Nephros, Inc. Q3 2025 Earnings Recap

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.