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BrainsWay Posts Record $17.1 Million Q2 Revenue as Shipments Rise

Courtroom-sketch editorial illustration of a seated woman receiving Deep TMS treatment while a clinician adjusts the neurostimulation helmet.

Israeli neurostimulation company BrainsWay reported record second-quarter revenue of $17.1 million, up 35% year over year, after shipping a record 125 Deep TMS systems. Operating income climbed to $2.4 million from $0.6 million, while net income rose 34% to $2.7 million. Remaining performance obligations reached $80.4 million, 30% higher than a year earlier. The Jerusalem-founded company raised its 2026 revenue guidance to $68 million to $70 million and its adjusted EBITDA outlook to $13 million to $14 million.

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