electroCore, Inc. (ECOR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'21 |
|---|
| Sales/Revenue | 9.58M | 9.24M | 8.69M | 7.38M | 6.72M | 7.05M | 6.55M | 6.14M | 5.44M | 5.19M | 4.51M | 3.55M | 2.78M | 2.56M | 1.98M | 2.16M | 1.9M | 1.49M | 1.49M | 1.27M |
| Revenue Growth % | 42.64% | 31.18% | 32.58% | 20.23% | 23.44% | 35.73% | 45.39% | 72.88% | 95.79% | 102.77% | 128.14% | 64.63% | 46.39% | 71.72% | 32.88% | 69.98% | 57.72% | 60.6% | 37.58% | 68.54% |
| Cost of Goods Sold | 1.22M | 1.07M | 1.22M | 939K | 1.01M | 994K | 1.06M | 838K | 888K | 1.1M | 661K | 585K | 458K | 640K | 258K | 358K | 360K | 291.7K | 355K | 374K |
| COGS % of Revenue | 12.73% | 11.61% | 14.03% | 12.72% | 15.08% | 14.11% | 16.25% | 13.65% | 16.31% | 21.19% | 14.66% | 16.47% | 16.47% | 25% | 13.06% | 16.6% | 18.96% | 19.57% | 23.87% | 29.47% |
| Gross Profit | 8.36M | 8.17M | 7.47M | 6.44M | 5.71M | 6.05M | 5.49M | 5.3M | 4.55M | 4.09M | 3.85M | 2.97M | 2.32M | 1.92M | 1.72M | 1.8M | 1.54M | 1.2M | 1.13M | 895K |
| Gross Margin % | 87.27% | 88.39% | 85.97% | 87.28% | 84.92% | 85.89% | 83.75% | 86.35% | 83.69% | 78.81% | 85.34% | 83.53% | 83.53% | 75% | 86.94% | 83.4% | 81.04% | 80.43% | 76.13% | 70.53% |
| Gross Profit Growth % | 46.58% | 35% | 36.09% | 21.52% | 25.27% | 47.93% | 42.68% | 78.73% | 96.17% | 113.07% | 123.92% | 64.87% | 50.88% | 60.12% | 51.77% | 101.01% | 83.21% | 996.75% | 54.36% | 86.47% |
| Operating Expenses | 13.68M | 11.11M | 10.35M | 9.95M | 9.53M | 9.12M | 8.14M | 7.89M | 8.4M | 8.05M | 7.97M | 7.95M | 8.52M | 7.84M | 7.27M | 7.62M | 7.12M | 6.67M | 5.12M | 6.1M |
| OpEx % of Revenue | 142.74% | 120.21% | 119.16% | 134.78% | 141.81% | 129.48% | 124.2% | 128.56% | 154.4% | 155.06% | 176.86% | 223.99% | 306.44% | 306.13% | 368.12% | 353.22% | 374.93% | 447.47% | 344.12% | 480.46% |
| Selling, General & Admin | 12.94M | 10.19M | 9.69M | 9.44M | 8.89M | 8.32M | 7.62M | 7.26M | 8.01M | 6.94M | 6.72M | 6.8M | 6.71M | 6.21M | 5.66M | 6.28M | 6.19M | 5.93M | 4.65M | 5.27M |
| SG&A % of Revenue | 135.02% | 110.26% | 111.54% | 127.86% | 132.25% | 118.05% | 116.25% | 118.21% | 147.07% | 133.71% | 149.16% | 191.47% | 241.37% | 242.54% | 286.29% | 291.05% | 325.75% | 397.72% | 312.51% | 415.45% |
| Research & Development | 740K | 920K | 662K | 511K | 642K | 805K | 521K | 635K | 399K | 1.11M | 1.25M | 1.16M | 1.81M | 1.63M | 1.62M | 1.34M | 934K | 741.72K | 470K | 825K |
