# Myomo reports record brace sales as gross margin rises to 71.3%

_Published Tuesday, November 10, 2026 at 1:19 AM EST · Products, Robotics · Latest · Tier 2 — Notable_

![Myomo reports record brace sales as gross margin rises to 71.3% — Primary](https://s.yimg.com/lo/mysterio/api/60f1920046b994a139ee2f2fb00a8234610ff7148ff757ec0ed8f9313116f11c/lightyear_networkapi/resizefill_w1200%3Bquality_80%3Bformat_webp/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Fmarketbeat_955%2Ff36ba72e374cad863c35faf0dbb292f9.jpg_up.jpg)

Myomo reported record third-quarter revenue of $12.3 million, up 22% year over year, as sales of its powered arm braces increased, Yahoo Finance reported. The company recognized revenue on 222 MyoPro units, up 19%, and recorded 258 orders, up 13%.

Gross margin rose to 71.3% from 63.8%, primarily reflecting higher selling prices, lower material costs and fixed costs spread across more units. Adjusted EBITDA reached approximately break-even, but some improvement reflected employee incentive payments made in stock to conserve cash. Net loss widened to $4.2 million from $3.7 million.

## Sources

- [Yahoo Finance](https://finance.yahoo.com/healthcare/articles/myomo-myo-said-q3-earnings-051424564.html)

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Canonical: https://techandbusiness.org/newswire/imtxs9MCjTRxjL-v2EdIz0
Published: 2026-11-10T06:19:19.033Z
Story chronology: 2026-11-10T05:14:24.000Z
Retrieved: 2026-11-10T08:18:30.149Z
Publisher: Tech & Business (techandbusiness.org)