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.

CorMedix CRMD Net Income

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-$4.24B-183%

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$41M+36.0%

ITG

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IAR

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$1.08B-18.7%

Other financials

Income statement

See full

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$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:NetIncomeLoss.

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 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.