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Nephros, Inc. — Third Quarter 2026 Earnings Summary

Nephros, Inc. reported net revenue of $5.6 million for the third quarter of 2026, representing an 18% increase compared to the same period in 2025. The company achieved a net income of $0.5 million and an Adjusted EBITDA of $0.6 million during the quarter, driven by growth in programmatic and emergency response revenues. Over the first nine months of 2026, net revenue reached $16.9 million, a 20% year-over-year increase, while the active installed customer base expanded to a record 1,766 sites. As of September 30, 2026, the company maintained a debt-free status with $4.5 million in cash and cash equivalents.

Company
NEPHROS INC
Sector
Healthcare
Industry
Medical Instruments & Supplies