Modular Medical, Inc. (MODD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | 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 |
|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | 7.24M | 7.83M | 6.8M | 4.98M | 4.85M | 5M | 4.22M | 4.32M | 5.27M | 4.19M | 3.75M | 3.57M | 3.36M | 3.45M | 3.5M | 4.03M | 3.83M | 3.69M | 3.37M | 1.73M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 1.84M | 2.24M | 1.67M | 1.04M | 1M | 1.29M | 1.01M | 643K | 1.43M | 1.03M | 983K | 1.31M | 1.16M | 1.06M | 1.28M | 2.04M | 1.98M | 1.59M | 1.59M | 799.6K |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 5.41M | 5.59M | 5.13M | 3.94M | 3.85M | 3.7M | 3.21M | 3.68M | 3.84M | 3.16M | 2.77M | 2.26M | 2.2M | 2.38M | 2.22M | 1.99M | 1.85M | 2.11M | 1.79M | 933.15K |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | -7.24M | -7.83M | -6.8M | -4.98M | -4.85M | -5M | -4.22M | -4.32M | -5.27M | -4.19M | -3.75M | -3.57M | -3.36M | -3.45M | -3.5M | -4.03M | -3.83M | -3.69M | -3.37M | -1.73M |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | -49.24% | -56.71% | -61.23% | -15.26% | 7.88% | -19.24% | -12.5% | -20.91% | -56.91% | -21.48% | -7.2% | 11.3% | 12.35% | 6.64% | -3.72% | -132.42% | -104.81% | -98.71% | -80% | 9.59% |
| EBITDA | -6.81M | -7.44M | -6.39M | -4.65M | -4.57M | -4.74M | -4.02M | -4.18M | -5.14M | -4.09M | -3.69M | -3.58M | -3.33M | -3.42M | -3.47M | -3.97M | -3.78M | -3.65M | -3.33M | -1.69M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | -49% | -57.05% | -58.9% | -11.4% | 11.01% | -15.65% | -8.96% | -16.59% | -54.56% | -19.81% | -6.43% | 9.76% | 12.13% | 6.25% | -4.19% | -135.42% | -107.48% | -105.25% | -78.2% | 11.5% |
| D&A (Non-Cash Add-back) | 430K | 391K | 410K | 326K | 281K | 260K | 196K | 143K | 130K | 95K | 58K | -9.6K | 33K | 31K | 29K | 58.25K | 46.99K | 48.41K | 43.27K | 46.83K |
| EBIT | -7.36M | -7.79M | -6.7M | -4.93M | -4.8M | -4.95M | -4.14M | -4.28M | -5.27M | -4.18M | -3.74M | -3.57M | -3.36M | -3.45M | -3.5M | -4.03M | -3.83M | -3.69M | -4.33M | -1.73M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -547.31K | -1.01M | -685.79K | -508.88K | -39.79K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 547.31K | 1.01M | 685.79K | 508.88K | 39.79K |
| Other Income/Expense | -116K | 41K | 102K | 51K | 50K | 42K | 83K | 38K | 0 | 9K | 14K | 959 | 0 | 1K | 0 | -547.27K | -1.01M | -685.75K | -1.46M | -39.79K |
| Pretax Income | -7.36M | -7.79M | -6.7M | -4.93M | -4.8M | -4.95M | -4.14M | -4.28M | -5.27M | -4.18M | -3.74M | -3.57M | -3.36M | -3.45M | -3.5M | -4.57M | -4.84M | -4.38M | -4.84M | -1.77M |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Income Tax | 0 | 2K | 0 | 0 | 0 | 2K | 0 | 0 | 0 | 2K | 0 | 0 | 0 | 2K | 0 | 0 | 0 | 1.6K | 0 | 0 |
| Effective Tax Rate % | 0% | -0.03% | 0% | 0% | 0% | -0.04% | 0% | 0% | 0% | -0.05% | 0% | 0% | 0% | -0.06% | 0% | 0% | 0% | -0.04% | 0% | 0% |
| Net Income | -7.36M | -7.79M | -6.7M | -4.93M | -4.8M | -4.96M | -4.14M | -4.28M | -5.27M | -4.18M | -3.74M | -3.57M | -3.36M | -3.45M | -3.5M | -4.57M | -4.84M | -4.38M | -4.84M | -1.77M |
| Net Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | -53.21% | -57.18% | -62% | -15.09% | 8.83% | -18.48% | -10.7% | -19.87% | -56.91% | -21.25% | -6.8% | 21.93% | 30.64% | 21.26% | 27.63% | -158.08% | -158.82% | -135.49% | -157.99% | 7.56% |
| Net Income (Continuing) | -7.36M | -7.79M | -6.7M | -4.93M | -4.8M | -4.96M | -4.14M | -4.28M | -5.27M | -4.18M | -3.74M | -3.57M | -3.36M | -3.45M | -3.5M | -4.57M | -4.84M | -4.38M | -4.84M | -1.77M |
| 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) | -3.30 | -4.20 | -3.60 | -3.60 | -3.90 | -4.20 | -3.60 | -4.20 | -6.90 | -5.70 | -6.60 | -9.90 | -9.30 | -8.40 | -9.00 | -15.60 | -22.80 | -20.70 | -23.10 | -8.40 |
| EPS Growth % | 15.38% | 0% | 0% | 14.29% | 43.48% | 26.32% | 45.45% | 57.58% | 25.81% | 32.14% | 26.67% | 36.54% | 59.21% | 59.42% | 61.04% | -85.71% | -153.33% | -130% | -148.39% | 12.5% |
| EPS (Basic) | -3.30 | -4.20 | -3.60 | -3.60 | -3.90 | -4.20 | -3.60 | -4.20 | -6.90 | -5.70 | -6.60 | -9.90 | -9.30 | -8.40 | -9.00 | -15.60 | -22.80 | -20.70 | -23.10 | -8.40 |
| Diluted Shares Outstanding | 2.2M | 1.85M | 1.81M | 1.42M | 1.26M | 1.14M | 1.13M | 992.29K | 751.33K | 748.17K | 569.97K | 364.98K | 364.19K | 408.77K | 386.27K | 293.24K | 211.81K | 210.8K | 210.6K | 209.63K |
| Basic Shares Outstanding | 2.2M | 1.85M | 1.81M | 1.42M | 1.26M | 1.14M | 1.13M | 992.29K | 751.33K | 748.17K | 569.97K | 364.98K | 364.19K | 408.77K | 386.27K | 293.24K | 211.81K | 210.8K | 210.6K | 209.63K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |