SANUWAVE Health, Inc. (SNWV) 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 | 9.62M | 13.09M | 11.45M | 10.16M | 9.34M | 10.33M | 9.36M | 7.16M | 5.79M | 6.99M | 4.95M | 4.67M | 3.77M | 5.5M | 4.17M | 3.88M | 3.19M | 4.26M | 3.73M | 2.91M |
| Revenue Growth % | 2.97% | 26.81% | 22.34% | 41.92% | 61.46% | 47.64% | 88.98% | 53.2% | 53.27% | 27.16% | 18.89% | 20.43% | 18.15% | 29.11% | 11.84% | 33.45% | 50.99% | 129.19% | 172.69% | 3404.82% |
| Cost of Goods Sold | 2.43M | 3.39M | 2.75M | 2.21M | 1.96M | 2.29M | 2.29M | 1.92M | 1.58M | 2.35M | 1.41M | 1.2M | 1.26M | 1.74M | 1.16M | 1.1M | 889K | 1.33M | 1.55M | 1.05M |
| COGS % of Revenue | 25.3% | 25.91% | 24% | 21.7% | 20.96% | 22.13% | 24.5% | 26.84% | 27.38% | 33.57% | 28.51% | 25.71% | 33.43% | 31.65% | 27.77% | 28.23% | 27.82% | 31.17% | 41.74% | 36.03% |
| Gross Profit | 7.18M | 9.7M | 8.7M | 7.96M | 7.38M | 8.04M | 7.07M | 5.24M | 4.2M | 4.65M | 3.54M | 3.47M | 2.51M | 3.76M | 3.01M | 2.79M | 2.31M | 2.93M | 2.17M | 1.86M |
| Gross Margin % | 74.7% | 74.09% | 76% | 78.3% | 79.04% | 77.87% | 75.5% | 73.16% | 72.62% | 66.43% | 71.49% | 74.29% | 66.57% | 68.35% | 72.23% | 71.77% | 72.18% | 68.83% | 58.26% | 63.97% |
| Gross Profit Growth % | -2.7% | 20.66% | 23.15% | 51.87% | 75.73% | 73.07% | 99.58% | 50.88% | 67.21% | 23.6% | 17.68% | 24.66% | 8.98% | 28.21% | 38.66% | 49.7% | 117.34% | 115.54% | 183.66% | 46425% |
| Operating Expenses | 8.31M | 9.09M | 7.24M | 6.08M | 6.4M | 5.52M | 5.11M | 3.25M | 5.25M | 3.61M | 4.07M | 2.54M | 4.49M | 6.78M | 5.49M | 5.83M | 4.26M | 5.3M | 5.5M | 5.91M |
| OpEx % of Revenue | 86.38% | 69.4% | 63.19% | 59.83% | 68.49% | 53.45% | 54.64% | 45.35% | 90.77% | 51.57% | 82.21% | 54.37% | 118.97% | 123.18% | 131.88% | 150.28% | 133.4% | 124.39% | 147.79% | 203.06% |
| Selling, General & Admin | 7.65M | 8.19M | 6.89M | 5.71M | 6M | 5.14M | 4.75M | 2.87M | 4.91M | 3.46M | 3.72M | 2.22M | 4.17M | 6.51M | 5.15M | 5.45M | 3.92M | 4.34M | 5.21M | 5.63M |
| SG&A % of Revenue | 79.52% | 62.54% | 60.18% | 56.21% | 64.2% | 49.82% | 50.72% | 40.11% | 84.81% | 49.53% | 75.11% | 47.4% | 110.49% | 118.38% | 123.57% | 140.47% | 122.69% | 101.81% | 139.81% | 193.71% |
| Research & Development | 660K | 606K | 345K | 194K | 208K | 154K | 161K | 195K | 163K | 143K | 165K | 139K | 131K | 73K | 157K | 171K | 166K | 178K | 297K | 272K |
| R&D % of Revenue | 6.86% | 4.63% | 3.01% | 1.91% | 2.23% | 1.49% | 1.72% | 2.72% | 2.82% | 2.04% | 3.33% | 2.97% | 3.47% | 1.33% | 3.77% | 4.4% | 5.2% | 4.18% | 7.97% | 9.35% |
