Zynex, Inc. (ZYXI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 13.36M | 22.29M | 26.58M | 45.97M | 49.97M | 49.88M | 46.53M | 47.28M | 49.91M | 44.95M | 42.17M | 48.8M | 41.52M | 36.76M | 31.08M | 40.37M | 34.79M | 31.02M | 24.13M | 25.61M |
| Revenue Growth % | -73.26% | -55.32% | -42.88% | -2.77% | 0.1% | 10.97% | 10.34% | -3.12% | 20.22% | 22.29% | 35.67% | 20.91% | 19.36% | 18.49% | 28.83% | 57.65% | 73.7% | 61.04% | 58.44% | 80.8% |
| Cost of Goods Sold | 5.28M | 7.05M | 8.37M | 9.98M | 10.18M | 9.97M | 9.3M | 10.27M | 9.55M | 9.27M | 9.27M | 9.39M | 8.39M | 7.3M | 6.92M | 6.93M | 6.84M | 7.27M | 5.89M | 5.45M |
| COGS % of Revenue | 39.53% | 31.65% | 31.49% | 21.71% | 20.37% | 19.99% | 19.98% | 21.72% | 19.14% | 20.63% | 21.98% | 19.24% | 20.21% | 19.87% | 22.27% | 17.17% | 19.65% | 23.43% | 24.4% | 21.29% |
| Gross Profit | 8.08M | 15.23M | 18.21M | 35.99M | 39.79M | 39.91M | 37.23M | 37.01M | 40.36M | 35.68M | 32.9M | 39.42M | 33.13M | 29.45M | 24.16M | 33.43M | 27.95M | 23.75M | 18.24M | 20.15M |
| Gross Margin % | 60.47% | 68.35% | 68.51% | 78.29% | 79.63% | 80.01% | 80.02% | 78.28% | 80.86% | 79.37% | 78.02% | 80.76% | 79.79% | 80.13% | 77.73% | 82.83% | 80.35% | 76.57% | 75.6% | 78.71% |
| Gross Profit Growth % | -79.7% | -61.83% | -51.09% | -2.76% | -1.42% | 11.86% | 13.17% | -6.1% | 21.83% | 21.14% | 36.17% | 17.89% | 18.53% | 23.99% | 32.46% | 65.89% | 77.68% | 56.26% | 54.23% | 77.71% |
| Operating Expenses | 52.04M | 25.52M | 31.31M | 36.55M | 35.99M | 37.69M | 36.71M | 34.72M | 34.88M | 32.97M | 32.62M | 29.31M | 26.57M | 25.09M | 22.26M | 21.85M | 19.9M | 19.94M | 19.32M | 17.86M |
| OpEx % of Revenue | 389.53% | 114.48% | 117.79% | 79.51% | 72.02% | 75.55% | 78.89% | 73.42% | 69.87% | 73.34% | 77.35% | 60.05% | 64% | 68.26% | 71.6% | 54.12% | 57.22% | 64.28% | 80.08% | 69.74% |
| Selling, General & Admin | 21.3M | 25.52M | 31.31M | 36.55M | 35.99M | 37.69M | 36.71M | 34.72M | 34.88M | 32.97M | 32.62M | 29.31M | 26.57M | 25.09M | 22.26M | 18.3M | 19.9M | 19.94M | 19.32M | 16.18M |
| SG&A % of Revenue | 159.44% | 114.48% | 117.79% | 79.51% | 72.02% | 75.55% | 78.89% | 73.42% | 69.87% | 73.34% | 77.35% | 60.05% | 64% | 68.26% | 71.6% | 45.33% | 57.22% | 64.28% | 80.08% | 63.18% |
| Research & Development | 0 | 0 | 0 | 12M | 0 | 0 | 0 | 9.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.6M | 0 | 0 | 0 | 800K |
| R&D % of Revenue | - | - | - | 26.1% | - | - | - | 19.46% | - | - | - | - | - | - | - | 6.44% | - | - | - | 3.12% |
