Bioventus Inc. income statement
In fiscal 2025, Bioventus Inc. reported revenue of $568m, down 0.9% on the year before, operating income of $54.0m (a 9.5% margin) and net income of $22.7m, or $0.33 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 340 | 321 | 431 | 512 | 512 | 573 | 568 | 586 |
| Cost of revenue | 91 | 88 | 128 | 181 | 184 | 185 | 180 | 183 |
| Gross profit | 249 | 234 | 303 | 331 | 328 | 388 | 388 | 402 |
| Research and development | 11 | 11 | 19 | 24 | 13 | 14 | 12 | 12 |
| Selling, general and administrative | 198 | 193 | 254 | 332 | 304 | 344 | 314 | 327 |
| Operating income | 31 | 21 | 12 | −167 | −82 | −15 | 54 | 57 |
| Income before tax | 10 | 16 | 9 | −189 | −121 | −52 | 26 | 40 |
| Income tax | 2 | 1 | −2 | −44 | 0 | −5 | −2 | −24 |
| Net income | 7 | 16 | 19 | −159 | −156 | −36 | 23 | 57 |
| Diluted EPS | — | — | −$0.15 | −$2.59 | −$2.49 | −$0.56 | $0.33 | $0.80 |
| Diluted shares (average) | — | — | 45m | 61m | 63m | 65m | 69m | 71m |
| EBITDA | 62 | 50 | 47 | −112 | −24 | 34 | 101 | 82 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 154 | 124 | 148 | 139 | 158 | 132 | 153 | 142 |
| Cost of revenue | 51 | 41 | 46 | 44 | 49 | 41 | 48 | 45 |
| Gross profit | 103 | 83 | 102 | 94 | 109 | 91 | 106 | 97 |
| Research and development | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 3 |
| Selling, general and administrative | 87 | 74 | 79 | 79 | 83 | 78 | 83 | 83 |
| Operating income | 8 | 5 | 18 | 11 | 19 | 8 | 19 | 10 |
| Income before tax | −0 | −3 | 10 | 5 | 14 | 5 | 15 | 6 |
| Income tax | 1 | −0 | 1 | 1 | −3 | 1 | −21 | −1 |
| Net income | −0 | −3 | 7 | 3 | 15 | 3 | 33 | 6 |
| Diluted EPS | $0.00 | −$0.04 | $0.11 | $0.05 | $0.21 | $0.04 | $0.47 | $0.08 |
| EBITDA | 20 | 17 | 20 | 13 | 31 | 20 | 20 | 11 |
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