CorMedix Inc.

CorMedix Inc.

CRMD
CorMedix Inc.US flagNASDAQ Global Market
7.49
USD
+0.11
- -
583.41MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.04
0.03
0.03
0.03
0.02
0.01
0.01
0.01
- -
- -
0.74
4.33
5.88
Basic EPS, GAAP
-3.44
-4.79
-2.91
-3.25
-2.99
-1.51
-0.68
-0.77
-0.75
-0.74
-0.91
-0.3
2.26
2.39
Free Cash Flow per Basic Share
-1.32
-1.48
-2
-2.94
-2.61
-1.33
-0.62
-0.77
-0.6
-0.61
-0.76
-0.86
2.4
3.2
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.21
0.81
4.73
2.2
0.5
0.23
0.92
1.32
1.65
1.29
1.28
1.31
5.11
5.93
Tangible Book Value per Share
-1.21
0.81
4.73
2.2
0.5
0.23
0.92
1.32
1.65
1.29
1.28
1.29
-0.05
0.93
Basic Weighted Avg Shares
3
4
6
8
11
18
24
29
38
40
51
59
72
78
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
43
312
460
Operating Margin (%)
-245,646.93
-4,703.3
-7,925.56
-11,048.8
-9,997.39
-6,250.44
-7,416.31
-11,378.44
-15,417.51
-46,819.91
- -
-51.43
48.17
47.22
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
15
35
Net Income, GAAP
-9
-20
-18
-25
-33
-27
-16
-22
-28
-30
-46
-18
163
187
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
7.98
Profit Margin (%)
-456,426.69
-10,806.25
-8,655.37
-10,996.46
-10,023.45
-6,242.4
-5,801.29
-9,207.7
-14,774.7
-45,409.9
- -
-41.24
52.31
40.72
Working Capital
1
4
34
18
7
11
24
44
61
53
68
81
193
293
LT Debt
- -
- -
- -
- -
- -
6
- -
1
1
1
1
- -
147
145
Total Equity
-4
4
34
18
7
5
24
44
63
55
70
85
405
461
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
47.52
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
45.88
Return on Common Equity (%)
- -
- -
-96.8
-95.1
-264.01
-442.49
-115
-64.91
-52.72
-50.4
-74.02
-23.17
66.56
54.93

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
- -
- -
LT Borrowings
145
145
145
LT Finance Leases
3
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
78
78
Market Capitalization
922
532
610

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
367
383
481
Cash, Cash Equivalents & STI
149
178
257
Accounts Receivable, Net
171
155
161
Inventories
30
31
39
Total Current Liabilities
174
129
187
Payables & Accruals
168
121
176
ST Debt
1
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
78.41%
91.3%
378.76%
Free Cash Flow
-24.17%
-68.18%
-440.59%
Net Income, GAAP
-93.53%
-196.27%
-1,009.4%
Sales/Revenue/Turnover
- -
- -
617.03%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1
11
31
43
2025
39
40
104
129
312
2026
127
99
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.25
-0.25
-0.05
0.22
-0.3
2025
0.32
0.29
1.43
0.18
2.26
2026
0.49
0.33
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Joseph Todisco
Full Time Employees
191
Sector
Healthcare
Industry
Biotechnology
Address
389 Interpace Pkwy Parsippany NJ United States of America 07054
IPO Date
May 13, 2010
Business
CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of life-threatening infectious and inflammatory diseases, primarily targets hospital and dialysis settings in the United States with expanding international presence. Founded in 2006 and headquartered in Berkeley Heights, New Jersey, the company offers DefenCath (taurolidine and heparin catheter lock solution), the first and only FDA-approved antimicrobial therapy to reduce catheter-related bloodstream infections in adult hemodialysis patients via central venous catheters; following its August 2025 acquisition of Melinta Therapeutics LLC, CorMedix also commercializes an expanded portfolio of anti-infective products including MINOCIN (minocycline for infections), REZZAYO (rezafungin for candidemia and invasive candidiasis), VABOMERE (meropenem and vaborbactam for urinary tract and complicated intra-abdominal infections), ORBACTIV (oritavancin for acute bacterial skin and skin structure infections), BAXDELA (delafloxacin for skin infections and community-acquired bacterial pneumonia), KIMYRSA (oritavancin for bloodstream and skin infections), and TOPROL-XL (metoprolol succinate for cardiovascular conditions). The company conducts ongoing clinical studies for DefenCath in total parenteral nutrition, pediatric, and oncology patient populations, while REZZAYO advances in a Phase III trial for prophylaxis of invasive fungal infections in allogeneic blood and marrow transplant patients, with topline results expected in Q2 2026. Recent developments include the transformative September 2025 completion of the Melinta Therapeutics acquisition, which diversifies the product portfolio, raises pro forma 2025 revenue guidance to $325-350 million, projects annual synergies of $35-45 million, and introduces enhanced leadership in hospital acute care; in October 2025, DefenCath earned Innovative Technology Designation from Vizient for its clinical impact on infection prevention; third-quarter 2025 results reported $104.3 million in net revenue and $130.8 million pro forma, driven by commercial launches and market penetration.

Company News

  • Cormedix Announces FDA Acceptance for Priority Review of Supplemental NDA for Rezzayo® (Rezafungin) for Prophylaxis of Invasive Fungal Diseases

  • Actinium Pharmaceuticals Strengthens Leadership Team with Appointment of Matt David, M.D. as Chief Financial Officer

  • CRMD vs. PRTA: Which Stock Should Value Investors Buy Now?

  • Wall Street Analysts Think CorMedix (CRMD) Could Surge 67.73%: Read This Before Placing a Bet

  • CorMedix Therapeutics to Participate in the Wells Fargo Healthcare Conference

  • CorMedix (CRMD) Upgraded to Buy: Here's Why

  • Wall Street Analysts Believe CorMedix (CRMD) Could Rally 65.96%: Here's is How to Trade

  • CRMD Stock Up as Q2 Earnings & Sales Beat on DefenCath, Melinta Gains

  • CorMedix Inc. (CRMD) Q2 2026 Earnings Call Transcript

  • CorMedix Q2 Earnings Call Highlights

  • CorMedix Stock Jumps on Strong DefenCath Sales

  • CorMedix (CRMD) Q2 Earnings and Revenues Top Estimates

  • Cormedix Therapeutics Reports Second Quarter 2026 Financial Results and Provides Business Update

  • CorMedix Therapeutics to Report Second Quarter 2026 Financial Results and Provide a Corporate Update on August 13, 2026

  • Is CRMD Stock a Buy Now After Strong Growth and New Risks?

  • CRMD's Growth Story Expands Beyond DefenCath Into New Trends

  • CRMD Stock Outlook as DefenCath and Rezzayo Expand Growth Path

  • U.S. Court of Appeals for the Federal Circuit Affirms Victory for Cormedix Therapeutics in Minocin® Patent Litigation

  • CorMedix: Bleak Short-Term Outlook, But Significantly Undervalued For The Long Run

  • CorMedix Eyes REZZAYO Expansion as DefenCath Reimbursement Shift Looms