Axogen, Inc.
Axogen, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 83 | 36 | 24 | 20 | 18 | 28 | 19 | 19 | 16 | 31 | 31 | 23 | |||||
Restricted Cash | 2 | 4 | 4 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |||||
Short Term Investments | 19 | 6 | 12 | 10 | 4 | 6 | 6 | 2 | 2 | 0 | 1 | 11 | |||||
Accounts Receivable Net Current | 28 | 26 | 31 | 28 | 26 | 24 | 25 | 25 | 24 | 25 | 23 | 22 | |||||
Inventory Net | 46 | 42 | 41 | 37 | 36 | 33 | 29 | 28 | 28 | 23 | 23 | 21 | |||||
Prepaid Expense And Other Assets Current | 7 | 6 | 3 | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | |||||
Assets Current | 185 | 120 | 114 | 103 | 93 | 99 | 86 | 82 | 79 | 88 | 87 | 86 | |||||
Property Plant And Equipment And Finance Lease Rig… | 83 | 82 | 82 | 82 | 83 | 85 | 86 | 87 | 88 | 89 | 89 | 87 | |||||
Operating Lease Right Of Use Asset | 14 | 13 | 13 | 14 | 14 | 14 | 15 | 15 | 15 | 16 | 14 | 14 | |||||
Intangible Assets Net Excluding Goodwill | 7 | 7 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 4 | 4 | |||||
Other Assets Noncurrent | 0 | - | - | - | - | - | - | - | - | - | - | - | |||||
Assets | 289 | 222 | 216 | 205 | 196 | 204 | 192 | 189 | 187 | 197 | 195 | 192 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable And Accrued Liabilities Current | 24 | 21 | 26 | 23 | 20 | 29 | 21 | 22 | 21 | 29 | 26 | 23 | |||||
Liabilities Current | 26 | 24 | 28 | 25 | 22 | 31 | 23 | 23 | 23 | 30 | 27 | 24 | |||||
Long Term Debt Noncurrent | 0 | 48 | 48 | 48 | 48 | 47 | 47 | 47 | 47 | 47 | 46 | 46 | |||||
Derivative Liabilities Noncurrent | 0 | 4 | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 4 | 4 | |||||
Other Liabilities Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | - | - | |||||
Liabilities | 45 | 93 | 96 | 93 | 91 | 100 | 93 | 93 | 93 | 101 | 97 | 94 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 571 | 435 | 414 | 406 | 400 | 395 | 391 | 385 | 381 | 377 | 375 | 370 | |||||
Retained Earnings Accumulated Deficit | -327 | -307 | -294 | -295 | -295 | -291 | -292 | -290 | -288 | -281 | -277 | -273 | |||||
Stockholders Equity | 245 | 129 | 121 | 112 | 105 | 104 | 99 | 96 | 93 | 96 | 98 | 97 | |||||
Liabilities And Stockholders Equity | 289 | 222 | 216 | 205 | 196 | 204 | 192 | 189 | 187 | 197 | 195 | 192 | |||||
Allowance For Doubtful Accounts Receivable Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |||||
Common Stock Shares Issued | 53 | 47 | 46 | 46 | 46 | 44 | 44 | 44 | 44 | 43 | 43 | 43 | |||||
Shares Outstanding | 53 | 47 | 46 | 46 | 46 | 44 | 44 | 44 | 44 | 43 | 43 | 43 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.60% | 6.79% | -5.10% | - | - | - | - | - | - | - | - | - |
| 2025 | -13.50% | -16.60% | 6.20% | 17.64% | 25.07% | 32.43% | 20.76% | 43.73% | 39.42% | -5.29% | 18.46% | 26.12% |
| 2024 | 6.63% | 19.05% | 55.10% | 22.90% | 28.88% | 24.39% | 4.75% | 25.55% | 36.70% | -8.94% | -19.99% | -39.21% |
| 2023 | -5.15% | -2.04% | -8.69% | -5.55% | -25.04% | -44.08% | 27.88% | 26.95% | 77.14% | -10.23% | -26.25% | -30.26% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 7.10 | 5.11 | 4.09 | 4.14 | 4.28 | 3.24 | 3.74 | 3.51 | 3.43 | 2.89 | 3.28 | 3.60 | |||||
| Quick Ratio | 5.07 | 3.04 | 2.52 | 2.56 | 2.50 | 2.08 | 2.39 | 2.23 | 2.09 | 2.04 | 2.32 | 2.61 | |||||
| Working Capital | 158.70M | 96.87M | 86.45M | 78.44M | 71.33M | 68.61M | 63.22M | 58.85M | 55.73M | 57.57M | 60.79M | 62.24M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.18 | 0.72 | 0.79 | 0.83 | 0.86 | 0.96 | 0.93 | 0.97 | 1.00 | 1.06 | 0.99 | 0.97 | |||||
| Interest Coverage TTM | -1.47 | -1.02 | 0.51 | 0.22 | -0.05 | -0.40 | -1.03 | -1.70 | -3.63 | -7.57 | -23.16 | -93.23 | |||||
| Debt Ratio | 0.15 | 0.42 | 0.44 | 0.45 | 0.46 | 0.49 | 0.48 | 0.49 | 0.50 | 0.51 | 0.50 | 0.49 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.98 | 1.06 | 1.05 | 1.03 | 1.02 | 0.94 | 0.94 | 0.91 | 0.87 | 0.81 | 0.78 | 0.76 | |||||
| Days Sales Outstanding TTM | 41.86 | 40.74 | 47.09 | 47.75 | 47.39 | 47.98 | 48.33 | 49.15 | 51.82 | 54.32 | 53.49 | 51.74 | |||||
| Receivables Turnover TTM | 8.72 | 8.96 | 7.75 | 7.64 | 7.70 | 7.61 | 7.55 | 7.43 | 7.04 | 6.72 | 6.82 | 7.05 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.61 | -0.34 | -0.04 | -0.10 | -0.16 | -0.23 | -0.33 | -0.38 | -0.49 | -0.51 | -0.54 | -0.55 | |||||
| Free Cash Flow Per Share TTM | 0.18 | -0.06 | 0.07 | 0.11 | 0.03 | 0.03 | -0.19 | -0.31 | -0.49 | -0.46 | -0.54 | -0.61 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 75.01% | 74.31% | 74.76% | 74.27% | 74.18% | 75.79% | 75.43% | 75.91% | 76.96% | 76.64% | 78.73% | 80.40% | |||||
| Operating Profit Margin TTM | -3.79% | -3.49% | 1.84% | 0.84% | -0.20% | -1.75% | -4.70% | -7.04% | -11.41% | -13.50% | -15.68% | -16.70% | |||||
| Net Profit Margin TTM | -13.21% | -6.97% | -0.98% | -2.29% | -3.68% | -5.32% | -7.91% | -9.53% | -13.00% | -13.66% | -15.26% | -15.86% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 22.41% | 20.21% | 18.72% | 17.17% | 18.81% | 17.81% | 18.79% | 17.26% | 13.51% | 14.74% | 13.66% | 15.40% | |||||
| Net Income Growth (1Y) | 339.10% | 57.60% | -85.34% | -71.80% | -66.33% | -54.12% | -38.43% | -29.53% | -13.32% | -24.98% | -19.37% | -25.84% | |||||
| EPS Growth (1Y) | 284.74% | 51.46% | -86.17% | -73.24% | -67.80% | -55.55% | -39.64% | -30.90% | -14.65% | -26.37% | -20.87% | -27.34% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -54.34 | -95.98 | -395.55 | -107.18 | -116.75 | -73.20 | -43.00 | -19.14 | -16.40 | -13.49 | -9.26 | -16.68 | |||||
| P/B TTM | 6.98 | 11.70 | 6.87 | 4.45 | 7.94 | 7.02 | 6.19 | 3.31 | 3.75 | 3.06 | 2.20 | 4.03 | |||||
| P/S TTM | 7.18 | 6.69 | 3.86 | 2.46 | 4.30 | 3.89 | 3.40 | 1.82 | 2.13 | 1.84 | 1.41 | 2.65 | |||||
| Market Cap | 1.71B | 1.51B | 829.46M | 499.78M | 836.28M | 729.37M | 615.23M | 316.48M | 348.89M | 292.86M | 215.11M | 391.33M | |||||
| Enterprise Value | 1.62B | 1.52B | 849.72M | 521.69M | 859.90M | 743.31M | 637.84M | 338.34M | 374.00M | 302.44M | 224.39M | 408.02M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 9.28M | -2.93M | 3.34M | 4.94M | 1.19M | 1.43M | -8.31M | -13.67M | -21.05M | -19.59M | -23.17M | -26.17M | |||||
| Net Debt | -84.65M | 8.84M | 20.26M | 21.90M | 23.62M | 13.94M | 22.61M | 21.86M | 25.11M | 9.58M | 9.28M | 16.68M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
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| Net Profit Margin Growth (1Y) | |||||||||||||||||
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| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
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| Altman C | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
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| Treasury Stock to Equity | |||||||||||||||||
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| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| EV EBITDA TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
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| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Axogen, Inc. (AXGN) — SEC Financial Statements & Analysis
Axogen, Inc. (AXGN) is a electromedical & electrotherapeutic apparatus company, incorporated in MN. Axogen, Inc. trades on Nasdaq as: AXGN. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Axogen, Inc. reported a 22.41% year-over-year revenue growth, a Gross Profit Margin of 75.01% (TTM), a Debt-to-Equity ratio of 0.18x, a Price-to-Sales (P/S) ratio of 7.18x (TTM), a Price-to-Book (P/B) ratio of 6.98 (TTM), at a market cap of $1.71B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 22.41%
- Gross Profit Margin TTM
- 75.01%
- Debt To Equity
- 0.18x
- P/S TTM
- 7.18x
- P/B TTM
- 6.98
- Market Cap
- $1.71B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Axogen, Inc. in?
Axogen, Inc. (AXGN) operates in the Electromedical & Electrotherapeutic Apparatus industry.
What is AXGN's market cap?
Axogen, Inc. (AXGN) has a market capitalization of $1.71B as of 2026-03-31.
What exchange does AXGN trade on?
Axogen, Inc. (AXGN) trades on the Nasdaq.
Where is Axogen, Inc. incorporated?
Axogen, Inc. is incorporated in MN.