The Tip Desk

CorMedix Inc.

Company Stats

Market Cap
$600.2M
as of Sep 30, 2026
Shares Outstanding
77.9M
Free Float
94.8%

Income Statement

Revenue
$311.7M
Operating Income
$150.1M
Net Income
$163.1M
EBITDA
$150.8M
Revenue Growth, 3Y
1582.8%

Cash Flow

Free Cash Flow
$172.8M
FCF Yield
28.8%
Owner FCF Yield
26.5%

Balance Sheet

Cash & Equivalents
$144.8M

Returns & Capital

SBC, 3Y Avg
$8.5M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$311.7M$172.8M55.4%
FY2024$43.5M-$50.7M-116.7%
FY2023—-$38.7M—
FY2022$65,408-$24.6M-37573.5%
FY2021$190,936-$22.6M-11826.2%

Annual filing data through FY ended December 31, 2025; shares and float as of October 11, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage