Business Description
Myomo, Inc. is a medical technology company specializing in wearable robotics. The company engineers and manufactures advanced myoelectric orthoses, primarily for individuals in the United States who experience neuromuscular impairments. Its flagship product, MyoPro, is an upper-limb brace that utilizes muscle signals to assist patients with weak or paralyzed arms, thereby enhancing their ability to perform daily activities. These devices aim to restore function for both adult and adolescent patients suffering from various neurological conditions, including stroke, spinal cord injury, traumatic brain injury, and brachial plexus injuries. Myomo distributes its innovative solutions through a network that includes orthotics and prosthetics providers, rehabilitation hospitals, the Veterans Health Administration, and additional distributors. Established in 2004, Myomo, Inc. maintains its corporate headquarters in Boston, Massachusetts.
Business History
Price Overview
Last updated: Jun 27, 2026 9:02am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -0.37
Total Equity: $11.40M
Shares: 41,855,607
Total Debt: $11.22M
Cash: $14.13M
EBITDA: -$12.38M
Total Debt: $11.22M
Cash: $14.13M
Revenue: $40.93M
Shares: 41,855,607
Revenue: $40.93M
Revenue: $40.93M
Revenue: $40.93M
Total Equity: $11.40M
Tax Rate: -3.3%
Equity: $11.40M
Total Debt: $11.22M
Cash: $14.13M
Current Liabilities: $8.35M
Long-Term Debt: $11.22M
Total Debt: $11.22M
Total Equity: $11.40M
Shares: 41,855,607
Shares: 41,855,607
CapEx: -$1.74M
Shares: 41,855,607
Stock Price: $1.07
Net Income: -$15.57M
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
Last updated: Jun 24, 2026 3:46am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $13.9M | $15.6M | $19.2M | $32.6M | $40.9M |
| Cost of Revenue | $3.5M | $5.3M | $6.1M | $9.4M | $14.0M |
| Gross Profit | $10.3M | $10.3M | $13.2M | $23.2M | $26.9M |
| Operating Expenses | $20.6M | $20.9M | $21.4M | $29.4M | $41.3M |
| Operating Income | -$10.3M | -$10.7M | -$8.2M | -$6.2M | -$14.4M |
| Net Income | -$10.4M | -$10.7M | -$8.1M | -$6.2M | -$15.6M |
| EBITDA | -$9.9M | -$10.1M | -$7.5M | -$5.0M | -$12.4M |
| EPS | $-1.78 | $-1.52 | $-0.28 | $-0.16 | $-0.37 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 24, 2026 3:46am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $15.5M | $5.3M | $6.9M | $24.4M | $14.1M |
| Total Current Assets | $19.1M | $9.2M | $13.7M | $32.8M | $27.6M |
| Total Assets | $20.1M | $10.2M | $14.6M | $42.2M | $38.6M |
| Current Liabilities | $4.3M | $3.6M | $5.5M | $10.2M | $8.3M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $11.2M |
| Total Liabilities | $4.7M | $3.8M | $5.6M | $17.5M | $27.2M |
| Total Equity | $15.4M | $6.4M | $9.0M | $24.7M | $11.4M |
| Retained Earnings | -$78.1M | -$88.8M | -$96.9M | -$103.1M | -$118.7M |
Cash Flow (Annual)
Last updated: Jun 24, 2026 3:46am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$9.5M | -$10.2M | -$6.2M | -$3.3M | -$14.5M |
| Capital Expenditure | $-326,462 | $-111,793 | $-145,816 | -$1.4M | -$1.7M |
| Free Cash Flow | -$9.9M | -$10.3M | -$6.3M | -$4.7M | -$16.3M |
| Acquisitions (net) | $0 | $-199,000 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $3.3M | -$10.2M | $1.5M | $17.9M | -$10.0M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 11:07am (21h ago)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$50.2M $45.3M – $55.0M
|
$67.4M $62.8M – $71.7M
|
$82.0M $76.3M – $87.3M
|
$96.3M $89.7M – $102.6M
|
| EBITDA |
-$22.2M -$24.4M – -$20.1M
|
-$29.8M -$31.8M – -$27.8M
|
-$36.3M -$38.6M – -$33.8M
|
-$42.7M -$45.4M – -$39.7M
|
| Net Income |
-$10.7M -$12.5M – -$7.5M
|
-$2.1M -$2.3M – -$1.9M
|
$9.2M $8.4M – $10.0M
|
$16.3M $14.9M – $17.7M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 24, 2026 3:46am (3d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +12.3% | +23.7% | +69.2% | +25.7% |
| Gross Profit Growth | -0.6% | +28.6% | +75.9% | +16.0% |
| Operating Income Growth | -3.9% | +22.9% | +24.6% | -132.0% |
| Net Income Growth | -3.4% | +24.0% | +24.1% | -151.9% |
| EBITDA Growth | -1.6% | +26.1% | +32.5% | -145.5% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-25 | Manko Joseph M. Jr. | A-Award | 78,704.00 | $0.00 | $0 |
| 2026-06-25 | Crowley Thomas Aloysius Jr. | A-Award | 78,704.00 | $0.00 | $0 |
| 2026-06-25 | KIRK THOMAS F | A-Award | 78,704.00 | $0.00 | $0 |
| 2026-06-25 | Getz Heather C | A-Award | 78,704.00 | $0.00 | $0 |
| 2026-06-25 | FEBBO WILLIAM J | A-Award | 78,704.00 | $0.00 | $0 |
| 2026-06-25 | Morris Milton Mayo | A-Award | 78,704.00 | $0.00 | $0 |
| 2026-06-12 | Kovelman Harry | F-InKind | 10,442.00 | $1.20 | $12,530 |
| 2026-06-12 | Mitchell Micah | F-InKind | 9,061.00 | $1.20 | $10,873 |
| 2026-06-12 | HENRY DAVID A | F-InKind | 10,969.00 | $0.00 | $0 |
| 2026-06-08 | Mitchell Micah | F-InKind | 6,529.00 | $1.33 | $8,684 |
| 2026-06-08 | Kovelman Harry | F-InKind | 7,635.00 | $1.33 | $10,155 |
| 2026-06-08 | HENRY DAVID A | F-InKind | 10,050.00 | $0.00 | $0 |
| 2026-06-05 | KIRK THOMAS F | P-Purchase | 40,002.00 | $1.27 | $50,803 |
| 2026-05-14 | Mitchell Micah | S-Sale | 90,231.00 | $0.86 | $77,689 |
| 2026-05-28 | KIRK THOMAS F | P-Purchase | 25,000.00 | $0.99 | $24,825 |
| 2026-05-27 | Kovelman Harry | S-Sale | 20,464.00 | $1.00 | $20,505 |
| 2026-05-28 | Kovelman Harry | S-Sale | 11,536.00 | $1.02 | $11,734 |
| 2026-05-18 | KIRK THOMAS F | P-Purchase | 43,401.00 | $0.91 | $39,495 |
| 2026-05-15 | KIRK THOMAS F | P-Purchase | 31,605.00 | $0.91 | $28,748 |
| 2026-05-15 | Manko Joseph M. Jr. | P-Purchase | 30,367.00 | $0.89 | $26,960 |
Narrative Economics
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