Jun 2026 (Q2 FY26) — Aug 13, 2026
CorMedix Q2 FY26 — Strong Financials and Pipeline Progress
Read the full callCorMedix earnings: last reported Thu, 13 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 102 | +156.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 42.1 | −7.1 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 26.0 | +31.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $10.18 on 17 Oct 2025 → $7.38. High $12.73 (29 Dec 2025), low $6.25 (20 Mar 2026).
Overview
Call summaries
CorMedix Q2 FY26 — Strong Financials and Pipeline Progress
Read the full callEvery analysed call
Financials
Net profit, year on year: +31% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 11 | 31 | 39 | 40 | 104 | 129 | 127 | 102 |
| Operating profit | -3 | 13 | 20 | 20 | 51 | 59 | 64 | 43 |
| Operating margin | −28.7% | 41.5% | 51.5% | 49.2% | 49.2% | 46.0% | 50.0% | 42.1% |
| Other income | 1 | 1 | 1 | 1 | 1 | -3 | -8 | -4 |
| Interest | 0 | 0 | 0 | 0 | 1 | 2 | — | — |
| Profit before tax | -3 | 13 | 21 | 20 | 53 | 56 | 56 | 39 |
| Tax rate | — | 0.0% | 0.0% | 2.6% | −106.5% | 75.2% | 30.6% | 32.9% |
| Net profit | -3 | 13 | 21 | 20 | 109 | 14 | 39 | 26 |
| EPS ($ per share) | -0.05 | — | 0.32 | 0.29 | 1.42 | — | 0.48 | 0.33 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -179 | -195 | -217 | -246 | -275 | -322 | -340 | -177 |
| Total liabilities | 14 | 6 | 5 | 6 | 7 | 12 | 34 | 421 |
| Fixed assets | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 6 |
| Investments | 0 | 12 | 4 | 12 | 16 | 32 | 11 | 10 |
| Total assets | 19 | 29 | 49 | 69 | 62 | 82 | 119 | 826 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -24 | -15 | -22 | -21 | -24 | -38 | -51 | 175 |
| Cash from investing | 2 | -12 | 7 | -9 | -4 | -17 | 21 | -308 |
| Cash from financing | 29 | 26 | 40 | 42 | 18 | 56 | 26 | 238 |
| Net cash flow | — | -1 | 26 | 11 | -10 | 0 | -3 | 105 |
| Capital expenditure | -0 | -0 | -0 | -1 | -0 | -0 | -0 | -2 |
| Free cash flow | -24 | -15 | -22 | -23 | -25 | -39 | -51 | 173 |
49 filings between Oct 23, 2025 and Sep 18, 2026.
Purchases
$275.5K
1 purchase by 1 insider
Sales
$2.64M
8 sales by 4 insiders
63% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Dillione Janet | — | $1.55M | Jan 21, 2026 |
| Lefkowitz Steven W | — | $475.2K | Dec 9, 2025 |
| Todisco Joseph | — | $360.0K | Dec 18, 2025 |
| Kaplan Myron | $275.5K | — | Oct 23, 2025 |
| DUNTON ALAN W | — | $260.0K | Dec 30, 2025 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 18, 2026 | Dillione Janet Director | Option exercise | 48,909 | — |
| Aug 29, 2026 | Hurlburt Elizabeth Chief Operating Officer | Tax withheld | 8,076 | $67.0K |
| Aug 29, 2026 | Zelnick Kaufman Beth Chief Legal Officer | Tax withheld | 8,424 | $69.9K |
| Aug 29, 2026 | Blum Susan Chief Financial Officer | Tax withheld | 8,424 | $69.9K |
| Feb 4, 2026 | Todisco Joseph Chief Executive Officer | Award | 77,156 | $0 |
| Feb 4, 2026 | Hurlburt Elizabeth Chief Operating Officer | Award | 36,006 | $0 |
| Feb 4, 2026 | Zelnick Kaufman Beth Chief Legal Officer | Award | 36,006 | $0 |
| Jan 26, 2026 | Dillione Janet Director | Award | 30,453 | $0 |
| Jan 26, 2026 | Duncan Gregory Scott Director | Award | 30,453 | $0 |
| Jan 26, 2026 | Kaplan Myron Director | Award | 30,453 | $0 |
| Jan 26, 2026 | Lefkowitz Steven W Director | Award | 30,453 | $0 |
| Jan 26, 2026 | DUNTON ALAN W Director | Award | 30,453 | $0 |
| Jan 26, 2026 | Stewart Robert A Director | Award | 30,453 | $0 |
| Jan 23, 2026 | Zelnick Kaufman Beth Chief Legal Officer | Award | 72,820 | $0 |
| Jan 23, 2026 | Todisco Joseph Chief Executive Officer | Award | 225,900 | $0 |
| Jan 23, 2026 | Todisco Joseph Chief Executive Officer | Tax withheld | 27,306 | $198.5K |
| Jan 23, 2026 | Hurlburt Elizabeth Chief Operating Officer | Award | 93,010 | $0 |
| Jan 23, 2026 | Hurlburt Elizabeth Chief Operating Officer | Tax withheld | 10,778 | $78.4K |
| Jan 23, 2026 | Blum Susan Chief Financial Officer | Tax withheld | 9,767 | $71.0K |
| Jan 23, 2026 | Blum Susan Chief Financial Officer | Award | 72,820 | $0 |
| Jan 23, 2026 | Zelnick Kaufman Beth Chief Legal Officer | Tax withheld | 8,803 | $64.0K |
| Jan 21, 2026 | Dillione Janet Director | Sale 10b5-1 plan | 10,000 | $68.8K |
| Jan 17, 2026 | Todisco Joseph Chief Executive Officer | Tax withheld | 22,665 | $153.7K |
| Jan 16, 2026 | Todisco Joseph Chief Executive Officer | Option exercise | 29,585 | $100.0K |
| Jan 12, 2026 | Hurlburt Elizabeth Chief Operating Officer | Tax withheld | 5,794 | $41.4K |
| Jan 12, 2026 | Todisco Joseph Chief Executive Officer | Tax withheld | 17,417 | $124.5K |
| Jan 12, 2026 | Lefkowitz Steven W Director | Option exercise | 15,000 | $84.5K |
| Jan 8, 2026 | Seckler Michael David Chief Commercial Officer | Award | 133,156 | $0 |
| Jan 2, 2026 | Zelnick Kaufman Beth Chief Legal Officer | Tax withheld | 11,333 | $137.8K |
| Jan 2, 2026 | Hurlburt Elizabeth Chief Operating Officer | Tax withheld | 10,895 | $132.5K |
| Dec 30, 2025 | DUNTON ALAN W Director | Option exercise 10b5-1 plan | 20,000 | $80.6K |
| Dec 30, 2025 | DUNTON ALAN W Director | Sale 10b5-1 plan | 20,000 | $260.0K |
| Dec 18, 2025 | Todisco Joseph Chief Executive Officer | Option exercise 10b5-1 plan | 30,000 | $132.9K |
| Dec 18, 2025 | Todisco Joseph Chief Executive Officer | Sale 10b5-1 plan | 30,000 | $360.0K |
| Dec 9, 2025 | Dillione Janet Director | Option exercise 10b5-1 plan | 19,000 | $181.4K |
| Dec 9, 2025 | Dillione Janet Director | Option exercise 10b5-1 plan | 15,000 | $84.5K |
| Dec 9, 2025 | Dillione Janet Director | Sale 10b5-1 plan | 34,000 | $408.0K |
| Dec 9, 2025 | Lefkowitz Steven W Director | Sale | 40,000 | $475.2K |
| Dec 2, 2025 | Dillione Janet Director | Option exercise 10b5-1 plan | 12,210 | $49.2K |
| Dec 2, 2025 | Dillione Janet Director | Sale 10b5-1 plan | 46,657 | $466.6K |
| Dec 2, 2025 | Dillione Janet Director | Option exercise 10b5-1 plan | 19,323 | $68.6K |
| Dec 2, 2025 | Dillione Janet Director | Option exercise 10b5-1 plan | 15,124 | $67.0K |
| Nov 24, 2025 | Dillione Janet Director | Option exercise | 4,876 | $21.6K |
| Nov 24, 2025 | Dillione Janet Director | Option exercise | 5,677 | $20.2K |
| Nov 24, 2025 | Dillione Janet Director | Option exercise | 8,000 | $22.8K |
| Nov 24, 2025 | Dillione Janet Director | Option exercise | 7,790 | $31.4K |
| Nov 24, 2025 | Dillione Janet Director | Sale | 26,343 | $261.6K |
| Nov 14, 2025 | Dillione Janet Director | Sale | 30,000 | $342.6K |
| Oct 23, 2025 | Kaplan Myron Director | Purchase | 25,000 | $275.5K |
| Sep 16, 2025 | Duncan Gregory Scott Director | Option exercise | 13,333 | $110.9K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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