vs
Side-by-side financial comparison of Hyperfine, Inc. (HYPR) and SWK Holdings Corp (SWKH). Click either name above to swap in a different company.
SWK Holdings Corp is the larger business by last-quarter revenue ($8.7M vs $5.3M, roughly 1.6× Hyperfine, Inc.). On growth, Hyperfine, Inc. posted the faster year-over-year revenue change (128.0% vs -29.7%). SWK Holdings Corp produced more free cash flow last quarter ($26.8M vs $-5.3M). Over the past eight quarters, Hyperfine, Inc.'s revenue compounded faster (26.7% CAGR vs -12.5%).
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.
SWK Holdings Corp is a specialty finance firm focused on the healthcare and life sciences sectors. It provides tailored financing solutions including royalty monetization, structured debt, and asset-backed lending to biotech, pharmaceutical, medical device and diagnostic companies, with its core market centered in North America.
HYPR vs SWKH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.3M | $8.7M |
| Net Profit | $-5.9M | $-19.4M |
| Gross Margin | 50.9% | — |
| Operating Margin | -144.9% | 9.9% |
| Net Margin | -111.7% | — |
| Revenue YoY | 128.0% | -29.7% |
| Net Profit YoY | 43.1% | -430.2% |
| EPS (diluted) | $-0.05 | $-1.59 |
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.
| Q4 25 | $5.3M | $8.7M | ||
| Q3 25 | $3.4M | $10.9M | ||
| Q2 25 | $2.7M | $10.1M | ||
| Q1 25 | $2.1M | $11.8M | ||
| Q4 24 | $2.3M | $12.4M | ||
| Q3 24 | $3.6M | $10.4M | ||
| Q2 24 | $3.6M | $10.8M | ||
| Q1 24 | $3.3M | $11.4M |
| Q4 25 | $-5.9M | $-19.4M | ||
| Q3 25 | $-11.0M | $8.8M | ||
| Q2 25 | $-9.2M | $3.5M | ||
| Q1 25 | $-9.4M | $4.5M | ||
| Q4 24 | $-10.4M | $5.9M | ||
| Q3 24 | $-10.3M | $3.5M | ||
| Q2 24 | $-10.2M | $3.7M | ||
| Q1 24 | $-9.8M | $468.0K |
| Q4 25 | 50.9% | — | ||
| Q3 25 | 53.8% | — | ||
| Q2 25 | 49.3% | — | ||
| Q1 25 | 41.3% | — | ||
| Q4 24 | 35.6% | — | ||
| Q3 24 | 52.4% | — | ||
| Q2 24 | 49.7% | — | ||
| Q1 24 | 41.1% | — |
| Q4 25 | -144.9% | 9.9% | ||
| Q3 25 | -259.5% | 61.3% | ||
| Q2 25 | -355.9% | 46.1% | ||
| Q1 25 | -510.2% | 68.6% | ||
| Q4 24 | -463.8% | 44.7% | ||
| Q3 24 | -300.9% | 39.2% | ||
| Q2 24 | -298.7% | 8.3% | ||
| Q1 24 | -323.2% | 9.5% |
| Q4 25 | -111.7% | — | ||
| Q3 25 | -320.6% | 80.7% | ||
| Q2 25 | -342.2% | 35.2% | ||
| Q1 25 | -440.7% | 38.4% | ||
| Q4 24 | -447.7% | 47.5% | ||
| Q3 24 | -283.4% | 33.3% | ||
| Q2 24 | -279.7% | 33.9% | ||
| Q1 24 | -298.9% | 4.1% |
| Q4 25 | $-0.05 | $-1.59 | ||
| Q3 25 | $-0.14 | $0.72 | ||
| Q2 25 | $-0.12 | $0.29 | ||
| Q1 25 | $-0.12 | $0.37 | ||
| Q4 24 | $-0.14 | $0.47 | ||
| Q3 24 | $-0.14 | $0.28 | ||
| Q2 24 | $-0.14 | $0.30 | ||
| Q1 24 | $-0.14 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $35.1M | $42.8M |
| Total DebtLower is stronger | — | $33.0M |
| Stockholders' EquityBook value | $41.0M | $235.1M |
