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Side-by-side financial comparison of Hyperfine, Inc. (HYPR) and SMITH MICRO SOFTWARE, INC. (SMSI). Click either name above to swap in a different company.

Hyperfine, Inc. is the larger business by last-quarter revenue ($5.3M vs $4.0M, roughly 1.3× SMITH MICRO SOFTWARE, INC.). On growth, Hyperfine, Inc. posted the faster year-over-year revenue change (128.0% vs -20.0%). Over the past eight quarters, Hyperfine, Inc.'s revenue compounded faster (26.7% CAGR vs -17.2%).

Hyperfine, Inc. develops and commercializes innovative portable low-field magnetic resonance imaging (MRI) systems for medical diagnostic use. Its solutions deliver accessible, cost-effective imaging for healthcare providers across acute care, rural clinics, pediatric care, and other underserved clinical settings worldwide.

Smith Micro Software, Inc., founded in 1982 by William W. Smith, Jr., is a developer and marketer of both enterprise and consumer-level software and services. Headquartered in Pittsburgh, Pennsylvania, Smith Micro maintains multiple domestic and international offices. United States locations include Aliso Viejo, California, and Pittsburgh, Pennsylvania. International offices are located throughout Europe and Asia. Currently, the company focuses on digital lifestyle solutions and security tech...

