AxoGen, Inc. (AXGN) quarterly income statement — complete revenue, gross profit & net income history
AxoGen, Inc. (AXGN) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 69.73M | 61.46M | 59.9M | 60.08M | 56.66M | 48.56M | 49.41M | 48.64M | 47.91M | 41.38M | 42.92M | 41.27M | 38.16M | 36.66M | 36.16M | 36.96M | 34.45M | 31.01M | 31.54M | 31.2M |
| Revenue Growth % | 23.06% | 26.56% | 21.25% | 23.51% | 18.26% | 17.36% | 15.1% | 17.86% | 25.57% | 12.86% | 18.69% | 11.67% | 10.74% | 18.24% | 14.67% | 18.44% | 2.6% | -0.1% | -2.95% | -6.65% |
| Cost of Goods Sold | 19.06M | 15.27M | 15.49M | 14.09M | 14.64M | 13.63M | 11.83M | 12.21M | 12.57M | 8.76M | 9.16M | 9.57M | 8.5M | 6.71M | 6.14M | 6.18M | 6.28M | 5.55M | 5.43M | 5.24M |
| COGS % of Revenue | 27.33% | 24.84% | 25.87% | 23.45% | 25.84% | 28.06% | 23.94% | 25.09% | 26.23% | 21.17% | 21.34% | 23.18% | 22.29% | 18.3% | 16.98% | 16.71% | 18.24% | 17.89% | 17.21% | 16.79% |
| Gross Profit | 50.67M | 46.19M | 44.41M | 45.99M | 42.02M | 34.93M | 37.58M | 36.44M | 35.34M | 32.62M | 33.76M | 31.7M | 29.65M | 29.95M | 30.02M | 30.78M | 28.17M | 25.46M | 26.11M | 25.96M |
| Gross Margin % | 72.67% | 75.16% | 74.13% | 76.55% | 74.16% | 71.94% | 76.06% | 74.91% | 73.77% | 78.83% | 78.66% | 76.82% | 77.71% | 81.7% | 83.02% | 83.29% | 81.76% | 82.11% | 82.79% | 83.21% |
| Gross Profit Growth % | 20.6% | 32.22% | 18.19% | 26.22% | 18.88% | 7.09% | 11.29% | 14.93% | 19.2% | 8.9% | 12.46% | 2.99% | 5.26% | 17.65% | 14.99% | 18.56% | 6.35% | -1.56% | -3.41% | -6.37% |
| Operating Expenses | 52.83M | 49.02M | 54.18M | 44.08M | 40.35M | 36.59M | 35.56M | 36.75M | 35.77M | 37.18M | 36.96M | 35.73M | 36.55M | 37.3M | 35.63M | 35.64M | 36.09M | 36.78M | 31.46M | 32.65M |
| OpEx % of Revenue | 75.76% | 79.76% | 90.45% | 73.37% | 71.2% | 75.36% | 71.97% | 75.56% | 74.66% | 89.85% | 86.11% | 86.57% | 95.8% | 101.72% | 98.53% | 96.43% | 104.76% | 118.62% | 99.76% | 104.65% |
| Selling, General & Admin | 44.24M | 41.5M | 41.8M | 36.52M | 33.49M | 30.5M | 28.85M | 29.76M | 29.11M | 29.77M | 29.66M | 29.04M | 29.41M | 30.62M | 28.82M | 28.59M | 29.07M | 30.51M | 25.16M | 26.25M |
| SG&A % of Revenue | 63.45% | 67.53% | 69.79% | 60.78% | 59.11% | 62.82% | 58.4% | 61.18% | 60.77% | 71.95% | 69.1% | 70.35% | 77.08% | 83.51% | 79.69% | 77.35% | 84.38% | 98.38% | 79.78% | 84.12% |
| Research & Development | 8.59M | 7.52M | 12.38M | 7.57M | 6.85M | 6.09M | 6.73M | 7M | 6.66M | 7.41M | 7.3M | 6.69M | 7.14M | 6.68M | 6.81M | 7.05M | 7.02M | 6.28M | 6.3M | 6.4M |
