Lifeward Ltd Q2 revenue up 16% on higher ReWalk Personal exoskeleton sales
Lifeward Ltd Q2 revenue up 16% on higher ReWalk Personal exoskeleton sales
Overview
Biomedical innovator's Q2 revenue rose 16% yr/yr, driven by higher product sales
Adjusted net loss for Q2 widened yr/yr, mainly due to higher clinical trial expenses
Company launched pilot with Ottobock Care to expand U.S. access to ReWalk exoskeleton
Outlook
Lifeward expects revenue momentum to continue in the second half of 2026
Company says expanding distribution partnerships and commercial infrastructure will support future growth
Lifeward says strengthened healthcare platform and pipeline position it for long-term growth
Result Drivers
PRODUCT SALES MIX - Revenue growth was driven by a 13% increase in ReWalk Personal exoskeleton sales, mainly in Europe, and a 25% rise in AlterG product and service revenue in the U.S.
DISTRIBUTION STRATEGY - Co said continued execution of its capital-efficient distribution strategy and new pilot with Ottobock Care expanded patient access and supported commercial growth
GROSS MARGIN PRESSURE - Gross margin declined to 41% from 44% a year earlier, mainly due to higher tariffs, foreign exchange fluctuations, and a 4% revenue sharing expense from the Oramed transaction
Company press release: ID:nGNX2yxXkR
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $6.62 mln |
|
Q2 Adjusted Loss Per Share |
| $1.46 |
|
Q2 Adjusted Net Loss |
| $4.10 mln |
|
Q2 Net Loss |
| $11.52 mln |
|
Q2 Gross Margin |
| 41.00% |
|
Q2 Loss Per Basic Share |
| $4.12 |
|
Q2 Operating Expenses |
| $6.90 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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