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Avanos Medical AVNS Total Specialty Nutrition Systems — Research and development expenses

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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 total specialty nutrition systems — research and development expenses?
Avanos Medical (AVNS) reported total specialty nutrition systems — research and development expenses of -$3.7M in Q1 2026.
How has Avanos Medical's total specialty nutrition systems — research and development expenses changed year-over-year?
Avanos Medical's total specialty nutrition systems — research and development expenses increased by 9.8% year-over-year, from -$4.1M to -$3.7M.
What is the long-term trend for Avanos Medical's total specialty nutrition systems — research and development expenses?
Over 2 years (2023 to 2025), Avanos Medical's total specialty nutrition systems — research and development expenses has grown at a 7.0% compound annual growth rate (CAGR), from -$14.6M to -$16.7M.
What does total specialty nutrition systems — research and development expenses mean?
These are the costs incurred for the innovation, design, and clinical testing of new specialty nutrition products or improvements to existing medical devices. This investment is essential for maintaining long-term competitiveness and driving future revenue growth through product differentiation.