Saturday 17 October 2026
Export ECOR’s income statement to Excel — free account
electroCore, Inc.
ECOR Healthcare Medical Devices
electroCore, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $32.0 million, up 27.2% from fiscal 2024. In the quarter to June 2026, revenue grew 28.0%, EPS grew 25.0% and free cash flow fell 443.5%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.
7.85
0.50
−5.99%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | 62.40 | 17.40 | 4.80 | 8.60 | 2.93 | 3.10 | 5.32 | 4.16 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | 303.75 | 153.68 | 49.50 | 54.45 | 14.70 | 7.50 | 17.89 | 19.49 | |||||
| People | |||||||||||||||
| People | Employees | — | 64 | 91 | 51 | 45 | 52 | 62 | 68 | 73 | 83 | ||||
| Revenue/emp, $m | 0.00 | 0.01 | 0.01 | 0.05 | 0.08 | 0.10 | 0.14 | 0.24 | 0.34 | 0.39 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 0 | 1 | 1 | 2 | 3 | 5 | 9 | 16 | 25 | 32 | ||||
| Gross margin, % | 51.32 | 36.09 | 41.71 | 51.60 | 50.30 | 74.59 | 81.19 | 82.51 | 84.97 | 86.75 | |||||
| EBT | (16) | (36) | (56) | (45) | (25) | (18) | (23) | (19) | (12) | (14) | |||||
| EBT margin, % | (6,210.74) | (4,439.78) | (5,615.61) | (1,888.06) | (706.04) | (331.48) | (262.95) | (118.65) | (47.57) | (43.59) | |||||
| Net income | (16) | (36) | (56) | (45) | (24) | (17) | (22) | (19) | (12) | (14) | |||||
| Depreciation | 1 | 6 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 0.03 | 0.00 | 0.51 | 1.22 | 1.34 | 1.38 | 1.82 | 2.91 | 3.37 | 3.78 | ||||
| Earnings | (1.57) | (1.27) | (28.57) | (23.09) | (9.00) | (4.35) | (4.69) | (3.42) | (1.59) | (1.65) | |||||
| Cash flow | (1.32) | 0.00 | (24.14) | (23.00) | (7.71) | (3.45) | (3.52) | (2.66) | (0.93) | (0.97) | |||||
| Capex | 0.00 | 0.00 | (0.14) | (0.04) | 0.00 | 0.00 | 0.00 | (0.04) | 0.00 | (0.01) | |||||
| Free cash flow | (1.32) | 0.00 | (24.28) | (23.03) | (7.71) | (3.45) | (3.52) | (2.70) | (0.93) | (0.97) | |||||
| Book value | (0.75) | 0.00 | 33.91 | 12.71 | 9.09 | 9.29 | 3.61 | 1.35 | 1.01 | (0.20) | |||||
| Shares, m | 10 | 0 | 2 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | 0.00 | 0.00 | 184.57 | 19.55 | 17.41 | 6.33 | 2.20 | 2.05 | 4.82 | 1.19 | |||||
| P/B | 0.00 | 0.00 | 2.77 | 1.88 | 2.57 | 0.94 | 1.10 | 4.42 | 16.08 | 0.00 | |||||
| EV/Sales | 0.00 | 0.00 | 119.69 | 10.33 | 11.54 | 0.11 | 0.19 | 1.43 | 4.36 | 1.04 | |||||
| EV/FCF | (0.11) | (0.11) | (2.51) | (0.55) | (2.01) | (0.04) | (0.10) | (1.55) | (15.34) | (4.02) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (13) | (25) | (47) | (45) | (20) | (14) | (17) | (15) | (7) | (8) | ||||
| Capex | — | 0 | 0 | 0 | — | — | — | 0 | — | 0 | |||||
| Free cash flow | (13) | (25) | (47) | (45) | (20) | (14) | (17) | (15) | (7) | (8) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | (4) | 33 | 66 | 17 | 19 | 32 | 14 | 6 | 7 | 4 | ||||
| Total debt | 4 | 2 | — | 1 | 1 | 1 | 1 | — | — | 7 | |||||
| Net debt | 4 | (35) | (69) | (23) | (22) | (34) | (17) | (11) | (12) | (5) | |||||
| Shareholders’ equity | (8) | 33 | 66 | 25 | 24 | 37 | 17 | 7 | 8 | (2) | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (78.97) | 0.00 | (61.56) | (82.87) | (70.20) | (46.32) | (65.58) | (92.19) | (65.00) | (71.37) | ||||
| ROIC | 0.00 | 0.00 | 0.00 | (1,275.76) | (731.55) | (471.20) | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| ROE | 20.83 | 0.00 | 298.10 | (99.14) | (96.87) | (57.11) | (82.49) | (153.57) | (158.63) | (478.70) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
electroCore, Inc. vs peers in Medical Devices (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| APYX Apyx Medical Corporation | $107.8M | — (loss-making) | — (loss-making) | +22.08% (above 0%: growing) | n/m | −137.38% (below 0%: shrinking) | 63.89% | (13.01%) | Compare |
| LUCD Lucid Diagnostics Inc. | $105.7M | — (loss-making) | — (loss-making) | +26.74% (above 0%: growing) | n/m | −7.04% (below 0%: shrinking) | 1.97% | (868.45%) | Compare |
| ZOMDF Zomedica Corp. | $95.4M | — (loss-making) | — (loss-making) | +36.59% (above 0%: growing) | n/m | +40.48% (above 0%: growing) | 63.51% | (42.92%) | Compare |
| HYPR Hyperfine, Inc. | $82.7M | — (loss-making) | — (loss-making) | +44.81% (above 0%: growing) | n/m | +13.43% (above 0%: growing) | 50.72% | (216.93%) | Compare |
| SERA Sera Prognostics, Inc. | $80.1M | — (loss-making) | — (loss-making) | +76.47% (above 0%: growing) | n/m | −10.58% (below 0%: shrinking) | (66.67%) | (33,346.67%) | Compare |
| LUNG Pulmonx Corporation | $79.5M | — (loss-making) | — (loss-making) | −4.62% (below 0%: shrinking) | n/m | −31.79% (below 0%: shrinking) | 77.97% | (39.80%) | Compare |
| OM Outset Medical, Inc. | $76.6M | — (loss-making) | — (loss-making) | +0.69% (above 0%: growing) | n/m | −90.54% (below 0%: shrinking) | 41.99% | (49.55%) | Compare |
| ECOR electroCore, Inc. | $75.3M | — (loss-making) | — (loss-making) | +28.03% (above 0%: growing) | n/m | −443.52% (below 0%: shrinking) | 86.53% | (29.33%) | |
| LNSR LENSAR, Inc. | $74.1M | 2.0× | 7.1× | +18.37% (above 0%: growing) | n/m | +96.81% (above 0%: growing) | 59.27% | 12.94% | Compare |
| Median of peers | $81.4M | — | — | +24.41% | — | −8.81% | 54.99% | (46.24%) |
electroCore, Inc. (ECOR) key facts
- Strength: electroCore, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $32.0 million, up 27.2% from fiscal 2024.
- electroCore, Inc. (ECOR) is a Medical Devices company in the Healthcare sector, listed on Nasdaq.
- As of October 16, 2026, ECOR traded at $7.85, a market capitalization of $75.3 million.
- Return on equity was −478.7% and debt-to-equity -2.07.
- Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −13.54 (distress zone) for fiscal 2025.