MiMedx Group, Inc. (MDXG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'21 |
|---|
| Sales/Revenue | 58.99M | 118.09M | 113.72M | 98.61M | 88.2M | 92.91M | 84.06M | 87.21M | 84.71M | 86.83M | 81.71M | 81.26M | 71.68M | 74.38M | 67.69M | 66.88M | 58.89M | 67.41M | 63.07M | 68.17M |
| Revenue Growth % | -33.12% | 27.11% | 35.3% | 13.07% | 4.13% | 7% | 2.87% | 7.32% | 18.18% | 16.75% | 20.72% | 21.49% | 21.7% | 10.33% | 7.32% | -1.88% | -1.79% | -1.66% | -1.91% | 27.06% |
| Cost of Goods Sold | 17.37M | 19.05M | 18.72M | 18.68M | 16.56M | 16.91M | 15.32M | 15.04M | 13.18M | 13.84M | 14.79M | 13.58M | 12.42M | 14.37M | 12.19M | 11.82M | 9.94M | 10.75M | 10.13M | 12.76M |
| COGS % of Revenue | 29.44% | 16.14% | 16.46% | 18.95% | 18.77% | 18.2% | 18.23% | 17.25% | 15.55% | 15.94% | 18.1% | 16.72% | 17.33% | 19.32% | 18.01% | 17.68% | 16.87% | 15.95% | 16.06% | 18.72% |
| Gross Profit | 41.62M | 99.04M | 95.01M | 79.92M | 71.65M | 76M | 68.73M | 72.16M | 71.53M | 72.99M | 66.92M | 67.67M | 59.26M | 60.01M | 55.5M | 55.06M | 48.96M | 56.66M | 52.95M | 55.41M |
| Gross Margin % | 70.56% | 83.86% | 83.54% | 81.05% | 81.23% | 81.8% | 81.77% | 82.75% | 84.45% | 84.06% | 81.9% | 83.28% | 82.67% | 80.68% | 81.99% | 82.32% | 83.13% | 84.05% | 83.94% | 81.28% |
| Gross Profit Growth % | -41.91% | 30.32% | 38.22% | 10.76% | 0.16% | 4.12% | 2.71% | 6.63% | 20.72% | 21.64% | 20.58% | 22.91% | 21.04% | 5.91% | 4.83% | -0.62% | -2.72% | -1.86% | -1.98% | 21.91% |
| Operating Expenses | 57.67M | 77.84M | 72.82M | 67.55M | 63.4M | 64.94M | 57.57M | 48.9M | 58.52M | 57.5M | 55.8M | 56.84M | 59.6M | 58.94M | 62.6M | 64.7M | 58.26M | 53.35M | 54.02M | 55.81M |
| OpEx % of Revenue | 97.76% | 65.91% | 64.03% | 68.51% | 71.87% | 69.9% | 68.49% | 56.08% | 69.09% | 66.22% | 68.29% | 69.94% | 83.15% | 79.25% | 92.49% | 96.73% | 98.92% | 79.15% | 85.65% | 81.88% |
| Selling, General & Admin | 53.23M | 73.07M | 69M | 64.15M | 59.97M | 61.09M | 54.16M | 45.7M | 55.44M | 54.88M | 52.53M | 52.97M | 55.92M | 49.95M | 56.48M | 59.01M | 52.12M | 48.55M | 49.46M | 51.54M |
| SG&A % of Revenue | 90.24% | 61.88% | 60.67% | 65.06% | 67.99% | 65.75% | 64.44% | 52.4% | 65.45% | 63.2% | 64.29% | 65.19% | 78.02% | 67.16% | 83.43% | 88.23% | 88.5% | 72.03% | 78.41% | 75.61% |
| Research & Development | 4.14M | 4.76M | 3.7M | 3.3M | 3.33M | 3.57M | 2.92M | 3.01M | 2.84M | 2.43M | 3.08M | 3.67M | 3.48M | 5.4M | 5.95M | 5.51M | 5.96M | 4.57M | 4.37M | 4.06M |
| R&D % of Revenue | 7.02% | 4.03% | 3.26% | 3.35% | 3.77% | 3.84% | 3.47% | 3.45% | 3.35% | 2.8% | 3.76% | 4.52% | 4.86% | 7.26% | 8.79% | 8.24% | 10.13% | 6.79% | 6.93% | 5.96% |
| Other Operating Expenses | 301K | 0 | 112K | 100K | 99K | 287K | 490K | 190K | 243K | 192K | 190K | 191K | 190K | 1000K | 175K | 173K | 172K | 226K | 193K | 215K |
| Operating Income | -16.05M | 21.08M | 22.19M | 12.37M | 8.25M | 11.05M | 11.16M | 23.45M | 13.2M | 15.49M | 11.12M | 10.84M | -340K | 1.07M | -7.1M | -9.64M | -9.3M | 3.3M | -1.07M | -410K |
| Operating Margin % | -27.21% | 17.85% | 19.51% | 12.54% | 9.35% | 11.9% | 13.28% | 26.89% | 15.58% | 17.84% | 13.61% | 13.34% | -0.47% | 1.43% | -10.49% | -14.41% | -15.79% | 4.9% | -1.7% | -0.6% |
| Operating Income Growth % | -294.51% | 90.66% | 98.8% | -47.25% | -37.48% | -28.64% | 0.34% | 116.35% | 3981.76% | 1351.73% | 256.61% | 212.48% | 96.34% | -67.68% | -560.74% | -2250.24% | -35.73% | 120.51% | 88.93% | 93% |
| EBITDA | -14.43M | 24.3M | 27.48M | 15.51M | 11.48M | 14.04M | 12.32M | 24.58M | 13.97M | 16.29M | 11.97M | 11.69M | 586K | 2.37M | -6.08M | -8.56M | -8.27M | 4.39M | 61K | 1.15M |
| EBITDA Margin % | -24.46% | 20.57% | 24.16% | 15.73% | 13.01% | 15.12% | 14.65% | 28.18% | 16.49% | 18.76% | 14.65% | 14.39% | 0.82% | 3.19% | -8.97% | -12.8% | -14.04% | 6.51% | 0.1% | 1.68% |
| EBITDA Growth % | -225.74% | 73% | 123.11% | -36.88% | -17.82% | -13.8% | 2.92% | 110.17% | 2283.45% | 586.6% | 296.99% | 236.63% | 107.09% | -45.95% | -10059.02% | -845.56% | -51.65% | 130.18% | 100.78% | 127.58% |
| D&A (Non-Cash Add-back) | 1.62M | 3.22M | 5.29M | 3.14M | 3.23M | 2.99M | 1.16M | 1.13M | 769K | 803K | 843K | 855K | 926K | 1.31M | 1.03M | 1.08M | 1.03M | 1.09M | 1.14M | 1.56M |
| EBIT | -16.05M | 22.2M | 23.63M | 12.37M | 8.25M | 11.15M | 11.46M | 23.45M | 13.25M | 15.49M | 11.12M | 10.84M | -340K | 1.06M | -7.1M | -9.64M | -9.3M | 3.35M | -1.07M | -410K |
| Net Interest Income | 886K | 904K | -785K | 738K | 506K | 403K | 278K | -3K | -1.69M | -1.59M | -1.68M | -1.63M | -1.55M | -1.45M | -1.27M | -1.17M | -1.13M | -1.17M | -963K | -1.37M |
| Interest Income | 886K | 1.31M | 0 | 1.21M | 984K | 2.93M | 278K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 405K | 785K | 475K | 478K | 2.53M | 0 | 3K | 1.69M | 1.59M | 1.68M | 1.63M | 1.55M | 1.45M | 1.27M | 1.17M | 1.13M | 1.17M | 963K | 1.37M |
| Other Income/Expense | 718K | 718K | 659K | 637K | 361K | 195K | 257K | -234K | -1.79M | -1.58M | -1.69M | -1.66M | -1.55M | -1.45M | -1.27M | -1.17M | -1.13M | -1.19M | -963K | -1.37M |
| Pretax Income | -15.33M | 21.8M | 22.85M | 13.01M | 8.61M | 11.25M | 11.42M | 23.22M | 11.41M | 13.91M | 9.43M | 9.18M | -1.89M | -386K | -8.37M | -10.81M | -10.43M | 2.11M | -2.04M | -1.78M |
| Pretax Margin % | -25.99% | 18.46% | 20.09% | 13.19% | 9.76% | 12.11% | 13.58% | 26.62% | 13.47% | 16.02% | 11.54% | 11.29% | -2.64% | -0.52% | -12.37% | -16.16% | -17.7% | 3.13% | -3.23% | -2.62% |
| Income Tax | -4.47M | 6.61M | 6.1M | 3.39M | 1.59M | 3.81M | 3.54M | 5.59M | 2.35M | -37.38M | 591K | -74K | 51K | 28K | 53K | 62K | 63K | -108K | 301K | -5K |
| Effective Tax Rate % | 29.16% | 30.31% | 26.7% | 26.06% | 18.45% | 33.88% | 31.01% | 24.1% | 20.58% | -268.63% | 6.27% | -0.81% | -2.7% | -7.25% | -0.63% | -0.57% | -0.6% | -5.13% | -14.77% | 0.28% |
| Net Income | -10.86M | 15.19M | 16.75M | 9.62M | 7.02M | 7.44M | 8.1M | 17.63M | 9.26M | 53.48M | 8.53M | 1.2M | -4.98M | -415K | -8.43M | -10.87M | -10.49M | 2.21M | -2.34M | -1.78M |
| Net Margin % | -18.41% | 12.86% | 14.73% | 9.75% | 7.96% | 8.01% | 9.63% | 20.21% | 10.93% | 61.59% | 10.44% | 1.48% | -6.95% | -0.56% | -12.45% | -16.25% | -17.81% | 3.29% | -3.71% | -2.61% |
| Net Income Growth % | -254.63% | 104.21% | 106.89% | -45.43% | -24.17% | -86.09% | -5.14% | 1368.75% | 285.85% | 12985.78% | 201.28% | 111.04% | 52.49% | -118.74% | -260.24% | -510.9% | -25.14% | 113.36% | 87.95% | 78.99% |
| Net Income (Continuing) | -10.86M | 15.19M | 16.75M | 9.62M | 7.02M | 7.44M | 7.88M | 17.62M | 9.06M | 51.29M | 8.84M | 9.25M | -1.94M | -414K | -8.43M | -10.87M | -10.49M | 2.21M | -2.34M | -1.78M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 217K | 4K | 200K | 1000K | -308K | -1000K | -1000K | 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) | -0.07 | 0.10 | 0.11 | 0.06 | 0.05 | 0.05 | 0.05 | 0.12 | 0.06 | 0.35 | 0.06 | -0.00 | -0.04 | -0.00 | -0.07 | -0.10 | -0.09 | 0.01 | -0.02 | -0.02 |
| EPS Growth % | -240% | 100.8% | 101.47% | -46.33% | -18.96% | -85.77% | -3.7% | - | 241.51% | - | 176.31% | 95.22% | 53.62% | -137% | -252.13% | -498.14% | -22.72% | 106.67% | 88.28% | 79.44% |
| EPS (Basic) | -0.07 | 0.10 | 0.11 | 0.07 | 0.05 | 0.05 | 0.06 | 0.12 | 0.06 | 0.43 | 0.06 | -0.00 | -0.04 | -0.00 | -0.08 | -0.10 | -0.10 | 0.01 | -0.02 | -0.02 |
| Diluted Shares Outstanding | 148.45M | 149.72M | 149.71M | 149.32M | 149.68M | 149.05M | 148.37M | 148.9M | 150.03M | 148.08M | 119.33M | 115.87M | 114.4M | 113.68M | 113.45M | 112.87M | 111.62M | 113.18M | 110.72M | 110.28M |
| Basic Shares Outstanding | 148.45M | 147.79M | 148.04M | 147.76M | 147.27M | 146.98M | 146.96M | 147.33M | 146.4M | 119.37M | 116.3M | 115.87M | 114.4M | 113.68M | 112.18M | 112.87M | 109.77M | 111M | 110.72M | 109.2M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |