Growth & profitability
- Revenue has grown 121.3% per year over the past 5 years.
DCTH Financials Delcath Systems, Inc.
15 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 →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $85M | $3M | 86.2% | 0.8% | 2.4% | 2.2% | $21M | — | $43M |
| 2024 | $37M | -$26M | 83.4% | -33.4% | -38.4% | -34.5% | -$19M | $0 | $32M |
| 2023 | $2M | -$48M | 69.2% | -1849.0% | -302.2% | -123.5% | -$31M | $10M | $13M |
| 2022 | $3M | -$37M | 74.8% | -1245.1% | 623.1% | -204.4% | -$25M | $16M | $8M |
| 2021 | $4M | -$26M | 81.1% | -690.0% | -214.6% | -77.4% | -$23M | — | $23M |
| 2020 | — | -$24M | — | — | -109.4% | -69.7% | -$24M | — | $29M |
| 2019 | — | -$9M | — | — | 139.7% | -62.5% | -$24M | — | $10M |
| 2018 | — | -$19M | — | — | 128.7% | -280.9% | -$15M | — | $3M |
| 2017 | — | -$45M | — | — | -6654.4% | -507.7% | -$16M | — | $4M |
| 2016 | — | -$18M | — | — | 1206.1% | -51.0% | — | — | $4M |
| 2015 | — | -$15M | — | — | -171.0% | -93.5% | — | — | $13M |
| 2014 | — | -$17M | — | — | -95.8% | -73.1% | — | — | $20M |
| 2013 | — | -$30M | — | — | -100.7% | -81.7% | -$34M | — | $31M |
| 2012 | — | -$52M | — | — | -259.2% | -170.2% | -$52M | — | $24M |
| 2012 | — | -$160M | — | — | -955.7% | -625.5% | -$134M | — | $17M |
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $29M | $3M | 89.8% | 8.2% | 2.2% | 1.9% | $5M | — | $48M |
| Mar '26 | $25M | -$1M | 85.1% | -6.5% | -0.9% | -0.9% | $287000 | — | $41M |
| Dec '25 | $21M | -$2M | 85.5% | -10.5% | -1.7% | -1.5% | $8M | — | $43M |
| Sep '25 | $21M | $830000 | 87.2% | -1.9% | 0.7% | 0.7% | $4M | — | $42M |
| Jun '25 | $24M | $3M | 86.3% | 10.7% | 2.6% | 2.3% | $7M | — | $34M |
| Mar '25 | $20M | $1M | 85.6% | 3.2% | 1.3% | 1.2% | $2M | — | $13M |
| Dec '24 | $15M | -$3M | 85.9% | 20.1% | -4.9% | -4.4% | -$1M | $0 | $32M |
| Sep '24 | $11M | $2M | 85.4% | -11.2% | 21.7% | 5.9% | -$4M | $2M | $8M |
| Jun '24 | $8M | -$14M | 80.4% | -50.4% | -327.8% | -40.5% | -$5M | $4M | $15M |
| Mar '24 | $3M | -$11M | 71.2% | -327.4% | -76.0% | -30.8% | -$10M | $7M | $12M |
| Dec '23 | $539000 | -$11M | 68.3% | -2097.2% | -70.6% | -28.8% | -$8M | $10M | $13M |
| Sep '23 | $434000 | -$20M | 69.4% | -2432.3% | -82.3% | -42.8% | -$9M | — | $40M |
| Jun '23 | $495000 | -$7M | 69.7% | -1615.6% | 2976.0% | -34.2% | -$10M | — | $15M |
| Mar '23 | $597000 | -$9M | 69.7% | -1394.5% | 68.8% | -29.4% | -$4M | — | $24M |
| Dec '22 | $639000 | -$8M | 62.9% | -1229.3% | 144.6% | -47.4% | -$7M | $16M | $8M |
| Sep '22 | $906000 | -$9M | 74.1% | -902.1% | 169.2% | -43.9% | -$5M | — | $10M |
| Jun '22 | $797000 | -$10M | 77.4% | -1190.2% | 357.0% | -48.2% | -$6M | — | $10M |
| Mar '22 | $378000 | -$9M | 91.3% | -2206.3% | -172.2% | -32.9% | -$6M | — | $16M |
| Dec '21 | — | -$5M | — | — | -44.7% | -16.1% | -$6M | — | $23M |
| Sep '21 | — | -$7M | — | — | -60.8% | -20.7% | -$5M | — | $25M |
Valuation over time
How the market has priced DCTH against its own fundamentals since 2023-03 — 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-earnings ratio has risen from 129.8× (Dec '25) to 211.9× (Sep '26).
- The price-to-sales ratio has fallen from 74.3× (Mar '23) to 6.7× (Sep '26).
P/E
P/S
Frequently asked questions
Is DCTH growing its revenue and profit?
Over the past 5 years, Delcath Systems, Inc.'s revenue has grown 121.3% per year. These are computed facts, not advice.
How much debt does DCTH have?
As of FY2025, Delcath Systems, Inc. reported — of total debt against $43M of cash.
What is DCTH's profit margin?
In FY2025, gross margin was 86.2%, operating margin 0.8%, and net margin 3.2%.
What is DCTH's P/E ratio?
As of Sep '26, Delcath Systems, Inc. traded at a price-to-earnings ratio of about 211.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
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.