Elutia Inc. (ELUT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 3.11M | 3.27M | 3.32M | 6.26M | 6.03M | 5.47M | 5.92M | 6.29M | 6.69M | 5.88M | 6.13M | 6.35M | 6.39M | 12.66M | 5.85M | 12.64M | 11.49M | 10.86M | 11.48M |
| Revenue Growth % | -48.36% | -40.18% | -43.89% | -0.45% | -9.92% | -6.93% | -3.35% | -0.94% | 4.72% | -53.61% | 4.75% | -49.75% | -44.39% | 16.61% | -49.07% | - | - | - | - |
| Cost of Goods Sold | 1.31M | 1.36M | 1.47M | 3.21M | 3.57M | 3.14M | 3.18M | 3.49M | 3.85M | 3.75M | 3.29M | 3.64M | 3.02M | 7.67M | 2.91M | 7.74M | 7.21M | 7.47M | 7.8M |
| COGS % of Revenue | 42.13% | 41.49% | 44.24% | 51.17% | 59.25% | 57.5% | 53.72% | 55.51% | 57.53% | 63.81% | 53.63% | 57.27% | 47.22% | 60.57% | 49.75% | 61.24% | 62.76% | 68.79% | 67.88% |
| Gross Profit | 1.8M | 1.91M | 1.85M | 3.06M | 2.46M | 2.32M | 2.74M | 2.8M | 2.84M | 2.13M | 2.84M | 2.71M | 3.37M | 4.99M | 2.94M | 4.9M | 4.28M | 3.39M | 3.69M |
| Gross Margin % | 57.87% | 58.51% | 55.76% | 48.83% | 40.75% | 42.5% | 46.28% | 44.49% | 42.47% | 36.19% | 46.37% | 42.73% | 52.78% | 39.43% | 50.25% | 38.76% | 37.24% | 31.21% | 32.12% |
| Gross Profit Growth % | -26.66% | -17.64% | -32.4% | 9.25% | -13.58% | 9.31% | -3.52% | 3.13% | -15.74% | -57.43% | -3.33% | -44.59% | -21.19% | 47.32% | -20.33% | - | - | - | - |
| Operating Expenses | 7.54M | 7.41M | 6.21M | 12.93M | 10.38M | 10.76M | 12.97M | 11.31M | 11.32M | 10.63M | 10.21M | 9.02M | 11.71M | 13.84M | 11.91M | 13.08M | 11.2M | 11.15M | 10.66M |
| OpEx % of Revenue | 242.26% | 226.38% | 186.82% | 206.5% | 172.12% | 196.71% | 219.03% | 179.76% | 169.14% | 181% | 166.67% | 142.07% | 183.24% | 109.25% | 203.56% | 103.5% | 97.46% | 102.68% | 92.86% |
| Selling, General & Admin | 5.57M | 1.35M | 5.12M | 7.47M | 6.9M | 7.31M | 7.51M | 8.02M | 8.37M | 6.54M | 5.56M | 6.88M | 8.21M | 8.46M | 8.71M | 10.12M | 8.84M | 7.78M | 8.3M |
| SG&A % of Revenue | 178.9% | 41.27% | 154.08% | 119.32% | 114.46% | 133.71% | 126.82% | 127.47% | 124.96% | 111.32% | 90.73% | 108.38% | 128.46% | 66.8% | 148.9% | 80.05% | 76.93% | 71.6% | 72.26% |
| Research & Development | 1.97M | 1.22M | 1.09M | 1.46M | 905K | 834K | 778K | 1M | 1.17M | 1.38M | 557K | 869K | 1.59M | 2.08M | 1.72M | 2.62M | 2.27M | 3.38M | 2.29M |
| R&D % of Revenue | 63.36% | 37.14% | 32.74% | 23.25% | 15.01% | 15.25% | 13.14% | 15.91% | 17.51% | 23.54% | 9.09% | 13.68% | 24.89% | 16.46% | 29.46% | 20.71% | 19.77% | 31.08% | 19.93% |
| Other Operating Expenses | 0 | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 346K | 88K | 0 | 77K |
| Operating Income | -5.74M | -5.49M | -4.36M | -9.88M | -7.92M | -8.43M | -10.23M | -8.51M | -8.48M | -8.51M | -7.37M | -6.31M | -8.34M | -8.84M | -8.97M | -8.18M | -6.92M | -7.76M | -6.98M |
| Operating Margin % | -184.39% | -167.87% | -131.06% | -157.67% | -131.38% | -154.21% | -172.75% | -135.27% | -126.67% | -144.82% | -120.3% | -99.34% | -130.46% | -69.82% | -153.31% | -64.74% | -60.22% | -71.47% | -60.74% |
| Operating Income Growth % | 27.52% | 34.88% | 57.43% | -16.04% | 6.57% | 0.89% | -38.79% | -34.89% | -1.68% | 3.79% | 17.8% | 22.89% | -20.47% | -13.93% | -28.54% | - | - | - | - |
| EBITDA | -5.41M | -5.19M | -3.63M | -8.98M | -7.05M | -7.57M | -9.37M | -7.65M | -7.62M | -7.61M | -6.42M | -5.36M | -7.39M | -7.91M | -8.03M | -7.25M | -5.99M | -6.83M | -6.04M |
| EBITDA Margin % | -173.8% | -158.79% | -109.15% | -143.43% | -116.98% | -138.42% | -158.19% | -121.57% | -113.76% | -129.6% | -104.75% | -84.32% | -115.64% | -62.42% | -137.36% | -57.35% | -52.14% | -62.88% | -52.63% |
| EBITDA Growth % | 23.28% | 31.38% | 61.28% | -17.46% | 7.37% | 0.59% | -45.96% | -42.82% | -3.02% | 3.69% | 20.11% | 26.12% | -23.34% | -15.77% | -32.93% | - | - | - | - |
| D&A (Non-Cash Add-back) | 330K | 297K | 728K | 892K | 868K | 863K | 862K | 862K | 864K | 894K | 953K | 954K | 947K | 937K | 933K | 934K | 929K | 933K | 932K |
| EBIT | -5.74M | -5.49M | -110K | -9.08M | -2.84M | -7.99M | 2.42M | -27.1M | -16.67M | -13.72M | -7.06M | -6.31M | -8.34M | -3.88M | -9.77M | -8.18M | -6.92M | -7.76M | -6.98M |
| Net Interest Income | 108K | 3.63M | -265K | -518K | -1.08M | -1.07M | -1.13M | -1.27M | -1.31M | -1.51M | -1.45M | -1.41M | -1.43M | -1.56M | -1.25M | -1.2M | -1.22M | -1.29M | -1.33M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -108K | -3.63M | 265K | 518K | 1.08M | 1.07M | 1.13M | 1.27M | 1.31M | 1.51M | 1.45M | 1.41M | 1.43M | 1.56M | 1.25M | 1.2M | 1.22M | 1.29M | 1.33M |
| Other Income/Expense | -2.08M | -1.03M | 3.98M | 273K | 4M | -627K | 11.52M | -19.86M | -9.51M | -6.72M | -1.14M | -1.41M | -1.43M | 3.4M | -2.05M | -1.2M | -1.22M | -1.29M | -1.33M |
| Pretax Income | -7.82M | -6.52M | -375K | -9.6M | -3.92M | -9.06M | 1.29M | -28.37M | -17.99M | -15.23M | -8.51M | -7.72M | -9.77M | -5.44M | -11.02M | -9.39M | -8.14M | -9.05M | -8.3M |
| Pretax Margin % | -251.25% | -199.36% | -11.29% | -153.31% | -65.09% | -165.67% | 21.85% | -450.98% | -268.69% | -259.23% | -138.84% | -121.52% | -152.83% | -42.97% | -188.36% | -74.27% | -70.79% | -83.34% | -72.3% |
| Income Tax | 70K | -11K | 8K | 8K | 8K | 2K | 8K | -11K | 8K | -8K | 12K | 12K | 12K | -2K | 12K | 12K | 12K | 12K | 12K |
| Effective Tax Rate % | -0.89% | 0.17% | -2.13% | -0.08% | -0.2% | -0.02% | 0.62% | 0.04% | -0.04% | 0.05% | -0.14% | -0.16% | -0.12% | 0.04% | -0.11% | -0.13% | -0.15% | -0.13% | -0.14% |
| Net Income | -7.47M | 70.79M | -3.87M | -9.61M | -3.93M | -9.06M | 1.29M | -28.18M | -17.99M | -9.31M | -9.75M | -10.62M | -7.97M | -5.44M | -9.91M | -9.4M | -8.15M | -9.06M | -8.32M |
| Net Margin % | -239.85% | 2164.2% | -116.4% | -153.44% | -65.22% | -165.71% | 21.72% | -447.94% | -268.81% | -158.54% | -159.08% | -167.23% | -124.75% | -42.95% | -169.43% | -74.36% | -70.89% | -83.45% | -72.41% |
| Net Income Growth % | -89.91% | 881.27% | -400.78% | 65.9% | 78.14% | 2.72% | 113.19% | -165.32% | -125.66% | -71.21% | 1.64% | -13.01% | 2.15% | 39.98% | -19.17% | - | - | - | - |
| Net Income (Continuing) | -7.89M | -6.51M | -383K | -9.61M | -3.93M | -9.06M | 1.29M | -28.36M | -17.99M | -15.22M | -8.52M | -7.73M | -9.78M | -5.44M | -11.03M | -9.4M | -8.15M | -9.06M | -8.32M |
| Discontinued Operations | 425K | 1000K | -1000K | 0 | 0 | 0 | 0 | 180K | 0 | 1000K | -1000K | -1000K | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.17 | 1.48 | -0.19 | -0.26 | -0.21 | -0.26 | -0.33 | -1.13 | -0.75 | -0.66 | -0.57 | -0.65 | -0.49 | -0.38 | -0.73 | -0.69 | -0.60 | -0.82 | -0.81 |
| EPS Growth % | 19.05% | 669.23% | 42.42% | 76.99% | 72% | 60.61% | 42.11% | -73.85% | -53.06% | -73.68% | 21.92% | 5.8% | 18.33% | 53.66% | 9.88% | - | - | - | - |
| EPS (Basic) | -0.17 | 1.66 | -0.01 | -0.23 | -0.10 | -0.26 | -0.36 | -1.13 | -0.75 | -0.66 | -0.57 | -0.65 | -0.49 | -0.38 | -0.73 | -0.69 | -0.60 | -0.82 | -0.81 |
| Diluted Shares Outstanding | 43M | 47.24M | 45.49M | 46.31M | 42.91M | 34.85M | 35.52M | 24.9M | 23.91M | 23.2M | 17.02M | 16.22M | 16.15M | 14.47M | 13.66M | 13.62M | 13.57M | 11.08M | 10.24M |
| Basic Shares Outstanding | 43M | 42.72M | 40.97M | 41.78M | 38.62M | 34.85M | 32.52M | 24.9M | 23.91M | 23.2M | 17.02M | 16.22M | 16.15M | 14.47M | 13.66M | 13.62M | 13.57M | 11.08M | 10.24M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |