Business Description
Nano-X Imaging Ltd. specializes in developing a commercial-grade tomographic imaging device that incorporates an innovative digital X-ray source, which leverages a digital micro-electro-mechanical systems (MEMS) semiconductor cathode. Beyond its hardware focus, the company also delivers teleradiology services and creates artificial intelligence (AI) applications tailored for practical use in medical imaging. Its core offerings include the Nanox.ARC, a prototype medical imaging system that integrates its proprietary digital X-ray technology, and Nanox.CLOUD, a complementary cloud-based software platform envisioned to facilitate medical screening as a service. Nano-X also operates Nanox.MARKETPLACE, a platform designed to connect imaging facilities and customers with radiologists for efficient remote interpretation of medical scans. Additionally, the company provides AI-driven software solutions to a wide range of healthcare entities, including hospitals, health maintenance organizations, integrated delivery networks, pharmaceutical companies, and insurers. These solutions are designed to analyze data from existing computed tomography (CT) scans to identify or predict undiagnosed or underdiagnosed medical conditions, such as osteoporosis and cardiovascular disease. Nano-X further offers Teleradiology Services, delivering remote imaging interpretation to radiology practices, hospitals, medical clinics, diagnostic imaging centers, urgent care facilities, and multi-specialty physician groups. Founded in 2011, Nano-X Imaging Ltd. is headquartered in Neve Ilan, Israel.
Business History
Price Overview
Last updated: Jun 27, 2026 8:02am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -1.16
Total Equity: $139.73M
Shares: 64,790,000
Total Debt: $3.14M
Cash: $49.15M
EBITDA: -$49.00M
Total Debt: $3.14M
Cash: $49.15M
Revenue: $13.02M
Shares: 64,790,000
Revenue: $13.02M
Revenue: $13.02M
Revenue: $13.02M
Total Equity: $139.73M
Tax Rate: 2.3%
Equity: $139.73M
Total Debt: $3.14M
Cash: $49.15M
Current Liabilities: $16.89M
Long-Term Debt: $0.00
Total Debt: $3.14M
Total Equity: $139.73M
Shares: 64,790,000
Shares: 64,790,000
CapEx: -$4.21M
Shares: 64,790,000
Stock Price: $1.09
Net Income: -$75.02M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 26, 2026 4:47pm (15h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.3M | $8.6M | $9.9M | $11.3M | $13.0M |
| Cost of Revenue | $2.8M | $15.5M | $16.5M | $21.9M | $25.8M |
| Gross Profit | -$1.5M | -$6.9M | -$6.6M | -$10.6M | -$12.8M |
| Operating Expenses | $60.0M | $72.3M | $56.0M | $46.1M | $47.9M |
| Operating Income | -$61.6M | -$109.7M | -$62.6M | -$56.7M | -$60.7M |
| Net Income | -$61.8M | -$105.2M | -$60.8M | -$53.5M | -$75.0M |
| EBITDA | -$59.3M | -$75.7M | -$47.7M | -$45.0M | -$49.0M |
| EPS | $-1.28 | $-2.01 | $-1.08 | $-0.91 | $-1.16 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 26, 2026 4:47pm (15h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $66.6M | $38.5M | $56.4M | $39.3M | $49.2M |
| Total Current Assets | $94.9M | $82.5M | $88.6M | $78.7M | $66.8M |
| Total Assets | $363.2M | $253.9M | $218.6M | $210.0M | $162.2M |
| Current Liabilities | $52.8M | $25.1M | $15.5M | $14.0M | $16.9M |
| Long-Term Debt | $3.8M | $3.5M | $0 | $0 | $0 |
| Total Liabilities | $71.0M | $37.3M | $23.1M | $20.9M | $22.4M |
| Total Equity | $292.1M | $216.7M | $195.5M | $189.1M | $139.7M |
| Retained Earnings | -$146.2M | -$259.5M | -$320.2M | -$373.7M | -$448.8M |
Cash Flow (Annual)
Last updated: Jun 26, 2026 4:47pm (15h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$38.1M | -$43.4M | -$44.8M | -$36.6M | -$40.8M |
| Capital Expenditure | -$23.2M | -$7.2M | -$3.3M | -$2.8M | -$4.2M |
| Free Cash Flow | -$61.2M | -$50.6M | -$48.1M | -$39.4M | -$45.0M |
| Acquisitions (net) | -$2.9M | $1.0M | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$147.0M | -$28.2M | $17.8M | -$17.1M | $9.8M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 4:47pm (15h ago)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$58.5M $53.0M – $63.1M
|
$108.7M $96.1M – $119.4M
|
$183.7M $162.4M – $201.8M
|
$251.5M $222.3M – $276.2M
|
| EBITDA |
-$58.5M -$63.1M – -$53.0M
|
-$108.7M -$119.4M – -$96.1M
|
-$183.7M -$201.8M – -$162.4M
|
-$251.5M -$276.2M – -$222.3M
|
| Net Income |
-$22.6M -$25.8M – -$19.4M
|
-$10.8M -$11.0M – -$5.2M
|
$14.9M $12.7M – $16.8M
|
$31.7M $27.0M – $35.8M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 26, 2026 4:47pm (15h ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +557.8% | +15.5% | +13.9% | +15.4% |
| Gross Profit Growth | -355.0% | +4.2% | -60.9% | -20.5% |
| Operating Income Growth | -78.2% | +43.0% | +9.3% | -7.0% |
| Net Income Growth | -70.3% | +42.3% | +11.9% | -40.2% |
| EBITDA Growth | -27.7% | +37.0% | +5.6% | -8.9% |
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 |
|---|---|---|---|---|---|
| 2026-06-10 | Alroy Erez | S-Sale | 469.00 | $1.65 | $774 |
| 2026-06-10 | Alroy Erez | S-Sale | 209.00 | $1.65 | $345 |
| 2026-03-18 | Suesskind Dan S | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Suesskind Dan S | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Suesskind Dan S | 12,505.00 | $64.61 | $807,948 | |
| 2026-03-18 | Suesskind Dan S | 50,000.00 | $17.63 | $881,500 | |
| 2026-03-18 | Suesskind Dan S | 10,000.00 | $11.52 | $115,200 | |
| 2026-03-18 | Yahav Attias Gali | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Yahav Attias Gali | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Yahav Attias Gali | 6,500.00 | $23.86 | $155,090 | |
| 2026-03-18 | Yahav Attias Gali | 12,500.00 | $17.63 | $220,375 | |
| 2026-03-18 | Yahav Attias Gali | 40,000.00 | $11.52 | $460,800 | |
| 2026-03-18 | saban sharon | 0.00 | $0.00 | $0 | |
| 2026-03-18 | saban sharon | 15,000.00 | $17.63 | $264,450 | |
| 2026-03-18 | Alroy Erez | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Alroy Erez | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Alroy Erez | 50,000.00 | $17.63 | $881,500 | |
| 2026-03-18 | Alroy Erez | 10,000.00 | $11.52 | $115,200 | |
| 2026-03-18 | Daniel Ran | D-Return | 39,474.00 | $0.00 | $0 |
| 2026-03-18 | Ronen Nehama | 0.00 | $0.00 | $0 |
Narrative Economics
market-narrative step).