SANUWAVE Health, Inc.
SANUWAVE Health, Inc. (Nasdaq: SNWV) is a medical device company that develops and markets directed-energy products using noninvasive, low-frequency ultrasound for wound care. Its sole commercial product is the UltraMIST® system, which delivers ultrasound through a fluid mist without contacting the wound and is… From the company’s description.
Over the twelve months to Jun 30, 2026, SANUWAVE Health, Inc. reported revenue of $43.90M, up 12.0% from a year earlier, and net income of $14.31M. Its operating margin was 1.5%, and operations generated $5.22M in cash. In fiscal 2025, it reported revenue of $44.05M, up 35.0% from fiscal 2024, and net income of $11.81M.
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 SANUWAVE Health, Inc. does
In the company’s own words
SANUWAVE Health, Inc. (Nasdaq: SNWV) is a medical device company that develops and markets directed-energy products using noninvasive, low-frequency ultrasound for wound care. Its sole commercial product is the UltraMIST® system, which delivers ultrasound through a fluid mist without contacting the wound and is FDA-cleared for healing and debridement of a range of acute and chronic wounds. Healthcare professionals use the portable system in hospitals, physician offices, wound centers, nursing homes, skilled nursing facilities and patients’ homes. Customers purchase the system and sterile, single-use applicators for each treatment; applicators generated approximately 58% of revenue in 2025. The company sells through direct representatives, independent distributors and resellers, primarily in the United States. SANUWAVE reported $44.1 million in revenue for the fiscal year ended December 31, 2025, and had 55 full-time U.S. employees at year-end. In 2020, it acquired Celularity’s MIST and UltraMIST assets, including related intellectual property and trademarks. Its website is www.sanuwave.com.
Company details
- Sector
- Health Care
- Industry (SIC)
- Surgical & Medical Instruments
- Headquarters
- EDEN PRAIRIE, MN
- Fiscal year end
- December
- CIK
- 1417663
- SIC
- 3841
Financial performance, year by year
Fiscal 2011–2025 · USDThe 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.
Who owns SANUWAVE Health, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · SANUWAVE Health, Inc.’s weight in each
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.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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