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KORU Medical Systems

KRMD

KORU Medical Systems develops and commercializes innovative, patient-centric subcutaneous infusion solutions for large-volume drug delivery.

Market cap
$187.41M+16.4%
Revenue$43.3M+23.3%
Net income-$2.3M+57.0%
Free cash flow-$3.2M-43.5%
EPS (diluted)-$0.11+47.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$11.6M
EPS estimate-$0.02

Financials

Q1 2026

Income statement

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Revenue$11.8M+22.1%
Gross profit$7.2M+19.6%
Operating income-$864.9K+30.5%
Net income-$807.1K+30.8%
EPS (diluted)-$0.02+33.3%

Balance sheet

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Cash & equivalents$8.8M+0.4%
Total debt$3.5M-2.8%
Total equity$16.9M+3.5%
Total assets$28.6M+5.1%

Cash flow

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Operating cash flow$14.7K+106%
CapEx$46.2K-89.6%
Free cash flow-$31.5K+95.4%

Valuation & ratios

Valuation

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Market cap$187.41M+16.4%
Enterprise value$182.13M+19.2%
P/S4.3×+0.1×

Profitability

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Gross margin61.9%-1.6pp
Operating margin-6%-2.3pp
Net margin-5.3%-2.1pp

Returns & leverage

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Return on equity-13.7%-4.8pp
Debt / equity0.2×0.0×
Current ratio2.3×-0.1×

Competitors

Profile

KORU Medical Systems develops and commercializes innovative, patient-centric subcutaneous infusion solutions for large-volume drug delivery. The company specializes in mechanical infusion systems that enable patients to self-administer life-saving therapies, such as immunoglobulin, in home or alternate site settings. Its core value proposition centers on improving patient quality of life through portable, easy-to-use, and cost-effective alternatives to intravenous hospital-based treatments.

Competitive position

KORU is a leading provider of large-volume subcutaneous infusion systems and maintains the market-leading delivery system in the U.S. for SCIg treatments.

GeographiesUnited States, Canada, International
Customer segmentsSpecialty Pharmacy, Biopharmaceutical, Home Healthcare
Business modelManufacturing, B2B, Professional Services
SuppliersSingle-source component suppliers, Contract manufacturing organizations, Raw material providers
CustomersSpecialty pharmacies, Medical device distributors, Biopharmaceutical manufacturers, Home infusion providers
Listed1996
Employees82.0
CEOAdam Kalbermatten
FilingsSEC EDGAR

Questions, answered.

What is KORU Medical Systems's market cap?
KORU Medical Systems (KRMD) has a market capitalization of $187.4M and trades on NASDAQ.
What is KORU Medical Systems's revenue and profitability?
KORU Medical Systems generated $43.3M in trailing twelve-month revenue with a net loss of $2.3M, representing a net margin of -5.3%. Gross margin stands at 61.9%, with free cash flow of -$3.2M. These figures are based on the Q1 2026 filing.
Who are KORU Medical Systems's competitors?
KORU Medical Systems's key competitors include Baxter International Inc., Becton, Dickinson and Company, Scienture Holdings, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does KORU Medical Systems partner with?
KORU Medical Systems's notable partners include Command Medical Products, Inc., CSL Behring, Takeda Pharmaceutical Company, and others.
Where is KORU Medical Systems headquartered?
KORU Medical Systems is headquartered in United States of America and employs approximately 82 people. It has been publicly traded since 1996.