electroCore, Inc. (ECOR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ECOR SEC filings page.
electroCore, Inc. (ECOR) reported $37.0M in revenue over the twelve months to Jun 30, 2026, up 33.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue has expanded rapidly, but gross-profit gains are still being absorbed by operating costs and financing needs remain visible.
From FY2024 to FY2025, revenue rose27.2% while gross margin widened, yet operating margin remained negative; gross-profit gains were not enough to absorb overhead. Operating cash flow of-$8.2M was less negative than a net loss of$14.0M , and free cash flow nearly matched operating cash flow, indicating the earnings-to-cash gap was driven more by noncash or working-capital items than by heavy capital spending.
The balance sheet moved from positive equity in FY2024 to negative equity in FY2025, while the current ratio fell to 1.4x; accumulated losses have consumed the accounting capital cushion and reduced short-term flexibility. The reported liquidity comparison equaled 17 months of the latest annual operating outflow, but that does not offset the negative equity position.
Gross margin reached
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of electroCore, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
electroCore, Inc. held $11.6M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $8.2M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and electroCore, Inc. scores 41/100 among other emerging companies.
electroCore, Inc. had 8M shares outstanding at the end of fiscal year 2025, against 7M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and electroCore, Inc. scores 40/100 among other emerging companies.
Not available for electroCore, Inc., and counted as zero in the overall score.
electroCore, Inc. reported revenue of $32.0M in fiscal year 2025, against $25.2M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and electroCore, Inc. scores 76/100 among other emerging companies.
electroCore, Inc.'s operations used $8.2M of cash in fiscal year 2025, against $6.9M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and electroCore, Inc. scores 69/100 among other emerging companies.
electroCore, Inc.'s cash, cash equivalents and investments came to $11.6M at the end of fiscal year 2025, against $20.4M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and electroCore, Inc. scores 46/100 among other emerging companies.
electroCore, Inc. scores -11.97, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($91.4M) relative to total liabilities ($20.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
electroCore, Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
electroCore, Inc. reported a net loss of $14.0M while operations used $8.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
electroCore, Inc. reported an operating loss of $13.2M against $15K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
electroCore, Inc. generated $9.4M in revenue in Q2 2026. This represents an increase of 28.0% from the same quarter a year earlier. Against the prior quarter it is down 1.4%.
electroCore, Inc.'s EBITDA was -$2.8M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 18.3% from the same quarter a year earlier. Against the prior quarter it is up 47.8%.
electroCore, Inc. reported -$3.1M in net income in Q2 2026. This represents an increase of 16.7% from the same quarter a year earlier. Against the prior quarter it is up 42.0%.
electroCore, Inc. earned -$0.33 per diluted share (EPS) in Q2 2026. This represents an increase of 25.0% from the same quarter a year earlier. Against the prior quarter it is up 44.1%.
Cash & Balance Sheet
electroCore, Inc. recorded an outflow of $3.5M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 443.5% from the same quarter a year earlier. Against the prior quarter it is down 17.0%.
electroCore, Inc. held $8.5M in cash against $5.8M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
electroCore, Inc.'s gross margin was 86.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.7 percentage points.
electroCore, Inc.'s operating margin was -29.3% in Q2 2026, reflecting core business profitability. This is up 18.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 26.1 percentage points.
electroCore, Inc.'s net profit margin was -32.4% in Q2 2026, showing the share of revenue converted to profit. This is up 17.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 22.6 percentage points.
Not reported for Q2 2026.
