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CorMedix CRMD Employee Expense — Sales & Marketing

Other segment segments

Employee and contracted employee expense
$7.3M+254%
Other selling and marketing
$5.23M+117%

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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

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Return on equity65.6%
Debt / equity0.0×
Current ratio-1.2×

Where this comes from

Reported directly by CorMedix in its filing.

Tagged under the XBRL concept us-gaap:SellingAndMarketingExpense.

The official record: CorMedix’s 10-K, filed March 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CorMedix's employee expense — sales & marketing?
CorMedix (CRMD) reported employee expense — sales & marketing of $5.65M in Q4 2025.
How has CorMedix's employee expense — sales & marketing changed year-over-year?
CorMedix's employee expense — sales & marketing increased by 67.6% year-over-year, from $3.37M to $5.65M.
What is the long-term trend for CorMedix's employee expense — sales & marketing?
Over 2 years (2023 to 2025), CorMedix's employee expense — sales & marketing has grown at a 197.7% compound annual growth rate (CAGR), from $2.55M to $22.62M.
What does employee expense — sales & marketing mean?
This metric tracks the personnel-related expenditures associated with the commercialization, sales force, and marketing efforts for the company's products. It reflects the investment in human resources required to drive market adoption, physician education, and product awareness. Analyzing this expense provides insight into the company's commercial scaling strategy and the efficiency of its go-to-market operations.