Delcath Systems, Inc.
DCTH Nasdaq· Surgical & Medical Instruments & Apparatus
Last close · Oct 23, 2026
$14.42
KIRA · Stoqly’s AI analyst, in plain words
- Delcath Systems, Inc. had $85.2M of revenue in fiscal 2025, up 129.1% on the year before.
- Its operating margin was 0.8%, up 34.1 pts: of every 100 in sales, about 1 is left after running the business.
- Delcath Systems, Inc. made $2.7M of net profit in fiscal 2025.
- Free cash flow was $21.0M in fiscal 2025, 24.6% of revenue.
- Delcath Systems, Inc. returned $6.0M to shareholders in fiscal 2025, 29% of free cash flow. The diluted share count rose 40.0%.
Market cap
$573M
P/E
—
Revenue
$85.2M
Net income
$2.7M
Free cash flow
$21.0M
Operating margin
0.8%
Delcath Systems, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+129.1%
Yes. Sales grew 129.1% last year.
Does it make a profit?
3.2%
A little. It keeps 3.2% of every sale as profit.
Does profit turn into cash?
24.6%
Yes. 24.6% of sales ends up as free cash.
How healthy are the accounts?
6 / 8
Mixed. It passes 6 of 8 health tests.
What Delcath Systems, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 26, 2026
- Legal name
- DELCATH SYSTEMS, INC.
- CIK
- 0000872912
Delcath Systems, Inc. · DCTH
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $3.6M | $2.7M | $2.1M | $37.2M | $85.2M |
| Revenue growth | — | −23.5% | −24.1% | 1,701.7% | 129.1% |
| Gross margin | 81.1% | 74.8% | 69.2% | 83.4% | 86.2% |
| Operating margin | −690.0% | −1,245.1% | −1,849.0% | −33.4% | 0.8% |
| Net income | −$25.6M | −$36.5M | −$47.7M | −$26.4M | $2.7M |
| Net margin | −721.5% | −1,342.7% | −2,308.9% | −70.9% | 3.2% |
| Diluted EPS | −$3.59 | −$4.12 | −$2.94 | −$0.93 | $0.07 |
| Cash | |||||
| Cash from operations | −$22.6M | −$25.0M | −$31.3M | −$18.7M | $22.5M |
| Capital expenditure | $0.1M | $0.2M | $0.1M | $0.6M | $1.5M |
| Free cash flow | −$22.7M | −$25.2M | −$31.3M | −$19.2M | $21.0M |
| FCF margin | −639.9% | −925.3% | −1,516.2% | −51.7% | 24.6% |
| Share buybacks | — | — | — | $0.0M | $6.0M |
| Share count change | 146.6% | 24.1% | 83.1% | 75.7% | 40.0% |
| Debt and strength | |||||
| Cash and short-term investments | $22.8M | $7.7M | $32.5M | $53.2M | $91.0M |
| Debt incl. finance leases | — | $15.7M | $10.2M | $0.0M | — |
| Shareholders' equity | $12.0M | −$5.9M | $15.8M | $68.7M | $111M |
| Current ratio | 5.2x | 1.1x | 2.3x | 12.0x | 10.9x |
| Returns and quality | |||||
| Return on capital | — | −1,239.3% | — | −63.2% | — |
| Return on equity | −150.7% | −1,198.4% | −961.4% | −62.4% | 3.0% |
| Return on tangible equity | −214.6% | — | −302.2% | −38.4% | 2.4% |
| Piotroski F-score | — | 2 | 4 | 6 | 6 |
| Altman Z'' | −40.8 | −96.0 | −45.1 | −8.7 | 1.3 |
Insiders bought, 12 months
$0.3M
3 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Delcath Systems, Inc. · DCTH
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $14.42 a share, the company is worth $573M.
Source: SEC EDGAR XBRL filings (CIK 0000872912). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.