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Ekso Bionics Holdings, Inc.. (EKSO) Stock Fundamental Analysis & AI Rating 2026

EKSO Nasdaq General Industrial Machinery & Equipment, NEC NV CIK: 0001549084
Updated This Month • Analysis: Mar 24, 2026 • SEC Data: 2025-12-31
Combined AI Rating
STRONG SELL
92% Confidence
STRONG AGREEMENT
STRONG SELL
92% Conf
STRONG SELL
91% Conf

📊 EKSO Key Takeaways

Revenue: $12.8M
Net Margin: -91.4%
Free Cash Flow: $-12.0M
Current Ratio: 1.63x
Debt/Equity: 0.22x
EPS: $-4.91
AI Rating: STRONG SELL with 92% confidence
Ekso Bionics Holdings, Inc.. (EKSO) receives a STRONG SELL rating with 92% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $12.8M, net profit margin of -91.4%, and return on equity (ROE) of -129.6%, Ekso Bionics Holdings, Inc.. demonstrates mixed fundamentals in the Industrial sector. Below is our complete EKSO stock analysis for 2026.

Is Ekso Bionics Holdings, Inc.. (EKSO) a Good Investment?

Claude

Ekso Bionics faces severe operational challenges with negative operating and net margins exceeding -100%, deteriorating revenue (-28.6% YoY), and massive cash burn (-$12M FCF) that threatens sustainability. Despite maintaining adequate liquidity ratios, the company's inability to generate positive operating cash flow, combined with persistent losses and negative ROE/ROA, indicates fundamental business model distress requiring immediate operational restructuring.

ChatGPT

Ekso Bionics' fundamentals are weak: revenue declined 28.6% year over year while operating losses remained larger than sales, producing deeply negative operating and net margins. Although gross margin is still respectable and leverage is not extreme, the combination of heavy cash burn, very limited cash on hand, and negative returns on assets and equity points to poor growth quality and meaningful financing risk unless the business materially improves commercialization and cost structure.

Why Buy Ekso Bionics Holdings, Inc.. Stock? EKSO Key Strengths

Claude
  • + Solid gross margin of 53.5% demonstrates pricing power and product viability at unit economics level
  • + Current ratio of 1.63x and quick ratio of 1.07x provide adequate short-term liquidity cushion
  • + Conservative leverage with debt-to-equity of 0.22x limits financial distress risk in near term
ChatGPT
  • + Gross margin of 53.5% suggests the core product economics can support profitability if scale improves
  • + Current ratio of 1.63x and quick ratio of 1.07x indicate near-term liquidity is not yet distressed
  • + Debt/equity of 0.22x keeps balance-sheet leverage relatively modest

EKSO Stock Risks: Ekso Bionics Holdings, Inc.. Investment Risks

Claude
  • ! Revenue contraction of 28.6% YoY indicates severe demand weakness or market share loss requiring immediate strategic intervention
  • ! Operating cash flow of -$11.8M with negative FCF margin of -93.7% at current burn rate exhausts $1.2M cash reserves in 1-2 months without financing
  • ! Deeply negative profitability metrics (operating margin -104.1%, net margin -91.4%, ROE -129.6%) signal unsustainable business operations and value destruction
  • ! Heavy net losses of -$11.7M on only $12.8M revenue indicates severe cost structure misalignment and operational inefficiency
ChatGPT
  • ! Revenue contraction of 28.6% signals weak demand traction or execution issues
  • ! Operating margin of -104.1% and free cash flow of -$11.99M show the business is consuming cash at an unsustainable rate
  • ! Cash balance of only $1.17M versus annual operating cash outflow of $11.80M raises a high risk of future capital needs

Key Metrics to Watch

Claude
  • * Quarterly revenue trend - stabilization or continued decline signals market viability
  • * Operating cash flow - path to positive OCF is critical for survival without continuous financing
  • * Cash burn rate and runway - days of cash available given current cash consumption patterns
  • * Gross margin sustainability - any decline below 50% would further deteriorate fundamental value
  • * Product adoption and pipeline - evidence of new customer wins to support revenue recovery
ChatGPT
  • * Quarterly revenue growth and order conversion to confirm demand recovery
  • * Operating cash burn relative to cash balance, including any improvement in operating margin

Ekso Bionics Holdings, Inc.. (EKSO) Financial Metrics & Key Ratios

Revenue
$12.8M
Net Income
$-11.7M
EPS (Diluted)
$-4.91
Free Cash Flow
$-12.0M
Total Assets
$20.1M
Cash Position
$1.2M

💡 AI Analyst Insight

Ekso Bionics Holdings, Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

EKSO Profit Margin, ROE & Profitability Analysis

Gross Margin 53.5%
Operating Margin -104.1%
Net Margin -91.4%
ROE -129.6%
ROA -58.2%
FCF Margin -93.7%

EKSO vs Industrial Sector: How Ekso Bionics Holdings, Inc.. Compares

How Ekso Bionics Holdings, Inc.. compares to Industrial sector averages

Net Margin
EKSO -91.4%
vs
Sector Avg 10.0%
EKSO Sector
ROE
EKSO -129.6%
vs
Sector Avg 15.0%
EKSO Sector
Current Ratio
EKSO 1.6x
vs
Sector Avg 1.8x
EKSO Sector
Debt/Equity
EKSO 0.2x
vs
Sector Avg 0.7x
EKSO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Ekso Bionics Holdings, Inc.. Stock Overvalued? EKSO Valuation Analysis 2026

Based on fundamental analysis, Ekso Bionics Holdings, Inc.. has mixed fundamental signals relative to the Industrial sector in 2026.

