AvidXchange Holdings, Inc. (AVDX)

AvidXchange Holdings Revenue by Segment

Period Ending	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Payment	316.69M	314.19M	313.46M	304.30M	292.09M	281.13M	265.11M	250.04M
Payment Growth	8.42%	11.76%	18.24%	21.70%	22.62%	24.09%	23.98%	25.13%
Software	125.44M	122.43M	121.18M	119.32M	117.57M	114.90M	112.18M	109.52M
Software Growth	6.70%	6.55%	8.02%	8.94%	11.29%	11.99%	12.70%	13.35%
Services	4.59M	4.66M	4.30M	3.95M	3.82M	3.46M	3.42M	3.27M
Services Growth	20.18%	34.69%	25.67%	21.01%	40.50%	22.83%	15.40%	9.27%

Operating Expense Breakdown

Period Ending	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
General and Administrative	115.09M	104.21M	99.53M	99.24M	98.48M	103.56M	101.92M	104.03M
General and Administrative Growth	16.87%	0.63%	-2.35%	-4.60%	-4.45%	8.64%	11.53%	-7.96%
Research and Development	102.56M	100.59M	101.11M	100.98M	100.61M	100.34M	97.56M	94.35M
Research and Development Growth	1.94%	0.25%	3.64%	7.03%	9.85%	15.39%	16.27%	12.18%
Sales and Marketing	88.41M	85.30M	82.53M	79.38M	77.01M	77.13M	77.52M	78.75M
Sales and Marketing Growth	14.81%	10.59%	6.46%	0.79%	-4.05%	-4.34%	-0.27%	1.36%
Depreciation and Amortization	34.92M	35.65M	36.28M	37.00M	36.96M	36.63M	35.91M	34.97M
Depreciation and Amortization Growth	-5.54%	-2.69%	1.04%	5.81%	7.80%	8.67%	9.35%	6.66%

Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.