Nuwellis, Inc.

Nuwellis, Inc.NUWEEarnings & Financial Report

Nasdaq · Health Care · Electromedical & Electrotherapeutic Apparatus

Nuwellis, Inc. is a US-based medical technology firm that develops, manufactures and sells specialized fluid management solutions for clinical use. Its core products serve critical care, nephrology and dialysis segments, with main markets in North America and select European regions, supporting better outcomes for patients with fluid overload.

NUWE Q4 FY2025 Key Financial Metrics

Revenue

$2.4M

Gross Profit

$1.7M

Operating Profit

$-2.4M

Net Profit

$-2.4M

Gross Margin

68.2%

Operating Margin

-100.8%

Net Margin

-99.9%

YoY Growth

4.4%

EPS

$35.73

Nuwellis, Inc. Q4 FY2025 Financial Summary

Nuwellis, Inc. reported revenue of $2.4M (up 4.4% YoY) for Q4 FY2025, with a net profit of $-2.4M (down 65.0% YoY) (-99.9% margin). Cost of goods sold was $770.0K, operating expenses totaled $4.1M.

Key Financial Metrics

Total Revenue$2.4M
Net Profit$-2.4M
Gross Margin68.2%
Operating Margin-100.8%
Report PeriodQ4 FY2025

Nuwellis, Inc. Annual Revenue by Year

Nuwellis, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.3M).

YearAnnual Revenue
2025$8.3Mvs 2024
2024$8.7Mvs 2023
2023$8.9Mvs 2022
2022$8.5M

Nuwellis, Inc. Quarterly Revenue & Net Profit History

Nuwellis, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$2.4M+4.4%$-2.4M-99.9%
Q3 FY2025$2.2M-6.3%$468.0K21.1%
Q2 FY2025$1.7M-21.4%$-12.6M-727.7%
Q1 FY2025$1.9M+2.5%$-3.0M-158.3%
Q4 FY2024$2.3M-9.0%$-1.5M-63.2%
Q3 FY2024$2.4M-1.9%$2.4M99.6%
Q2 FY2024$2.2M+5.7%$-7.7M-352.1%
Q1 FY2024$1.9M+1.7%$-4.3M-233.2%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$1.9M$2.2M$2.4M$2.3M$1.9M$1.7M$2.2M$2.4M
YoY Growth1.7%5.7%-1.9%-9.0%2.5%-21.4%-6.3%4.4%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$6.7M$6.2M$6.7M$9.9M$7.0M$9.2M$8.0M$6.1M
Liabilities$5.8M$13.0M$3.5M$3.3M$3.4M$18.2M$4.1M$3.5M
Equity$885000$-6.8M$3.2M$6.5M$3.6M$-9.0M$3.9M$2.6M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-2.9M$-2.8M$-2.5M$-1.5M$-2.5M$-2.1M$-3.1M$-3.0M