STOCK TITAN

Nuwellis Reports Strong Aquadex Console Adoption, with 31 Aquadex SmartFlow Consoles Sold Year-to-Date, Meaningfully Expanding Recurring Revenue Opportunity

Nuwellis’ Aquadex console placements and 26% U.S. revenue growth in early 2026 expand its installed base and recurring consumables opportunity.

(Moderate)
(Neutral)
Tags

Nuwellis (NUWE) reported continued commercial momentum for its Aquadex SmartFlow system, with 31 consoles sold year-to-date in 2026, already exceeding full-year console sales achieved in seven of the past 10 years.

This puts 2026 on pace to be one of the company’s top three years for console placements. The expanding installed base is paired with 26% year-over-year U.S. revenue growth in the first half of 2026, driven across pediatric, critical-care, and heart-failure markets. Each new console increases opportunities for recurring revenue from single-use blood circuits, which Nuwellis believes can support a larger, more durable recurring-revenue business in a normalized hospital environment.

Loading...
Loading translation...

Positive

  • 31 Aquadex consoles sold year-to-date 2026, exceeding full-year totals in 7 of past 10 years
  • On pace for top three historical years in Aquadex console placements
  • First-half 2026 U.S. revenue grew 26% year over year
  • Growing Aquadex installed base supports higher recurring consumable revenue

Negative

  • None.
Argus 15 min delay
+12.88% vs previous close $0.92 last price 345.5x rel. volume Open Argus
Details

Market reaction after console adoption update: NUWE +12.88%

+60.9% Peak Tracked
-2.9% Trough Tracked
$0.78 $1.46 Day Range
$2.92M Market Cap

Following this news, NUWE has gained 12.88%, reflecting a significant positive market reaction. Argus tracked a peak move of +60.9% during the session. Argus tracked a trough of -2.9% from its starting point during tracking. Our momentum scanner has triggered 107 alerts so far, indicating very high trading interest and price volatility. The stock is currently trading at $0.92. Trading volume is exceptionally heavy at 345.5x the average, suggesting very strong buying interest.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

On Aug 13, Nuwellis reported 20% first-half revenue growth; the current announcement cited 26% U.S. ...
Analysis

On Aug 13, Nuwellis reported 20% first-half revenue growth; the current announcement cited 26% U.S. growth, a comparable commercial metric that accompanied the new console-placement update.

Key Figures

Console sales: 31 consoles U.S. revenue growth: 26% Historical console-sales comparison: 7 of past 10 years
Console sales
31 consoles
Year-to-date 2026
U.S. revenue growth
26%
First half of 2026 versus prior-year period
Historical console-sales comparison
7 of past 10 years
Year-to-date sales exceeded full-year sales

Historical Context

1 past event · Latest: Aug 13
1 event
  1. Aug 13

    Earnings report

    24h Move
    -5.7%

    Reported H1 revenue growth and nine console sales alongside improved second-quarter gross margin.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

cardiorenal, ultrafiltration therapy
2 terms
cardiorenal medical
"medical technology company committed to delivering solutions for patients with cardiorenal conditions"
Cardiorenal describes the close connection between the heart and kidneys, including conditions where disease in one organ directly affects the other — like a pump and filter that rely on each other to keep the system balanced. Investors care because treatments, diagnostics, or drugs that target this interaction can address multiple health problems at once, influencing market size, regulatory scrutiny, clinical trial complexity, and potential returns in healthcare and biotech sectors.
ultrafiltration therapy medical
"used to provide controlled ultrafiltration therapy"
Ultrafiltration therapy is a medical procedure that uses a machine and a fine filter to remove excess fluid and some dissolved waste directly from a patient’s blood, similar to wringing water out of a sponge without surgery. For investors, its importance lies in potential effects on healthcare utilization and costs—widespread adoption, clinical trial results, device approvals and reimbursement policies can drive revenue for device makers, hospitals and service providers.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Year-to-date console sales exceed full-year console sales in seven of the past 10 years, putting Nuwellis on pace for one of its strongest years in console placements

MINNEAPOLIS, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company committed to delivering solutions for patients with cardiorenal conditions, today announced continued commercial momentum for its Aquadex SmartFlow® system, with 31 consoles sold year-to-date in 2026. The Company's year-to-date console performance already exceeds full-year console sales in seven of the past 10 years and puts Nuwellis on pace for one of its top three years for console sales. The expanding installed base comes alongside broader commercial momentum, including 26% year-over-year U.S. revenue growth during the first half of 2026.

