CorMedix Inc. (CRMD) quarterly income statement — complete revenue, gross profit & net income history
CorMedix Inc. (CRMD) annual income statement — 18-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 101.93M | 127.43M | 128.62M | 104.28M | 39.74M | 39.08M | 31.21M | 11.46M | 806.12K | 0 | 0 | 0 | 0 | 0 | 29.7K | 6.82K | 21.25K | 7.64K | 56.4K | 38.09K |
| Revenue Growth % | 156.52% | 226.05% | 312.1% | 810.22% | 4829.4% | - | - | - | - | - | -100% | -100% | -100% | -100% | -47.33% | -82.1% | 159.47% | -91.35% | 1.23% | -59.05% |
| Cost of Goods Sold | 24.8M | 22.3M | 21.31M | 11.19M | 1.86M | 1.6M | 1.18M | 686.6K | 509.84K | 818.54K | 53.51K | 51.86K | 50.75K | 49.45K | 406 | 1.47K | 332 | 1.53K | 48.01K | 25.17K |
| COGS % of Revenue | 24.34% | 17.5% | 16.57% | 10.74% | 4.69% | 4.09% | 3.77% | 5.99% | 63.25% | - | - | - | - | - | 1.37% | 21.55% | 1.56% | 20% | 85.12% | 66.07% |
| Gross Profit | 77.13M | 105.12M | 107.31M | 93.08M | 37.87M | 37.48M | 30.03M | 10.77M | 296.28K | -818.54K | -53.51K | -51.86K | -50.75K | -49.45K | 29.3K | 5.35K | 20.92K | 6.11K | 8.39K | 12.92K |
| Gross Margin % | 75.66% | 82.5% | 83.43% | 89.26% | 95.31% | 95.91% | 96.23% | 94.01% | 36.75% | - | - | - | - | - | 98.63% | 78.45% | 98.44% | 80% | 14.88% | 33.93% |
| Gross Profit Growth % | 103.64% | 180.44% | 257.28% | 764.3% | 12683.29% | 4679.49% | 56231.68% | 20865.72% | 683.83% | -1555.45% | -282.64% | -1069.75% | -342.57% | -909.38% | 249.18% | -58.61% | 435.54% | -77.31% | 651.97% | -1.41% |
| Operating Expenses | 34.22M | 41.46M | 48.18M | 41.73M | 18.33M | 17.36M | 17.1M | 14.06M | 15.6M | 15.89M | 15.62M | 10.42M | 11.75M | 10.97M | 8.42M | 6.97M | 8.26M | 7.04M | 7.79M | 8.58M |
| OpEx % of Revenue | 33.57% | 32.54% | 37.46% | 40.02% | 46.13% | 44.42% | 54.78% | 122.7% | 1934.84% | - | - | - | - | - | 28343.29% | 102204.52% | 38871.53% | 92174.83% | 13809.8% | 22521.11% |
| Selling, General & Admin | 27.53M | 34.25M | 39.58M | 36.64M | 15.89M | 14.17M | 15.37M | 13.33M | 14.95M | 15.05M | 13.33M | 7.8M | 7.01M | 7.56M | 5.58M | 4.63M | 5.05M | 4.75M | 4.55M | 3.84M |
| SG&A % of Revenue | 27.01% | 26.88% | 30.78% | 35.13% | 39.98% | 36.25% | 49.25% | 116.35% | 1854.08% | - | - | - | - | - | 18770.8% | 67889.31% | 23770.27% | 62216.91% | 8073.29% | 10073.02% |
| Research & Development | 6.68M | 7.21M | 8.6M | 5.1M | 2.44M | 3.19M | 1.73M | 727.12K | 650.99K | 837.45K | 2.29M | 2.66M | 4.79M | 3.41M | 2.84M | 2.34M | 3.21M | 2.29M | 3.24M | 4.74M |
| R&D % of Revenue | 6.56% | 5.66% | 6.69% | 4.89% | 6.15% | 8.17% | 5.53% | 6.35% | 80.76% | - | - | - | - | - | 9572.49% | 34315.21% | 15101.26% | 29957.92% | 5736.51% | 12448.09% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 42.91M | 63.66M | 59.13M | 51.35M | 19.54M | 20.13M | 12.94M | -3.29M | -15.3M | -16.7M | -15.67M | -10.47M | -11.8M | -11.02M | -8.39M | -6.96M | -8.24M | -7.03M | -7.78M | -8.56M |
| Operating Margin % | 42.1% | 49.96% | 45.97% | 49.24% | 49.18% | 51.5% | 41.45% | -28.69% | -1898.09% | - | - | - | - | - | -28244.66% | -102126.07% | -38773.09% | -92094.83% | -13794.92% | -22487.18% |
| Operating Income Growth % | 119.56% | 216.31% | 357.07% | 1661.93% | 227.73% | 220.48% | 182.56% | 68.59% | -29.62% | -51.62% | -86.77% | -50.35% | -43.25% | -56.66% | -7.83% | 18.72% | -40.09% | 2.47% | -27.86% | -29.7% |
| EBITDA | 53.21M | 74.2M | 69.56M | 55.14M | 19.71M | 20.29M | 13.07M | -3.21M | -15.22M | -16.68M | -15.65M | -10.45M | -11.79M | -10.97M | -8.37M | -6.94M | -8.19M | -6.98M | -7.76M | -8.55M |
| EBITDA Margin % | 52.2% | 58.23% | 54.08% | 52.88% | 49.59% | 51.91% | 41.88% | -28.02% | -1888.55% | - | - | - | - | - | -28168.85% | -101813.86% | -38530.34% | -91432.05% | -13759.37% | -22436.65% |
| EBITDA Growth % | 170.01% | 265.76% | 432.22% | 1817.68% | 229.44% | 221.61% | 183.51% | 69.28% | -29.16% | -52.1% | -87.05% | -50.55% | -43.94% | -57.09% | -7.82% | 18.78% | -39.5% | 2.99% | -29.25% | -29.61% |
| D&A (Non-Cash Add-back) | 10.3M | 10.54M | 10.43M | 3.79M | 162.94K | 161.94K | 133.68K | 77.41K | 76.87K | 21.83K | 18.67K | 17.79K | 17.43K | 49.45K | 22.52K | 21.28K | 51.59K | 50.61K | 20.05K | 19.25K |
| EBIT | 47.09M | 55.65M | 58.26M | 53.52M | 20.36M | 20.65M | 13.47M | -2.77M | -14.14M | -15.85M | -14.75M | -9.73M | -11.27M | -10.56M | -8.2M | -6.84M | -8.19M | -7.03M | -7.79M | -8.56M |
| Net Interest Income | 0 | 0 | -927.1K | 612.03K | 822.28K | 556.79K | 500.38K | 543.85K | 650.81K | 847.35K | 913.49K | 752.13K | 544.33K | 437.61K | 174.73K | 84.64K | 31.76K | 8.37K | -1.01K | -2.36K |
| Interest Income | 0 | 0 | 889.98K | 1.56M | 828.95K | 566.8K | 510.38K | 553.86K | 657.37K | 857.19K | 920.04K | 765.24K | 550.18K | 446.38K | 183.51K | 93.42K | 35.34K | 13.75K | 4.37K | 3.02K |
| Interest Expense | 0 | 0 | 1.82M | 948.24K | 6.67K | 10.01K | 10.01K | 10.01K | 6.56K | 9.84K | 6.56K | 13.11K | 5.85K | 8.78K | 8.78K | 8.78K | 3.58K | 5.38K | 5.38K | 5.38K |
| Other Income/Expense | -4.18M | -8.01M | -2.68M | 1.23M | 805.98K | 518.62K | 528.4K | 510.52K | 1.15M | 843.34K | 914.72K | 722.93K | 530.96K | 449.95K | 180.28K | 108.21K | 49.99K | -1.83K | -11.07K | -4.45K |
| Pretax Income | 38.73M | 55.65M | 56.45M | 52.58M | 20.35M | 20.64M | 13.46M | -2.78M | -14.15M | -15.86M | -14.75M | -9.74M | -11.27M | -10.57M | -8.21M | -6.85M | -8.19M | -7.03M | -7.79M | -8.57M |
| Pretax Margin % | 38% | 43.67% | 43.89% | 50.42% | 51.21% | 52.82% | 43.14% | -24.24% | -1755.51% | - | - | - | - | - | -27637.7% | -100538.67% | -38537.88% | -92118.83% | -13814.54% | -22498.86% |
| Income Tax | 12.74M | 17.04M | 42.43M | -55.99M | 521.51K | 0 | 0 | 0 | 0 | -1.39M | 0 | 0 | 0 | 0 | 0 | 0 | -585.62K | 0 | 0 | 0 |
| Effective Tax Rate % | 32.9% | 30.63% | 75.16% | -106.49% | 2.56% | 0% | 0% | 0% | 0% | 8.79% | 0% | 0% | 0% | 0% | 0% | 0% | 7.15% | 0% | 0% | 0% |
| Net Income | 25.99M | 38.6M | 14.02M | 108.56M | 19.83M | 20.64M | 13.46M | -2.78M | -14.15M | -14.47M | -14.75M | -9.74M | -11.27M | -10.57M | -8.21M | -6.85M | -7.6M | -7.04M | -7.79M | -8.57M |
| Net Margin % | 25.5% | 30.29% | 10.9% | 104.11% | 49.9% | 52.82% | 43.14% | -24.24% | -1755.51% | - | - | - | - | - | -27637.7% | -100538.67% | -35782.43% | -92142.84% | -13814.54% | -22498.86% |
| Net Income Growth % | 31.07% | 86.98% | 4.13% | 4009.63% | 240.11% | 242.71% | 191.26% | 71.5% | -25.53% | -36.9% | -79.73% | -42.18% | -48.24% | -50.19% | -5.36% | 20.02% | -64.15% | 2.51% | -27.99% | -29.82% |
| Net Income (Continuing) | 25.99M | 38.6M | 14.02M | 108.56M | 19.83M | 20.64M | 13.46M | -2.78M | -14.15M | -14.47M | -14.75M | -9.74M | -11.27M | -10.57M | -8.21M | -6.85M | -7.6M | -7.03M | -7.79M | -8.57M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.29 | 0.43 | 0.15 | 1.26 | 0.28 | 0.30 | 0.22 | -0.05 | -0.25 | -0.25 | -0.26 | -0.17 | -0.25 | 9.77 | -0.19 | -0.16 | -0.19 | -0.18 | -0.20 | -0.22 |
| EPS Growth % | 3.57% | 43.33% | -31.82% | 2769.49% | 212% | 220% | 184.62% | 72.24% | 0% | -102.56% | -36.84% | -6.25% | -31.58% | 5527.78% | 5% | 27.27% | -58.33% | 10% | -5.26% | 0% |
| EPS (Basic) | 0.33 | 0.48 | 0.18 | 1.42 | 0.29 | 0.32 | 0.22 | -0.05 | -0.25 | -0.25 | -0.26 | -0.17 | -0.25 | 9.78 | -0.19 | -0.17 | -0.19 | -0.18 | -0.21 | -0.22 |
| Diluted Shares Outstanding | 92.48M | 92.98M | 93.92M | 86.21M | 71.92M | 68.98M | 61.51M | 58.83M | 57.62M | 57.5M | 57.39M | 56.55M | 45.37M | 44.09M | 41.86M | 41.18M | 39.76M | 38.25M | 38.11M | 38.11M |
| Basic Shares Outstanding | 78.44M | 79.51M | 78.84M | 75.93M | 67.93M | 65.24M | 61.51M | 58.83M | 57.62M | 57.5M | 57.39M | 56.55M | 45.37M | 44.03M | 41.18M | 40.32M | 39.76M | 38.25M | 37.16M | 38.11M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |