Business Wire·Nov 10, 2026, 4:05 PM ET

Electromed, Inc. Delivers Continued Growth in Fiscal 2027 First Quarter

Electromed, Inc. reported 16 consecutive quarters of year-over-year revenue and operating income growth for Q1 FY 2027.
Net revenues reached $18.7 million in Q1 FY 2027, a 10.6% increase from $16.9 million in the prior year quarter.
Direct homecare business revenue grew 17.6% to $17.5 million, driven by increased sales representative headcount & productivity.
Non-homecare revenue totaled $1.2 million, with hospital revenue down 31.6%, distributor revenue down 55.9%, & other revenue down 23.0%.
Operating income rose 30.7% to $3.5 million, representing 18.7% of net revenues.
Gross profit increased to $14.9 million, achieving an 80.0% gross margin.
Selling, general & administrative expenses increased 8.6% to $11.2 million due to higher salaries, compensation, & travel costs.
Net income increased 29.3% to $2.8 million, or $0.32 per diluted share.
The company returned $4.3 million to shareholders through common stock repurchases.
As of September 30, 2026, Electromed held $15.9 million in cash, $30.3 million in accounts receivable, & zero debt.
Working capital stood at $44.9 million with total shareholders' equity of $52.5 million.
A conference call to discuss results is scheduled for November 10, 2026, at 5:00 p.m. Eastern Time.