State Ledger
Company profile

CorMedix Inc. CIK 1410098

Ticker
CRMD (Nasdaq)
Industry
Pharmaceutical Preparations
Headquarters
Parsippany, NJ 07054
Fiscal year end
2025 (FY)
Market Data
Close
$7.39
Change
+$0.08
Change %
1.09%
Volume
87,706

CRMD · trading date Oct 9, 2026 · previous close $7.31 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$311.71M
Net income
$163.06M
Total assets
$826.14M
Total liabilities
$420.84M
Stockholders' equity
$405.31M
Cash & equivalents
$144.84M
Operating income
$150.14M
Operating cash flow
$175.05M
Capital expenditures
$2.26M

Fiscal year 2025, via 10-K filed 2026-03-05. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
48.2%
Net margin
52.3%
Free cash flow
$172.79M
Free cash flow margin
55.4%
Liabilities / assets
50.9%
Equity / assets
49.1%
CapEx / revenue
0.7%
Operating cash flow / net income
1.07×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $311.71M $163.06M $826.14M $420.84M $405.31M
2024 $43.47M -$17.93M $118.85M $34.19M $84.66M
2023 — -$46.34M $82.06M $11.92M $70.14M
2022 $65.4K -$29.70M $62.04M $6.98M $55.06M
2021 $190.9K -$28.21M $68.95M $6.15M $62.80M
Company Details
SIC code
2834
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-18
Financials filed via
Form 10-K
filed 2026-03-05

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Parsippany, NJ 07054
389 INTERPACE PKWY, SUITE 450
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:39 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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