Orthofix Medical Inc. (OFIX) 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 | 196.71M | 219.91M | 205.63M | 203.12M | 193.65M | 215.66M | 196.61M | 198.62M | 188.61M | 200.41M | 184.01M | 187.02M | 175.2M | 122.23M | 114M | 118.07M | 106.42M | 125.06M | 112.43M | 121.39M |
| Revenue Growth % | 1.58% | 1.97% | 4.59% | 2.27% | 2.67% | 7.61% | 6.85% | 6.2% | 7.65% | 63.97% | 61.41% | 58.39% | 64.64% | -2.27% | 1.39% | -2.74% | 0.78% | 6.33% | 1.3% | 65.99% |
| Cost of Goods Sold | 57.16M | 77.88M | 57.11M | 63.59M | 72.03M | 66.82M | 61.55M | 63.87M | 61.37M | 63.78M | 64.24M | 67.47M | 64.88M | 33.05M | 30.57M | 31.6M | 28.32M | 33.25M | 28.31M | 27.44M |
| COGS % of Revenue | 29.06% | 35.41% | 27.77% | 31.31% | 37.2% | 30.98% | 31.31% | 32.16% | 32.54% | 31.83% | 34.91% | 36.07% | 37.03% | 27.04% | 26.82% | 26.76% | 26.61% | 26.59% | 25.18% | 22.6% |
| Gross Profit | 139.55M | 142.03M | 148.52M | 139.53M | 121.62M | 148.84M | 135.05M | 134.75M | 127.24M | 136.63M | 119.76M | 119.55M | 110.33M | 89.18M | 83.42M | 86.47M | 78.1M | 91.81M | 84.12M | 93.95M |
| Gross Margin % | 70.94% | 64.59% | 72.23% | 68.69% | 62.8% | 69.02% | 68.69% | 67.84% | 67.46% | 68.17% | 65.09% | 63.93% | 62.97% | 72.96% | 73.18% | 73.24% | 73.39% | 73.41% | 74.82% | 77.4% |
| Gross Profit Growth % | 14.74% | -4.58% | 9.97% | 3.55% | -4.42% | 8.94% | 12.77% | 12.71% | 15.33% | 53.21% | 43.56% | 38.26% | 41.27% | -2.87% | -0.83% | -7.97% | -1.98% | 3.68% | -0.73% | 88.03% |
| Operating Expenses | 150.23M | 128.58M | 165.57M | 155.54M | 170.49M | 160.32M | 153.95M | 159.66M | 156.58M | 154.94M | 144.21M | 156.18M | 170.04M | 100.22M | 89.21M | 79.83M | 81.18M | 101.16M | 84.43M | 89.69M |
| OpEx % of Revenue | 76.37% | 58.47% | 80.52% | 76.57% | 88.04% | 74.34% | 78.3% | 80.38% | 83.02% | 77.31% | 78.37% | 83.51% | 97.05% | 81.99% | 78.26% | 67.61% | 76.28% | 80.89% | 75.1% | 73.88% |
| Selling, General & Admin | 134.91M | 136.75M | 147.8M | 136.49M | 132.98M | 136.48M | 130.14M | 134.22M | 131.69M | 132.28M | 122.08M | 133.43M | 142.6M | 84.79M | 74.78M | 75.73M | 73.47M | 75.36M | 72.41M | 75.67M |
| SG&A % of Revenue | 68.58% | 62.19% | 71.88% | 67.2% | 68.67% | 63.29% | 66.19% | 67.58% | 69.82% | 66% | 66.35% | 71.34% | 81.39% | 69.37% | 65.6% | 64.14% | 69.03% | 60.26% | 64.4% | 62.34% |
| Research & Development | 15.32M | 15.37M | 14.77M | 15.93M | 19.77M | 18.81M | 17.29M | 18.05M | 19.49M | 18.94M | 18.56M | 19.42M | 23.31M | 13.15M | 11.94M | 12.76M | 11.21M | 13.24M | 12.36M | 13.12M |
