NASDAQ:NUWE
Nuwellis, Inc.
Nuwellis, Inc.'s revenue fell 5.4% in fiscal 2025 to $8.3M while operating margin fell to −134.3%. Free cash flow was −$10.9M, −131.8% of revenue, and the diluted share count rose 2083.9%.Summary generated from Nuwellis, Inc.'s SEC filings. Latest annual report filed Mar 11, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$8.3M
Revenue growth−5.4%
Revenue, 5-yr CAGR+2.1%
Gross margin62.0%
Operating margin−134.3%
Net margin−211.9%
ROICn/a
Return on equity−382.9%
Debt / equityn/a
Free cash flow−$10.9M
FCF margin−131.8%
Share count change+2083.9%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 8 | 9 | 9 | 9 | 8 |
| Operating income | −20 | −17 | −18 | −11 | −11 |
| Net income | −20 | −15 | −20 | −11 | −18 |
| Free cash flow | −18 | −15 | −18 | −10 | −11 |
Recent filings
- 8-KRegulation FD disclosure
Aug 26, 2026 - 8-KResults of operations and financial condition
Aug 13, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 13, 2026 - 8-KEntry into a material agreement
Aug 3, 2026 - 8-KResults of a shareholder vote
Jul 24, 2026 - DEF 14AProxy statement
Jul 7, 2026 - 8-KAmendment to articles or bylaws
Jun 24, 2026 - 8-KDirector or officer change
Jun 18, 2026