Ekso Bionics
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Ekso Bionics (EKSO) investor relations material

Ekso Bionics Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary23 Feb, 2026

Executive summary

  • Achieved record Q4 2024 revenue of $5.1 million, up 5% year-over-year, with gross margin rising to 53% from 49% due to supply chain and service cost savings.

  • Full-year 2024 revenue was $17.9 million, down 2% year-over-year, but gross profit increased to $9.5 million with a 53% margin, up from 50% in 2023.

  • Net loss for Q4 2024 was $3.4 million ($0.14/share), compared to $3.2 million ($0.22/share) in Q4 2023; full-year net loss improved 25% to $11.3 million ($0.56/share) from $15.2 million ($1.10/share) in 2023.

  • Named National Seating & Mobility as exclusive U.S. distributor for Ekso Indego Personal device in the CRT industry after year-end.

Financial highlights

  • Q4 2024 gross profit was $2.7 million, up 15% year-over-year; full-year gross profit was $9.5 million, up from $9.1 million.

  • Q4 sales and marketing expenses decreased to $1.9 million; R&D expenses fell to $845,000; G&A expenses dropped to $2.2 million.

  • Full-year sales and marketing expenses were $7.3 million (down from $8.5 million), R&D $3.9 million (down from $5.0 million), and G&A $8.8 million (down from $10.7 million).

  • Net cash used in operations was $1.4 million in Q4 and $9.8 million for the year, both improved from 2023.

  • Cash and restricted cash at year-end was $6.5 million.

Outlook and guidance

  • Focus for 2025 is on expanding patient access to Ekso Indego Personal and increasing CMS claim pipeline, as well as driving demand for EksoNR device.

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Frequently asked questions

Ekso Bionics Holdings Inc. is a company that develops and manufactures wearable exoskeletons designed to enhance human mobility and strength. Its core products include robotic exoskeletons used in rehabilitation and industrial applications. In healthcare, Ekso Bionics provides solutions that help patients with neurological conditions or injuries to regain mobility through assisted walking. The company's exoskeletons are also used in industrial settings to reduce worker fatigue and prevent injuries by augmenting human strength and endurance during heavy lifting and repetitive tasks. The company is headquartered in Richmond, California, USA, and its shares are listed on the NASDAQ.

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