7/103 sources · 3 publishersUpdated Nov 6, 18:07 UTC
Nephros reports 18% Q3 2026 revenue growth and record customer base
Nephros, Inc. announced its third‑quarter 2026 results on November 5. Net revenue rose 18% to $5.6 million, net income increased to $0.5 million and adjusted EBITDA to $0.6 million. The company added about 31 new customer sites, bringing the active installed base to a record 1,766 sites, with healthcare accounting for roughly 64% of the additions.
Why it matters
Nephros said it aims to finish 2026 strong, suggesting continued revenue momentum and profitability could support its shareholders. The record customer base and diversified applications may enhance future growth prospects.
Key facts
- 1Net revenue for the quarter was $5.6 million, an 18% increase year over year. sec.gov
- 2Net income was $0.5 million, up from $0.3 million in the prior year quarter. sec.gov
- 3Adjusted EBITDA was $0.6 million, compared with $0.4 million a year earlier. sec.gov
- 4The company added approximately 31 new customer sites, raising the active installed base to 1,766 sites. sec.gov
- 5Gross margin for the quarter was 58%, down from 61% in the comparable prior‑year period. sec.gov
- 6Trailing twelve‑month revenue exceeded $21 million. sec.gov
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.