Myomo Reports Second Quarter 2026 Financial and Operating Results

Revenue of $11.7 million, increased 21% year over year

Four success pillars driving higher revenue growth and operating leverage

Raising full year revenue guidance to $45-47 million

 

Conference call begins at 4:30pm Eastern time today

 

BURLINGTON, Mass. (August 5, 2026) – Myomo, Inc. (NYSE American: MYO)(“Myomo” or the “Company”), a wearable medical robotics platform company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, today reported financial results for the three and six months ended June 30, 2026.

“I am pleased to report that the evolution of our go-to-market approach is driving positive results. Revenue of $11.7 million exceeded our expectations, with 53% of second quarter revenues generated from referral network sources through our MyoConnect program and other sales channels.  In addition, we generated operating leverage as we grew revenue 21% while holding operating expenses roughly flat,” said Paul R. Gudonis, Chairman and Chief Executive Officer of Myomo. “We believe our growing clinical referral network and the increased market awareness of our wearable robotics platform will lead to greater adoption by rehab clinicians and the hundreds of thousands of potential MyoPro candidates they treat. We anticipate continued progress on these initiatives and as a result are raising the revenue guidance to approximately 10-15% growth over the prior year.” Read More.