Logotype for AvidXchange Holdings Inc

AvidXchange (AVDX) investor relations material

AvidXchange Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for AvidXchange Holdings Inc
Q2 2025 earnings summary7 Aug, 2025

Executive summary

  • Revenue for Q2 2025 increased 5.2% year-over-year to $110.6 million, driven by higher software and payment transaction volumes from new and existing customers.

  • Net loss for Q2 2025 was $9.5 million, compared to net income of $0.4 million in Q2 2024, primarily due to increased operating expenses and merger-related costs.

  • Non-GAAP net income remained flat at $10.7 million, and adjusted EBITDA was $17.4 million, nearly unchanged year-over-year.

  • Pending acquisition led to suspension of 2025 financial outlook and cancellation of earnings call.

  • Cash flow from operations improved to $30.6 million for the first half of 2025, up from $18.9 million in the prior year period.

Financial highlights

  • Q2 2025 revenue: $110.6 million, up 5.2% year-over-year; six-month revenue: $218.5 million, up 3.7%.

  • GAAP gross profit was $73.6 million (66.6% margin), up from $68.7 million (65.3%) year-over-year.

  • Non-GAAP gross profit was $81.6 million (73.8% margin), up from $76.3 million (72.6%) year-over-year.

  • Interest income declined due to lower cash balances and interest rates, falling to $10.6 million from $11.8 million year-over-year.

  • General and administrative expenses included $6.4 million in transaction costs related to the proposed merger.

Outlook and guidance

  • Management expects total revenue to continue increasing year-over-year, with payment revenue comprising a greater share as transaction volumes grow.

  • Anticipates continued operational efficiency gains and a shift toward electronic payments, reducing cost of revenues as a percentage of revenue.

  • Interest income may decline if the Federal Reserve cuts rates; payment revenue from political advertising expected to decrease in 2025 compared to 2024.

  • Financial outlook for fiscal 2025 suspended due to pending acquisition.

  • No earnings teleconference held for Q2 2025.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next AvidXchange earnings date

Logotype for AvidXchange Holdings Inc
Q3 20255 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next AvidXchange earnings date

Logotype for AvidXchange Holdings Inc
Q3 20255 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Payment and Invoice Solutions

AvidXchange is a fintech company focused on automating invoice and payment processes for mid-market businesses. Established in 2000 and based in Charlotte, North Carolina, AvidXchange provides software solutions designed to integrate with a variety of accounting systems. The aim of their platform is to simplify the payment process by transitioning businesses from paper-based methods like invoices and checks to electronic alternatives. By doing so, companies using the AvidXchange platform can reduce manual efforts and improve efficiency in the Accounts Payable (AP) field.

Invoice-To-Payment

AvidXchange specializes in streamlining and automating the invoice-to-payment process for mid-market businesses. At the core, AvidXchange offers an end-to-end accounts payable solution that encompasses invoice capture, approval workflows, and electronic payment processing. Its platform is built to eliminate manual tasks associated with paper invoices and checks, saving both time and money. By digitizing invoices they facilitate faster data processing, while the automated approval workflows ensure that invoices are processed consistently and within policy guidelines.

Built With Middle-Market Companies in Mind

Middle-market businesses is a term typically used when referring to companies with revenues ranging from $10 million to $1 billion, AvidXchange's services are specifically designed for these types of enterprises. Their offerings help to automate processes which, in smaller companies, might be manual but in larger enterprises are fully digital. This transition can be pivotal for mid-market firms as they seek to expand, as it can streamline operations.

The Scale of Operations

The company has seen rapid growth since its foundation in the early 00s. AvidXchange had its IPO in 2021 and processes hundreds of billions of dollars in transactions annually. Growth has been fueled both by providing a service that helps businesses in their day-to-day, but also through the use of strategic acquisitions of companies operating in the same industry. Some notable takeovers include Fastpay and BankTEL Systems. When it comes to publicly traded competitors, one finds names such as Intuit, Block, and Bill.com.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage