Q1 2026 Conference Call Replay
Listen to the replay of the Q1 2026 conference call
Quarterly Financial Results and Business Overview
The Nephros Q1 2026 conference call replay features Robert Banks, President and CEO of Nephros, and Judy Krandel, Chief Financial Officer. Mr. Banks presents an overview of the business over the last three months and an outlook for the future. Ms. Krandel provides detailed financial results for the third-quarter.
Read the Q1 2026 press release as a complement to the conference call recording. An excerpt of the release is included below.
“Q1 2026 represents another important milestone for Nephros, as we exceed $5 million in revenue in a quarter for the first time in our company’s history,” said Robert Banks, President and Chief Executive Officer.
“While we are very pleased with the top-line growth, gross margins in the quarter were impacted by several external and mix-related factors. U.S. tariffs accounted for approximately $200,000 in additional costs during the first quarter, providing a meaningful headwind. We are actively pursuing refund opportunities with respect to tariffs that we paid prior to the February 2026 U.S. Supreme Court decision, and we are also exploring mitigation strategies to reduce future exposure. In addition, the strengthening of the Euro year-over-year increased our product costs, further pressuring margins.”
Net revenue for the three months ended March 31, 2026, and 2025 was $5.2 million and $4.9 million, respectively, an increase of 7%. This increase was driven primarily by increased product revenue from programmatic growth, which grew by 23% over the same period in 2025.
