AXOGEN, INC. financials
Source: EDGAR filings · Built 2026-06-02T02:24:42Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -2.96M | 1.42M | -19.60M | -36.16M | -41.23M | -31.55M |
| EBITDA | -1.19M | 3.18M | -17.24M | -26.88M | -22.67M | -21.65M |
| Working Capital | 96.87M | 68.61M | 57.57M | 74.32M | 102.76M | 122.42M |
| Net Debt | 32.08M | 41.13M | 38.27M | 52.14M | 34.70M | 5.00M |
| Gross Margin | 74.31% | 75.79% | 76.64% | 78.51% | 81.99% | 80.78% |
| Operating Margin | -3.49% | -1.75% | -13.50% | -21.44% | -19.96% | -20.64% |
| Net Margin | -6.97% | -5.32% | -13.66% | -20.89% | -21.19% | -21.18% |
| Return on Equity (ROE) | -12.19% | -9.59% | -22.70% | -28.66% | -23.98% | -19.31% |
| Return on Assets (ROA) | -7.08% | -4.89% | -11.03% | -14.82% | -12.97% | -11.81% |
| Current Ratio | 5.11× | 3.24× | 2.89× | 4.13× | 5.23× | 6.36× |
| Debt-to-Equity | 0.52× | 0.66× | 0.72× | 0.67× | 0.60× | 0.44× |
| Cash Conversion Ratio | -0.05× | -0.46× | 0.26× | 0.56× | 0.50× | 0.40× |
| Accruals Ratio | -0.07× | -0.07× | -0.08× | -0.07× | -0.07× | -0.07× |
| SBC % of Revenue | 13.37% | 8.49% | 9.07% | 11.25% | 8.57% | 7.54% |
| CapEx Coverage | 0.21× | 1.46× | -0.41× | -0.80× | -0.48× | -0.44× |
| Free Cash Flow Per Share | $-0.06 | $0.03 | $-0.46 | $-0.86 | $-1.00 | $-0.79 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/FCF | — | 511.80× | — | — | — | — |
| FCF Yield | — | 0.20% | — | — | — | — |
| EV / EBITDA | — | 241.73× | — | — | — | — |
| P/S | 6.86× | 3.88× | 1.85× | 3.06× | 3.07× | 6.47× |
| P/B | 11.99× | 7.00× | 3.08× | 4.19× | 3.47× | 5.90× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 225.21M | 187.34M | 159.01M | 138.58M | 127.36M | 112.30M |
| Cost of Goods and Services Sold | 57.85M | 45.36M | 37.14M | 29.77M | 22.93M | 21.58M |
| Gross Profit | 167.35M | 141.98M | 121.87M | 108.81M | 104.43M | 90.72M |
| Research and Development Expense | 32.88M | 27.77M | 27.34M | 25.63M | 24.18M | 17.85M |
| Operating Income (Loss) | -7.85M | -3.29M | -21.46M | -29.71M | -25.42M | -23.18M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -15.70M | -9.96M | -21.72M | -28.95M | -26.98M | -23.79M |
| Earnings Per Share, Basic | $-0.34 | $-0.23 | $-0.51 | $-0.69 | $-0.65 | $-0.60 |
| Weighted Average Number of Shares Outstanding, Basic | 46.05M | 44.26M | 42.88M | 42.08M | 41.21M | 39.97M |
| Earnings Per Share, Diluted | $-0.34 | $-0.23 | $-0.51 | $-0.69 | $-0.65 | $-0.60 |
| Weighted Average Number of Shares Outstanding, Diluted | 46.05M | 44.26M | 42.88M | 42.08M | 41.21M | 39.97M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 35.55M | 27.55M | 31.02M | 15.28M | 32.76M | 48.77M |
| Assets, Current | 120.42M | 99.22M | 88.00M | 98.08M | 127.05M | 145.25M |
| Assets | 221.69M | 203.73M | 196.83M | 195.39M | 208.02M | 201.38M |
| Long-term Debt | 48.39M | 47.50M | 46.60M | 45.71M | 44.82M | 32.03M |
| Liabilities, Current | 23.56M | 30.61M | 30.43M | 23.75M | 24.29M | 22.83M |
| Long-term Debt, Excluding Current Maturities | 48.39M | 47.50M | 46.60M | 45.71M | 44.82M | 32.03M |
| Liabilities | 92.84M | 99.82M | 101.16M | 94.39M | 95.47M | 78.23M |
| Stockholders' Equity Attributable to Parent | 128.85M | 103.91M | 95.67M | 101.00M | 112.55M | 123.15M |
| Common Stock, Shares, Outstanding | 47.20M | 44.15M | 43.12M | 42.45M | 41.74M | 40.62M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 812.00K | 4.54M | -5.72M | -16.07M | -13.40M | -9.63M |
| Payments to Acquire Property, Plant, and Equipment | 3.75M | 3.10M | 13.87M | 20.08M | 27.81M | 21.91M |
| Net Cash Provided by (Used in) Investing Activities | -5.32M | -10.30M | 19.25M | -3.20M | -23.65M | -16.96M |
| Net Cash Provided by (Used in) Financing Activities | 10.50M | 2.29M | 1.95M | 1.79M | 20.45M | 40.47M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.23M | 1.77M | -4.74M | -6.43M | -13.44M | 8.06M |
| EBITDA | -1.23M | -8.14M | — | — | 67.00K | 3.65M |
| Working Capital | 158.69M | 96.87M | 86.45M | 78.44M | 71.33M | 68.61M |
| Net Debt | -62.01M | 32.08M | 44.01M | 48.15M | 50.35M | 41.13M |
| Gross Margin | 75.16% | 74.13% | 76.55% | 74.16% | 71.94% | 76.06% |
| Operating Margin | -4.61% | -16.31% | 3.18% | 2.95% | -3.42% | 4.08% |
| Net Margin | -31.87% | -21.96% | 1.18% | 1.02% | -7.90% | 0.91% |
| Return on Equity (ROE) | -8.00% | -10.21% | 0.59% | 0.52% | -3.64% | 0.43% |
| Return on Assets (ROA) | -6.76% | -5.93% | 0.33% | 0.28% | -1.95% | 0.22% |
| Current Ratio | 7.10× | 5.11× | 4.09× | 4.14× | 4.28× | 3.24× |
| Debt-to-Equity | 0.08× | 0.52× | 0.56× | 0.61× | 0.65× | 0.66× |
| Cash Conversion Ratio | -0.08× | -0.23× | -3.14× | -9.41× | 3.44× | 19.41× |
| Accruals Ratio | -0.07× | -0.07× | 0.01× | 0.03× | 0.05× | -0.04× |
| SBC % of Revenue | 11.13% | 27.73% | 22.47% | 14.25% | 5.99% | 6.23% |
| CapEx Coverage | 0.56× | 2.40× | -0.89× | -5.53× | -51.28× | 12.96× |
| Free Cash Flow Per Share | $-0.02 | $0.04 | $-0.10 | $-0.13 | $-0.30 | $0.18 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 61.46M | 59.90M | 60.08M | 56.66M | 48.56M | 49.41M |
| Cost of Goods and Services Sold | 15.27M | 15.49M | 14.09M | 14.64M | 13.63M | 11.83M |
| Gross Profit | 46.19M | 44.41M | 45.99M | 42.02M | 34.93M | 37.58M |
| Research and Development Expense | 7.52M | 12.38M | 7.57M | 6.85M | 6.09M | 6.70M |
| Operating Income (Loss) | -2.83M | -9.77M | 1.91M | 1.67M | -1.66M | 2.02M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -19.58M | -13.16M | 708.00K | 579.00K | -3.83M | 450.00K |
| Earnings Per Share, Basic | $-0.38 | $-0.28 | $0.02 | $0.01 | $-0.08 | $0.01 |
| Weighted Average Number of Shares Outstanding, Basic | 51.59M | 46.05M | 46.49M | 46.06M | 45.20M | 44.26M |
| Earnings Per Share, Diluted | $-0.38 | $-0.28 | $0.01 | $0.01 | $-0.08 | $0.01 |
| Weighted Average Number of Shares Outstanding, Diluted | 51.59M | 46.05M | 49.09M | 47.98M | 45.20M | 44.26M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 82.65M | 35.55M | 23.90M | 20.04M | 18.10M | 27.55M |
| Assets, Current | 184.71M | 120.42M | 114.46M | 103.42M | 93.07M | 99.22M |
| Assets | 289.49M | 221.69M | 216.40M | 205.45M | 196.16M | 203.73M |
| Long-term Debt | — | 48.39M | 48.16M | 47.94M | 47.72M | 47.50M |
| Liabilities, Current | 26.01M | 23.56M | 28.01M | 24.98M | 21.75M | 30.61M |
| Long-term Debt, Excluding Current Maturities | 0 | 48.39M | 48.16M | 47.94M | 47.72M | 47.50M |
| Liabilities | 44.68M | 92.84M | 95.59M | 93.18M | 90.80M | 99.82M |
| Stockholders' Equity Attributable to Parent | 244.81M | 128.85M | 120.81M | 112.28M | 105.36M | 103.91M |
| Common Stock, Shares, Outstanding | 53.15M | 47.20M | 46.12M | 45.77M | 45.51M | 44.15M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.56M | 3.04M | -2.23M | -5.45M | -13.18M | 8.73M |
| Payments to Acquire Property, Plant, and Equipment | 2.79M | 1.25M | 2.50M | 978.00K | 256.00K | 670.00K |
| Net Cash Provided by (Used in) Investing Activities | -15.96M | 4.04M | -9.36M | -5.61M | 1.34M | -813.00K |
| Net Cash Provided by (Used in) Financing Activities | 59.51M | 4.57M | 5.93M | 3.54M | 2.38M | 970.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (AXGN CIK 0000805928),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.