HYPR vs SMSI — Head-to-Head

Bigger by revenue
HYPR
HYPR
1.3× larger
HYPR
$5.3M
$4.0M
SMSI
Growing faster (revenue YoY)
HYPR
HYPR
+148.1% gap
HYPR
128.0%
-20.0%
SMSI
Faster 2-yr revenue CAGR
HYPR
HYPR
Annualised
HYPR
26.7%
-17.2%
SMSI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HYPR
HYPR
SMSI
SMSI
Revenue
$5.3M
$4.0M
Net Profit
$-5.9M
Gross Margin
50.9%
76.4%
Operating Margin
-144.9%
-109.8%
Net Margin
-111.7%
Revenue YoY
128.0%
-20.0%
Net Profit YoY
43.1%
EPS (diluted)
$-0.05
$-0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HYPR
HYPR
SMSI
SMSI
Q4 25
$5.3M
$4.0M
Q3 25
$3.4M
$4.3M
Q2 25
$2.7M
$4.4M
Q1 25
$2.1M
$4.6M
Q4 24
$2.3M
$5.0M
Q3 24
$3.6M
$4.6M
Q2 24
$3.6M
$5.1M
Q1 24
$3.3M
$5.8M
Net Profit
HYPR
HYPR
SMSI
SMSI
Q4 25
$-5.9M
Q3 25
$-11.0M
$-4.5M
Q2 25
$-9.2M
$-15.1M
Q1 25
$-9.4M
$-5.2M
Q4 24
$-10.4M
Q3 24
$-10.3M
$-6.4M
Q2 24
$-10.2M
$-6.9M
Q1 24
$-9.8M
$-31.0M
Gross Margin
HYPR
HYPR
SMSI
SMSI
Q4 25
50.9%
76.4%
Q3 25
53.8%
73.9%
Q2 25
49.3%
73.5%
Q1 25
41.3%
72.8%
Q4 24
35.6%
75.6%
Q3 24
52.4%
71.6%
Q2 24
49.7%
68.7%
Q1 24
41.1%
65.7%
Operating Margin
HYPR
HYPR
SMSI
SMSI
Q4 25
-144.9%
-109.8%
Q3 25
-259.5%
-103.2%
Q2 25
-355.9%
-338.3%
Q1 25
-510.2%
-112.7%
Q4 24
-463.8%
-89.7%
Q3 24
-300.9%
-140.0%
Q2 24
-298.7%
-135.8%
Q1 24
-323.2%
-542.4%
Net Margin
HYPR
HYPR
SMSI
SMSI
Q4 25
-111.7%
Q3 25
-320.6%
-104.3%
Q2 25
-342.2%
-340.8%
Q1 25
-440.7%
-112.1%
Q4 24
-447.7%
Q3 24
-283.4%
-137.0%
Q2 24
-279.7%
-134.8%
Q1 24
-298.9%
-534.8%
EPS (diluted)
HYPR
HYPR
SMSI
SMSI
Q4 25
$-0.05
$-0.15
Q3 25
$-0.14
$-0.25
Q2 25
$-0.12
$-0.78
Q1 25
$-0.12
$-0.28
Q4 24
$-0.14
$0.54
Q3 24
$-0.14
$-0.54
Q2 24
$-0.14
$-0.66
Q1 24
$-0.14
$-3.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HYPR
HYPR
SMSI
SMSI
Cash + ST InvestmentsLiquidity on hand
$35.1M
$1.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$41.0M
$18.4M
Total Assets
$55.3M
$25.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HYPR
HYPR
SMSI
SMSI
Q4 25
$35.1M
$1.5M
Q3 25
$21.6M
$1.4M
Q2 25
$25.4M
$1.4M
Q1 25
$33.1M
$2.3M
Q4 24
$37.6M
$2.8M
Q3 24
$45.8M
$1.5M
Q2 24
$53.8M
$5.6M
Q1 24
$63.2M
$6.2M
Stockholders' Equity
HYPR
HYPR
SMSI
SMSI
Q4 25
$41.0M
$18.4M
Q3 25
$26.9M
$19.9M
Q2 25
$35.1M
$22.4M
Q1 25
$43.1M
$36.6M
Q4 24
$49.0M
$40.8M
Q3 24
$58.3M
$37.7M
Q2 24
$66.8M
$42.9M
Q1 24
$75.6M
$45.4M
Total Assets
HYPR
HYPR
SMSI
SMSI
Q4 25
$55.3M
$25.0M
Q3 25
$41.5M
$27.1M
Q2 25
$45.2M
$29.6M
Q1 25
$53.4M
$43.4M
Q4 24
$58.9M
$48.0M
Q3 24
$69.4M
$46.2M
Q2 24
$76.6M
$53.0M
Q1 24
$85.4M
$55.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HYPR
HYPR
SMSI
SMSI
Operating Cash FlowLast quarter
$-5.2M
$-2.2M
Free Cash FlowOCF − Capex
$-5.3M
FCF MarginFCF / Revenue
-99.6%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-29.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HYPR
HYPR
SMSI
SMSI
Q4 25
$-5.2M
$-2.2M
Q3 25
$-5.6M
$-2.1M
Q2 25
$-7.9M
$-2.3M
Q1 25
$-9.2M
$-602.0K
Q4 24
$-8.4M
$-4.9M
Q3 24
$-8.5M
$-3.8M
Q2 24
$-9.4M
$-4.2M
Q1 24
$-12.5M
$-1.3M
Free Cash Flow
HYPR
HYPR
SMSI
SMSI
Q4 25
$-5.3M
Q3 25
$-5.7M
$-2.2M
Q2 25
$-8.4M
Q1 25
$-9.7M
$-606.0K
Q4 24
$-8.4M
$-4.9M
Q3 24
$-8.7M
$-3.8M
Q2 24
$-9.5M
$-4.2M
Q1 24
$-12.7M
$-1.3M
FCF Margin
HYPR
HYPR
SMSI
SMSI
Q4 25
-99.6%
Q3 25
-166.2%
-49.6%
Q2 25
-312.7%
Q1 25
-454.9%
-13.1%
Q4 24
-360.4%
-99.2%
Q3 24
-238.2%
-82.2%
Q2 24
-260.4%
-82.0%
Q1 24
-384.1%
-23.3%
Capex Intensity
HYPR
HYPR
SMSI
SMSI
Q4 25
1.2%
Q3 25
3.8%
0.5%
Q2 25
19.3%
Q1 25
22.1%
0.1%
Q4 24
0.3%
0.1%
Q3 24
4.4%
0.1%
Q2 24
2.0%
0.1%
Q1 24
4.4%
0.1%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HYPR
HYPR

Products$4.9M92%
Other$436.0K8%

SMSI
SMSI

Family Safety$3.2M80%
Other$797.0K20%

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