← Back to Screener
ScreenerNewsCompareWatchlist
VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesNewsCompareWatchlist
AnalyzeValuationTotal ReturnDCA CalculatorInsider Activity

BWAY logoBrainsWay Ltd.(BWAY)Earnings, Financials & Key Ratios

BWAY•NASDAQ
$16.42
$322M mkt cap·45.6× P/E·Price updated May 6, 2026
SectorHealthcareIndustryMedical DevicesSub-IndustryNeuromodulation and neuro devices
AboutBrainsway Ltd. develops and sells noninvasive neurostimulation treatments for mental health disorders in the United States, Europe, Israel, and internationally. It offers Deep Transcranial Magnetic Stimulation platform technology for the treatment of major depressive disorders, anxious depression, obsessive-compulsive disorders, smoking addiction, bipolar disorders, post traumatic stress disorders, schizophrenia, Alzheimer's disease, autism, chronic pain, multiple sclerosis, post stroke rehabilitation, and Parkinson's diseases. The company primarily serves doctors, hospitals, and medical centers in the field of psychiatry. Brainsway Ltd. was founded in 2003 and is headquartered in Jerusalem, Israel.Show more
  • Revenue$53M+28.3%
  • EBITDA$6M+86.8%
  • Net Income$8M+163.4%
  • EPS (Diluted)0.36+300.0%
  • Gross Margin75.42%+1.1%
  • EBITDA Margin11.22%+45.6%
  • Operating Margin8.28%+144.1%
  • Net Margin14.62%+105.2%
  • ROE11.35%+101.9%
  • ROIC61.2%+783.6%
  • Debt/Equity0.09+3.2%
  • Interest Coverage1.96+90.8%
Technical→

BWAY Key Insights

BrainsWay Ltd. (BWAY) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong Piotroski F-Score: 7/9
  • ✓FCF machine: 31.2% free cash flow margin
  • ✓Momentum leader: RS Rating 94 (top 6%)
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 19.0%

✗Weaknesses

  • ✗Weak 3Y average ROE of 2.4%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

BWAY Price & Volume

BrainsWay Ltd. (BWAY) stock price & volume — 10-year historical chart

Loading chart...

BWAY Growth Metrics

BrainsWay Ltd. (BWAY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years22.71%
5 Years19%
3 Years24.65%
TTM27.55%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM161.94%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM139.23%

Return on Capital

10 Years-16.24%
5 Years-6.62%
3 Years-0.6%
Last Year5.13%

BWAY Recent Earnings

BrainsWay Ltd. (BWAY) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (82%)●Beat Revenue 6/12 qtrs (55%)
Q2 2026Latest
Mar 11, 2026
EPS
$0.14
Est $0.06
+133.3%
Revenue
$15M
Est $14M
+3.8%
Q4 2025
Nov 11, 2025
EPS
$0.08
Est $0.11
-27.3%
Revenue
$14M
Est $14M
-3.6%
Q4 2025
Sep 30, 2025
EPS
$0.05
Revenue
$13M
Q2 2025
May 13, 2025
EPS
$0.04
Est $0.02
+100.0%
Revenue
$12M
Est $12M
-5.2%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 11, 2026
$0.14vs $0.06+133.3%
$15Mvs $14M+3.8%
Q4 2025Nov 11, 2025
$0.08vs $0.11-27.3%
$14Mvs $14M-3.6%
Q4 2025Sep 30, 2025
$0.05
$13M
Q2 2025May 13, 2025
$0.04vs $0.02+100.0%
$12Mvs $12M-5.2%
Based on last 12 quarters of dataView full earnings history →

BWAY Peer Comparison

BrainsWay Ltd. (BWAY) competitors in Neuromodulation and neuro devices — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
STIM logoSTIMNeuronetics, Inc.Direct Competitor150.99M2.17-3.6899.17%-24.48%-139.83%3.44
NVCR logoNVCRNovoCure LimitedDirect Competitor1.81B15.88-13.028.28%-25.66%-50.82%0.85
LIVN logoLIVNLivaNova PLCProduct Competitor3.15B57.59-12.9410.74%-17.47%-20.21%5.5%0.39
GKOS logoGKOSGlaukos CorporationProduct Competitor7.81B133.42-40.6832.33%-34.34%-26.46%0.21
ELMD logoELMDElectromed, Inc.Product Competitor213.7M25.8130.0116.97%13.06%19.79%5.19%0.00
ABT logoABTAbbott LaboratoriesSupply Chain151.59B87.1811.414.59%31.88%27.26%4.19%0.32
MDT logoMDTMedtronic plcSupply Chain99.73B77.7921.553.62%13%9.45%5.2%0.59
BSX logoBSXBoston Scientific CorporationSupply Chain83.2B55.9828.8619.87%14.4%12.4%4.4%0.51

Compare BWAY vs Peers

BrainsWay Ltd. (BWAY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs STIM

Most directly comparable listed peer for BWAY.

Scale Benchmark

vs ABT

Larger-name benchmark to compare BWAY against a more recognizable public peer.

Peer Set

Compare Top 5

vs STIM, NVCR, LIVN, GKOS

BWAY Income Statement

BrainsWay Ltd. (BWAY) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue11.14M16.4M23.1M22.06M29.66M27.18M31.79M41.02M52.64M
Revenue Growth %-3.29%47.12%40.89%-4.52%34.46%-8.36%16.96%29.04%28.34%
Cost of Goods Sold2.6M3.59M5.13M5.06M6.6M7.13M8.31M10.44M12.94M
COGS % of Revenue23.28%21.89%22.2%22.93%22.25%26.23%26.14%25.44%24.58%
Gross Profit
8.55M▲ 0%
12.81M▲ 49.8%
17.97M▲ 40.3%
17M▼ 5.4%
23.06M▲ 35.6%
20.05M▼ 13.1%
23.48M▲ 17.1%
30.58M▲ 30.3%
39.7M▲ 29.8%
Gross Margin %76.72%78.11%77.8%77.07%77.75%73.77%73.86%74.56%75.42%
Gross Profit Growth %-6.01%49.8%40.32%-5.41%35.64%-13.05%17.1%30.26%29.81%
Operating Expenses15.16M17.92M26.45M21.83M28.06M32.73M28.44M29.19M35.34M
OpEx % of Revenue136.03%109.3%114.49%98.96%94.6%120.44%89.46%71.17%67.14%
Selling, General & Admin9.29M11.34M17.66M16M21.66M25.05M21.64M22M25.66M
SG&A % of Revenue83.4%69.15%76.43%72.56%73.05%92.18%68.08%53.64%48.75%
Research & Development5.34M6.16M7.88M5.82M6.39M7.68M6.67M7.19M9.68M
R&D % of Revenue47.94%37.54%34.09%26.4%21.56%28.25%20.97%17.53%18.39%
Other Operating Expenses523K427K916K000133K00
Operating Income
-6.61M▲ 0%
-5.11M▲ 22.6%
-8.48M▼ 65.7%
-4.83M▲ 43.0%
-5M▼ 3.5%
-12.68M▼ 153.7%
-4.96M▲ 60.9%
1.39M▲ 128.1%
4.36M▲ 213.2%
Operating Margin %-59.32%-31.19%-36.69%-21.89%-16.86%-46.67%-15.6%3.39%8.28%
Operating Income Growth %-219.53%22.64%-65.74%43.03%-3.52%-153.71%60.9%128.05%213.25%
