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Zynex Medical revenue
Zynex Medical's revenue is $192.4 million.
What is Zynex Medical's revenue?
- Zynex Medical annual revenue for 2023 was 184.3M, 16.54% growth from 2022.
- Zynex Medical annual revenue for 2024 was 192.4M, 4.36% growth from 2023.
- Zynex Medical's revenue growth from 2007 to 2024 is 2,290.01%.
- Zynex Medical has 283 employees, and the revenue per employee ratio is $679,696.
- Zynex Medical's peak quarterly revenue was $50.0M in 2024(q3).
- Zynex Medical peak revenue was $192.4M in 2024.
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Zynex Medical historical revenue
Zynex Medical's peak revenue was $192.4M in 2024. The peak quarterly revenue was $50.0M in 2024(q3).
Zynex Medical's revenue increased from $8.0m in 2007 to $192.4M currently. That's a 2,290.01% change in annual revenue.
Zynex Medical annual revenue
Zynex Medical annual revenue over time
| Fiscal year / year | Zynex Medical revenue |
|---|---|
| 2009 | $18.7M |
| 2010 | $24.1M |
| 2011 | $34.1M |
| 2012 | $39.7M |
| 2013 | $21.7M |
| 2014 | $11.1M |
| 2015 | $11.6M |
| 2016 | $13.3M |
| 2017 | $23.4M |
| 2018 | $31.9M |
| 2019 | $45.5M |
| 2020 | $80.1M |
| 2021 | $8.0M |
| 2022 | $158.2M |
| 2023 | $184.3M |
| 2024 | $192.4M |
How accurately did Zynex Medical's revenue projections match actual performance?
Zynex Medical annual growth
Zynex Medical saw the greatest revenue growth in 2020, when revenue increased by 76.2%.
Zynex Medical had the lowest revenue growth in 2014, when revenue changed by -48.73%.
Zynex Medical annual growth rate over time
| Year | Zynex Medical growth |
|---|---|
| 2009 | 59%↑ |
| 2010 | 29%↑ |
| 2011 | 42%↑ |
| 2012 | 16%↑ |
| 2013 | -45%↓ |
| 2014 | -49%↓ |
| 2015 | 5%↑ |
| 2016 | 14%↑ |
| 2017 | 76%↑ |
| 2018 | 36%↑ |
| 2019 | 42%↑ |
| 2020 | 76%↑ |
| 2021 | -90%↓ |
| 2022 | 1869%↑ |
| 2023 | 17%↑ |
| 2024 | 4%↑ |
Zynex Medical quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Zynex Medical quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2017 | $3.4M | $5.0M | $6.8M | $8.1M |
| 2018 | $6.9M | $7.6M | $8.1M | $9.3M |
| 2019 | $9.2M | $10.3M | $11.8M | $14.2M |
| 2020 | $15.2M | $19.3M | $20.0M | $25.6M |
| 2021 | $24.1M | $31.0M | $34.8M | $40.5M |
| 2022 | $31.1M | $36.8M | $41.5M | $48.8M |
| 2023 | $42.2M | $45.0M | $49.9M | $47.3M |
| 2024 | $46.5M | $49.9M | $50.0M | $46.0M |
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Is Zynex Medical transparent about its revenue structure?
Zynex Medical financial information
| CEO | Thomas Sandgaard |
| Industry | Pharmaceuticals, Biotechnology & Life Sciences |
| Company Type | Public |
| Employees Number | 283 |
| Date Founded | 1996 |
| Headquarters | Englewood, Colorado |
| Number of Locations | 1 |
| Revenue | $192.4M |
| Net Income | $17,048,000 |
| Gross Proft | $152.9M (2024) |
| PE Ratio | 47.26 |
| Tax Rate | 0.2% |
| Market Capitalization | $141.5M |
| Total Assets | $116,466,000 |
| Ticker | ZYXI |
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Zynex Medical financing
Zynex Medical received early financing of $1.5M on 2016-11-25.
| Series | Round size | Date |
|---|---|---|
| Equity | $1.5M | 11/2016 |
Zynex Medical competitors
Zynex Medical's top competitor, UnitedHealth Group, earned an annual revenue of $400.3B.
Zynex Medical's smallest competitor is M&M; Merchandisers with revenue of $1.4M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Varian Medical Systems | $104,569 | $3.2B | 10,000 | 2 |
| Stryker | $69,470 | $22.6B | 43,000 | 2,235 |
| UnitedHealth Group | $51,208 | $400.3B | 300,000 | 7,447 |
| ResMed | $87,267 | $4.7B | 8,000 | 152 |
| Tandem Diabetes Care | $62,371 | $940.2M | 1,500 | 5 |
| NuVasive | $75,654 | $1.2B | 2,800 | - |
| Carestream | $71,992 | $1.9B | 4,400 | 28 |
| Johnson & Johnson | $76,686 | $88.8B | 134,500 | 1,670 |
| Dexcom | $78,550 | $4.0B | 3,900 | 211 |
| Owens & Minor | $38,357 | $10.7B | 17,900 | 808 |
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Zippia gives an in-depth look into the details of Zynex Medical, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Zynex Medical. The employee data is based on information from people who have self-reported their past or current employments at Zynex Medical. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Zynex Medical. The data presented on this page does not represent the view of Zynex Medical and its employees or that of Zippia.
Zynex Medical may also be known as or be related to ZYNEX INC, Zynex, Zynex Medical, Zynex Medical, Inc. and Zynex, Inc.