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Monday, April 20, 2026

Nano-X Imaging reaffirms $35m 2026 revenue target and signs Howard Technology Solutions deal

 

Nano-X Imaging reaffirms $35m 2026 revenue target and signs Howard Technology Solutions deal to deploy 300 U.S. Nanox.ARC systems

  • Q4 revenue grew 23% YoY to $3.7m, still generating an overall gross loss.
  • Company reaffirmed ambitious $35m 2026 revenue target, with ramp weighted to 2H26.
  • Signed Howard Technology Solutions framework to deploy 300 Nanox.ARC systems in the U.S. over 3 years.
  • Additional commercial agreements cover roughly 360 systems globally over 2–3 years, but installs remain early.
  • New U.S. distribution agreements cover about 360 Nanox.ARC systems for the company's imaging technology.
  • Teleradiology grew to $3.1m revenue with 48% non-GAAP gross margin, the only consistently profitable segment.
  • Recorded $17.5m noncash impairment from shutting Korea chip line and moving to outsourced manufacturing.
  • Q4 2025 net loss totaled $33.4M as the company restructured Korean chip operations.

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