| R&D % of Revenue | 12.32% | 12.23% | 20.66% | 12.59% | 12.09% | 12.54% | 13.62% | 14.38% | 13.9% | 17.91% | 17.01% | 16.22% | 18.72% | 18.22% | 18.83% | 19.08% | 20.38% | 20.24% | 19.98% | 20.52% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | -27K | 0 | 0 | 0 | 0 | 0 | 0 | -81K | 0 | 0 | -33K | -7K | -141K | -6K |
| Operating Income | -2.16M | -2.83M | -9.77M | 1.91M | 1.67M | -1.66M | 2.02M | -316K | -428K | -4.56M | -3.19M | -4.03M | -6.9M | -7.34M | -5.61M | -4.86M | -7.92M | -11.32M | -5.35M | -6.69M |
| Operating Margin % | -3.09% | -4.61% | -16.31% | 3.18% | 2.95% | -3.42% | 4.08% | -0.65% | -0.89% | -11.02% | -7.44% | -9.75% | -18.09% | -20.02% | -15.51% | -13.14% | -23% | -36.51% | -16.97% | -21.44% |
| Operating Income Growth % | -228.95% | -70.5% | -584.48% | 705.06% | 490.65% | 63.57% | 163.15% | 92.15% | 93.8% | 37.88% | 43.05% | 17.1% | 12.9% | 35.15% | -4.76% | 27.42% | -10.76% | -81.99% | 0.39% | -540.1% |
| EBITDA | -2.16M | -707K | -6.83M | 3.64M | 3.49M | 221K | 3.93M | 1.65M | 1.63M | -2.66M | -1.34M | -2.62M | -5.85M | -6.1M | -4.44M | -3.58M | -6.72M | -10.12M | -4.24M | -5.53M |
| EBITDA Margin % | -3.09% | -1.15% | -11.41% | 6.06% | 6.16% | 0.46% | 7.96% | 3.39% | 3.41% | -6.44% | -3.12% | -6.34% | -15.34% | -16.63% | -12.27% | -9.69% | -19.49% | -32.64% | -13.44% | -17.71% |
| EBITDA Growth % | -161.74% | -419.91% | -273.78% | 120.86% | 113.97% | 108.3% | 393.21% | 163.01% | 127.88% | 56.32% | 69.78% | 26.92% | 12.83% | 39.75% | -4.74% | 35.19% | -11.71% | -106.49% | 1.47% | -3558.94% |
| D&A (Non-Cash Add-back) | 0 | 2.13M | 2.94M | 1.73M | 1.82M | 1.88M | 1.92M | 1.97M | 2.06M | 1.9M | 1.85M | 1.41M | 1.05M | 1.24M | 1.17M | 1.27M | 1.21M | 1.2M | 1.12M | 1.16M |
| EBIT | -2.16M | -18.89M | -11.44M | 10.92M | 2.56M | -1.58M | 2.25M | 35K | 264K | -4.31M | -2.05M | -3.26M | -6.51M | -7.06M | -5.42M | -4.26M | -7.49M | -11.12M | -5.36M | -6.72M |
| Net Interest Income | 785K | -694K | -1.72M | -9.99M | -1.75M | -2.25M | -1.8M | -1.89M | -2.19M | -2.33M | -1.84M | -827K | -148K | -16K | 397K | -61K | -249K | -354K | 71K | -417K |
| Interest Income | 786K | 0 | 0 | 225K | 225K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 397K | 0 | 0 | 0 | 71K | 0 |
| Interest Expense | 1K | 694K | 1.72M | 10.21M | 1.98M | 2.25M | 1.8M | 1.89M | 2.19M | 2.33M | 1.84M | 827K | 148K | 16K | 0 | 61K | 249K | 354K | 0 | 417K |
| Other Income/Expense | 640K | -16.75M | -3.38M | -1.2M | -1.09M | -2.17M | -1.57M | -1.54M | -1.49M | -2.08M | -699K | -64K | 242K | 267K | 193K | 537K | 184K | -155K | 67K | -452K |
| Pretax Income | -1.52M | -19.58M | -13.16M | 708K | 579K | -3.83M | 450K | -1.86M | -1.92M | -6.63M | -3.89M | -4.09M | -6.66M | -7.07M | -5.42M | -4.32M | -7.74M | -11.47M | -5.29M | -7.14M |
| Pretax Margin % | -2.17% | -31.87% | -21.96% | 1.18% | 1.02% | -7.9% | 0.91% | -3.82% | -4.01% | -16.04% | -9.07% | -9.91% | -17.46% | -19.29% | -14.97% | -11.68% | -22.46% | -37.01% | -16.76% | -22.88% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -1.52M | -19.58M | -13.16M | 708K | 579K | -3.83M | 450K | -1.86M | -1.92M | -6.63M | -3.89M | -4.09M | -6.66M | -7.07M | -5.42M | -4.32M | -7.74M | -11.47M | -5.29M | -7.14M |
| Net Margin % | -2.17% | -31.87% | -21.96% | 1.18% | 1.02% | -7.9% | 0.91% | -3.82% | -4.01% | -16.04% | -9.07% | -9.91% | -17.46% | -19.29% | -14.97% | -11.68% | -22.46% | -37.01% | -16.76% | -22.88% |
| Net Income Growth % | -361.83% | -410.8% | -3023.56% | 138.11% | 130.14% | 42.22% | 111.56% | 54.56% | 71.16% | 6.21% | 28.11% | 5.3% | 13.95% | 38.35% | -2.44% | 39.53% | 2% | -72.3% | 12.05% | -382.83% |
| Net Income (Continuing) | -1.52M | -19.58M | -13.16M | 708K | 579K | -3.83M | 450K | -1.86M | -1.92M | -6.63M | -3.89M | -4.09M | -6.66M | -7.07M | -5.42M | -4.32M | -7.74M | -11.47M | -5.29M | -7.14M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.03 | -0.38 | -0.28 | 0.01 | 0.01 | -0.08 | 0.01 | -0.04 | -0.04 | -0.15 | -0.09 | -0.10 | -0.16 | -0.17 | -0.12 | -0.09 | -0.18 | -0.27 | -0.13 | -0.17 |
| EPS Growth % | -347.93% | -348.11% | - | 134.04% | 127.56% | 43.47% | 110.4% | 55.47% | 72.56% | 11.76% | 24.67% | -9.45% | 11.11% | 37.04% | 7.69% | 48.94% | 5.26% | -68.75% | 13.33% | -360.7% |
| EPS (Basic) | -0.03 | -0.38 | -0.28 | 0.02 | 0.01 | -0.08 | 0.01 | -0.04 | -0.04 | -0.15 | -0.09 | -0.10 | -0.16 | -0.17 | -0.12 | -0.09 | -0.18 | -0.27 | -0.13 | -0.17 |
| Diluted Shares Outstanding | 53.34M | 51.59M | 46.93M | 45.91M | 45.61M | 45.2M | 48.06M | 43.88M | 43.71M | 43.23M | 43.05M | 43.02M | 42.86M | 42.57M | 42.31M | 42.22M | 41.99M | 41.8M | 41.47M | 41.47M |
| Basic Shares Outstanding | 53.34M | 51.59M | 46.93M | 45.91M | 45.61M | 45.2M | 44.88M | 43.88M | 43.71M | 43.23M | 43.05M | 43.02M | 42.86M | 41.61M | 42.31M | 42.22M | 41.99M | 41.8M | 41.47M | 41.47M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |