Mimedx Group, Inc. income statement
In fiscal 2025, Mimedx Group, Inc. reported revenue of $419m, up 20.0% on the year before, operating income of $63.9m (a 15.3% margin) and net income of $48.6m, or $0.32 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 | 2010Dec 2010 | 2011Dec 2011 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 8 | 222 | 321 | 359 | 299 | 248 | 242 | 268 | 321 | 349 | 419 | 304 |
| Cost of revenue | — | — | 31 | 35 | 36 | 43 | 39 | 40 | 48 | 55 | 60 | 73 | 69 |
| Gross profit | — | 4 | 191 | 286 | 323 | 256 | 209 | 202 | 220 | 267 | 289 | 346 | 235 |
| Research and development | 3 | 3 | 14 | 18 | 16 | 11 | 12 | 10 | 13 | 13 | 12 | 15 | 14 |
| Selling, general and administrative | 7 | 10 | 173 | 220 | 259 | 198 | 181 | 195 | 209 | 211 | 225 | 266 | 244 |
| Operating income | −11 | −10 | 1 | 46 | −4 | −21 | −45 | −7 | −15 | 37 | 59 | 64 | −25 |
| Interest expense | 1 | 0 | 0 | — | — | — | — | — | 5 | 7 | 4 | 2 | — |
| Net interest income | — | — | −0 | −0 | 1 | −5 | −8 | −5 | −5 | −6 | — | — | — |
| Income before tax | −11 | −10 | 1 | 45 | −3 | −26 | −62 | −12 | −20 | 31 | 57 | 66 | −22 |
| Income tax | 0 | 0 | 0 | −20 | 27 | −0 | −12 | 0 | 0 | −37 | 15 | 18 | −3 |
| Net income | −11 | −10 | 0 | 65 | −30 | −26 | −49 | −10 | −30 | 58 | 42 | 49 | −19 |
| Diluted EPS | −$0.19 | −$0.14 | $0.00 | $0.56 | −$0.28 | −$0.24 | −$0.77 | −$0.15 | −$0.33 | $0.37 | $0.28 | $0.32 | −$0.13 |
| Diluted shares (average) | — | 72m | 113m | 116m | 106m | 107m | 108m | 110m | 113m | 146m | 149m | 150m | 148m |
| EBITDA | −10 | −9 | 4 | 50 | 2 | −15 | −40 | −3 | −11 | 41 | 65 | 79 | −11 |
| 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 | 93 | 88 | 99 | 114 | 118 | 59 | 64 | 62 |
| Cost of revenue | 17 | 17 | 19 | 19 | 19 | 17 | 20 | 13 |
| Gross profit | 76 | 72 | 80 | 95 | 99 | 42 | 44 | 50 |
| Research and development | 4 | 3 | 3 | 4 | 5 | 4 | 3 | 3 |
| Selling, general and administrative | 61 | 60 | 64 | 69 | 73 | 53 | 60 | 58 |
| Operating income | 11 | 8 | 12 | 22 | 21 | −16 | −18 | −12 |
| Interest expense | 1 | 0 | 0 | 0 | 0 | 0 | — | — |
| Income before tax | 11 | 9 | 13 | 23 | 22 | −15 | −18 | −11 |
| Income tax | 4 | 2 | 3 | 6 | 7 | −4 | −3 | −2 |
| Net income | 7 | 7 | 10 | 17 | 15 | −11 | −15 | −9 |
| Diluted EPS | $0.05 | $0.05 | $0.06 | $0.11 | $0.10 | −$0.07 | −$0.10 | −$0.06 |
| EBITDA | 15 | 9 | 13 | 23 | 34 | −16 | −18 | −11 |
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