Modular Medical, Inc. (MODD) Financial Statements
Industry: Surgical & Medical Instruments & Apparatus
In fiscal 2026, Modular Medical reported revenue of $0. Net income was -$28.2M, or -$12.36 per diluted share. Operating activities generated -$23.8M of cash, leaving -$27.7M of free cash flow. At fiscal year end, Modular Medical held $14.8M in total assets against $1.9M in total liabilities, including $6.9M of cash and equivalents.
Open the full interactive Modular Medical financials → Quarterly statements, key ratios, valuation history and price charts.
Modular Medical Key Stats
| Share Price | $2.14 |
|---|---|
| Market Cap | $11.7M |
| 52-Week Range | $1.87 – $18.45 |
| Shares Outstanding | 5.5 million (basic, 2027 Q1) |
Modular Medical Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Income | -$7.3M | -$14.9M | -$13.9M | -$17.5M | -$19.0M | -$27.6M |
| Pre-Tax Income | -$7.4M | -$18.6M | -$13.9M | -$17.5M | -$18.8M | -$28.2M |
| Income Tax | $1,600 | $1,600 | $1,600 | $2,000 | $2,000 | $2,000 |
| Net Income | -$7.4M | -$18.6M | -$13.9M | -$17.5M | -$18.8M | -$28.2M |
| Diluted EPS | -$12.00 | — | -$38.40 | -$23.40 | -$15.30 | -$12.36 |
Modular Medical Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 |
| Net Income | -$7.8M | -$7.4M | -$6.4M | -$6.5M |
| Diluted EPS | -$4.20 | -$3.30 | -$2.80 | -$1.19 |
Modular Medical Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.5M | $9.1M | $3.8M | $9.2M | $13.1M | $6.9M |
| Current Assets | $1.6M | $9.4M | $4.0M | $9.7M | $13.5M | $7.5M |
| Total Assets | $2.2M | $9.8M | $7.2M | $13.8M | $18.7M | $14.8M |
| Current Liabilities | $3.3M | $969,699 | $979,305 | $1.5M | $1.3M | $1.9M |
| Total Liabilities | $3.5M | $1.0M | $2.2M | $2.3M | $1.7M | $1.9M |
| Shareholders' Equity | -$1.3M | $8.8M | $5.1M | $11.5M | $17.1M | $13.0M |
Modular Medical Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$5.9M | -$10.3M | -$11.0M | -$14.0M | -$15.7M | -$23.8M |
| Cash From Investing | -$109,669 | -$54,764 | -$1.6M | -$1.7M | -$2.5M | -$3.9M |
| Cash From Financing | $4.4M | $17.9M | $7.4M | $21.1M | $22.1M | $21.5M |
| Free Cash Flow | -$6.0M | -$10.3M | -$12.6M | -$15.7M | -$18.2M | -$27.7M |
Figures from Modular Medical's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Modular Medical financials page for every line item.
Modular Medical Company Profile
| Ticker | MODD |
|---|---|
| Exchange | Nasdaq |
| Industry | Surgical & Medical Instruments & Apparatus |
| Headquarters | San Diego, California |
| Incorporated in | Nevada |
| Fiscal Year End | March 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001074871 |
Frequently Asked Questions
What was Modular Medical's revenue in fiscal 2026?
Modular Medical (MODD) reported revenue of $0 for fiscal 2026.
What is Modular Medical's annual revenue history?
Modular Medical's annual revenue by fiscal year: 2021: $0; 2022: $0; 2023: $0; 2024: $0; 2025: $0; 2026: $0.
What was Modular Medical's net income in fiscal 2026?
Modular Medical reported net income of -$28.2M for fiscal 2026.
What was Modular Medical's earnings per share (EPS) in fiscal 2026?
Modular Medical's diluted EPS was -$12.36 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Modular Medical generate in fiscal 2026?
Modular Medical generated -$27.7M of free cash flow in fiscal 2026.
What was Modular Medical's revenue last quarter?
In its most recent reported quarter (2027 Q1), Modular Medical reported revenue of $0.
How many shares of Modular Medical are outstanding?
Modular Medical reported a weighted average of 5.5 million basic shares outstanding in 2027 Q1.
What is Modular Medical's market cap?
Based on its latest closing price, Modular Medical (MODD) has a market capitalization of about $11.7M.
When does Modular Medical's fiscal year end?
Modular Medical's fiscal year end, as registered with the SEC, is March 31.
Where is Modular Medical headquartered?
Modular Medical lists its business address in San Diego, California in its SEC filings.
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