Avanos Medical, Inc. (AVNS) 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 | 182.2M | 180.9M | 177.8M | 175M | 167.5M | 179.6M | 170.4M | 171.7M | 166.1M | 173.3M | 171.3M | 169.4M | 159.3M | 181.6M | 172.3M | 170.9M | 197.4M | 193.4M | 184.1M | 186.4M |
| Revenue Growth % | 8.78% | 0.72% | 4.34% | 1.92% | 0.84% | 3.64% | -0.53% | 1.36% | 4.27% | -4.57% | -0.58% | -0.88% | -19.3% | -6.1% | -6.41% | -8.32% | 9.24% | 4.54% | -0.86% | 13.87% |
| Cost of Goods Sold | 88M | 94.9M | 96.7M | 82.9M | 77.7M | 80.3M | 77.5M | 76.1M | 71.3M | 78.3M | 75.8M | 71.6M | 67.9M | 78.7M | 72.1M | 69.3M | 90.8M | 95.6M | 92.1M | 94.9M |
| COGS % of Revenue | 48.3% | 52.46% | 54.39% | 47.37% | 46.39% | 44.71% | 45.48% | 44.32% | 42.93% | 45.18% | 44.25% | 42.27% | 42.62% | 43.34% | 41.85% | 40.55% | 46% | 49.43% | 50.03% | 50.91% |
| Gross Profit | 94.2M | 86M | 81.1M | 92.1M | 89.8M | 99.3M | 92.9M | 95.6M | 94.8M | 95M | 95.5M | 97.8M | 91.4M | 102.9M | 100.2M | 101.6M | 106.6M | 97.8M | 92M | 91.5M |
| Gross Margin % | 51.7% | 47.54% | 45.61% | 52.63% | 53.61% | 55.29% | 54.52% | 55.68% | 57.07% | 54.82% | 55.75% | 57.73% | 57.38% | 56.66% | 58.15% | 59.45% | 54% | 50.57% | 49.97% | 49.09% |
| Gross Profit Growth % | 4.9% | -13.39% | -12.7% | -3.66% | -5.27% | 4.53% | -2.72% | -2.25% | 3.72% | -7.68% | -4.69% | -3.74% | -14.26% | 5.21% | 8.91% | 11.04% | 15.24% | 0.41% | -7.72% | 5.78% |
| Operating Expenses | 5.2M | 175.3M | 68M | 84.8M | 82.5M | 86.8M | 76.2M | 79.5M | 87.4M | 72.8M | 70M | 86M | 85.9M | 85.5M | 85.2M | 89.8M | 93.5M | 78.6M | 80.3M | 76.3M |
| OpEx % of Revenue | 2.85% | 96.9% | 38.25% | 48.46% | 49.25% | 48.33% | 44.72% | 46.3% | 52.62% | 42.01% | 40.86% | 50.77% | 53.92% | 47.08% | 49.45% | 52.55% | 47.37% | 40.64% | 43.62% | 40.93% |
| Selling, General & Admin | 0 | 77.7M | 62.2M | 79M | 77.1M | 81.1M | 69M | 73.2M | 80.4M | 66M | 63.9M | 79.2M | 78.4M | 78.3M | 78.1M | 82.2M | 85.7M | 71M | 71.9M | 68.3M |
| SG&A % of Revenue | - | 42.95% | 34.98% | 45.14% | 46.03% | 45.16% | 40.49% | 42.63% | 48.4% | 38.08% | 37.3% | 46.75% | 49.22% | 43.12% | 45.33% | 48.1% | 43.41% | 36.71% | 39.05% | 36.64% |
| Research & Development | 5.2M | 6.1M | 5.8M | 5.8M | 5.4M | 5.7M | 7.2M | 6.3M | 7M | 6.8M | 6.1M | 6.8M | 7.9M | 7.5M | 7.3M | 8M | 7.8M | 7.6M | 8.4M | 8M |
| R&D % of Revenue | 2.85% | 3.37% | 3.26% | 3.31% | 3.22% | 3.17% | 4.23% | 3.67% | 4.21% | 3.92% | 3.56% | 4.01% | 4.96% | 4.13% | 4.24% | 4.68% | 3.95% | 3.93% | 4.56% | 4.29% |
| Other Operating Expenses | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 8.9M | -89.3M | 13.1M | 7.3M | 7.3M | 12.5M | 16.7M | 16.1M | 7.4M | 22.2M | 25.5M | 11.8M | 5.5M | 17.4M | 15M | 11.8M | 13.1M | 19.2M | 11.7M | 15.2M |
| Operating Margin % | 4.88% | -49.36% | 7.37% | 4.17% | 4.36% | 6.96% | 9.8% | 9.38% | 4.46% | 12.81% | 14.89% | 6.97% | 3.45% | 9.58% | 8.71% | 6.9% | 6.64% | 9.93% | 6.36% | 8.15% |
| Operating Income Growth % | 21.92% | -814.4% | -21.56% | -54.66% | -1.35% | -43.69% | -34.51% | 36.44% | 34.55% | 27.59% | 70% | 0% | -58.02% | -9.38% | 28.21% | -22.37% | 18.02% | -46.81% | -27.33% | -11.63% |
| EBITDA | 19.1M | -79.4M | 22.5M | 17.3M | 16.9M | 23.6M | 28.4M | 27.4M | 18.8M | 33.7M | 36.5M | 22.1M | 16.2M | 28.8M | 25M | 21.9M | 24.2M | 28.7M | 21.3M | 24.7M |
| EBITDA Margin % | 10.48% | -43.89% | 12.65% | 9.89% | 10.09% | 13.14% | 16.67% | 15.96% | 11.32% | 19.45% | 21.31% | 13.05% | 10.17% | 15.86% | 14.51% | 12.81% | 12.26% | 14.84% | 11.57% | 13.25% |
| EBITDA Growth % | 13.02% | -436.44% | -20.77% | -36.86% | -10.11% | -29.97% | -22.19% | 23.98% | 16.05% | 17.01% | 46% | 0.91% | -33.06% | 0.35% | 17.37% | -11.34% | 16.35% | -38.81% | -20.52% | -11.79% |
| D&A (Non-Cash Add-back) | 10.2M | 9.9M | 9.4M | 10M | 9.6M | 11.1M | 11.7M | 11.3M | 11.4M | 11.5M | 11M | 10.3M | 10.7M | 11.4M | 10M | 10.1M | 11.1M | 9.5M | 9.6M | 9.5M |
| EBIT | 0 | 3.1M | 600K | -73.9M | 11.8M | -417.7M | 12.7M | 9.3M | 4.6M | 12.2M | 2.1M | -1.6M | -5.6M | 17.3M | 13.1M | 10.3M | 8.6M | 25M | 3.8M | -7.3M |
| Net Interest Income | 0 | -1.3M | -1.3M | -1.4M | -600K | -2M | -2.5M | -100K | -2.5M | -2.3M | -3.8M | -3M | -3M | -2.3M | -2.7M | -2.5M | -1.3M | -700K | -700K | -900K |
| Interest Income | 200K | 600K | 500K | 600K | 1.5M | 800K | 700K | 3M | 600K | 1M | 900K | 500K | 500K | 700K | 300K | 200K | 0 | 0 | 200K | 0 |
| Interest Expense | -1.5M | 1.9M | 1.8M | 2M | 2.1M | 2.8M | 3.2M | 3.1M | 3.1M | 3.3M | 4.7M | 3.5M | 3.5M | 3M | 3M | 2.7M | 1.3M | 700K | 900K | 900K |
| Other Income/Expense | -1.3M | 90.5M | -14.3M | -83.2M | 2.4M | -433M | -7.2M | -9.9M | -5.9M | -13.3M | -28.1M | -16.9M | -14.6M | -3.1M | -4.9M | -4.2M | -5.8M | 5.1M | -8.8M | -23.4M |
| Pretax Income | 7.6M | 1.2M | -1.2M | -75.9M | 9.7M | -420.5M | 9.5M | 6.2M | 1.5M | 8.9M | -2.6M | -5.1M | -9.1M | 14.3M | 10.1M | 7.6M | 7.3M | 24.3M | 2.9M | -8.2M |