“Selling 31 consoles at this point in the year is an important indicator of the commercial progress we are making to expand our installed base of Aquadex systems,” said Mike McCormick, Nuwellis President and Chief Executive Officer. “We are particularly encouraged by our year-to-date performance in that it is being driven by hospitals that recognize the level of patient care associated with Aquadex. This shows that they are making the informed, deliberate decision to incorporate Aquadex into their fluid-management programs.”

Each additional Aquadex console expands the Company's installed base and creates opportunities for recurring utilization of the Company's single-use blood circuits. The Aquadex SmartFlow system consists of a console, catheter, and disposable blood circuit set used to provide controlled ultrafiltration therapy. As the installed base expands and utilization increases, Nuwellis believes console placements can support continued growth in recurring consumable revenue.

Notably, the Company's highest historical console-placement years included the COVID-19 period, when hospitals expanded access to fluid-removal technologies in response to extraordinary critical-care demand. Nuwellis' 2026 performance is being achieved in a normalized hospital environment and reflects continued adoption of Aquadex in the U.S. across the Company's core pediatric, critical-care, and heart-failure markets.

The 2026 console momentum builds upon Nuwellis' broader commercial performance. During the first half of 2026, the Company reported U.S. revenue growth of 26% compared with the prior-year period, with growth across pediatrics, critical care, and heart failure. The Company believes the combination of an expanding installed base, increasing consumable utilization, and continued commercial execution positions the Company to build a larger and more durable recurring-revenue business.

McCormick continued, “Our objective is to build productive Aquadex programs where clinicians use the technology to treat patients effectively when diuretics fail. Expanding the installed base creates the foundation for increasing utilization, recurring circuit revenue and broader adoption of Aquadex therapy.”

About Nuwellis
Nuwellis, Inc. (Nasdaq: NUWE) is a medical technology company committed to delivering solutions for patients with cardiorenal conditions. The Company develops solutions designed to support patient care through monitoring, therapy, and data-informed clinical decision-making across acute and chronic care settings. Nuwellis' strategy includes expanding its portfolio through internally developed technologies and strategic commercial partnerships that broaden its presence across acute and chronic critical care. For more information, visit www.nuwellis.com.

Forward-Looking Statements
Certain statements in this release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding the new market opportunities and anticipated growth in 2026 and beyond. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this release, including, without limitation, those risks associated with our ability to execute on our commercialization strategy, the possibility that we may be unable to raise sufficient funds necessary for our anticipated operations, our post-market clinical data collection activities, benefits of our products to patients, our expectations with respect to product development and commercialization efforts, our ability to increase market and physician acceptance of our products, potentially competitive product offerings, intellectual property protection, our ability to integrate acquired businesses, our expectations regarding anticipated synergies with and benefits from acquired businesses, and other risks and uncertainties described in our filings with the SEC. Forward-looking statements speak only as of the date when made. Nuwellis does not assume any obligation to publicly update or revise any forward-looking statements, whether due to new information, future events or otherwise.

For further information, please contact:

Investor Relations:
CORE IR
ir@nuwellis.com

Media Contact:
CORE PR
media@nuwellis.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How does Nuwellis expect Aquadex console growth to affect its revenue mix?

Nuwellis believes that as the Aquadex installed base expands and utilization increases, console placements can support continued growth in recurring consumable revenue from its single-use blood circuits, helping build a larger and more durable recurring-revenue business.

In what clinical areas is Aquadex adoption growing in 2026?

Aquadex adoption in 2026 is described as reflecting continued use in the U.S. across Nuwellis’ core pediatric, critical-care, and heart-failure markets, where hospitals are integrating the technology into fluid-management programs when diuretics fail.

How does 2026 Aquadex console performance compare with the COVID-19 period?

Nuwellis notes that its highest historical console-placement years were during the COVID-19 period, when hospitals expanded access to fluid-removal technologies. The company states that its 2026 console performance is being achieved in a normalized hospital environment, indicating continued adoption without extraordinary pandemic-driven demand.

Keep reading