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Bioventus BVS U.S. Segment — Adjusted research and development expense

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Other financials

Income statement

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Revenue$153.2M+3.8%
Gross profit$105.7M+3.5%
Operating income$19.1M+4.1%
Net income$33.4M+348%
EPS (diluted)$0.47+327%

Balance sheet

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Cash & equivalents$29.5M-10.5%
Total debt$263.7M-26.9%
Total equity$228.3M+41.6%
Total assets$673.3M-4.7%

Cash flow

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Operating cash flow$19.9M-23.4%
CapEx$960.0K+40.6%
Free cash flow$18.9M-25.1%

Valuation

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Market cap$1.19B+156%
Enterprise value$1.42B+79.7%
P/E21.8×
P/S+1.2×

Profitability

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Gross margin68.7%+1.1pp
Operating margin10%
Net margin9.4%+9.2pp
FCF margin16.2%+10.2pp

Returns & leverage

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Return on equity28%+27.5pp
Debt / equity1.2×-1.1×
Current ratio1.7×+0.2×

Where this comes from

Reported directly by Bioventus in its filing.

Tagged under the XBRL concept bvs:ResearchAndDevelopmentExpenseAdjusted.

The source filing: Bioventus’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 7:43 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001665988-26-000042

FAQ

What is Bioventus's U.S. segment — adjusted research and development expense?
Bioventus (BVS) reported U.S. segment — adjusted research and development expense of $2.92M in Q2 2026.
How has Bioventus's U.S. segment — adjusted research and development expense changed year-over-year?
Bioventus's U.S. segment — adjusted research and development expense decreased by 0.1% year-over-year, from $2.92M to $2.92M.
What is the long-term trend for Bioventus's U.S. segment — adjusted research and development expense?
Over 3 years (2022 to 2025), Bioventus's U.S. segment — adjusted research and development expense has grown at a -15.0% compound annual growth rate (CAGR), from $18.33M to $11.27M.
What does U.S. segment — adjusted research and development expense mean?
This metric quantifies the adjusted investment in innovation, clinical trials, and product development specifically allocated to the U.S. market. It reflects the company's commitment to advancing its portfolio of clinically differentiated orthopedic treatments.

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