Get started

Financials · ELUT

Elutia Inc. (ELUT) financials

For the twelve months ended Jun 30, 2026, Elutia Inc. reported $12.13M of revenue and $51.81M of net income.

Revenue, TTM
$12.13M
Revenue growth, YoY
-0.3%
Net income, TTM
$51.81M
Net margin
426.9%
Free cash flow, TTM
-$46.03M
EPS, diluted, TTM
$1.00
Cash
$19.90M
P/E
0.79
P/S
3.38
Market cap
$41.0M
Annual revenue$12.29M
FY2019FY2025
Annual net income$53.38M
FY2019FY2025
Annual free cash flow-$46.69M
FY2019FY2025

ELUT revenue and earnings growth

ELUT revenueQ2 2026$2.43M

Quarter YoY
-11.6%
QoQ
-22.1%
FY YoY
-15.0%
5Y CAGR
-22.0%

ELUT revenue was $2.43M in fiscal Q2 2026 (ended Jun 30, 2026), down 11.6% from a year earlier and down 22.1% from the prior quarter. For the full fiscal 2025 it was $12.29M, down 15.0% from fiscal 2024. Compound annual growth was -22.0% over 5 years. It rose in 2 of the last 6 fiscal years.

ELUT net incomeQ2 2026-$7.65M

ELUT net income was -$7.65M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$9.61M a year earlier. For the full fiscal 2025 it was $53.38M, compared with -$53.95M in fiscal 2024. Fiscal 2025 is the highest of the 7 fiscal years on file.

ELUT EPSQ2 2026-$0.17

ELUT diluted EPS was -$0.17 in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$0.26 a year earlier. For the full fiscal 2025 it was $0.87.

ELUT free cash flowQ2 2026-$8.55M

ELUT free cash flow was -$8.55M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$8.34M a year earlier. For the full fiscal 2025 it was -$46.69M, compared with -$23.31M in fiscal 2024.

Export CSV

Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
Revenue$12.29M$14.47M$24.75M$23.85M$47.39M$42.68M$42.90M
Cost of revenue$5.70M$7.75M$13.69M$12.21M$28.37M$22.12M$23.13M
Gross profit$6.60M$6.71M$11.05M$11.64M$19.02M$20.56M$19.77M
Research and development$4.16M$3.00M$4.40M$7.73M$9.27M$5.95M$2.40M
Selling, general and admin$15.08M$18.07M$14.10M$16.05M$13.69M$10.64M$9.62M
Operating income-$26.91M-$30.71M-$30.53M-$35.19M-$23.03M-$13.60M-$8.41M
Interest expense-$4.78M$5.80M$5.12M$5.32M$5.63M$5.38M
Pre-tax income-$15.86M-$45.34M-$41.22M-$36.15M-$24.78M-$21.80M-$11.91M
Income tax$13.0K$7.0K$28.0K$34.0K$55.0K$26.0K$30.0K
Net income$53.38M-$53.95M-$37.66M-$32.90M-$24.83M-$21.82M-$11.94M
EPS, basic$1.29-$1.86-$2.07-$2.38-$2.38-$8.88-$18.48
EPS, diluted$0.87-$1.86-$2.07-$2.38-$2.38-$8.88-$18.48
Diluted shares45.9M29.1M18.2M13.8M10.4M2.9M645,994

