Consumables, Parts, & Accessories Revenue was SANUWAVE Health’s largest product and service line in fiscal 2025, bringing in $25.80M of $44.05M (59%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2022 | FY 2022 | FY 2022 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumables, Parts, & Accessories Revenue | — | — | — | — | $21.12M | $25.80M | |||||
| Consumables & Parts Revenue | — | — | — | $19.65M | — | — | |||||
| System Revenue | — | $1.51M | $902.00K | $10.51M | $11.07M | $17.85M | |||||
| Article Or Substance Produced By Nature, Labor Or Machinery & Act Of Providing Assistance, Classified As Accessories And Parts | — | — | — | — | — | — | |||||
| Accessory & Parts Revenue Related To Include Devices And Applicators (New And Refurbished) | — | $4.85M | $7.87M | — | — | — | |||||
| Product | — | — | — | — | — | — | |||||
| Rental Income | $343.00K | $688.00K | $935.00K | — | — | — | |||||
| License Fees & Other | — | — | — | $604.00K | — | — | |||||
| Right To Use Intangible Asset. Intangible Asset Includes, But Is Not Limited To, Patent, Copyright, Technology, Manufacturing Process, Software Or Trademark & Also Includes Other Revenue Which Are Not Reported Separately | — | — | — | — | — | — | |||||
| License Fees | — | — | — | — | $45.00K | $20.00K | |||||
| Other | — | — | — | — | $306.00K | $206.00K | |||||
| Other Revenue | — | — | — | — | — | — | |||||
| Extended Warranty | — | — | — | — | $95.00K | $172.00K | |||||
| Right To Use Intangible Asset. Intangible Asset Includes, But Is Not Limited To, Patent, Copyright, Technology, Manufacturing Process, Software Or Trademark Classified As License & Other | $15.00K | $28.00K | $33.00K | — | — | — | |||||
| Total | $358.00K | $7.08M | $9.74M | $30.76M | $32.63M | $44.05M |
SANUWAVE Health brought in $44.05M from its five product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 35.0% from $32.63M in fiscal 2024. Consumables, Parts, & Accessories Revenue was the largest at $25.80M (58.6%), ahead of System Revenue at $17.85M (40.5%) and Other at $206.00K (0.5%). The other two lines brought in $192.00K combined.
Compared with fiscal 2024, System Revenue grew 61.2% to $17.85M and Consumables, Parts, & Accessories Revenue grew 22.2% to $25.80M.
SANUWAVE Health began breaking out Consumables, Parts, & Accessories Revenue in fiscal 2024 and Extended Warranty in fiscal 2024. SANUWAVE Health stopped reporting Consumables & Parts Revenue ($19.65M in fiscal 2022), Accessory & Parts Revenue Related To Include Devices And Applicators (New And Refurbished) ($7.87M in fiscal 2022), Rental Income ($935.00K in fiscal 2022) and two others as separate lines.
As Previously Reported was SANUWAVE Health’s largest revenue line in fiscal 2025, bringing in $30.96M of $30.78M (101%).
| Revision of Prior Period | FY 2022 | FY 2022 | FY 2022 | FY 2025 | FY 2025 | FY 2025 |
|---|---|---|---|---|---|---|
| As Previously Reported | — | — | — | $9.34M | $19.51M | $30.96M |
| Previously Reported | $3.54M | $7.94M | $14.25M | — | — | — |
| Adjustment | — | — | — | -$9.00K | -$110.00K | -$181.00K |
| Total | $3.54M | $7.94M | $14.25M | $9.33M | $19.40M | $30.78M |
SANUWAVE Health brought in $30.78M from its two revenue lines in fiscal 2025, the year ended September 30, 2025. That was up 58.7% from $19.40M in fiscal 2025. As Previously Reported was the largest at $30.96M (100.6%).
SANUWAVE Health began breaking out As Previously Reported in fiscal 2025 and Adjustment in fiscal 2025. SANUWAVE Health stopped reporting Previously Reported as a separate revenue line after fiscal 2022, when it brought in $14.25M. The total is net of Adjustment, which took $181.00K off revenue in fiscal 2025.
United States was SANUWAVE Health’s largest region in fiscal 2024, bringing in $21.02M of $21.37M (98%).
| Geography | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|
| United States | $10.67M | $15.25M | $20.17M | $21.02M | ||||
| International | $772.00K | $408.00K | — | $347.00K | ||||
| Total | $11.44M | $15.66M | $20.17M | $21.37M |
SANUWAVE Health brought in $21.37M from its two regions in fiscal 2024, the year ended December 31, 2024. SANUWAVE Health regrouped these regions after fiscal 2023, so the total does not compare directly with that year's $20.17M. United States was the largest at $21.02M (98.4%), ahead of International at $347.00K (1.6%).
From fiscal 2021 to 2024, combined revenue from these regions grew from $11.44M to $21.37M, a compound annual growth rate of 23.1%. United States' share of the total rose from 93.3% to 98.4%.
SANUWAVE Health (SNWV) reports its revenue by product and service, by revision of prior period and by geography. In fiscal 2025, Consumables, Parts, & Accessories Revenue was its largest product and service line, bringing in $25.80M (58.6% of the total), followed by System Revenue at $17.85M (40.5%).
Consumables, Parts, & Accessories Revenue was SANUWAVE Health's largest product and service line in fiscal 2025, bringing in $25.80M, or 58.6% of the $44.05M total across its five product and service lines.
As Previously Reported was SANUWAVE Health's largest revenue line in fiscal 2025, bringing in $30.96M, or 100.6% of the $30.78M total across its two revenue lines.
United States was SANUWAVE Health's largest region in fiscal 2024, bringing in $21.02M, or 98.4% of the $21.37M total across its two regions.
System Revenue grew faster than Consumables, Parts, & Accessories Revenue in fiscal 2025, up 61.2% from $11.07M to $17.85M. Consumables, Parts, & Accessories Revenue grew 22.2% to $25.80M.
Every figure comes from SANUWAVE Health's annual financial filings, as reported. Each line keeps the name SANUWAVE Health gives it, and years follow its fiscal calendar.
SANUWAVE Health's revenue by product and service goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.