Therapeuticsmd, Inc. income statement
In fiscal 2025, Therapeuticsmd, Inc. reported revenue of $3.0m, up 71.6% on the year before, operating income of −$4.4m (a -145.3% margin) and net income of −$569,000, or −$0.05 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 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 4 | 9 | 15 | 20 | 19 | 17 | 16 | 50 | 65 | 3 | 70 | 1 | 2 | 3 | 3 |
| Cost of revenue | — | — | — | — | — | 4 | 3 | 3 | 6 | 16 | 1 | 1 | — | — | — | — |
| Gross profit | 1 | 2 | 7 | 11 | 16 | 15 | 14 | 13 | 43 | 49 | 1 | 69 | 1 | — | — | — |
| Research and development | 0 | 4 | 14 | 43 | 72 | 54 | 34 | 27 | 20 | 10 | 7 | — | — | — | — | — |
| Selling, general and administrative | 6 | 14 | 19 | 22 | 29 | 51 | 58 | 116 | 174 | 193 | — | — | 9 | 5 | — | — |
| Selling and marketing | — | — | — | — | — | — | — | — | — | — | 108 | — | — | — | — | — |
| General and administrative | — | — | — | — | — | — | — | — | — | — | 81 | 57 | — | — | 7 | 7 |
| Operating income | −5 | −16 | −26 | −54 | −85 | −90 | −78 | −130 | −151 | −156 | −80 | 1 | −9 | −6 | −4 | −4 |
| Interest expense | 0 | 2 | 2 | 1 | — | — | — | 5 | 17 | 29 | 33 | 0 | 0 | 0 | 0 | — |
| Income before tax | −13 | −35 | −28 | −54 | −85 | −90 | −77 | −133 | −176 | −184 | −79 | 1 | −8 | −2 | −1 | −0 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | −0 | −0 | — | — |
| Net income | −13 | −35 | −28 | −54 | −85 | −90 | −77 | −133 | −176 | −184 | −172 | 112 | −10 | −2 | −1 | −0 |
| Diluted EPS | −$0.21 | −$0.38 | −$0.22 | −$0.36 | −$0.49 | −$0.46 | −$0.37 | −$0.59 | −$0.72 | −$0.67 | −$21.66 | $11.96 | −$0.99 | −$0.19 | −$0.05 | — |
| Diluted shares (average) | 1m | 2m | 3m | 3m | 3m | 4m | 4m | 5m | 5m | 6m | 8m | 9m | 10m | 12m | 12m | — |
| EBITDA | −5 | −16 | −26 | −54 | −85 | −90 | −77 | −130 | −150 | −151 | −79 | 2 | −8 | −6 | −4 | −4 |
| 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 | 547 | 667 | 393 | 952 | 784 | 893 | 724 | 869 |
| Selling, general and administrative | — | — | 1,081 | 1,551 | — | — | — | — |
| General and administrative | 1,585 | 1,212 | — | — | 1,518 | 2,292 | 1,353 | 1,577 |
| Operating income | −1,134 | −652 | −1,281 | −695 | −862 | −1,552 | −723 | −816 |
| Income before tax | −567 | 83 | −668 | 545 | 50 | −580 | 103 | 164 |
| Income tax | — | — | −32 | 0 | 0 | — | — | — |
| Net income | −609 | 252 | −653 | 551 | 152 | −619 | 95 | 155 |
| Diluted EPS | −$0.05 | $0.02 | −$0.06 | $0.05 | $0.01 | −$0.05 | $0.01 | $0.01 |
| EBITDA | −1,038 | −552 | −1,186 | −599 | −766 | −1,455 | −629 | −721 |
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