| Other Operating Expenses | 0 | 292K | 0 | 174K | 192K | 221K | 206K | 180K | 182K | 0 | 187K | 187K | 189K | 191K | 189K | 210K | 176K | 784K | 0 | 0 |
| Operating Income | -1.12M | 615K | 1.47M | 1.88M | 986K | 2.52M | 1.95M | 1.99M | -1.05M | 1.04M | -531K | 931K | -1.98M | -3.02M | -2.48M | -3.05M | -1.96M | -2.37M | -3.33M | -4.05M |
| Operating Margin % | -11.69% | 4.7% | 12.81% | 18.47% | 10.55% | 24.42% | 20.87% | 27.81% | -18.15% | 14.86% | -10.72% | 19.91% | -52.4% | -54.84% | -59.65% | -78.52% | -61.22% | -55.56% | -89.53% | -139.09% |
| Operating Income Growth % | -214% | -75.61% | -24.88% | -5.77% | 193.9% | 142.73% | 467.8% | 113.96% | 46.92% | 134.45% | 78.63% | 130.54% | -1.12% | -27.42% | 25.49% | 24.67% | 55.48% | 82.29% | 47.64% | -23.62% |
| EBITDA | -812K | 1.26M | 1.8M | 2.18M | 1.26M | 2.93M | 2.21M | 2.25M | -832K | 1.29M | -266K | 1.19M | -1.72M | -2.75M | -2.25M | -2.79M | -1.76M | -2.1M | -2.92M | -3.77M |
| EBITDA Margin % | -8.44% | 9.65% | 15.68% | 21.41% | 13.49% | 28.38% | 23.6% | 31.47% | -14.38% | 18.4% | -5.37% | 25.39% | -45.54% | -49.91% | -54.01% | -71.95% | -55.24% | -49.32% | -78.25% | -129.46% |
| EBITDA Growth % | -164.44% | -56.87% | -18.7% | -3.46% | 251.44% | 127.74% | 930.45% | 89.89% | 51.6% | 146.89% | 88.18% | 142.5% | 2.61% | -30.65% | 22.81% | 25.84% | 57.2% | 83.58% | 51.75% | -17.39% |
| D&A (Non-Cash Add-back) | 312K | 649K | 329K | 299K | 274K | 409K | 256K | 262K | 218K | 248K | 265K | 256K | 259K | 271K | 235K | 255K | 191K | 266K | 420K | 280K |
| EBIT | -1.12M | 6.99M | 12.05M | 2.93M | -3.82M | -10.09M | -17M | 1.99M | -968K | 21.36M | -19.86M | -2.88M | -8.8M | -3.09M | 2.68M | 4.6M | -1.91M | -6.85M | -2.41M | -7.12M |
| Net Interest Income | -546K | -798K | -1.72M | -1.87M | -1.85M | -2.63M | -3.66M | -3.78M | -3.56M | -3.12M | -3.85M | -4.38M | -4.28M | -4.38M | -3.82M | -2.96M | -3.19M | -2.6M | -1.84M | -1.49M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 546K | 798K | 1.72M | 1.87M | 1.85M | 2.63M | 3.66M | 3.78M | 3.56M | 3.12M | 3.85M | 4.38M | 4.28M | 4.38M | 3.82M | 2.96M | 3.19M | 2.6M | 1.84M | 1.49M |
| Other Income/Expense | -315K | 5.58M | 8.86M | -822K | -6.66M | -15.24M | -22.61M | 4.57M | -3.48M | 17.2M | -23.17M | -8.19M | -11.1M | -5.14M | 1.35M | 4.69M | -3.15M | -7.09M | -911K | -4.56M |
