Nephros, Inc.

Nephros, Inc. Earnings Recaps

NEPH Health Care 1 recap
Q3 2025 Nov 9, 2025

Nephros, Inc. delivered strong third-quarter results with $4.8 million in revenue, marking a 35% year-over-year increase and achieving profitability for the fifth consecutive quarter.

Key takeaways
  • Record $4.8 million in revenue driven by growth in programmatic and service offerings.
  • Five consecutive quarters of profitability with net income rising to $337,000.
  • Strong gross margins maintained at 61%, despite increased inventory handling expenses.
  • Active customer sites exceeded 1,650, consistent with expanding market presence.
  • Positive cash flow from operations improved by $722,000 year-over-year.