SANUWAVE Health, Inc.

SANUWAVE Health, Inc.

SNWVยทNASDAQ

$15.60

+1.3%
HealthcareMedical - Devices

SANUWAVE Health, Inc., a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, musculoskeletal, and vascular structures. The company's lead regenerative product is the dermaPACE device for treating diabetic foot ulcers. Its portfolio of healthcare products and product candidates activate biologic signaling and angiogenic responses, including new vascularization and microcirculatory improvement, which helps to restore the body's normal healing processes and regeneration. The company also focuses on applying its Pulsed Acoustic Cellular Expression technology in wound healing, orthopedic, plastic/cosmetic, and cardiac conditions. In addition, it offers UltraMIST, non-contact and non-thermal ultrasound therapy device used to treat diabetic foot ulcers, pressure ulcers, venous leg ulcers, deep tissue pressure injuries, and surgical wounds; and orthoPACE system to treat tendinopathies and acute and nonunion fractures. The company was founded in 2005 and is headquartered in Suwanee, Georgia.

At a Glance

Live Snapshot
Market Cap$134.14M
EPS1.3800
P/E Ratio11.30
Earnings Date08/14/2026
3Y+163.0%
5Y+986.0%
10Y+3101.0%
3Y-215.0%
5Y-138.0%
10Y-283.0%
3Y-123.0%
5Y-130.0%
10Y-221.0%
SANUWAVE Health, Inc.

SANUWAVE Health, Inc. Profit Bridge

SNWV ยท NASDAQ
Revenue44.05M
Cost of Goods Sold (10.96M)
Gross Profit33.09M
Operating Expenses (28.14M)
Operating Income4.95M
Interest Expense (6.25M)
Other Income/Expense6.95M
Pretax Income11.90M
Income Tax (86.00K)
Net Income11.81M
Net Income
11.81M

Profitability Analysis

Gross Margin

75.1%

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

Operating Margin

11.2%

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

Net Profit Margin

26.8%

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

Effective Tax Rate

0.7%

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

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

SANUWAVE Health, Inc. Income Statement

SNWV โ€ข NASDAQ

SANUWAVE Health, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
44.1M
32.6M
20.4M
16.7M
13M
4.1M
1M
1.9M
738.5K
1.4M
965.5K
847.4K
800K
769.2K
802.6K
728.4K
660.7K
0.0
0.0
0.0
GROSS PROFIT
(11M)
(8.1M)
(6M)
(4.3M)
(5M)
(1.2M)
(538.9K)
(693.7K)
(242K)
(565.1K)
(285K)
(220K)
(189.8K)
(220.3K)
(261.9K)
(250.3K)
(225.8K)
(0.0)
(0.0)
(0.0)
33.1M
24.6M
14.4M
12.4M
8M
2.9M
489.8K
1.2M
496.6K
810.9K
680.5K
627.4K
610.2K
549K
540.7K
478.1K
434.9K
0.0
0.0
0.0
OPERATING INCOME
(28.1M)
(19.1M)
(14.9M)
(21.4M)
(22.2M)
(28.1M)
(9.3M)
(8.3M)
(4.3M)
(4.1M)
(5.2M)
(6.6M)
(6.6M)
(6.6M)
(9.3M)
(12.1M)
(9.1M)
(26.2K)
(34.1K)
(13.3K)
(26.8M)
(17.7M)
(13.6M)
(20M)
(20.3M)
(18.9M)
(8M)
(7.3M)
(3M)
(2.7M)
(2.7M)
(3.3M)
(4M)
(4.5M)
(6.3M)
(7.1M)
(5M)
(26.2K)
(34.1K)
(13.3K)
(1.4M)
(673K)
(579K)
(567K)
(1.1M)
(1.2M)
(1.2M)
(1.7M)
(1.3M)
(1.1M)
(2.2M)
(3M)
(2.3M)
(1.8M)
(2.7M)
(3.9M)
(3.4M)
(0.0)
(0.0)
(0.0)
4.9M
5.4M
-540K
-9M
-14.1M
-25.2M
-8.8M
-7.2M
-3.8M
-3.3M
-4.4M
-6M
-6M
-6.1M
-8.8M
-11.8M
-8.7M
-26.2K
-34.1K
-13.3K
PRE-TAX INCOME
(6.2M)
(13.6M)
(15.6M)
(14.1M)
(7.1M)
(2.5M)
(1.8M)
(4.5M)
(1.1M)
(0.0)
(0.0)
(440.9K)
(2.5M)
(331.7K)
(472.2K)
(961.6K)
(739.8K)
(1.8K)
(35.0)
(240.0)
-6.2M
-13.6M
-15.6M
-14.1M
-7.1M
-2.5M
-1.8M
-4.5M
-1.1M
-855K
-399.8K
-453.7K
-2.5M
-331.7K
-472.2K
-961.6K
-739.8K
-306.8K
0.0
0.0
(0.0)
(789K)
(752K)
(766K)
(784K)
(8M)
(71.2K)
(10K)
(0.0)
(326.6K)
(310.4K)
(321K)
(326.3K)
(327.1K)
(325.8K)
(1.1M)
(671.9K)
(0.0)
(0.0)
(0.0)
7M
-36.8M
-25.3M
-1.3M
-13.1M
-5.7M
-1.6M
-4.5M
-1.7M
-3.1M
-372.5K
-10.6K
-6M
-339.2K
-1.4M
-3.4M
-536.2K
-359.4K
-35.0
36.9K
11.9M
-31.3M
-25.8M
-10.3M
-27.2M
-30.9M
-10.4M
-11.6M
-5.5M
-6.4M
-4.8M
-6M
-12M
-6.4M
-10.2M
-15.2M
-9.2M
-28.1K
-34.1K
23.6K
NET INCOME
(86K)
(27K)
(4K)
(2K)
(28K)
(0.0)
(1.8M)
(45K)
(0.0)
(3.1M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-240K
-1.2M
-1.5K
(1.6K)
(1.6K)
11.8M
-31.4M
-25.8M
-10.3M
-27.3M
-30.9M
-10.4M
-11.6M
-5.5M
-6.4M
-4.8M
-6M
-11.3M
-6.4M
-10.2M
-14.9M
-6.2M
-26.6K
-35.7K
22K

SEC Filings

SNWV - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 12, 2026
May 12, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 12, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 29, 2026
June 11, 2026
2026
8-K

8-K 2026

N/A

April 16, 2026
April 16, 2026
2026
8-K

8-K 2026

N/A

March 26, 2026
March 26, 2026
2026
10-K

10-K 2025 FY

FY

March 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 13, 2026
March 13, 2026
2026
8-K/A

8-K/A 2025 (Amended)

N/A

January 15, 2026
August 19, 2025
2025
8-K

8-K 2025

N/A

November 07, 2025
November 07, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
Showing 1 to 10 of 326 filings