Financials · MDWD

MediWound Ltd. (MDWD) financials

For fiscal 2025 (ended Dec 31, 2025), MediWound Ltd. reported $16.96M of revenue and -$23.88M of net income.

Revenue, FY2025
$16.96M
Revenue growth, YoY
-16.1%
Net income, FY2025
-$23.88M
Net margin
-140.8%
Free cash flow, FY2025
-$21.63M
EPS, diluted, FY2025
-$2.10
Cash
$4.80M
P/S
11.97
Market cap
$203.0M
Annual revenue$16.96M
FY2016FY2025
Annual net income-$23.88M
FY2016FY2025
Annual free cash flow-$21.63M
FY2016FY2025

MDWD revenue and earnings growth

MDWD revenueFY2025$16.96M

FY YoY
-16.1%
5Y CAGR
-4.9%
10Y CAGR
+39.7%

MDWD revenue was $16.96M for fiscal 2025 (ended Dec 31, 2025), down 16.1% from fiscal 2024. Compound annual growth was -4.9% over 5 years and +39.7% over 10 years. It rose in 7 of the last 10 fiscal years.

MDWD net incomeFY2025-$23.88M

MDWD net income was -$23.88M for fiscal 2025 (ended Dec 31, 2025), compared with -$30.22M in fiscal 2024.

MDWD EPSFY2025-$2.10

MDWD diluted EPS was -$2.10 for fiscal 2025 (ended Dec 31, 2025), compared with -$3.03 in fiscal 2024.

MDWD free cash flowFY2025-$21.63M

MDWD free cash flow was -$21.63M for fiscal 2025 (ended Dec 31, 2025), compared with -$19.90M in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$16.96M$20.22M$18.69M$26.50M$23.76M$21.76M$31.79M$3.40M$2.50M$1.56M
Cost of revenue$13.71M$17.59M$15.11M$13.33M$14.99M$14.22M$11.85M$2.09M$1.58M$2.16M
Gross profit$3.25M$2.63M$3.58M$13.16M$8.77M$7.54M$19.94M$1.31M$918.0K-$600.0K
Research and development$14.32M$8.88M$7.47M$10.18M$10.26M$7.70M$4.97M$4.07M$5.46M$7.07M
Selling, general and admin$8.45M$8.20M$6.77M$6.92M$6.35M$5.46M$5.24M$3.80M$3.78M$4.08M
Operating income-$25.27M-$19.40M-$15.29M-$8.35M-$11.22M-$8.84M$4.49M-$3.96M-$13.69M-$20.16M
Interest expense$2.46M$12.81M$1.89M$11.64M$2.31M$1.28M$2.98M$2.12M$1.25M$896.0K
Pre-tax income-$23.71M-$30.16M-$6.53M-$19.52M-$13.52M-$9.28M$2.07M---
Income tax$169.0K$61.0K$185.0K$78.0K$27.0K$0$0---
Net income-$23.88M-$30.22M-$6.72M-$19.60M-$13.55M-$9.20M$4.96M-$1.06M-$22.15M-$18.89M
EPS, basic-$2.10-$3.03-$0.75-$3.93-$3.48-$2.38----
EPS, diluted-$2.10-$3.03-$0.75-$3.93-$3.48-$2.38----
Diluted shares11.4M10.0M9.0M5.0M3.9M27.2M27.2M27.1M23.3M21.9M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$4.80M$9.15M$11.87M$33.90M$11.05M$17.38M$7.24M$6.72M$36.07M$28.87M
Inventory$4.09M$2.69M$2.85M$1.96M$1.20M$1.38M$1.61M$1.68M$1.89M$844.0K
Current assets$59.96M$52.16M$49.70M$45.84M$14.95M$26.19M$35.63M$32.71M$41.52M$33.61M
Total assets$86.25M$73.50M$66.46M$50.02M$19.74M$31.07M$40.59M$35.28M$44.13M$35.76M
Current liabilities$25.71M$26.54M$18.13M$12.06M$10.72M$8.27M$10.37M$4.90M$5.43M$5.38M
Total liabilities$42.62M$42.34M$34.86M$39.10M$24.33M$23.80M$25.42M$26.30M$34.76M$27.99M
Shareholders' equity$43.63M$31.15M$31.59M$10.91M-$4.58M$7.27M$15.17M$8.97M$9.37M$7.77M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow-$16.12M-$13.62M-$10.46M-$11.88M-$8.92M-$6.89M$8.29M-$12.15M-$16.45M-$16.45M
Capital expenditures$5.50M$6.27M$6.46M$555.0K$489.0K$923.0K$792.0K$522.0K$1.04M$671.0K
Free cash flow-$21.63M-$19.90M-$16.93M-$12.44M-$9.40M-$7.82M$7.50M-$12.68M-$17.50M-$17.12M
Investing cash flow-$17.95M-$8.40M-$34.32M-$481.0K$3.55M$17.39M-$6.90M-$17.04M$437.0K$1.82M
Financing cash flow$29.62M$19.39M$22.92M$35.76M-$1.05M--$46.0K$23.00M$907.0K
Stock-based compensation$3.11M$3.14M$1.94M$1.95M$1.67M$1.32M$1.23M$645.0K$1.36M$3.17M
Depreciation and amortization$1.86M$1.48M$1.30M$1.27M$1.24M$1.09M$1.15M$577.0K$567.0K$589.0K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-16.1%8.2%-29.5%11.5%9.2%-31.5%834.7%36.3%60.2%159.2%
Gross margin19.2%13.0%19.1%49.7%36.9%34.7%62.7%38.6%36.8%-38.5%
Operating margin-149.0%-95.9%-81.8%-31.5%-47.2%-40.6%14.1%-116.4%-548.4%-1293.6%
Net margin-140.8%-149.5%-35.9%-74.0%-57.0%-42.3%15.6%-31.1%-887.4%-1212.1%
Free cash flow margin-127.5%-98.4%-90.6%-47.0%-39.6%-35.9%23.6%-372.7%-701.1%-1098.6%
Return on equity-54.7%-97.0%-21.3%-179.6%--126.5%32.7%-11.8%-236.4%-243.1%
Return on assets-27.7%-41.1%-10.1%-39.2%-68.6%-29.6%12.2%-3.0%-50.2%-52.8%
Current ratio2.331.972.743.801.393.173.436.687.646.25

