Nephros Achieves Third Consecutive Profitable Quarter with Strong Q2 2025 Results

NEPH
September 20, 2025
Nephros, Inc. announced strong financial results for the second quarter ended June 30, 2025, reporting net revenue of $4.4 million. This marks a robust 36% increase year-over-year from $3.3 million in Q2 2024. The company achieved its third consecutive quarter of net income, reporting $0.2 million compared to a net loss of $0.3 million in Q2 2024. Core programmatic revenue grew by 31% over the same period in 2024, reflecting strong reorders and a record number of new active sites. For the first half of 2025, net revenue climbed to $9.3 million, a 37% increase from $6.8 million in the prior year period, with net income reaching $0.8 million. Gross margin for Q2 2025 improved to 63% from 59% in Q2 2024, driven by reduced shipping costs and inventory adjustments. The dialysis water segment delivered its second-highest performance on record and secured the largest dialysis filtration purchase order in company history. Active-site counts reached all-time highs across infection control, dialysis water, and commercial segments. As of June 30, 2025, Nephros held approximately $5.1 million in cash and cash equivalents, an increase from $3.8 million at December 31, 2024, and remains debt-free. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.