BrainsWay Ltd. (BWAY) quarterly income statement — complete revenue, gross profit & net income history
BrainsWay Ltd. (BWAY) annual income statement — 14-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 17.4M | 15.53M | 14.54M | 13.51M | 12.63M | 11.54M | 11.41M | 10.5M | 10.01M | 9.1M | 9.03M | 8.3M | 7.83M | 6.63M | 6.03M | 5.17M | 8.01M | 7.97M | 8.47M | 8.06M |
| Revenue Growth % | 37.75% | 34.63% | 27.43% | 28.66% | 26.26% | 26.84% | 26.41% | 26.5% | 27.79% | 37.28% | 49.66% | 60.64% | -2.21% | -16.88% | -28.77% | -35.89% | 14.29% | 30.21% | 19.87% | 34.04% |
| Cost of Goods Sold | 4.42M | 3.86M | 3.43M | 3.35M | 3.13M | 2.93M | 2.9M | 2.78M | 2.47M | 2.28M | 2.29M | 2.13M | 2.1M | 1.79M | 1.73M | 1.34M | 2.19M | 1.87M | 1.91M | 1.93M |
| COGS % of Revenue | 25.38% | 24.83% | 23.56% | 24.82% | 24.8% | 25.36% | 25.43% | 26.48% | 24.67% | 25.1% | 25.36% | 25.67% | 26.76% | 27.05% | 28.66% | 25.95% | 27.38% | 23.43% | 22.5% | 23.94% |
| Gross Profit | 12.99M | 11.68M | 11.12M | 10.16M | 9.5M | 8.61M | 8.51M | 7.72M | 7.54M | 6.81M | 6.74M | 6.17M | 5.73M | 4.83M | 4.3M | 3.83M | 5.81M | 6.1M | 6.56M | 6.13M |
| Gross Margin % | 74.62% | 75.17% | 76.44% | 75.19% | 75.2% | 74.64% | 74.57% | 73.52% | 75.33% | 74.9% | 74.64% | 74.33% | 73.24% | 72.95% | 71.34% | 74.05% | 72.62% | 76.57% | 77.5% | 76.06% |
| Gross Profit Growth % | 36.7% | 35.6% | 30.63% | 31.58% | 26.03% | 26.39% | 26.29% | 25.12% | 31.44% | 40.95% | 56.58% | 61.25% | -1.38% | -20.81% | -34.43% | -37.58% | 1.91% | 31.02% | 19.35% | 35.37% |
| Operating Expenses | 10.55M | 9.67M | 9.2M | 8.91M | 8.92M | 8.03M | 8.08M | 7.44M | 6.95M | 6.72M | -3.36M | 6.3M | 7.08M | 8.5M | 8.63M | 8.7M | 7.82M | 7.58M | 8.02M | 7.36M |
| OpEx % of Revenue | 60.65% | 62.26% | 63.27% | 65.91% | 70.62% | 69.64% | 70.79% | 70.84% | 69.48% | 73.88% | -37.25% | 75.93% | 90.39% | 128.3% | 143% | 168.29% | 97.7% | 95.17% | 94.64% | 91.35% |
| Selling, General & Admin | 7.28M | 6.79M | 6.67M | 6.51M | 6.58M | 5.7M | 6.04M | 5.63M | 5.24M | 5.09M | 4.99M | 4.76M | 5.17M | 6.71M | 6.48M | 6.48M | 6.09M | 6.01M | 5.98M | 5.58M |
| SG&A % of Revenue | 41.83% | 43.71% | 45.86% | 48.18% | 52.07% | 49.43% | 52.88% | 53.62% | 52.37% | 56% | 55.24% | 57.34% | 66.1% | 101.36% | 107.34% | 125.33% | 76.08% | 75.4% | 70.65% | 69.2% |
| Research & Development | 3.27M | 2.88M | 2.53M | 2.4M | 2.34M | 2.33M | 2.04M | 1.81M | 1.71M | 1.63M | 1.43M | 1.54M | 1.9M | 1.78M | 2.15M | 2.22M | 1.73M | 1.58M | 2.13M | 1.79M |
