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CorMedix CRMD Net Income

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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%
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$583.68M-22.4%
P/E3.2×
P/S1.5×-4.7×

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:NetIncomeLoss.

The source filing: CorMedix’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 8:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001410098-26-000021
Line itemFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Total Other (Expense) Income(8,013)519
Income before income taxes55,64520,644
Tax expense17,044
Net Income$38,601$20,644
Other Comprehensive Loss:
Unrealized loss from investments(1)(5)
Foreign currency translation loss-(1)
Total Other Comprehensive Loss(1)(6)

Item 1. Unaudited Condensed Consolidated Financial Statements.

FAQ

What is CorMedix's net income?
CorMedix (CRMD) reported net income of $38.6M in Q1 2026.
How has CorMedix's net income changed year-over-year?
CorMedix's net income increased by 87.0% year-over-year, from $20.64M to $38.6M.
What is the long-term trend for CorMedix's net income?
Over 3 years (2021 to 2025), CorMedix's net income has grown at a 79.5% compound annual growth rate (CAGR), from -$28.21M to $163.06M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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