Financial Statements — UTMD
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 87.53 | 87.41 | 84.27 | 82.18 | 83.33 | 88.45 | 89.22 | 93.81 | 88.21 | 84.62 | 80.91 | 69.51 | 66.22 | 65.87 | 64.32 | 59.51 | 56.03 |
| Accounts Receivable | 3.57 | 3.64 | 3.73 | 3.63 | 3.94 | 3.72 | 3.67 | 3.59 | 3.49 | 3.60 | 3.82 | 6.03 | 4.94 | 5.72 | 4.85 | 4.61 | 4.16 |
| Inventory | 9.00 | 8.72 | 8.12 | 8.23 | 8.65 | 9.11 | 9.06 | 9.24 | 9.71 | 10.12 | 9.94 | 8.31 | 7.34 | 7.37 | 6.30 | 6.12 | 5.98 |
| Total Current Assets | 100.64 | 100.38 | 96.53 | 94.38 | 96.40 | 101.66 | 102.32 | 107.15 | 101.85 | 98.81 | 95.11 | 84.24 | 78.95 | 79.48 | 75.85 | 70.59 | 66.62 |
| Property, Plant & Equipment | 9.63 | 9.72 | 10.00 | 10.26 | 9.95 | 10.42 | 10.19 | 10.27 | 10.35 | 10.54 | 10.24 | 9.85 | 10.17 | 10.56 | 10.55 | 10.81 | 10.72 |
| Goodwill | 13.96 | 13.92 | 14.05 | 14.19 | 13.77 | 14.03 | 13.64 | 13.64 | 13.42 | 13.68 | 13.50 | 12.87 | 13.40 | 13.90 | 14.06 | 14.24 | 14.23 |
| Intangible Assets | 0.35 | 0.36 | 1.39 | 1.98 | 2.40 | 3.59 | 3.88 | 4.39 | 5.63 | 7.45 | 8.91 | 11.04 | 13.21 | 15.42 | 18.91 | 20.80 | 22.45 |
| Total Non-current Assets* | 23.93 | 24.00 | 25.44 | 26.43 | 26.12 | 28.04 | 27.71 | 28.29 | 29.40 | 31.67 | 32.66 | 34.17 | 37.20 | 40.32 | 43.91 | 46.21 | 47.77 |
| Total Assets | 124.57 | 124.38 | 121.98 | 120.80 | 122.52 | 129.69 | 130.03 | 135.44 | 131.24 | 130.48 | 127.77 | 118.41 | 116.15 | 119.80 | 119.75 | 116.79 | 114.39 |
| Accounts Payable | 0.88 | 1.19 | 0.77 | 0.74 | 0.91 | 1.00 | 0.83 | 1.00 | 0.51 | 1.34 | 1.03 | 1.29 | 0.82 | 1.45 | 1.03 | 1.19 | 0.84 |
| Total Current Liabilities | 2.07 | 3.51 | 3.01 | 2.25 | 4.32 | 3.44 | 3.94 | 5.47 | 4.18 | 5.14 | 6.07 | 6.27 | 4.44 | 6.10 | 5.01 | 4.43 | 4.57 |
| Long-term Debt | 0.20 | 0.21 | -- | -- | 0.27 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.47 | 0.50 | 0.71 | 1.01 | 1.15 | 2.06 | 2.04 | 2.23 | 3.36 | 3.57 | 3.68 | 3.96 | 4.24 | 4.54 | 4.76 | 5.00 | 4.94 |
| Total Liabilities | 2.54 | 4.01 | 3.72 | 3.27 | 5.47 | 5.50 | 5.98 | 7.70 | 7.54 | 8.71 | 9.75 | 10.23 | 8.68 | 10.64 | 9.77 | 9.43 | 9.51 |
| Retained Earnings | 131.95 | 130.26 | 127.96 | 126.86 | 128.20 | 134.05 | 135.34 | 139.00 | 135.14 | 132.28 | 129.15 | 122.52 | 119.29 | 117.79 | 118.49 | 115.33 | 112.94 |
| Total Stockholder Equity | 122.03 | 120.37 | 118.25 | 117.53 | 117.05 | 124.20 | 124.05 | 127.74 | 123.70 | 121.76 | 118.02 | 108.19 | 107.47 | 109.17 | 109.98 | 107.37 | 104.88 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 8.53 | 8.72 | 9.05 | 9.81 | 9.95 | 9.71 | 9.16 | 10.01 | 10.40 | 11.34 | 12.33 | 12.51 | 12.87 | 12.52 | 13.58 | 12.96 | 13.43 | 12.32 | 12.91 | 12.57 |
| Cost of Revenue | 3.77 | 3.44 | 3.78 | 4.21 | 4.36 | 4.17 | 3.84 | 4.20 | 4.15 | 4.57 | 5.24 | 5.15 | 5.13 | 4.68 | 5.25 | 4.77 | 5.28 | 4.79 | 4.80 | 4.50 |
| Gross Profit | 4.76 | 5.28 | 5.26 | 5.60 | 5.60 | 5.54 | 5.32 | 5.80 | 6.25 | 6.77 | 7.10 | 7.36 | 7.74 | 7.84 | 8.33 | 8.19 | 8.15 | 7.53 | 8.11 | 8.07 |
| Research & Development | 0.15 | 0.15 | 0.21 | 0.17 | 0.14 | 0.15 | 0.12 | 0.17 | 0.26 | 0.27 | 0.14 | 0.14 | 0.13 | 0.14 | 0.12 | 0.11 | 0.14 | 0.12 | 0.14 | 0.13 |
| Selling, General & Admin | 1.96 | 2.56 | -- | 2.83 | 2.26 | 2.23 | -- | 2.29 | 2.56 | 2.62 | -- | 3.25 | 3.18 | 3.26 | -- | 2.93 | 2.96 | 2.89 | -- | 2.85 |
| Total Operating Expenses | 2.11 | 2.72 | 2.82 | 2.99 | 2.40 | 2.38 | 2.39 | 2.46 | 2.82 | 2.88 | 3.15 | 3.39 | 3.31 | 3.40 | 3.26 | 3.05 | 3.09 | 3.01 | 2.98 | 2.98 |
| Operating Income | 2.65 | 2.57 | 2.44 | 2.61 | 3.20 | 3.15 | 2.93 | 3.34 | 3.44 | 3.88 | 3.94 | 3.97 | 4.43 | 4.44 | 5.07 | 5.14 | 5.06 | 4.52 | 5.13 | 5.10 |
| Pretax Income | 3.29 | 3.18 | 3.11 | 3.31 | 3.84 | 3.86 | 3.61 | 4.18 | 4.21 | 4.80 | 5.02 | 4.78 | 5.17 | 5.12 | 5.59 | 5.34 | 5.20 | 4.53 | 5.18 | 5.16 |
| Tax Provision | 0.60 | 0.58 | 0.54 | 0.68 | 0.79 | 0.82 | 0.71 | 0.62 | 0.76 | 0.84 | 0.73 | 0.85 | 0.97 | 0.91 | 1.03 | 1.06 | 1.10 | 1.00 | 1.05 | 0.95 |
| Net Income | 2.69 | 2.60 | 2.57 | 2.63 | 3.05 | 3.04 | 2.90 | 3.56 | 3.45 | 3.96 | 4.29 | 3.94 | 4.20 | 4.21 | 4.56 | 4.28 | 4.10 | 3.53 | 4.13 | 4.21 |
| Basic EPS | 0.84 | 0.82 | 0.80 | 0.82 | 0.94 | 0.92 | 0.87 | 1.02 | 0.98 | 1.09 | 1.18 | 1.08 | 1.16 | 1.16 | 1.25 | 1.18 | 1.13 | 0.97 | 1.13 | 1.15 |
| Diluted EPS | 0.84 | 0.82 | 0.80 | 0.82 | 0.94 | 0.92 | 0.87 | 1.02 | 0.98 | 1.09 | 1.18 | 1.08 | 1.15 | 1.16 | 1.26 | 1.18 | 1.12 | 0.96 | 1.12 | 1.15 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 1.38 | 3.11 | 3.48 | 3.88 | 2.87 | 4.46 | 2.94 | 3.86 | 2.76 | 5.28 | 5.33 | 5.12 | 4.91 | 6.92 | 5.68 | 5.59 | 4.83 | 5.05 | 4.99 | 5.99 |
| Capital Expenditures | 0.13 | 0.13 | 0.11 | 0.03 | 0.05 | 0.18 | 0.01 | 0.09 | 0.11 | 0.02 | 0.09 | 0.19 | 0.32 | 0.04 | 0.04 | 0.32 | 0.21 | 0.24 | 0.25 | 0.08 |
| Free Cash Flow* | 1.25 | 2.98 | 3.37 | 3.85 | 2.82 | 4.28 | 2.93 | 3.77 | 2.65 | 5.25 | 5.24 | 4.93 | 4.59 | 6.87 | 5.64 | 5.27 | 4.62 | 4.81 | 4.73 | 5.91 |
| Investing Cash Flow | (0.13) | (0.13) | (0.11) | (0.03) | (0.05) | (0.18) | (0.01) | (0.09) | (0.11) | 0.01 | (0.09) | (0.19) | (0.32) | (0.04) | (0.04) | (0.32) | (0.22) | (0.24) | (0.25) | (0.08) |
| Financing Cash Flow | (1.06) | (1.12) | (1.97) | (1.64) | (4.49) | (4.24) | (7.75) | (4.92) | (7.19) | (3.98) | (1.07) | (1.03) | (1.01) | (1.05) | (0.92) | (1.03) | (3.55) | 0.02 | (8.07) | (0.85) |
* Derived from reported values