| R&D % of Revenue | 18.82% | 18.55% | 17.4% | 17.73% | 18.56% | 20.21% | 17.91% | 17.23% | 17.1% | 17.88% | 15.88% | 18.6% | 24.29% | 26.94% | 35.65% | 42.96% | 21.62% | 19.77% | 25.18% | 22.16% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -101K | 0 |
| Operating Income | 2.43M | 2M | 1.92M | 1.25M | 578K | 576K | 431K | 281K | 586K | 93K | 10.1M | -133K | -1.34M | -3.67M | -4.32M | -4.87M | -2.01M | -1.48M | -1.45M | -1.23M |
| Operating Margin % | 13.98% | 12.91% | 13.17% | 9.27% | 4.58% | 4.99% | 3.78% | 2.68% | 5.86% | 1.02% | 111.88% | -1.6% | -17.15% | -55.35% | -71.66% | -94.23% | -25.08% | -18.59% | -17.14% | -15.3% |
| Operating Income Growth % | 320.77% | 248.09% | 344.55% | 345.91% | -1.37% | 519.35% | -95.73% | 311.28% | 143.63% | 102.54% | 333.68% | 97.27% | 33.12% | -147.44% | -197.73% | -294.97% | -32.72% | -85.02% | -256.76% | -110.41% |
| EBITDA | 2.88M | 2.47M | 2.27M | 1.66M | 966K | 970K | 1.14M | 729K | 884K | 410K | 10.44M | 199K | -1M | -3.34M | -3.98M | -4.47M | -1.61M | -1.09M | -1.15M | -845K |
| EBITDA Margin % | 16.56% | 15.9% | 15.59% | 12.26% | 7.65% | 8.41% | 9.98% | 6.94% | 8.84% | 4.51% | 115.64% | 2.4% | -12.81% | -50.43% | -65.99% | -86.42% | -20.08% | -13.74% | -13.55% | -10.48% |
| EBITDA Growth % | 198.31% | 154.64% | 99.12% | 127.3% | 9.28% | 136.59% | -89.09% | 266.33% | 188.14% | 112.27% | 362.27% | 104.46% | 37.62% | -205.11% | -246.78% | -428.52% | -46.98% | -205.01% | -1025.81% | -440.73% |
| D&A (Non-Cash Add-back) | 449.59K | 465K | 352K | 404K | 388K | 394K | 708K | 448K | 298K | 317K | 339K | 332K | 340K | 326K | 342K | 404K | 400K | 387K | 304K | 388K |
| EBIT | 2.43M | 2.73M | 2.97M | 2.38M | 2.88M | 1.85M | 681K | 1.11M | 1.1M | 711K | 1.25M | -133K | -900K | -2.24M | -4.63M | -4.87M | -2.01M | -1.48M | -1.45M | -1.23M |
| Net Interest Income | 536.05K | 405K | 628.9K | 555K | 1.52M | 688K | 358K | 456K | 117K | 190K | -160K | -38K | -135K | 1.41M | 645K | -99K | -329K | -324K | -379K | -360K |
| Interest Income | 1.43M | 724K | 1.06M | 1.13M | 2.3M | 1.27M | 532K | 830K | 518K | 618K | 0 | 175K | 443K | 1.41M | 667K | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 894.09K | 319K | 433.69K | 571K | 784K | 586K | 174K | 374K | 401K | 428K | 160K | 213K | 578K | 0 | 22K | 99K | 329K | 324K | 379K | 360K |
| Other Income/Expense | 536.05K | 405K | 625K | 555K | 1.52M | 688K | 1.3M | 456K | 117K | 190K | -10.14M | -38K | -135K | 1.41M | 401K | -99K | -329K | -324K | -379K | -360K |