| Total Assets | $55.3M | $272.4M |
| Debt / EquityLower = less leverage | — | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $35.1M | $42.8M | ||
| Q3 25 | $21.6M | $10.2M | ||
| Q2 25 | $25.4M | $8.0M | ||
| Q1 25 | $33.1M | $29.8M | ||
| Q4 24 | $37.6M | $5.9M | ||
| Q3 24 | $45.8M | $17.2M | ||
| Q2 24 | $53.8M | $5.5M | ||
| Q1 24 | $63.2M | $5.5M |
| Q4 25 | — | $33.0M | ||
| Q3 25 | — | $33.0M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | — | $33.0M | ||
| Q4 24 | — | $33.0M | ||
| Q3 24 | — | $33.0M | ||
| Q2 24 | — | $33.0M | ||
| Q1 24 | — | $33.0M |
| Q4 25 | $41.0M | $235.1M | ||
| Q3 25 | $26.9M | $254.2M | ||
| Q2 25 | $35.1M | $246.5M | ||
| Q1 25 | $43.1M | $292.7M | ||
| Q4 24 | $49.0M | $288.7M | ||
| Q3 24 | $58.3M | $283.4M | ||
| Q2 24 | $66.8M | $282.8M | ||
| Q1 24 | $75.6M | $279.9M |
| Q4 25 | $55.3M | $272.4M | ||
| Q3 25 | $41.5M | $289.4M | ||
| Q2 25 | $45.2M | $285.7M | ||
| Q1 25 | $53.4M | $331.3M | ||
| Q4 24 | $58.9M | $332.2M | ||
| Q3 24 | $69.4M | $321.3M | ||
| Q2 24 | $76.6M | $321.0M | ||
| Q1 24 | $85.4M | $322.0M |
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 0.13× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.11× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-5.2M | $27.3M |
| Free Cash FlowOCF − Capex | $-5.3M | $26.8M |
| FCF MarginFCF / Revenue | -99.6% | 308.1% |
| Capex IntensityCapex / Revenue | 1.2% | 5.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-29.1M | $43.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-5.2M | $27.3M | ||
| Q3 25 | $-5.6M | $906.0K | ||
| Q2 25 | $-7.9M | $7.8M | ||
| Q1 25 | $-9.2M | $8.3M | ||
| Q4 24 | $-8.4M | $23.0M | ||
| Q3 24 | $-8.5M | $6.3M | ||
| Q2 24 | $-9.4M | $5.4M | ||
| Q1 24 | $-12.5M | $4.4M |
| Q4 25 | $-5.3M | $26.8M | ||
| Q3 25 | $-5.7M | $557.0K | ||
| Q2 25 | $-8.4M | $7.7M | ||
| Q1 25 | $-9.7M | $8.2M | ||
| Q4 24 | $-8.4M | $22.9M | ||
| Q3 24 | $-8.7M | $6.3M | ||
| Q2 24 | $-9.5M | $5.4M | ||
| Q1 24 | $-12.7M | — |
| Q4 25 | -99.6% | 308.1% | ||
| Q3 25 | -166.2% | 5.1% | ||
| Q2 25 | -312.7% | 77.0% | ||
| Q1 25 | -454.9% | 69.1% | ||
| Q4 24 | -360.4% | 185.3% | ||
| Q3 24 | -238.2% | 60.4% | ||
| Q2 24 | -260.4% | 49.7% | ||
| Q1 24 | -384.1% | — |
| Q4 25 | 1.2% | 5.9% | ||
| Q3 25 | 3.8% | 3.2% | ||
| Q2 25 | 19.3% | 0.6% | ||
| Q1 25 | 22.1% | 0.8% | ||
| Q4 24 | 0.3% | 1.1% | ||
| Q3 24 | 4.4% | 0.3% | ||
| Q2 24 | 2.0% | 0.2% | ||
| Q1 24 | 4.4% | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | 2.21× | ||
| Q1 25 | — | 1.82× | ||
| Q4 24 | — | 3.93× | ||
| Q3 24 | — | 1.82× | ||
| Q2 24 | — | 1.47× | ||
| Q1 24 | — | 9.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HYPR
| Products | $4.9M | 92% |
| Other | $436.0K | 8% |
SWKH
| Finance Receivables Segment | $8.4M | 96% |
| Other | $329.0K | 4% |