Capital Allocation
electroCore, Inc. invested $4K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 84.0% from the same quarter a year earlier. Against the prior quarter it is up 100.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
ECOR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.4M+28.0% | $9.6M+42.6% | $9.2M+31.2% | $8.7M+32.6% | $7.4M+20.2% | $6.7M+23.4% | $7.0M+35.7% | $6.6M+45.4% |
| Cost of Revenue | $1.3M+35.6% | $1.2M+20.4% | $1.1M+7.9% | $1.2M+14.5% | $939K+12.1% | $1.0M+14.1% | $994K-9.6% | $1.1M+61.1% |
| Gross Profit | $8.2M+26.9% | $8.4M+46.6% | $8.2M+35.0% | $7.5M+36.1% | $6.4M+21.5% | $5.7M+25.3% | $6.1M+47.9% | $5.5M+42.7% |
| R&D Expenses | N/A | N/A | N/A | $662K+27.1% | $511K-19.5% | $642K+60.9% | $805K-27.3% | $521K-58.3% |
| SG&A Expenses | $10.1M+7.4% | $12.9M+45.6% | $10.2M+22.5% | $9.7M+27.2% | $9.4M+30.0% | $8.9M+11.0% | $8.3M+19.8% | $7.6M+13.3% |
| Operating Income | -$2.8M+20.9% | -$5.3M-39.1% | -$2.9M+4.2% | -$2.9M-8.8% | -$3.5M-35.3% | -$3.8M+0.7% | -$3.1M+22.4% | -$2.7M+35.7% |
| EBITDA | -$2.8M+18.3% | -$5.3M-44.4% | -$2.8M | -$2.8M | -$3.4M-41.6% | -$3.7M-0.7% | N/A | N/A |
| Interest Expense | $3K-26.7% | $4K-20.0% | $2K-57.1% | $3K-34.0% | $5K+4.7% | $5K+19.0% | $5K | $5K |
| Income Tax | N/A | -$321K-568.8% | N/A | N/A | N/A | -$48K+60.7% | N/A | N/A |
| Net Income | -$3.1M+16.7% | -$5.3M-36.7% | -$3.0M+6.0% | -$3.4M-36.4% | -$3.7M-38.3% | -$3.9M-10.0% | -$3.2M+19.9% | -$2.5M+38.1% |
| EPS (Basic) | -$0.33+25.0% | -$0.59-25.5% | -$0.34+15.0% | -$0.40-29.0% | -$0.44-15.8% | -$0.47+11.3% | -$0.40+27.3% | -$0.31+54.4% |
| EPS (Diluted) | -$0.33+25.0% | -$0.59-25.5% | -$0.34+15.0% | -$0.40-29.0% | -$0.44-15.8% | -$0.47+11.3% | -$0.40+27.3% | -$0.31+54.4% |
| Diluted Shares (Avg) | 9,404+13.1% | 8,953+8.0% | N/A | 8,445+4.3% | 8,316+18.0% | 8,289+25.3% | N/A | 8,093-99.9% |
ECOR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $17.1M+17.2% | $15.5M-3.5% | $18.7M-8.8% | $21.4M+1.7% | $14.6M-34.9% | $16.0M+15.5% | $20.5M+27.1% | $21.0M+4.7% |
| Current Assets | $14.1M+33.8% | $12.5M+4.6% | $15.7M-3.9% | $17.3M+3.4% | $10.6M-41.2% | $12.0M+2.2% | $16.3M+14.0% | $16.8M-5.9% |
| Cash & Equivalents | $8.5M+152.0% | $4.9M+28.5% | $7.0M+90.1% | $7.9M+59.4% | $3.4M-67.3% | $3.8M-51.9% | $3.7M-64.2% | $4.9M-63.4% |
| Short-Term Investments | $1.5M-59.1% | $4.0M-0.1% | $4.6M-46.3% | $5.1M-36.5% | $3.8M-4.0% | $4.0M | $8.5M | $8.0M |
| Inventory | $2.4M+69.4% | $2.0M+14.1% | $1.6M-2.7% | $1.2M-38.1% | $1.4M-44.7% | $1.7M-30.9% | $1.7M-22.4% | $2.0M-21.6% |
| Accounts Receivable | $909K+11.8% | $872K-40.2% | $1.0M-24.9% | $1.5M+167.8% | $813K+51.1% | $1.5M+207.2% | $1.4M+90.7% | $552K-6.3% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $19.9M+47.7% | $21.2M+81.3% | $20.4M+57.6% | $22.5M+94.0% | $13.4M+23.6% | $11.7M+24.3% | $12.9M+49.3% | $11.6M+27.8% |
| Current Liabilities | $11.7M+21.4% | $12.3M+56.7% | $11.3M+24.0% | $12.1M+53.5% | $9.6M+32.6% | $7.9M+0.4% | $9.2M+12.7% | $7.9M-7.0% |
| Non-Current Liabilities | $8.2M+113.7% | $8.9M+131.9% | $9.0M+139.2% | $10.3M+181.2% | $3.8M+5.4% | $3.8M+143.8% | $3.8M+603.0% | $3.7M+556.8% |
| Long-Term Debt | $5.8M | $6.4M | $6.6M | $6.5M | N/A | N/A | N/A | N/A |
| Total Equity | -$2.8M-350.7% | -$5.7M-230.3% | -$1.7M-122.7% | -$1.1M-111.3% | $1.1M-90.3% | $4.4M-2.9% | $7.5M+1.4% | $9.5M-14.4% |
| Retained Earnings | -$199.4M-8.0% | -$196.3M-8.5% | -$191.1M-7.9% | -$188.0M-8.1% | -$184.6M-7.7% | -$180.9M-7.3% | -$177.1M-7.2% | -$173.9M-7.9% |
Not reported in any period shown, so not listed: Goodwill.
ECOR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.5M-464.7% | -$3.0M+30.9% | -$1.5M-22.7% | -$1.7M-22.5% | -$623K+64.8% | -$4.4M-70.3% | -$1.3M+59.8% | -$1.4M+42.6% |
| Depreciation & Amortization | $6K-95.0% | $21K-86.5% | $107K | $118K | $121K-39.8% | $155K-24.8% | N/A | N/A |
| Stock-Based Compensation | $755K+49.5% | $1.0M+91.9% | N/A | $415K+3.8% | $505K+7.0% | $540K+11.6% | N/A | $400K-26.3% |
| Capital Expenditures | $4K-84.0% | $2K-94.6% | $0 | $4K | $25K | $37K | N/A | N/A |
| Free Cash Flow | -$3.5M-443.5% | -$3.0M+31.5% | -$1.5M | -$1.7M | -$648K | -$4.4M | N/A | N/A |
| Investing Cash Flow | $2.4M+1213.5% | $597K-86.7% | $518K+203.4% | -$1.3M+67.6% | $185K | $4.5M | -$501K-1122.0% | -$4.1M-5427.0% |
| Financing Cash Flow | $4.7M+158033.3% | $230K+27.8% | -$40K-110.8% | $7.5M+14492.3% | $3K | $180K | $371K | -$52K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
ECOR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 86.5%-0.8pp | 87.3%+2.4pp | 88.4%+2.5pp | 86.0%+2.2pp | 87.3%+0.9pp | 84.9%+1.2pp | 85.9%+7.1pp | 83.8%-1.6pp |
| Operating Margin | -29.3%+18.2pp | -55.5%+1.4pp | -31.8%+11.8pp | -33.2%+7.3pp | -47.5%-5.3pp | -56.9%+13.8pp | -43.6%+32.7pp | -40.5%+51.1pp |
| Net Margin | -32.4%+17.4pp | -55.0%+2.4pp | -32.8%+13.0pp | -39.2%-1.1pp | -49.7%-6.5pp | -57.4%+7.0pp | -45.8%+31.9pp | -38.1%+51.3pp |
| Return on Equity | N/A | N/A | N/A | N/A | -329.8%-306.7pp | -88.3%-10.3pp | -42.8%+11.4pp | -26.4%+10.1pp |
| Return on Assets | -17.9%+7.3pp | -34.1%-10.0pp | -16.3%-0.5pp | -15.9%-4.0pp | -25.2%-13.3pp | -24.0%+1.2pp | -15.8%+9.3pp | -11.9%+8.2pp |
| Current Ratio | 1.21+0.1x | 1.02-0.5x | 1.38-0.4x | 1.43-0.7x | 1.10-1.4x | 1.520.0x | 1.780.0x | 2.120.0x |
| Debt-to-Equity | N/A | N/A | N/A | N/A | 12.08+11.1x | 2.67+0.6x | 1.71+0.5x | 1.23+0.4x |
| Asset Turnover | 0.550.0x | 0.62+0.2x | 0.50+0.2x | 0.41+0.1x | 0.51+0.2x | 0.420.0x | 0.340.0x | 0.31+0.1x |
| FCF Margin | -37.3%-28.5pp | -31.4%+34.0pp | -16.7% | -19.3% | -8.8% | -65.4% | N/A | N/A |
Note: Shareholder equity is negative (-$1.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| electroCore, Inc. ECOR | FY2025 | $32.0M | -$14.0M | -43.6% | $91.4M | 45/100 |
| NeuroOne Medical Technologies Corporation NMTC | FY2025 | $9.1M | -$3.6M | -39.6% | $10.2M | 64/100 |
| Modular Medical, Inc. MODD | FY2026 | N/A | -$28.2M | N/A | $16.5M | — |
| Inspira Technologies Oxy B.H.N. Ltd. IINN | FY2025 | $289K | -$13.2M | N/A | $16.2M | — |
| Myomo Inc. MYO | FY2025 | $40.9M | -$15.6M | -38.1% | $64.6M | 44/100 |
| VICARIOUS SRGCL INC A RBOT | FY2025 | N/A | -$50.2M | N/A | $13.7M | — |
Where electroCore, Inc. Ranks
Frequently Asked Questions
What is electroCore, Inc.'s annual revenue?
electroCore, Inc. (ECOR) reported $32.0M in total revenue for fiscal year 2025. This represents a 27.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is electroCore, Inc.'s revenue growing?
electroCore, Inc. (ECOR) revenue grew by 27.2% year-over-year, from $25.2M to $32.0M in fiscal year 2025.
Is electroCore, Inc. profitable?
No, electroCore, Inc. (ECOR) reported a net income of -$14.0M in fiscal year 2025, with a net profit margin of -43.6%.
What is electroCore, Inc.'s EBITDA?
electroCore, Inc. (ECOR) had EBITDA of -$12.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does electroCore, Inc. have?
As of fiscal year 2025, electroCore, Inc. (ECOR) had $7.0M in cash and equivalents against $6.6M in long-term debt.
What is electroCore, Inc.'s gross margin?
electroCore, Inc. (ECOR) had a gross margin of 86.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is electroCore, Inc.'s operating margin?
electroCore, Inc. (ECOR) had an operating margin of -41.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is electroCore, Inc.'s net profit margin?
electroCore, Inc. (ECOR) had a net profit margin of -43.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is electroCore, Inc.'s free cash flow?
electroCore, Inc. (ECOR) recorded an outflow of $8.3M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is electroCore, Inc.'s operating cash flow?
electroCore, Inc. (ECOR) recorded an outflow of $8.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are electroCore, Inc.'s total assets?
electroCore, Inc. (ECOR) had $18.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are electroCore, Inc.'s capital expenditures?
electroCore, Inc. (ECOR) invested $66K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is electroCore, Inc.'s current ratio?
electroCore, Inc. (ECOR) had a current ratio of 1.38 as of fiscal year 2025, which is considered adequate.
What is electroCore, Inc.'s return on assets (ROA)?
electroCore, Inc. (ECOR) had a return on assets of -74.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is electroCore, Inc.'s P/E ratio?
electroCore, Inc. (ECOR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $91.4M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is electroCore, Inc.'s price-to-sales ratio?
electroCore, Inc. (ECOR) trades at 2.5x sales, its market capitalization divided by revenue of $37.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $91.4M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does electroCore, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, electroCore, Inc. (ECOR) held $11.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $8.2M over that year. Dividing the one by the other, the reported balance equals about 17 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is electroCore, Inc.'s debt-to-equity ratio negative or not reported?
electroCore, Inc. (ECOR) has negative shareholder equity of -$1.7M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is electroCore, Inc.'s Altman Z-Score?
electroCore, Inc. (ECOR) has an Altman Z-Score of -11.97, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is electroCore, Inc.'s Piotroski F-Score?
electroCore, Inc. (ECOR) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are electroCore, Inc.'s earnings high quality?
electroCore, Inc. (ECOR) reported a net loss of $14.0M while operations used $8.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can electroCore, Inc. cover its interest payments?
electroCore, Inc. (ECOR) reported an operating loss of $13.2M against $15K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is electroCore, Inc.?
electroCore, Inc. (ECOR) scores 45 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.