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Axogen, Inc.

AXGN

$46.44 ▲ +2.09 (+4.70%) at close

17 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

Axogen, Inc. faces fundamental challenges with weakness in Profit Margin (%) and Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $2.1B

Dividend Yield —

Revenue Growth 20.2% ↗

Op. Margin -3.5% ↘

ROIC -3.5% ↘

FCF / Share $-0.06 ↘

Trailing P/E —

Price / Book 17.0x

FCF Yield —

Debt / Equity 0.38

info Valuation on last close. End-of-day price, Aug 7, 2026.

17-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$225.21M

↑ +20.2% —

Net Income Profit after all expenses

$-15.70M

↓ -57.6% —

Operating Margin Operating profit as % of sales

-3.5%

↓ -98.6% 22th

FCF / Share Free cash flow per share

$-0.06

↓ -296.6% —

Long-Term Debt Long-term obligations

$48.39M

↑ +1.9% —

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Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns ↑

Financial Health →

Cash Quality ↓

Financial view

Statement lens

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Revenue Growth YoY (%)	20.2% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+153%)	17.8% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+123%)	14.7% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+84%)	8.8% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+10%)	13.4% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+68%)	5.2% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-35%)	27.1% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+239%)	38.9% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+386%)	47.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+487%)	50.4% Excellent → Excellent Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+530%)	62.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+681%)	53.6% Excellent → Excellent Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+570%)	42.3% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+429%)	58.6% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+633%)	61.4% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+668%)	—	—
EPS Growth YoY (%)	-47.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	54.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	26.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-6.2% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-8.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	—	—	—	—	—	—	—
Net Income Growth YoY (%)	-57.6% Weak ↓ Weak Declining Year-over-year change in net income	54.1% Excellent ↑ Excellent Improving Year-over-year change in net income	25.0% Good ↑ Good Improving Year-over-year change in net income	-7.3% Weak ↑ Weak Improving Year-over-year change in net income	-13.4% Weak ↑ Weak Improving Year-over-year change in net income	18.4% Good ↑ Good Improving Year-over-year change in net income	-30.1% Weak → Weak Stable Year-over-year change in net income	-114.4% Weak ↓ Weak Declining Year-over-year change in net income	27.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-7.9% Weak ↑ Weak Improving Year-over-year change in net income	24.6% Good ↑ Good Improving Year-over-year change in net income	-21.7% Weak ↑ Weak Improving Year-over-year change in net income	-54.6% Weak ↓ Weak Declining Year-over-year change in net income	-2.2% Weak Weak Year-over-year change in net income	-70.0% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	N/M	N/M	46.8% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	14.1% Fair Fair Year-over-year change in free cash flow	-26.8% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	17.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	13.7% Good ↑ Good Improving Compound annual revenue growth over 3 years	12.3% Good ↓ Good Declining Compound annual revenue growth over 3 years	9.1% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	14.9% Good ↓ Good Declining Compound annual revenue growth over 3 years	22.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	37.4% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	45.4% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	53.2% Excellent → Excellent Stable Compound annual revenue growth over 3 years	55.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	52.6% Excellent → Excellent Stable Compound annual revenue growth over 3 years	51.4% Excellent Excellent Compound annual revenue growth over 3 years	53.9% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	14.9% Excellent → Excellent Stable Compound annual revenue growth over 5 years	11.9% Good ↓ Good Declining Compound annual revenue growth over 5 years	13.6% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	18.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	25.4% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	32.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	44.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	50.3% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	51.0% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	53.3% Excellent Excellent Compound annual revenue growth over 5 years	55.5% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Operating Margin (%) (%)	-3.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-123%)	-1.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-112%)	-13.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-190%)	-21.4% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-243%)	-20.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-233%)	-20.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-238%)	-29.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-296%)	-24.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-263%)	-13.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-188%)	-19.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-232%)	-33.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-326%)	-58.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-489%)	-87.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-684%)	-101.4% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-776%)	-143.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1058%)	-149.2% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1094%)	—
Effective Tax Rate (%) (%)	—	—	—	—	—	—	—	—	—	—	—	—	0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—
Profit Margin (%) (%)	-7.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-158%)	-5.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-144%)	-13.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-214%)	-20.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-274%)	-21.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-277%)	-21.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-277%)	-27.3% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-328%)	-26.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-322%)	-17.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-244%)	-35.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-392%)	-48.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-507%)	-105.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-978%)	-133.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1208%)	-122.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1120%)	-190.1% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1684%)	-180.5% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1604%)	—
FCF Margin (%) (%)	-1.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	0.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-12.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-26.1% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-32.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-28.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-23.0% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-28.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-17.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-29.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	-113.2% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-146.4% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-131.3% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.19x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.14x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.90x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	1.25x Good → Good Stable Free cash flow relative to reported net income Optimal: > 1x	1.53x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.33x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.84x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	1.08x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.99x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.84x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—	—	—	0.92x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.77x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.73x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Return on Invested Capital (%)	-3.5% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-1.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-11.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-16.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-12.8% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-11.8% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-18.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-11.0% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-14.0% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-18.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-22.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-55.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-37.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-32.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-49.7% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	13.1% Good Good Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-3.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-1.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-10.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-15.2% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	-12.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-11.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-20.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-12.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-13.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-17.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-25.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-59.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-34.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-38.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-55.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	-70.0% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	-12.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-181%)	-9.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-164%)	-22.7% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-251%)	-28.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-291%)	-24.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-260%)	-19.3% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-229%)	-22.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-247%)	-15.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-202%)	-41.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-377%)	-96.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-744%)	-163.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1186%)	157.5% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+950%)	—	—	-151.8% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1112%)	20.0% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+33%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Debt to Equity (x)	0.38x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-37%)	0.46x Good → Good Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-24%)	0.49x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-19%)	0.45x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-25%)	0.40x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-34%)	0.26x Excellent → Excellent Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-57%)	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.79x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+31%)	1.36x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+126%)	3.01x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+402%)	-2.23x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-472%)	185.63x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+30839%)	-7.63x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-1371%)	0.82x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+37%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—
Interest Coverage (x)	-1.15x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-0.45x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-7.57x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-47.61x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-18.74x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-21.99x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-785.15x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-18.19x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-3.59x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-1.51x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-2.32x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-1.44x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-1.99x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-5.61x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-6.37x Weak Weak Operating income divided by interest expense Optimal: > 5x	-5.50x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$12.84M	$19.94M	$15.58M	$30.43M	$12.06M	$-16.74M	$-35.72M	$-24.26M	$-16.70M	$-9.75M	$-1.21M	$16.87M	$5.29M	$7.67M	$-3.19M	$-1.80M	$-282.80K
Debt / EBITDA (x)	-40.70x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	14.94x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-2.70x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.70x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.98x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.48x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.00x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-2.65x Excellent → Excellent Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-2.61x Excellent → Excellent Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-2.73x Excellent → Excellent Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-2.60x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-2.67x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-2.83x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.75x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Revenue per Share (USD)	$4.89	$4.23	$3.71	$3.29	$3.09	$2.81	—	—	—	—	—	—	—	—	—	—	—
Basic EPS, GAAP (USD)	$-0.34	$-0.23	$-0.51	$-0.69	$-0.65	$-0.60	—	—	—	—	—	—	—	—	—	—	—
Free Cash Flow per Share (USD)	$-0.06	$0.03	$-0.46	$-0.86	$-1.00	$-0.79	—	—	—	—	—	—	—	—	—	—	—
Book Value per Share (USD)	$2.73	$2.35	$2.22	$2.38	$2.70	$3.03	$3.34	$3.78	$0.73	$0.45	$0.27	$-0.58	$0.01	$-0.26	$0.55	$-22.49	—
Tangible Book Value per Share (USD)	$2.59	$2.23	$2.11	$2.29	$2.63	$2.98	$3.30	$3.78	$0.73	$0.45	$0.27	$-0.58	$0.01	$-0.26	$0.53	$-22.49	—
Basic Weighted Avg Shares (shares)	46.05M	44.26M	42.88M	42.08M	41.21M	39.97M	—	—	—	—	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Working Capital (USD)	$96.87M	$68.61M	$57.57M	$74.32M	$102.76M	$122.42M	$114.14M	$137.91M	$42.02M	$32.96M	$31.34M	$11.97M	$23.56M	$16.82M	$8.86M	$-4.12M	—
LT Debt (USD)	$48.39M	$47.50M	$46.60M	$45.71M	$44.82M	$32.03M	$0.00	$35.00K	$19.81M	$20.27M	$24.70M	$25.09M	$25.36M	$21.58M	$5.00M	$0.00	—
Total Equity (USD)	$128.85M	$103.91M	$95.67M	$101.00M	$112.55M	$123.15M	$132.15M	$146.98M	$25.18M	$14.92M	$8.20M	$-11.25M	$136.63K	$-2.83M	$6.07M	$-27.11M	$-28.64M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Sales/Revenue/Turnover (USD)	$225.21M	$187.34M	$159.01M	$138.58M	$127.36M	$112.30M	$106.71M	$83.94M	$60.43M	$41.11M	$27.33M	$16.82M	$10.95M	$7.69M	$4.85M	$3.00M	—
Depreciation Expense (USD)	$6.66M	$6.47M	$4.22M	$2.83M	$2.74M	$1.51M	$933.00K	$774.00K	$488.00K	$361.62K	$203.14K	$153.67K	$79.23K	$187.75K	$273.53K	$306.32K	—
Net Income, GAAP (USD)	$-15.70M	$-9.96M	$-21.72M	$-28.95M	$-26.98M	$-23.79M	$-29.14M	$-22.40M	$-10.45M	$-14.41M	$-13.36M	$-17.71M	$-14.56M	$-9.42M	$-9.22M	$-5.42M	—
Operating Cash Flow (USD)	$812.00K	$4.54M	$-5.72M	$-16.07M	$-13.40M	$-9.63M	$-19.87M	$-17.86M	$-9.24M	$-11.24M	—	—	—	$-8.66M	$-7.08M	$-3.94M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 17 years · 66 quarters

Axogen, Inc.

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17-Year Financial Trajectory

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