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AXOGEN, INC.

EDGAR

AXGN Quarterly report (10-Q) · filed 2026-10-28

Annual consolidated revenue for 2025: about USD 225.2M, using the latest reported figures. The previous period, 2024, was about USD 187.3M.

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Watchlist

Latest quarter

Revenue

75.8 million USD

2026 Q3 · USD

Exact inputs and evidence

Revenue: 75834000 USD Source

Operating margin

1.26%

2026 Q3 · %

Exact inputs and evidence

Operating Income: 955000 USD Source
Revenue: 75834000 USD Source

Operating cash flow

16.5 million USD

2026 Q3 · USD

Exact inputs and evidence

Operating Cash Flow: 25322000 USD Source
Operating Cash Flow: 8786000 USD Source

Free cash flow

15.1 million USD

2026 Q3 · USD

Exact inputs and evidence

Operating Cash Flow: 25322000 USD Source
Operating Cash Flow: 8786000 USD Source
Capital Expenditure: 5074000 USD Source
Capital Expenditure: 3682000 USD Source

Cash and cash equivalents: 329 million USD 2026-09-30 Source
Exact value

328888000 USD
Long-term debt including current maturities: 48.4 million USD 2025-12-31 Source
Exact value

48387000 USD
Shares outstanding: 59.7 million shares 2026-09-30 Source
Exact value

59724524 shares

Reported share-count change

29.51% · 13.6 million 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

46117283 shares · 2025-09-30· Source
59724524 shares · 2026-09-30· Source

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

Latest filing recorded: 2026-10-28.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 8 of 11 periods available· newest 2025-12-31
Operating income: 8 of 11 periods available· newest 2025-12-31
Net income: 8 of 11 periods available· newest 2025-12-31
Operating cash flow: 8 of 11 periods available· newest 2025-12-31
Capital expenditure: 8 of 11 periods available· newest 2025-12-31
Total assets: 7 of 11 periods available· newest 2025-12-31
Total liabilities: 7 of 11 periods available· newest 2025-12-31
Current assets: 7 of 11 periods available· newest 2025-12-31
Current liabilities: 7 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 7 of 11 periods available· newest 2025-12-31
Long-term debt including current maturities: 7 of 11 periods available· newest 2025-12-31
Shares outstanding: 7 of 11 periods available· newest 2025-12-31

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
+20.2%

Prior period

USD 187.34 million

2024-01-01 – 2024-12-31
Current period

USD 225.21 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

225208000 − 187338000 = 37870000 USD

187338000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
225208000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · AXOGEN, INC. · 2025-12-31 AXOGEN, INC. (edgar:805928) Year-over-year change in Revenue: 37870000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 225208000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1742659 Filing: 000080592826000031 Input fundies:Revenue: 187338000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1743591 Filing: 000080592826000031
The citation records this snapshot. The page link may show a newer release later.
Net income
−USD 5.74 million

Prior period

−USD 9.96 million

2024-01-01 – 2024-12-31
Current period

−USD 15.7 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-15703000 − -9964000 = -5739000 USD

-9964000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-15703000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · AXOGEN, INC. · 2025-12-31 AXOGEN, INC. (edgar:805928) Year-over-year change in Net income: -5739000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -15703000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1516473 Filing: 000080592826000031 Input fundies:NetIncome: -9964000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1517246 Filing: 000080592826000031
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-82.1%

Prior period

USD 4.54 million

2024-01-01 – 2024-12-31
Current period

USD 812,000

2025-01-01 – 2025-12-31

Exact inputs and evidence

812000 − 4535000 = -3723000 USD

4535000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
812000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · AXOGEN, INC. · 2025-12-31 AXOGEN, INC. (edgar:805928) Year-over-year change in Operating cash flow: -3723000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 812000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1129873 Filing: 000080592826000031 Input fundies:OperatingCashFlow: 4535000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1130491 Filing: 000080592826000031
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+20.8%

Prior period

USD 3.1 million

2024-01-01 – 2024-12-31
Current period

USD 3.75 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

3745000 − 3101000 = 644000 USD

3101000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
3745000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · AXOGEN, INC. · 2025-12-31 AXOGEN, INC. (edgar:805928) Year-over-year change in Capital expenditure: 644000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 3745000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1133080 Filing: 000080592826000031 Input fundies:CapitalExpenditure: 3101000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1133670 Filing: 000080592826000031
The citation records this snapshot. The page link may show a newer release later.

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.

2025 2025-01-01 – 2025-12-31

Revenue USD 225.21 million 100% of revenue
Operating costs Derived USD 233.06 million 103% of revenue
Operating income −USD 7.85 million −3.5% of revenue
Tax, interest and other Derived USD 7.85 million 3.5% of revenue
Net income −USD 15.7 million −7% of revenue

Cash

Operating cash flow USD 812,000 0.4% of revenue
Capital expenditure USD 3.75 million 1.7% of revenue
Free cash flow Derived −USD 2.93 million −1.3% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2018 Operating loss: operating costs were 124% of revenue.
2019 Operating loss: operating costs were 129% of revenue.
2020 Operating loss: operating costs were 121% of revenue.
2021 Operating loss: operating costs were 120% of revenue.
2022 Operating loss: operating costs were 121% of revenue.
2023 Operating loss: operating costs were 113% of revenue.
2024 Operating loss: operating costs were 102% of revenue.
2025 Operating loss: operating costs were 103% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2018 2018-01-01 – 2018-12-31	83937000	104437000 Derived	-20500000	1897000 Derived	-22397000	-24144000 Derived	Source 2018-01-01 – 2018-12-31: 83937000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: -20500000 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: -22397000 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: -17862000 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 6282000 USD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	106712000	138118000 Derived	-31406000	-2271000 Derived	-29135000	-24536000 Derived	Source 2019-01-01 – 2019-12-31: 106712000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: -31406000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: -29135000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: -19872000 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 4664000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	112300000	135482000 Derived	-23182000	604000 Derived	-23786000	-31531000 Derived	Source 2020-01-01 – 2020-12-31: 112300000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -23182000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -23786000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: -9626000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 21905000 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	127358000	152774000 Derived	-25416000	1569000 Derived	-26985000	-41216000 Derived	Source 2021-01-01 – 2021-12-31: 127358000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: -25416000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: -26985000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: -13405000 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 27811000 USD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	138584000	168291000 Derived	-29707000	-759000 Derived	-28948000	-36144000 Derived	Source 2022-01-01 – 2022-12-31: 138584000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: -29707000 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: -28948000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: -16066000 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 20078000 USD Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	159012000	180474000 Derived	-21462000	254000 Derived	-21716000	-19588000 Derived	Source 2023-01-01 – 2023-12-31: 159012000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: -21462000 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: -21716000 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: -5716000 USD Inspect Operating Cash Flow Open source 2023-01-01 – 2023-12-31: 13872000 USD Inspect Capital Expenditure Open source
2024 2024-01-01 – 2024-12-31	187338000	190625000 Derived	-3287000	6677000 Derived	-9964000	1434000 Derived	Source 2024-01-01 – 2024-12-31: 187338000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: -3287000 USD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: -9964000 USD Inspect Net Income Open source 2024-01-01 – 2024-12-31: 4535000 USD Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 3101000 USD Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	225208000	233057000 Derived	-7849000	7854000 Derived	-15703000	-2933000 Derived	Source 2025-01-01 – 2025-12-31: 225208000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: -7849000 USD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: -15703000 USD Inspect Net Income Open source 2025-01-01 – 2025-12-31: 812000 USD Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 3745000 USD Inspect Capital Expenditure Open 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 225.2M 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Revenue	83937000	Revenue: 83937000 Open source
20192019-12-31	Revenue	106712000	Revenue: 106712000 Open source
20202020-12-31	Revenue	112300000	Revenue: 112300000 Open source
20212021-12-31	Revenue	127358000	Revenue: 127358000 Open source
20222022-12-31	Revenue	138584000	Revenue: 138584000 Open source
20232023-12-31	Revenue	159012000	Revenue: 159012000 Open source
20242024-12-31	Revenue	187338000	Revenue: 187338000 Open source
20252025-12-31	Revenue	225208000	Revenue: 225208000 Open source

