Axogen, Inc. (AXGN)

Axogen Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	94.57	35.55	27.55	31.02	15.28	32.76
Short-Term Investments	16.84	5.98	5.93	-	33.51	51.33
Cash & Short-Term Investments	111.41	41.53	33.48	31.02	48.79	84.09
Cash Growth	272.34%	24.03%	7.92%	-36.41%	-41.98%	-19.12%
Accounts Receivable	34.13	26.17	24.11	25.15	22.19	18.16
Receivables	34.13	26.17	24.11	25.15	22.19	18.16
Inventory	47.31	42.37	33.18	23.02	18.91	16.69
Prepaid Expenses	5.53	6.35	2.45	2.81	1.94	1.86
Restricted Cash	2	4	6	6	6.25	6.25
Total Current Assets	200.38	120.42	99.22	88	98.08	127.05
Property, Plant & Equipment	96.19	94.52	98.93	104.29	93.66	78.12
Other Intangible Assets	7.57	6.75	5.58	4.53	3.65	2.86
Total Assets	304.86	221.69	203.73	196.83	195.39	208.02

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	28.4	2.89	8.01	11.77	8.96	5.92
Accrued Expenses	-	18.3	20.63	17.11	13.48	16.54
Current Portion of Leases	1.98	2.37	1.97	1.55	1.31	1.83
Total Current Liabilities	30.37	23.56	30.61	30.43	23.75	24.29
Long-Term Debt	-	52.27	49.9	49.59	50.23	50.38
Long-Term Leases	18.09	16.87	19.22	21.14	20.41	20.8
Other Long-Term Liabilities	0.14	0.14	0.09	-	-	-
Total Liabilities	48.61	92.84	99.82	101.16	94.39	95.47

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.54	0.47	0.44	0.43	0.42	0.42
Additional Paid-In Capital	583.78	435.34	394.73	376.53	360.16	342.77
Retained Earnings	-328.06	-306.96	-291.26	-281.3	-259.58	-230.63
Shareholders' Equity	256.26	128.85	103.91	95.67	101	112.55
Total Liabilities & Equity	304.86	221.69	203.73	196.83	195.39	208.02

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	20.07	71.52	71.09	72.28	71.95	73.02
Net Cash (Debt)	91.35	-29.99	-37.6	-41.26	-23.16	11.07
Net Cash Growth	-	-	-	-	-	-76.79%
Net Cash Per Share	1.84	-0.65	-0.85	-0.96	-0.55	0.27
Filing Date Shares Outstanding	53.76	51.9	44.34	43.21	42.6	41.8
Total Common Shares Outstanding	53.66	47.2	44.15	43.12	42.45	41.74
Working Capital	170	96.87	68.61	57.57	74.32	102.76
Book Value Per Share	4.78	2.73	2.35	2.22	2.38	2.70
Tangible Book Value	248.69	122.1	98.33	91.13	97.35	109.69
Tangible Book Value Per Share	4.63	2.59	2.23	2.11	2.29	2.63
Land	1.09	0.73	0.73	0.73	0.73	0.73
Buildings	62.09	60.68	60.68	60.68	-	-
Machinery	27.38	27.42	23.53	21.86	9.54	9.08
Construction In Progress	1.55	1.24	1.5	3.67	63.7	45.66
Leasehold Improvements	18.15	18.06	17.98	15.35	15.48	14.95

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 28, 2026

Data Sources Report a data error