NNOXNasdaqX-Ray Apparatus & Tubes & Related Irradiation ApparatusFiscal year ends December 31
Nano-X Imaging Ltd.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 20-F on Apr 30, 2026
$0.41−0.04 (-9.47%)
Close on Oct 19, 2026
- Market cap
- $28.67K
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2017 to 2025
Gross margin
-98.2%
Operating margin
-600.8%
Net margin
-576.1%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +15.4% | +14.9% | – | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -39.5% | -45.6% | |
| Return on assets | – | -35.3% | -40.3% | |
| Current ratio | – | 49.06 | 3.96 | |
| Inventory turnover | – | – | 11.3× | |
| Capex to revenue | – | – | 32.3% | |
| Diluted shares | – | 36M | 0M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Nano-X Imaging generated $203.61M from operations and spent $40.61M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$203.61M
Used
$40.61M
Capital expenditure$40.61M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-576.1%
×Asset turnover0.07×
×Equity multiplier1.13×
=Return on equity, FY2025-45.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -576.1% | 0.07× | 1.13× | -45.6% |
| FY2024 | -474.3% | 0.05× | 1.11× | -27.8% |
| FY2023 | -613.6% | 0.04× | 1.15× | -29.5% |
| FY2022 | -1320.2% | 0.03× | 1.21× | -44.5% |
| FY2021 | -4739.1% | 0.00× | 1.15× | -23.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$75.02M
- Cash generatingOperating cash flow above zero-$40.79M
- Return on assets improvedROA up on the prior year-24.5% → -35.7%
- Earnings backed by cashOperating cash flow above net income-$40.79M vs -$75.02M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose5.63 → 3.96
- No dilutionShare count did not rise0M → 0M
- Gross margin improvedGross margin up on the prior year-94.03% → -98.21%
- More efficientAsset turnover rose0.05 → 0.06