Sanuwave Health expects Q2 2026 revenues between $9.6-$9.8 million, surpassing previous guidance but decreasing year-over-year.
Quiver AI Summary
Sanuwave Health, Inc. announced that it expects second quarter revenues for 2026 to be between $9.6 and $9.8 million, exceeding prior guidance of $8.5 to $9.5 million, although this marks a decrease of about 3-5% compared to $10.1 million in Q2 2025. CEO Morgan Frank noted that while capital sales experienced challenges due to customer stress and the secondary market for used Ultramist systems, the company has successfully implemented programs to support new users with trade-in offers for certified pre-owned systems. A positive highlight of the quarter is the record sales of consumable applicators, indicating strong interest in Ultramist as a wound care solution. Final revenue figures may be adjusted, and the company plans to provide more detailed insights when it reports Q2 earnings in August.
Potential Positives
- Sanuwave's preliminary revenue for Q2 2026 exceeds its previous guidance, indicating better-than-expected performance and growth potential.
- Record sales of consumable applicators suggest increasing market confidence in Sanuwave's Ultramist technology, which could positively impact future revenue streams.
- The company's proactive approach in supporting new users and trade-in programs for their products reflects a commitment to customer satisfaction and long-term relationships.
Potential Negatives
- Expected revenues for Q2 2026 show a decline of approximately 3-5% compared to the same period in 2025, indicating potential struggles in sustaining growth.
- The company faced headwinds in capital sales due to stress in its customer base, which could signal broader market or operational issues.
- The emergence and growth of a secondary market for used Ultramist systems may cannibalize sales of new systems, raising concerns about long-term revenue sustainability.
FAQ
What are Sanuwave Health's projected revenues for Q2 2026?
Sanuwave expects revenues for the second quarter of 2026 to be between $9.6 and $9.8 million.
How do Q2 2026 revenues compare to Q2 2025?
Preliminary revenues for Q2 2026 represent a decrease of approximately 3–5% from $10.1 million in Q2 2025.
What factors influenced Sanuwave's capital sales?
Capital sales faced headwinds from customer stress and the sale of used Ultramist systems in the market.
What trends are emerging in Sanuwave's consumable applicator sales?
Sales of consumable applicators reached all-time records in both unit sales and revenues, indicating strong market confidence.
When will Sanuwave report its Q2 earnings?
Sanuwave plans to report its Q2 earnings in August 2026.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SNWV Insider Trading Activity
$SNWV insiders have traded $SNWV stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $SNWV stock by insiders over the last 6 months:
- MANAGEMENT INC. OPALEYE has made 0 purchases and 11 sales selling 122,698 shares for an estimated $2,186,192.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SNWV Revenue
$SNWV had revenues of $9.6M in Q1 2026. This is an increase of 2.97% from the same period in the prior year.
You can track SNWV financials on Quiver Quantitative's SNWV stock page.
You can access data on SNWV stock through the Quiver Quantitative API.
$SNWV Hedge Fund Activity
We have seen 27 institutional investors add shares of $SNWV stock to their portfolio, and 23 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG added 191,642 shares (+1029.2%) to their portfolio in Q1 2026, for an estimated $3,313,490
- PRAETORIAN PR LLC added 85,000 shares (+32.1%) to their portfolio in Q1 2026, for an estimated $1,469,650
- HUNTLEIGH ADVISORS, INC. removed 33,445 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $578,264
- RICE HALL JAMES & ASSOCIATES, LLC removed 25,156 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $434,947
- MILLENNIUM MANAGEMENT LLC added 24,669 shares (+inf%) to their portfolio in Q1 2026, for an estimated $426,527
- JANE STREET GROUP, LLC removed 19,666 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $340,025
- CITADEL ADVISORS LLC added 18,098 shares (+inf%) to their portfolio in Q1 2026, for an estimated $312,914
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
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: [email protected]