SANUWAVE Health (SNWV) Revenue & Revenue Breakdown

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SANUWAVE Health Revenue Highlights

Latest Revenue (Y)

$44.05M

Latest Revenue (Q)

$11.45M

Main Segment (Y)

System Revenue

Main Geography (Y)

UNITED STATES

SANUWAVE Health Revenue by Period

SANUWAVE Health Revenue by Year

Date	Revenue	Change
2025-12-31	$44.05M	34.98%
2024-12-31	$32.63M	59.99%
2023-12-31	$20.40M	21.84%
2022-12-31	$16.74M	28.69%
2021-12-31	$13.01M	220.68%
2020-12-31	$4.06M	294.37%
2019-12-31	$1.03M	-44.39%
2018-12-31	$1.85M	150.51%
2017-12-31	$738.53K	-46.33%
2016-12-31	$1.38M	42.52%
2015-12-31	$965.50K	13.94%
2014-12-31	$847.37K	5.92%
2013-12-31	$800.03K	4.01%
2012-12-31	$769.22K	-4.16%
2011-12-31	$802.57K	10.18%
2010-12-31	$728.45K	10.25%
2009-12-31	$660.73K	100.00%
2008-12-31	-	100.00%
2007-12-31	-	100.00%
2006-12-31	-	-

SANUWAVE Health generated $44.05M in revenue during NA 2025, up 34.98% compared to the previous quarter, and up 1085.80% compared to the same period a year ago.

SANUWAVE Health Revenue by Quarter

Date	Revenue	Change
2025-09-30	$11.45M	12.66%
2025-06-30	$10.16M	8.80%
2025-03-31	$9.34M	-9.53%
2024-12-31	$10.33M	10.32%
2024-09-30	$9.36M	30.69%
2024-06-30	$7.16M	23.78%
2024-03-31	$5.79M	-17.27%
2023-12-31	$6.99M	41.21%
2023-09-30	$4.95M	5.95%
2023-06-30	$4.67M	23.84%
2023-03-31	$3.77M	-31.36%
2022-12-31	$5.50M	32.02%
2022-09-30	$4.17M	7.32%
2022-06-30	$3.88M	21.50%
2022-03-31	$3.19M	-25.00%
2021-12-31	$4.26M	14.36%
2021-09-30	$3.73M	28.05%
2021-06-30	$2.91M	37.48%
2021-03-31	$2.12M	13.84%
2020-12-31	$1.86M	36.07%
2020-09-30	$1.37M	1545.78%
2020-06-30	$83.00K	-44.30%
2020-03-31	$149.00K	-55.67%
2019-12-31	$336.15K	70.08%
2019-09-30	$197.64K	-37.65%
2019-06-30	$316.98K	78.11%
2019-03-31	$177.96K	-61.04%
2018-12-31	$456.79K	-23.33%
2018-09-30	$595.79K	31.46%
2018-06-30	$453.21K	31.64%
2018-03-31	$344.27K	8.83%
2017-12-31	$316.33K	95.77%
2017-09-30	$161.59K	45.51%
2017-06-30	$111.05K	-25.76%
2017-03-31	$149.57K	-76.91%
2016-12-31	$647.68K	153.34%
2016-09-30	$255.65K	25.69%
2016-06-30	$203.41K	-24.48%
2016-03-31	$269.32K	-27.50%
2015-12-31	$371.46K	158.67%
2015-09-30	$143.60K	-40.16%
2015-06-30	$239.98K	14.03%
2015-03-31	$210.45K	-11.07%
2014-12-31	$236.66K	4.03%
2014-09-30	$227.49K	-4.46%
2014-06-30	$238.12K	64.11%
2014-03-31	$145.10K	-49.92%
2013-12-31	$289.76K	95.23%
2013-09-30	$148.42K	-7.59%
2013-06-30	$160.62K	-20.18%
2013-03-31	$201.23K	41.65%
2012-12-31	$142.06K	-20.30%
2012-09-30	$178.26K	-15.26%
2012-06-30	$210.36K	-11.81%
2012-03-31	$238.54K	5.83%
2011-12-31	$225.39K	39.41%
2011-09-30	$161.68K	-1.26%
2011-06-30	$163.75K	-34.96%
2011-03-31	$251.75K	32.57%
2010-12-31	$189.91K	-31.74%
2010-09-30	$278.21K	137.33%
2010-06-30	$117.23K	-

SANUWAVE Health generated $11.45M in revenue during Q3 2025, up 12.66% compared to the previous quarter, and up 159.89% compared to the same period a year ago.