Revenue growth

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

20.2% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20182018-12-31	Year over year	No prior comparable period	Revenue: 83937000 Open source
20192019-12-31	Year over year	27.1%	Revenue: 106712000 Open source Revenue: 83937000 Open source
20202020-12-31	Year over year	5.2%	Revenue: 112300000 Open source Revenue: 106712000 Open source
20212021-12-31	Year over year	13.4%	Revenue: 127358000 Open source Revenue: 112300000 Open source
20222022-12-31	Year over year	8.8%	Revenue: 138584000 Open source Revenue: 127358000 Open source
20232023-12-31	Year over year	14.7%	Revenue: 159012000 Open source Revenue: 138584000 Open source
20242024-12-31	Year over year	17.8%	Revenue: 187338000 Open source Revenue: 159012000 Open source
20252025-12-31	Year over year	20.2%	Revenue: 225208000 Open source Revenue: 187338000 Open source

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 -3.5% 2025

Net margin -7% 2025

Free cash flow margin -1.3% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20182018-12-31	Operating margin	-24.4%	Operating Income: -20500000 Open source Revenue: 83937000 Open source
20192019-12-31	Operating margin	-29.4%	Operating Income: -31406000 Open source Revenue: 106712000 Open source
20202020-12-31	Operating margin	-20.6%	Operating Income: -23182000 Open source Revenue: 112300000 Open source
20212021-12-31	Operating margin	-20%	Operating Income: -25416000 Open source Revenue: 127358000 Open source
20222022-12-31	Operating margin	-21.4%	Operating Income: -29707000 Open source Revenue: 138584000 Open source
20232023-12-31	Operating margin	-13.5%	Operating Income: -21462000 Open source Revenue: 159012000 Open source
20242024-12-31	Operating margin	-1.8%	Operating Income: -3287000 Open source Revenue: 187338000 Open source
20252025-12-31	Operating margin	-3.5%	Operating Income: -7849000 Open source Revenue: 225208000 Open source
20182018-12-31	Net margin	-26.7%	Net Income: -22397000 Open source Revenue: 83937000 Open source
20192019-12-31	Net margin	-27.3%	Net Income: -29135000 Open source Revenue: 106712000 Open source
20202020-12-31	Net margin	-21.2%	Net Income: -23786000 Open source Revenue: 112300000 Open source
20212021-12-31	Net margin	-21.2%	Net Income: -26985000 Open source Revenue: 127358000 Open source
20222022-12-31	Net margin	-20.9%	Net Income: -28948000 Open source Revenue: 138584000 Open source
20232023-12-31	Net margin	-13.7%	Net Income: -21716000 Open source Revenue: 159012000 Open source
20242024-12-31	Net margin	-5.3%	Net Income: -9964000 Open source Revenue: 187338000 Open source
20252025-12-31	Net margin	-7%	Net Income: -15703000 Open source Revenue: 225208000 Open source
20182018-12-31	Free cash flow margin	-28.8%	Revenue: 83937000 Open source Operating Cash Flow: -17862000 Open source Capital Expenditure: 6282000 Open source
20192019-12-31	Free cash flow margin	-23%	Revenue: 106712000 Open source Operating Cash Flow: -19872000 Open source Capital Expenditure: 4664000 Open source
20202020-12-31	Free cash flow margin	-28.1%	Revenue: 112300000 Open source Operating Cash Flow: -9626000 Open source Capital Expenditure: 21905000 Open source
20212021-12-31	Free cash flow margin	-32.4%	Revenue: 127358000 Open source Operating Cash Flow: -13405000 Open source Capital Expenditure: 27811000 Open source
20222022-12-31	Free cash flow margin	-26.1%	Revenue: 138584000 Open source Operating Cash Flow: -16066000 Open source Capital Expenditure: 20078000 Open source
20232023-12-31	Free cash flow margin	-12.3%	Revenue: 159012000 Open source Operating Cash Flow: -5716000 Open source Capital Expenditure: 13872000 Open source
20242024-12-31	Free cash flow margin	0.8%	Revenue: 187338000 Open source Operating Cash Flow: 4535000 Open source Capital Expenditure: 3101000 Open source
20252025-12-31	Free cash flow margin	-1.3%	Revenue: 225208000 Open source Operating Cash Flow: 812000 Open source Capital Expenditure: 3745000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 812K 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Operating cash flow	-17862000	Operating Cash Flow: -17862000 Open source
20192019-12-31	Operating cash flow	-19872000	Operating Cash Flow: -19872000 Open source
20202020-12-31	Operating cash flow	-9626000	Operating Cash Flow: -9626000 Open source
20212021-12-31	Operating cash flow	-13405000	Operating Cash Flow: -13405000 Open source
20222022-12-31	Operating cash flow	-16066000	Operating Cash Flow: -16066000 Open source
20232023-12-31	Operating cash flow	-5716000	Operating Cash Flow: -5716000 Open source
20242024-12-31	Operating cash flow	4535000	Operating Cash Flow: 4535000 Open source
20252025-12-31	Operating cash flow	812000	Operating Cash Flow: 812000 Open source

Free cash flow

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

USD -2.9M 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Free cash flow	-24144000	Operating Cash Flow: -17862000 Open source Capital Expenditure: 6282000 Open source
20192019-12-31	Free cash flow	-24536000	Operating Cash Flow: -19872000 Open source Capital Expenditure: 4664000 Open source
20202020-12-31	Free cash flow	-31531000	Operating Cash Flow: -9626000 Open source Capital Expenditure: 21905000 Open source
20212021-12-31	Free cash flow	-41216000	Operating Cash Flow: -13405000 Open source Capital Expenditure: 27811000 Open source
20222022-12-31	Free cash flow	-36144000	Operating Cash Flow: -16066000 Open source Capital Expenditure: 20078000 Open source
20232023-12-31	Free cash flow	-19588000	Operating Cash Flow: -5716000 Open source Capital Expenditure: 13872000 Open source
20242024-12-31	Free cash flow	1434000	Operating Cash Flow: 4535000 Open source Capital Expenditure: 3101000 Open source
20252025-12-31	Free cash flow	-2933000	Operating Cash Flow: 812000 Open source Capital Expenditure: 3745000 Open source

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.

41.9% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2018-12-31	Liabilities / assets	Not reported	No source recorded
20192019-12-31	Liabilities / assets	14.5%	Total Liabilities: 22490000 Open source Total Assets: 154643000 Open source
20202020-12-31	Liabilities / assets	38.8%	Total Liabilities: 78232000 Open source Total Assets: 201381000 Open source
20212021-12-31	Liabilities / assets	45.9%	Total Liabilities: 95474000 Open source Total Assets: 208024000 Open source
20222022-12-31	Liabilities / assets	48.3%	Total Liabilities: 94388000 Open source Total Assets: 195387000 Open source
20232023-12-31	Liabilities / assets	51.4%	Total Liabilities: 101162000 Open source Total Assets: 196827000 Open source
20242024-12-31	Liabilities / assets	49%	Total Liabilities: 99821000 Open source Total Assets: 203728000 Open source
20252025-12-31	Liabilities / assets	41.9%	Total Liabilities: 92840000 Open source Total Assets: 221687000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

5.11× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2018-12-31	Current assets / current liabilities	Not reported	No source recorded
20192019-12-31	Current assets / current liabilities	6.47×	Current Assets: 135021000 Open source Current Liabilities: 20880000 Open source
20202020-12-31	Current assets / current liabilities	6.36×	Current Assets: 145251000 Open source Current Liabilities: 22831000 Open source
20212021-12-31	Current assets / current liabilities	5.23×	Current Assets: 127049000 Open source Current Liabilities: 24293000 Open source
20222022-12-31	Current assets / current liabilities	4.13×	Current Assets: 98075000 Open source Current Liabilities: 23753000 Open source
20232023-12-31	Current assets / current liabilities	2.89×	Current Assets: 88004000 Open source Current Liabilities: 30430000 Open source
20242024-12-31	Current assets / current liabilities	3.24×	Current Assets: 99217000 Open source Current Liabilities: 30610000 Open source
20252025-12-31	Current assets / current liabilities	5.11×	Current Assets: 120422000 Open source Current Liabilities: 23556000 Open source

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
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2018 2018-01-01 – 2018-12-31	−USD 22.4 million Exact value Exact value: -22397000 USD 2018-01-01 – 2018-12-31: -22397000 USD Inspect Net Income Open source Share or cite Citation for Net Income · AXOGEN, INC. · 2018-12-31 AXOGEN, INC. (edgar:805928) Net Income: -22397000 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: -22397000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592821000044/axgn-20201231.htm#1276197 Filing: 000080592821000044 The citation records this snapshot. The page link may show a newer release later.	−USD 17.86 million Exact value Exact value: -17862000 USD 2018-01-01 – 2018-12-31: -17862000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · AXOGEN, INC. · 2018-12-31 AXOGEN, INC. (edgar:805928) Operating Cash Flow: -17862000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -17862000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592821000044/axgn-20201231.htm#1339519 Filing: 000080592821000044 The citation records this snapshot. The page link may show a newer release later.	USD 6.28 million Exact value Exact value: 6282000 USD 2018-01-01 – 2018-12-31: 6282000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · AXOGEN, INC. · 2018-12-31 AXOGEN, INC. (edgar:805928) Capital Expenditure: 6282000 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 6282000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592821000044/axgn-20201231.htm#1343857 Filing: 000080592821000044 The citation records this snapshot. The page link may show a newer release later.	−USD 24.14 million Calculation and evidence -17862000 − 6282000 USD Exact free cash flow: -24144000 USD 2018-01-01 – 2018-12-31: -17862000 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 6282000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · AXOGEN, INC. · 2018-12-31 AXOGEN, INC. (edgar:805928) Free cash flow: -24144000 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -17862000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592821000044/axgn-20201231.htm#1339519 Filing: 000080592821000044 Input fundies:CapitalExpenditure: 6282000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592821000044/axgn-20201231.htm#1343857 Filing: 000080592821000044 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	−USD 29.14 million Exact value Exact value: -29135000 USD 2019-01-01 – 2019-12-31: -29135000 USD Inspect Net Income Open source Share or cite Citation for Net Income · AXOGEN, INC. · 2019-12-31 AXOGEN, INC. (edgar:805928) Net Income: -29135000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: -29135000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592822000026/axgn-20211231.htm#1148278 Filing: 000080592822000026 The citation records this snapshot. The page link may show a newer release later.	−USD 19.87 million Exact value Exact value: -19872000 USD 2019-01-01 – 2019-12-31: -19872000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · AXOGEN, INC. · 2019-12-31 AXOGEN, INC. (edgar:805928) Operating Cash Flow: -19872000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -19872000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592822000026/axgn-20211231.htm#1209164 Filing: 000080592822000026 The citation records this snapshot. The page link may show a newer release later.	USD 4.66 million Exact value Exact value: 4664000 USD 2019-01-01 – 2019-12-31: 4664000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · AXOGEN, INC. · 2019-12-31 AXOGEN, INC. (edgar:805928) Capital Expenditure: 4664000 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 4664000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592822000026/axgn-20211231.htm#1213524 Filing: 000080592822000026 The citation records this snapshot. The page link may show a newer release later.	−USD 24.54 million Calculation and evidence -19872000 − 4664000 USD Exact free cash flow: -24536000 USD 2019-01-01 – 2019-12-31: -19872000 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 4664000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · AXOGEN, INC. · 2019-12-31 AXOGEN, INC. (edgar:805928) Free cash flow: -24536000 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -19872000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592822000026/axgn-20211231.htm#1209164 Filing: 000080592822000026 Input fundies:CapitalExpenditure: 4664000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592822000026/axgn-20211231.htm#1213524 Filing: 000080592822000026 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	−USD 23.79 million Exact value Exact value: -23786000 USD 2020-01-01 – 2020-12-31: -23786000 USD Inspect Net Income Open source Share or cite Citation for Net Income · AXOGEN, INC. · 2020-12-31 AXOGEN, INC. (edgar:805928) Net Income: -23786000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -23786000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592823000020/axgn-20221231.htm#1799019 Filing: 000080592823000020 The citation records this snapshot. The page link may show a newer release later.	−USD 9.63 million Exact value Exact value: -9626000 USD 2020-01-01 – 2020-12-31: -9626000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · AXOGEN, INC. · 2020-12-31 AXOGEN, INC. (edgar:805928) Operating Cash Flow: -9626000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -9626000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592823000020/axgn-20221231.htm#1191319 Filing: 000080592823000020 The citation records this snapshot. The page link may show a newer release later.	USD 21.91 million Exact value Exact value: 21905000 USD 2020-01-01 – 2020-12-31: 21905000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · AXOGEN, INC. · 2020-12-31 AXOGEN, INC. (edgar:805928) Capital Expenditure: 21905000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 21905000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592823000020/axgn-20221231.htm#1195678 Filing: 000080592823000020 The citation records this snapshot. The page link may show a newer release later.	−USD 31.53 million Calculation and evidence -9626000 − 21905000 USD Exact free cash flow: -31531000 USD 2020-01-01 – 2020-12-31: -9626000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 21905000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · AXOGEN, INC. · 2020-12-31 AXOGEN, INC. (edgar:805928) Free cash flow: -31531000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -9626000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592823000020/axgn-20221231.htm#1191319 Filing: 000080592823000020 Input fundies:CapitalExpenditure: 21905000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592823000020/axgn-20221231.htm#1195678 Filing: 000080592823000020 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	−USD 26.99 million Exact value Exact value: -26985000 USD 2021-01-01 – 2021-12-31: -26985000 USD Inspect Net Income Open source Share or cite Citation for Net Income · AXOGEN, INC. · 2021-12-31 AXOGEN, INC. (edgar:805928) Net Income: -26985000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: -26985000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592824000028/axgn-20231231.htm#1570739 Filing: 000080592824000028 The citation records this snapshot. The page link may show a newer release later.	−USD 13.41 million Exact value Exact value: -13405000 USD 2021-01-01 – 2021-12-31: -13405000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · AXOGEN, INC. · 2021-12-31 AXOGEN, INC. (edgar:805928) Operating Cash Flow: -13405000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -13405000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592824000028/axgn-20231231.htm#1150914 Filing: 000080592824000028 The citation records this snapshot. The page link may show a newer release later.	USD 27.81 million Exact value Exact value: 27811000 USD 2021-01-01 – 2021-12-31: 27811000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · AXOGEN, INC. · 2021-12-31 AXOGEN, INC. (edgar:805928) Capital Expenditure: 27811000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 27811000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592824000028/axgn-20231231.htm#1154052 Filing: 000080592824000028 The citation records this snapshot. The page link may show a newer release later.	−USD 41.22 million Calculation and evidence -13405000 − 27811000 USD Exact free cash flow: -41216000 USD 2021-01-01 – 2021-12-31: -13405000 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 27811000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · AXOGEN, INC. · 2021-12-31 AXOGEN, INC. (edgar:805928) Free cash flow: -41216000 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -13405000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592824000028/axgn-20231231.htm#1150914 Filing: 000080592824000028 Input fundies:CapitalExpenditure: 27811000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592824000028/axgn-20231231.htm#1154052 Filing: 000080592824000028 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	−USD 28.95 million Exact value Exact value: -28948000 USD 2022-01-01 – 2022-12-31: -28948000 USD Inspect Net Income Open source Share or cite Citation for Net Income · AXOGEN, INC. · 2022-12-31 AXOGEN, INC. (edgar:805928) Net Income: -28948000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: -28948000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592825000017/axgn-20241231.htm#1596140 Filing: 000080592825000017 The citation records this snapshot. The page link may show a newer release later.	−USD 16.07 million Exact value Exact value: -16066000 USD 2022-01-01 – 2022-12-31: -16066000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · AXOGEN, INC. · 2022-12-31 AXOGEN, INC. (edgar:805928) Operating Cash Flow: -16066000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -16066000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592825000017/axgn-20241231.htm#1179208 Filing: 000080592825000017 The citation records this snapshot. The page link may show a newer release later.	USD 20.08 million Exact value Exact value: 20078000 USD 2022-01-01 – 2022-12-31: 20078000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · AXOGEN, INC. · 2022-12-31 AXOGEN, INC. (edgar:805928) Capital Expenditure: 20078000 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 20078000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592825000017/axgn-20241231.htm#1182345 Filing: 000080592825000017 The citation records this snapshot. The page link may show a newer release later.	−USD 36.14 million Calculation and evidence -16066000 − 20078000 USD Exact free cash flow: -36144000 USD 2022-01-01 – 2022-12-31: -16066000 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 20078000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · AXOGEN, INC. · 2022-12-31 AXOGEN, INC. (edgar:805928) Free cash flow: -36144000 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -16066000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592825000017/axgn-20241231.htm#1179208 Filing: 000080592825000017 Input fundies:CapitalExpenditure: 20078000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592825000017/axgn-20241231.htm#1182345 Filing: 000080592825000017 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	−USD 21.72 million Exact value Exact value: -21716000 USD 2023-01-01 – 2023-12-31: -21716000 USD Inspect Net Income Open source Share or cite Citation for Net Income · AXOGEN, INC. · 2023-12-31 AXOGEN, INC. (edgar:805928) Net Income: -21716000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: -21716000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1518018 Filing: 000080592826000031 The citation records this snapshot. The page link may show a newer release later.	−USD 5.72 million Exact value Exact value: -5716000 USD 2023-01-01 – 2023-12-31: -5716000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · AXOGEN, INC. · 2023-12-31 AXOGEN, INC. (edgar:805928) Operating Cash Flow: -5716000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -5716000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1131144 Filing: 000080592826000031 The citation records this snapshot. The page link may show a newer release later.	USD 13.87 million Exact value Exact value: 13872000 USD 2023-01-01 – 2023-12-31: 13872000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · AXOGEN, INC. · 2023-12-31 AXOGEN, INC. (edgar:805928) Capital Expenditure: 13872000 USD Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ACapitalExpenditure&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 13872000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1134260 Filing: 000080592826000031 The citation records this snapshot. The page link may show a newer release later.	−USD 19.59 million Calculation and evidence -5716000 − 13872000 USD Exact free cash flow: -19588000 USD 2023-01-01 – 2023-12-31: -5716000 USD · Inspect Operating Cash Flow · Source 2023-01-01 – 2023-12-31: 13872000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · AXOGEN, INC. · 2023-12-31 AXOGEN, INC. (edgar:805928) Free cash flow: -19588000 USD Concept: free-cash-flow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -5716000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1131144 Filing: 000080592826000031 Input fundies:CapitalExpenditure: 13872000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1134260 Filing: 000080592826000031 The citation records this snapshot. The page link may show a newer release later.
2024 2024-01-01 – 2024-12-31	−USD 9.96 million Exact value Exact value: -9964000 USD 2024-01-01 – 2024-12-31: -9964000 USD Inspect Net Income Open source Share or cite Citation for Net Income · AXOGEN, INC. · 2024-12-31 AXOGEN, INC. (edgar:805928) Net Income: -9964000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: -9964000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1517246 Filing: 000080592826000031 The citation records this snapshot. The page link may show a newer release later.	USD 4.54 million Exact value Exact value: 4535000 USD 2024-01-01 – 2024-12-31: 4535000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · AXOGEN, INC. · 2024-12-31 AXOGEN, INC. (edgar:805928) Operating Cash Flow: 4535000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 4535000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1130491 Filing: 000080592826000031 The citation records this snapshot. The page link may show a newer release later.	USD 3.1 million Exact value Exact value: 3101000 USD 2024-01-01 – 2024-12-31: 3101000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · AXOGEN, INC. · 2024-12-31 AXOGEN, INC. (edgar:805928) Capital Expenditure: 3101000 USD Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 3101000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1133670 Filing: 000080592826000031 The citation records this snapshot. The page link may show a newer release later.	USD 1.43 million Calculation and evidence 4535000 − 3101000 USD Exact free cash flow: 1434000 USD 2024-01-01 – 2024-12-31: 4535000 USD · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 3101000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · AXOGEN, INC. · 2024-12-31 AXOGEN, INC. (edgar:805928) Free cash flow: 1434000 USD Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 4535000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1130491 Filing: 000080592826000031 Input fundies:CapitalExpenditure: 3101000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1133670 Filing: 000080592826000031 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	−USD 15.7 million Exact value Exact value: -15703000 USD 2025-01-01 – 2025-12-31: -15703000 USD Inspect Net Income Open source Share or cite Citation for Net Income · AXOGEN, INC. · 2025-12-31 AXOGEN, INC. (edgar:805928) Net Income: -15703000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: -15703000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1516473 Filing: 000080592826000031 The citation records this snapshot. The page link may show a newer release later.	USD 812,000 Exact value Exact value: 812000 USD 2025-01-01 – 2025-12-31: 812000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · AXOGEN, INC. · 2025-12-31 AXOGEN, INC. (edgar:805928) Operating Cash Flow: 812000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 812000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1129873 Filing: 000080592826000031 The citation records this snapshot. The page link may show a newer release later.	USD 3.75 million Exact value Exact value: 3745000 USD 2025-01-01 – 2025-12-31: 3745000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · AXOGEN, INC. · 2025-12-31 AXOGEN, INC. (edgar:805928) Capital Expenditure: 3745000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 3745000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1133080 Filing: 000080592826000031 The citation records this snapshot. The page link may show a newer release later.	−USD 2.93 million Calculation and evidence 812000 − 3745000 USD Exact free cash flow: -2933000 USD 2025-01-01 – 2025-12-31: 812000 USD · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 3745000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · AXOGEN, INC. · 2025-12-31 AXOGEN, INC. (edgar:805928) Free cash flow: -2933000 USD Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/805928?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 812000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1129873 Filing: 000080592826000031 Input fundies:CapitalExpenditure: 3745000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/805928/000080592826000031/axgn-20251231.htm#1133080 Filing: 000080592826000031 The citation records this snapshot. The page link may show a newer release later.

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.

160 filings · 6,052 latest values · 6,052 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0000805928, 805928, AXGN, edgar:805928

Also known as AXOGEN, INC., AXOGEN, INC., AxoGen, Inc., Axogen, Inc., Axogen, Inc., LECTEC CORP /MN/

AXOGEN, INC.

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Reported share-count change

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation