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Stocks · Health care · Surgical & Medical Instruments & Apparatus

DELCATH SYSTEMS, INC.

DCTH Clue Score83
United States Fiscal year ends December CIK 0000872912
$15.67 +2.02% Close, 12 Oct 2026
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Price $15.67 +74.30% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Operating income−16.4Net income−18.0Fiscal year 2017Operating income−18.2Net income−45.1EPS, diluted−3,250.00Fiscal year 2018Operating income−27.1Net income−19.2EPS, diluted−0.72Fiscal year 2019Operating income−19.9Net income−8.9EPS, diluted−342.83Fiscal year 2020Operating income−21.3Net income−24.2EPS, diluted−8.35Fiscal year 2021Revenue3.6Operating income−24.5Net income−25.6EPS, diluted−3.59Fiscal year 2022Revenue2.7 −23.5%Operating income−33.9Net income−36.5EPS, diluted−4.12Fiscal year 2023Revenue2.1 −24.1%Operating income−38.2Net income−47.7EPS, diluted−2.94Fiscal year 2024Revenue37.2 +1,701.7%Operating income−12.4Net income−26.4EPS, diluted−0.93Fiscal year 2025Revenue85.2 +129.1%Operating income0.7Net income2.7EPS, diluted0.07
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue n/a n/a n/a n/a n/a 3.6 2.7 2.1 37.2 85.2
Growth −23.5% −24.1% +1,701.7% +129.1%
Operating income −16.4 −18.2 −27.1 −19.9 −21.3 −24.5 −33.9 −38.2 −12.4 0.7
Net income −18.0 −45.1 −19.2 −8.9 −24.2 −25.6 −36.5 −47.7 −26.4 2.7
Growth
EPS, diluted n/a −3,250.00 −0.72 −342.83 −8.35 −3.59 −4.12 −2.94 −0.93 0.07

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Fiscal year 2017Fiscal year 2018Fiscal year 2019Fiscal year 2020Fiscal year 2021Gross margin81.1%Operating margin−690.0%Net margin−721.5%Free cash flow margin−639.9%Fiscal year 2022Gross margin74.8%Operating margin−1,245.1%Net margin−1,342.7%Free cash flow margin−925.3%Fiscal year 2023Gross margin69.2%Operating margin−1,849.0%Net margin−2,308.9%Free cash flow margin−1,516.2%Fiscal year 2024Gross margin83.4%Operating margin−33.4%Net margin−70.9%Free cash flow margin−51.7%Fiscal year 2025Gross margin86.2%Operating margin0.8%Net margin3.2%Free cash flow margin24.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin n/a n/a n/a n/a n/a 81.1% 74.8% 69.2% 83.4% 86.2%
Operating margin n/a n/a n/a n/a n/a −690.0% −1,245.1% −1,849.0% −33.4% 0.8%
Net margin n/a n/a n/a n/a n/a −721.5% −1,342.7% −2,308.9% −70.9% 3.2%
Free cash flow margin n/a n/a n/a n/a n/a −639.9% −925.3% −1,516.2% −51.7% 24.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−14.2Capital expenditure−0.3Free cash flow−14.5Fiscal year 2017Operating cash flow−15.4Capital expenditure−0.5Free cash flow−15.9Fiscal year 2018Operating cash flow−14.7Capital expenditure−0.1Free cash flow−14.8Fiscal year 2019Operating cash flow−23.7Capital expenditure−0.0Free cash flow−23.7Fiscal year 2020Operating cash flow−22.9Capital expenditure−0.8Free cash flow−23.7Fiscal year 2021Operating cash flow−22.6Capital expenditure−0.1Free cash flow−22.7Fiscal year 2022Operating cash flow−25.0Capital expenditure−0.2Free cash flow−25.2Fiscal year 2023Operating cash flow−31.3Capital expenditure−0.1Free cash flow−31.3Fiscal year 2024Operating cash flow−18.7Capital expenditure−0.6Free cash flow−19.2Buybacks0.0Fiscal year 2025Operating cash flow22.5Capital expenditure−1.5Free cash flow21.0Buybacks−6.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −14.2 −15.4 −14.7 −23.7 −22.9 −22.6 −25.0 −31.3 −18.7 22.5
Capital expenditure −0.3 −0.5 −0.1 −0.0 −0.8 −0.1 −0.2 −0.1 −0.6 −1.5
Free cash flow −14.5 −15.9 −14.8 −23.7 −23.7 −22.7 −25.2 −31.3 −19.2 21.0
Growth
Buybacks n/a n/a n/a n/a n/a n/a n/a n/a 0.0 −6.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash4.4Shareholders’ equity−1.5Fiscal year 2017Cash4.0Shareholders’ equity0.7Fiscal year 2018Cash2.5Shareholders’ equity−14.9Fiscal year 2019Cash10.0Shareholders’ equity−6.4Fiscal year 2020Cash28.6Shareholders’ equity22.1Fiscal year 2021Cash22.8Shareholders’ equity12.0Fiscal year 2022Cash7.7Total debt15.7Net cash (debt)−8.0Shareholders’ equity−5.9Fiscal year 2023Cash12.6Total debt10.2Net cash (debt)2.5Shareholders’ equity15.8Debt to equity0.64Fiscal year 2024Cash32.4Total debt0.0Net cash (debt)32.4Shareholders’ equity68.7Debt to equity0.00Fiscal year 2025Cash43.5Shareholders’ equity111.2
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 4.4 4.0 2.5 10.0 28.6 22.8 7.7 12.6 32.4 43.5
Total debt n/a n/a n/a n/a n/a n/a 15.7 10.2 0.0 n/a
Net cash (debt) n/a n/a n/a n/a n/a n/a −8.0 2.5 32.4 n/a
Shareholders’ equity −1.5 0.7 −14.9 −6.4 22.1 12.0 −5.9 15.8 68.7 111.2
Debt to equity n/a n/a n/a n/a n/a n/a n/a 0.64 0.00 n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018† 31 Dec 2018 FY2019† 31 Dec 2019 FY2020† 31 Dec 2020 FY2021† 31 Dec 2021 FY2022 31 Dec 2022 FY2023† 31 Dec 2023 FY2024† 31 Dec 2024 FY2025 31 Dec 2025
Assets
4.4 4.0 2.5 10.0 28.6 22.8 7.7 12.6 32.4 43.5
0.4 0.3 0.6 0.0 0.1 0.0 0.4 0.2 10.9 11.7
0.7 1.2 0.9 0.7 0.9 1.4 2.0 3.3 6.9 10.3
1.1 1.3 0.9 0.7 1.4 1.3 1.4 1.4 1.8 3.2
35.2 8.9 6.8 14.2 34.6 33.1 17.9 38.6 76.6 123.6
Growth −74.8% −23.0% +107.7% +143.7% −4.4% −46.1% +116.2% +98.4% +61.4%
Liabilities
n/a n/a n/a n/a n/a n/a 15.7 10.2 0.0 n/a
calc n/a n/a n/a n/a n/a n/a 15.7 10.2 0.0 n/a
36.7 8.2 21.8 20.6 12.6 21.2 23.7 22.8 7.8 12.4
Equity
−279.2 −324.8 −344.1 −371.2 −395.3 −421.0 −457.5 −505.2 −531.5 −528.8
−1.5 0.7 −14.9 −6.4 22.1 12.0 −5.9 15.8 68.7 111.2
Growth −2,303.4% −45.9% −149.0% +335.7% +61.8%
Per share and net cash
calc n/a n/a n/a n/a n/a n/a −8.0 2.5 32.4 n/a
0.0 0.2 0.0 0.1 6.0 7.9 10.0 22.8 33.1 34.7
calc −126.81 2.97 −1,015.22 −94.75 3.68 1.51 −0.58 0.69 2.08 3.21

† The diluted share count jumps at 2018 and 2019 and 2020 and 2021 and 2023 and 2024, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how.