What is CorMedix's operating margin?

CorMedix (CRMD) reported operating margin of 48.4% in Q1 2026.

What is the long-term trend for CorMedix's operating margin?

Over 3 years (2020 to 2025), CorMedix's operating margin has grown at a -83.8% compound annual growth rate (CAGR), from -11,378.4% to 48.2%.

What does operating margin mean?

Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

CorMedix CRMD Operating margin

Operating margin at other companies

Merit Medical SystemsMMSI

12.2%+0.6pp

ITG

Integer HoldingsITGR

11%-1.6pp

IAR

Integra LifeSciencesIART

-29.8%-30.3pp

MiMedx GroupMDXG

10.2%-5.1pp

AbbottABT

17.1%+0.2pp

ICU MedicalICUI

2%-0.7pp

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

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.

operating income/total revenue=48.4%

Based on trailing twelve months.

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 operating margin?: CorMedix (CRMD) reported operating margin of 48.4% in Q1 2026.
What is the long-term trend for CorMedix's operating margin?: Over 3 years (2020 to 2025), CorMedix's operating margin has grown at a -83.8% compound annual growth rate (CAGR), from -11,378.4% to 48.2%.
What does operating margin mean?: Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.