Return on Equity
-129.6%
Sector avg: 15%
Net Profit Margin
-91.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.22x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Ekso Bionics Holdings, Inc.. Balance Sheet: EKSO Debt, Cash & Liquidity

Current Ratio
1.63x
Quick Ratio
1.07x
Debt/Equity
0.22x
Debt/Assets
55.1%
Interest Coverage
-233.79x
Long-term Debt
$2.0M

EKSO Revenue & Earnings Growth: 5-Year Financial Trend

EKSO 5-year financial data: Year 2021: Revenue $11.2M, Net Income -$15.8M, EPS $-2.21. Year 2022: Revenue $12.9M, Net Income -$9.8M, EPS $-0.88. Year 2023: Revenue $18.3M, Net Income -$15.1M, EPS $-1.16. Year 2024: Revenue $18.3M, Net Income -$15.2M, EPS N/A. Year 2025: Revenue $17.9M, Net Income -$11.3M, EPS $-8.43.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Ekso Bionics Holdings, Inc..'s revenue has grown significantly by 59% over the 5-year period, indicating strong business expansion. The most recent EPS of $-8.43 indicates the company is currently unprofitable.

EKSO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-93.7%
Free cash flow / Revenue

EKSO Quarterly Earnings & Performance

Quarterly financial performance data for Ekso Bionics Holdings, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $4.1M -$1.4M $-0.54
Q2 2025 $2.1M -$2.4M $-1.24
Q1 2025 $3.4M -$2.9M $-0.12
Q3 2024 $4.1M -$2.1M $-0.10
Q2 2024 $4.7M -$2.4M $-0.13
Q1 2024 $3.8M -$3.4M $-0.20
Q3 2023 $3.3M -$3.0M $-0.24
Q2 2023 $3.5M -$3.0M $-0.23

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Ekso Bionics Holdings, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$11.8M
Cash generated from operations
Capital Expenditures
$188.0K
Investment in assets
Dividends
None
No dividend program

EKSO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Ekso Bionics Holdings, Inc.. (CIK: 0001549084)

📋 Recent SEC Filings

Date Form Document Action
Apr 10, 2026 10-K/A ekso20251231_10ka.htm View →
Mar 20, 2026 4 xslF345X06/rdgdoc.xml View →
Mar 20, 2026 4 xslF345X06/rdgdoc.xml View →
Feb 23, 2026 10-K ekso20251231_10k.htm View →
Feb 20, 2026 4 xslF345X05/primary_doc.xml View →

Frequently Asked Questions about EKSO

What is the AI rating for EKSO?

Ekso Bionics Holdings, Inc.. (EKSO) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are EKSO's key strengths?

Claude: Solid gross margin of 53.5% demonstrates pricing power and product viability at unit economics level. Current ratio of 1.63x and quick ratio of 1.07x provide adequate short-term liquidity cushion. ChatGPT: Gross margin of 53.5% suggests the core product economics can support profitability if scale improves. Current ratio of 1.63x and quick ratio of 1.07x indicate near-term liquidity is not yet distressed.

What are the risks of investing in EKSO?

Claude: Revenue contraction of 28.6% YoY indicates severe demand weakness or market share loss requiring immediate strategic intervention. Operating cash flow of -$11.8M with negative FCF margin of -93.7% at current burn rate exhausts $1.2M cash reserves in 1-2 months without financing. ChatGPT: Revenue contraction of 28.6% signals weak demand traction or execution issues. Operating margin of -104.1% and free cash flow of -$11.99M show the business is consuming cash at an unsustainable rate.

What is EKSO's revenue and growth?

Ekso Bionics Holdings, Inc.. reported revenue of $12.8M.

Does EKSO pay dividends?

Ekso Bionics Holdings, Inc.. does not currently pay dividends.

Where can I find EKSO SEC filings?

Official SEC filings for Ekso Bionics Holdings, Inc.. (CIK: 0001549084) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is EKSO's EPS?

Ekso Bionics Holdings, Inc.. has a diluted EPS of $-4.91.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is EKSO a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Ekso Bionics Holdings, Inc.. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is EKSO stock overvalued or undervalued?

Valuation metrics for EKSO: ROE of -129.6% (sector avg: 15%), net margin of -91.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy EKSO stock in 2026?

Our dual AI analysis gives Ekso Bionics Holdings, Inc.. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is EKSO's free cash flow?

Ekso Bionics Holdings, Inc..'s operating cash flow is $-11.8M, with capital expenditures of $188.0K. FCF margin is -93.7%.

How does EKSO compare to other Industrial stocks?

Vs Industrial sector averages: Net margin -91.4% (avg: 10%), ROE -129.6% (avg: 15%), current ratio 1.63 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 24, 2026 | Data as of: 2025-12-31 | Powered by Claude AI