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Companies / Healthcare / KORU Medical Systems, Inc.
KRMD

KORU Medical Systems, Inc.

HealthcareSurgical & Medical Instruments
Ticker KRMDMAHWAH, NJFiscal year ends DecemberBook value per share $0.39Diluted shares 46.2M

KORU Medical Systems, Inc. (Nasdaq Capital Market: KORU) develops, manufactures, and commercializes innovative large-volume subcutaneous infusion solutions for drug delivery applications. The company's website is www.korumedical.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$41.13M
+22.2% year over year
Last 12 mo $45.11M
-7.23%
+11.9 percentage points
Last 12 mo -3.66%
$-2.64M
+56.5% year over year
Last 12 mo $-1.82M
-15.47%
+20.6 percentage points
Last 12 mo -10.08%
Cash & financing
$0.46M
+244.6% year over year
Last 12 mo $1.39M
$-0.47M
+70.9% year over year
Last 12 mo $0.72M
0.01
Was 0.04× a year earlier
Last 12 mo 0.01
46.2M
+0.8% year over year
Last 12 mo 46.2M

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 KORU Medical Systems, Inc. does

In the company’s own words

KORU Medical Systems, Inc. (Nasdaq Capital Market: KORU) develops, manufactures, and commercializes innovative large-volume subcutaneous infusion solutions for drug delivery applications. The company's website is www.korumedical.com.

The company's primary product is the FREEDOM Infusion System, a mechanical drug delivery platform comprising the FREEDOM60 Syringe Driver, FreedomEdge Syringe Driver, HIgH-Flo Subcutaneous Safety Needle Sets, and Precision Flow Rate Tubing. These FDA-cleared devices are designed for self-administration of therapies in home and alternate care settings, with particular focus on subcutaneous immunoglobulin delivery for treating Primary Immunodeficiency Diseases and Chronic Inflammatory Demyelinating Polyneuropathy. The FREEDOM System is also approved for administration of RYSTIGGO, a novel biologic for generalized myasthenia gravis treatment.

KORU operates through three revenue streams: domestic core business covering the United States and Canada, international core operations, and pharma services and clinical trials. The company generates revenue from product sales of syringe drivers, tubing, and needles, as well as non-recurring engineering services and feasibility studies for biopharmaceutical partners developing novel subcutaneous therapies. The company manufactures one hundred percent of pump products at its Mahwah, New Jersey facility and sources consumable supplies from both internal production and Command Medical Products, a contract manufacturer in Nicaragua.

As of December 31, 2025, KORU employed 73 full-time employees, with approximately 48 percent female representation and 38 percent minority representation in the workforce. The company distributes products through nine primary distributors, with three in the United States and six internationally, representing approximately 77 percent of net revenues. One U.S. distributor alone accounts for approximately 29 percent of revenues.

KORU holds 15 U.S. patents and 26 foreign patents protecting its drug delivery systems, with fundamental patents extending through 2039 and beyond. The company maintains an intellectual property portfolio including eight pending U.S. patent applications and 18 foreign patent applications. The company's mechanical infusion approach offers advantages over electronic pumps through lower cost, battery-free operation, and reduced maintenance requirements while maintaining clinical efficacy for subcutaneous drug delivery applications.

Company details
Sector
Healthcare
Industry
Surgical & Medical Instruments
Headquarters
MAHWAH, NJ
Fiscal year end
December
CIK
704440
SIC
3841

Financial performance, year by year

Fiscal 2013–2025 · USD
$-19.63M$-1.97M$15.68M$33.34M$50.99M2013201420152016201720182019202020212022202320242025Last 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 KORU Medical Systems, Inc. — and what changed

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

77
funds hold it
0 of 35
superinvestors hold it
$23.52M
held by funds, at market
12.3%
of shares held by funds

Largest fund holders · KORU Medical 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
0.01%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.01%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”.

Could not be determined for this company: bond issues.

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

Connected research

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