Zynex, Inc. (ZYXI) Financial Statements

Income statement

Metric	TTM	2024	2023	2022	2021
Revenue
Total Revenue	108.2M	192.4M	184.3M	158.2M	130.3M
Cost of Revenue	30.7M	39.4M	38.4M	32.0M	26.9M
Gross Profit	77.5M	152.9M	146.0M	126.2M	103.4M
Operating Expenses
R&D Expense	12.0M	—	—	—	2.6M
SG&A Expense	114.7M	146.9M	135.2M	103.2M	77.5M
General & Admin Expense	56.2M	60.4M	48.5M	36.1M	24.4M
Selling & Marketing Expense	58.5M	86.6M	86.7M	67.1M	53.1M
Other Expenses	18.7M	—	—	—	949.0K
Total Operating Expenses	145.4M	146.9M	135.2M	103.2M	81.0M
Cost and Expenses	176.1M	186.4M	173.5M	135.2M	107.9M
Operating Income (EBIT)	(67.9M)	6.0M	10.8M	22.9M	22.4M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	3.0M	2.4M	1.1M	440.0K	95.0K
Net Interest Income	(3.0M)	(2.4M)	(1.1M)	(440.0K)	(95.0K)
Other Non-Op Income/Expense	(3.0M)	(2.4M)	1.8M	(740.0K)	(95.0K)
Non-Operating Income (excl Interest)	—	(19.0K)	(2.9M)	300.0K	—
EBT (Pre-Tax Income)	(70.9M)	3.6M	12.6M	22.2M	22.3M
Income Tax Expense	3.0M	633.0K	2.8M	5.2M	5.2M
Bottom Line
Net Income	(74.0M)	3.0M	9.7M	17.0M	17.1M
Earnings from Cont. Ops	(74.0M)	3.0M	9.7M	17.0M	17.1M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(74.0M)	3.0M	9.7M	17.0M	17.1M
Per Share
Basic EPS	($2.43)	$0.09	$0.27	$0.44	$0.41
Diluted EPS	($2.43)	$0.09	$0.27	$0.44	$0.40
Revenue Per Share	$3.57	$6.02	$5.18	$4.11	$3.09
Shares
Basic Shares Outstanding	30.3M	31.9M	35.6M	38.5M	42.1M
Diluted Shares Outstanding	30.3M	32.3M	36.1M	39.1M	43.1M
Profitability Metrics
EBITDA	(64.3M)	10.8M	17.9M	25.8M	24.7M
D&A	3.6M	4.8M	4.2M	3.1M	2.3M
EBIT	(67.9M)	6.0M	13.7M	22.6M	22.4M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2025