Elutia Inc.

ELUT Healthcare Medical Devices

In the quarter to June 2026, revenue fell 11.7%, EPS grew 26.1% and free cash flow fell 2.52%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

0.79 0.00 0.00%
Market cap
$34.9M
P/E
0.6×
Fwd P/E
−1.7×
Dividend yield
—
F-score
5/9
Altman Z
−4.10
Beneish M
0.81
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.24
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 3 6 3 — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 20.04%

Capital & Financial Ratios $m

Market Cap 34.93
Revenue 12.14
Net Income 51.81
Free Cash Flow (46.03)
Net Debt (19.90)
Current Ratio 1.77 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.64
Fwd P/E (1.66) (negative: loss-making)
P/S ratio 2.88
P/B ratio 2.22
Past 5Y EPS Growth —
This Y EPS Growth (172.41%) (below 0%: weak)
Next Y EPS Growth 14.29%
Next Y revenue growth (38.99%) (below 0%: weak)
Next 5Y EPS Growth 41.10% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 51.89%
10-year low 10-year high
EV/Sales against its own 10 years 54.57%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 19 13 36 20
Receivables 6 7 15 13
Inventory 4 2 3 3
Other — 2 — —
31 26 56 37
2023 2024 2025 Q'26
Payables 3 4 5 4
ST’ Debt 3 1 — —
Other 27 25 16 12
43 38 25 21

Compound Annual Growth %

10y 5y 3y
Sales — (22.04%) (19.82%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 5.84% 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 3 2 — — —
’25 3 3 3 3 12
’24 7 6 4 — 14
’23 6 6 6 6 25
’22 11 13 6 (6) 24
’21 13 12 11 11 47
’20 10 9 12 12 43
Fiscal quarters ending in the months shown.
value withheld pending a data check

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (8) (8) — — —
’25 (9) (8) (3) (25) (45)
’24 (3) (4) (3) (12) (23)
’23 (5) (2) (5) (9) (22)
’22 (7) (3) (6) (5) (21)
’21 (5) (1) (3) (6) (15)
’20 (3) (4) (1) (5) (14)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (8) (9) — — —
’25 (9) (8) (4) (26) (47)
’24 (3) (4) (4) (12) (23)
’23 (5) (2) (5) (9) (22)
’22 (7) (4) (6) (5) (22)
’21 (5) (1) (3) (6) (16)
’20 (3) (4) (2) (5) (14)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.17) (0.17) — — —
’25 (0.21) (0.26) (0.19) 1.48 0.87
’24 (0.75) (1.13) (0.33) (0.26) (1.86)
’23 (0.49) (0.65) (0.57) (0.40) (2.07)
’22 (0.60) (0.69) (0.73) (0.38) (2.38)
’21 (0.50) (0.23) (0.81) (0.82) (2.38)
’20 (7.04) (7.99) (15.79) (0.57) (8.88)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten 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 — — — — 10.55 4.10 3.37 1.10 2.16 0.50

Analyst estimates 2026–2028

Powerpack
High — — — — 18.00 18.20 9.01 5.38 5.24 3.80
People
People Employees — — — 151 163 176 164 54 51 26
Revenue/emp, $m — — 0.00 0.28 0.26 0.27 0.15 0.46 0.28 0.47
Income, $m
Income, $m Revenue — — 39 43 43 47 24 25 14 12
Gross margin, % — — 40.84 46.08 48.17 40.14 48.80 44.67 46.42 53.66
EBT — — (12) (12) (22) (25) (36) (41) (45) (16)
EBT margin, % — — (29.56) (27.76) (51.07) (52.28) (151.57) (166.58) (313.39) (129.00)
Net income — 0 (12) (12) (22) (25) (33) (38) (54) 53
Depreciation — — 4 4 4 4 4 4 3 3
Per share, $
Per share, $ Revenue — — 62.01 66.41 14.96 4.54 1.72 1.36 0.50 0.30
Earnings — — (18.37) (18.48) (8.88) (2.38) (2.38) (2.07) (1.86) 1.29
Cash flow — — (8.65) (11.18) (4.78) (1.48) (1.55) (1.20) (0.78) (1.08)
Capex — — (0.30) (0.89) (0.22) (0.04) (0.04) (0.02) (0.02) (0.05)
Free cash flow — — (8.95) (12.08) (5.00) (1.51) (1.59) (1.22) (0.80) (1.13)
Book value — — (68.95) (85.31) 7.30 1.29 (0.36) (2.13) (1.59) 0.67
Shares, m — — 1 1 3 10 14 18 29 41
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.56
P/S — — 0.00 0.00 3.00 1.39 2.34 1.83 7.52 2.32
P/B — — 0.00 0.00 6.15 4.87 0.00 0.00 0.00 1.03
EV/Sales — — 0.00 0.00 2.64 1.14 3.18 2.01 8.25 1.49
EV/FCF — — (7.00) (7.00) (7.89) (3.40) (3.45) (2.25) (5.12) (0.39)
Cash, $m
Cash, $m Operating cash flow — — (5) (7) (14) (15) (21) (22) (23) (45)
Capex — — 0 (1) (1) 0 (1) 0 (1) (2)
Free cash flow — — (6) (8) (14) (16) (22) (22) (23) (47)
Balance, $m
Balance, $m Working capital — — 5 0 33 21 8 (12) (12) 31
Total debt — — 18 21 24 18 37 24 24 —
Net debt — — 15 19 (15) (12) 20 4 11 (36)
Shareholders’ equity — — (43) (55) 21 14 (5) (39) (46) 28
Returns, %
Returns, % ROA — — (48.45) (25.81) (39.72) (33.11) (48.37) (67.08) (135.63) 108.41
ROIC — — 0.00 0.00 (156.82) (921.57) (146.02) 0.00 0.00 0.00
ROE — — 23.48 24.24 147.81 (144.57) (775.14) 172.60 127.15 (574.35)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Elutia 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
SNWV Sanuwave Health Inc. $44.5M 3.0× — (loss-making) −3.13% (below 0%: shrinking) n/m +86.75% (above 0%: growing) 76.23% (2.88%) Compare
XTNT Xtant Medical Holdings, Inc. $42.5M — (loss-making) — (loss-making) −34.96% (below 0%: shrinking) n/m −881.96% (below 0%: shrinking) 57.88% (39.81%) Compare
RPID Rapid Micro Biosystems, Inc. $42.4M — (loss-making) — (loss-making) +10.91% (above 0%: growing) n/m −23.97% (below 0%: shrinking) 15.05% (152.99%) Compare
NNOX Nano-X Imaging Ltd. $38.6M — (loss-making) — (loss-making) +36.71% (above 0%: growing) n/m −21.37% (below 0%: shrinking) (1,050.87%) (1,334.91%) Compare
CVRX CVRx, Inc. $37.0M — (loss-making) — (loss-making) +15.57% (above 0%: growing) n/m −11.18% (below 0%: shrinking) 87.39% (82.92%) Compare
ELUT Elutia Inc. $34.9M 0.6× — (loss-making) −11.65% (below 0%: shrinking) n/m −2.52% (below 0%: shrinking) 59.62% (327.85%)
QTI QT Imaging Holdings, Inc. $34.8M — (loss-making) — (loss-making) +103.20% (above 0%: growing) n/m −236.31% (below 0%: shrinking) 41.16% (25.07%) Compare
NSYS Nortech Systems Incorporated $29.5M 27.9× 17.5× +9.34% (above 0%: growing) −8.33% (below 0%: shrinking) −1,567.16% (below 0%: shrinking) 17.00% 1.86% Compare
ITOC iTonic Holdings Ltd. $29.3M — — — — — — — Compare
Median of peers $37.8M — — +10.91% — −23.97% 41.16% (39.81%)

All 149 Medical Devices stocks →

Elutia Inc. (ELUT) key facts

  • Elutia Inc. (ELUT) is a Medical Devices company in the Healthcare sector, listed on Nasdaq.
  • As of October 16, 2026, ELUT traded at $0.79, a market capitalization of $34.9 million.
  • Return on equity was −574.4% and debt-to-equity 0.00.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is −4.10 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Elutia Inc. (ELUT) Latest News

15 May

Impact 4 · transcript
stockrow.com/ELUT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com