Nuwellis Q4 revenue +4% to $2.4M; full year -5%; acquires Rendiatech

Nuwellis, Inc.

Q4 2025 revenue $2.4M (+4% YoY, +9% sequential); gross margin 68.2% vs 58.4% prior year.
Full year 2025 revenue $8.3M (-5% YoY); net loss $17.5M includes $6.4M non-cash warrant expense.
U.S. console sales up 208% YoY in Q4 (8 vs 3 units); Heart Failure +48%, Pediatrics +16%.
Closed $5.0M private placement and warrant inducement in Jan 2026; appointed Carisa Schultz CFO Feb 2, 2026.
Executed definitive stock purchase agreement to acquire Rendiatech; no financial terms disclosed.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Nuwellis, Inc. reported the fourth quarter ended December 31, 2025 results: revenue $2.4 million, net income approximately $2.4 million.

Period: the fourth quarter ended December 31, 2025
Revenue: $2.4 million
Net income: approximately $2.4 million
Result: reported results

Exact text from the filing

conditions, today reported financial results for the fourth quarter and full year ended December 31, 2025. Fourth Quarter and Recent Highlights: • Fourth quarter revenue of $2.4 million, a 4% increase compared to the prior-year quarter and 9% increase sequentially. • 208% increase in U.S. console sales in Q4 versus prior year quarter. • Heart Failure revenue

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Nuwellis, Inc. reported the full year ended December 31, 2025 results: revenue $8.3 million, net income $17.5 million.

Period: the full year ended December 31, 2025
Revenue: $8.3 million
Net income: $17.5 million
Result: reported results

Exact text from the filing

Revenue for the full year ended December 31, 2025, was $8.3 million, a 5% decrease compared to the prior year.

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Nuwellis, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-26-008781

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