10x Insights
Loading account…
Companies / Health Care / Delcath Systems, Inc.
DCTH

Delcath Systems, Inc.

Health CareSurgical & Medical Instruments
Ticker DCTHQUEENSBURY, NYFiscal year ends DecemberBook value per share $3.06Diluted shares 39.6M

Delcath Systems, Inc. (Nasdaq: DCTH) is an interventional oncology company focused on treating cancers that originate in or spread to the liver. Its HEPZATO KIT combines the chemotherapy drug melphalan with a proprietary hepatic delivery system to deliver treatment to the liver while filtering hepatic venous blood to… From the company’s description.

Over the twelve months to Jun 30, 2026, Delcath Systems, Inc. reported revenue of $95.42M, up 35.8% from a year earlier, and net income of $0.53M. Its operating margin was −1.9%, and operations generated $19.59M in cash. In fiscal 2025, it reported revenue of $85.23M, up 129.1% from fiscal 2024, and net income of $2.70M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$85.23MFY2025
+129.1% year over year
Last 12 mo $95.42M
0.77%FY2025
+34.1 percentage points
Last 12 mo -1.90%
$2.70MFY2025
+110.2% year over year
Last 12 mo $0.53M
2.43%FY2025
+40.8 percentage points
Last 12 mo 0.44%
Cash & financing
$22.52MFY2025
+220.5% year over year
Last 12 mo $19.59M
$20.97MFY2025
+209.0% year over year
Last 12 mo $17.51M
—
Was 0.00× a year earlier
39.9MFY2025
+40.0% year over year
Last 12 mo 39.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Delcath Systems, Inc. does

In the company’s own words

Delcath Systems, Inc. (Nasdaq: DCTH) is an interventional oncology company focused on treating cancers that originate in or spread to the liver. Its HEPZATO KIT combines the chemotherapy drug melphalan with a proprietary hepatic delivery system to deliver treatment to the liver while filtering hepatic venous blood to limit systemic exposure. In the United States, HEPZATO is approved for certain adults with unresectable uveal melanoma liver metastases. In Europe, the device-only CHEMOSAT system is used with melphalan for percutaneous hepatic perfusion to treat a range of liver cancers. Hospitals and cancer centers are the primary treatment settings, with physicians administering the products through an interventional radiology procedure. Delcath operates as one reportable segment and also conducts clinical development focused on additional cancer indications. As of December 31, 2025, 25 U.S. sites were actively treating or preparing to treat patients with HEPZATO, and CHEMOSAT was available at 22 European cancer centers. The company assumed direct responsibility for CHEMOSAT sales and distribution in Europe in 2022. Its website is www.delcath.com.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
QUEENSBURY, NY
Fiscal year end
December
CIK
872912
SIC
3841

Financial performance, year by year

Fiscal 2011–2025 · USD
$-66.60M$-22.41M$21.78M$65.96M$110.15M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Delcath Systems, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

111
funds hold it
0 of 35
superinvestors hold it
$56.72M
held by funds, at market
13.6%
of shares held by funds

Largest fund holders · Delcath Systems, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Simplify Propel Opportunities ETF
SURI · Simplify Exchange Traded Funds
4.26%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Delcath Systems, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Delcath Systems, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Delcath Systems, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.