Nephros Q2 FY26 net income rises 405% to $1.2 million; revenue increases 36% to $6 million - NEPH News | RalliesNephros Q2 FY26 net income rises 405% to $1.2 million; revenue increases 36% to $6 million
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NEPH• Quarterly results
- Nephros posted Q2 net revenue of $6 million, up 36% year over year, marking its highest quarterly level on record.
- Net income rose to $1.2 million; results included a one-time tariff refund benefit of about $0.6 million.
- Gross margin widened 4 percentage points to 67%, helped by the tariff refund recorded as a reduction in cost of goods sold.
- Adjusted EBITDA (non-GAAP) climbed to $1.3 million from $0.4 million a year earlier.
- Management cited a 27% year-over-year increase in core programmatic revenue, alongside accelerating service revenue and newer product adoption.
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