| Pretax Income | 2.97M | 2.41M | 2.54M | 1.81M | 2.1M | 1.26M | 1.74M | 737K | 703K | 283K | -37K | -171K | -1.48M | -2.26M | -3.92M | -4.97M | -2.34M | -1.81M | -1.83M | -1.59M |
| Pretax Margin % | 17.06% | 15.52% | 17.47% | 13.38% | 16.6% | 10.96% | 15.21% | 7.02% | 7.03% | 3.11% | -0.41% | -2.06% | -18.88% | -34.11% | -65.01% | -96.15% | -29.19% | -22.66% | -21.62% | -19.76% |
| Income Tax | 211.57K | 120K | -392K | 242K | 70K | 157K | 188K | 75K | 103K | 172K | -164K | 59K | 185K | 171K | -55K | 70K | 113K | 187K | -484K | 211K |
| Effective Tax Rate % | 7.13% | 4.98% | -15.43% | 13.38% | 3.34% | 12.42% | 10.83% | 10.18% | 14.65% | 60.78% | 443.24% | -34.5% | -12.52% | -7.57% | 1.4% | -1.41% | -4.84% | -10.35% | 26.43% | -13.25% |
| Net Income | 2.76M | 2.29M | 2.93M | 1.57M | 2.03M | 1.11M | 1.55M | 662K | 600K | 111K | 127K | -230K | -1.66M | -2.43M | -3.87M | -5.04M | -2.45M | -1.99M | -1.35M | -1.8M |
| Net Margin % | 15.84% | 14.74% | 20.16% | 11.59% | 16.05% | 9.6% | 13.56% | 6.3% | 6% | 1.22% | 1.41% | -2.77% | -21.24% | -36.69% | -64.1% | -97.5% | -30.6% | -25.01% | -15.9% | -22.38% |
| Net Income Growth % | 35.99% | 106.87% | 89.47% | 136.56% | 237.83% | 897.3% | 1118.9% | 387.83% | 136.08% | 104.57% | 103.28% | 95.44% | 32.12% | -21.98% | -187.08% | -179.32% | -26.42% | -45.16% | -231.77% | -86.75% |
| Net Income (Continuing) | 2.76M | 2.29M | 2.93M | 1.57M | 2.03M | 1.11M | 1.55M | 662K | 600K | 111K | 127K | -230K | -1.66M | -2.43M | -3.87M | -5.04M | -2.45M | -1.99M | -1.35M | -1.8M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.14 | 0.12 | 0.14 | 0.04 | 0.05 | 0.02 | 0.04 | 0.04 | 0.02 | 0.00 | 0.00 | -0.01 | -0.05 | -0.07 | -0.12 | -0.15 | -0.07 | -0.06 | -0.04 | -0.05 |
| EPS Growth % | 180% | 500% | 239.81% | 0% | 150% | - | - | - | 140% | 104.71% | 103.25% | 95.4% | 28.57% | -16.67% | -200% | -200% | -16.67% | 39.58% | -100% | -25% |
| EPS (Basic) | 0.14 | 0.12 | 0.16 | 0.04 | 0.05 | 0.03 | 0.04 | 0.04 | 0.02 | 0.00 | 0.00 | -0.01 | -0.05 | -0.07 | -0.12 | -0.15 | -0.07 | -0.06 | -0.04 | -0.05 |
| Diluted Shares Outstanding | 20.06M | 19.08M | 20.96M | 38.01M | 37.79M | 36.9M | 37.63M | 33.36M | 33.33M | 33.27M | 33.24M | 33.2M | 33.17M | 33.12M | 33.05M | 33.02M | 32.96M | 32.96M | 32.91M | 32.9M |
| Basic Shares Outstanding | 20.06M | 19.08M | 18.33M | 38.01M | 37.79M | 36.9M | 37.63M | 33.36M | 33.33M | 33.27M | 33.24M | 33.2M | 33.17M | 33.12M | 33.05M | 33.02M | 32.96M | 32.96M | 32.91M | 32.9M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |