Nephros reports record Q2 2026 revenue of $6 million, up 36%, and net income of $1.2 million
Nephros reported second quarter 2026 net revenue of $6 million, up 36% from $4.4 million a year earlier, and net income of $1.2 million versus $0.2 million. Net income includes a one-time tariff refund of approximately $0.6 million, and the company stated it has not yet received the refund, booking it as a receivable. Revenue growth and higher profit both improved, though gross margin rose largely because of the one-time refund.
Key points
- Q2 2026 net revenue was a record $6 million, up 36% from $4.4 million; core programmatic revenue grew 27%
- Q2 2026 net income was $1.2 million, or $0.11 per diluted share, versus $0.2 million, or $0.02, a year earlier
- Net income includes a one-time IEEPA tariff refund of approximately $0.6 million; cash and equivalents were $4.7 million at June 30, 2026, and the company reports no debt
The filing
Written by AI on Nov 9, 2026, 8:36 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 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.