| Other Operating Expenses | 1000K | 0 | 0 | -1000K | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | -100K | 0 | 949K | 0 | 0 | 0 | 881K |
| Operating Income | -43.96M | -10.28M | -13.1M | -563K | 3.8M | 2.23M | 525K | 2.3M | 5.49M | 2.71M | 284K | 10.11M | 6.56M | 4.36M | 1.91M | 11.59M | 8.05M | 3.81M | -1.08M | 2.3M |
| Operating Margin % | -329.06% | -46.13% | -49.28% | -1.22% | 7.61% | 4.46% | 1.13% | 4.86% | 10.99% | 6.04% | 0.67% | 20.72% | 15.79% | 11.87% | 6.13% | 28.7% | 23.13% | 12.3% | -4.48% | 8.97% |
| Operating Income Growth % | -1256.29% | -561.95% | -2594.67% | -124.5% | -30.68% | -17.95% | 84.86% | -77.27% | -16.36% | -37.83% | -85.1% | -12.74% | -18.49% | 14.39% | 276.32% | 404.4% | 471.04% | -6.61% | -143.98% | -38.43% |
| EBITDA | -43.91M | -9.25M | -12M | 850K | 4.91M | 3.38M | 1.62M | 3.46M | 7.03M | 3.69M | 1.13M | 10.95M | 7.67M | 5.34M | 2.63M | 12.18M | 8.64M | 4.42M | -594K | 2.83M |
| EBITDA Margin % | -328.66% | -41.5% | -45.15% | 1.85% | 9.83% | 6.78% | 3.49% | 7.31% | 14.08% | 8.2% | 2.67% | 22.44% | 18.49% | 14.52% | 8.48% | 30.18% | 24.84% | 14.25% | -2.46% | 11.04% |
| EBITDA Growth % | -993.55% | -373.35% | -838.98% | -75.41% | -30.06% | -8.19% | 43.97% | -68.44% | -8.46% | -30.92% | -57.19% | -10.1% | -11.18% | 20.67% | 543.6% | 330.95% | 351.46% | 1.19% | -121.92% | -28.61% |
| D&A (Non-Cash Add-back) | 53K | 1.03M | 1.1M | 1.41M | 1.11M | 1.16M | 1.1M | 1.16M | 1.54M | 973K | 844K | 842K | 1.12M | 972K | 729K | 597K | 595K | 607K | 487K | 530K |
| EBIT | -43.96M | -10.28M | -13.1M | -563K | 3.8M | 2.23M | 525K | 2.3M | 5.28M | 4.41M | 1.69M | 9.81M | 6.46M | 4.26M | 2.11M | 11.59M | 8.05M | 3.81M | -1.08M | 2.3M |
| Net Interest Income | -890K | -834K | -703K | -615K | -625K | -630K | -512K | -366K | -327K | -317K | -84K | -95K | -106K | -115K | -124K | -23K | -18K | -45K | -9K | -5K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 890K | 834K | 703K | 615K | 625K | 630K | 512K | 366K | 327K | 317K | 84K | 95K | 106K | 115K | 124K | 23K | 18K | 45K | 9K | 5K |
| Other Income/Expense | -890K | -834K | -703K | -615K | -625K | -611K | -512K | -367K | -535K | 1.38M | 1.32M | -395K | -206K | -215K | 76K | -23K | -18K | -45K | -9K | -82K |
| Pretax Income | -44.85M | -11.12M | -13.8M | -1.18M | 3.18M | 1.61M | 13K | 1.93M | 4.95M | 4.1M | 1.6M | 9.71M | 6.35M | 4.15M | 1.98M | 11.56M | 8.03M | 3.77M | -1.09M | 2.21M |
