Record-Breaking Quarterly Revenue
BrainsWay reported a record quarterly revenue of $12.6 million for Q2 2025, representing a 26% increase compared to the same period last year.
Increase in Deep TMS System Shipments
The company shipped 88 Deep TMS systems during the quarter, a 35% increase from the same period last year, bringing the total installed base to 1,522 systems.
Strong Gross Margin and Recurring Revenue Model
Gross profit for the quarter was $9.5 million with a stable gross margin of 75%. The recurring revenue model is bolstered by multiyear lease agreements making up approximately 70% of customer engagement.
Strategic Investment and Expansion
BrainsWay made a $5 million investment in Stella MSO, a management services organization for mental health clinics, as part of a broader strategy supported by a $20 million equity investment from Valor Equity Partners.
Positive Net Profit Growth
Net profit for the quarter was $2 million compared to $0.6 million in the same period of 2024.
Increased Full-Year Revenue Guidance
The company raised its full year 2025 revenue guidance to a range of $50 million to $52 million, representing 22% to 27% growth over 2024.