Seastar Medical Holding Corp income statement

In fiscal 2025, Seastar Medical Holding Corp reported revenue of $1.2m, up 814.1% on the year before, operating income of −$12.2m (a -986.6% margin) and net income of −$12.2m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Seastar Medical Holding Corp: income statement, annual
Fiscal year	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	0	0	1	2
Cost of revenue	0	0	0	0
Gross profit	0	0	1	2
Research and development	6	9	8	9
General and administrative	8	9	6	7
Operating income	−14	−18	−12	−14
Interest expense	1	0	0	0
Income before tax	−26	−25	−12	−14
Income tax	0	0	0	0
Net income	−26	−25	−12	−14
Diluted EPS	−$30.26	−$6.63	—	—
Diluted shares (average)	—	4m	2m	—

US$ thousands unless shown otherwise. Fiscal quarters.

Seastar Medical Holding Corp: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	68	67	293	338	183	420	495	615
Cost of revenue	0	0	0	27	14	12	46	54
Gross profit	68	67	293	311	169	408	449	561
Research and development	2,336	2,738	2,431	1,037	1,850	2,200	2,344	2,520
General and administrative	2,188	2,096	1,684	1,030	1,898	1,224	1,708	1,832
Operating income	−4,456	−4,767	−3,822	−1,756	−3,579	−3,016	−3,603	−3,791
Interest expense	272	−253	11	9	0	13	6	8
Income before tax	−4,478	−4,419	−3,769	−2,002	−3,472	−2,904	−3,518	−3,730
Income tax	0	0	3	0	0	0	3	0
Net income	−4,478	−4,419	−3,772	−2,002	−3,472	−2,904	−3,521	−3,730
Diluted EPS	−$11.00	−$0.53	−$4.40	−$1.80	—	—	—	—

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: ICU vs IMDX FEMY vs ICU ICU vs VNRX ICU vs PLSE

More: Health Care Equipment stocks compared, Health Care sector, rankings of US companies

Figures from Seastar Medical Holding Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Seastar Medical Holding Corp.