Electromed reports record FY 2026 revenue of $73.8 million; CEO Jim Cunniff to retire in April 2027
Electromed reported record fiscal 2026 results, with net revenues up 15.3% to $73.8 million and net income up to $11.3 million, or $1.30 per diluted share. The company also said CEO and director Jim Cunniff plans to retire on or about April 2, 2027, and the board has begun a search for his successor.
Key points
- FY 2026 net revenues rose 15.3% to $73.8 million; operating income rose 43.7% to $13.9 million
- Q4 FY 2026 net income rose 54.3% to $3.4 million, or $0.39 per diluted share
- Cash from operations fell to $9.7 million from $11.4 million; the company repurchased $3.9 million of stock
- CEO Jim Cunniff expects to retire on or about April 2, 2027 and will leave the board upon retirement
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 25, 2026.
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