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Companies/SANUWAVE Health Inc.
Company profile

SANUWAVE Health Inc.

NASDAQ: SNWV · Healthcare · Medical - Equipment & Services
PublicHQ Eden Prairie, MN · HennepinCIK 0001417663Reports USD
#448 of 1,394 Healthcare companies by revenuetop-quartile growth
EA Score
74B
FH 75DQ 83GM 71SS 40
v0.1 · 65/100 weight · provisional
↑ return on equity, return on assets · ↓ listing tenure, balance-sheet leverage
Methodology →
Revenue TTM
$44.3M
Rev growth YoY (TTM)
+22.5%
Net income (FY)
$11.8M
Employees
55
Market cap
$91.4M
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$44.1M$44.1M2025
Net income$11.8M$11.8M2025
Operating income$4.9M$4.9M2025
Total assets$37.3M$37.3M2025
Liabilities$35.7M$35.7M2025
Equity$1.6M$1.6M2025

Revenue trend

FY2022 – FY2025 · USD
$11.2M
FY22
$15.5M
FY22
$19.3M
FY23
$32.3M
FY24
$9.3M
FY25
$19.4M
FY25
$30.7M
FY25
$44.1M
FY25

Revenue by segment

Filed disclosures · FY2025
By product
System Revenue98%
Other Revenue1%
Extended Warranty1%
License Fees0%
By geography

Not disclosed.

The read

SANUWAVE Health Inc. booked $44.1M in FY2025 revenue, growing 44% year over year — faster than most Healthcare companies we track, at a 26.8% net margin.

Peers · Healthcare
enGene Holdings Inc.——Rallybio Corporation47DOncolytics Biotech Inc.——vTv Therapeutics Inc.57C
Neighbors
Hennepin →
UnitedHealth Group Incorporated$447.6B80B+U.S. Bancorp$28.7B66BTarget Corporation$104.8B81B+Xcel Energy Inc.$11.5B67BAmeriprise Financial, Inc.$18.9B73BC.H. Robinson Worldwide, Inc.$16.2B73B
Key facts
CEOMorgan C. Frank
SectorHealthcare
IndustryMedical - Equipment & Services
HeadquartersEden Prairie, MN
ExchangeNASDAQ: SNWV
Employees55
IPO date2024-10-18
Latest filings
8-K2026-06-168-K2026-06-158-K2026-05-1210-Q2026-05-12DEF 14A2026-04-298-K2026-04-1610-K2026-03-268-K2026-03-26
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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