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Brainsway exceeded earnings expectations in 2025, posted strong growth, and expanded its treatment approvals and funding.
Brainsway reported strong Q4 and full-year 2025 results, with revenue of $14.55 million and EPS of $0.14, exceeding estimates.
The company saw 27% year-over-year revenue growth, achieved its 10th straight profitable quarter, and expanded its installed base to about 1,700 Deep TMS systems.
It secured FDA label expansion for adolescents with depression, gained payer coverage advances, and received clearance for an accelerated treatment protocol.
Brainsway also announced a $2.5 million NIH-funded trial for alcohol use disorder and plans an FDA submission for PTSD.
It projected 2026 revenue of $66–68 million and adjusted EBITDA of $12–14 million.
Brainsway superó las expectativas de ganancias en 2025, registró un fuerte crecimiento y expandió sus aprobaciones de tratamiento y financiamiento.