Revenue
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $225.2M | $187.3M | $159.0M | $138.6M | $127.4M | $112.3M | $106.7M | $83.9M | $60.4M | $41.1M | $27.3M | $16.8M | $10.9M | $7.7M | $4.8M | $3.0M |
| Gross profit | $167.4M | $142.0M | $121.9M | $108.8M | $104.4M | $90.7M | $89.4M | $71.0M | $51.1M | $34.6M | $22.5M | $13.4M | $8.5M | $5.7M | $2.4M | $1.6M |
| Gross margin | 74.31% | 75.79% | 76.64% | 78.51% | 81.99% | 80.78% | 83.74% | 84.60% | 84.59% | 84.27% | 82.26% | 79.53% | 77.71% | 74.49% | 49.96% | 54.10% |
| Research & development | $32.9M | $27.8M | $27.3M | $25.6M | $24.2M | $17.8M | $17.5M | $11.8M | $6.7M | $4.2M | $3.2M | $3.0M | $2.1M | $1.4M | $697,355 | $436,008 |
| Operating expenses | $175.2M | $145.3M | $143.3M | $138.5M | $129.8M | $113.9M | $120.8M | $91.5M | $59.1M | $42.8M | $31.7M | $23.2M | $18.1M | $13.5M | $9.4M | $6.1M |
| Operating income | −$7.8M | −$3.3M | −$21.5M | −$29.7M | −$25.4M | −$23.2M | −$31.4M | −$20.5M | −$8.0M | −$8.1M | −$9.3M | −$9.8M | −$9.6M | −$7.8M | −$7.0M | −$4.5M |
| Operating margin | −3.49% | −1.75% | −13.50% | −21.44% | −19.96% | −20.64% | −29.43% | −24.42% | −13.16% | −19.78% | −33.91% | −58.28% | −87.62% | −101.43% | −143.70% | −149.16% |
| EBITDA | −$1.2M | $3.2M | −$17.2M | −$26.9M | −$22.7M | −$21.7M | −$30.4M | −$19.6M | −$7.4M | −$7.7M | −$9.0M | −$9.6M | −$9.5M | −$7.6M | −$6.7M | −$4.1M |
| EBITDA margin | −0.53% | 1.70% | −10.84% | −19.40% | −17.80% | −19.28% | −28.44% | −23.41% | −12.22% | −18.71% | −32.99% | −57.36% | −86.90% | −98.99% | −138.06% | −137.41% |
| Net income | −$15.7M | −$10.0M | −$21.7M | −$28.9M | −$27.0M | −$23.8M | −$29.1M | −$22.4M | −$10.4M | −$14.4M | −$13.4M | −$17.7M | −$14.6M | −$9.4M | −$9.2M | −$5.4M |
| Net profit margin | −6.97% | −5.32% | −13.66% | −20.89% | −21.19% | −21.18% | −27.30% | −26.68% | −17.29% | −35.06% | −48.87% | −105.31% | −132.97% | −122.44% | −190.11% | −180.50% |
| Basic EPSper basic share | -$0.34 | -$0.23 | -$0.51 | -$0.69 | -$0.65 | -$0.60 | -$0.74 | -$0.60 | -$0.31 | -$0.47 | -$0.51 | -$0.99 | -$1.08 | -$0.85 | -$2.77 | -$8.35 |
| Diluted EPSper diluted share | -$0.34 | -$0.23 | -$0.51 | -$0.69 | -$0.65 | -$0.60 | -$0.74 | -$0.60 | -$0.31 | -$0.47 | -$0.51 | -$0.99 | -$1.08 | -$0.85 | -$2.77 | -$8.35 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 8.24%4.42M shares |
First Light Asset Management, LLC | 5.12%2.75M shares |
MORGAN STANLEY | 5.12%2.75M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.21%2.26M shares |
Assenagon Asset Management S.A. | 3.89%2.09M shares |
Polar Capital Holdings Plc | 2.80%1.5M shares |
Artemis Investment Management LLP | 2.60%1.4M shares |
WELLINGTON MANAGEMENT GROUP LLP | 2.59%1.39M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.56%1.38M shares |
CITADEL ADVISORS LLC | 2.54%1.36M shares |
WASATCH ADVISORS LP | 2.42%1.3M shares |
GOLDMAN SACHS GROUP INC | 2.35%1.26M shares |
STATE STREET CORP | 2.32%1.25M shares |
FMR LLC | 2.28%1.22M shares |
Hood River Capital Management LLC | 1.99%1.07M shares |
PRICE T ROWE ASSOCIATES INC /MD/ | 1.90%1.02M shares |
RTW INVESTMENTS, LP | 1.89%1.01M shares |
NEXT CENTURY GROWTH INVESTORS LLC | 1.63%872.55K shares |
UBS Group AG | 1.56%836.21K shares |
ARMISTICE CAPITAL, LLC | 1.44%775K shares |
Percentages use 53.66M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 8, 2026Form 4 | Wendell Amy McBrideDirector | SellCommon Stock | 1.6K | $42.60 | $70.2K | 93.8K |
| May 7, 2026Form 4 | JOHNSON JOHNDirector | SellCommon Stock | 11.1K | $43.26 | $478.0K | 0 |
| May 7, 2026Form 4 | Weiler Kathy JohnsonDirector | SellCommon Stock | 16.3K | $44.09 | $720.6K | 0 |
| May 7, 2026Form 4 | Kemp JensChief Marketing Officer | SellCommon Stock | 4.0K | $43.44 | $173.8K | 72.5K |
| May 7, 2026Form 4 | Hartley Lindsey MarieCFO | SellCommon Stock | 573 | $43.67 | $25.0K | 65.1K |
Axogen ($AXGN) agreed to acquire BioCircuit Technologies for $200 million in cash, adding the NerveTape platform for sutureless peripheral-nerve repair. The buyer expects the transaction to support revenue growth and improve adjusted EBITDA ...