15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $225M | -$16M | 74.3% | -3.5% | -$3M | $48M | $36M |
| 2024 | $187M | -$10M | 75.8% | -1.8% | $1M | $47M | $28M |
| 2023 | $159M | -$22M | 76.6% | -13.5% | -$20M | $47M | $31M |
| 2022 | $139M | -$29M | 78.5% | -21.4% | -$36M | $46M | $15M |
| 2021 | $127M | -$27M | 82.0% | -20.0% | -$41M | $45M | $33M |
| 2020 | $112M | -$24M | 80.8% | -20.6% | -$32M | $32M | $49M |
| 2019 | $107M | -$29M | 83.7% | -29.4% | -$25M | $0 | $36M |
| 2018 | $84M | -$22M | 84.6% | -24.4% | -$24M | $63000 | $24M |
| 2017 | $60M | -$10M | 84.6% | -13.2% | -$10M | $21M | $37M |
| 2016 | $41M | -$14M | 84.3% | -19.8% | -$12M | $20M | $30M |
| 2015 | $27M | -$13M | 82.3% | -33.9% | -$13M | $25M | $26M |
| 2014 | $17M | -$18M | 79.5% | -58.3% | — | $25M | $8M |
| 2013 | $11M | -$15M | 77.7% | -87.6% | — | $25M | $20M |
| 2012 | $8M | -$9M | 74.5% | -101.4% | -$9M | $22M | $14M |
| 2011 | $5M | -$9M | 50.0% | -143.7% | -$7M | $5M | $8M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $61M | -$20M | 75.2% | -4.6% | -$1M | $0 | $83M |
| Dec '25 | $60M | -$13M | 74.1% | -16.3% | $2M | $48M | $36M |
| Sep '25 | $60M | $708000 | 76.6% | 3.2% | $2M | $48M | $24M |
| Jun '25 | $57M | $579000 | 74.2% | 3.0% | $7M | $48M | $20M |
| Mar '25 | $49M | -$4M | 71.9% | -3.4% | -$13M | $48M | $18M |
| Dec '24 | $49M | $450000 | 76.1% | 4.1% | $8M | $47M | $28M |
| Sep '24 | $49M | -$2M | 74.9% | -0.6% | $3M | $47M | $19M |
| Jun '24 | $48M | -$2M | 73.8% | -0.9% | $3M | $47M | $19M |
| Mar '24 | $41M | -$7M | 78.8% | -11.0% | -$13M | $47M | $16M |
| Dec '23 | $43M | -$4M | 74.6% | -7.4% | -$2M | $47M | $31M |
| Sep '23 | $41M | -$4M | 76.8% | -9.8% | -$2M | $46M | $31M |
| Jun '23 | $38M | -$7M | 77.7% | -18.1% | -$4M | $46M | $23M |
| Mar '23 | $37M | -$7M | 77.7% | -20.0% | -$12M | $46M | $8M |
| Dec '22 | $36M | -$5M | 83.0% | -15.5% | -$5M | $46M | $15M |
| Sep '22 | $37M | -$4M | 83.3% | -13.1% | -$5M | $45M | $14M |
| Jun '22 | $34M | -$8M | 81.8% | -23.0% | -$10M | $45M | $12M |
| Mar '22 | $31M | -$11M | 82.1% | -36.5% | -$16M | $45M | $15M |
| Dec '21 | $32M | -$5M | 82.8% | -17.0% | -$9M | $45M | $33M |
| Sep '21 | $31M | -$7M | 83.2% | -21.4% | -$10M | $46M | $47M |
| Jun '21 | $34M | -$8M | 78.9% | -21.3% | -$9M | $46M | $53M |
How the market has priced AXGN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Axogen, Inc.'s revenue has grown 14.9% per year. These are computed facts, not advice.
As of FY2025, Axogen, Inc. reported $48M of total debt against $36M of cash; operating income covered interest expense -1.0×.
In FY2025, gross margin was 74.3%, operating margin -3.5%, and net margin -7.0%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.