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BrainsWay Ltd. reports developments in noninvasive neurostimulation treatments for mental health disorders. The company markets its proprietary Deep TMS platform, with FDA-cleared indications that include major depressive disorder, obsessive-compulsive disorder, and smoking addiction, and derives revenue from leases and sales of Deep TMS systems.
Recurring updates include financial results, operating guidance, system placements, reimbursement and payer coverage for TMS therapy, clinical data for Deep TMS protocols such as SWIFT, and additional regulatory clearances. Company news also covers strategic minority-stake and milestone-based investments in mental health providers and related neurostimulation technologies, along with investor conference participation and operational updates across its U.S. and Israel-based business.
BrainsWay (NASDAQ & TASE: BWAY) reported record Q2 2026 revenue of $17.1 million, up 35% year-over-year, with operating income rising to $2.4 million and net income to $2.7 million. Adjusted EBITDA increased 141% to $3.5 million, reflecting a 20% margin.
The company shipped a record 125 Deep TMS systems in the quarter, a 42% increase, bringing the installed base to about 1,949. Remaining performance obligations grew 30% to $80.4 million. BrainsWay generated $6.3 million in operating cash flow and held about $62.4 million in cash and restricted cash at June 30, 2026.
For full-year 2026, BrainsWay raised revenue guidance to $68–$70 million and Adjusted EBITDA guidance to $13–$14 million, implying anticipated revenue growth of roughly 30%–34% and Adjusted EBITDA growth of about 90%–100% versus 2025.
BrainsWay (NASDAQ & TASE: BWAY) will report its second quarter 2026 financial results and operational highlights before U.S. market open on Wednesday, August 12, 2026. An English conference call and webcast will be held at 8:30 AM Eastern Time, with a separate Hebrew webcast on Thursday, August 13, 2026 at 11:00 AM Israeli Daylight Time. The English webcast replay will be available for 30 days on BrainsWay’s investor relations website.
BrainsWay (NASDAQ & TASE: BWAY) announced a $3 million strategic minority equity investment in Radial Health, a management services organization supporting a nationwide network of Brain Medicine clinics, as part of Radial's previously announced Series A financing round.
According to BrainsWay, Radial develops clinical infrastructure, reimbursement tools, and an AI-guided decision support platform to support noninvasive Brain Medicine treatments such as Deep TMS and other therapies. The company said this investment aligns with its strategy to take minority stakes in high-performing mental health provider networks to broaden awareness and access to advanced, evidence-based psychiatric care.
BrainsWay (NASDAQ & TASE: BWAY) announced a strategic minority-stake investment in Sound Minds Behavioral, an outpatient behavioral health platform with locations across Connecticut, Pennsylvania, New Jersey and New York. BrainsWay will invest $500,000 in Sound Minds through a preferred, annually compounding security.
According to BrainsWay, the deal supports its strategy of partnering with growth-oriented mental health providers to expand access to interventional psychiatry and innovative, evidence-based care. The transaction was executed with CM Counsel Management LLC, d/b/a Sound Minds Behavioral, with S. Friedman, Abramson & Co. Law Offices advising BrainsWay.
BrainsWay (NASDAQ:BWAY) reported positive real-world data from the largest analysis of Deep TMS in patients with comorbid PTSD and major depressive disorder.
The retrospective study of 462 patients showed 83.5% PTSD response, 66.6% depression response, 27.3% remission, and around 50% average symptom reductions. Deep TMS is not FDA-cleared for PTSD and findings are preliminary.
BrainsWay (NASDAQ & TASE: BWAY) reported expanded U.S. medical policy coverage for its SWIFT™ Accelerated Deep TMS™ protocol. A new policy in South Carolina adds 2 million members, and eight major payers plus the US Department of Veterans Affairs now support accelerated TMS approaches.
These payers represent over 57 million covered lives, including coverage expansions for Deep TMS in major depressive disorder (MDD) and obsessive-compulsive disorder (OCD). BrainsWay highlights supporting clinical evidence, its proprietary H-coil technology, and collaborations with providers and policymakers to further broaden access.
BrainsWay (BWAY) presented new 12-month durability data for its FDA-cleared SWIFT™ accelerated Deep TMS™ protocol for Major Depressive Disorder at the 2026 Clinical TMS Society meeting.
Key results include over 80% remission at one year and a drop in severe functional impairment from 85% to 0% among SWIFT-treated patients.
BrainsWay (NASDAQ & TASE:BWAY) entered a strategic equity financing agreement with APS Innovations, parent of Chicago-area mental health provider Hopemark Health. BrainsWay will invest $1.5 million initially, with up to an additional $1.5 million via milestone-based investments for a minority preferred, annually compounding stake.
The security includes a redemption mechanism. The deal aligns with BrainsWay’s strategy to partner with growth-focused clinical platforms to expand access to Deep TMS and other advanced interventional psychiatry treatments across North America.
BrainsWay (NASDAQ:BWAY) reported strong Q1 2026 results, with revenue up 35% year-over-year to $15.5 million and net income more than doubling to $2.3 million. Adjusted EBITDA rose 117% to $2.8 million, operating income reached $2.0 million, and gross margin held at 75%.
Remaining performance obligations increased 25% to $75 million, and a record 117 Deep TMS systems shipped, lifting the installed base to about 1,820. Cash totaled $58.9 million. BrainsWay reiterated 2026 guidance for $66–$68 million revenue, 13%–14% operating margin, and $12–$14 million Adjusted EBITDA.
BrainsWay (NASDAQ: BWAY) will report first-quarter 2026 financial results and operational highlights before U.S. markets open on Wednesday, May 13, 2026. A live conference call and webcast are scheduled for 8:30 AM ET, with replay available for 30 days on the company investor website.
Dial-in, conference ID and webcast registration details are provided; attendees are asked to join at least 10 minutes early to register.