electroCore, Inc.ECOREarnings & Financial Report
electroCore, Inc. is a medical technology company based in Basking Ridge, New Jersey. electroCore was co-founded in 2005 by JP Errico, Thomas J. Errico, MD, Charles Theofilos, MD, and Peter Staats, MD. The current chief executive officer is Daniel S. Goldberger. electroCore has one product called gammaCore, a non-invasive, commercially available product that uses vagus nerve stimulation.
ECOR Q3 2025 Key Financial Metrics
Revenue
$8.7M
Gross Profit
$7.5M
Operating Profit
$-2.9M
Net Profit
$-3.4M
Gross Margin
86.0%
Operating Margin
-33.2%
Net Margin
-39.2%
YoY Growth
32.6%
EPS
$-0.40
Financial Flow
electroCore, Inc. Q3 2025 Financial Summary
electroCore, Inc. reported revenue of $8.7M for Q3 2025, with a net profit of $-3.4M (-39.2% margin). Cost of goods sold was $1.2M, operating expenses totaled $10.4M.
Key Financial Metrics
| Total Revenue | $8.7M |
|---|---|
| Net Profit | $-3.4M |
| Gross Margin | 86.0% |
| Operating Margin | -33.2% |
| Report Period | Q3 2025 |
electroCore, Inc. Annual Revenue by Year
electroCore, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $25.2M).
| Year | Annual Revenue |
|---|---|
| 2024 | $25.2M |
| 2023 | $16.0M |
| 2022 | $8.6M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.2M | $5.4M | $6.1M | $6.6M | $7.0M | $6.7M | $7.4M | $8.7M |
| YoY Growth | 102.8% | 95.8% | 72.9% | 45.4% | 35.7% | 23.4% | 20.2% | 32.6% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $16.1M | $13.9M | $22.4M | $21.0M | $20.5M | $16.0M | $14.6M | $21.4M |
| Liabilities | $8.7M | $9.4M | $10.9M | $11.6M | $12.9M | $11.7M | $13.4M | $22.5M |
| Equity | $7.4M | $4.5M | $11.5M | $9.5M | $7.5M | $4.4M | $1.1M | $-1.1M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-3.1M | $-2.6M | $-1.8M | $-1.4M | $-1.3M | $-4.4M | $-623000 | $-1.7M |