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CorMedix CRMD Total Cost of Revenue

Discontinued — last reported Q1 '26

Total Cost of Revenue at other companies

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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$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:CostOfRevenue.

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
Product sales, net$121,916$39,082
Contract revenue5,511-
Total Revenue127,42739,082
Cost of sales (exclusive of amortization of intangibles)12,0051,545
Amortization of intangibles10,30052
Gross profit105,12237,485
Operating Expenses:
Research and development7,2123,193

Item 1. Unaudited Condensed Consolidated Financial Statements.

FAQ

What is CorMedix's total cost of revenue?
CorMedix (CRMD) reported total cost of revenue of $12.01M in Q1 2026.
How has CorMedix's total cost of revenue changed year-over-year?
CorMedix's total cost of revenue increased by 677.0% year-over-year, from $1.55M to $12.01M.
What is the long-term trend for CorMedix's total cost of revenue?
Over 3 years (2021 to 2025), CorMedix's total cost of revenue has grown at a 429.7% compound annual growth rate (CAGR), from $148.94K to $22.14M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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