| Pretax Margin % | 4.17% | 0.66% | -0.67% | -43.37% | 5.79% | -234.13% | 5.58% | 3.61% | 0.9% | 5.14% | -1.52% | -3.01% | -5.71% | 7.87% | 5.86% | 4.45% | 3.7% | 12.56% | 1.58% | -4.4% |
| Income Tax | -2.5M | -2.5M | 200K | 900K | 3.1M | -23.5M | 3.6M | 1.9M | 1M | -2.1M | 6.2M | -800K | -1.3M | 4.6M | -900K | 2.8M | 1.9M | 14.3M | 38M | -46.1M |
| Effective Tax Rate % | -32.89% | -208.33% | -16.67% | -1.19% | 31.96% | 5.59% | 37.89% | 30.65% | 66.67% | -23.6% | -238.46% | 15.69% | 14.29% | 32.17% | -8.91% | 36.84% | 26.03% | 58.85% | 1310.34% | 562.2% |
| Net Income | 5.1M | 3.7M | -1.4M | -76.8M | 6.6M | -397.3M | 4.3M | 1.8M | -900K | 10.5M | -3.7M | -68.1M | -500K | 16.9M | 15.7M | 12.5M | 5.4M | 10M | -35.1M | 37.9M |
| Net Margin % | 2.8% | 2.05% | -0.79% | -43.89% | 3.94% | -221.21% | 2.52% | 1.05% | -0.54% | 6.06% | -2.16% | -40.2% | -0.31% | 9.31% | 9.11% | 7.31% | 2.74% | 5.17% | -19.07% | 20.33% |
| Net Income Growth % | -22.73% | 100.93% | -132.56% | -4366.67% | 833.33% | -3883.81% | 216.22% | 102.64% | -80% | -37.87% | -123.57% | -644.8% | -109.26% | 69% | 144.73% | -67.02% | 171.05% | 121.19% | -281.87% | 1363.33% |
| Net Income (Continuing) | 5.1M | 3.7M | -1.4M | -76.8M | 6.6M | -397M | 5.9M | 4.3M | 500K | 11M | -8.8M | -4.3M | -7.8M | 9.7M | 11M | 4.8M | 5.4M | 10M | -35.1M | 37.9M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | -300K | -1000K | -1000K | -1000K | -500K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 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) | 0.11 | 0.08 | -0.03 | -1.66 | 0.14 | -8.64 | 0.09 | 0.04 | -0.02 | 0.23 | -0.08 | -1.46 | -0.01 | 0.36 | 0.33 | 0.24 | 0.12 | 0.21 | -0.73 | 0.78 |
| EPS Growth % | -21.43% | 100.92% | -132.72% | -4334.69% | 817.95% | -3856.52% | 216.69% | 102.68% | -82.24% | -36.11% | -123.97% | -708.33% | -108.92% | 71.43% | 145.21% | -69.23% | 175% | 121.21% | -282.5% | 1342.04% |
| EPS (Basic) | 0.11 | 0.08 | -0.03 | -1.66 | 0.14 | -8.64 | 0.09 | 0.04 | -0.02 | 0.23 | -0.08 | -1.46 | -0.01 | 0.36 | 0.34 | 0.24 | 0.12 | 0.21 | -0.73 | 0.79 |
| Diluted Shares Outstanding | 46.4M | 46.4M | 46.4M | 46.8M | 46.8M | 46M | 46.6M | 46.3M | 46.2M | 46.6M | 46.8M | 46.8M | 46.6M | 47M | 47M | 47.6M | 47.8M | 48.6M | 48.1M | 48.6M |
| Basic Shares Outstanding | 46.4M | 46.4M | 46.4M | 46.1M | 46.1M | 46M | 46M | 45.9M | 46.2M | 46.2M | 46.8M | 46.8M | 46.6M | 46.5M | 46.6M | 47.2M | 47.4M | 48.2M | 48.1M | 48.1M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |