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CorMedix (CRMD) operating margin by quarter

CorMedix's operating margin was 42.1% in Q2 2026 (second quarter 2026), -7.9 pts from Q1 2026. Over the last 7 quarters it ranged from 41.4% (Q4 2024) to 51.5% (Q1 2025).

CorMedix operating margin by quarterCorMedix operating margin by quarter41.4%Q4 202451.5%Q1 202549.2%Q2 202549.2%Q3 202546.0%Q4 202550.0%Q1 202642.1%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 202642.1%-7.9 pts-7.1 pts
Q1 202650.0%+4.0 pts-1.5 pts
Q4 202546.0%-3.3 pts+4.5 pts
Q3 202549.2%+0.1 pts—
Q2 202549.2%-2.3 pts—
Q1 202551.5%+10.0 pts—
Q4 202441.4%——

Q2 2026 at a glance

CorMedix, Q2 2026: revenue $102M (+156% year over year), operating margin 42.1%, net earnings $26.0M, operating cash flow $86.2M. The chart follows the revenue to costs, profit and cash.

Questions

What is CorMedix's operating margin?

CorMedix's operating margin was 42.1% in Q2 2026 (second quarter 2026), -7.9 pts from Q1 2026.

How has CorMedix's operating margin changed?

Over the last 7 quarters it ranged from 41.4% (Q4 2024) to 51.5% (Q1 2025).

Q2 2026 results → · How CorMedix makes money →