Trisalus Life Sciences, Inc. income statement
In fiscal 2025, Trisalus Life Sciences, Inc. reported revenue of $45.2m, up 53.4% on the year before, operating income of −$26.9m (a -59.7% margin) and net income of −$39.2m, or −$1.84 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 12 | 19 | 29 | 45 | 45 |
| Cost of revenue | 2 | 3 | 4 | 7 | 6 |
| Gross profit | 10 | 16 | 25 | 38 | 39 |
| Research and development | 21 | 30 | 18 | 15 | 14 |
| Selling and marketing | 13 | 17 | 26 | 29 | 34 |
| General and administrative | 12 | 24 | 18 | 21 | 21 |
| Operating income | −36 | −54 | −36 | −27 | −31 |
| Interest expense | 0 | 0 | 3 | 6 | 6 |
| Income before tax | −47 | −59 | −30 | −39 | −28 |
| Income tax | 0 | 0 | 0 | 0 | 0 |
| Net income | −47 | −59 | −30 | −39 | −28 |
| Diluted EPS | −$161.55 | −$6.77 | −$1.31 | −$1.84 | −$0.56 |
| Diluted shares (average) | — | 9m | 25m | 38m | 50m |
| EBITDA | −36 | −54 | −35 | −26 | −30 |
| 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 | 7 | 8 | 9 | 11 | 12 | 13 | 9 | 11 |
| Cost of revenue | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 2 |
| Gross profit | 6 | 7 | 8 | 9 | 10 | 11 | 8 | 10 |
| Research and development | 4 | 3 | 3 | 4 | 5 | 3 | 3 | 3 |
| Selling and marketing | 6 | 7 | 7 | 7 | 7 | 8 | 7 | 11 |
| General and administrative | 5 | 5 | 5 | 6 | 7 | 4 | 5 | 5 |
| Operating income | −9 | −8 | −7 | −7 | −9 | −3 | −8 | −10 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | −2 | −10 | −10 | −8 | −11 | −10 | 2 | −9 |
| Income tax | −0 | −0 | 0 | −0 | 0 | 0 | 0 | 0 |
| Net income | −2 | −10 | −10 | −8 | −11 | −10 | 2 | −9 |
| Diluted EPS | −$0.12 | −$0.40 | −$0.39 | −$0.27 | −$0.96 | −$0.12 | $0.03 | −$0.16 |
| EBITDA | −9 | −7 | −7 | −7 | −9 | −3 | −8 | −10 |
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