| R&D % of Revenue | 7.79% | 6.99% | 7.18% | 7.84% | 10.21% | 8.72% | 8.8% | 9.09% | 10.33% | 9.45% | 10.09% | 10.39% | 13.3% | 10.76% | 10.48% | 10.81% | 10.54% | 10.59% | 10.99% | 10.81% |
| Other Operating Expenses | 0 | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -335K | 894K |
| Operating Income | -13.69M | 13.45M | -17.05M | -16M | -48.87M | -11.48M | -18.9M | -24.91M | -29.34M | -18.32M | -24.45M | -36.63M | -59.71M | -11.04M | -5.79M | 6.64M | -3.08M | -9.35M | -313K | 4.27M |
| Operating Margin % | -6.96% | 6.12% | -8.29% | -7.88% | -25.24% | -5.32% | -9.61% | -12.54% | -15.55% | -9.14% | -13.29% | -19.59% | -34.08% | -9.04% | -5.08% | 5.62% | -2.89% | -7.48% | -0.28% | 3.52% |
| Operating Income Growth % | 72% | 217.2% | 9.8% | 35.75% | -66.59% | 37.34% | 22.7% | 32.01% | 50.87% | -65.84% | -322.48% | -651.6% | -1840.03% | -18.08% | -1748.88% | 55.64% | -5.56% | -352.44% | -107.5% | 120.32% |
| EBITDA | -193K | 102.81M | -2.52M | 1.99M | -13.19M | 15.86M | -2.11M | -9.37M | -13M | -1.32M | -10.16M | -21.68M | -45.35M | -2.89M | 2.54M | 13.92M | 5.24M | -1.06M | 7.7M | 12.72M |
| EBITDA Margin % | -0.1% | 46.75% | -1.23% | 0.98% | -6.81% | 7.35% | -1.07% | -4.72% | -6.89% | -0.66% | -5.52% | -11.59% | -25.88% | -2.36% | 2.23% | 11.79% | 4.92% | -0.84% | 6.85% | 10.47% |
| EBITDA Growth % | 98.54% | 548.41% | -19.52% | 121.29% | -1.49% | 1303.95% | 79.23% | 56.8% | 71.34% | 54.4% | -500.67% | -255.74% | -966.08% | -173.48% | -67.07% | 9.48% | -3.32% | -108.2% | -45.39% | 196.66% |
| D&A (Non-Cash Add-back) | 13.49M | 89.36M | 14.52M | 18M | 35.68M | 27.33M | 16.79M | 15.54M | 16.34M | 17M | 14.28M | 14.95M | 14.37M | 8.16M | 8.32M | 7.28M | 8.31M | 8.3M | 8.02M | 8.45M |
| EBIT | -10.69M | 2.16M | -17.58M | -10.27M | -47.63M | -14.79M | -21.43M | -27.42M | -30.61M | -17.55M | -26.81M | -36.65M | -59.04M | -6.76M | -9.1M | 3.45M | -4.01M | -9.17M | -2.1M | 5.22M |
| Net Interest Income | -5.66M | -4.35M | -4.68M | -3.95M | -4.51M | -14.92M | -5.21M | -4.94M | -4.56M | -4.5M | -1.58M | -1.27M | -1.29M | -229K | -277K | -407K | -375K | -437K | -433K | -550K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -5.66M | 4.35M | 4.68M | 3.95M | 4.51M | 14.92M | 5.21M | 4.94M | 4.56M | 4.5M | 1.58M | 1.27M | 1.29M | 229K | 277K | 407K | 375K | 437K | 433K | 550K |
| Other Income/Expense | -7.15M | -15.64M | -5.22M | 1.78M | -3.26M | -18.23M | -7.74M | -7.45M | -5.83M | -3.73M | -3.94M | -1.29M | -613K | 4.06M | -3.58M | -3.6M | -1.31M | -252K | -2.22M | 401K |
| Pretax Income | -20.83M | -2.19M | -22.26M | -14.22M | -52.13M | -29.71M | -26.64M | -32.36M | -35.17M | -22.05M | -28.39M | -37.92M | -60.33M | -6.99M | -9.37M | 3.04M | -4.39M | -9.61M | -2.54M | 4.67M |
| Pretax Margin % | -10.59% | -1% | -10.83% | -7% | -26.92% | -13.78% | -13.55% | -16.29% | -18.65% | -11% | -15.43% | -20.28% | -34.43% | -5.72% | -8.22% | 2.58% | -4.12% | -7.68% | -2.25% | 3.85% |
| Income Tax | -74K | 30K | 533K | -142K | 961K | -564K | 751K | 1.08M | 851K | 125K | 472K | 1.51M | 611K | 75K | 1.34M | 553K | 71K | 23.21M | -364K | 2.25M |
| Effective Tax Rate % | 0.36% | -1.37% | -2.39% | 1% | -1.84% | 1.9% | -2.82% | -3.35% | -2.42% | -0.57% | -1.66% | -3.98% | -1.01% | -1.07% | -14.34% | 18.18% | -1.62% | -241.61% | 14.36% | 48.16% |
| Net Income | -20.91M | -2.22M | -22.8M | -14.08M | -53.09M | -29.15M | -27.39M | -33.44M | -36.02M | -22.17M | -28.86M | -39.43M | -60.94M | -7.06M | -10.72M | 2.49M | -4.46M | -32.81M | -2.17M | 2.42M |
| Net Margin % | -10.63% | -1.01% | -11.09% | -6.93% | -27.42% | -13.51% | -13.93% | -16.84% | -19.1% | -11.06% | -15.68% | -21.08% | -34.78% | -5.78% | -9.4% | 2.11% | -4.19% | -26.24% | -1.93% | 1.99% |
| Net Income Growth % | 60.62% | 92.38% | 16.77% | 57.9% | -47.4% | -31.44% | 5.09% | 15.18% | 40.89% | -213.99% | -169.29% | -1684.01% | -1266.32% | 78.48% | -393.6% | 2.85% | 23.32% | -249.88% | -146.65% | 113.14% |
| Net Income (Continuing) | -20.91M | -2.22M | -22.8M | -14.08M | -53.09M | -29.15M | -27.39M | -33.44M | -36.02M | -22.17M | -28.86M | -39.43M | -60.94M | -7.06M | -10.72M | 2.49M | -4.46M | -32.81M | -2.17M | 2.42M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.52 | -0.06 | -0.57 | -0.36 | -1.35 | -0.75 | -0.71 | -0.88 | -0.95 | -0.60 | -0.77 | -1.07 | -1.71 | -0.35 | -0.53 | 0.12 | -0.22 | -1.65 | -0.11 | 0.12 |
| EPS Growth % | 61.48% | 92.6% | 19.72% | 59.09% | -42.11% | -25% | 7.79% | 17.76% | 44.44% | -71.43% | -45.28% | -991.67% | -677.27% | 78.79% | -381.82% | 0% | 26.67% | -243.75% | -145.83% | 112.5% |
| EPS (Basic) | -0.52 | -0.06 | -0.57 | -0.36 | -1.35 | -0.75 | -0.71 | -0.88 | -0.95 | -0.60 | -0.77 | -1.07 | -1.71 | -0.35 | -0.53 | 0.12 | -0.22 | -1.65 | -0.11 | 0.12 |
| Diluted Shares Outstanding | 40.45M | 40M | 39.77M | 39.5M | 39.2M | 38.7M | 38.49M | 38.02M | 37.74M | 37.24M | 37.25M | 36.76M | 35.73M | 20.2M | 20.09M | 20.11M | 19.9M | 19.86M | 19.77M | 19.94M |
| Basic Shares Outstanding | 40.45M | 40M | 39.77M | 39.5M | 39.2M | 38.7M | 38.49M | 38.02M | 37.74M | 37.24M | 37.25M | 36.76M | 35.73M | 20.2M | 20.09M | 20.03M | 19.9M | 19.86M | 19.77M | 19.65M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |