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Myomo
Myomo (MYO) investor relations material
Myomo Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary9 Mar, 2026
Executive summary
Achieved 26% full-year revenue growth to $40.9 million, with Q4 revenue at $11.4 million, the highest quarter of the year.
Record 241 MyoPro orders/authorizations in Q4, up sequentially, driven by O&P channel, MyoConnect referrals, and international growth.
Recurring revenue sources grew to 42% of Q4 revenue, reflecting a strategic shift toward sustainable streams.
Gross margin for Q4 was 68.6%, down from 71.4% a year ago, primarily due to lower ASP and higher warranty costs.
Q4 operating loss was $2.8 million; net loss was $3.8 million ($0.09/share).
Financial highlights
Q4 revenue of $11.4 million, up 13% sequentially but down 6% year-over-year due to lower units and ASP.
Full-year gross margin at 65.7%, down from 71.2% in 2024, impacted by higher overhead and warranty costs.
Adjusted EBITDA for Q4 was negative $1.9 million; full-year Adjusted EBITDA was negative $11.5 million.
Q4 operating expenses: $10.6 million, up 19% year-over-year, mainly from higher sales and marketing.
Cash and short-term investments at $18.4 million as of year-end; Q4 cash burn was $1.5 million.
Outlook and guidance
2026 revenue expected between $43 million and $46 million, with Q1 revenue seasonally lower at $9–$9.5 million.
Gross margin expected to rise in 2026 due to higher volume, cost reductions, and a 2% Medicare price increase.
Operating loss and cash burn projected to be cut by half in 2026, with OpEx growth limited to half the revenue growth rate.
Focus on growing recurring revenue sources to approach 50% of total revenue by end of 2026.
Efforts underway to reduce material costs by 20%, with full benefits expected in H2 2026.
Impact of new marketing on pipeline add cost
Detail material cost reduction initiatives
How will RCT results influence market adoption?
Impact of recurring sources on acquisition costs
Strategy to address Medicare Advantage denials
Next steps for China JV after Ryzur bankruptcy
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Next Myomo earnings date
Q1 20266 May, 2026
Myomo
Next Myomo earnings date
Q1 20266 May, 2026
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Frequently asked questions
Myomo Inc is a medical robotics company that develops wearable devices to improve arm and hand function for individuals with neuromuscular conditions. Its primary product is a powered orthosis that restores mobility for patients with stroke, spinal cord injury, or other neurological disorders. The device is distributed through clinical partners and direct-to-patient channels. Myomo Inc is headquartered in Boston, Massachusetts, and its shares are listed on the NYSE American.
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