Nano-X Imaging Ltd. (NNOX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Nano-X Imaging Ltd. (NNOX) stock price & volume — 10-year historical chart
Nano-X Imaging Ltd. (NNOX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Nano-X Imaging Ltd. (NNOX) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 20, 2026 | $0.50vs $0.23-117.4% | $4Mvs $4M-12.5% |
| Q4 2025 | Nov 20, 2025 | $0.65vs $0.15-333.3% | $3Mvs $4M-13.7% |
| Q3 2025 | Aug 12, 2025 | $0.23vs $0.17-31.4% | $3Mvs $4M-13.3% |
| Q2 2025 | May 22, 2025 | $0.21vs $0.19-10.5% | $3Mvs $3M-17.2% |
Nano-X Imaging Ltd. (NNOX) competitors in Imaging, radiation, and oncology devices — business model, growth, and fundamentals comparison
Nano-X Imaging Ltd. (NNOX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Nano-X Imaging Ltd. (NNOX) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 1.3M | 8.58M | 9.9M | 11.28M | 12.3M |
| Revenue Growth % | - | - | - | - | 557.82% | 15.47% | 13.91% | 15.19% |
| Cost of Goods Sold | 35K | 53K | 208K | 2.82M | 15.46M | 16.5M | 21.89M | 24.46M |
| COGS % of Revenue | - | - | - | 215.95% | 180.21% | 166.55% | 194.03% | - |
| Gross Profit | -35K▲ 0% | -53K▼ 51.4% | -208K▼ 292.5% | -1.51M▼ 626.9% | -6.88M▼ 355.0% | -6.59M▲ 4.2% | -10.61M▼ 60.9% | -12.16M▲ 0% |
| Gross Margin % | - | - | - | -115.95% | -80.21% | -66.55% | -94.03% | -98.83% |
| Gross Profit Growth % | - | -51.43% | -292.45% | -626.92% | -355.03% | 4.19% | -60.94% | - |
| Operating Expenses | 1.9M | 22.57M | 43.92M | 60.05M | 72.33M | 56M | 46.14M | 45.63M |
| OpEx % of Revenue | - | - | - | 4604.75% | 843.18% | 565.34% | 408.91% | - |
| Selling, General & Admin | 1.23M | 19.85M | 34.71M | 41.74M | 45.63M | 28.39M | 25.75M | 25.67M |
| SG&A % of Revenue | - | - | - | 3201.07% | 531.94% | 286.66% | 228.21% | - |
| Research & Development | 672K | 2.72M | 9.21M | 17.12M | 26.51M | 26.05M | 20.18M | 19.8M |
| R&D % of Revenue | - | - | - | 1313.04% | 309.01% | 262.99% | 178.87% | - |
| Other Operating Expenses | 0 | 0 | 0 | 1.18M | 191K | 1.55M | 206K | 162K |
| Operating Income | -1.9M▲ 0% | -22.57M▼ 1085.5% | -43.92M▼ 94.6% | -61.56M▼ 40.1% | -109.71M▼ 78.2% | -62.59M▲ 43.0% | -56.75M▲ 9.3% | -57.79M▲ 0% |
| Operating Margin % | - | - | - | -4720.71% | -1278.97% | -631.89% | -502.93% | -469.74% |
| Operating Income Growth % | - | -1085.45% | -94.6% | -40.15% | -78.22% | 42.95% | 9.34% | - |
| EBITDA | -1.87M | -22.52M | -43.72M | -59.27M | -98.2M | -50.78M | -45.01M | -46M |
| EBITDA Margin % | - | - | - | -4544.94% | -1144.77% | -512.66% | -398.95% | -373.95% |
| EBITDA Growth % | - | -1104.82% | -94.13% | -35.57% | -65.69% | 48.29% | 11.36% | -6.52% |
| D&A (Non-Cash Add-back) | 35K | 53K | 208K | 2.29M | 11.51M | 11.81M | 11.73M | 11.79M |
| EBIT | -1.9M | -22.57M | -43.81M | -61.56M | -87.21M | -59.66M | -56.75M | -56.51M |
| Net Interest Income | 0 | 8K | 108K | -288K | 789K | 1.65M | 2.87M | 1.89M |
| Interest Income | 0 | 8K | 108K | 0 | 789K | 1.65M | 2.87M | 2.04M |
| Interest Expense | 5K | 0 | 0 | 288K | 0 | 0 | 0 | 149K |
| Other Income/Expense | -5K | 8K | 108K | -288K | -14.67M | 1.47M | 2.87M | 1.89M |
| Pretax Income | -1.91M▲ 0% | -22.56M▼ 1081.9% | -43.81M▼ 94.2% | -61.85M▼ 41.2% | -108.92M▼ 76.1% | -61.12M▲ 43.9% | -53.87M▲ 11.8% | -55.9M▲ 0% |
| Pretax Margin % | - | - | - | -4742.79% | -1269.77% | -617.01% | -477.48% | -454.38% |
| Income Tax | 5K | 0 | 0 | -48K | -3.68M | -339K | -358K | -192K |
| Effective Tax Rate % | -0.26% | 0% | 0% | 0.08% | 3.38% | 0.55% | 0.66% | 0.34% |
| Net Income | -1.91M▲ 0% | -22.55M▼ 1081.5% | -43.5M▼ 92.9% | -61.8M▼ 42.1% | -105.24M▼ 70.3% | -60.78M▲ 42.3% | -53.52M▲ 11.9% | -55.71M▲ 0% |
| Net Margin % | - | - | - | -4739.11% | -1226.89% | -613.59% | -474.31% | -452.82% |
| Net Income Growth % | - | -1081.51% | -92.86% | -42.07% | -70.3% | 42.25% | 11.95% | -12.08% |
| Net Income (Continuing) | -1.91M | -22.56M | -43.81M | -61.8M | -113.24M | -60.78M | -53.52M | -55.71M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.06▲ 0% | -0.49▼ 776.6% | -1.22▼ 149.0% | -1.28▼ 4.9% | -2.01▼ 57.0% | -1.08▲ 46.3% | -0.91▲ 15.7% | -0.87▲ 0% |
| EPS Growth % | - | -776.57% | -148.98% | -4.92% | -57.03% | 46.27% | 15.74% | -3.53% |
| EPS (Basic) | -0.06 | -0.49 | -1.22 | -1.28 | -2.01 | -1.08 | -0.91 | - |
| Diluted Shares Outstanding | 34.17M | 45.72M | 35.65M | 48.22M | 52.23M | 56.37M | 58.62M | 64.32M |
| Basic Shares Outstanding | 34.17M | 45.72M | 35.65M | 48.22M | 52.23M | 56.37M | 58.62M | 64.32M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Nano-X Imaging Ltd. (NNOX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.7M | 9.64M | 219.79M | 94.86M | 82.46M | 88.64M | 78.68M | 51.31M |
| Cash & Short-Term Investments | 5K | 8.07M | 213.47M | 88.71M | 77.62M | 82.38M | 73.21M | 45.19M |
| Cash Only | 5K | 8.07M | 213.47M | 66.64M | 38.46M | 56.38M | 39.3M | 45.19M |
| Short-Term Investments | 0 | 0 | 0 | 22.07M | 39.16M | 26.01M | 33.9M | 0 |
| Accounts Receivable | 0 | 0 | 0 | 1.05M | 977K | 1.48M | 1.8M | 1.94M |
| Days Sales Outstanding | - | - | - | 294.18 | 41.57 | 54.69 | 58.39 | 54.47 |
| Inventory | 0 | 0 | 0 | 3.13M | 2.41M | 2.36M | 1.49M | 2.67M |
| Days Inventory Outstanding | - | - | - | 405.57 | 57 | 52.13 | 24.89 | 30.44 |
| Other Current Assets | 0 | 0 | 6.33M | 1.97M | 1.45M | 1.14M | 1.35M | 739K |
| Total Non-Current Assets | 156K | 2.23M | 16.36M | 268.31M | 171.47M | 130.01M | 131.32M | 124.77M |
| Property, Plant & Equipment | 156K | 754K | 15.38M | 39.16M | 44.7M | 46.92M | 49.2M | 50.39M |
| Fixed Asset Turnover | - | - | - | 0.03x | 0.19x | 0.21x | 0.23x | 0.25x |
| Goodwill | 0 | 0 | 0 | 58.3M | 7.42M | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 101.83M | 91.22M | 80.61M | 70M | 62.04M |
| Long-Term Investments | 0 | 145K | 316K | 67.84M | 25.2M | 327K | 337K | 373K |
| Other Non-Current Assets | 0 | 1.34M | 661K | 1.18M | 2.93M | 2.16M | 11.79M | 48.59M |
| Total Assets | 1.85M▲ 0% | 11.87M▲ 539.9% | 236.15M▲ 1889.3% | 363.17M▲ 53.8% | 253.93M▼ 30.1% | 218.65M▼ 13.9% | 210M▼ 4.0% | 176.09M▲ 0% |
| Asset Turnover | - | - | - | 0.00x | 0.03x | 0.05x | 0.05x | 0.06x |
| Asset Growth % | - | 539.95% | 1889.29% | 53.79% | -30.08% | -13.9% | -3.95% | -18.53% |
| Total Current Liabilities | 8.24M | 20.26M | 4.48M | 52.75M | 17.07M | 15.52M | 13.97M | 12.39M |
