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Side-by-side financial comparison of Electromed, Inc. (ELMD) and SOLESENCE, INC. (SLSN). Click either name above to swap in a different company.

Electromed, Inc. is the larger business by last-quarter revenue ($18.9M vs $12.5M, roughly 1.5× SOLESENCE, INC.). Electromed, Inc. runs the higher net margin — 14.6% vs 1.3%, a 13.3% gap on every dollar of revenue. On growth, Electromed, Inc. posted the faster year-over-year revenue change (16.3% vs -0.7%). Over the past eight quarters, Electromed, Inc.'s revenue compounded faster (16.7% CAGR vs 12.5%).

Electromed, Inc. is a specialized medical device firm developing, manufacturing, and distributing advanced respiratory care products. Its core offerings are high-frequency chest wall oscillation systems that clear airway secretions for patients with cystic fibrosis, COPD and other respiratory conditions, serving U.S. home care and clinical customers.

ELMD vs SLSN — Head-to-Head

Bigger by revenue
ELMD
ELMD
1.5× larger
ELMD
$18.9M
$12.5M
SLSN
Growing faster (revenue YoY)
ELMD
ELMD
+16.9% gap
ELMD
16.3%
-0.7%
SLSN
Higher net margin
ELMD
ELMD
13.3% more per $
ELMD
14.6%
1.3%
SLSN
Faster 2-yr revenue CAGR
ELMD
ELMD
Annualised
ELMD
16.7%
12.5%
SLSN

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ELMD
ELMD
SLSN
SLSN
Revenue
$18.9M
$12.5M
Net Profit
$2.8M
$163.0K
Gross Margin
78.4%
27.5%
Operating Margin
19.2%
1.5%
Net Margin
14.6%
1.3%
Revenue YoY
16.3%
-0.7%
Net Profit YoY
40.3%
129.2%
EPS (diluted)
$0.32
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ELMD
ELMD
SLSN
SLSN
Q4 25
$18.9M
$12.5M
Q3 25
$16.9M
$14.6M
Q2 25
$17.4M
$20.4M
Q1 25
$15.7M
$14.6M
Q4 24
$16.3M
$12.6M
Q3 24
$14.7M
$16.9M
Q2 24
$14.8M
$13.0M
Q1 24
$13.9M
$9.9M
Net Profit
ELMD
ELMD
SLSN
SLSN
Q4 25
$2.8M
$163.0K
Q3 25
$2.1M
$-1.1M
Q2 25
$2.2M
$2.7M
Q1 25
$1.9M
$80.0K
Q4 24
$2.0M
$-559.0K
Q3 24
$1.5M
$3.0M
Q2 24
$1.8M
$856.0K
Q1 24
$1.5M
$893.0K
Gross Margin
ELMD
ELMD
SLSN
SLSN
Q4 25
78.4%
27.5%
Q3 25
78.1%
23.1%
Q2 25
78.3%
28.9%
Q1 25
78.0%
23.1%
Q4 24
77.7%
22.0%
Q3 24
78.3%
36.2%
Q2 24
76.2%
28.7%
Q1 24
74.8%
36.3%
Operating Margin
ELMD
ELMD
SLSN
SLSN
Q4 25
19.2%
1.5%
Q3 25
15.8%
-5.4%
Q2 25
17.5%
9.4%
Q1 25
13.6%
1.8%
Q4 24
15.6%
-1.8%
Q3 24
13.2%
19.0%
Q2 24
15.7%
8.0%
Q1 24
13.3%
11.3%
Net Margin
ELMD
ELMD
SLSN
SLSN
Q4 25
14.6%
1.3%
Q3 25
12.6%
-7.7%
Q2 25
12.7%
13.1%
Q1 25
12.1%
0.5%
Q4 24
12.1%
-4.4%
Q3 24
10.0%
18.1%
Q2 24
12.3%
6.6%
Q1 24
10.8%
9.0%
EPS (diluted)
ELMD
ELMD
SLSN
SLSN
Q4 25
$0.32
$0.00
Q3 25
$0.25
$-0.02
Q2 25
$0.26
$0.04
Q1 25
$0.21
$0.00
Q4 24
$0.22
$0.00
Q3 24
$0.16
$0.04
Q2 24
$0.20
$0.01
Q1 24
$0.17
$0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ELMD
ELMD
SLSN
SLSN
Cash + ST InvestmentsLiquidity on hand
$13.8M
$1.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$45.4M
$17.6M
Total Assets
$54.9M
$50.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELMD
ELMD
SLSN
SLSN
Q4 25
$13.8M
$1.3M
Q3 25
$14.1M
$429.0K
Q2 25
$15.3M
$4.1M
Q1 25
$15.2M
$1.8M
Q4 24
$16.2M
$1.4M
Q3 24
$13.9M
$2.9M
Q2 24
$16.1M
$2.4M
Q1 24
$11.7M
$2.0M
Stockholders' Equity
ELMD
ELMD
SLSN
SLSN
Q4 25
$45.4M
$17.6M
Q3 25
$44.7M
$17.2M
Q2 25
$43.2M
$18.2M
Q1 25
$43.9M
$15.2M
Q4 24
$43.6M
$14.9M
Q3 24
$41.5M
$15.2M
Q2 24
$44.5M
$11.9M
Q1 24
$42.5M
$5.0M
Total Assets
ELMD
ELMD
SLSN
SLSN
Q4 25
$54.9M
$50.1M
Q3 25
$53.6M
$54.0M
Q2 25
$53.8M
$60.0M
Q1 25
$52.5M
$57.0M
Q4 24
$52.3M
$50.0M
Q3 24
$48.9M
$48.0M
Q2 24
$52.2M
$40.8M
Q1 24
$48.9M
$38.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ELMD
ELMD
SLSN
SLSN
Operating Cash FlowLast quarter
$3.0M
$1.8M
Free Cash FlowOCF − Capex
$2.4M
FCF MarginFCF / Revenue
12.7%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
1.10×
11.16×
TTM Free Cash FlowTrailing 4 quarters
$7.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELMD
ELMD
SLSN
SLSN
Q4 25
$3.0M
$1.8M
Q3 25
$169.0K
$-2.5M
Q2 25
$3.9M
$-654.0K
Q1 25
$2.1M
$-7.2M
Q4 24
$3.2M
$2.2M
Q3 24
$2.3M
$4.2M
Q2 24
$4.5M
$-565.0K
Q1 24
$1.4M
$-3.9M
Free Cash Flow
ELMD
ELMD
SLSN
SLSN
Q4 25
$2.4M
Q3 25
$-83.0K
Q2 25
$3.7M
Q1 25
$1.9M
Q4 24
$2.9M
$-404.0K
Q3 24
$2.3M
$2.8M
Q2 24
$4.5M
$-1.0M
Q1 24
$1.3M
$-3.9M
FCF Margin
ELMD
ELMD
SLSN
SLSN
Q4 25
12.7%
Q3 25
-0.5%
Q2 25
21.4%
Q1 25
12.2%
Q4 24
18.0%
-3.2%
Q3 24
15.5%
16.6%
Q2 24
30.1%
-8.0%
Q1 24
9.1%
-39.9%
Capex Intensity
ELMD
ELMD
SLSN
SLSN
Q4 25
3.4%
Q3 25
1.5%
Q2 25
0.8%
Q1 25
1.0%
Q4 24
1.4%
20.6%
Q3 24
0.3%
8.3%
Q2 24
0.1%
3.7%
Q1 24
0.6%
0.9%
Cash Conversion
ELMD
ELMD
SLSN
SLSN
Q4 25
1.10×
11.16×
Q3 25
0.08×
Q2 25
1.75×
-0.25×
Q1 25
1.10×
-90.26×
Q4 24
1.60×
Q3 24
1.57×
1.38×
Q2 24
2.46×
-0.66×
Q1 24
0.90×
-4.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ELMD
ELMD

Homecare$17.3M91%
Other$1.6M9%

SLSN
SLSN

Segment breakdown not available.

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