What is CorMedix's gross profit?

CorMedix (CRMD) reported gross profit of $115.42M in Q1 2026.

How has CorMedix's gross profit changed year-over-year?

CorMedix's gross profit increased by 207.5% year-over-year, from $37.54M to $115.42M.

What is the long-term trend for CorMedix's gross profit?

Over 3 years (2021 to 2025), CorMedix's gross profit has grown at a 1803.3% compound annual growth rate (CAGR), from $42K to $289.57M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

CorMedix CRMD Gross Profit

Discontinued — last reported Q1 '26

Gross Profit at other companies

PfizerPFE

$10.9B+0.3%

Merck & Co.MRK

$12.09B-0.2%

Merit Medical SystemsMMSI

$184.8M+7.4%

ITG

Integer HoldingsITGR

$109.6M-8.9%

IAR

Integra LifeSciencesIART

$216.98M+11.6%

MiMedx GroupMDXG

$41.62M-41.9%

Other financials

Income statement

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Revenue$127.4M+226%

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 / equity0×0.0×

Current ratio3×-1.2×

Where this comes from

Calculated from CorMedix’s reported figures.

$127.4Mtotal revenue−$12.0Mtotal cost of revenue=$115.42M

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 gross profit?: CorMedix (CRMD) reported gross profit of $115.42M in Q1 2026.
How has CorMedix's gross profit changed year-over-year?: CorMedix's gross profit increased by 207.5% year-over-year, from $37.54M to $115.42M.
What is the long-term trend for CorMedix's gross profit?: Over 3 years (2021 to 2025), CorMedix's gross profit has grown at a 1803.3% compound annual growth rate (CAGR), from $42K to $289.57M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.