Sanara MedTech Inc. (SMTI) 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 | Q2'21 |
|---|
| Sales/Revenue | 27.8M | 27.55M | 26.33M | 25.83M | 23.43M | 26.31M | 21.67M | 20.16M | 18.54M | 17.69M | 16.02M | 15.75M | 15.52M | 15.32M | 13.04M | 9.67M | 7.81M | 7.03M | 5.82M | 6.28M |
| Revenue Growth % | 18.62% | 4.72% | 21.51% | 28.14% | 26.42% | 48.7% | 35.24% | 27.97% | 19.42% | 15.5% | 22.85% | 62.89% | 98.71% | 117.76% | 123.98% | 54.06% | 55.93% | 46.86% | 35.24% | 111.55% |
| Cost of Goods Sold | 2.51M | 2.54M | 2.49M | 1.94M | 2.53M | 2.25M | 1.99M | 2.01M | 1.89M | 1.79M | 1.75M | 2.19M | 2.13M | 2.37M | 2.23M | 958.09K | 805.08K | 782.77K | 517.61K | 536.4K |
| COGS % of Revenue | 9.03% | 9.23% | 9.44% | 7.5% | 10.79% | 8.55% | 9.19% | 9.96% | 10.2% | 10.11% | 10.93% | 13.89% | 13.69% | 15.47% | 17.08% | 9.91% | 10.31% | 11.13% | 8.89% | 8.55% |
| Gross Profit | 25.29M | 25M | 23.85M | 23.89M | 20.91M | 24.06M | 19.68M | 18.15M | 16.65M | 15.9M | 14.27M | 13.57M | 13.4M | 12.95M | 10.82M | 8.71M | 7.01M | 6.25M | 5.31M | 5.74M |
| Gross Margin % | 90.97% | 90.77% | 90.56% | 92.5% | 89.21% | 91.45% | 90.81% | 90.04% | 89.8% | 89.89% | 89.07% | 86.11% | 86.31% | 84.53% | 82.92% | 90.09% | 89.69% | 88.87% | 91.11% | 91.45% |
| Gross Profit Growth % | 20.96% | 3.94% | 21.18% | 31.64% | 25.58% | 51.28% | 37.87% | 33.79% | 24.26% | 22.82% | 31.97% | 55.7% | 91.21% | 107.13% | 103.83% | 51.77% | 54.49% | 45.39% | 37.53% | 119.24% |
| Operating Expenses | 22.64M | 22.11M | 20.89M | 23.92M | 20.08M | 24.43M | 21.6M | 21.03M | 18.18M | 16.13M | 15.18M | 15.43M | 14.61M | 16.07M | 14.05M | 12.1M | 9.78M | 9.66M | 7.16M | 6.77M |
| OpEx % of Revenue | 81.45% | 80.27% | 79.32% | 92.62% | 85.69% | 92.87% | 99.69% | 104.35% | 98.07% | 91.17% | 94.73% | 97.96% | 94.14% | 104.92% | 107.69% | 125.1% | 125.24% | 137.39% | 122.95% | 107.8% |
| Selling, General & Admin | 21.88M | 20.08M | 19.86M | 0 | 19.13M | 22.42M | 0 | 0 | 16.19M | 0 | 13.88M | 0 | 0 | 14.22M | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | 78.71% | 72.88% | 75.41% | - | 81.63% | 85.22% | - | - | 87.35% | - | 86.6% | - | - | 92.85% | - | - | - | - | - | - |
| Research & Development | 759.59K | 2.04M | 1.03M | 1.26M | 1.11M | 2.41M | 1.36M | 985.65K | 946.3K | 651.52K | 986.45K | 1.18M | 1.32M | 1.03M | 1.06M | 1.07M | 204.64K | 300.84K | 35.67K | 103.98K |
| R&D % of Revenue | 2.73% | 7.39% | 3.91% | 4.87% | 4.75% | 9.17% | 6.27% | 4.89% | 5.1% | 3.68% | 6.16% | 7.47% | 8.49% | 6.75% | 8.14% | 11.03% | 2.62% | 4.28% | 0.61% | 1.66% |
| Other Operating Expenses | 0 | 0 | 1 | 1000K | -163.78K | -397.56K | 1000K | 1000K | 1000K | 1000K | 315.92K | 1000K | 1000K | 815.81K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 2.65M | 2.89M | 2.96M | -31.35K | 825.53K | -374.88K | -1.92M | -2.88M | -1.53M | -226K | -906.65K | -1.87M | -1.22M | -3.12M | -3.23M | -3.38M | -2.78M | -3.41M | -1.85M | -1.03M |
| Operating Margin % | 9.52% | 10.5% | 11.24% | -0.12% | 3.52% | -1.43% | -8.88% | -14.31% | -8.26% | -1.28% | -5.66% | -11.85% | -7.84% | -20.39% | -24.78% | -35% | -35.55% | -48.52% | -31.83% | -16.35% |
| Operating Income Growth % | 220.59% | 871.33% | 253.91% | 98.91% | 153.9% | -65.88% | -112.21% | -54.59% | -25.93% | 92.76% | 71.95% | 44.87% | 56.2% | 8.48% | -74.33% | -229.86% | -156.28% | -300.49% | -41.86% | 4.96% |
| EBITDA | 3.23M | 3.56M | 3.57M | 1.08M | 1.95M | 1.23M | -820.17K | -1.78M | -426.29K | 868.79K | 91.02K | -1.06M | -437.45K | -2.31M | -2.42M | -2.85M | -2.57M | -3.21M | -1.65M | -925.4K |
| EBITDA Margin % | 11.63% | 12.92% | 13.56% | 4.19% | 8.32% | 4.69% | -3.78% | -8.83% | -2.3% | 4.91% | 0.57% | -6.74% | -2.82% | -15.07% | -18.53% | -29.43% | -32.95% | -45.66% | -28.32% | -14.74% |
| EBITDA Growth % | 65.84% | 188.59% | 535.53% | 160.86% | 557.42% | 41.99% | -1001.1% | -67.47% | 2.55% | 137.63% | 103.77% | 62.67% | 83.01% | 28.1% | -46.55% | -207.53% | -167.48% | -316.91% | -34.64% | 7.97% |
| D&A (Non-Cash Add-back) | 587.25K | 668.4K | 610.9K | 1.11M | 1.12M | 1.61M | 1.1M | 1.11M | 1.11M | 1.09M | 997.67K | 803.69K | 778.88K | 814.32K | 814.88K | 539.12K | 202.75K | 201.01K | 204.57K | 100.81K |
| EBIT | 2.65M | 2.89M | 2.96M | -31.35K | 825.53K | -411.46K | -1.35M | -2.9M | -1.53M | -2.18M | -906.65K | -2.23M | -1.67M | -2.82M | -3.12M | -3.32M | -2.78M | -3.41M | -1.85M | -1.03M |
| Net Interest Income | -1.79M | -1.83M | -1.82M | -1.79M | -1.31M | -1.27M | -927.58K | -644.35K | -267.34K | -287.48K | -188.29K | 0 | -6 | -111.63K | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 12.96K | 0 | 0 | 0 | 3.67K | 21.98K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 109.69K | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.8M | 1.83M | 1.82M | 1.79M | 1.32M | 1.29M | 927.58K | 644.35K | 267.34K | 287.48K | 188.29K | 0 | 6 | 111.63K | 109.69K | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -2.25M | -4M | -2.13M | -1.99M | -1.45M | -1.33M | -959.02K | -644.35K | -267.34K | -36.45K | -188.29K | 0 | -6 | -1.04M | 0 | 0 | -379.63K | -144.18K | -193.84K | -179.77K |
| Pretax Income | 397.69K | -1.11M | 834.49K | -2.02M | -620.57K | -1.7M | -2.88M | -3.53M | -1.8M | -262.44K | -1.09M | -1.87M | -1.22M | -4.16M | -3.23M | -3.38M | -3.16M | -3.56M | -2.05M | -1.21M |
| Pretax Margin % | 1.43% | -4.02% | 3.17% | -7.81% | -2.65% | -6.46% | -13.3% | -17.51% | -9.71% | -1.48% | -6.83% | -11.85% | -7.84% | -27.18% | -24.78% | -35% | -40.41% | -50.57% | -35.16% | -19.21% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.7M | -4.14M | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 52.69% | 122.36% | 0% | 0% | 0% | 0% |
| Net Income | 458.96K | -1.61M | -30.41M | -2.01M | -3.53M | -1.54M | -2.86M | -3.5M | -1.76M | -237.19K | -1.06M | -1.83M | -1.18M | -4.11M | -1.47M | 769.43K | -3.13M | -3.55M | -2.02M | -1.17M |
| Net Margin % | 1.65% | -5.84% | -115.48% | -7.8% | -15.05% | -5.85% | -13.19% | -17.38% | -9.52% | -1.34% | -6.62% | -11.6% | -7.59% | -26.82% | -11.27% | 7.96% | -40.06% | -50.45% | -34.69% | -18.66% |
| Net Income Growth % | 113.02% | -4.64% | -964.16% | 42.51% | -99.86% | -548.66% | -169.51% | -91.71% | -49.77% | 94.22% | 27.89% | -337.54% | 62.36% | -15.75% | 27.22% | 165.68% | -164.81% | -1339.52% | -76.11% | -4.06% |
| Net Income (Continuing) | 397.69K | -1.11M | 834.49K | -2.02M | -620.57K | -1.7M | -2.88M | -3.53M | -1.8M | -262.44K | -1.09M | -1.87M | -1.22M | -4.16M | -1.53M | 756.91K | -3.16M | -3.56M | -2.05M | -1.21M |
| Discontinued Operations | 60.92K | -502.85K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -9.02K | -8.67K | -8.42K | -7.47K | -3.43K | -491.61K | -329.59K | -304.31K | -279.12K | -244.26K | -219.01K | -184.43K | -145.98K | -107.56K | -809.52K | -748.09K | -515.58K | -488.4K | -480.12K | -452.63K |
| EPS (Diluted) | 0.05 | -0.20 | -3.52 | -0.23 | -0.41 | -0.18 | -0.34 | -0.41 | -0.21 | -0.03 | -0.13 | -0.22 | -0.14 | -1.41 | -0.19 | -0.40 | -0.41 | -0.47 | -0.27 | -0.16 |
| EPS Growth % | 112.44% | -11.11% | -935.29% | 43.9% | -95.24% | -547.48% | -161.54% | -86.36% | -50% | 98.03% | 31.58% | 45% | 65.85% | -200% | 29.63% | -150% | -141.18% | -1086.87% | -50% | 11.11% |
| EPS (Basic) | 0.05 | -0.20 | -3.52 | -0.23 | -0.41 | -0.18 | -0.34 | -0.41 | -0.21 | -0.03 | -0.13 | -0.22 | -0.14 | -1.41 | -0.19 | -0.42 | -0.41 | -0.47 | -0.27 | -0.16 |
| Diluted Shares Outstanding | 8.99M | 8.62M | 8.94M | 8.61M | 8.57M | 8.53M | 8.52M | 8.47M | 8.42M | 8.54M | 8.33M | 8.23M | 8.17M | 8.3M | 8.11M | 8.16M | 7.61M | 7.52M | 7.52M | 7.5M |
| Basic Shares Outstanding | 8.71M | 8.62M | 8.65M | 8.61M | 8.57M | 8.53M | 8.52M | 8.47M | 8.42M | 8.54M | 8.33M | 8.23M | 8.17M | 8.3M | 8.11M | 7.79M | 7.61M | 7.52M | 7.52M | 7.5M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |