# KORU Medical Systems, Inc.: overview

KRMD · Nasdaq · CIK 704440 · [Healthcare](/sectors/healthcare.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/krmd.md) · [Financials](/companies/krmd/financials.md) · [Filings](/companies/krmd/filings.md) · [Insiders](/companies/krmd/insiders.md)

Latest reported revenue: [$12.0m](/filings/0001161697-26-000189.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:Revenues, accession 0001161697-26-000189).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [8.2](/filings/0001161697-25-000372.md) | [8.8 d](/filings/0001161697-26-000052.md) | [9.6](/filings/0001161697-26-000108.md) | [10.2](/filings/0001161697-26-000189.md) | [10.4](/filings/0001161697-25-000372.md) | [10.9 d](/filings/0001161697-26-000052.md) | [11.8](/filings/0001161697-26-000108.md) | [12.0](/filings/0001161697-26-000189.md) |
| Gross margin | % | [63.4%](/filings/0001161697-25-000372.md) | [62.9% d](/filings/0001161697-26-000052.md) | [62.8%](/filings/0001161697-26-000108.md) | [63.5%](/filings/0001161697-26-000189.md) | [60.2%](/filings/0001161697-25-000372.md) | [62.6% d](/filings/0001161697-26-000052.md) | [61.5%](/filings/0001161697-26-000108.md) | [65.1%](/filings/0001161697-26-000189.md) |
| Operating margin | % | [(20.8%)](/filings/0001161697-25-000372.md) | [(18.0%) d](/filings/0001161697-26-000052.md) | [(12.9%)](/filings/0001161697-26-000108.md) | [(3.1%)](/filings/0001161697-26-000189.md) | [(8.3%)](/filings/0001161697-25-000372.md) | [(5.0%) d](/filings/0001161697-26-000052.md) | [(7.4%)](/filings/0001161697-26-000108.md) | [5.2%](/filings/0001161697-26-000189.md) |
| Net margin | % | [(19.3%)](/filings/0001161697-25-000372.md) | [(17.7%) d](/filings/0001161697-26-000052.md) | [(12.1%)](/filings/0001161697-26-000189.md) | [(2.0%)](/filings/0001161697-26-000189.md) | [(7.5%)](/filings/0001161697-25-000372.md) | [(4.5%) d](/filings/0001161697-26-000052.md) | [(6.9%)](/filings/0001161697-26-000189.md) | [2.1%](/filings/0001161697-26-000189.md) |
| Diluted EPS | $ per share | [0.03](/filings/0001161697-25-000372.md) | not reported | [(0.03)](/filings/0001161697-26-000108.md) | [0.00](/filings/0001161697-26-000189.md) | [0.02](/filings/0001161697-25-000372.md) | not reported | [(0.02)](/filings/0001161697-26-000108.md) | [0.01](/filings/0001161697-26-000189.md) |
| Free cash flow | $m | [(2.0) d](/filings/0001161697-25-000372.md) | [0.9 d](/filings/0001161697-26-000052.md) | [(0.7)](/filings/0001161697-26-000108.md) | [(0.5) d](/filings/0001161697-26-000189.md) | [0.0 d](/filings/0001161697-25-000372.md) | [0.7 d](/filings/0001161697-26-000052.md) | [(0.0)](/filings/0001161697-26-000108.md) | [0.1 d](/filings/0001161697-26-000189.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [23.5](/filings/0001161697-23-000158.md) | [27.9](/filings/0001161697-24-000139.md) | [28.5](/filings/0001161697-25-000103.md) | [33.6](/filings/0001161697-26-000052.md) | [41.1](/filings/0001161697-26-000052.md) |
| Gross margin | % | [58.6%](/filings/0001161697-23-000158.md) | [55.1%](/filings/0001161697-24-000139.md) | [58.6%](/filings/0001161697-25-000103.md) | [63.4%](/filings/0001161697-26-000052.md) | [62.3%](/filings/0001161697-26-000052.md) |
| Operating margin | % | [(29.9%)](/filings/0001161697-23-000158.md) | [(38.6%)](/filings/0001161697-24-000139.md) | [(36.0%)](/filings/0001161697-25-000103.md) | [(19.2%)](/filings/0001161697-26-000052.md) | [(7.2%)](/filings/0001161697-26-000052.md) |
| Net margin | % | [(19.4%)](/filings/0001161697-23-000158.md) | [(31.0%)](/filings/0001161697-24-000139.md) | [(48.2%)](/filings/0001161697-25-000103.md) | [(18.0%)](/filings/0001161697-26-000052.md) | [(6.4%)](/filings/0001161697-26-000052.md) |
| Diluted EPS | $ per share | [(0.10)](/filings/0001161697-23-000158.md) | [(0.19)](/filings/0001161697-24-000139.md) | [(0.30)](/filings/0001161697-25-000103.md) | [(0.13)](/filings/0001161697-26-000052.md) | [(0.06)](/filings/0001161697-26-000052.md) |
| Free cash flow | $m | [(4.7)](/filings/0001161697-23-000158.md) | [(8.2)](/filings/0001161697-24-000139.md) | [(5.7)](/filings/0001161697-25-000103.md) | [(1.6)](/filings/0001161697-26-000052.md) | [(0.5)](/filings/0001161697-26-000052.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/krmd/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [First Light Asset Management, LLC](/funds/1600004.md) | 2026-06-30 | $14.2m | 3,387,902 |  | Reduced −380,478 |
| [Topline Capital Management, LLC](/funds/1792549.md) | 2026-06-30 | $14.2m | 3,373,842 |  | Reduced −141,069 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $11.0m | 2,628,352 |  | Added +256,526 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $7.6m | 1,818,121 |  | Added +131,897 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $4.7m | 1,128,096 |  | Added +76,888 |
| [Simcoe Capital LLC](/funds/2109203.md) | 2026-06-30 | $3.5m | 827,393 |  | Added +16,146 |
| [Meros Investment Management, LP](/funds/1911372.md) | 2026-06-30 | $3.2m | 759,664 |  | Reduced −787 |
| [Lionhunter Capital Management, LLC](/funds/2137268.md) | 2026-06-30 | $2.9m | 693,139 |  | Not compared |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $2.7m | 646,572 |  | Reduced −2,657 |
| [Archon Capital Management LLC](/funds/1398825.md) | 2026-06-30 | $2.7m | 642,923 |  | Unchanged |

## Recent filings

[All 858 filings](/companies/krmd/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-14 | 20:01 ET | [8-K](/filings/0001161697-26-000200.md) | 5.03 Amendment to articles or bylaws; 9.01 Financial statements and exhibits | 0001161697-26-000200 |
| 2026-08-05 | 20:08 ET | [10-Q](/filings/0001161697-26-000189.md) | Quarterly report, period 2026-06-30 | 0001161697-26-000189 |
| 2026-08-05 | 20:04 ET | [8-K](/filings/0001161697-26-000188.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001161697-26-000188 |
| 2026-06-30 | 20:57 ET | [8-K](/filings/0001161697-26-000139.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001161697-26-000139 |
| 2026-05-21 | 20:11 ET | [8-K](/filings/0001161697-26-000128.md) | 5.07 Shareholder vote results | 0001161697-26-000128 |
| 2026-05-06 | 20:04 ET | [10-Q](/filings/0001161697-26-000108.md) | Quarterly report, period 2026-03-31 | 0001161697-26-000108 |
| 2026-05-06 | 20:02 ET | [8-K](/filings/0001161697-26-000107.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001161697-26-000107 |
| 2026-04-09 | 20:03 ET | [DEF 14A](/filings/0001161697-26-000091.md) | Proxy statement, period 2025-12-31 | 0001161697-26-000091 |
| 2026-04-03 | 20:00 ET | [8-K](/filings/0001161697-26-000086.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001161697-26-000086 |
| 2026-03-16 | 01:44 ET | [8-K](/filings/0001161697-26-000055.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001161697-26-000055 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001161697-26-000052.md), filed Mar 12, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/ecb418d9-43c7-4985-a557-427c53f418f1)

## About the filer

- CIK: 704440
- Tickers: KRMD
- Exchange: Nasdaq
- SIC code: 3841 Surgical & Medical Instruments & Apparatus
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:22 ET. No prices; not investment advice.
