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Axogen AXGN Operating margin

Operating margin at other companies

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Baxter InternationalBAX
-2.7%
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21.4%+6.2pp
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2.6%+1.3pp
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LeMaitre VascularLMAT
29.5%+6.1pp
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4.4%0.0pp
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BioventusBVS
10%

Other financials

Income statement

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Revenue$69.7M+23.1%
Gross profit$50.7M+20.6%
Operating income-$2.2M-229%
Net income-$1.5M-362%
EPS (diluted)-$0.03-400%

Balance sheet

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Cash & equivalents$96.6M+271%
Total debt$20.1M-70.6%
Total equity$256.3M+128%
Total assets$304.9M+48.4%

Cash flow

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Operating cash flow$7.2M
CapEx$893.0K+23.7%
Free cash flow$6.3M

Valuation

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Market cap$2.38B+277%
Enterprise value$2.31B+242%
P/S9.5×+6.4×

Profitability

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Gross margin74.6%+0.3pp
Net margin-13.4%-17.4pp
FCF margin-12.9%-3.8pp

Returns & leverage

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Return on equity-18.2%-28.9pp
Debt / equity0.1×-0.5×
Current ratio6.6×+2.5×

Where this comes from

Calculated from Axogen’s reported figures.

Based on trailing twelve months.

The source filing: Axogen’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:13 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000805928-26-000094

FAQ

What is Axogen's operating margin?
Axogen (AXGN) reported operating margin of -5.1% in Q2 2026.
What is the long-term trend for Axogen's operating margin?
Over 4 years (2020 to 2025), Axogen's operating margin has grown at a -35.9% compound annual growth rate (CAGR), from -20.6% to -3.5%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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