AvidXchange Holdings, Inc.

EDGAR

Annual consolidated revenue for 2024: about USD 438.9M, using the latest reported figures. The previous period, 2023, was about USD 380.7M.

Watchlist

Latest quarter

Revenue

111 million USD

2025 Q2 · USD

Exact inputs and evidence

Operating margin

-11.22%

2025 Q2 · %

Exact inputs and evidence
  • Operating Income: -12411000 USD Source
  • Revenue: 110570000 USD Source

Operating cash flow

23.2 million USD

2025 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 30606000 USD Source
  • Operating Cash Flow: 7396000 USD Source
Cash and cash equivalents
336 million USD Source
Exact value

335773000 USD

Long-term debt including current maturities
9.1 million USD Derived
Exact inputs and evidence

9100000 USD

Calculated as noncurrent long-term debt plus its current portion.

  • Current portion of long-term debt: 4800000 USD Source
  • Long-term debt: 4300000 USD Source
Shares outstanding
208 million shares Source
Exact value

207695309 shares

Reported share-count change

-0.06% · -125 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 207819898 shares · 2024-06-30· Source
  • 207695309 shares · 2025-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

447 million USD

2024-07-01 – 2025-06-30

Exact inputs and evidence
  • Revenue: 112772000 USD · 2024-07-01 – 2024-09-30 Source
  • Revenue: 438940000 USD · 2024-01-01 – 2024-12-31 Source
  • Revenue: 323502000 USD · 2024-01-01 – 2024-09-30 Source
  • Revenue: 107942000 USD · 2025-01-01 – 2025-03-31 Source
  • Revenue: 110570000 USD · 2025-04-01 – 2025-06-30 Source

Operating cash flow

83.6 million USD

2024-07-01 – 2025-06-30

Exact inputs and evidence
  • Operating cash flow: 43482000 USD · 2024-01-01 – 2024-09-30 Source
  • Operating cash flow: 18928000 USD · 2024-01-01 – 2024-06-30 Source
  • Operating cash flow: 71934000 USD · 2024-01-01 – 2024-12-31 Source
  • Operating cash flow: 43482000 USD · 2024-01-01 – 2024-09-30 Source
  • Operating cash flow: 7396000 USD · 2025-01-01 – 2025-03-31 Source
  • Operating cash flow: 30606000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 7396000 USD · 2025-01-01 – 2025-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2025-08-07.

Financial data available through: 2024-12-31.

Coverage by financial measure
  • Revenue: 6 of 11 periods available· newest 2024-12-31
  • Operating income: 6 of 11 periods available· newest 2024-12-31
  • Net income: 6 of 11 periods available· newest 2024-12-31
  • Operating cash flow: 6 of 11 periods available· newest 2024-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 5 of 11 periods available· newest 2024-12-31
  • Total liabilities: 5 of 11 periods available· newest 2024-12-31
  • Current assets: 5 of 11 periods available· newest 2024-12-31
  • Current liabilities: 5 of 11 periods available· newest 2024-12-31
  • Cash and cash equivalents: 5 of 11 periods available· newest 2024-12-31
  • Long-term debt including current maturities: 5 of 11 periods available· newest 2024-12-31
  • Shares outstanding: 5 of 11 periods available· newest 2024-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +15.3%

    Prior period

    USD 380.72 million

    –

    Current period

    USD 438.94 million

    –

    Exact inputs and evidence

    438940000 − 380720000 = 58220000 USD

    380720000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    438940000 USD · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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  • Net income

    +USD 55.47 million

    Prior period

    −USD 47.33 million

    –

    Current period

    USD 8.15 million

    –

    Exact inputs and evidence

    8145000 − -47325000 = 55470000 USD

    -47325000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    8145000 USD · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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  • Operating cash flow

    +751.2%

    Prior period

    USD 8.45 million

    –

    Current period

    USD 71.93 million

    –

    Exact inputs and evidence

    71934000 − 8451000 = 63483000 USD

    8451000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    71934000 USD · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2024 2024-01-01 – 2024-12-31

  • Revenue USD 438.94 million 100% of revenue
  • Operating costs Derived USD 441.52 million 101% of revenue
  • Operating income −USD 2.58 million −0.6% of revenue
  • Tax, interest and other Derived −USD 10.72 million −2.4% of revenue
  • Net income USD 8.15 million 1.9% of revenue

Cash

  • Operating cash flow USD 71.93 million 16% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2019 Operating loss: operating costs were 152% of revenue.
  • 2020 Operating loss: operating costs were 140% of revenue.
  • 2021 Operating loss: operating costs were 144% of revenue.
  • 2022 Operating loss: operating costs were 128% of revenue.
  • 2023 Operating loss: operating costs were 114% of revenue.
  • 2024 Operating loss: operating costs were 101% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2019 2019-01-01 – 2019-12-31149584000 226639000 Derived -77055000 16491000 Derived -93546000 Unavailable
Source
2020 2020-01-01 – 2020-12-31185928000 260998000 Derived -75070000 26176000 Derived -101246000 Unavailable
Source
2021 2021-01-01 – 2021-12-31248409000 357143000 Derived -108734000 90915000 Derived -199649000 Unavailable
Source
2022 2022-01-01 – 2022-12-31316350000 403728000 Derived -87378000 13906000 Derived -101284000 Unavailable
Source
2023 2023-01-01 – 2023-12-31380720000 434221000 Derived -53501000 -6176000 Derived -47325000 Unavailable
Source
2024 2024-01-01 – 2024-12-31438940000 441516000 Derived -2576000 -10721000 Derived 8145000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 438.9M 2024
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.474.1M355.5M237.0M118.5M0.0201920222024
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Revenue149584000
2020Revenue185928000
2021Revenue248409000
2022Revenue316350000
2023Revenue380720000
2024Revenue438940000

Revenue growth

Change in revenue from the same financial period one year earlier.

15.3% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.36.3%27.2%18.1%9.1%0.0%201920222024
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2019Year over yearNo prior comparable period
2020Year over year24.3%
2021Year over year33.6%
2022Year over year27.4%
2023Year over year20.3%
2024Year over year15.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -0.6% 2024
Net margin 1.9% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.8%-15%-39%-63%-87%201920222024
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2019Operating margin-51.5%
2020Operating margin-40.4%
2021Operating margin-43.8%
2022Operating margin-27.6%
2023Operating margin-14.1%
2024Operating margin-0.6%
2019Net margin-62.5%
2020Net margin-54.5%
2021Net margin-80.4%
2022Net margin-32%
2023Net margin-12.4%
2024Net margin1.9%
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 71.9M 2024
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.83.2M42.4M1.6M-39.1M-79.9M201920222024
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Operating cash flow-61791000
2020Operating cash flow-44129000
2021Operating cash flow-68667000
2022Operating cash flow-28701000
2023Operating cash flow8451000
2024Operating cash flow71934000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

67.9% 2024
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.79%60%40%20%0%2019-12-3120222024
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2019-12-31Liabilities / assetsNot reportedNo source recorded
2020Liabilities / assets55.7%
2021Liabilities / assets68.1%
2022Liabilities / assets70.3%
2023Liabilities / assets73.6%
2024Liabilities / assets67.9%

Current assets to current liabilities

Current assets divided by current liabilities.

1.29× 2024
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.19×1.64×1.10×0.55×0.00×2019-12-3120222024
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020Current assets / current liabilities2.03×
2021Current assets / current liabilities1.39×
2022Current assets / current liabilities1.3×
2023Current assets / current liabilities1.25×
2024Current assets / current liabilities1.29×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2019 2019-01-01 – 2019-12-31
−USD 93.55 million
Exact value

Exact value: -93546000 USD

2019-01-01 – 2019-12-31: -93546000 USD Inspect Net Income Open source
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−USD 61.79 million
Exact value

Exact value: -61791000 USD

2019-01-01 – 2019-12-31: -61791000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
−USD 101.25 million
Exact value

Exact value: -101246000 USD

2020-01-01 – 2020-12-31: -101246000 USD Inspect Net Income Open source
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−USD 44.13 million
Exact value

Exact value: -44129000 USD

2020-01-01 – 2020-12-31: -44129000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
−USD 199.65 million
Exact value

Exact value: -199649000 USD

2021-01-01 – 2021-12-31: -199649000 USD Inspect Net Income Open source
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−USD 68.67 million
Exact value

Exact value: -68667000 USD

2021-01-01 – 2021-12-31: -68667000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
−USD 101.28 million
Exact value

Exact value: -101284000 USD

2022-01-01 – 2022-12-31: -101284000 USD Inspect Net Income Open source
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−USD 28.7 million
Exact value

Exact value: -28701000 USD

2022-01-01 – 2022-12-31: -28701000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
−USD 47.33 million
Exact value

Exact value: -47325000 USD

2023-01-01 – 2023-12-31: -47325000 USD Inspect Net Income Open source
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USD 8.45 million
Exact value

Exact value: 8451000 USD

2023-01-01 – 2023-12-31: 8451000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 8.15 million
Exact value

Exact value: 8145000 USD

2024-01-01 – 2024-12-31: 8145000 USD Inspect Net Income Open source
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USD 71.93 million
Exact value

Exact value: 71934000 USD

2024-01-01 – 2024-12-31: 71934000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

25 filings · 1,405 latest values · 1,405 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001858257, 1858257, AVDX, edgar:1858257

Also known as AvidXchange Holdings, Inc.