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
Cash and equivalents$36.35M$13.24M$19.28M$16.99M$30.43M$39.53M$2.59M
Receivables$1.73M$2.28M$3.26M$3.77M$6.00M$7.17M$7.23M
Inventory$2.62M$1.93M$3.85M$4.24M$9.55M$10.12M$7.19M
Current assets$55.82M$26.17M$31.25M$50.70M$47.43M$59.71M$18.45M
Total assets$62.35M$36.13M$43.43M$68.84M$67.17M$82.81M$44.77M
Current liabilities$25.14M$37.80M$43.04M$42.62M$26.00M$26.78M$18.27M
Short-term debt-$1.25M$3.32M-$8.06M$6.31M$1.69M
Long-term debt-$22.60M$20.36M$24.26M$10.41M$17.81M$19.61M
Total debt-$23.85M$23.68M$24.26M$18.47M$24.12M$21.30M
Total liabilities$34.68M$82.39M$82.03M$73.87M$53.65M$61.98M$55.43M
Shareholders' equity$27.67M-$46.26M-$38.60M-$5.03M$13.52M$20.83M-$55.11M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
Operating cash flow-$44.81M-$22.66M-$21.76M-$21.43M-$15.45M-$13.63M-$7.22M
Capital expenditures$1.88M$654.0K$346.0K$540.0K$369.0K$640.0K$577.0K
Free cash flow-$46.69M-$23.31M-$22.11M-$21.97M-$15.81M-$14.27M-$7.80M
Investing cash flow$78.56M-$474.0K$14.21M-$540.0K-$369.0K-$640.0K-$577.0K
Financing cash flow-$10.64M$17.09M$9.84M$8.54M$6.71M$51.21M$7.98M
Stock-based compensation$5.21M$7.89M$2.44M$3.65M$3.54M$779.0K$208.0K
Depreciation and amortization$2.79M$3.45M$3.75M$3.73M$3.73M$3.86M$3.86M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
Revenue growth, YoY-15.0%-41.5%3.8%-49.7%11.0%-0.5%-
Gross margin53.7%46.4%44.7%48.8%40.1%48.2%46.1%
Operating margin-218.9%-212.3%-123.4%-147.5%-48.6%-31.9%-19.6%
Net margin434.2%-372.9%-152.2%-137.9%-52.4%-51.1%-27.8%
Free cash flow margin-379.8%-161.1%-89.3%-92.1%-33.4%-33.4%-18.2%
Return on equity192.9%----183.7%-104.8%-
Return on assets85.6%-149.3%-86.7%-47.8%-37.0%-26.4%-26.7%
Current ratio2.220.690.731.191.822.231.01
Debt to equity----1.371.16-

Source: XBRL data Elutia Inc. files with the SEC, latest filing dated Aug 14, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ELUT peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ELUT$12.13M-0.3%$51.81M426.9%$41.0M
AMGN$38.90B+8.2%$9.39B24.1%$251.65B
GILD$30.99B+6.5%-$3.86B-12.5%$211.94B
MRNA$2.52B+13.1%-$2.79B-110.5%$101.49B
ARGX$4.25B+88.6%$1.29B30.4%$60.30B
RVMD$0--$1.13B-$41.76B
BIIB$10.30B+2.3%$347.50M3.4%$37.44B
BNTX€2.87B+4.3%-€1.14B-39.6%$21.91B
EXEL$2.50B+9.1%$885.14M35.5%$17.22B

ELUT FAQ

9 questions
  • What is ELUT revenue?
    Elutia Inc. (ELUT) reported $12.13M of revenue for the twelve months ended Jun 30, 2026. That is down 0.3% from the year before. Revenue for fiscal 2025 was $12.29M.
  • Is ELUT profitable?
    Yes. Elutia Inc. earned $51.81M in net income for the twelve months ended Jun 30, 2026, a net margin of 426.9%.
  • How much cash and debt does ELUT have?
    Elutia Inc. reported $19.90M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is ELUT revenue growing?
    Elutia Inc.'s revenue changed -15.0% in fiscal 2025, to $12.29M. Its compound annual growth rate was -22.0% over 5 years.
  • What is ELUT gross margin?
    Elutia Inc.'s gross profit was $7.02M on $12.13M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 57.8%.
  • What is ELUT free cash flow?
    Elutia Inc. generated -$46.03M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of -$43.99M less capital expenditures.
  • What is ELUT earnings per share?
    Diluted earnings per share were $1.00 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did ELUT last report financial results?
    The latest statements here come from Elutia Inc.'s 10-Q filed on Aug 14, 2026, covering the period ended Jun 30, 2026.
  • Where does this ELUT financial data come from?
    Quantisnow builds these statements from the structured XBRL data Elutia Inc. files with the SEC. It is provided for information only and is not investment advice.