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NASDAQ:CRMD

CorMedix Inc.

CorMedix Inc.'s revenue grew 617.0% in fiscal 2025 to $311.7M while operating margin rose to 48.2%. Free cash flow was $172.8M, 55.4% of revenue, and the diluted share count rose 36.4%.Summary generated from CorMedix Inc.'s SEC filings. Latest annual report filed Mar 5, 2026.

Revenue (FY25)$311.7M
Revenue growth+617.0%
Revenue, 5-yr CAGR+319.7%
Gross margin88.5%
Operating margin48.2%
Net margin52.3%
ROICn/a
Return on equity66.6%
Debt / equityn/a
Free cash flow$172.8M
FCF margin55.4%
Share count change+36.4%

Financials

Fiscal years, $M
Item20212022202320242025
Revenue00n/a43312
Operating income−29−31−49−22150
Net income−28−30−46−18163
Free cash flow−23−25−39−51173

Recent filings

From SEC EDGAR

Peers

Pharmaceutical preparations