Electromed, Inc. (ELMD) Income Statement
ELMD FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsELMD revenue and net income
Where ELMD's revenue goes
FY2026Each bar shows an amount and its share of revenue. ELMD kept 15.3% of revenue as net income.
ELMD profit margins
ELMD growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +15.3% | +15.4% | +15.6% | +12.4% |
| Gross profit | +16.0% | +16.6% | +16.2% | +12.5% |
| Operating income | +40.6% | +51.3% | +34.6% | +16.1% |
| Net income | +49.9% | +52.8% | +36.8% | +17.7% |
| EPS (diluted) | +56.0% | +53.8% | +38.2% | +18.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ELMD quarterly EPS vs estimates
Electromed beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 11, 2026 (estimate $0.26).
ELMD income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $73.8M | $64.0M | $54.7M | $48.1M | $41.7M | $35.8M | $32.5M | $31.3M | $28.3M | $25.9M |
| Cost of revenue | $15.8M | $14.0M | $13.0M | $11.5M | $10.2M | $8.5M | $7.3M | $7.5M | $6.5M | $5.3M |
| Gross profit | $57.9M | $50.0M | $41.7M | $36.5M | $31.4M | $27.3M | $25.2M | $23.8M | $21.8M | $20.6M |
| Research & development | $1.3M | $996,000 | $656,000 | $916,000 | $1.4M | $1.7M | $1.1M | $583,311 | $251,443 | $596,876 |
| Sales, general & admin | $42.7M | $39.3M | $34.5M | $31.6M | $27.1M | $22.4M | $19.9M | $20.4M | $19.6M | $16.4M |
| Total operating expenses | $44.1M | $40.1M | $35.1M | $32.5M | $28.5M | $24.2M | $20.1M | $21.0M | $19.1M | $17.0M |
| Operating income | $13.9M | $9.9M | $6.6M | $4.0M | $3.0M | $3.1M | $5.1M | $2.8M | $2.7M | $3.6M |
| Interest income | $479,000 | $624,000 | $455,000 | $78,000 | $25,000 | $27,000 | — | $90,710 | $19,870 | $17,044 |
| Interest expense | — | — | — | $78,000 | $25,000 | $27,000 | $120,748 | $90,707 | $19.9M | $66,911 |
| Income before taxes | $14.4M | $10.3M | $7.0M | $4.1M | $3.0M | $3.2M | $5.2M | $2.9M | $2.7M | $3.5M |
| Income taxes | $3.1M | $2.7M | $1.9M | $920,000 | $692,000 | $805,000 | $1.1M | $940,000 | $901,000 | $1.3M |
| Net income | $11.3M | $7.5M | $5.2M | $3.2M | $2.3M | $2.4M | $4.2M | $2.0M | $1.8M | $2.2M |
| EBITDA | $15.0M | $11.5M | $7.9M | $4.7M | $3.6M | $3.8M | $5.9M | $3.8M | $3.5M | $4.3M |
| EPS (diluted) | $1.31 | $0.84 | $0.58 | $0.36 | $0.26 | $0.26 | $0.47 | $0.23 | $0.24 | $0.26 |
| Gross margin | 78.5% | 78.1% | 76.3% | 76.0% | 75.5% | 76.4% | 77.6% | 76.2% | 76.9% | 79.5% |
| Operating margin | 18.8% | 15.4% | 12.0% | 8.3% | 7.1% | 8.8% | 15.8% | 9.0% | 9.6% | 13.8% |
| Net margin | 15.3% | 11.8% | 9.4% | 6.6% | 5.5% | 6.6% | 12.8% | 6.3% | 6.5% | 8.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.4M | $18.6M | $18.9M | $16.9M | $17.4M | $15.7M | $16.3M | $14.7M | $14.8M | $13.9M | $13.7M | $12.3M |
| Cost of revenue | $4.1M | $3.9M | $4.1M | $3.7M | $3.8M | $3.5M | $3.6M | $3.2M | $3.5M | $3.5M | $3.1M | $2.8M |
| Gross profit | $15.3M | $14.6M | $14.8M | $13.2M | $13.6M | $12.2M | $12.6M | $11.5M | $11.3M | $10.4M | $10.5M | $9.5M |
| Research & development | $328,000 | $361,000 | $384,000 | $241,000 | $302,000 | $277,000 | $251,000 | $166,000 | $176,000 | $167,000 | $107,000 | $206,000 |
| Sales, general & admin | $10.8M | $10.5M | $10.8M | $10.3M | $10.3M | $9.8M | $9.8M | $9.4M | $8.8M | $8.4M | $8.2M | $9.2M |
| Total operating expenses | $11.5M | $10.9M | $11.2M | $10.5M | $10.4M | $10.1M | $10.1M | $9.6M | $9.0M | $8.5M | $8.3M | $9.4M |
| Operating income | $3.8M | $3.8M | $3.6M | $2.7M | $3.3M | $2.1M | $2.5M | $1.9M | $2.3M | $1.8M | $2.3M | $142,000 |
| Interest income | $136,000 | $100,000 | $109,000 | $134,000 | $135,000 | $142,000 | $152,000 | $195,000 | $162,000 | $120,000 | $96,000 | $77,000 |
| Income before taxes | $4.0M | $3.9M | $3.7M | $2.8M | $3.2M | $2.3M | $2.7M | $2.1M | $2.5M | $2.0M | $2.4M | $219,000 |
| Income taxes | $560,000 | $863,000 | $968,000 | $668,000 | $971,000 | $391,000 | $726,000 | $659,000 | $669,000 | $468,000 | $685,000 | $64,000 |
| Net income | $3.4M | $3.0M | $2.8M | $2.1M | $2.2M | $1.9M | $2.0M | $1.5M | $1.8M | $1.5M | $1.7M | $155,000 |
| EBITDA | $4.1M | $4.2M | $4.0M | $3.1M | $3.6M | $2.6M | $3.0M | $2.4M | $2.7M | $2.2M | $2.6M | $433,000 |
| EPS (diluted) | $0.39 | $0.35 | $0.32 | $0.25 | $0.25 | $0.21 | $0.22 | $0.16 | $0.20 | $0.17 | $0.19 | $0.02 |
| Gross margin | 78.7% | 78.8% | 78.4% | 78.1% | 78.3% | 78.0% | 77.7% | 78.3% | 76.2% | 74.8% | 77.0% | 77.1% |
| Operating margin | 19.7% | 20.3% | 19.2% | 15.8% | 18.7% | 13.6% | 15.6% | 13.2% | 15.7% | 13.3% | 16.5% | 1.2% |
| Net margin | 17.5% | 16.2% | 14.6% | 12.6% | 12.7% | 12.1% | 12.1% | 10.0% | 12.3% | 10.8% | 12.2% | 1.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ELMD's financial statements (latest annual report filed August 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ELMD financial results
In fiscal year 2026 (ended June 30, 2026), Electromed reported revenue of $73.8 million, up 15.3% from the year before. It had net income of $11.3 million (up 49.9%), a net profit margin of 15.3%. Diluted earnings per share came to $1.31. Over five years revenue grew at an average rate of 15.6% a year.
See the ELMD stock overview for the latest quote and news, or the ELMD chart for price history and technical indicators.
ELMD income statement FAQ
What is Electromed's annual revenue?
Electromed reported total revenue of $73.8 million for fiscal year 2026, which ended on June 30, 2026. That was up 15.3% from $64.0 million the previous year.
Is Electromed profitable?
Yes. Electromed reported net income of $11.3 million in fiscal 2026, a net profit margin of 15.3%; its operating margin was 18.8%.
What is Electromed's gross margin?
Electromed's gross margin was 78.5% in fiscal 2026: for every $100 of revenue, Electromed kept $79 after the direct cost of its products and services.
How much does Electromed spend on research and development?
Electromed spent $1.3 million on research and development in fiscal 2026, 1.8% of revenue.
How fast is Electromed growing?
Revenue grew 15.6% a year on average over the last five fiscal years, from $35.8 million to $73.8 million.
What are Electromed's earnings per share?
Electromed earned $1.31 per diluted share in fiscal 2026, compared with $0.84 a year earlier.
When will Electromed report its next earnings?
Electromed is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does Electromed's fiscal year end?
Electromed's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on August 25, 2026.