Stock Fundamentals

Company Information

Company Name
Zynex Inc
Sector
Healthcare
Industry
Medical Distribution
Exchange
NASDAQ
ISIN: US98986M1036
CIK: 0000846475
CUSIP: 98986M103
Currency: USD
Full Time Employees: 1,000
Phone: 303 703 4906
Fiscal Year End: December
IPO Date: Dec 31, 2002
Description:

Zynex, Inc., together with its subsidiaries, designs, manufactures, and markets medical devices to treat chronic and acute pain, and activate and exercise muscles for rehabilitative purposes with electrical stimulation. The company offers NexWave, a dual channel, multi-modality interferential current, transcutaneous electrical nerve stimulation, and neuromuscular electrical stimulation (NMES) device that is marketed to physicians and therapists by field sales representatives; NeuroMove, an electromyography and electric stimulation technology device; InWave, an electrical stimulation product for the treatment of female urinary incontinence; E-Wave, an NMES device; and M-Wave, an NMES device. It also supplies private labeled products, including electrodes for the delivery of electrical current to the body; and batteries for use in electrotherapy products. In addition, the company distributes Comfortrac/Saunders for cervical traction, JetStream for hot/cold therapy, LSO Back Braces for lumbar support, braces for rehabilitation support for knee and wrist, and Dynacomp for cold compression therapy. Further, it develops Zynex Fluid Monitoring System (CM-1500); Zynex Wireless Fluid Monitoring System (CM-1600), a noninvasive monitoring device designed to measure relative changes in fluid volume in adult patients; NiCO CO-Oximeter, a laser photoplethysmographic patient monitoring device; and HemeOx tHb Oximeter, a laser-based total hemoglobin pulse oximeter. The company provides its products for use in pain management and control; stroke and spinal cord injury rehabilitation; and fluid monitoring and pulse oximetry monitoring. It sells its products through direct sales force primarily in the United States. Zynex, Inc. was founded in 1996 and is headquartered in Englewood, Colorado. On December 15, 2025, Zynex, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

Address:

9655 Maroon Circle, Englewood, CO, United States, 80112

Directors & Officers

Name Title Year Born
Mr. Thomas Sandgaard Founder, President & Chairman 1959
Dr. Steven Lewis Dyson Ph.D. CEO & Director 1973
Mr. Vikram Bajaj Chief Financial Officer NA
Mr. John T. Bibb Chief Legal Officer 1973
Mr. Ajay Gopal Executive Vice President of Sales NA
Mr. Neil Friery COO of Zynex Monitoring Solutions, Inc. NA
Mr. Donald Gregg President of Zynex Monitoring Solutions NA

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 465.12K Sep 30, 2025 1.53% $0.00 -23.69%
Susquehanna International Group, LLP 229.65K Sep 30, 2025 0.76% $0.00 -5.07%
Geode Capital Management, LLC 188.51K Sep 30, 2025 0.62% $0.00 -0.47%
Millennium Management LLC 167.16K Sep 30, 2025 0.55% $0.00 -22.33%
RBF LLC 150.00K Dec 31, 2025 0.49% $0.00 0.00%
Bank of New York Mellon Corp 115.32K Sep 30, 2025 0.38% $0.00 -0.31%
State Street Corp 78.07K Sep 30, 2025 0.26% $0.00 0.00%
The Goldman Sachs Group Inc 77.08K Sep 30, 2025 0.25% $0.00 -47.15%
Northern Trust Corp 52.10K Sep 30, 2025 0.17% $0.00 -3.65%
Jane Street Group LLC 37.76K Sep 30, 2025 0.12% $0.00 -59.55%
SIMPLEX TRADING, LLC 28.65K Sep 30, 2025 0.09% $0.00 -48.58%
Cetera Investment Advisers 26.64K Sep 30, 2025 0.09% $0.00 -1.98%
XTX Topco Ltd 26.41K Sep 30, 2025 0.09% $0.00 45.72%
Sender Co & Partners, Inc. 25.87K Sep 30, 2025 0.09% $0.00 -0.48%
HSBC Holdings PLC 20.53K Sep 30, 2025 0.07% $0.00 -8.60%
Morgan Stanley - Brokerage Accounts 17.55K Sep 30, 2025 0.06% $0.00 -41.37%
SRS Capital Advisors Inc 17.05K Sep 30, 2025 0.06% $0.00 100.43%
UBS Group AG 10.89K Sep 30, 2025 0.04% $0.00 -41.17%
Barclays PLC 10.65K Sep 30, 2025 0.04% $0.00 0.00%
Federated Hermes Inc 8.11K Sep 30, 2025 0.03% $0.00 -2.30%

Shares Statistics

Shares Outstanding: 30.39M
Shares Float: 15.79M
% Insiders: 4,816.30%
% Institutions: 1,370.50%
Short % Float: 34.56%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 BlackRock Inc 465.12K 1.53% ▼ 23.69% Sep 30, 2025
2 Susquehanna International Group, LLP 229.65K 0.76% ▼ 5.07% Sep 30, 2025
3 Geode Capital Management, LLC 188.51K 0.62% ▼ 0.47% Sep 30, 2025
4 Millennium Management LLC 167.16K 0.55% ▼ 22.33% Sep 30, 2025
5 RBF LLC 150.00K 0.49% ▲ 0.00% Dec 31, 2025
6 Bank of New York Mellon Corp 115.32K 0.38% ▼ 0.31% Sep 30, 2025
7 State Street Corp 78.07K 0.26% ▲ 0.00% Sep 30, 2025
8 The Goldman Sachs Group Inc 77.08K 0.25% ▼ 47.15% Sep 30, 2025
9 Northern Trust Corp 52.10K 0.17% ▼ 3.65% Sep 30, 2025
10 Jane Street Group LLC 37.76K 0.12% ▼ 59.55% Sep 30, 2025

Valuation Metrics

Enterprise Value: $98.85M
Trailing P/E: 0.00
Forward P/E: 16.61

Financial Highlights

Market Cap: $3.80M
EBITDA: $-32.38M
PEG Ratio: $0.00
Book Value: $-1.34
Earnings/Share: $-2.41
Profit Margin: -68.35%
Operating Margin: -98.97%
ROA (TTM): -27.11%
ROE (TTM): -168.22%
Revenue (TTM): $108.20M
Revenue/Share (TTM): $3.49
Earnings Growth (YOY): -30.00%
Revenue Growth (YOY): -73.30%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

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Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2024-12-31 4.46x 1.76x 0.71x 2.51x 5.83x
2023-12-31 4.74x 1.33x 0.66x 9.85x 3.44x
2022-12-31 3.30x 0.20x 0.45x 52.13x 0.51x
2021-12-31 3.62x 0.30x 0.45x 235.43x 0.89x
2020-12-31 6.23x 0.04x 0.23x 539.42x 0.18x
2019-12-31 4.34x 0.06x 0.30x 2,213.20x 0.11x
2018-12-31 2.25x 0.07x 0.43x 67.34x 0.06x
2017-12-31 2.08x 0.07x 0.45x 6.17x 0.04x
2016-12-31 0.44x -0.81x 1.93x 1.82x 3.47x
2015-12-31 0.37x -1.09x 2.10x -4.93x -2.10x
2014-12-31 0.71x -4.09x 1.18x -10.63x -0.97x
2013-12-31 1.42x 1.26x 0.72x -12.52x -0.92x
2012-12-31 1.76x 0.51x 0.53x 6.29x 1.67x
2011-12-31 1.85x 0.36x 0.53x 6.74x 0.98x
2010-12-31 2.26x 0.22x 0.48x 7.26x 0.77x
2009-12-31 2.70x 0.03x 0.37x 23.12x 0.05x
2008-12-31 1.58x 0.43x 0.56x 4.71x 2.72x
2007-12-31 1.80x 0.12x 0.50x 12.92x 0.13x
2006-12-31 2.15x 0.63x 0.53x -1.08x 10.49x
2005-12-31 2.04x 1.13x 0.67x 0.17x -7.41x
2004-12-31 1.13x 1.24x 0.74x -25.01x -0.27x
2003-12-31 0.39x -0.53x 2.07x -0.32x -85.25x
2002-12-31 0.00x -1.00x N/A -0.32x -42.13x
2001-12-31 0.00x -0.86x N/A -0.41x -21.72x
2000-12-31 0.04x -1.39x 5.07x -52.76x -0.52x
1999-12-31 N/A 0.00x -1.00x -4.34x 0.00x
1998-12-31 N/A 0.00x 0.00x -1.94x 0.00x
1997-12-31 N/A N/A N/A -4.16x 0.00x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 03, 2025 Daniel J Moorhead N/A Sale 10.00K $7.15 $71.50K
Feb 03, 2025 Daniel J Moorhead N/A Sale 10.00K $7.68 $76.80K
Jan 02, 2025 Daniel J Moorhead N/A Sale 10.00K $7.88 $78.80K
Dec 02, 2024 Daniel J Moorhead N/A Sale 10.00K $8.08 $80.80K
Nov 13, 2024 Thomas Sandgaard N/A Sale 2.00K $8.37 $16.74K
Nov 11, 2024 Thomas Sandgaard N/A Sale 2.00K $9.09 $18.18K
Nov 08, 2024 Thomas Sandgaard N/A Sale 2.00K $8.77 $17.54K
Nov 06, 2024 Thomas Sandgaard N/A Sale 2.00K $8.82 $17.64K
Nov 04, 2024 Thomas Sandgaard N/A Sale 2.00K $8.67 $17.34K
Nov 01, 2024 Daniel J Moorhead N/A Sale 10.00K $8.59 $85.90K
Nov 01, 2024 Thomas Sandgaard N/A Sale 2.00K $8.63 $17.26K
Oct 30, 2024 Thomas Sandgaard N/A Sale 2.00K $8.92 $17.84K
Aug 07, 2024 Anna Lucsok N/A Sale 8.08K $8.03 $64.91K
Jul 29, 2024 Joshua R Disbrow N/A Purchase 7.00K $8.32 $58.24K
Aug 04, 2023 Anna Lucsok N/A Sale 12.00K $8.41 $100.92K
Aug 04, 2023 Daniel J Moorhead N/A Sale 20.00K $8.49 $169.80K

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