EBITDA-5.54M-3.89M-5.68M-3.21M-3.31M-11.15M-3.62M3.16M5.91M
EBITDA Margin %-49.7%-23.7%-24.59%-14.56%-11.17%-41.02%-11.4%7.71%11.22%
EBITDA Growth %-290.07%29.84%-46.19%43.48%-3.18%-236.52%67.51%187.3%86.83%
D&A (Non-Cash Add-back)1.07M1.23M2.79M1.62M1.69M1.53M1.34M1.77M1.55M
EBIT-6.8M-5.92M-9.51M-5.08M-6.36M-12.99M-3.9M3.59M4.36M
Net Interest Income-112K-351K-331K-45K84K1.04M1.87M1.12M3.41M
Interest Income22K44K175K61K225K1.11M2.17M2.48M5.64M
Interest Expense134K395K506K106K141K68K298K1.36M2.23M
Other Income/Expense-274K-1.16M-1.43M-319K-1.42M-351K1.01M2.07M3.41M
Pretax Income
-6.88M▲ 0%
-6.27M▲ 8.9%
-9.91M▼ 58.0%
-5.15M▲ 48.0%
-6.42M▼ 24.7%
-13.03M▼ 103.1%
-3.95M▲ 69.7%
3.46M▲ 187.7%
7.77M▲ 124.7%
Pretax Margin %-61.78%-38.24%-42.88%-23.34%-21.64%-47.96%-12.41%8.43%14.76%
Income Tax169K209K422K237K43K315K251K538K77.61K
Effective Tax Rate %-2.45%-3.33%-4.26%-4.6%-0.67%-2.42%-6.36%15.55%1%
Net Income
-7.05M▲ 0%
-6.48M▲ 8.2%
-10.33M▼ 59.4%
-5.38M▲ 47.9%
-6.46M▼ 20.0%
-13.35M▼ 106.6%
-4.2M▲ 68.6%
2.92M▲ 169.6%
7.69M▲ 163.4%
Net Margin %-63.29%-39.51%-44.71%-24.41%-21.79%-49.12%-13.2%7.12%14.62%
Net Income Growth %-194.28%8.15%-59.41%47.86%-20%-106.58%68.56%169.6%163.39%
Net Income (Continuing)-7.05M-6.48M-10.33M-5.38M-6.46M-13.35M-4.2M2.92M7.69M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
-0.48▲ 0%
-0.39▲ 18.7%
-0.50▼ 28.2%
-0.24▲ 52.0%
-0.21▲ 12.5%
-0.43▼ 104.8%
-0.13▲ 69.8%
0.09▲ 169.2%
0.36▲ 300.0%
EPS Growth %-182.35%18.75%-28.21%52%12.5%-104.76%69.77%169.23%300%
EPS (Basic)-0.48-0.39-0.50-0.24-0.21-0.43-0.130.090.40
Diluted Shares Outstanding14.77M16.64M20.51M22.45M31.15M32.98M33.16M34.77M21.21M
Basic Shares Outstanding14.77M16.64M20.51M22.45M31.15M32.98M33.16M33.97M19.08M
Dividend Payout Ratio---------

BWAY Balance Sheet

BrainsWay Ltd. (BWAY) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets17.89M13.48M28.83M24.3M65.45M58.09M55.47M79.67M84.89M
Cash & Short-Term Investments14.51M8.97M21.89M17.18M57.35M47.58M45.98M69.34M67.95M
Cash Only14.51M8.97M21.67M16.96M16.92M47.58M10.52M69.34M67.95M
Short-Term Investments00221K221K40.43M035.47M00
Accounts Receivable2.93M3.97M5.96M5.79M6.33M4.84M3.78M4.6M4.11M
Days Sales Outstanding95.8388.4694.1195.8177.9365.0643.4140.928.51
Inventory271K91K306K442K200K3.84M3.72M4.43M7.13M
Days Inventory Outstanding38.129.2521.7831.911.06196.45163.3154.81201.21
Other Current Assets507K1.07M0212K388K1.83M691K1.3M5.69M
Total Non-Current Assets9.14M10.12M9.91M9.71M10.29M6.39M7.51M14.65M28.03M
Property, Plant & Equipment7.09M7.63M15.23M9.55M9.33M5.35M5.79M11.95M12.17M
Fixed Asset Turnover1.57x2.15x1.52x2.31x3.18x5.08x5.49x3.43x4.33x
Goodwill000000000
Intangible Assets18K00000000
Long-Term Investments0000000014.34M
Other Non-Current Assets2.03M2.5M-5.32M163K954K766K1.72M1.64M1.52M
Total Assets
27.03M▲ 0%
23.6M▼ 12.7%
38.74M▲ 64.1%
34.01M▼ 12.2%
75.73M▲ 122.7%
64.48M▼ 14.9%
62.97M▼ 2.3%
94.32M▲ 49.8%
112.92M▲ 19.7%
Asset Turnover0.41x0.69x0.60x0.65x0.39x0.42x0.50x0.43x0.47x
Asset Growth %35.39%-12.68%64.12%-12.2%122.67%-14.86%-2.33%49.77%19.72%
Total Current Liabilities6.13M8.34M6.72M6.8M9.07M8.14M9.76M15.35M22.16M
Accounts Payable1.63M2.24M1.32M781K1.1M1.12M758K2.87M2.43M
Days Payables Outstanding229.41228.1193.9456.3660.9557.1433.3100.3268.48
Short-Term Debt0750K0000001.07M
Deferred Revenue (Current)2.45M1.33M1.3M1.54M2.19M1.48M05.73M10.55M
Other Current Liabilities2.88M2.12M1.93M1.68M2.12M2.92M4.07M2.72M8.11M
Current Ratio2.92x1.62x4.29x3.57x7.22x7.14x5.68x5.19x3.83x
Quick Ratio2.87x1.61x4.25x3.51x7.20x6.66x5.30x4.90x3.51x
Cash Conversion Cycle-95.46-130.421.9571.3528.04204.37173.4195.4161.24
Total Non-Current Liabilities8.18M8.31M7.8M7.58M9.34M10.94M11.63M16.66M12.5M
Long-Term Debt2.73M2.08M0000000
Capital Lease Obligations000243K254K254K239K4.8M5.74M
Deferred Tax Liabilities112K140K0000000
Other Non-Current Liabilities5.34M6.09M5.45M5.56M5.93M6.02M6.08M2.43M0
Total Liabilities14.31M16.65M14.52M14.38M18.41M19.08M21.39M32M34.67M
Total Debt2.73M2.83M414K672K754K488K471K5.62M6.82M
Net Debt-11.78M-6.13M-21.26M-16.29M-16.17M-47.09M-10.05M-63.72M-61.13M
Debt / Equity0.21x0.41x0.02x0.03x0.01x0.01x0.01x0.09x0.09x
Debt / EBITDA-------1.78x1.15x
Net Debt / EBITDA--------20.15x-10.35x
Interest Coverage-49.34x-12.95x-16.75x-45.56x-35.45x-186.51x-16.64x1.03x1.96x
Total Equity
12.72M▲ 0%
6.95M▼ 45.4%
24.22M▲ 248.4%
19.63M▼ 18.9%
57.33M▲ 192.0%
45.4M▼ 20.8%
41.58M▼ 8.4%
62.31M▲ 49.9%
73.22M▲ 17.5%
Equity Growth %23.66%-45.35%248.39%-18.93%191.97%-20.81%-8.41%49.86%17.5%
Book Value per Share0.860.421.180.871.841.381.251.793.45
Total Shareholders' Equity12.72M6.95M24.22M19.63M57.33M45.4M41.58M62.31M73.22M
Common Stock171K171K233K233K363K364K367K413K429.99K
Retained Earnings-55.1M-61.58M-71.91M-77.29M-83.76M-97.11M-101.3M-98.38M-90.75M
Treasury Stock000000000
Accumulated OCI-1.27M-2.19M-2.19M1.56M-2.19M-2.19M-2.19M-2.19M1.32M
Minority Interest000000000

BWAY Cash Flow Statement

BrainsWay Ltd. (BWAY) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations-3.47M-3.77M-7.24M-1.44M884K-9.76M1.28M10.3M18.16M
Operating CF Margin %-31.11%-23.01%-31.36%-6.51%2.98%-35.91%4.04%25.11%34.5%
Operating CF Growth %-44.34%-8.83%-92%80.18%161.56%-1204.07%113.16%702.02%76.37%
Net Income-7.05M-6.48M-10.33M-5.38M-6.46M-13.35M-4.2M2.92M7.69M
Depreciation & Amortization1.07M1.23M1.6M1.62M1.69M1.53M1.34M1.77M1.55M
Stock-Based Compensation1.03M710K1.26M799K1.89M1.47M381K1.42M0
Deferred Taxes169K209K422K237K43K315K251K00
Other Non-Cash Items230K763K1.95M1.12M2.66M1.72M1.88M1.8M1.27M
Working Capital Changes1.09M-204K-2.15M179K1.07M-1.45M1.64M2.39M7.65M
Change in Receivables-21K-419K-2.5M-104K-849K1.46M1.09M-867K611.82K
Change in Inventory276K-330K00-411K-3.6M-506K-920K-2M
Change in Payables310K859K175K-552K289K0-327K2.12M-480.78K
Cash from Investing-2.45M-1.14M-2.45M-2.46M-42.22M42.17M-37.41M30.31M-17.63M
Capital Expenditures-985K-1.97M-3.31M-2.47M-2.24M1.94M-2.39M-4.76M-1.76M
CapEx % of Revenue8.84%12.03%14.33%11.2%7.55%7.12%7.51%11.62%3.35%
Acquisitions000039.98M0000
Investments---------
Other Investing-2M1.01M00-39.98M0-35.02M35.08M0
Cash from Financing11.11M-265K22.47M-1.03M41.52M-1.55M-1.03M18.26M-2.23M
Debt Issued (Net)2.7M0-3.43M-417K-475K-533K-271K-424K0
Equity Issued (Net)1000K01000K01000K-52K01000K0
Dividends Paid000000000
Share Repurchases00000-52K000
Other Financing-39K-265K-425K-613K-269K-962K-755K2.33M-2.23M
Net Change in Cash
5.33M▲ 0%
-5.54M▼ 203.9%
12.71M▲ 329.3%
-4.71M▼ 137.1%
-40K▲ 99.2%
30.66M▲ 76750.0%
-37.06M▼ 220.9%
58.83M▲ 258.7%
-1.67M▼ 102.8%
Free Cash Flow
-4.45M▲ 0%
-5.75M▼ 29.0%
-10.55M▼ 83.7%
-3.91M▲ 63.0%
-1.35M▲ 65.3%
-9.76M▼ 620.8%
-1.1M▲ 88.7%
6.5M▲ 689.7%
16.4M▲ 152.2%
FCF Margin %-39.95%-35.04%-45.69%-17.71%-4.57%-35.91%-3.47%15.86%31.16%
FCF Growth %-58.43%-29.04%-83.73%62.99%65.34%-620.83%88.7%689.66%152.18%
FCF per Share-0.30-0.35-0.51-0.17-0.04-0.30-0.030.190.77
FCF Conversion (FCF/Net Income)0.49x0.58x0.70x0.27x-0.14x0.73x-0.31x3.53x2.36x
Interest Paid0000000125K0
Taxes Paid000000000

BWAY Key Ratios

BrainsWay Ltd. (BWAY) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-20.68%-61.32%-65.87%-66.26%-24.56%-16.79%-25.99%-9.65%5.62%11.35%
Return on Invested Capital (ROIC)-86.45%-346.49%-436.85%-336.62%-114.88%-16.85%-48.21%-24.93%6.93%61.2%
Gross Margin78.94%76.72%78.11%77.8%77.07%77.75%73.77%73.86%74.56%75.42%
Net Margin-20.8%-63.29%-39.51%-44.71%-24.41%-21.79%-49.12%-13.2%7.12%14.62%
Debt / Equity0.08x0.21x0.41x0.02x0.03x0.01x0.01x0.01x0.09x0.09x
Interest Coverage-33.92x-49.34x-12.95x-16.75x-45.56x-35.45x-186.51x-16.64x1.03x1.96x
FCF Conversion1.00x0.49x0.58x0.70x0.27x-0.14x0.73x-0.31x3.53x2.36x
Revenue Growth69.47%-3.29%47.12%40.89%-4.52%34.46%-8.36%16.96%29.04%28.34%

BWAY Frequently Asked Questions

BrainsWay Ltd. (BWAY) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

BrainsWay Ltd. (BWAY) reported $52.3M in revenue for fiscal year 2025. This represents a 14263% increase from $0.4M in 2012.

BrainsWay Ltd. (BWAY) grew revenue by 28.3% over the past year. This is strong growth.

Yes, BrainsWay Ltd. (BWAY) is profitable, generating $7.7M in net income for fiscal year 2025 (14.6% net margin).

Dividend & Returns

BrainsWay Ltd. (BWAY) has a return on equity (ROE) of 11.4%. This is reasonable for most industries.

BrainsWay Ltd. (BWAY) generated $16.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More BWAY

BrainsWay Ltd. (BWAY) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screener
  • Themes
  • Market Valuation
  • Valuation
  • Compare
  • Total Return
  • DCA Calculator
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Follow @VCPScanner on X

Get weekly stock ideas — free

© 2026 VCP Scanner. All rights reserved.
About·Privacy Policy·Terms of Service
Not financial advice. Do your own research.