| R&D % of Revenue | 7.72% | 9.95% | 7.62% | 6.92% | 9.55% | 11.42% | 7.95% | 10.34% | 7.33% | 21.34% | 27.71% | 32.53% | 65.07% | 63.59% | 81.83% | 62.17% | 49.18% | 49.75% | 31.61% | 65.01% |
| 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 | -5.32M | -2.94M | -2.88M | -3.51M | -3.82M | -3.07M | -2.65M | -2.59M | -3.85M | -3.96M | -4.13M | -4.99M | -6.2M | -5.92M | -5.56M | -5.82M | -5.58M | -5.47M | -3.98M | -5.2M |
| Operating Margin % | -55.47% | -31.82% | -33.19% | -47.5% | -56.88% | -43.59% | -40.45% | -42.21% | -70.71% | -76.25% | -91.53% | -140.47% | -222.91% | -231.13% | -281.17% | -269.82% | -293.89% | -367.04% | -267.99% | -409.93% |
| Operating Income Growth % | -39.09% | 4.23% | -8.79% | -35.31% | 0.7% | 22.41% | 35.75% | 48.06% | 37.89% | 33.11% | 25.74% | 14.3% | -11.04% | -8.14% | -39.42% | -11.88% | -3.66% | 13.47% | 11.22% | 12.18% |
| EBITDA | -5.32M | -1.77M | -2.73M | -3.35M | -3.63M | -2.49M | -2.65M | -2.36M | -3.63M | -3.67M | -3.82M | -4.65M | -6.06M | -5.77M | -5.4M | -5.68M | -5.47M | -5.38M | -3.89M | -5.11M |
| EBITDA Margin % | -55.47% | -19.17% | -31.43% | -45.35% | -54% | -35.35% | -40.45% | -38.51% | -66.62% | -70.66% | -84.72% | -130.98% | -217.99% | -225.35% | -273.43% | -263.28% | -288.31% | -360.66% | -261.53% | -402.44% |
| EBITDA Growth % | -46.53% | 28.86% | -3.02% | -41.58% | -0.06% | 32.09% | 30.58% | 49.17% | 40.16% | 36.42% | 29.32% | 18.1% | -10.68% | -7.3% | -38.93% | -11.2% | -3.54% | 13.46% | 11.49% | 12.36% |
| D&A (Non-Cash Add-back) | 0 | 1.17M | 153K | 159K | 194K | 580K | 0 | 227K | 223K | 290K | 307K | 337K | 137K | 148K | 153K | 141K | 106K | 95.06K | 96K | 95K |
| EBIT | -5.32M | -2.46M | -3.2M | -3.67M | -3.82M | -3.07M | -2.65M | -2.59M | -3.85M | -3.96M | -4.13M | -4.99M | -6.2M | -5.92M | -5.56M | -5.82M | -5.58M | -5.47M | -3.98M | -5.2M |
| Net Interest Income | -318K | -239K | -146K | 68K | 83K | 133K | 159K | 55K | 225K | 135K | 94K | 85K | 119K | 142K | 103K | 38K | 4K | 2.19K | 4K | 1K |
| Interest Income | 0 | 85K | 62K | 68K | 83K | 133K | 159K | 55K | 225K | 135K | 94K | 85K | 119K | 142K | 103K | 38K | 4K | 2.19K | 4K | 1K |
| Interest Expense | 318K | 324K | 208K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -276K | -43K | -521K | -165K | -81K | -128K | 154K | -64K | 221K | -49K | 94K | 85K | 119K | 141K | 103K | 38K | -1K | 550.45K | 0 | 1.42M |
| Pretax Income | -5.59M | -2.98M | -3.4M | -3.67M | -3.9M | -3.2M | -2.5M | -2.65M | -3.63M | -4.01M | -4.03M | -4.9M | -6.08M | -5.78M | -5.45M | -5.78M | -5.58M | -4.92M | -3.98M | -3.78M |
| Pretax Margin % | -58.35% | -32.28% | -39.19% | -49.74% | -58.09% | -45.4% | -38.1% | -43.25% | -66.65% | -77.19% | -89.44% | -138.07% | -218.63% | -225.63% | -275.96% | -268.06% | -293.94% | -330.11% | -267.99% | -297.79% |
| Income Tax | 321K | 51K | 0 | 0 | -48K | 29K | 0 | 0 | -122K | 25K | 0 | 0 | -211K | 14K | 0 | -445K | 0 | 25.52K | 8K | -885K |
| Effective Tax Rate % | -5.74% | -1.71% | 0% | 0% | 1.23% | -0.91% | 0% | 0% | 3.36% | -0.62% | 0% | 0% | 3.47% | -0.24% | 0% | 7.7% | 0% | -0.52% | -0.2% | 23.42% |
| Net Income | -5.27M | -3.04M | -3.4M | -3.67M | -3.85M | -3.23M | -2.5M | -2.65M | -3.51M | -4.03M | -4.03M | -4.9M | -5.87M | -5.79M | -5.45M | -5.34M | -5.58M | -4.95M | -3.99M | -2.89M |
| Net Margin % | -55% | -32.84% | -39.19% | -49.74% | -57.37% | -45.81% | -38.1% | -43.25% | -64.41% | -77.67% | -89.44% | -138.07% | -211.04% | -226.17% | -275.96% | -247.43% | -293.94% | -331.82% | -268.53% | -228.05% |
| Net Income Growth % | -36.73% | 5.98% | -36.36% | -38.27% | -9.95% | 19.94% | 38.07% | 45.85% | 40.24% | 30.36% | 26.06% | 8.13% | -5.11% | -17.05% | -36.56% | -84.42% | -3.68% | 21.77% | 11% | 38.96% |
| Net Income (Continuing) | -5.27M | -3.04M | -3.4M | -3.67M | -3.85M | -3.23M | -2.5M | -2.65M | -3.51M | -4.03M | -4.03M | -4.9M | -5.87M | -5.79M | -5.45M | -5.34M | -5.58M | -4.95M | -3.99M | -2.89M |
| 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 | 635.61K | 635.61K |
| EPS (Diluted) | -0.59 | -0.38 | -0.40 | -0.44 | -0.47 | -0.43 | -0.31 | -0.38 | -0.53 | -0.61 | -0.68 | -1.03 | -1.24 | -1.22 | -1.13 | -1.13 | -1.18 | -1.05 | -0.86 | -0.89 |
| EPS Growth % | -25.53% | 11.63% | -29.03% | -15.79% | 11.32% | 29.51% | 54.41% | 63.11% | 57.26% | 50% | 39.82% | 8.85% | -5.08% | -16.19% | -31.4% | -26.97% | 30.18% | 49.76% | 43.79% | 54.12% |
| EPS (Basic) | -0.59 | -0.38 | -0.40 | -0.44 | -0.47 | -0.43 | -0.31 | -0.38 | -0.53 | -0.61 | -0.68 | -1.03 | -1.24 | -1.22 | -1.18 | -1.13 | -1.20 | -1.05 | -0.86 | -0.89 |
| Diluted Shares Outstanding | 8.95M | 8M | 8.45M | 8.32M | 8.29M | 7.48M | 8.09M | 7.05M | 6.62M | 6.62M | 5.95M | 4.75M | 4.74M | 4.74M | 4.74M | 4.72M | 4.71M | 4.71M | 4.63M | 3.23M |
| Basic Shares Outstanding | 8.95M | 8M | 8.45M | 8.32M | 8.29M | 7.48M | 8.09M | 7.05M | 6.62M | 6.62M | 5.95M | 4.75M | 4.73M | 4.74M | 4.54M | 4.72M | 4.65M | 4.71M | 4.63M | 3.23M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |