7 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 →
Growth & profitability
Revenue has grown 12.1% per year over the past 5 years.
Net income has grown slower than revenue (6.7% vs 12.1% per year).
Operating margin has expanded, at 9.5% in the latest year.
Free cash flow has grown 5.5% per year over the past 5 years.
Financial health
Total debt ($294M) exceeds cash ($51M); net debt is $243M.
Total debt has grown in line with revenue (9.3% vs 12.1% per year).
Total debt is 2.9× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$568M
$23M
68.3%
9.5%
12.3%
3.3%
$72M
$294M
$51M
2024
$573M
-$36M
67.7%
-2.7%
-24.4%
-5.0%
$38M
$336M
$42M
2023
$512M
-$156M
64.1%
-16.0%
-90.0%
-19.3%
$8M
$395M
$37M
2022
$512M
-$159M
64.6%
-32.7%
-48.8%
-11.6%
-$15M
$418M
$30M
2021
$431M
$19M
70.3%
2.8%
4.2%
1.6%
$9M
$358M
$44M
2020
$321M
$16M
72.7%
6.6%
—
3.3%
$55M
$188M
$87M
2019
$340M
$7M
73.3%
9.2%
—
—
$38M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$142M
$6M
68.2%
6.8%
2.5%
0.9%
$20M
$230M
$31M
Jun '26
$153M
$33M
69.0%
12.5%
14.6%
5.0%
$19M
$248M
$29M
Mar '26
$132M
$3M
68.7%
6.4%
1.6%
0.5%
$8M
$272M
$36M
Dec '25
$158M
$15M
68.9%
12.3%
8.0%
2.2%
$37M
$294M
$51M
Sep '25
$139M
$3M
68.0%
8.1%
1.9%
0.4%
$30M
$323M
$42M
Jun '25
$148M
$7M
69.1%
12.4%
4.6%
1.1%
$25M
$341M
$33M
Mar '25
$124M
-$3M
67.0%
3.9%
-1.8%
-0.4%
-$20M
$346M
$23M
Dec '24
$154M
-$388000
66.8%
5.0%
-0.3%
-0.1%
$19M
$336M
$42M
Sep '24
$139M
-$5M
67.3%
2.6%
-3.5%
-0.7%
$10M
$384M
$43M
Jun '24
$151M
-$26M
68.5%
-20.8%
-17.0%
-3.2%
$15M
$383M
$32M
Mar '24
$129M
-$5M
68.3%
3.8%
-2.9%
-0.6%
-$6M
$391M
$25M
Dec '23
$135M
-$6M
63.7%
0.9%
-3.5%
-0.8%
$10M
$395M
$37M
Sep '23
$121M
-$7M
65.3%
2.0%
-4.1%
-0.9%
-$10M
$395M
$27M
Jul '23
$137M
-$4M
65.0%
4.9%
-2.0%
-0.4%
$9M
$386M
$29M
Apr '23
$119M
-$139M
62.1%
-77.3%
-73.8%
-15.7%
-$1M
$446M
$47M
Dec '22
$126M
-$32M
59.0%
-12.4%
-9.8%
-2.3%
$2M
$418M
$30M
Oct '22
$129M
-$108M
65.7%
-98.6%
-31.5%
-7.7%
-$2M
$424M
$34M
Jul '22
$140M
-$7M
68.9%
-2.4%
-1.6%
-0.6%
$909000
$374M
$41M
Apr '22
$117M
-$11M
64.5%
-18.3%
-2.5%
-0.9%
-$24M
$368M
$27M
Dec '21
$130M
-$364000
67.3%
-2.4%
-0.1%
-0.0%
$10M
$358M
$44M
Valuation over time
How the market has priced BVS 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.
The price-to-earnings ratio has risen from 22.4× (Dec '25) to 32.1× (Nov '26).
The price-to-sales ratio has risen from 0.1× (Mar '23) to 1.3× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is BVS growing its revenue and profit?
Over the past 5 years, Bioventus Inc.'s revenue has grown 12.1% per year, and net income grown 6.7% per year.
How much debt does BVS have?
As of FY2025, Bioventus Inc. reported $294M of total debt against $51M of cash.
What is BVS's profit margin?
In FY2025, gross margin was 68.3%, operating margin 9.5%, and net margin 4.0%.
What is BVS's P/E ratio?
Bioventus Inc.'s P/E (TTM) is 12.75 as of the 2026-11-05 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the BVS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 32.1× as of Nov '26) can differ.
Where does this data come from?
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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing.