5 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 0.6% per year over the past 4 years.
Financial health
Operating income covered interest expense -14.0× in the latest year.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Shareholder returns
Dividends have been paid for 2 consecutive years.
The dividend has declined 25.7% per year over the past 4 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$241000
-$24M
-262.7%
-9240.7%
-$18M
—
$4M
2024
$225000
-$21M
-229.8%
-8558.2%
-$19M
—
$5M
2023
$316000
-$30M
-149.7%
-5809.8%
-$17M
—
$4M
2022
$237000
-$16M
-110.1%
-3673.4%
-$9M
—
$183000
2021
—
-$251633
—
—
—
—
$1M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$39000
-$4M
-702.6%
-15279.5%
—
—
$25M
Dec '25
$75000
-$7M
-181.3%
-8513.3%
-$6M
—
$4M
Sep '25
$42000
-$6M
-383.3%
-13590.5%
-$4M
—
$4M
Jun '25
$78000
-$6M
-200.0%
-6500.0%
-$4M
—
$5M
Mar '25
$46000
-$5M
-391.3%
-11102.2%
-$4M
—
$5M
Dec '24
$42000
-$5M
-273.8%
-10831.0%
-$5M
—
$5M
Sep '24
$56000
-$6M
-233.9%
-8878.6%
-$4M
—
$4M
Jun '24
$68000
-$4M
-260.3%
-7135.3%
—
—
$2M
Mar '24
$59000
-$6M
-159.3%
-8278.0%
—
—
$5M
Dec '23
$95000
-$5M
-146.3%
-7076.8%
-$11M
—
$4M
Sep '23
$80000
$2M
-136.3%
-4231.3%
$1M
—
$17M
Jun '23
$63000
-$13M
-157.1%
-7111.1%
-$4M
—
$68000
Mar '23
$78000
-$13M
-124.4%
-4834.6%
-$3M
—
$1M
Dec '22
$20000
-$11M
-655.0%
-14530.0%
-$2M
—
$183000
Sep '22
$57000
-$1M
-86.0%
-3150.9%
—
—
$609000
Jun '22
—
-$1M
—
—
—
—
$476948
Mar '22
—
$12M
—
—
—
—
$127105
Dec '21
—
-$5M
—
—
—
—
$1M
Sep '21
—
$6M
—
—
—
—
$1M
Jun '21
—
$371144
—
—
—
—
$2M
Valuation over time
How the market has priced COCH against its own fundamentals since 2023-10 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 402.2× (Oct '23) to 213.7× (Jun '26).
The dividend yield has risen from 2.2% (Dec '24) to 3.5% (Jun '26).
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is COCH growing its revenue and profit?
Over the past 4 years, Envoy Medical, Inc.'s revenue has grown 0.6% per year. These are computed facts, not advice.
How much debt does COCH have?
As of FY2025, Envoy Medical, Inc. reported — of total debt against $4M of cash; operating income covered interest expense -14.0×.
What is COCH's profit margin?
In FY2025, gross margin was -262.7%, operating margin -9240.7%, and net margin -9857.3%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.