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Sanuwave Health vs Cytosorbents: SNWV and CTSO compared
Sanuwave Health is the larger company: $9.7M of revenue in its latest quarter (Q2 2026) against $9.6M for Cytosorbents (Q2 2026). Cytosorbents is growing faster (+0.2% against -3% a year earlier). Sanuwave Health is more profitable, with an operating margin of -2.9% against -27.4%.
Where the money goes: SNWV and CTSO
Sanuwave Health (SNWV) · Q2 2026
Sanuwave Health, Q2 2026: revenue $9.7M (-3% year over year), operating margin -2.9%, net loss $682K, operating cash flow $425K. The chart follows the revenue to costs, profit and cash.
Cytosorbents (CTSO) · Q2 2026
Cytosorbents, Q2 2026: revenue $9.6M (+0.2% year over year), operating margin -27.4%, net loss $4.4M, operating cash flow −$583K. The chart follows the revenue to costs, profit and cash.
| Sanuwave Health (SNWV) | Cytosorbents (CTSO) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $9.7M | $9.6M |
| Revenue growth, Y/Y | -3% | +0.2% |
| Operating margin | -2.9% | -27.4% |
| Net earnings | −$682K | −$4.4M |
| Net margin | -7.0% | -45.9% |
| Operating cash flow | $425K | −$583K |
| Free cash flow | $91K | — |
Where the revenue comes from
Sanuwave Health
- Consumables, parts, and accessories revenue: $7.3M (75%)
- System revenue: $2.3M (23%)
- Extended warranty: $78K (1%)
- Other: $48K (0%)
Questions
Which is bigger, Sanuwave Health or Cytosorbents?
Sanuwave Health is the larger company: $9.7M of revenue in its latest quarter (Q2 2026) against $9.6M for Cytosorbents (Q2 2026).
Is Sanuwave Health or Cytosorbents growing faster?
Cytosorbents is growing faster (+0.2% against -3% a year earlier).
Which is more profitable, Sanuwave Health or Cytosorbents?
Sanuwave Health is more profitable, with an operating margin of -2.9% against -27.4%.
More: Sanuwave Health earnings · how Sanuwave Health makes money · Cytosorbents earnings · how Cytosorbents makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 6, 2026; 10-Q filed Aug 6, 2026). Fiscal quarters can end on different dates. Not investment advice.