Source: XBRL data MediWound Ltd. files with the SEC, latest filing dated Mar 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

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.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

MDWD peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
MDWD$16.96M-16.1%-$23.88M-140.8%$203.0M
PM$43.14B+7.9%$10.71B24.8%$302.77B
BTI£25.61B-1.0%£7.76B30.3%$131.39B
MO$23.52B+0.5%$8.12B34.5%$126.98B
DFTX---$337.48M-$4.65B
RGC---$11.70M-$2.59B
TRLV$1.08B-9.1%-$445.60M-41.2%$2.14B
RLXCN¥3.96B+44.0%CN¥921.87M23.3%$1.86B
CRON$271.85M+54.3%$63.36M23.3%$1.25B

MDWD FAQ

9 questions
  • What is MDWD revenue?
    MediWound Ltd. (MDWD) reported $16.96M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 16.1% from the year before.
  • Is MDWD profitable?
    No. MediWound Ltd. reported a net loss of $23.88M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does MDWD have?
    MediWound Ltd. reported $4.80M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is MDWD revenue growing?
    MediWound Ltd.'s revenue changed -16.1% in fiscal 2025, to $16.96M. Its compound annual growth rate was -4.9% over 5 years and +39.7% over 10 years.
  • What is MDWD gross margin?
    MediWound Ltd.'s gross profit was $3.25M on $16.96M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 19.2%.
  • What is MDWD free cash flow?
    MediWound Ltd. generated -$21.63M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$16.12M less capital expenditures.
  • What is MDWD earnings per share?
    Diluted earnings per share were -$2.10 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did MDWD last report financial results?
    The latest statements here come from MediWound Ltd.'s 20-F filed on Mar 5, 2026, covering the period ended Dec 31, 2025.
  • Where does this MDWD financial data come from?
    Quantisnow builds these statements from the structured XBRL data MediWound Ltd. files with the SEC. It is provided for information only and is not investment advice.