---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-008781"
form_type: "8-K"
ticker: "NUWE"
cik: "0001506492"
company_name: "Nuwellis, Inc."
filed_at: "2026-03-10T23:59:59+00:00"
generated_at: "2026-05-15T16:23:53.259218+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-26-008781
- form_type: 8-K
- ticker: NUWE
- cik: 0001506492
- company_name: Nuwellis, Inc.
- filed_at: 2026-03-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506492/000114036126008781/0001140361-26-008781-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506492/000114036126008781/ef20067396_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-008781
- JSON: https://secwatch.observer/filing/0001140361-26-008781.json
- Plain text: https://secwatch.observer/filing/0001140361-26-008781.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506492/000114036126008781/0001140361-26-008781-index.htm
- Earnings Releases
  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
  source text: Revenue for the full year ended December 31, 2025, was $8.3 million, a 5% decrease compared to the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506492/000114036126008781/0001140361-26-008781-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.