Nephros, Inc.

Nephros, Inc.

NEPHยทNASDAQ

$4.94

-2.0%
HealthcareMedical - Instruments & Supplies

Nephros, Inc. develops and sells high performance water solutions to the medical and commercial markets in the United States. The company operates in three segments: Water Filtration, Pathogen Detection, and Renal Products. It offers ultrafiltration products that are used in dialysis centers for the removal of biological contaminants from water and bicarbonate concentrate; and in hospitals for the prevention of infection from waterborne pathogens, such as legionella and pseudomonas, as well as in military and outdoor recreation, commercial, and other healthcare facilities. The company also develops and sells real-time water testing systems to provide actionable data on waterborne pathogens; and medical device products for patients with renal disease, including a 2nd generation hemodiafiltration system for the treatment of patients with end stage renal disease. In addition, it offers water filters that improve the taste and odor of water, as well as reduce biofilm, bacteria, and scale build-up in downstream equipment under the Nephros and AETHER brands for the food service, hospitality, convenience store, and health care markets. The company was incorporated in 1997 and is headquartered in South Orange, New Jersey.

At a Glance

Live Snapshot
Market Cap$52.50M
EPS0.0070
P/E Ratio209.08
Earnings Date03/04/2026
3Y+39.0%
5Y+37.0%
10Y+628.0%
3Y-102.0%
5Y-102.0%
10Y-102.0%
3Y-65.0%
5Y-78.0%
10Y-87.0%
Nephros, Inc.

Nephros, Inc. Profit Bridge

NEPH ยท NASDAQ
Revenue14.16M
Cost of Goods Sold (5.44M)
Gross Profit8.72M
Operating Expenses (8.72M)
Operating Income6.00K
Interest Expense (1.00K)
Other Income/Expense83.00K
Pretax Income89.00K
Income Tax (15.00K)
Net Income74.00K
Net Income
74.00K

Profitability Analysis

Gross Margin

61.6%

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

Operating Margin

0.0%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

0.5%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

16.9%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Nephros, Inc. Income Statement

NEPH โ€ข NASDAQ

Nephros, Inc. Income StatementDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006Dec 2005
REVENUE
14.2M
14.2M
10M
10.2M
8.6M
10.3M
5.7M
3.8M
2.3M
1.9M
1.7M
1.7M
1.8M
2.2M
2.9M
2.7M
1.5M
1.2M
793.5K
2.4M
GROSS PROFIT
(5.4M)
(5.8M)
(5.2M)
(4.6M)
(3.6M)
(4.3M)
(2.5M)
(1.5M)
(1M)
(884K)
(549K)
(898K)
(737K)
(1.3M)
(1.8M)
(1.7M)
(1.1M)
(876K)
(943.7K)
(379.5K)
8.7M
8.4M
4.7M
5.6M
4.9M
6.1M
3.2M
2.3M
1.3M
1.1M
1.2M
842K
1.1M
868K
1.1M
917K
409K
320K
-150.2K
2M
OPERATING INCOME
(8.7M)
(10M)
(9.1M)
(8.9M)
(9.2M)
(9.4M)
(6.2M)
(4.5M)
(4.2M)
(4.5M)
(3.9M)
(4.2M)
(4.4M)
(3.2M)
(3M)
(3.3M)
(7.1M)
(7.8M)
(7.9M)
(8.4M)
(7.7M)
(8.9M)
(7.6M)
(7.2M)
(6.5M)
(6.1M)
(4.5M)
(3.3M)
(2.9M)
(3.4M)
(2.9M)
(3.1M)
(3.6M)
(2.6M)
(2.5M)
(2.8M)
(4.7M)
(5.5M)
(5.7M)
(6.6M)
(906K)
(873K)
(1.3M)
(1.5M)
(2.8M)
(3.1M)
(1.5M)
(1M)
(1.1M)
(826K)
(781K)
(826K)
(632K)
(451K)
(362K)
(280K)
(2M)
(1.9M)
(1.8M)
(1.8M)
6K
-1.6M
-4.3M
-3.3M
-4.3M
-3.3M
-3M
-2.2M
-2.9M
-3.4M
-2.7M
-3.3M
-3.3M
-2.3M
-1.9M
-2.4M
-6.7M
-7.5M
-8M
-6.3M
PRE-TAX INCOME
(1K)
(2K)
(20K)
(41K)
(110K)
(195K)
(172K)
(302K)
(172K)
(42K)
(483K)
(351K)
(0.0)
(12K)
(15K)
(2K)
(0.0)
(535K)
(195.1K)
(0.0)
93K
62K
-6K
-31K
-99K
-195K
-168K
-298K
-167K
-42K
-483K
-351K
2K
-8K
-14K
7K
199K
-397K
16.8K
233.2K
(135K)
(214K)
(218K)
(192K)
-37K
(186K)
-35K
(218K)
(230K)
(212K)
(217K)
(223K)
(151K)
(91K)
(129K)
(231K)
(447K)
(337K)
(319.2K)
(0.0)
83K
18K
58K
468K
-251K
0.0
-402K
-372K
-163K
333K
-4.7M
-381K
71K
-50K
-44K
380K
380K
-18.9M
18.7K
856.3K
89K
-1.6M
-4.3M
-2.8M
-4.5M
-3.4M
-3.4M
-2.6M
-3M
-3.1M
-7.4M
-3.7M
-3.3M
-2.4M
-1.9M
-2M
-6.3M
-26.4M
-8M
-5.5M
NET INCOME
(15K)
(0.0)
(0.0)
(0.0)
(0.0)
-225K
-93K
-1.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-18.7K
(0.0)
74K
-1.6M
-7.4M
-4.1M
-4.8M
-3.2M
-3.4M
-809K
-3M
-3.1M
-7.4M
-3.7M
-3.3M
-2.4M
-1.9M
-2M
-6.3M
-26.4M
-8M
-5.5M

SEC Filings

NEPH - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2025

N/A

November 26, 2025
November 21, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

August 11, 2025
August 07, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 07, 2025
June 30, 2025
2025
8-K

8-K 2025

N/A

June 16, 2025
June 16, 2025
2025
10-Q

10-Q 2025 Q1

Q1

May 15, 2025
March 31, 2025
2025
8-K

8-K 2025

N/A

May 08, 2025
May 08, 2025
2025
DEF 14A

DEF 14A 2025

N/A

April 30, 2025
April 30, 2025
2025
8-K

8-K 2025

N/A

April 28, 2025
April 23, 2025
2025
8-K

8-K 2025

N/A

April 01, 2025
March 31, 2025
2025
Showing 1 to 10 of 354 filings