Sanara MedTech Inc.

Sanara MedTech Inc.

SMTIยทNASDAQ

$20.97

-2.1%
HealthcareMedical - Instruments & Supplies

Sanara MedTech Inc. develops, markets, and distributes wound and skin care products to physicians, hospitals, clinics, and post-acute care settings in the United States. It offers CellerateRX Surgical Activated Collagen powder and gel that are used in a range of surgical specialties to help promote patient healing; Biako's Antimicrobial Skin and Wound Cleanser, a patented product that disrupts extracellular polymeric substances to eradicate mature biofilm microbes; Biako's Antimicrobial Wound Gel, an antimicrobial hydrogel wound dressing helps against planktonic microbes, as well as immature and mature biofilms; and Biako's Antimicrobial Skin and Wound Irrigation Solution. The company also provides HYCOL Hydrolyzed Collagen Powder and Gel, a medical hydrolysate of Type I bovine collagen for the management of full and partial thickness wounds, including pressure ulcers, venous and arterial leg ulcers, and diabetic foot ulcers. In addition, it develops FORTIFY TRG, a freeze-dried, multi-layer small intestinal submucosa extracellular matrix sheet; FORTIFY FLOWABLE extracellular matrix, an advanced wound care device; and VIM Amnion Matrix, a single layer sheet of amnion tissue. The company was formerly known as WNDM Medical Inc. and changed its name to Sanara MedTech Inc. in May 2019. Sanara MedTech Inc. was incorporated in 2001 and is based in Fort Worth, Texas.

At a Glance

Live Snapshot
Market Cap$192.17M
EPS-4.3600
P/E Ratio-4.81
Earnings Date08/12/2026
3Y+125.0%
5Y+562.0%
10Y+1772.0%
3Y+373.0%
5Y+762.0%
10Y+8935.0%
3Y-222.0%
5Y-268.0%
10Y+1558.0%
Sanara MedTech Inc.

Sanara MedTech Inc. Profit Bridge

SMTI ยท NASDAQ
Revenue103.12M
Cost of Goods Sold (10.18M)
Gross Profit92.94M
Operating Expenses (83.79M)
Operating Income9.15M
Interest Expense (6.76M)
Other Income/Expense-9.54M
Pretax Income-393.12K
Income Tax (0.00)
Net Income-37.56M
Net Income
-37.56M

Profitability Analysis

Gross Margin

90.1%

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

Operating Margin

8.9%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

-36.4%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

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

Sanara MedTech Inc. Income Statement

SMTI โ€ข NASDAQ

Sanara MedTech Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
103.1M
86.7M
65M
45.8M
24.1M
15.6M
11.8M
5.8M
6.3M
5.5M
3.4M
2.6M
1.7M
1.2M
2.2M
910.4K
288K
290.2K
630.5K
189.8K
GROSS PROFIT
(10.2M)
(8.1M)
(7.9M)
(6.4M)
(2.3M)
(1.6M)
(1.2M)
(507.4K)
(806K)
(943.6K)
(892K)
(803.6K)
(792.8K)
(798.5K)
(799.6K)
(538.3K)
(1.1M)
(417.1K)
(223.2K)
(193.1K)
92.9M
78.5M
57.1M
39.5M
21.8M
14M
10.6M
5.3M
5.5M
4.6M
2.5M
1.8M
933.6K
375K
1.4M
372.1K
-817.2K
-126.9K
407.3K
-3.3K
OPERATING INCOME
(83.8M)
(85.2M)
(61.4M)
(52M)
(29.2M)
(19M)
(13.2M)
(5.8M)
(5.4M)
(4.8M)
(3.4M)
(3.9M)
(3.9M)
(5.8M)
(3.2M)
(3.4M)
(1M)
(1.6M)
(813.1K)
(484.6K)
(78.7M)
(76.6M)
(57M)
(46M)
(28.1M)
(18.7M)
(13.1M)
(5.7M)
(5.3M)
(4.8M)
(3.4M)
(3.8M)
(3.8M)
(3.3M)
(2.7M)
(2.9M)
(900.1K)
(1.6M)
(813.1K)
(484.6K)
(5.1M)
(5.7M)
(4.1M)
(3.4M)
(558.7K)
(40.2K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
9.1M
-6.7M
-4.2M
-12.5M
-7.4M
-5M
-2.6M
-501.9K
120.4K
-272.1K
-965K
-2.1M
-2.9M
-5.4M
-5M
-3.1M
-1.8M
-1.8M
-405.7K
-487.9K
PRE-TAX INCOME
(6.8M)
(3.1M)
(475.8K)
(284.7K)
(711.0)
(11.5K)
(105.9K)
(86.6K)
(126.8K)
(174.5K)
(176.9K)
(293.9K)
(1.8M)
(1.2M)
(262.3K)
(801.8K)
(473.3K)
(14.4K)
(137K)
(135.7K)
-6.8M
-3.1M
-475.8K
0.0
-711.0
-11.5K
-105.9K
-86.6K
-126.8K
-174.5K
-176.9K
-293.8K
-1.8M
-1.1M
-6.5M
-644.1K
-460.5K
-14.4K
-137K
-135.7K
(0.0)
(3M)
(225.1K)
(2.7M)
(597K)
(291.4K)
(120K)
-22.1K
(125.0)
(21.0)
(60K)
(56.4K)
(202K)
(2.5M)
(470.6K)
(510K)
(124.8K)
(0.0)
(0.0)
(0.0)
-9.5M
-3.2M
-224.7K
-1.4M
-617.6K
589.5K
-95.7K
-98.7K
210.9K
-143.6K
-375.5K
-215.6K
-1.2M
3.6M
-7.7M
-2.1M
-460.5K
-14.4K
-137K
-135.7K
-393.1K
-9.9M
-4.4M
-13.9M
-8M
-4.4M
-2.8M
-600.6K
331.3K
-415.7K
-1.3M
-2.3M
-4.1M
-1.8M
-12.7M
-5.1M
-2.3M
-1.8M
-542.8K
-623.6K
NET INCOME
(0.0)
(0.0)
(0.0)
-5.8M
(0.0)
(0.0)
(94.4K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-3.7M
(0.0)
(0.0)
(0.0)
(14.4K)
(0.0)
(0.0)
-37.6M
-9.7M
-4.3M
-7.9M
-7.9M
-4.4M
-2.8M
-600.6K
331.3K
-415.7K
-1.3M
-2.3M
-4.1M
-1.8M
-12.7M
-5.1M
-2.3M
-1.8M
-542.8K
-623.6K

SEC Filings

SMTI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 12, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 11, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 17, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 24, 2026
March 24, 2026
2026
10-K

10-K 2025 FY

FY

March 24, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 02, 2026
March 02, 2026
2026
8-K

8-K 2026

N/A

January 23, 2026
January 23, 2026
2026
8-K

8-K 2025

N/A

November 26, 2025
November 25, 2025
2025
8-K

8-K 2025

N/A

November 12, 2025
November 11, 2025
2025
8-K

8-K 2025

N/A

November 12, 2025
November 12, 2025
2025
Showing 1 to 10 of 288 filings