NASDAQ$AXGN

Axogen Inc. · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Axogen reported Q1 2026 revenues of $61.5M and a net loss of $19.6M.

Revenues grew 27% to $61.5 million on nerve-repair product adoption. Net loss widened to $19.6 million from $3.8 million as SG&A and R&D increased with commercial expansion.

  • Revenues $61.5M (+27% YoY).
  • Net loss $(19.6)M.
  • Peripheral nerve repair portfolio.
  • R&D and sales force investment elevated.

Headline financials

Total Revenue

$61.5M

Previous: $48.6M+26.6%
EPS (adj)

-$0.38

Previous: -$0.08-375.0%
Capital Expenditures

-$2.79M

Previous: -$256K-989.5%
Net Income

-$19.6M

Previous: -$3.83M-410.8%
Operating Income

-$2.83M

Previous: -$1.66M-70.5%
Gross Profit

$46.2M

Previous: $34.9M+32.2%

Revenue & EPS history

Axogen · Revenue · Quarterly

$61.5M

Q1 2026+26.6%vs Q1 2025
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

Med-tech outlook discusses surgeon adoption and clinical data; no revenue/EPS guide.

Tailwinds

  • Strong revenue growth.
  • Market expansion in nerve repair.
  • Procedure volume increasing.

Headwinds

  • Loss widened on operating spend.
  • Still pre-scale profitability.
  • Reimbursement and adoption risk.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.4%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+6.1%

Avg return

30 days after

52%

33 / 64 earnings

Positive

+39.1%

Q2 2024

Best reaction

-27.3%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.6%+9.9%+2.6%
Q4 2025-6.6%-10.3%-8.8%
Q3 2025+22.8%+28.6%+58.5%
Q1 2025-23.2%-33.6%-33.4%
Q4 2024+11.7%+11.1%+5.4%
Q3 2024-17.4%-13.4%-2.7%
Q2 2024+39.1%+42.2%+64.4%
Q1 2024-11.7%-11.1%+4.1%
Q4 2023-14.4%-17.4%-26.7%
Q3 2023+37.4%+27.7%+88.8%
Q2 2023-20.8%-27.9%-27.0%
Q1 2023-1.8%-4.6%-0.8%
Q4 2022+11.6%+9.2%+37.8%
Q3 2022+19.0%+21.4%+0.6%
Q2 2022+2.1%+1.2%-10.7%
Q1 2022+23.4%+17.7%+16.8%
Q4 2021+8.0%+27.1%+6.2%
Q3 2021-13.3%-6.0%-37.3%
Q2 2021-2.5%-9.5%-12.5%
Q1 2021+14.9%+13.3%-1.2%
Q4 2020+3.6%+7.0%-7.7%
Q3 2020+3.4%+10.4%+18.0%
Q2 2020+0.3%-2.3%-1.7%
Q1 2020-14.7%-9.6%+10.9%
Q4 2019-17.6%-15.8%-36.3%
Q3 2019+12.4%+13.3%+23.8%
Q2 2019-27.3%-21.8%-5.5%
Q1 2019-2.1%-5.4%-15.7%
Q4 2018+1.6%+6.7%+13.4%
Q3 2018+9.3%+12.8%-1.3%
Q2 2018-12.6%-13.1%-2.4%
Q1 2018-5.1%+5.2%+14.2%
Q4 2017+8.8%+4.5%+17.0%
Q3 2017+10.7%+15.3%+28.5%
Q2 2017-4.8%-6.4%+14.7%
Q1 2017+3.3%+3.7%+25.6%
Q4 2016-0.5%-0.5%-5.2%
Q3 2016-1.7%-10.9%-7.4%
Q2 2016+25.1%+26.2%+32.9%
Q1 2016-0.4%
Q4 2015-4.7%
Q3 2015+17.3%
Q2 2015+5.4%
Q1 2015+3.1%
Q4 2014+3.8%
Q3 2014+5.5%
Q2 2014+1.3%
Q1 2014+1.6%
Q4 2013-8.5%
Q3 2013+1.8%
Q2 2013-0.3%
Q1 2013-14.7%
Q4 2012+4.5%
Q3 2012-1.8%
Q2 2012+18.2%
Q1 2012+0.3%
Q4 2011-4.5%
Q3 2011-14.8%
Q2 2010+0.0%
Q2 2011+0.0%
Q1 2011+0.0%
Q4 2010-6.8%
Q3 2010+9.7%
Q1 2010-0.3%

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