Electromed, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $73.8M | $64.0M | $54.7M | $48.1M | $41.7M | $35.8M | $32.5M | $31.3M |
| Cost of Revenue | $15.8M | $14.0M | $13.0M | $11.5M | $10.2M | $8.5M | $7.3M | $7.5M |
| Gross Profit | $57.9M | $50.0M | $41.7M | $36.5M | $31.4M | $27.3M | $25.2M | $23.8M |
| Gross Margin | 78.5% | 78.1% | 76.3% | 76.0% | 75.5% | 76.4% | 77.6% | 76.2% |
| Operating Expenses | ||||||||
| Research & Development | $1.3M | $996.0K | $656.0K | $916.0K | $1.4M | $1.7M | $1.1M | $583.3K |
| SG&A Expense | $42.7M | $39.3M | $34.5M | $31.6M | $27.1M | $22.4M | $19.9M | $20.4M |
| Operating Income | $13.9M | $9.7M | $6.6M | $4.0M | $3.0M | $3.1M | $5.1M | $2.8M |
| Operating Margin | 18.8% | 15.1% | 12.0% | 8.3% | 7.1% | 8.8% | 15.8% | 9.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $14.4M | $10.3M | $7.0M | $4.1M | $3.0M | $3.2M | $5.2M | $2.9M |
| Income Tax Expense | $3.1M | $2.7M | $1.9M | $920.0K | $692.0K | $805.0K | $1.1M | $940.0K |
| Net Income | $11.3M | $7.5M | $5.2M | $3.2M | $2.3M | $2.4M | $4.2M | $2.0M |
| Net Margin | 15.3% | 11.8% | 9.4% | 6.6% | 5.5% | 6.6% | 12.8% | 6.3% |
| EPS (Basic) | $1.37 | $0.89 | $0.60 | $0.37 | $0.27 | $0.28 | $0.50 | $0.24 |
| EPS (Diluted) | $1.30 | $0.85 | $0.58 | $0.36 | $0.26 | $0.27 | $0.47 | $0.23 |
| Shares Outstanding (Basic) | 8.3M | 8.5M | 8.6M | 8.5M | 8.5M | 8.6M | 8.4M | 8.3M |
| Shares Outstanding (Diluted) | 8.7M | 8.9M | 8.9M | 8.7M | 8.8M | 8.9M | 8.8M | 8.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |