HYPR

EX-99.1

2 d142207dex991.htm

EX-99.1

EX-99.1

Exhibit 99.1

Hyperfine Reports Record Preliminary Third Quarter Revenue of Approximately $6.0 Million & Reaffirms Full Year 2026 Revenue Outlook of Approximately $20 to $22 Million

Preliminary Revenue Represents 53% Sequential Quarterly Growth; Company Reaffirms 2026 Financial Guidance and Expects Quarter-End Cash and Cash Equivalents of Approximately $37.9 Million

Guilford, CONN. – October 8, 2026 – Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking health technology company that has redefined brain imaging with the first FDA-cleared AI-powered portable MRI system for the brain—the Swoop® system—today announced preliminary, unaudited revenue, net cash burn, and cash and cash equivalents for the third quarter ended September 30, 2026.

“Our preliminary third-quarter results demonstrate that execution of our commercial strategy is driving meaningful growth. Momentum was strong across our three commercial verticals, with new and follow-on orders from health systems, expansion across hospital sites of care, adoption in office-based, wellness and longevity, and mobile settings, and the rollout of our Model 2 Swoop system in international markets,” said Maria Sainz, President and Chief Executive Officer of Hyperfine, Inc. “Preliminary expected revenue of approximately $6.0 million represents a significant step up, with 53% sequential growth, while strong operating discipline is reflected in lower cash burn. As we enter the decade of brain health and the use of our unique portable scanner expands, accessible brain imaging integrated in the AI ecosystem can be an engine to enable further access to timely brain care and routine brain wellness.”

Third Quarter 2026 Preliminary, Unaudited Financial Results

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Preliminary, unaudited revenue for the third quarter of 2026 is expected to be approximately $6.0 million, representing growth of 53% sequentially compared to the second quarter of 2026.

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Preliminary, unaudited net cash burn, excluding financing proceeds, for the third quarter of 2026 is expected to be approximately $5.6 million1, representing a 29% sequential improvement compared to the second quarter of 2026. The Company did not raise any financing proceeds during the third quarter of 2026.

•

Preliminary unaudited third-quarter revenue is expected to exceed preliminary unaudited third-quarter net cash

burn for the first time, marking an important milestone in the Company’s continued growth and operating leverage.

Nine Months Ended September 30, 2026 Preliminary, Unaudited Financial Results

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Preliminary, unaudited revenue for the nine months ended September 30, 2026 is expected to be approximately $13.8 million, representing growth of 66% compared to the nine months ended September 30, 2025.

•

Preliminary, unaudited net cash burn, excluding financing proceeds, for the nine months ended September 30, 2026 is expected to be approximately $22.2 million1, representing a 8% improvement compared to the nine months ended September 30, 2025.

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Preliminary, unaudited cash and cash equivalents as of September 30, 2026 are expected to be approximately $37.9 million.

2026 Financial Guidance

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Management continues to expect revenue for the full year 2026 to be approximately $20 to $22 million, representing 55% growth at the midpoint as compared to full year 2025.

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Management continues to expect net cash burn, excluding financing proceeds, for the full year 2026 to be approximately $26 to $28 million1, representing a 10% decline at the midpoint as compared to full year 2025.

Hyperfine expects to provide complete third quarter 2026 financial results during its third quarter 2026 earnings call on November 9, 2026.

1

Net cash burn is calculated as change in cash and cash equivalents less net financing proceeds, including net proceeds from shares issued under the Company’s “at-the-market” offering program, the Company’s February 2025 registered direct offering, the Company’s October 2025 underwritten public offering, and the Company’s March 2026 debt financing. Cash and cash equivalents were $40.8 million as of March 31, 2026 and $43.5 million as of June 30, 2026 and are preliminarily expected, on an unaudited basis, to be approximately $37.9 million as of September 30, 2026; net financing proceeds in the aggregate were $10.6 million for the quarter ended June 30, 2026 and $0.0 million for the quarter ended September 30, 2026. Cash and cash equivalents were $37.6 million as of December 31, 2024, $21.6 million as of September 30, 2025, and $35.1 million as of December 31, 2025, and preliminary, unaudited are expected to be approximately $37.9 million as of September 30, 2026; net financing proceeds in the aggregate were $8.1 million for the nine months ended September 30, 2025, and preliminary, unaudited are expected to be approximately $25.0 million for the nine months ended September 30, 2026. Net financing proceeds in the aggregate were $27.3 million for t

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