Axogen, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $69.7M | $61.5M | $59.9M | $60.1M | $56.7M | $48.6M | $49.4M | $48.6M |
| Cost of Revenue | $19.1M | $15.3M | $15.5M | $14.1M | $14.6M | $13.6M | $11.8M | $12.2M |
| Gross Profit | $50.7M | $46.2M | $44.4M | $46.0M | $42.0M | $34.9M | $37.6M | $36.4M |
| Gross Margin | 72.7% | 75.2% | 74.1% | 76.6% | 74.2% | 71.9% | 76.1% | 74.9% |
| Operating Expenses | ||||||||
| Research & Development | $8.6M | $7.5M | $12.4M | $7.6M | $6.9M | $6.1M | $6.7M | $7.0M |
| SG&A Expense | $13.4M | $12.9M | $14.6M | $10.8M | $9.7M | $9.5M | $8.8M | $10.8M |
| Operating Income | $-2.2M | $-2.8M | $-9.8M | $1.9M | $1.7M | $-1.7M | $2.0M | $-316.0K |
| Operating Margin | -3.1% | -4.6% | -16.3% | 3.2% | 3.0% | -3.4% | 4.1% | -0.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-1.5M | $-19.6M | $-13.2M | $708.0K | $579.0K | $-3.8M | $450.0K | $-1.9M |
| Net Margin | -2.2% | -31.9% | -22.0% | 1.2% | 1.0% | -7.9% | 0.9% | -3.8% |
| EPS (Basic) | $-0.03 | $-0.38 | $-0.29 | $0.02 | $0.01 | $-0.08 | $0.00 | $-0.04 |
| EPS (Diluted) | $-0.03 | $-0.38 | $-0.28 | $0.01 | $0.01 | $-0.08 | $0.00 | $-0.04 |
| Shares Outstanding (Basic) | 53.3M | 51.6M | 46.1M | 46.5M | 46.1M | 45.2M | 44.3M | 43.9M |
| Shares Outstanding (Diluted) | 53.3M | 51.6M | 46.1M | 49.1M | 48.0M | 45.2M | 44.3M | 43.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |