KORU Medical Systems, Inc. (KRMD) quarterly income statement — complete revenue, gross profit & net income history
KORU Medical Systems, Inc. (KRMD) annual income statement — 27-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 | 12.05M | 11.76M | 10.9M | 10.4M | 10.19M | 9.64M | 8.84M | 8.18M | 8.43M | 8.2M | 7.19M | 7M | 6.94M | 7.39M | 7.34M | 7.76M | 6.55M | 6.24M | 6.49M | 6.04M |
| Revenue Growth % | 18.15% | 22.1% | 23.27% | 27.17% | 20.93% | 17.53% | 23% | 16.8% | 21.54% | 10.89% | -2.16% | -9.76% | 5.95% | 18.39% | 13.16% | 28.47% | 18.42% | 14.98% | 59.97% | -0.65% |
| Cost of Goods Sold | 4.2M | 4.73M | 4.08M | 4.14M | 3.72M | 3.59M | 3.28M | 2.99M | 2.95M | 3.09M | 2.85M | 2.66M | 3.05M | 3.25M | 3.27M | 3.44M | 3.2M | 2.62M | 2.66M | 2.54M |
| COGS % of Revenue | 34.86% | 40.21% | 37.43% | 39.78% | 36.48% | 37.25% | 37.06% | 36.6% | 35% | 37.75% | 39.73% | 38% | 43.94% | 43.9% | 44.47% | 44.3% | 48.89% | 41.99% | 40.96% | 42.13% |
| Gross Profit | 7.85M | 7.03M | 6.82M | 6.26M | 6.48M | 6.05M | 5.56M | 5.19M | 5.48M | 5.1M | 4.33M | 4.34M | 3.89M | 4.15M | 4.08M | 4.32M | 3.35M | 3.62M | 3.83M | 3.5M |
| Gross Margin % | 65.14% | 59.79% | 62.57% | 60.22% | 63.52% | 62.75% | 62.94% | 63.4% | 65% | 62.25% | 60.27% | 62% | 56.06% | 56.1% | 55.53% | 55.7% | 51.11% | 58.01% | 59.04% | 57.87% |
| Gross Profit Growth % | 21.16% | 16.33% | 22.55% | 20.8% | 18.18% | 18.48% | 28.44% | 19.43% | 40.94% | 23.06% | 6.2% | 0.46% | 16.2% | 14.49% | 6.43% | 23.65% | 4.24% | 12.08% | 66.8% | -11.29% |
| Operating Expenses | 7.22M | 7.9M | 7.36M | 7.13M | 6.79M | 7.29M | 7.15M | 6.89M | 6.67M | 7.06M | 6.53M | 6.13M | 7.11M | 7.2M | 6.59M | 5.85M | 6.96M | 6.75M | 5.94M | 4.82M |
| OpEx % of Revenue | 59.93% | 67.14% | 67.59% | 68.57% | 66.59% | 75.67% | 80.92% | 84.22% | 79.14% | 86.18% | 90.85% | 87.58% | 102.55% | 97.45% | 89.72% | 75.41% | 106.31% | 108.08% | 91.59% | 79.76% |
| Selling, General & Admin | 5.94M | 6.58M | 6.04M | 5.99M | 0 | 0 | 0 | 5.13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | 49.31% | 55.95% | 55.44% | 57.63% | - | - | - | 62.69% | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 1.07M | 1.32M | 1.14M | 933.11K | 1.19M | 1.11M | 1.11M | 1.53M | 1.13M | 1.48M | 1.29M | 1.29M | 1.6M | 1.56M | 1.64M | 862.15K | 1.3M | 1.15M | 949.93K | 800.02K |
| R&D % of Revenue | 8.88% | 11.19% | 10.51% | 8.97% | 11.72% | 11.57% | 12.61% | 18.75% | 13.45% | 18% | 17.92% | 18.47% | 23.02% | 21.17% | 22.36% | 11.11% | 19.91% | 18.39% | 14.64% | 13.24% |
| Other Operating Expenses | 210.03K | 0 | 179.17K | 204.48K | 1000K | 1000K | 1000K | 227.78K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 626.99K | -864.92K | -547.1K | -867.68K | -312.65K | -1.25M | -1.59M | -1.7M | -1.19M | -1.96M | -2.2M | -1.79M | -3.22M | -3.06M | -2.51M | -1.53M | -3.61M | -3.13M | -2.11M | -1.32M |
| Operating Margin % | 5.21% | -7.35% | -5.02% | -8.34% | -3.07% | -12.92% | -17.98% | -20.82% | -14.14% | -23.93% | -30.58% | -25.57% | -46.49% | -41.35% | -34.19% | -19.71% | -55.2% | -50.07% | -32.56% | -21.89% |
| Operating Income Growth % | 300.54% | 30.53% | 65.58% | 49.06% | 73.77% | 36.52% | 27.67% | 4.9% | 63.03% | 35.84% | 12.5% | -17.1% | 10.76% | 2.23% | -18.85% | -15.69% | -161.65% | -41.26% | -81.48% | -468.43% |
| EBITDA | 837.02K | -667.39K | -367.93K | -663.2K | -103.17K | -1.03M | -1.49M | -1.48M | -974.17K | -1.73M | -1.97M | -1.58M | -3.01M | -2.84M | -2.32M | -1.37M | -3.49M | -3.02M | -2M | -1.21M |
| EBITDA Margin % | 6.95% | -5.67% | -3.38% | -6.38% | -1.01% | -10.67% | -16.9% | -18.04% | -11.56% | -21.1% | -27.4% | -22.49% | -43.42% | -38.47% | -31.64% | -17.59% | -53.27% | -48.32% | -30.81% | -19.97% |
| EBITDA Growth % | 911.32% | 35.06% | 75.37% | 55.05% | 89.41% | 40.6% | 24.15% | 6.32% | 67.65% | 39.16% | 15.26% | -15.37% | 13.65% | 5.75% | -16.2% | -13.19% | -176.21% | -43.83% | -91.62% | -354.2% |
| D&A (Non-Cash Add-back) | 210.03K | 197.53K | 179.17K | 204.48K | 209.49K | 217.36K | 95.87K | 227.79K | 217.86K | 231.37K | 228.34K | 216.01K | 212.92K | 213.12K | 187.66K | 164.34K | 125.88K | 109.25K | 113.31K | 115.93K |
| EBIT | 258.25K | -807.08K | -482.17K | -778.12K | -189.51K | -1.17M | -1.59M | -1.58M | -988.72K | -1.94M | -2.2M | -1.79M | -3.22M | -3.06M | -2.51M | -1.53M | -3.61M | -3.13M | -2.11M | -1.32M |
| Net Interest Income | 59.87K | 81K | 66.7K | 74.57K | 78.95K | 73.18K | 80.46K | 113K | 214K | 37.19K | 169.23K | 135.43K | 131.17K | 125.5K | 101.01K | 42.48K | 3.57K | -1.46K | -3.8K | -2.84K |
| Interest Income | 59.87K | 81K | 66.7K | 74.57K | 78.95K | 73.18K | 80.46K | 113K | 214K | 37.19K | 169.23K | 135.43K | 131.17K | 125.5K | 101.01K | 42.48K | 3.57K | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.46K | 3.8K | 2.84K |
| Other Income/Expense | -368.74K | 57.84K | 64.93K | 89.56K | 123.14K | 78.77K | 31.28K | 122.48K | 203.32K | 25.41K | 176.65K | 122.51K | 128.69K | 68.54K | 100.03K | 32.42K | -18.14K | -8.6K | 668.96K | -9.85K |
| Pretax Income | 258.25K | -807.08K | -482.17K | -778.12K | -189.51K | -1.17M | -1.56M | -1.58M | -988.72K | -1.94M | -2.02M | -1.67M | -3.1M | -2.99M | -2.41M | -1.5M | -3.63M | -3.14M | -1.44M | -1.33M |
| Pretax Margin % | 2.14% | -6.86% | -4.43% | -7.48% | -1.86% | -12.1% | -17.63% | -19.33% | -11.73% | -23.62% | -28.12% | -23.82% | -44.64% | -40.42% | -32.83% | -19.29% | -55.47% | -50.21% | -22.25% | -22.05% |
| Income Tax | 5.8K | 0 | 4.68K | -150 | 17.36K | 0 | 2.89K | 0 | 0 | 0 | 5.45M | -300.25K | -600K | -577.4K | -434.66K | -271.5K | -710.26K | -597.6K | -375.84K | -238.1K |
| Effective Tax Rate % | 2.25% | 0% | -0.97% | 0.02% | -9.16% | 0% | -0.19% | 0% | 0% | 0% | -269.44% | 17.99% | 19.38% | 19.32% | 18.03% | 18.14% | 19.56% | 19.06% | 26.02% | 17.88% |
| Net Income | 252.45K | -807.08K | -486.86K | -777.97K | -206.87K | -1.17M | -1.56M | -1.58M | -988.72K | -1.94M | -7.47M | -1.37M | -2.5M | -2.41M | -1.98M | -1.23M | -2.92M | -2.54M | -1.07M | -1.09M |
| Net Margin % | 2.1% | -6.86% | -4.47% | -7.48% | -2.03% | -12.1% | -17.66% | -19.33% | -11.73% | -23.62% | -103.9% | -19.54% | -35.98% | -32.61% | -26.91% | -15.79% | -44.62% | -40.64% | -16.46% | -18.11% |
| Net Income Growth % | 222.03% | 30.8% | 68.81% | 50.79% | 79.08% | 39.76% | 79.09% | -15.53% | 60.39% | 19.7% | -277.7% | -11.64% | 14.56% | 4.99% | -85.02% | -12.05% | -159.78% | -98.84% | -28% | -538.96% |
| Net Income (Continuing) | 252.45K | -807.08K | -486.86K | -777.97K | -206.87K | -1.17M | -1.56M | -1.58M | -988.72K | -1.94M | -7.47M | -1.37M | -2.5M | -2.41M | -1.98M | -1.23M | -2.92M | -2.54M | -1.07M | -1.09M |
| 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) | 0.01 | -0.02 | -0.01 | -0.02 | -0.00 | -0.03 | -0.03 | -0.03 | -0.02 | -0.04 | -0.16 | -0.03 | -0.05 | -0.05 | -0.04 | -0.03 | -0.07 | -0.06 | -0.02 | -0.02 |
| EPS Growth % | - | 42% | 69.21% | 51.3% | 79.17% | 29.25% | 78.69% | -15% | 60.51% | 20% | -266.97% | -10.29% | 15.85% | 6.69% | -81.67% | -10.12% | -156.92% | -95.86% | -25.65% | -347% |
| EPS (Basic) | 0.01 | -0.02 | -0.01 | -0.02 | -0.00 | -0.03 | -0.03 | -0.03 | -0.02 | -0.04 | -0.16 | -0.03 | -0.05 | -0.05 | -0.04 | -0.03 | -0.07 | -0.06 | -0.02 | -0.02 |
| Diluted Shares Outstanding | 49.51M | 46.36M | 46.19M | 46.24M | 46.19M | 45.98M | 45.91M | 45.85M | 45.81M | 45.71M | 45.67M | 45.64M | 45.61M | 45.49M | 45.37M | 45.04M | 44.92M | 44.67M | 44.57M | 44.32M |
| Basic Shares Outstanding | 46.08M | 46.36M | 46.19M | 46.24M | 46.19M | 45.98M | 45.91M | 45.85M | 45.81M | 45.71M | 45.67M | 45.64M | 45.61M | 45.49M | 45.37M | 45.04M | 44.92M | 44.67M | 44.57M | 44.32M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |