Skip to main content
AvidXchange Holdings, Inc. (AVDX)
NASDAQ: AVDX · Real-Time Price · USD
10.71
+0.07 (0.66%)
Nov 20, 2024, 4:00 PM EST - Market closed

AvidXchange Holdings Revenue by Segment
Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Payment
304.30M 292.09M 281.13M 265.11M 250.04M 238.20M 226.56M 213.84M
Payment Growth
21.70% 22.62% 24.09% 23.98% 25.13% 28.51% 33.08% 35.40%
Software
119.32M 117.57M 114.90M 112.18M 109.52M 105.64M 102.60M 99.54M
Software Growth
8.94% 11.29% 11.99% 12.70% 13.35% 12.47% 12.27% 13.26%
Services
3.95M 3.82M 3.46M 3.42M 3.27M 2.72M 2.82M 2.97M
Services Growth
21.01% 40.50% 22.83% 15.40% 9.27% -6.95% 1.29% 14.38%

Operating Expense Breakdown
Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Research and Development
100.98M 100.61M 100.34M 97.56M 94.35M 91.59M 86.96M 83.91M
Research and Development Growth
7.03% 9.85% 15.39% 16.27% 12.18% 17.76% 21.98% 28.79%
General and Administrative
99.24M 98.48M 103.56M 101.92M 104.03M 103.07M 95.32M 91.38M
General and Administrative Growth
-4.60% -4.45% 8.64% 11.53% -7.96% -1.42% -5.00% -4.63%
Sales and Marketing
79.38M 77.01M 77.13M 77.52M 78.75M 80.26M 80.63M 77.73M
Sales and Marketing Growth
0.79% -4.05% -4.34% -0.27% 1.36% 9.09% 19.16% 21.57%
Depreciation and Amortization
37.00M 36.96M 36.63M 35.91M 34.97M 34.29M 33.71M 32.84M
Depreciation and Amortization Growth
5.81% 7.80% 8.67% 9.35% 6.66% 5.22% 7.43% 6.84%
Impairment
- - 162.00K - - - - -
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.