Nuwellis, Inc.

Nuwellis, Inc.

NUWE
Nuwellis, Inc.US flagNASDAQ
0.78
USD
+0.05
- -
72,000.00Market Cap
Nuwellis, Inc.
NUWE
(NASDAQ)

Recent

price

0.78

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
561,181.41
- -
- -
893.94
4,402.99
819.44
1,289,000
1,776,500
1,249,500
5,511,000
7,441,000
3,960,500
854,300
80,581.82
2,937.82
419.41
116.09
Revenue per Share
-12,265,966.27
-16,196,000
-390,694.44
-329,666.67
-381,895.52
-369,208.33
-17,692,000
-12,486,000
-4,258,000
-22,623,000
-17,593,000
-9,814,500
-1,452,500
-205,700
-3,571.09
-888.38
-145.78
Basic EPS, GAAP
-10,803,979.01
-13,540,000
-367,805.56
-267,500
-343,208.96
-322,055.56
-16,409,000
-6,089,500
-3,689,500
-16,857,000
-16,870,000
-9,031,000
-1,527,100
-165,318.18
-3,244.03
-552.79
-163.31
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
12,973,500
1,235,700
27,181.82
2,194.29
54.47
-5.64
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
12,973,500
1,235,700
27,181.82
2,194.29
54.47
-5.92
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
1
- -
- -
- -
- -
- -
1
4
5
6
7
8
9
9
9
8
9
Sales/Revenue/Turnover
-2,112.31
- -
- -
-38,764.41
-8,741.36
-43,996.61
-1,215.05
-305.69
-340.86
-328.54
-228.84
-246.51
-200.99
-198.89
-125.72
-134.29
-142.87
Operating Margin (%)
- -
- -
- -
- -
- -
- -
1
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-12
-16
-14
-22
-26
-27
-16
-13
-17
-18
-16
-20
-15
-20
-11
-18
-11
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-2,185.74
- -
- -
-36,877.97
-8,673.56
-45,055.93
-1,225.14
-376.64
-340.78
-328.69
-212.82
-246.86
-170.02
-227.99
-127.75
-211.86
-125.63
Profit Margin (%)
6
4
12
51
29
16
-1
16
5
1
15
25
18
5
6
2
4
Working Capital
- -
- -
- -
- -
- -
4
- -
- -
- -
- -
- -
1
1
1
- -
- -
- -
LT Debt
6
5
13
52
29
12
2
16
6
2
16
26
12
3
7
3
-2
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2,228.41
Return on Capital (%)
-238.67
-298.34
-160.33
-67.28
-63.22
-128.46
-254.05
-277.54
-153.62
-570.86
-192.19
-92.89
-75.84
-294.87
-223.24
-382.8
-1,460.83
Return on Common Equity (%)

Capital Structure

FRC

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

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5
6
8
Cash, Cash Equivalents & STI
1
2
4
Accounts Receivable, Net
1
2
2
Inventories
2
2
2
Total Current Liabilities
3
4
4
Payables & Accruals
2
2
3
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
110.9%
-4.75%
-59.72%
Free Cash Flow
-4.28%
-4.66%
12.94%
Net Income, GAAP
1.43%
9.81%
56.93%
Sales/Revenue/Turnover
235.76%
2.26%
-5.38%
Total Cash Common Dividend
- -
- -
-99.26%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
2
2
2
9
2025
2
2
2
2
8
2026
2
2
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-28,704.55
-22,071.43
1,858.16
-641.05
-3,571.09
2025
-1,012.77
-2,134.33
19.63
-52.49
-888.38
2026
-76.56
-26.63
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Nuwellis, Inc. (Nasdaq: NUWE) develops, manufactures, and commercializes medical devices for ultrafiltration therapy to treat fluid overload in patients with heart failure, critical illness, and related conditions; its core products include the Aquadex SmartFlow and Aquadex FlexFlow systems, comprising consoles, disposable blood circuit sets, disposable catheters, and a new U.S.-launched 24-hour circuit alongside FDA-cleared dual-lumen extended-length catheters. The company, founded in 1999 and headquartered in Eden Prairie, Minnesota, sells directly to hospitals and clinics in the United States while distributing through independent partners in countries including Austria, Brazil, Germany, India, Israel, Italy, Singapore, Spain, Switzerland, Thailand, the United Arab Emirates, and the United Kingdom; it targets critical care, cardiology, nephrology, and pediatric segments with approximately 47 pediatric centers adopting Aquadex therapy. Recent developments encompass a May 2024 purchase agreement with a top-25 U.S. integrated delivery network for Aquadex deployment across 50 hospitals, a strategic manufacturing transition to KDI Precision Manufacturing, a $5 million capital raise in Q2 2025, expanded CMS reimbursement enabling first hospital-based outpatient therapies, new U.S. patents for fluid bag designs and blood return line clamps, participation in a $3 million NIH grant via partner Koronis Biomedical for the Vivian pediatric CRRT system, and an August 2025 non-binding letter of intent to acquire Rendiatech Ltd. for its FDA-cleared Clarity RMS real-time urine flow and acute kidney injury monitoring technologies, anticipated to close in Q4 2025.

Company News

  • Nuwellis Expands Critical Care Portfolio Through Strategic Commercial Agreement with Atrility Medical

  • Nuwellis, Inc. (NUWE) Q2 2026 Earnings Call Prepared Remarks Transcript

  • Nuwellis Reports Second Quarter 2026 Financial Results and Business Highlights Focused on Double Digit Revenue Growth and Expanded Gross Margin

  • Nuwellis Strengthens Product Development Organization with Appointment of Dale Brady as Principal R&D Engineer

  • Nuwellis Announces Next-Generation Aquadex Platform Strategy to Expand Future Critical Care Applications

  • Nuwellis Announces Pricing of $3.4 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

  • Nuwellis Announces Acceptance by Frontiers in Pediatrics of New Single-Center Retrospective Study Supporting Alternative Anticoagulation Strategy for Aquadex Ultrafiltration Therapy

  • Nuwellis Expands Pediatric Footprint with First Aquadex SmartFlow® Installations in Wisconsin

  • Nuwellis Announces Preliminary Revenue Results for the Second Quarter 2026 Showing Double Digit Growth

  • Nuwellis Awarded U.S. Patent for Novel Catheter Technology Designed to Enhance Extracorporeal Therapies

  • Nuwellis to Showcase Aquadex Therapy at KidneyBee Summit 2026

  • Nuwellis Celebrates Five Years of Support of the Pediatric Cardiac Critical Care Consortium (PC⁴)

  • Nuwellis Announces Pediatric Expansion in Michigan with First Aquadex SmartFlow® Installations

  • Incoming Nuwellis CEO Mike McCormick Underscores Strategic Priorities for Continued Market Expansion in Pediatric Category and Revenue Generation in Letter to Shareholders

  • Nuwellis Expands Critical Care Education with Aquadex Training at University of Minnesota Critical Care Cardiology Education Summit

  • Nuwellis Appoints Mike McCormick as Chief Executive Officer

  • Nuwellis Expands Collaboration with Major South Carolina Healthcare System to Install New Aquadex SmartFlow® Devices at One of its Children's Hospitals

  • Nuwellis Announces Closing of $6.0 Million Registered Public Offering

  • Nuwellis Announces Pricing of $6 Million Public Offering

  • Nuwellis Announces Successful Completion of FDA Pre-Submission 510(k) Meeting to Expand Aquadex Label