Private company
Eargo, Inc.
American orthopedic company, incorporated in Delaware.
Last updated Oct 18, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
38.3%Gross margin3
-300.0%Operating margin3
-422.8%Net margin3
16.0%Revenue growth, 20223
-156.2%Return on equity3
0.00×Debt to equity3
-$120.1MFree cash flow3
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue54¢$23.0M
- Research and development44¢$18.8M
- Interest1¢$549.0K
- Income tax0¢$100.0K
Out of $37.2M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenue | $23.2M4 | $32.8M5 | $69.2M3 | $32.1M3 | $37.2M3 | |
| Cost of revenue | $11.4M4 | $15.8M5 | $21.9M3 | $28.0M3 | $23.0M3 | |
| Gross profit | $11.7M4 | $17.0M5 | $47.3M3 | $4.2M3 | $14.3M3 | |
| Research and development | $9.5M4 | $12.8M5 | $12.0M3 | $25.2M3 | $18.8M3 | |
| Operating income | -$31.6M4 | -$44.0M5 | -$34.9M3 | -$156.7M3 | -$111.8M3 | |
| Interest | $424.0K4 | $711.0K5 | $1.9M3 | $1.1M3 | $549.0K3 | |
| Income tax | $04 | $05 | $03 | $03 | $100.0K3 | |
| Net income | -$33.8M4 | -$44.5M5 | -$39.9M3 | -$157.8M3 | -$157.5M3 | |
| Earnings per share | -$76.103 | -$81.113 | -$39.683 | |||
| Earnings per share (diluted) | -$76.103 | -$81.113 | -$39.683 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Cash | $51.1M4 | $13.4M4 | $212.2M5 | $110.5M3 | $101.2M3 | |
| Current assets | $19.9M4 | $222.5M5 | $139.6M3 | $116.0M3 | ||
| Total assets | $27.3M4 | $232.6M5 | $160.1M3 | $132.1M3 | ||
| Current liabilities | $22.3M4 | $23.7M5 | $72.4M3 | $25.3M3 | ||
| Long-term debt | $7.4M4 | $14.8M5 | $11.9M3 | $03 | ||
| Total liabilities | $30.5M4 | $38.7M5 | $90.9M3 | $31.2M3 | ||
| Shareholders’ equity | -$79.7M4 | -$113.0M5 | -$156.1M3 | $193.9M3 | $69.2M3 | $100.9M3 |
| Shares outstanding | 265.9K shares4 | 38.2M shares5 | 2.0M shares3 | 20.7M shares3 |
Leadership
Who has led Eargo, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
2025
- Chief executive officerWilliam Brownie Aug 17, 2023 to Feb 20, 20248
- Chief executive officerChristian Gormsen Oct 15, 2020 to May 18, 20239
- PresidentChristian Gormsen Oct 15, 2020 to May 18, 20239
- Chief financial officerMark Thorpe Feb 20, 2024 to Feb 20, 202410
- Chief financial officerAdam Laponis Oct 15, 2020 to Nov 22, 202311
- Chief operating officerWilliam Brownie Oct 15, 2020 to Feb 20, 202412
Board members and other officers (13)
- Chief Accounting OfficerMark Thorpe Jan 26, 2022 to Nov 30, 202313
- Board memberAfshin Justin Sabet-Peyman Dec 9, 2022 to Feb 20, 202414
- Board memberOnkarr Narula Dec 9, 2022 to Feb 20, 202415
- Board memberTrit Garg Dec 9, 2022 to Feb 20, 202416
- Board memberKatie J. Bayne Jun 11, 2021 to Feb 20, 202417
- Board memberA. Brooke Seawell Oct 15, 2020 to Oct 14, 202218
- Board memberBakker Juliet Tammenoms Oct 15, 2020 to May 19, 202119
- Board memberChristian Gormsen Oct 15, 2020 to May 18, 20239
- Board memberDouglas J. Hughes Oct 15, 2020 to Nov 25, 202220
- Board memberGeoff Pardo Oct 15, 2020 to May 4, 202121
- Board memberJoshua Makower Oct 15, 2020 to Oct 14, 202222
- Board memberNina Richardson Oct 15, 2020 to Aug 25, 202223
- Board memberPeter Bisgaard Oct 15, 2020 to Oct 22, 202024
Timeline
Filings
216 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 41 major events, 73 insider forms, 10 large holders, 83 other. The latest 20:
- Feb 26, 202415-12G EDGAR
- Feb 21, 2024S-8 POS EDGAR
- Feb 21, 2024S-8 POS EDGAR
- Feb 21, 2024S-8 POS EDGAR
- Feb 20, 20244 EDGAR
- Feb 20, 20244 EDGAR
- Feb 20, 20244 EDGAR
- Feb 20, 20244 EDGAR
- Feb 20, 20244 EDGAR
- Feb 20, 20244 EDGAR
- Feb 20, 20244 EDGAR
- Feb 20, 20244 EDGAR
- Feb 16, 2024RW EDGAR
- Feb 16, 2024SC 13D/A EDGAR
- Feb 16, 2024SC 13E3/A EDGAR
- Feb 16, 20248-K EDGAR
- Feb 14, 20248-K EDGAR
- Feb 7, 2024DEFA14A EDGAR
- Jan 16, 2024SC 13E3/A EDGAR
- Jan 16, 2024DEFM14A EDGAR
The 216 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 10 such filings since October 2021:
- Feb 16, 2024SC 13D/A
- Oct 30, 2023SC 13D/A
- Dec 16, 2022SC 13D/A
- Dec 12, 2022SC 13D/A
- Dec 7, 2022SC 13D/A
- Dec 5, 2022SC 13D
- Oct 13, 2022SC 13D/A
- Oct 11, 2022SC 13D/A
- Oct 6, 2022SC 13D/A
- Feb 11, 2022SC 13G/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGAREargo, Inc. filings on SEC EDGAR
- 2SEC EDGAREargo, Inc. filings on SEC EDGAR
- 3SEC EDGAREargo, Inc. 10-K for fiscal 2022
- 4SEC EDGAREargo, Inc. 10-K for fiscal 2018
- 5SEC EDGAREargo, Inc. 10-K for fiscal 2019
- 6SEC EDGAREargo, Inc. 10-Q for fiscal 2023
- 7SEC EDGAREargo, Inc. 10-Q for fiscal 2023
- 8
- 9
- 10SEC EDGARMark Thorpe, Chief financial officer
- 11
- 12
- 13
- 14
- 15SEC EDGAROnkarr Narula, Board member
- 16SEC EDGARTrit Garg, Board member
- 17SEC EDGARKatie J. Bayne, Board member
- 18SEC EDGARA. Brooke Seawell, Board member
- 19
- 20SEC EDGARDouglas J. Hughes, Board member
- 21SEC EDGARGeoff Pardo, Board member
- 22SEC EDGARJoshua Makower, Board member
- 23SEC EDGARNina Richardson, Board member
- 24SEC EDGARPeter Bisgaard, Board member