OneMedNet Corporation (ONMD) Income Statement

NASDAQ: ONMDRevenue, profits, margins and EPS over 6 years.

ONMD 2025 at a glance

Fiscal year ended December 31, 2025 · U.S. dollars
Revenue+111.4%
$1.4M
2025 · hover or tap a bar for each year
2020: $824,0342021: $1.1M (+32.5%)2022: $1.2M (+5.6%)2023: $1.0M (−11.4%)2024: $643,000 (−37.1%)2025: $1.4M (+111.4%)
20202025
Gross profit
−$503,000
2025 · hover or tap a bar for each year
2020: $212,3722021: −$113,407 (−153.4%)2022: −$360,0002023: −$127,9002024: −$281,0002025: −$503,000
20202025
Operating income
−$9.7M
2025 · hover or tap a bar for each year
2020: −$2.9M2021: −$2.7M2022: −$7.7M2023: −$8.4M2024: −$9.6M2025: −$9.7M
20202025
Net income
−$2.8M
2025 · hover or tap a bar for each year
2020: −$2.8M2021: −$2.9M2022: −$30.5M2023: −$23.2M2024: −$10.1M2025: −$2.8M
20202025
EPS (diluted)
−$0.60
2025 · hover or tap a bar for each year
2021: $0.092022: −$0.20 (−322.2%)2023: −$67.032024: −$3.982025: −$0.60
20202025
Net profit margin+1,369.2 pts
−206.1%
2025 · hover or tap a point for each year
2020: −342.4%2021: −269.4% (+73.0 pts)2022: −2,641.0% (−2,371.7 pts)2023: −2,271.4% (+369.7 pts)2024: −1,575.3% (+696.1 pts)2025: −206.1% (+1,369.2 pts)
20202025

ONMD revenue and net income

RevenueNet incomeNet margin (right axis)

Where ONMD's revenue goes

2025
Revenue
$1.4M100.0%
Cost of revenue
−$1.9M−137.0%
Gross profit
−$503,000−37.0%
Research & development
−$1.5M−111.5%
Sales, general & admin
−$7.6M−562.8%
Operating income
−$9.7M−711.3%
Interest & other income
$6.9M505.3%
Net income
−$2.8M−206.1%

Each bar shows an amount and its share of revenue. ONMD kept −206.1% of revenue as net income.

ONMD profit margins

GrossOperatingNet

ONMD growth rates

to 2025
1 year3 years5 years10 years
Revenue+111.4%+5.6%+10.5%—
Gross profit————
Operating income————
Net income————
EPS (diluted)————

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

ONMD quarterly EPS vs estimates

Reported EPSAnalyst estimate

Next report: November 13, 2026.

ONMD income statement

OneMedNet Corporation annual income statement
202520242023202220212020
Revenue$1.4M$643,000$1.0M$1.2M$1.1M$824,034
Cost of revenue$1.9M$924,000$1.1M$1.5M$1.2M$611,662
Gross profit−$503,000−$281,000−$127,900−$360,000−$113,407$212,372
Research & development$1.5M$1.5M$1.6M$1.6M$642,765$307,272
Sales, general & admin$7.6M$7.9M$6.4M$12.9M$1.8M$2.4M
Total operating expenses$9.2M$9.3M$8.2M$7.4M$2.6M$3.1M
Operating income−$9.7M−$9.6M−$8.4M−$7.7M−$2.7M−$2.9M
Interest income—————$193,549
Interest expense$67,000$147,000$749,213$403,307$195,381—
Income before taxes−$2.8M−$10.1M−$23.2M−$30.4M−$2.9M−$2.8M
Income taxes$1,000$2,000−$2.9M$17,000$160,473−$193,549
Net income−$2.8M−$10.1M−$23.2M−$30.5M−$2.9M−$2.8M
EBITDA−$2.7M−$9.9M−$12.0M−$30.4M−$2.7M−$2.9M
EPS (diluted)−$0.60−$3.98−$67.03−$0.20$0.09—
Gross margin−37.0%−43.7%−12.5%−31.2%−10.4%25.8%
Operating margin−711.3%−1,493.8%−819.7%−669.1%−248.3%−355.8%
Net margin−206.1%−1,575.3%−2,271.4%−2,641.0%−269.4%−342.4%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ONMD's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

ONMD financial results

In fiscal year 2025 (ended December 31, 2025), OneMedNet reported revenue of $1.4 million, up 111.4% from the year before. It had a net loss of $2.8 million, a net profit margin of −206.1%. Diluted earnings per share came to −$0.60. Over five years revenue grew at an average rate of 10.5% a year.

See the ONMD stock overview for the latest quote and news, or the ONMD chart for price history and technical indicators.

ONMD income statement FAQ

What is OneMedNet's annual revenue?

OneMedNet reported total revenue of $1.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 111.4% from $0.6 million the previous year.

Is OneMedNet profitable?

No. OneMedNet reported a net loss of $2.8 million in fiscal 2025, a net profit margin of −206.1%; its operating margin was −711.3%.

What is OneMedNet's gross margin?

OneMedNet's gross margin was −37.0% in fiscal 2025: for every $100 of revenue, OneMedNet kept $-37 after the direct cost of its products and services.

How much does OneMedNet spend on research and development?

OneMedNet spent $1.5 million on research and development in fiscal 2025, 111.5% of revenue.

How fast is OneMedNet growing?

Revenue grew 10.5% a year on average over the last five fiscal years, from $0.8 million to $1.4 million.

What are OneMedNet's earnings per share?

OneMedNet earned $-0.60 per diluted share in fiscal 2025, compared with $-3.98 a year earlier.

When will OneMedNet report its next earnings?

OneMedNet is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.

When does OneMedNet's fiscal year end?

OneMedNet's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.

Health Information Services income statements