| Pretax Margin % | -335.72% | -49.87% | -51.92% | -2.56% | 6.36% | 3.24% | 0.03% | 4.08% | 9.92% | 9.11% | 3.8% | 19.91% | 15.3% | 11.29% | 6.38% | 28.65% | 23.08% | 12.15% | -4.52% | 8.65% |
| Income Tax | -1.94M | 8.92M | -3.4M | -563K | 795K | 398K | 3K | 716K | 1.36M | 742K | 33K | 2.26M | 1.48M | 803K | 605K | 2.67M | 1.92M | 962K | -384K | 428K |
| Effective Tax Rate % | 4.32% | -80.2% | 24.67% | 47.79% | 25.02% | 24.64% | 23.08% | 37.08% | 27.39% | 18.12% | 2.06% | 23.29% | 23.28% | 19.35% | 30.52% | 23.08% | 23.93% | 25.52% | 35.23% | 19.32% |
| Net Income | -42.91M | -20.03M | -10.4M | -615K | 2.38M | 1.22M | 10K | 1.22M | 3.59M | 3.35M | 1.57M | 7.45M | 4.87M | 3.35M | 1.38M | 8.89M | 6.11M | 2.81M | -706K | 1.79M |
| Net Margin % | -321.21% | -89.87% | -39.12% | -1.34% | 4.77% | 2.44% | 0.02% | 2.57% | 7.2% | 7.46% | 3.72% | 15.27% | 11.74% | 9.1% | 4.43% | 22.03% | 17.56% | 9.05% | -2.93% | 6.98% |
| Net Income Growth % | -1901.6% | -1746.1% | -104060% | -150.62% | -33.72% | -63.71% | -99.36% | -83.7% | -26.25% | 0.24% | 13.94% | -16.21% | -20.21% | 19.16% | 295.04% | 397.71% | 358.14% | -6.93% | -124.04% | -39.36% |
| Net Income (Continuing) | -42.91M | -20.03M | -10.4M | -615K | 2.38M | 1.22M | 10K | 1.22M | 3.59M | 3.35M | 1.57M | 7.45M | 4.87M | 3.35M | 1.38M | 8.89M | 6.11M | 2.81M | -706K | 1.79M |
| 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) | -1.42 | -0.66 | -0.33 | -0.02 | 0.07 | 0.04 | 0.00 | 0.04 | 0.10 | 0.09 | 0.04 | 0.20 | 0.13 | 0.08 | 0.03 | 0.23 | 0.16 | 0.07 | -0.02 | 0.04 |
| EPS Growth % | -2013.75% | -1846.03% | - | -153.5% | -25.5% | -58.23% | -99.28% | -82.15% | -23.38% | 13.13% | 25.45% | -13.04% | -18.75% | 14.29% | 281.52% | 475% | 339.56% | -14.43% | -122.49% | -51.1% |
| EPS (Basic) | -1.42 | -0.66 | -0.33 | -0.02 | 0.08 | 0.04 | 0.00 | 0.04 | 0.10 | 0.09 | 0.04 | 0.20 | 0.13 | 0.09 | 0.03 | 0.23 | 0.16 | 0.07 | -0.02 | 0.04 |
| Diluted Shares Outstanding | 30.31M | 30.26M | 31.6M | 32.3M | 32.09M | 32.2M | 32.83M | 34.01M | 36.1M | 37.06M | 37.44M | 37.96M | 38.87M | 39.89M | 41.19M | 39.36M | 39.04M | 39.14M | 38.32M | 39.19M |
| Basic Shares Outstanding | 30.31M | 30.26M | 31.6M | 31.94M | 31.77M | 31.76M | 32.34M | 33.59M | 35.53M | 36.44M | 36.69M | 37.24M | 38.05M | 38.85M | 39.77M | 38.41M | 38.24M | 38.29M | 38.32M | 38.26M |
| Dividend Payout Ratio | - | - | - | - | 0.25% | - | 30% | 0.16% | - | 0.03% | - | - | - | - | 262.38% | 0.01% | - | - | - | - |