9 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 55.7% per year over the past 5 years.
Operating margin has expanded, at -41.1% in the latest year.
Financial health
Total debt ($8M) exceeds cash ($7M); net debt is $727000.
Operating income covered interest expense -882.8× in the latest year.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
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
$32M
-$14M
86.8%
-41.1%
-$8M
$8M
$7M
2024
$25M
-$12M
85.0%
-48.3%
—
—
$4M
2023
$16M
-$19M
82.5%
-120.2%
-$15M
—
$10M
2022
$9M
-$22M
81.2%
-266.2%
—
—
$18M
2021
$5M
-$17M
74.6%
-367.7%
—
—
$35M
2020
$3M
-$24M
50.3%
-707.9%
—
—
$4M
2019
$2M
-$45M
51.6%
-1928.2%
-$45M
—
$14M
2018
$992953
-$56M
41.7%
-5494.1%
-$47M
—
$8M
2017
$811457
-$36M
36.1%
-3160.3%
-$25M
—
$13M
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
$10M
-$5M
87.3%
-55.5%
-$3M
$8M
$5M
Dec '25
$9M
-$3M
88.4%
-31.8%
-$2M
$8M
$7M
Sep '25
$9M
-$3M
86.0%
-33.2%
-$2M
$8M
$8M
Jun '25
$7M
-$4M
87.3%
-47.5%
-$648000
—
$3M
Mar '25
$7M
-$4M
84.9%
-56.9%
-$4M
—
$4M
Dec '24
$7M
-$3M
85.9%
-43.6%
—
—
$4M
Sep '24
$7M
-$2M
83.8%
-40.4%
—
—
$5M
Jun '24
$6M
-$3M
86.3%
-42.2%
—
—
$10M
Mar '24
$5M
-$4M
83.7%
-70.7%
—
—
$8M
Dec '23
$5M
-$4M
78.8%
-76.2%
-$3M
—
$10M
Sep '23
$5M
-$4M
85.3%
-91.5%
-$2M
—
$13M
Jun '23
$4M
-$5M
83.5%
-140.5%
—
—
$8M
Mar '23
$3M
-$6M
83.5%
-222.9%
—
—
$12M
Dec '22
$3M
-$6M
75.0%
-231.1%
—
—
$18M
Sep '22
$2M
-$5M
86.9%
-281.2%
—
—
$22M
Jun '22
$2M
-$5M
83.4%
-269.8%
—
—
$26M
Mar '22
$2M
-$6M
81.0%
-293.9%
—
—
$30M
Dec '21
$1M
—
80.4%
-367.0%
—
—
$35M
Sep '21
$1M
-$4M
76.1%
-268.0%
—
—
$38M
Jun '21
$1M
-$3M
70.5%
-409.9%
—
—
$15M
Valuation over time
How the market has priced ECOR 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-sales ratio has fallen from 5.4× (Mar '23) to 1.9× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is ECOR growing its revenue and profit?
Over the past 5 years, electroCore, Inc.'s revenue has grown 55.7% per year. These are computed facts, not advice.
How much debt does ECOR have?
As of FY2025, electroCore, Inc. reported $8M of total debt against $7M of cash; operating income covered interest expense -882.8×.
What is ECOR's profit margin?
In FY2025, gross margin was 86.8%, operating margin -41.1%, and net margin -43.6%.
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.