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Filing Flows › Nuwellis (NUWE) › Q1 2026 › vs Q4 2025

Nuwellis (NUWE) Q1 2026 vs Q4 2025 (quarter over quarter)

Nuwellis's revenue fell $21K (-0.9%) from $2.4M in Q4 2025 to $2.4M in Q1 2026.

Nuwellis, Q1 2026: revenue $2.4M (+26% year over year), operating margin -190.1%, net loss $4.5M, operating cash flow −$3.1M. The chart draws each line against Q4 2025, the increases inside each band.

Nuwellis: what changed, Q1 2026 vs Q4 2025Nuwellis: what changed, Q1 2026 vs Q4 2025Net loss$2.1MOperating cash sources$2.1MNet loss absorbed$2.1MCosts & expenses$2.1MOperating costs$2.1MWorking capital & other$2.0MSG&A$1.3MResearch & development$844KCash used in operations$82KCost of revenue−$51K

Every line

LineQ1 2026Q4 2025Change%
Revenue$2.4M$2.4M−$21K-0.9%
Other income, net$27K$21K$6K+29%
Net loss$4.5M$2.4M$2.1M+87%
Costs & expenses$7.0M$4.9M$2.1M+43%
Operating costs$7.0M$4.9M$2.1M+43%
Cost of revenue$719K$770K−$51K-7%
Research & development$1.7M$884K$844K+95%
SG&A$4.5M$3.2M$1.3M+41%
Operating cash sources$4.5M$2.4M$2.1M+87%
Depreciation & amortization$38K$34K$4K+12%
Share-based compensation$25K$24K$1K+4%
Working capital & other$1.4M−$666K$2.0M—
Cash used in operations$3.1M$3.0M$82K+3%
Net loss absorbed$4.5M$2.4M$2.1M+87%

Questions

How much did Nuwellis's revenue grow quarter over quarter in Q1 2026?

Nuwellis's revenue fell $21K (-0.9%) from $2.4M in Q4 2025 to $2.4M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →