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CorMedix CRMD Q2 2026 earnings

Reported August 13, 2026 · Before market open

Revenue$101.9MBeat by $5.9M
EPS$0.29Beat by $0.05
Revenue estimate$96.0M
EPS estimate$0.24
CorMedix delivered a strong second quarter, generating $101.9 million in consolidated revenue and $58.7 million of adjusted EBITDA, reflecting continued execution across our business. We remain confident in our full-year 2026 outlook and our revenue and adjusted EBITDA guidance as we continue to navigate the post-TDAPA reimbursement environment for DefenCath with discipline and focus. We also made meaningful progress across our pipeline and expect the near-term submission of the REZZAYO sNDA for prophylaxis. With a strong balance sheet, meaningful cash position, and a disciplined capital allocation strategy, we believe CorMedix is well positioned to support our commercial priorities, advance high-value development programs, and create sustainable long-term value for shareholders.
Joseph Todisco

Next report

Nov 11, 2026 (in 2 months)
Revenue estimate$53.3M
EPS estimate-$0.10

Financials

Q2 2026

Income statement

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Revenue$101.9M+157%
Gross profit$87.4M+131%
Operating income$42.9M+120%
Net income$26.0M+31.1%
EPS (diluted)$0.29+3.6%

Balance sheet

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Cash & equivalents$257.7M+61.6%
Total equity$460.8M+109%
Total assets$904.1M+258%

Cash flow

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Operating cash flow$86.2M+188%
CapEx$561.0K+2,238%
Free cash flow$85.7M+186%

Valuation & ratios

Valuation

as of 08/27/26
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Market cap$653.95M-38.0%
P/E3.8×
P/S1.4×-7.2×

Profitability

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Gross margin90.2%-5.5pp
Operating margin47%
Net margin37.6%
FCF margin54.2%+29.1pp

Returns & leverage

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Return on equity51%
Current ratio2.6×-5.3×

Segments

By product

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DefenCath$66.1M+66.4%
Melinta Portfolio$28.2M
Contract revenue$5.0M
Grant income$2.7M

FAQ

When did CorMedix report Q2 2026 earnings?
CorMedix (CRMD) reported Q2 2026 earnings on August 13, 2026 before market open.
What were CorMedix's Q2 2026 revenue and EPS?
CorMedix reported revenue of $101.9M and eps of $0.29 for Q2 2026.
Did CorMedix beat estimates in Q2 2026?
Revenue beat the consensus estimate of $96.0M by $5.9M. EPS beat the consensus estimate of $0.24 by $0.05.
How did CorMedix's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 156.5% from $39.7M a year earlier and eps grew 3.6% from $0.28.
Where can I find CorMedix's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001410098-26-000054) and the 10-Q periodic report (0001410098-26-000056) directly on SEC EDGAR. The filing index links above go to sec.gov.