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CorMedix CRMD Total Revenue

Discontinued — last reported Q2 '26

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Segments

By product

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DefenCath$66.12M+66.4%
Melinta Portfolio$28.22M—
Contract revenue$4.97M—
Grant income$2.7M—

Other financials

Income statement

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Gross profit$87.4M+131%
Operating income$42.9M+120%
Net income$26.0M+31.1%
EPS (diluted)$0.29+3.6%

Balance sheet

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Cash & equivalents$257.7M+61.6%
Total debt$4.3M+729%
Total equity$460.8M+109%
Total assets$904.1M+258%

Cash flow

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Operating cash flow$86.2M+188%
CapEx$561.0K+2,238%
Free cash flow$85.7M+186%

Valuation

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Market cap$578.35M-32.9%
P/E3.3×—
P/S1.3×-2.8×

Profitability

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Gross margin90.2%-5.5pp
Operating margin47%—
Net margin37.6%—
FCF margin54.2%+29.1pp

Returns & leverage

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Return on equity51%—
Debt / equity0×0.0×
Current ratio2.6×-5.3×

Where this comes from

Reported directly by CorMedix in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: CorMedix’s 10-Q, filed August 13, 2026.

Filed
Aug 13, 2026, 8:07 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001410098-26-000056
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Product sales, net$94,341$39,736$216,257$78,818
Contract revenue4,966-8,048-
Grant income2,624-5,053-
Total Revenue and Grant Income$101,931$39,736$229,358$78,818
Cost of sales (exclusive of amortization of intangibles)14,5051,81026,5103,355
Amortization of intangibles10,3005220,600104
Gross profit$77,126$37,874$182,248$75,359
Operating Expenses:

Item 1. Unaudited Condensed Consolidated Financial Statements.

FAQ

What is CorMedix's total revenue?
CorMedix (CRMD) reported total revenue of $101.93M in Q2 2026.
How has CorMedix's total revenue changed year-over-year?
CorMedix's total revenue increased by 156.5% year-over-year, from $39.74M to $101.93M.
What is the long-term trend for CorMedix's total revenue?
Over 3 years (2021 to 2025), CorMedix's total revenue has grown at a 1077.5% compound annual growth rate (CAGR), from $190.94K to $311.71M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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