RenovoRx (RNXT) Financial Statements & Analysis

RenovoRx (RNXT) Income Statement

RenovoRx reported revenue of $1.12M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 2511.6% from $43.00K a year earlier. RenovoRx posted a net loss of $11.17M, compared with a net loss of $8.81M a year earlier. Gross margin was 70.9% and operating margin -1114.1%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $909.00K, up 115.4% from the same quarter a year earlier.

RenovoRx Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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RenovoRx, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Mar 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	1.12	0.04	0.04	0.00	0.00	0.00	0.00	0.00
Cost of Revenue	0.33	0.00	-	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.80	0.04	0.04	0.00	0.00	0.00	0.00	0.00
Operating Expenses
Research & Development	6.27	6.03	6.03	5.67	4.30	3.04	2.39	3.00
Selling, General & Administrative	7.04	4.99	4.99	5.73	5.65	2.63	0.82	0.90
Operating Expenses	13.31	11.01	11.01	11.40	9.95	5.67	3.20	3.90
Operating Income	-12.51	-10.97	-10.97	-11.40	-9.95	-5.67	-3.20	-3.90
Other Income/Expense
Interest Income	0.43	0.38	0.38	0.11	0.06	0.07	0.00	0.06
Interest Expense	0.00	0.00	-	0.11	0.06	0.83	0.59	0.00
Other Income/Expense	0.92	2.16	0.38	1.71	0.00	0.18	-0.59	0.06
Income
Income Before Tax	-11.17	-8.81	-8.81	-10.23	-9.89	-6.32	-3.80	-3.84
Income Tax Expense	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Net Income	-11.17	-8.81	-8.81	-10.23	-9.89	-6.32	-3.80	-3.84
Net Income - Continuous Operations	-11.17	-8.81	-8.81	-10.23	-9.89	-6.32	-3.80	-3.84
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	-12.51	-8.81	-10.97	-11.40	-9.94	-5.48	0.00	-3.84
EBIT	-12.51	-	-10.97	-11.40	-9.95	-5.49	-3.20	-
Depreciation & Amortization	0.00	0.00	-	0.01	0.01	0.01	3.20	0.00
Earnings Per Share
Basic EPS	-	-	-	-1.00	-1.00	-1.00	-	-
Diluted EPS	-	-	-	-1.00	-1.00	-1.00	-	-
Basic Shares Outstanding	35.33	23.61	22.27	10.29	9.05	5.22	17.32	17.32
Diluted Shares Outstanding	35.33	23.61	22.27	10.29	9.05	5.22	17.32	17.32

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About RenovoRx Financial Statements

What was RenovoRx's revenue in fiscal 2025?

RenovoRx reported revenue of $1.12M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 2511.6% from $43.00K a year earlier.

Is RenovoRx profitable?

No. RenovoRx reported a net loss of $11.17M in fiscal 2025. In fiscal 2024 it lost $8.81M.

What is RenovoRx's operating margin?

RenovoRx's operating income was −$12.51M on revenue of $1.12M in fiscal 2025, an operating margin of -1114.1%, compared with -25511.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition