CorMedix Inc. (CRMD) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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CRMD Revenue Growth
Revenue Breakdown (FY 2025)
CRMD's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CRMD Revenue Analysis (2014–2025)
As of May 8, 2026, CorMedix Inc. (CRMD) generated trailing twelve-month (TTM) revenue of $311.7 million, reflecting explosive growth of +312.1% year-over-year. The most recent quarter (Q4 2025) recorded $128.6 million in revenue, up 23.3% sequentially.
Looking at the longer-term picture, CRMD's 5-year compound annual growth rate (CAGR) stands at +319.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $311.7 million in 2025, representing a new all-time high.
Revenue diversification analysis shows CRMD's business is primarily driven by Product (100%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Healthcare sector peers including NKTR (-43.9% YoY), HALO (+37.6% YoY), and ACAD (+9.9% YoY), CRMD has outperformed the peer group in terms of revenue growth. Compare CRMD vs NKTR →
CRMD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CRMDCurrent | $312M | +312.1% | +319.7% | 48.2% | |
 NKTR | $55M | -43.9% | -18.4% | -236.8% | |
 HALO | $1.4B | +37.6% | +39.2% | 58.4% | |
 ACAD | $1.1B | +9.9% | +19.4% | 9.8% | |
 SUPN | $719M | +16.3% | +6.7% | -5.1% |
CRMD Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $311.7M | +617.0% | $275.7M | 88.5% | $150.1M | 48.2% |
| 2024 | $43.5M | - | $40.3M | 92.7% | $-22,356,389 | -51.4% |
| 2023 | $0 | -100.0% | $-205,562 | - | $-48,957,788 | - |
| 2022 | $65K | -65.7% | $62K | 94.3% | $-30,623,968 | -46819.9% |
| 2021 | $191K | -20.2% | $42K | 22.0% | $-29,437,585 | -15417.5% |
| 2020 | $239K | -15.5% | $34K | 14.4% | $-27,220,752 | -11378.4% |
| 2019 | $283K | -34.1% | $-89,968 | -31.8% | $-21,007,876 | -7416.3% |
| 2018 | $430K | +30.5% | $33K | 7.7% | $-26,864,196 | -6250.4% |
| 2017 | $329K | +47.0% | $214K | 65.1% | $-32,924,110 | -9997.4% |
| 2016 | $224K | +6.7% | $-142,568 | -63.6% | $-24,760,918 | -11048.8% |
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Start ComparisonCRMD — Frequently Asked Questions
Quick answers to the most common questions about buying CRMD stock.
Is CRMD's revenue growth accelerating or slowing?
CRMD revenue is accelerating at +312.1% year-over-year, exceeding the 5-year CAGR of +319.7%. TTM revenue reached $312M. Growth momentum has increased versus prior periods.
What is CRMD's long-term revenue growth rate?
CorMedix Inc.'s 5-year revenue CAGR of +319.7% reflects the sustained expansion pattern. Current YoY growth of +312.1% is above this long-term average.
How is CRMD's revenue distributed by segment?
CRMD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.