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AngioDynamics (ANGO) investor relations material
AngioDynamics Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary2 Oct, 2025
Executive summary
Achieved 12.2% year-over-year revenue growth to $75.7 million, led by 26.1% Med Tech growth and 2.3% Med Device growth.
Med Tech segment sales reached $35.3 million, marking the fourth consecutive quarter of over 20% growth.
Adjusted EBITDA turned positive at $2.2 million, up from a loss in the prior year.
Ended the quarter with $38.8 million in cash and zero debt, providing financial flexibility.
Raised full-year FY26 guidance for net sales, Med Tech growth, Adjusted EBITDA, and Adjusted EPS.
Financial highlights
Med Tech revenue: $35.3 million (+26.1%); Med Device revenue: $40.4 million (+2.3%).
Gross margin improved to 55.3%, up 90 basis points year-over-year; Med Tech gross margin 62.2%, Med Device 49.3%.
Adjusted net loss narrowed to $4.2 million (loss per share $0.10); GAAP net loss was $10.9 million (loss per share $0.26).
Adjusted EBITDA for Q1 FY26 was $2.2 million, up from $(0.2) million in Q1 FY25.
Cash utilization for the quarter was $17.1 million, with cash and equivalents at $38.8 million and no debt.
Outlook and guidance
FY26 net sales guidance raised to $308–$313 million (5–7% growth over FY25).
Med Tech net sales expected to grow 14–16%; Med Device expected to be flat.
Gross margin guidance at 53.5–55.5%, including $4–$6 million in tariff impact.
Adjusted EBITDA guidance increased to $6–$10 million; adjusted loss per share improved to $0.33–$0.23.
Expects to be cash flow positive for full FY26.
Key drivers for Med Tech segment growth?
NanoKnife CPT I code and market strategy?
Mechanical Thrombectomy sales force impact?
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Next AngioDynamics earnings date
Q2 20267 Jan, 2026
Next AngioDynamics earnings date
Q2 20267 Jan, 2026
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Frequently asked questions
AngioDynamics, Inc. designs, manufactures, and sells various medical, surgical, and diagnostic devices for use by professional healthcare providers for the treatment of peripheral vascular disease and for use in oncology and surgical settings in the United States and internationally. The company operates through four segments: Vascular Access, Peripheral Vascular, Oncology/Surgery, and Venous Therapies. The Peripheral Vascular segment primarily offers radiofrequency ablation systems to ablate or destroy undesired tissue; angiographic products to access the vasculature; thrombolytic products to treat clots; embolization products to block blood flow to a tumor; vena cava filters to trap clot before it can travel to the lungs; dialysis catheters used in hemodialysis procedures; and a range of products used in minimally-invasive, image-guided procedures.
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