Nanosonics (ASX:NAN) has spent close to two decades developing infection-prevention technology focused on automated high-level disinfection of ultrasound probes. The company has expanded beyond its core trophon platform, with CORIS representing an additional technology platform progressing through regulatory and commercial development stages.
The company’s focus remains on expanding its product portfolio while continuing to grow its existing installed base.
Latest Development
Nanosonics reported FY2026 results on 25 August 2026. Revenue increased 3% to A$203.9 million, while revenue at constant currency was A$211.5 million, representing growth compared with the prior period.
Gross Margin was 76.9%, compared with 78.2% previously, with the company attributing the movement to product mix and currency effects.
Reported Earnings before interest and tax declined 10% to A$16.0 million. At constant currency, EBIT was reported at A$21.6 million.
Company Overview
The company designs and manufactures infection-prevention technology, with products manufactured in Australia and sold across international markets.
Its core product, trophon, provides automated high-level disinfection for ultrasound probes. The Business model includes Capital equipment sales as well as Recurring Revenue from consumables and service activities linked to its installed base.
North America remains an important market for Nanosonics, and the company has been listed on the ASX since May 2007.
What Investors May Watch Next
The commercial rollout of CORIS remains an important area to monitor. Adoption rates and expansion into additional markets will provide insight into the platform’s contribution over time.
For trophon, investors may monitor the performance of the existing installed base, equipment upgrades, consumables Demand and service revenue.
Future updates on margins, operating costs and Investment levels will also provide visibility into the company’s earnings trajectory.
Risks
Capital equipment sales can be affected by healthcare spending decisions and hospital budget cycles.
The launch of new products involves regulatory, Manufacturing and customer adoption risks. Revenue contribution from new platforms may take time to develop.
The company is also exposed to currency movements due to its international operations, while competition within infection-prevention markets remains an ongoing factor.
Bottom Line
Nanosonics enters September 2026 with an established infection-prevention platform and continued development of additional products.
FY2026 results highlighted ongoing revenue generation from the existing business while the company continues investing in future growth opportunities.
The progress of CORIS, performance of the trophon platform and management of costs will remain key areas to monitor.


_11_13_2026_02_22_23_205137.jpg)



Please wait processing your request...