SANUWAVE Health Revenue Breakdown

SANUWAVE Health Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Other Revenue	$206.00K	-	-	-	-
License Fees	$20.00K	-	-	-	-
System Revenue	$17.85M	$11.15M	$5.96M	$5.33M	-
Extended Warranty	$172.00K	-	-	-	-
Consumables and Parts	-	$21.14M	$13.22M	-	-
License Fees and Other	-	$40.00K	$76.00K	$321.00K	-
Accessories And Parts	-	-	-	$9.86M	-
Accessory and Parts Revenue	-	-	-	-	$8.07M
Product	-	-	-	-	$3.12M
Rental Income	-	-	-	-	$1.63M
License and Other	-	-	-	-	$195.00K

SANUWAVE Health's latest annual revenue breakdown by segment (product or service), as of Dec 25: System Revenue (97.82%), Other Revenue (1.13%), Extended Warranty (0.94%), and License Fees (0.11%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Sep 23	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20
System Revenue	$6.82M	$4.39M	$3.44M	$3.20M	$9.78M	$1.37M	$1.63M	-	-	-	-	-	-	-	-	-	-	-
Consumables and Parts	-	$7.03M	$6.69M	$6.09M	$6.26M	$5.62M	$4.95M	$4.31M	$3.16M	-	-	-	-	-	-	-	-	-
License Fees and Other	-	$5.00K	$10.00K	$5.00K	$10.00K	$10.00K	$15.00K	$5.00K	$38.00K	-	-	-	-	-	-	-	-	-
Product	-	-	-	-	-	$3.66M	$2.11M	$902.00K	$862.00K	$645.00K	$24.82K	$78.92K	-	-	-	-	-	-
Rental Income	-	-	-	-	-	-	-	-	-	$247.00K	$344.00K	$343.00K	-	-	-	-	-	-
License and Other	-	-	-	-	-	-	-	-	-	$5.00K	$13.00K	$15.00K	$26.00K	$111.00K	$38.00K	-	-	-
Accessory and Parts Revenue	-	-	-	-	-	-	-	-	-	$3.01M	$2.66M	$2.19M	$2.40M	$2.28M	$1.82M	-	-	-
Other Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$616.20K	-	-
License Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$11.48K	-
Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.52K	$9.96K

SANUWAVE Health's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: System Revenue (100.00%).

SANUWAVE Health Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
UNITED STATES	$32.40M	-	-	-	-
Non-US	$235.00K	$230.00K	$259.00K	$350.00K	$328.92K
United States	-	$20.17M	$16.48M	$12.30M	$3.73M

SANUWAVE Health's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (99.28%), and Non-US (0.72%).

Quarterly Revenue by Country

Country	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Non-US	$16.00K	$15.00K	$16.00K	$31.00K	$46.00K	$142.00K	$115.00K	$43.00K	$79.00K	$36.00K	$243.00K	-	$16.00K	$43.00K	$51.00K	$44.00K	$212.00K	$309.61K	$19.31K	-
UNITED STATES	$10.15M	$9.33M	$15.95M	$9.33M	$7.12M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
United States	-	-	-	-	-	$5.64M	$18.01M	$4.91M	$1.32M	$833.00K	$9.47M	$3.84M	$3.17M	$1.01M	$1.25M	$470.00K	$41.00K	$2.43M	$1.30M	$63.79K
International	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$19.51K

SANUWAVE Health's latest quarterly revenue breakdown by geography, as of Jun 25: UNITED STATES (99.84%), and Non-US (0.16%).

SANUWAVE Health Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
INGN	Inogen	$348.67M	$85.11M
QTRX	Quanterix	$138.90M	$40.23M
OM	Outset Medical	$119.48M	$27.86M
SGHT	Sight Sciences	$77.36M	$19.91M
MASS	908 Devices	$56.20M	$14.01M
SNWV	SANUWAVE Health	$44.05M	$11.45M
SENS	Senseonics	$35.26M	$11.71M
FHTX	Foghorn Therapeutics	$30.91M	$3.27M
NNOX	Nano-X Imaging	$9.90M	$2.55M
HSDT	Solana	$6.02M	$697.00K
IMRX	Immuneering	-	-

SNWV Revenue FAQ

What is SANUWAVE Health’s yearly revenue?

SANUWAVE Health's yearly revenue for 2025 was $44.05M, representing an increase of 34.98% compared to 2024. The company's yearly revenue for 2024 was $32.63M, representing an increase of 59.99% compared to 2023. SNWV's yearly revenue for 2023 was $20.4M, representing an increase of 21.84% compared to 2022.

What is SANUWAVE Health’s quarterly revenue?

SANUWAVE Health's quarterly revenue for Q3 2025 was $11.45M, a 12.66% increase from the previous quarter (Q2 2025), and a 22.34% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $10.16M, a 8.80% increase from the previous quarter (Q1 2025), and a 41.92% increase year-over-year (Q2 2024). SNWV's quarterly revenue for Q1 2025 was $9.34M, a -9.53% decrease from the previous quarter (Q4 2024), and a 61.46% increase year-over-year (Q1 2024).

What is SANUWAVE Health’s revenue growth rate?

SANUWAVE Health's revenue growth rate for the last 3 years (2023-2025) was 115.96%, and for the last 5 years (2021-2025) was 238.59%.

What are SANUWAVE Health’s revenue streams?

SANUWAVE Health's revenue streams in c 25 are Other Revenue, License Fees, System Revenue, and Extended Warranty. Other Revenue generated $206K in revenue, accounting 1.13% of the company's total revenue License Fees generated $20K in revenue, accounting 0.11% of the company's total revenue System Revenue generated $17.85M in revenue, accounting 97.82% of the company's total revenue, up 60.01% year-over-year. Extended Warranty generated $172K in revenue, accounting 0.94% of the company's total revenue

What is SANUWAVE Health’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of SANUWAVE Health was System Revenue. This segment made a revenue of $17.85M, representing 97.82% of the company's total revenue.