CorMedix Inc.

CorMedix Inc.

CRMDยทNASDAQ

$8.23

+0.73%
HealthcareBiotechnology

CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases in the United States and internationally. Its lead product candidate is DefenCath/Neutrolin, a novel anti-infective solution for the reduction and prevention of catheter-related infections and thrombosis in patients requiring central venous catheters in clinical settings, such as hemodialysis, total parenteral nutrition, and oncology. The company was formerly known as Picton Holding Company, Inc. and changed its name to CorMedix, Inc. in January 2007. CorMedix Inc. was incorporated in 2006 and is based in Berkeley Heights, New Jersey.

At a Glance

Live Snapshot
Market Cap$645.66M
EPS2.2500
P/E Ratio3.66
Earnings Date08/06/2026
3Y+476461.0%
5Y+130196.0%
10Y+138991.0%
3Y-649.0%
5Y-840.0%
10Y-762.0%
3Y-819.0%
5Y-897.0%
10Y-886.0%
CorMedix Inc.

CorMedix Inc. Profit Bridge

CRMD ยท NASDAQ
Revenue311.71M
Cost of Goods Sold (35.96M)
Gross Profit275.75M
Operating Expenses (125.61M)
Operating Income150.14M
Interest Expense (2.78M)
Other Income/Expense-125.00K
Pretax Income150.02M
Income Tax (-13.04M)
Net Income163.06M
Net Income
163.06M

Profitability Analysis

Gross Margin

88.5%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

48.2%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

52.3%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

-8.7%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

CorMedix Inc. Income Statement

CRMD โ€ข NASDAQ

CorMedix Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008
REVENUE
311.7M
43.5M
0.0
65.4K
190.9K
239.2K
283.3K
429.8K
329.3K
224.1K
210.1K
189.3K
2K
0.0
0.0
0.0
0.0
0.0
GROSS PROFIT
(36M)
(3.2M)
(205.6K)
(3.7K)
(148.9K)
(204.8K)
(373.2K)
(396.8K)
(115K)
(366.7K)
(318.7K)
(445.8K)
(201.6K)
(0.0)
(0.0)
(0.0)
(0.0)
(1M)
275.7M
40.3M
-205.6K
61.7K
42K
34.4K
-90K
33K
214.4K
-142.6K
-108.6K
-256.5K
-199.6K
0.0
0.0
0.0
0.0
-1M
OPERATING INCOME
(125.6M)
(62.6M)
(48.8M)
(30.7M)
(29.5M)
(27.3M)
(20.9M)
(26.9M)
(33.1M)
(24.6M)
(16.5M)
(8.6M)
(4.7M)
(3M)
(7.2M)
(8.5M)
(6.1M)
(3.8M)
(30.2M)
(58.7M)
(35.6M)
(20M)
(16.3M)
(13.9M)
(9.9M)
(8.1M)
(8.7M)
(8.9M)
(10.3M)
(7.3M)
(3.5M)
(1.9M)
(3.1M)
(3M)
(1.2M)
(691.9K)
(19.3M)
(3.9M)
(13.2M)
(10.7M)
(13.1M)
(13.4M)
(11.1M)
(18.8M)
(24.5M)
(15.7M)
(6.3M)
(1.3M)
(1.2M)
(1.2M)
(4.1M)
(5.5M)
(4.9M)
(3.1M)
150.1M
-22.4M
-49M
-30.6M
-29.4M
-27.2M
-21M
-26.9M
-32.9M
-24.8M
-16.7M
-8.9M
-4.9M
-3M
-7.2M
-8.5M
-6.1M
-4.8M
PRE-TAX INCOME
(2.8M)
(36.4K)
(0.0)
(26.5K)
(15.9K)
(33.2K)
(787.5K)
(1.9K)
(5.6K)
(1.3K)
(4K)
(2.1K)
(1.4M)
(382.9K)
(12K)
(3.1M)
(2.1M)
(4.2M)
1.1M
2.5M
2.7M
299.5K
-1.5K
82.8K
-464.8K
34.7K
105.1K
125.5K
56.4K
627.0
-1.4M
-381K
0.0
-3.1M
-2.1M
-4.2M
(76.1M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-4.5K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-125K
3M
2.6M
336.6K
-22.8K
23.7K
-486K
34.6K
-85.8K
117.3K
-1.5M
-11.6M
-4.2M
-381K
41.9K
-2.7M
-2.1M
-4.2M
150M
-19.3M
-46.3M
-30.3M
-29.5M
-27.2M
-21.5M
-26.8M
-33M
-24.6M
-18.2M
-20.5M
-9.1M
-3.4M
-7.2M
-11.2M
-8.1M
-9M
NET INCOME
-13M
-1.4M
(0.0)
-585.6K
-1.3M
-5.2M
-5.1M
(36.4K)
-31.3K
(1.3K)
(4K)
(2.1K)
(0.0)
(2K)
-493.9K
-280.9K
(2.1K)
(0.0)
163.1M
-17.9M
-46.3M
-29.7M
-28.2M
-22M
-16.4M
-26.8M
-33M
-24.6M
-18.2M
-20.5M
-9.1M
-3.4M
-6.7M
-10.9M
-8.1M
-9M

SEC Filings

CRMD - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 14, 2026
May 14, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 14, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 29, 2026
June 23, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
8-K

8-K 2026

N/A

March 06, 2026
March 06, 2026
2026
10-K

10-K 2025 FY

FY

March 05, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 05, 2026
March 05, 2026
2026
8-K

8-K 2026

N/A

January 08, 2026
January 05, 2026
2026
8-K

8-K 2025

N/A

November 12, 2025
November 12, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 12, 2025
September 30, 2025
2025
Showing 1 to 10 of 409 filings