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Vycor Medical (VYCO) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · Vycor Medical (VYCO) Q2 2026 earnings results →

Q2 2026 Revenue down 16% year over year to $418K · 5¢ of every $1 of revenue lost · operating margin 1.6%

Vycor Medical made $418K in Q2 2026 (-16% Y/Y): Vycor Medical Inc $401K, NovaVision Inc $17K. Operating margin 1.6%, net loss $22K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.

Revenue$418K
Year over year-16%
Operating margin1.6%
Net earnings−$22K
Operating cash flow−$5K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $418K in Q2 2026, down 16% year over year and down 9% from the previous quarter. Vycor Medical Inc was the largest line at 96% of revenue. Vycor Medical Inc lost $81K year over year (down 17%), 103% of the total change.

Gross margin was 82.4%, down 1.3 points from Q2 2025. Operating profit was $7K, a 1.6% margin (down 8.7 points year over year). Operating expenses fell 7% while revenue fell 16%. The quarter ended with a net loss of $22K, after a profit of $20K the previous quarter. Net interest and other expense of $26K was the main reason.

Operating cash flow was −$5K. Non-cash charges added back $15K of depreciation and amortization. Working capital and other items added $3K.

Quarterly history

Vycor Medical revenue by quarterVycor Medical revenue by quarter$455KQ4 2024$436KQ1 2025$496KQ2 2025$514KQ3 2025$417KQ4 2025$459KQ1 2026$418KQ2 2026
Vycor Medical net earnings by quarterVycor Medical net earnings by quarter−$7KQ4 2024−$39KQ1 2025$24KQ2 2025$5KQ3 2025−$63KQ4 2025$20KQ1 2026−$22KQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 14, 2026$418K-16%1.6%−$22K−$5K
Q1 202610-QMay 15, 2026$459K+5%10.0%$20K$99K
Q4 202510-KMar 31, 2026$417K-8%-8.8%−$63K$39K
Q3 202510-QNov 14, 2025$514K+32%6.2%$5K−$72K
Q2 202510-QAug 8, 2025$496K+22%10.3%$24K$47K
Q1 202510-QMay 15, 2025$436K+30%-2.9%−$39K−$27K
Q4 202410-KApr 15, 2025$455K+48%4.2%−$7K−$38K

Charts

Vycor Medical: revenue growth, year over year and quarter over quarterVycor Medical: revenue growth, year over year and quarter over quarterY/YQ/Q+48%Q4 2024+30%-4%Q1 2025+22%+14%Q2 2025+32%+4%Q3 2025-8%-19%Q4 2025+5%+10%Q1 2026-16%-9%Q2 2026
Latest (Q2 2026): Y/Y -16%, Q/Q -9%.
Vycor Medical: where the cash came from (+) and went (−), TTM to Q2 2026Vycor Medical: where the cash came from (+) and went (−), TTM to Q2 2026Net borrowing (+) / repaid (−)−$62KOperating cash flow$61KCash drawn (+) / kept (−)−$59KOther financing$59KAsset & business sales$2KOther investing−$2KNot reconciled$20
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Vycor Medical: profit against cash, quarter by quarterVycor Medical: profit against cash, quarter by quarterNet incomeOperating cash flow−$60K$10KQ3 2024−$7K−$38KQ4 2024−$39K−$27KQ1 2025$24K$47KQ2 2025$5K−$72KQ3 2025−$63K$39KQ4 2025$20K$99KQ1 2026−$22K−$5KQ2 2026
Latest (Q2 2026): Net income −$22K, Operating cash flow −$5K.
Vycor Medical: diluted shares by fiscal yearVycor Medical: diluted shares by fiscal year26MFY202030MFY202132MFY202233MFY202333MFY202433MFY2025
+27.9% since FY2020: more shares outstanding (issuance, stock pay).
Vycor Medical in its industry: growth against margin (111 companies, SIC 3841)Vycor Medical in its industry: growth against margin (111 companies, SIC 3841)revenue growth, year over year →↑ operating marginmedian +10%median -9%MDLNMMMSYKBSXBDXBAXSOLVRMDDXCMWSTMMEDPODDGMEDTFXICUIMMSIIARTPENHAETNDMEMBCIRTCATECGKOSOFIXINSPNVCRUFPTATRCBVSAORTPRCTTCMDARAYANGOKIDSSKINLMATHTFLMDXGCERSSIBNTMCISTIMINFUBBNXKMTSOSURANIKDCTHRCELSGHTIRMDXTNTLUNGNPCEPDEXTELACARLLNSRSIMOBIAPYXSSIICVRXCLPTKRMDTLSIPROFSNWVCTSOIDXGUTMDRVPSNOAPREMNEPHDRIOVVOSBTCYNXGLMDAIMDNCPMINONE.SRTSSINTIVFNMTCNSPRAURXXAIRLUCDTNONINBSRNXTVTAKUSAQICUHRGNCNSYPLSEPETVFEMYOSRHCODXOBIORDGLPAVMGUTSVYCO (-16%, 2%)
Surgical & Medical Instruments & Apparatus; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Vycor Medical

With corporate headquarters in Boca Raton, FL, Vycor Medical, Inc. (“Vycor”) is a publicly traded company (OTCQB: VYCO) dedicated to providing the medical community with innovative and superior surgical and therapeutic solutions and has a growing portfolio of FDA cleared or registered medical solutions that are changing and improving lives every day. The Company operates two business units: Vycor Medical and NovaVision, both of which adopt a minimally or non-invasive approach. Vycor Medical’s FDA-cleared ViewSite™ Brain Access System (VBAS) a minimally invasive neurosurgical device designed to improve access to brain lesions while reducing tissue damage and enhancing patient outcomes. The VBAS system has been approved and used in over 350 hospitals in the US and in numerous countries internationally.

In its own words, from its 8-K, filed Aug 14, 2026.

Vycor Medical against its Surgical & Medical Instruments & Apparatus peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -16% against the peers' median +5%. Operating margin: 1.6% against the peers' median 13.3%.

CompanyQuarterRevenueY/YOp. margin
VYCO Vycor MedicalQ2 2026$418K-16%1.6%
MDLN MedlineQ3 2026$7.9B+10%6.4%
MMM 3MQ3 2026$6.6B+1%23.7%
SYK StrykerQ3 2026$6.5B+8%15.9%
BSX Boston ScientificQ3 2026$5.1B+1%16.1%
BDX Becton DickinsonQ3 FY26$5.0B+5%13.3%
BAX Baxter InternationalQ3 2026$3.0B+5%7.6%
SOLV SolventumQ3 2026$1.9B-7%3.5%
RMD ResMedQ1 FY27$1.4B+6%32.0%

Source: Vycor Medical 10-Q on SEC EDGAR · CIK 1424768 · Surgical & Medical Instruments & Apparatus

More on VYCO

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

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