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Sanuwave Health Reports Preliminary Q2 2026 Revenue of $9.6–$9.8 Million, Above High End of Revised Guidance

(Very Positive)
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Sanuwave Health (NASDAQ: SNWV) reported preliminary, unaudited revenues of $9.6–$9.8 million for Q2 2026, exceeding the high end of its revised guidance of $8.5–$9.5 million. This compares to revenues of $10.1 million in Q2 2025, a decline of approximately 3–5%.

According to Sanuwave, capital equipment sales faced headwinds from customer stress and used Ultramist system sales. The company highlighted record unit and revenue performance in consumable applicator sales and noted that these results may be adjusted upon completion of its Q2 2026 financial close and review.

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Positive

  • Q2 2026 revenue $9.6–$9.8M, above high end of $8.5–$9.5M guidance
  • Consumable applicator sales reached all‑time records in both units and revenue

Negative

  • Preliminary Q2 2026 revenue of $9.6–$9.8M is 3–5% lower than $10.1M in Q2 2025
  • Company reports headwinds in capital sales from customer stress and used Ultramist systems

News Explained

The July 13 update raises preliminary Q2 revenue above revised guidance, but the figure remains unaudited pending the August earnings report.

The July 13, 2026 release reports preliminary, unaudited second-quarter revenue of $9.6 million–$9.8 million, above the revised guidance’s $9.5 million high end. For the company, the immediate change is an updated Q2 revenue estimate, alongside an operating program supporting users of used systems and offering trade-in terms toward certified pre-owned systems with a manufacturer’s warranty.

“Preliminary” means the figures come from management’s initial analysis and remain subject to adjustments during the quarter-end financial close and review process.

The release compares the preliminary Q2 range with $10.1 million of Q2 2025 revenue and describes the result as an approximately 3%–5% decrease year over year.

The next named milestone is the company’s Q2 earnings report in August 2026, when it says it will discuss record consumable-applicator sales and revenue.

Market reaction after Q2 2026 preliminary revenue update: SNWV +6.22% in the Jul 14 session

+6.22%
3 alerts
+6.22% Session close to close
+16.1% Peak Tracked
-4.5% Trough Tracked
$104.00M Market Cap
0.5x Rel. Volume

In the Jul 14 session, SNWV gained 6.22%, reflecting a notable positive market reaction. Argus tracked a peak move of +16.1% during that session. Argus tracked a trough of -4.5% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +6.2% in the session following this news. A sharp upside move could reflect enthusia...
Analysis

The stock moved +6.2% in the session following this news. A sharp upside move could reflect enthusiasm that preliminary Q2 revenue of $9.6–$9.8M topped the revised guidance ceiling. The stock has often reacted strongly to earnings news, with an average move of about 10.02%. However, insider activity has recently skewed toward net selling, and relatively low short positioning limits the potential impact of a short squeeze if sentiment reverses.

Key Figures

Prelim Q2 2026 revenue: $9.6–$9.8M Revised Q2 2026 guidance: $8.5–$9.5M Q2 2025 revenue: $10.1M +1 more
4 metrics
Prelim Q2 2026 revenue $9.6–$9.8M Second quarter ended June 30, 2026
Revised Q2 2026 guidance $8.5–$9.5M Guidance range updated June 16, 2026
Q2 2025 revenue $10.1M Second quarter 2025 actual revenue
Q2 2026 YoY change 3–5% decrease Preliminary Q2 2026 vs Q2 2025 revenue

Previous Earnings Reports

5 past events · Latest: May 12 (Neutral)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 12 Q1 2026 earnings Neutral +18.1% Modest Q1 revenue growth with weaker profitability but reiterated strong 2026 revenue guidance.
Apr 16 Prelim Q1 2026 Positive +14.4% Preliminary Q1 revenue slightly above prior year and in line with guidance range.
Mar 26 Q4 2025 results Positive -1.3% Record Q4 and full‑year 2025 revenues with strong growth and positive operating income.
Jan 9 Prelim Q4 2025 Positive +1.2% Preliminary Q4 and full‑year 2025 revenues reached record levels with high growth.
Nov 7 Q3 2025 earnings Positive +17.7% Record Q3 revenue with strong year‑over‑year growth and higher sequential performance.

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

Pattern Detected

Earnings-related headlines have generally produced positive share reactions, with one notable divergence on record Q4 2025 results.

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

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Sanuwave announces preliminary, unaudited revenues of $9.6 million to $9.8 million for the second quarter ended June 30, 2026, above the high end of the Company’s revised guidance of $8.5 to $9.5 million

EDEN PRAIRIE, Minn., July 13, 2026 (GLOBE NEWSWIRE) -- Sanuwave Health, Inc. (the “Company” or “Sanuwave”) (NASDAQ: SNWV), a leading provider of FDA-cleared directed energy systems used in advanced wound care, today announced that revenues for the second quarter of 2026 are expected to be in the range of $9.6 to $9.8 million, above the high end of the revised guidance range of $8.5 to $9.5 million provided in the Company’s press release dated June 16, 2026. Preliminary second quarter revenues represent a decrease of approximately 3–5% from revenues of $10.1 million in the second quarter of 2025.

“Q2 came in a bit above the top of the range that we laid out back in June,” said CEO Morgan Frank. “The business played out largely as we had forecast with capital sales facing headwinds from stress in our customer base and from the sale of used Ultramist systems in our market. Regarding the latter, as we discussed in our last release, Sanuwave will always seek to do what’s best for the patients, so we’ve been working to help qualify, train, and support such new users and offering attractive trade-in terms such that units purchased used can be traded in for certified pre-owned systems that would carry a manufacturer’s warranty. This program has been showing success so far.”

“The good news in the quarter is that sales of consumable applicators set all time records for both unit sales and revenues, both by significant margins. We see this as an indication of both increasing interest and confidence in Ultramist as a wound care modality and, obviously, as consumables are the core of any razor-razorblade business, as a promising trend for the future. We look forward to speaking with you more about this when the Company reports Q2 earnings in August.”

The preliminary revenue results described herein are based on management’s initial analysis of the second quarter ended June 30, 2026, and may be subject to adjustments based on the Company’s completion of its quarter-end financial close and review procedures.

About Sanuwave

Sanuwave Health is focused on the research, development, and commercialization of its patented, non-invasive directed energy systems used in the repair and regeneration of skin, musculoskeletal tissue, and vascular structures.

Sanuwave's end-to-end wound care portfolio of regenerative medicine products and product candidates help restore the body’s normal healing processes. Sanuwave applies and researches its patented and FDA approved/cleared energy transfer technologies in wound healing, orthopedic/spine, aesthetic/cosmetic, and cardiac/endovascular conditions.

Forward-Looking Statements

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to future financial results, production expectations, and plans for future business development activities. Forward-looking statements include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are: reductions, clawbacks, or recoupments of CMS reimbursement for skin substitutes, allografts, or other advanced wound care products, and their effect on customer behavior and capital budgets; the financial distress, closure, or liquidation of wound care practices and the resulting impact on demand for the Company's systems; the emergence and growth of a secondary market for used Ultramist systems and the cannibalizing effect of such resales on sales of new systems; the Company's ability to qualify, train, and support new users acquiring systems through the secondary market, and the related regulatory, quality, and product-liability considerations; the Company's ability to sustain applicator and consumable volumes and convert system placements into recurring consumable revenue; any differences between updated guidance and final reported results following completion of the quarter; risks associated with regulatory oversight; the Company's ability to manage its capital resources; competition; and the other factors discussed in detail in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement.

Contact: investors@sanuwave.com


FAQ

What were Sanuwave Health’s (SNWV) preliminary Q2 2026 revenues?

Sanuwave Health expects Q2 2026 revenues of $9.6–$9.8 million. According to Sanuwave, this is above the high end of its revised guidance range of $8.5–$9.5 million issued on June 16, 2026, but below Q2 2025 revenue.

How does Sanuwave Health’s Q2 2026 revenue compare to Q2 2025?

Sanuwave Health’s preliminary Q2 2026 revenue of $9.6–$9.8 million is about 3–5% lower than Q2 2025. According to Sanuwave, Q2 2025 revenue was $10.1 million, so the latest quarter reflects a modest year-over-year decline.

Did Sanuwave Health (SNWV) beat its revised guidance for Q2 2026?

Yes. Sanuwave Health’s preliminary Q2 2026 revenue of $9.6–$9.8 million exceeds its revised guidance high of $9.5 million. According to Sanuwave, this guidance range of $8.5–$9.5 million was provided on June 16, 2026, and the results came in slightly higher.

What drove Sanuwave Health’s Q2 2026 performance in consumables and capital sales?

Sanuwave reports record consumable applicator sales in both units and revenue, supporting overall performance. According to Sanuwave, capital equipment sales faced headwinds from customer stress and sales of used Ultramist systems, partly offset by a trade-in program for certified pre-owned devices.

Are Sanuwave Health’s Q2 2026 revenue figures final and audited?

No. Sanuwave Health’s Q2 2026 revenue of $9.6–$9.8 million is preliminary and unaudited. According to Sanuwave, these figures are based on management’s initial analysis and may change after completing the quarter-end financial close and review procedures.

When will Sanuwave Health (SNWV) report full Q2 2026 earnings results?

Sanuwave plans to report full Q2 2026 earnings in August 2026. According to Sanuwave, more details on revenue composition, capital equipment trends, and consumable applicator growth will be provided when the company releases its complete quarterly financial results.