CorMedix (CRMD) Work In Process (2023 - 2025)

CorMedix (CRMD) reported Work In Process of $11.7 million for Q4 2025, up 231.38% on a YoY basis from $3.5 million in Q4 2024, and up 28.73% sequentially from $9.1 million in Q3 2025.

CorMedix (CRMD) Work In Process (2023 - 2025) Analysis & Trends

CorMedix (CRMD) has 3 years of Work In Process data on file, last reported at $11.7 million in Q4 2025.

  • For the quarter ending Q4 2025, Work In Process rose 231.38% year-over-year to $11.7 million; the trailing twelve-month figure through Dec 2025 stood at $11.7 million (up 231.38% YoY), and the FY2025 full-year result was $11.7 million, up 231.38% from the prior year.
  • Work In Process rose to $11.7 million in Q4 2025, from $9.1 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $11.7 million in Q4 2025 to a low of $471415.0 in Q1 2024.
  • A 3-year average of $4.7 million and a median of $4.3 million in 2025 frame the typical range for Work In Process.
  • Peak annual rise in Work In Process reached 808.43% in 2025, while the deepest fall reached 78.61% in 2025.
  • Tracing CRMD's Work In Process over 3 years: stood at $580925.0 in 2023, then soared by 507.31% to $3.5 million in 2024, then surged by 231.38% to $11.7 million in 2025.
  • Business Quant data shows CRMD's Work In Process at $11.7 million in Q4 2025, $9.1 million in Q3 2025, and $5.2 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn
4 NuCana 279.75 Bn 279.75 Bn -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn
7 Belite Bio 62.51 Bn 62.51 Bn -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn -
10 CorMedix 546.82 Mn 391.62 Mn 107.31 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 11.69 Mn
Sep 30, 2025 9.08 Mn
Jun 30, 2025 5.20 Mn
Mar 31, 2025 4.28 Mn
Dec 31, 2024 3.53 Mn
Sep 30, 2024 5.08 Mn
Jun 30, 2024 2.01 Mn
Mar 31, 2024 471,415.00
Dec 31, 2023 580,925.00