8 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 15.5% per year over the past 5 years.
Net income has grown slower than revenue (-13.4% vs 15.5% per year).
Operating margin has contracted, at 8.5% in the latest year.
Free cash flow has declined 11.6% per year over the past 5 years.
Financial health
The company holds more cash ($14M) than total debt ($12M).
Total debt has grown slower than revenue (10.2% vs 15.5% per year).
Total debt is 0.2× EBITDA.
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
$270M
$15M
57.5%
8.5%
$12M
$12M
$14M
2024
$224M
$11M
59.4%
8.0%
$1M
$4M
$18M
2023
$183M
$10M
61.6%
7.8%
$19M
$7M
$13M
2022
$139M
$6M
61.0%
5.9%
$5M
$0
$17M
2021
$117M
$9M
62.7%
9.9%
$3M
$6M
$28M
2020
$131M
$32M
61.0%
20.4%
$22M
$8M
$31M
2019
$80M
$9M
69.8%
11.0%
$6M
$9M
$13M
2018
$64M
$10M
74.1%
15.6%
$16M
$0
$10M
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
$75M
$3M
56.8%
5.7%
$1M
$9M
$10M
Dec '25
$76M
$6M
57.9%
11.0%
$10M
$12M
$14M
Sep '25
$72M
$4M
57.5%
7.8%
$11M
$21M
$11M
Jun '25
$63M
$3M
58.3%
8.1%
$4M
$4M
$20M
Mar '25
$59M
$3M
56.3%
6.5%
-$13M
$4M
$10M
Dec '24
$61M
$4M
59.5%
10.6%
$3M
$4M
$18M
Sep '24
$58M
$4M
59.3%
9.7%
$2M
$4M
$11M
Jun '24
$55M
$1M
59.8%
6.6%
$1M
$9M
$9M
Mar '24
$51M
$2M
58.9%
4.4%
-$5M
$7M
$7M
Dec '23
$51M
$3M
63.3%
10.4%
$5M
$7M
$13M
Sep '23
$49M
$3M
61.9%
8.5%
$6M
$10M
$10M
Jun '23
$43M
$2M
60.3%
6.7%
$2M
$15M
$10M
Mar '23
$40M
$2M
60.7%
4.9%
$6M
—
$24M
Dec '22
$38M
$2M
61.0%
9.4%
$2M
$0
$17M
Sep '22
$36M
$1M
60.5%
4.1%
$2M
$4M
$21M
Jun '22
$33M
$967000
61.2%
3.0%
-$2M
$5M
$22M
Mar '22
$32M
$2M
61.2%
7.0%
$3M
$5M
$29M
Dec '21
$32M
$4M
61.5%
14.6%
$2M
$6M
$28M
Sep '21
$29M
$2M
62.8%
10.0%
-$3M
$6M
$27M
Jun '21
$27M
$2M
64.3%
9.7%
$933000
$7M
$31M
Valuation over time
How the market has priced VMD 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 fallen from 59.6× (Mar '23) to 29.1× (Jun '26).
The price-to-sales ratio has fallen from 2.7× (Mar '23) to 1.7× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is VMD growing its revenue and profit?
Over the past 5 years, VIEMED HEALTHCARE, INC.'s revenue has grown 15.5% per year, and net income declined 13.4% per year. These are computed facts, not advice.
How much debt does VMD have?
As of FY2025, VIEMED HEALTHCARE, INC. reported $12M of total debt against $14M of cash.
What is VMD's profit margin?
In FY2025, gross margin was 57.5%, operating margin 8.5%, and net margin 5.7%.
What is VMD's P/E ratio?
As of Jun '26, VIEMED HEALTHCARE, INC. traded at a price-to-earnings ratio of about 29.1× (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.