Earnings ·
BrainsWay reports Q3 revenue of $18.1M and operating income of $2.6M
BWAYBrainsway Ltd.
BrainsWay reported third-quarter 2026 revenue of $18.1 million, a 34% increase from the prior-year period, alongside operating income rising 107% to $2.6 million and Adjusted EBITDA increasing approximately 92% to $3.9 million. The company shipped 130 Deep TMS systems during the quarter, marking a 44% year-over-year increase, while remaining performance obligations grew 31% to approximately $85 million. Management updated its full-year guidance, expecting results at the upper end of previous ranges with potential to modestly exceed them. BrainsWay is a global leader in advanced non-invasive neurostimulation treatments for mental health disorders.