Filing Flows › Sanuwave Health (SNWV) › Q2 2026 › vs Q2 2025
Sanuwave Health (SNWV) Q2 2026 vs Q2 2025 (year over year)
Sanuwave Health's revenue fell $315K (-3%) from $10.1M in Q2 2025 to $9.7M in Q2 2026. The biggest changes: System revenue −$1.2M (-34%); Consumables, parts, and accessories revenue +$812K (+12%); Extended warranty +$37K (+90%).
Sanuwave Health, Q2 2026: revenue $9.7M (-3% year over year), operating margin -2.9%, net loss $682K, operating cash flow $425K. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 0.9% | -1.7% | +2.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Consumables, parts, and accessories revenue | $7.3M | $6.5M | $812K | +12% |
| System revenue | $2.3M | $3.4M | −$1.2M | -34% |
| Extended warranty | $78K | $41K | $37K | +90% |
| Other | $48K | $45K | $3K | +7% |
| Revenue | $9.7M | $10.1M | −$315K | -3% |
| Net loss | $682K | −$551K | $1.2M | — |
| Costs & expenses | $10.4M | $10.1M | $367K | +4% |
| Operating costs | $10.0M | $8.6M | $1.4M | +16% |
| Interest & other, net | $396K | $887K | −$491K | -55% |
| Income tax | $6K | $0 | $6K | — |
| Cost of revenue | $2.3M | $2.2M | $109K | +5% |
| Research & development | $628K | $194K | $434K | +224% |
| Sales & marketing | $1.9M | $1.7M | $249K | +15% |
| General & admin | $4.9M | $4.4M | $534K | +12% |
| Other operating costs | $251K | $174K | $77K | +44% |
| Operating cash sources | $1.8M | $1.3M | $535K | +41% |
| Depreciation & amortization | $313K | $179K | $134K | +75% |
| Share-based compensation | $1.5M | $1.1M | $401K | +35% |
| Net loss absorbed | $682K | −$551K | $1.2M | — |
| Working capital & other | $738K | $868K | −$130K | -15% |
| Operating cash flow | $425K | $993K | −$568K | -57% |
| Free cash flow (OCF − capex) | $91K | −$166K | $257K | — |
| Capital expenditures | $334K | $1.2M | −$825K | -71% |
Questions
How much did Sanuwave Health's revenue grow year over year in Q2 2026?
Sanuwave Health's revenue fell $315K (-3%) from $10.1M in Q2 2025 to $9.7M in Q2 2026.
What drove Sanuwave Health's revenue change in Q2 2026?
System revenue −$1.2M (-34%); Consumables, parts, and accessories revenue +$812K (+12%); Extended warranty +$37K (+90%).