| Accounts Payable | 82K | 475K | 435K | 3.13M | 3.62M | 3.3M | 2.21M | 1.41M |
| Days Payables Outstanding | 855.14 | 3.27K | 763.34 | 406.22 | 85.45 | 73.08 | 36.83 | 29.28 |
| Short-Term Debt | 0 | 0 | 519K | 145K | 740K | 3.49M | 3.06M | 4.14M |
| Deferred Revenue (Current) | 0 | 1.83M | 0 | 247K | 182K | 543K | 140K | 749K |
| Other Current Liabilities | 0 | 0 | 1.08M | 44.73M | 7.55M | 3.41M | 3.85M | 6.56M |
| Current Ratio | 0.21x | 0.48x | 49.06x | 1.80x | 4.83x | 5.71x | 5.63x | 5.63x |
| Quick Ratio | 0.21x | 0.48x | 49.06x | 1.74x | 4.69x | 5.56x | 5.52x | 5.52x |
| Cash Conversion Cycle | - | - | - | 293.54 | 13.12 | 33.73 | 46.45 | 55.64 |
| Total Non-Current Liabilities | 82K | 386K | 923K | 18.27M | 12.18M | 7.61M | 6.91M | 6.99M |
| Long-Term Debt | 0 | 0 | 0 | 3.8M | 3.48M | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 386K | 923K | 950K | 398K | 4.04M | 3.64M | 14.62M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 7.06M | 3.33M | 2.95M | 2.58M | 9.74M |
| Other Non-Current Liabilities | 0 | 0 | 0 | 6.05M | 4.57M | 612K | 695K | 3.25M |
| Total Liabilities | 8.24M | 20.65M | 5.4M | 71.02M | 29.25M | 23.13M | 20.88M | 19.38M |
| Total Debt | 0 | 526K | 1.44M | 5.77M | 4.62M | 8.4M | 7.45M | 7.88M |
| Net Debt | -5K | -7.55M | -212.03M | -60.87M | -33.84M | -47.98M | -31.86M | -37.31M |
| Debt / Equity | - | - | 0.01x | 0.02x | 0.02x | 0.04x | 0.04x | 0.04x |
| Debt / EBITDA | - | - | - | - | - | - | - | -0.17x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 0.81x |
| Interest Coverage | -380.80x | - | - | -213.74x | - | - | - | -379.29x |
| Total Equity | -6.38M▲ 0% | -8.78M▼ 37.5% | 230.75M▲ 2728.7% | 292.15M▲ 26.6% | 224.68M▼ 23.1% | 195.51M▼ 13.0% | 189.12M▼ 3.3% | 156.71M▲ 0% |
| Equity Growth % | - | -37.5% | 2728.69% | 26.61% | -23.09% | -12.98% | -3.27% | -18.48% |
| Book Value per Share | -0.19 | -0.19 | 6.47 | 6.06 | 4.30 | 3.47 | 3.23 | 2.44 |
| Total Shareholders' Equity | -6.38M | -8.78M | 230.75M | 292.15M | 224.68M | 195.51M | 189.12M | 156.71M |
| Common Stock | 58K | 75K | 131K | 149K | 158K | 165K | 181K | 185K |
| Retained Earnings | -18.04M | -40.6M | -84.42M | -146.21M | -251.46M | -320.23M | -373.75M | -415.39M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -83K | 0 | 0 | -607K | -1.97M | -305K | -1K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Nano-X Imaging Ltd. (NNOX) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -3.67M | -5.52M | -21.49M | -38.07M | -43.38M | -44.78M | -36.6M | -36.6M |
| Operating CF Margin % | - | - | - | -2919.56% | -505.77% | -452.06% | -324.36% | - |
| Operating CF Growth % | - | -50.48% | -288.98% | -77.18% | -13.96% | -3.21% | 18.27% | -55.07% |
| Net Income | -1.91M | -22.56M | -43.81M | -61.8M | -105.24M | -60.78M | -53.52M | -55.71M |
| Depreciation & Amortization | 35K | 53K | 208K | 2.29M | 11.51M | 11.81M | 11.73M | 11.79M |
| Stock-Based Compensation | 115K | 16.25M | 24.78M | 18.81M | 18.62M | 6.84M | 7.26M | 3.69M |
| Deferred Taxes | 0 | -16.35M | -25.3M | -116K | -3.73M | -377K | -377K | -390.07K |
| Other Non-Cash Items | 185K | 16.35M | 25.3M | -2K | 52.4M | 5.21M | -572K | -355.56K |
| Working Capital Changes | -1.91M | 741K | -2.66M | 2.75M | -16.95M | -7.48M | -1.13M | -1.23M |
| Change in Receivables | 0 | 0 | 0 | -40K | 74K | -507K | -321K | -450.66K |
| Change in Inventory | 0 | 0 | 0 | 864K | 0 | 0 | -277K | -160.75K |
| Change in Payables | -134K | 393K | -103K | 1.72M | 469K | -153K | -1.32M | -233.33K |
| Cash from Investing | -73K | -125K | -13.94M | -116.32M | 14.61M | 35.43M | -20.05M | 5.48M |
| Capital Expenditures | -73K | -125K | -13.94M | -23.16M | -7.17M | -3.3M | -2.77M | -4.51M |
| CapEx % of Revenue | - | - | - | 1775.92% | 83.6% | 33.35% | 24.52% | - |
| Acquisitions | 0 | 0 | 0 | -2.86M | 1.01M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | -90.3M | -1.01M | -373K | 46K | 52.43K |
| Cash from Financing | 3.68M | 13.86M | 240.99M | 7.38M | 804K | 27.25M | 39.5M | 43.96M |
| Debt Issued (Net) | 0 | 0 | 0 | 3.8M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 0 | 0 | 1000K | 1000K | 2.12M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -177K | 630K | 3.58M | 804K | 113K | 1.67M | 4K |
| Net Change in Cash | -60K▲ 0% | 8.21M▲ 13786.7% | 205.57M▲ 2403.3% | -147.01M▼ 171.5% | -28.24M▲ 80.8% | 17.85M▲ 163.2% | -17.07M▼ 195.7% | 6.99M▲ 0% |
| Free Cash Flow | -3.74M▲ 0% | -5.65M▼ 50.9% | -35.42M▼ 527.1% | -61.23M▼ 72.8% | -50.56M▲ 17.4% | -48.08M▲ 4.9% | -39.37M▲ 18.1% | -46.7M▲ 0% |
| FCF Margin % | - | - | - | -4695.48% | -589.37% | -485.41% | -348.89% | -379.64% |
| FCF Growth % | - | -50.88% | -527.08% | -72.85% | 17.43% | 4.9% | 18.13% | -16.02% |
| FCF per Share | -0.11 | -0.12 | -0.99 | -1.27 | -0.97 | -0.85 | -0.67 | -0.67 |
| FCF Conversion (FCF/Net Income) | 1.92x | 0.24x | 0.49x | 0.62x | 0.41x | 0.74x | 0.68x | 0.84x |
| Interest Paid | 0 | 0 | 0 | 13K | 90K | 149K | 140K | 102K |
| Taxes Paid | 0 | 0 | 8K | 7K | 147K | 3K | 53K | 186K |
Nano-X Imaging Ltd. (NNOX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -39.19% | -23.64% | -40.73% | -28.93% | -27.83% | -35.55% |
| Return on Invested Capital (ROIC) | - | -2749.77% | -36.94% | -38.99% | -27.75% | -27.93% | -27.93% |
| Gross Margin | - | - | -115.95% | -80.21% | -66.55% | -94.03% | -98.83% |
| Net Margin | - | - | -4739.11% | -1226.89% | -613.59% | -474.31% | -452.82% |
| Debt / Equity | - | 0.01x | 0.02x | 0.02x | 0.04x | 0.04x | 0.04x |
| Interest Coverage | - | - | -213.74x | - | - | - | -379.29x |
| FCF Conversion | 0.24x | 0.49x | 0.62x | 0.41x | 0.74x | 0.68x | 0.84x |
| Revenue Growth | - | - | - | 557.82% | 15.47% | 13.91% | 15.19% |
Nano-X Imaging Ltd. (NNOX) stock FAQ — growth, dividends, profitability & financials explained
Nano-X Imaging Ltd. (NNOX) reported $12.3M in revenue for fiscal year 2024.
Nano-X Imaging Ltd. (NNOX) grew revenue by 13.9% over the past year. This is steady growth.
Nano-X Imaging Ltd. (NNOX) reported a net loss of $55.7M for fiscal year 2024.
Nano-X Imaging Ltd. (NNOX) has a return on equity (ROE) of -27.8%. Negative ROE indicates the company is unprofitable.
Nano-X Imaging Ltd. (NNOX) had negative free cash flow of $46.7M in fiscal year 2024, likely due to heavy capital investments.
Nano-X Imaging Ltd. (NNOX) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates