)

AxoGen (AXGN) investor relations material
AxoGen Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q2 2025 revenue reached $56.7M, up 18.3% year-over-year, with broad-based double-digit growth across all nerve repair target markets and segments, driven by strong adoption and commercial execution.
Net income was $0.6M, reversing a net loss of $1.9M in Q2 2024; adjusted net income rose to $5.7M from $2.0M.
Gross margin improved to 74.2% from 73.8% year-over-year, with gross profit at $42M.
Expanded insurance coverage for nerve repair products, adding 17M new covered lives year-to-date, now exceeding 55% of commercial payers.
FDA review of Avance Nerve Graft BLA is progressing, with anticipated approval in September 2025.
Financial highlights
Q2 2025 revenue: $56.7M (+18.3% YoY); gross profit: $42.0M (+18.9% YoY); gross margin: 74.2%.
Adjusted EBITDA reached $9.3M, up from $5.6M year-over-year; margin improved to 16.3%.
Operating expenses rose to $40.3M, but as a percentage of revenue decreased by 3.5% year-over-year.
Cash, cash equivalents, and investments increased to $35.9M at June 30, 2025, up $7.8M during Q2.
Net cash used in operating activities for the first half of 2025 was $5.4M, a 32.7% improvement year-over-year.
Outlook and guidance
Full-year 2025 revenue growth guidance raised to at least 17% ($219M+); gross margin expected between 73% and 75%, including a 1% impact from BLA approval costs.
Expectation to remain net cash flow positive and self-fund the strategic plan with growing cash from operations.
Cautious approach to second-half guidance due to potential logistics changes and macroeconomic risks.
Management expects existing cash, investments, and product sales to fund operations for at least the next 12 months.
Focus remains on expanding presence in high-potential accounts and driving deeper adoption of nerve repair solutions.
Next AxoGen earnings date

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.
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.
)
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.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
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.
)
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.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
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.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
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.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
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.
Explore our global coverage