| Pretax Income | -1.44M | 6.2M | 10.32M | 1.05M | -5.68M | -12.72M | -20.66M | 6.56M | -4.53M | 18.24M | -23.7M | -7.26M | -13.08M | -8.16M | -1.14M | 1.64M | -5.1M | -9.46M | -4.25M | -8.61M |
| Pretax Margin % | -14.96% | 47.31% | 90.17% | 10.38% | -60.76% | -123.19% | -220.69% | 91.61% | -78.26% | 260.78% | -478.5% | -155.34% | -346.49% | -148.29% | -27.34% | 42.35% | -159.66% | -221.95% | -113.99% | -295.94% |
| Income Tax | 0 | 86K | 0 | 0 | 0 | 27K | 0 | 0 | 0 | 4K | 0 | 0 | 0 | 2K | 0 | 0 | 0 | 0 | 6K | 6K |
| Effective Tax Rate % | 0% | 1.39% | 0% | 0% | 0% | -0.21% | 0% | 0% | 0% | 0.02% | 0% | 0% | 0% | -0.02% | 0% | 0% | 0% | 0% | -0.14% | -0.07% |
| Net Income | -1.44M | 6.11M | 10.32M | 1.05M | -5.68M | -12.75M | -20.66M | 6.56M | -4.53M | 18.23M | -23.7M | -7.26M | -13.08M | -8.16M | -1.14M | 1.64M | -5.1M | -9.46M | -4.25M | -8.62M |
| Net Margin % | -14.96% | 46.66% | 90.17% | 10.38% | -60.76% | -123.46% | -220.69% | 91.61% | -78.26% | 260.72% | -478.5% | -155.34% | -346.49% | -148.33% | -27.34% | 42.35% | -159.66% | -221.95% | -114.15% | -296.15% |
| Net Income Growth % | 74.65% | 147.92% | 149.98% | -83.92% | -25.35% | -169.91% | 12.84% | 190.35% | 65.38% | 323.52% | -1980.77% | -541.73% | -156.42% | 13.72% | 73.21% | 119.08% | -3.32% | 48.31% | 66.36% | -137.2% |
| Net Income (Continuing) | -1.44M | 6.11M | 10.32M | 1.05M | -5.68M | -12.75M | -20.66M | 6.56M | -4.53M | 18.23M | -23.7M | -7.26M | -13.08M | -8.16M | -1.14M | 1.64M | -5.1M | -9.46M | -4.25M | -8.62M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| EPS (Diluted) | -0.17 | 0.02 | 1.13 | 0.01 | -0.66 | -3.33 | -6.49 | 1.77 | -1.46 | 6.00 | -9.95 | -4.68 | -8.53 | -3.85 | -0.28 | 1.13 | -3.64 | -6.79 | -3.08 | -6.23 |
| EPS Growth % | 74.24% | 100.74% | 117.41% | -99.6% | 54.79% | -155.5% | 34.77% | 137.82% | 82.88% | 255.84% | -3453.57% | -514.16% | -134.34% | 43.3% | 90.91% | 118.14% | -1.96% | 26.91% | 75.02% | -36.92% |
| EPS (Basic) | -0.17 | 0.71 | 1.21 | 0.01 | -0.66 | -3.33 | -6.49 | 2.08 | -1.46 | 6.00 | -9.95 | -4.68 | -8.53 | -3.85 | -0.28 | 1.14 | -3.64 | -6.79 | -3.08 | -6.23 |
| Diluted Shares Outstanding | 8.59M | 9.08M | 9.14M | 9.17M | 8.55M | 3.82M | 3.19M | 3.7M | 3.1M | 3.04M | 2.38M | 1.55M | 1.53M | 1.48M | 1.5M | 1.45M | 1.4M | 1.39M | 1.38M | 1.38M |
| Basic Shares Outstanding | 8.59M | 8.56M | 8.57M | 8.56M | 8.55M | 3.82M | 3.19M | 3.15M | 3.1M | 3.04M | 2.38M | 1.55M | 1.53M | 1.48M | 1.5M | 1.44M | 1.4M | 1.39M | 1.38M | 1.38M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |