Artivion, Inc. (AORT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 116.34M | 115.99M | 113.39M | 112.97M | 98.98M | 97.31M | 95.78M | 98.02M | 97.43M | 93.67M | 87.85M | 89.25M | 83.23M | 79.4M | 76.84M | 80.34M | 77.21M | 79.39M | 72.21M | 76.15M |
| Revenue Growth % | 17.54% | 19.2% | 18.39% | 15.26% | 1.59% | 3.88% | 9.02% | 9.82% | 17.06% | 17.98% | 14.34% | 11.09% | 7.79% | 0.01% | 6.41% | 5.51% | 8.62% | 16.93% | 10.86% | 41.62% |
| Cost of Goods Sold | 44.8M | 46.33M | 38.99M | 39.86M | 35.4M | 35.81M | 34.77M | 34.7M | 34.48M | 32.58M | 31.58M | 31.17M | 29.5M | 28.51M | 28.09M | 28.17M | 26.49M | 28.02M | 24.42M | 25.64M |
| COGS % of Revenue | 38.51% | 39.95% | 34.39% | 35.28% | 35.77% | 36.8% | 36.3% | 35.4% | 35.39% | 34.78% | 35.95% | 34.92% | 35.45% | 35.91% | 36.56% | 35.06% | 34.31% | 35.29% | 33.82% | 33.66% |
| Gross Profit | 71.54M | 69.66M | 74.39M | 73.11M | 63.58M | 61.5M | 61.01M | 63.32M | 62.95M | 61.09M | 56.27M | 58.08M | 53.73M | 50.89M | 48.74M | 52.17M | 50.72M | 51.37M | 47.79M | 50.51M |
| Gross Margin % | 61.49% | 60.05% | 65.61% | 64.72% | 64.23% | 63.2% | 63.7% | 64.6% | 64.61% | 65.22% | 64.05% | 65.08% | 64.55% | 64.09% | 63.44% | 64.94% | 65.69% | 64.71% | 66.18% | 66.34% |
| Gross Profit Growth % | 12.52% | 13.26% | 21.94% | 15.46% | 1% | 0.67% | 8.42% | 9.02% | 17.16% | 20.06% | 15.44% | 11.33% | 5.93% | -0.95% | 2% | 3.28% | 6.02% | 15.21% | 10.8% | 40.74% |
| Operating Expenses | 64.05M | 62.48M | 61.86M | 64.73M | 61.43M | 58.83M | 56.62M | 56.82M | 37.63M | 57.92M | 57.51M | 50.41M | 57.59M | 46.76M | 52.85M | 47.63M | 49.08M | 60.71M | 33.1M | 49.19M |
| OpEx % of Revenue | 55.06% | 53.86% | 54.56% | 57.3% | 62.07% | 60.46% | 59.12% | 57.97% | 38.63% | 61.84% | 65.47% | 56.48% | 69.19% | 58.89% | 68.78% | 59.29% | 63.57% | 76.47% | 45.84% | 64.6% |
| Selling, General & Admin | 55.21M | 53.36M | 54.68M | 57.66M | 54.7M | 51.43M | 50.02M | 49.32M | 30.69M | 50.28M | 51.09M | 57.24M | 50.37M | 38.45M | 41.05M | 38.98M | 38.95M | 51.25M | 39.05M | 40.83M |
| SG&A % of Revenue | 47.46% | 46% | 48.22% | 51.04% | 55.27% | 52.85% | 52.22% | 50.32% | 31.5% | 53.68% | 58.16% | 64.13% | 60.51% | 48.43% | 53.43% | 48.52% | 50.45% | 64.56% | 54.08% | 53.62% |
| Research & Development | 8.84M | 9.12M | 8.08M | 7.06M | 6.73M | 7.4M | 6.61M | 7.5M | 6.95M | 7.64M | 6.42M | 7.42M | 7.22M | 8.3M | 11.8M | 8.65M | 10.13M | 9.46M | 9.97M | 8.36M |
| R&D % of Revenue | 7.6% | 7.86% | 7.12% | 6.25% | 6.8% | 7.61% | 6.9% | 7.65% | 7.13% | 8.16% | 7.31% | 8.31% | 8.68% | 10.46% | 15.36% | 10.76% | 13.12% | 11.92% | 13.81% | 10.98% |
| Other Operating Expenses | 0 | 0 | -900K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 |
| Operating Income | 7.49M | 7.18M | 12.54M | 8.38M | 2.15M | 2.67M | 4.39M | 6.51M | 25.31M | 3.17M | -1.24M | 7.67M | -3.86M | 4.13M | -4.11M | 4.54M | 1.64M | -9.34M | 14.69M | 1.32M |
| Operating Margin % | 6.44% | 6.19% | 11.06% | 7.42% | 2.17% | 2.74% | 4.58% | 6.64% | 25.98% | 3.39% | -1.42% | 8.6% | -4.64% | 5.2% | -5.34% | 5.65% | 2.12% | -11.76% | 20.34% | 1.74% |
| Operating Income Growth % | 249.04% | 169.01% | 185.75% | 28.85% | -91.53% | -15.86% | 452.65% | -15.22% | 755.56% | -23.2% | 69.7% | 69.02% | -336% | 144.22% | -127.96% | 243.24% | 13.14% | -587.93% | 304.16% | 168.91% |
| EBITDA | 13.83M | 12.94M | 18.25M | 13.92M | 7.59M | 8.96M | 10.5M | 12.4M | 31.22M | 8.99M | 4.51M | 13.44M | 1.87M | 9.56M | 1.41M | 10.16M | 7.52M | -3.37M | 20.7M | 7.32M |
| EBITDA Margin % | 11.89% | 11.15% | 16.1% | 12.32% | 7.67% | 9.21% | 10.96% | 12.65% | 32.04% | 9.6% | 5.14% | 15.06% | 2.25% | 12.04% | 1.84% | 12.64% | 9.74% | -4.24% | 28.66% | 9.61% |
| EBITDA Growth % | 82.15% | 44.32% | 73.89% | 12.29% | -75.69% | -0.27% | 132.49% | -7.77% | 1566.84% | -5.94% | 219.53% | 32.34% | -75.08% | 383.56% | -93.17% | 38.83% | 0.87% | -143.16% | 134.91% | 159.07% |
| D&A (Non-Cash Add-back) | 6.34M | 5.76M | 5.72M | 5.54M | 5.45M | 6.29M | 6.11M | 5.89M | 5.91M | 5.82M | 5.76M | 5.77M | 5.73M | 5.43M | 5.52M | 5.62M | 5.88M | 5.97M | 6.01M | 5.99M |
| EBIT | 7.49M | 7.18M | 13.18M | 10.75M | 5.37M | -6.86M | 7.14M | 5.88M | 20.61M | 5.65M | -2.82M | 3.7M | -2.82M | 8.65M | -7.71M | 801K | 1.52M | -12.17M | 12.04M | 2.67M |
| Net Interest Income | -5.16M | -5.22M | -5.88M | -7.2M | -7.52M | -9.37M | -8.04M | -7.95M | -7.45M | -5.85M | -6.26M | -6.09M | -6.02M | -5.31M | -4.76M | -4.07M | -3.93M | -3.87M | -4.08M | -4.84M |
| Interest Income | 205K | 311K | 240K | 68K | 144K | 374K | 366K | 353K | 374K | 398K | 339K | 265K | 75K | 61K | 40K | 30K | 16K | 19K | 18K | 18K |
| Interest Expense | 5.37M | 5.53M | 6.12M | 7.27M | 7.66M | 9.74M | 8.4M | 8.3M | 7.83M | 6.24M | 6.6M | 6.36M | 6.1M | 5.37M | 4.8M | 4.1M | 3.95M | 3.89M | 4.1M | 4.86M |
| Other Income/Expense | -7.15M | -643K | -5.48M | -4.9M | -4.44M | -19.27M | -5.65M | -8.93M | -12.53M | -3.76M | -8.18M | -10.33M | -5.06M | -853K | -8.43M | -7.84M | -4.07M | -6.75M | -6.74M | -3.51M |
| Pretax Income | 339K | 6.54M | 7.06M | 3.48M | -2.29M | -16.6M | -1.27M | -2.43M | 12.78M | -591K | -9.42M | -2.66M | -8.92M | 3.28M | -12.53M | -3.3M | -2.43M | -16.09M | 7.94M | -2.18M |
| Pretax Margin % | 0.29% | 5.64% | 6.22% | 3.08% | -2.32% | -17.06% | -1.32% | -2.48% | 13.12% | -0.63% | -10.72% | -2.98% | -10.72% | 4.13% | -16.31% | -4.11% | -3.15% | -20.26% | 11% | -2.87% |
| Income Tax | -1.08M | 4.11M | 554K | 2.14M | -1.79M | -119K | 1.02M | -306K | 5.25M | 3.38M | 382K | 725K | 4.61M | 1.11M | 1.18M | 959K | 960K | 4.01M | -2.64M | -5K |
| Effective Tax Rate % | -317.99% | 62.89% | 7.85% | 61.37% | 78% | 0.72% | -80.73% | 12.61% | 41.06% | -572.59% | -4.06% | -27.29% | -51.72% | 33.81% | -9.42% | -29.06% | -39.52% | -24.95% | -33.21% | 0.23% |
| Net Income | 1.42M | 2.43M | 6.5M | 1.34M | -505K | -16.48M | -2.29M | -2.12M | 7.53M | -3.98M | -9.8M | -3.38M | -13.53M | 2.17M | -13.71M | -4.26M | -3.39M | -20.1M | 10.58M | -2.18M |
| Net Margin % | 1.22% | 2.09% | 5.73% | 1.19% | -0.51% | -16.94% | -2.39% | -2.16% | 7.73% | -4.24% | -11.16% | -3.79% | -16.26% | 2.73% | -17.85% | -5.3% | -4.39% | -25.32% | 14.66% | -2.86% |
| Net Income Growth % | 380.59% | 114.72% | 384.18% | 163.41% | -106.7% | -314.67% | 76.66% | 37.29% | 155.67% | -283.26% | 28.53% | 20.59% | -299.29% | 110.79% | -229.59% | -95.55% | -8% | -481.26% | 468.71% | 40.96% |
| Net Income (Continuing) | 1.42M | 2.43M | 6.5M | 1.34M | -505K | -16.48M | -2.29M | -2.12M | 7.53M | -3.98M | -9.8M | -3.38M | -13.53M | 2.17M | -13.71M | -4.26M | -3.39M | -20.1M | 10.58M | -2.18M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.03 | 0.05 | 0.13 | 0.03 | -0.01 | -0.39 | -0.05 | -0.05 | 0.18 | -0.10 | -0.24 | -0.08 | -0.33 | 0.05 | -0.34 | -0.11 | -0.09 | -0.51 | 0.26 | -0.06 |
| EPS Growth % | 339.5% | 112.54% | 338.1% | 158.27% | -106.61% | -302.89% | 77.25% | 38.8% | 154.55% | -281.61% | 29.41% | 24.55% | -288.24% | 110.45% | -230.77% | -96.78% | -4.94% | -469.2% | 443.46% | 43.13% |
| EPS (Basic) | 0.03 | 0.05 | 0.14 | 0.03 | -0.01 | -0.39 | -0.05 | -0.05 | 0.18 | -0.10 | -0.24 | -0.08 | -0.33 | 0.05 | -0.34 | -0.11 | -0.09 | -0.51 | 0.27 | -0.06 |
| Diluted Shares Outstanding | 49.73M | 49.6M | 48.77M | 45.38M | 42.23M | 41.88M | 41.84M | 41.68M | 47.89M | 40.9M | 40.88M | 40.76M | 40.43M | 40.51M | 40.12M | 40.03M | 39.85M | 39.16M | 44.45M | 38.94M |
| Basic Shares Outstanding | 48.07M | 47.56M | 47.23M | 44.3M | 42.23M | 41.88M | 41.84M | 41.68M | 41.29M | 40.9M | 40.88M | 40.76M | 40.61M | 40.13M | 40.12M | 38.53M | 39.85M | 39.16M | 39.09M | 38.94M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |