NUWE
Nuwellis Inc
NASDAQ: NUWE · HEALTHCARE · MEDICAL DEVICES
$1.11
+0.00% today
Updated 2026-04-29
Market cap
$3.06M
P/E ratio
—
P/S ratio
0.37x
EPS (TTM)
$-25.39
Dividend yield
—
52W range
$1 – $45
Volume
0.1M
Nuwellis Inc (NUWE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.73M | $422040.00 | $108302.00 | $400025.00 | $400025.00 | — | — | $59000.00 | $295000.00 | $59000.00 | $1.29M | $3.55M | $5.00M | $5.51M | $7.44M | $7.92M | $8.54M | $8.86M | $8.74M | $8.27M |
| Revenue growth (YoY) | — | -84.6% | -74.3% | +269.4% | +0.0% | -100.0% | — | — | +400.0% | -80.0% | +2084.7% | +175.6% | +40.7% | +10.3% | +35.0% | +6.5% | +7.9% | +3.8% | -1.4% | -5.4% |
| Cost of revenue | — | — | — | — | — | — | — | — | — | $325000.00 | $713000.00 | $2.76M | $3.67M | $2.66M | $3.38M | $3.43M | $3.79M | $3.88M | $2.91M | $3.15M |
| Gross profit | $2.73M | $422040.00 | $108302.00 | $400025.00 | $400025.00 | — | — | $59000.00 | $295000.00 | $-266000.00 | $576000.00 | $790000.00 | $1.33M | $2.85M | $4.06M | $4.49M | $4.75M | $4.98M | $5.83M | $5.12M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | — | — | 100.0% | 100.0% | -450.8% | 44.7% | 22.2% | 26.6% | 51.7% | 54.5% | 56.7% | 55.7% | 56.2% | 66.7% | 62.0% |
| R&D | $8.73M | $5.58M | $2.52M | $2.95M | $2.95M | $11.20M | $8.00M | $13.50M | $16.87M | $17.67M | $8.11M | $1.48M | $3.05M | $4.67M | $3.67M | $4.98M | $4.34M | $5.42M | $3.21M | $2.71M |
| SG&A | $3.13M | $3.25M | $3.49M | $3.07M | $3.07M | — | — | — | — | — | — | $10.17M | $15.31M | $16.29M | $17.42M | $19.04M | $17.58M | $18.25M | $13.46M | $13.52M |
| Operating income | $-9.79M | $-9.32M | $-6.75M | $-6.22M | $-6.22M | $-16.56M | $-14.87M | $-22.87M | $-25.79M | $-25.96M | $-15.66M | $-14.81M | $-17.04M | $-18.11M | $-17.03M | $-19.53M | $-17.17M | $-17.63M | $-10.99M | $-11.11M |
| Operating margin | -358.3% | -2207.6% | -6236.5% | -1554.8% | -1554.8% | — | — | -38764.4% | -8741.4% | -43996.6% | -1215.1% | -416.9% | -340.9% | -328.5% | -228.8% | -246.5% | -201.0% | -198.9% | -125.7% | -134.3% |
| EBITDA | $-8.64M | $-6.46M | $-6.39M | $-11.81M | $-11.81M | $-16.26M | $-14.70M | $-22.69M | $-25.51M | $-25.64M | $-14.64M | $-10.09M | $-16.80M | $-17.87M | $-16.65M | $-19.06M | $-4.90M | $-16.36M | $-10.53M | $-10.69M |
| EBITDA margin | -316.3% | -1531.6% | -5898.8% | -2952.1% | -2952.1% | — | — | -38450.8% | -8647.5% | -43455.9% | -1136.2% | -284.0% | -336.2% | -324.2% | -223.8% | -240.6% | -57.3% | -184.5% | -120.5% | -129.3% |
| EBIT | $-8.70M | $-6.54M | $-6.44M | $-11.86M | $-11.86M | $-16.31M | $-14.84M | $-22.87M | $-25.79M | $-25.96M | $-15.34M | $-10.86M | $-17.04M | $-18.11M | $-17.03M | $-19.55M | $-5.27M | $-16.72M | $-10.84M | $-11.11M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $251000.00 | $33000.00 | $100000.00 | $49000.00 | $743000.00 | $504000.00 | $2.54M | $10000.00 | $0.00 | $2.40M | $43000.00 | $9.25M | $3.48M | $5.61M | $10.55M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-9.79M | $-9.32M | $-6.52M | $-5.55M | $-5.55M | $-16.20M | $-14.06M | $-21.76M | $-25.59M | $-26.58M | $-15.79M | $-13.38M | $-17.03M | $-18.11M | $-15.84M | $-19.55M | $-14.53M | $-20.21M | $-11.16M | $-17.52M |
| Net income growth (YoY) | — | +4.8% | +30.0% | +14.8% | +0.0% | -191.7% | +13.2% | -54.7% | -17.6% | -3.9% | +40.6% | +15.3% | -27.3% | -6.4% | +12.6% | -23.5% | +25.7% | -39.1% | +44.8% | -56.9% |
| Profit margin | -358.3% | -2207.6% | -6020.4% | -1387.9% | -1387.9% | — | — | -36878.0% | -8673.6% | -45055.9% | -1225.1% | -376.6% | -340.8% | -328.7% | -212.8% | -246.9% | -170.0% | -228.0% | -127.7% | -211.8% |