What is CorMedix's contract revenue — total revenue?

CorMedix (CRMD) reported contract revenue — total revenue of $5.51M in Q1 2026.

What does contract revenue — total revenue mean?

This metric represents the total revenue generated specifically from contractual arrangements, such as licensing agreements, research collaborations, or service-based partnerships. It reflects the company's ability to monetize its intellectual property or specialized capabilities through external business relationships rather than direct product sales. Monitoring this stream helps investors assess the diversification of income sources and the strategic value of the company's partnership ecosystem.

CorMedix CRMD Contract revenue — Total Revenue

Other product segments

DefenCath

$97.51M+150%

Melinta Portfolio

$24.41M—

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$110K-97.5%

LGNDContract revenue and other income — Total revenues and other income

$110K-97.5%

RIGLContract revenues from collaborations — Revenue recognized

$3.9M-60.2%

WASHTotal Revenues — Revenue from contracts with customers

$13.08M-32.6%

KGSContract Services — Revenue

$306.99M+6.2%

Other financials

Income statement

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Revenue$127.4M+226%

Gross profit$115.4M+207%

Operating income$63.7M+216%

Net income$38.6M+87.0%

EPS (diluted)$0.43+43.3%

Balance sheet

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Cash & equivalents$179.1M+170%

Total debt$4.3M+729%

Total equity$437.0M+280%

Total assets$815.6M+445%

Cash flow

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Operating cash flow$42.4M+115%

CapEx$729.0K+7,190%

Free cash flow$41.7M+111%

Valuation

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Market cap$605.65M-34.4%

P/E3.4×—

P/S1.5×-9.6×

Profitability

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Gross margin91.9%-3.5pp

Operating margin48.4%—

Net margin45.2%—

FCF margin48.7%+38.8pp

Returns & leverage

See full

Return on equity65.6%—

Debt / equity0×0.0×

Current ratio3×-1.2×

Where this comes from

Reported directly by CorMedix in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: CorMedix’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CorMedix's contract revenue — total revenue?: CorMedix (CRMD) reported contract revenue — total revenue of $5.51M in Q1 2026.
What does contract revenue — total revenue mean?: This metric represents the total revenue generated specifically from contractual arrangements, such as licensing agreements, research collaborations, or service-based partnerships. It reflects the company's ability to monetize its intellectual property or specialized capabilities through external business relationships rather than direct product sales. Monitoring this stream helps investors assess the diversification of income sources and the strategic value of the company's partnership ecosystem.