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NASDAQ · Health care

CorMedix Inc. (CRMD)

CorMedix Inc. brought in $462.2M of revenue over the twelve months to June 30, 2026. Net income was $187.2M, a net margin of 40.5%. Operating cash flow minus capital spending left $172.8M of free cash flow in fiscal 2025. At June 30, 2026 it held $256.7M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 13, 2026.

Revenue (last 12 months)
$462.2M
Net margin
40.5%

What CorMedix Inc. does

CorMedix Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker CRMD.

Revenue and profit by year

Revenue
FY18: $429.8K $429.8K FY18FY19: $283.3K $283.3K FY19FY20: $239.2K $239.2K FY20FY21: $190.9K $190.9K FY21FY22: $65.4K $65.4K FY22FY24: $43.5M $43.5M FY24FY25: $311.7M $311.7M FY25
Net income
FY18: -$26.8M -$26.8M FY18FY19: -$16.4M -$16.4M FY19FY20: -$22M -$22M FY20FY21: -$28.2M -$28.2M FY21FY22: -$29.7M -$29.7M FY22FY23: -$46.3M -$46.3M FY23FY24: -$17.9M -$17.9M FY24FY25: $163.1M $163.1M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$311.7M$150.1M$163.1M$2.04$172.8M
2024$43.5M-$22.4M-$17.9M-$0.30-$50.7M
2023n/a-$49M-$46.3M-$0.91-$38.7M
2022$65.4K-$30.6M-$29.7M-$0.74-$24.6M
2021$190.9K-$29.4M-$28.2M-$0.75-$22.6M
2020$239.2K-$27.2M-$22M-$0.77-$22.1M
Next report expected around October 9, 2026.

Estimated from its filing rhythm: about 57 days after its last report of August 13, 2026, its usual gap. Not a date the company has announced. See the report calendar

Where CRMD ranks in Health care

Revenue$311.7M
#219 of 523 in Health care · Top 42%
Revenue growth+617.0%
#15 of 437 in Health care · Top 3%
Net margin52.3%
#11 of 447 in Health care · Top 2%
Free cash flow margin55.4%
#4 of 408 in Health care · Top 1%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What CorMedix Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 13, 2026
    Quarterly report 10-Q · period to June 30, 2026
  2. August 13, 2026
  3. August 7, 2026
  4. July 2, 2026
  5. July 1, 2026
  6. June 25, 2026
  7. June 24, 2026
  8. June 12, 2026
  9. June 12, 2026
  10. June 8, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 18, 2026. Insider transactions on SEC

What is CRMD worth? A DCF from its reported cash flow

Insider trades

What the people running CorMedix Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 4 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
September 18, 2026 Dillione JanetDirector Exercised options 48,909 - - Form 4
August 29, 2026 Zelnick Kaufman BethChief Legal Officer Shares withheld for tax 8,424 $8.30 $69.9K Form 4
August 29, 2026 Hurlburt ElizabethChief Operating Officer Shares withheld for tax 8,076 $8.30 $67K Form 4
August 29, 2026 Blum SusanChief Financial Officer Shares withheld for tax 8,424 $8.30 $69.9K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about CRMD

What does CorMedix Inc. do?

CorMedix Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker CRMD.

Is CorMedix Inc. profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $187.2M on revenue of $462.2M, a net margin of 40.5%.

How much revenue does CorMedix Inc. make?

Over the twelve months to June 30, 2026 CorMedix Inc. reported revenue of $462.2M.

When did CorMedix Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 13, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 18, 2026.

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Where the numbers come from

Financial figures are the values CorMedix Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.