CorMedix (CRMD) Operating Expenses (2010 - 2026)
CorMedix's Operating Expenses came in at $34.22 million for Q2 2026, up 86.7% from $18.33 million a year earlier.
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Analysis
CorMedix (CRMD) Operating Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, CorMedix reported Operating Expenses of $142.46 million, up 113.1% year-over-year; for FY2025, it came in at $125.61 million, up 100.5% from FY2024.
- Operating Expenses has increased in each of the last six years, with a five-year compound annual growth rate of 35.7% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $62.64 million in FY2024 (+27.9%), $48.96 million in FY2023 (+59.5%), $30.69 million in FY2022 (+4.1%) and $29.48 million in FY2021 (+8.2%).
- The five-year range for quarterly Operating Expenses is $6.97 million (Q3 2022) to $48.18 million (Q4 2025).
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2025 (growth of 196.9%), and the weakest in Q3 2022 (a decline of 18.8%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 7.95 Bn |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 10.12 Bn |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 10.56 Bn |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | 12.80 Bn |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 6.09 Bn |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 9.70 Bn |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 6.54 Bn |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | 18.20 Bn |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | 6.68 Bn |
| 10 | CorMedix | 609.51 Mn | -43.01 Mn | 77.13 Mn | 34.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.22 Mn |
| Dec 31, 2025 | 48.18 Mn |
| Sep 30, 2025 | 41.73 Mn |
| Jun 30, 2025 | 18.33 Mn |
| Mar 31, 2025 | 17.36 Mn |
| Dec 31, 2024 | 17.10 Mn |
| Sep 30, 2024 | 14.06 Mn |
| Jun 30, 2024 | 15.60 Mn |
| Mar 31, 2024 | 15.89 Mn |
| Dec 31, 2023 | 15.67 Mn |
| Sep 30, 2023 | 10.47 Mn |
| Jun 30, 2023 | 11.80 Mn |
| Mar 31, 2023 | 11.02 Mn |
| Dec 31, 2022 | 8.42 Mn |
| Sep 30, 2022 | 6.97 Mn |
| Jun 30, 2022 | 8.26 Mn |
| Mar 31, 2022 | 7.04 Mn |
| Dec 31, 2021 | 7.79 Mn |
| Sep 30, 2021 | 8.58 Mn |
| Jun 30, 2021 | 5.88 Mn |
API Access
CorMedix Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CRMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();