AvidXchange Holdings, Inc. (AVDX)

NASDAQ: AVDX · Real-Time Price · USD

9.73

-0.01 (-0.10%)

At close: May 16, 2025, 4:00 PM

9.71

-0.02 (-0.21%)

After-hours: May 16, 2025, 4:56 PM EDT

AvidXchange Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Revenue	441.28	438.94	380.72	316.35	248.41	185.93	Upgrade
Revenue Growth (YoY)	10.46%	15.29%	20.35%	27.35%	33.61%	24.30%	Upgrade
Cost of Revenue	122.24	121.78	121.31	117.86	100.09	83.76	Upgrade
Gross Profit	319.05	317.16	259.41	198.49	148.32	102.17	Upgrade
Selling, General & Admin	187.82	182.01	179.3	164.81	159.76	88.51	Upgrade
Research & Development	100.59	101.11	97.56	83.91	65.15	44.5	Upgrade
Operating Expenses	324.05	319.41	312.77	281.56	255.64	160.52	Upgrade
Operating Income	-5.01	-2.25	-53.36	-83.08	-107.32	-58.35	Upgrade
Interest Expense	-10	-11.33	-13.52	-20.75	-20.11	-20.08	Upgrade
Interest & Investment Income	20.55	22.97	20.89	7.16	0.66	1.68	Upgrade
Other Non Operating Income (Expenses)	-	-	-	-	-26.13	-7.54	Upgrade
EBT Excluding Unusual Items	5.55	9.39	-45.99	-96.66	-152.9	-84.29	Upgrade
Merger & Restructuring Charges	-2.81	-1.16	-1.88	-1.53	-	-	Upgrade
Asset Writedown	-1.12	-1.28	-	-2.78	-1.41	-0.92	Upgrade
Other Unusual Items	-	-	-	-	-50	-15.8	Upgrade
Pretax Income	3.73	9.07	-46.13	-100.96	-204.31	-101.01	Upgrade
Income Tax Expense	1.89	0.92	1.2	0.32	-4.66	0.23	Upgrade
Net Income	1.84	8.15	-47.33	-101.28	-199.65	-101.25	Upgrade
Preferred Dividends & Other Adjustments	-	-	-	-	24.64	65.1	Upgrade
Net Income to Common	1.84	8.15	-47.33	-101.28	-224.29	-166.34	Upgrade
Shares Outstanding (Basic)	206	206	202	198	85	50	Upgrade
Shares Outstanding (Diluted)	209	209	202	198	85	50	Upgrade
Shares Change (YoY)	2.98%	3.60%	1.94%	132.83%	71.02%	16.96%	Upgrade
EPS (Basic)	0.01	0.04	-0.23	-0.51	-2.64	-3.34	Upgrade
EPS (Diluted)	0.01	0.04	-0.23	-0.51	-2.64	-3.34	Upgrade
Free Cash Flow	83.54	69.87	6.2	-31.85	-70.06	-44.83	Upgrade
Free Cash Flow Per Share	0.40	0.33	0.03	-0.16	-0.82	-0.90	Upgrade
Gross Margin	72.30%	72.26%	68.14%	62.74%	59.71%	54.95%	Upgrade
Operating Margin	-1.13%	-0.51%	-14.01%	-26.26%	-43.20%	-31.38%	Upgrade
Profit Margin	0.42%	1.86%	-12.43%	-32.02%	-90.29%	-89.47%	Upgrade
Free Cash Flow Margin	18.93%	15.92%	1.63%	-10.07%	-28.20%	-24.11%	Upgrade
EBITDA	30.64	34.04	-17.44	-50.23	-76.58	-30.83	Upgrade
EBITDA Margin	6.94%	7.75%	-4.58%	-15.88%	-30.83%	-16.58%	Upgrade
D&A For EBITDA	35.65	36.28	35.91	32.84	30.74	27.51	Upgrade
EBIT	-5.01	-2.25	-53.36	-83.08	-107.32	-58.35	Upgrade
EBIT Margin	-1.13%	-0.51%	-14.01%	-26.26%	-43.20%	-31.38%	Upgrade
Effective Tax Rate	50.56%	10.16%	-	-	-	-	Upgrade

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q