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Avanos Medical AVNS Acquired in-process research and development

Acquired in-process research and development at other companies

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Other financials

Income statement

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Revenue$182.2M+8.8%
Gross profit$94.2M+4.9%
Operating income$8.9M-13.6%
Net income$5.1M-22.7%
EPS (diluted)$0.11-21.4%

Balance sheet

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Cash & equivalents$65.6M-32.4%
Total debt$138.4M-1.8%
Total equity$782.1M-6.8%
Total assets$1.1B-5.2%

Cash flow

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Operating cash flow-$12.3M-148%
CapEx$4.3M-35.8%
Free cash flow-$16.6M-187%

Valuation

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Market cap$1.17B+108%
Enterprise value$1.24B+105%
P/S1.6×+0.8×

Profitability

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Gross margin50%-4.6pp
Operating margin-9.1%-4.2pp
Net margin-10.4%-4.7pp
FCF margin1.6%-14.9pp

Returns & leverage

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Return on equity-9.2%-3.9pp
Debt / equity0.2×0.0×
Current ratio2.5×-0.1×

Where this comes from

Reported directly by Avanos Medical in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Avanos Medical’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Avanos Medical's acquired in-process research and development?
Avanos Medical (AVNS) reported acquired in-process research and development of $5.2M in Q1 2026.
How has Avanos Medical's acquired in-process research and development changed year-over-year?
Avanos Medical's acquired in-process research and development decreased by 3.7% year-over-year, from $5.4M to $5.2M.
What is the long-term trend for Avanos Medical's acquired in-process research and development?
Over 4 years (2021 to 2025), Avanos Medical's acquired in-process research and development has grown at a -6.6% compound annual growth rate (CAGR), from $30.6M to $23.3M.
What does acquired in-process research and development mean?
Represents cash outflows for the acquisition of research and development projects that have not yet reached technological feasibility. This metric highlights the company's strategy for inorganic innovation and long-term pipeline expansion.