Avita Medical, Inc. income statement
In fiscal 2025, Avita Medical, Inc. reported revenue of $71.6m, up 11.5% on the year before, operating income of −$42.5m (a -59.4% margin) and net income of −$48.6m, or −$1.74 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 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 5 | 14 | 29 | 34 | 50 | 64 | 72 | 76 |
| Cost of revenue | 1 | 1 | 3 | 6 | 6 | 8 | 9 | 13 | 14 |
| Gross profit | 0 | 4 | 11 | 23 | 28 | 42 | 55 | 59 | 62 |
| Research and development | 6 | 8 | 9 | 15 | 14 | 21 | 20 | 21 | 20 |
| Selling and marketing | 5 | 13 | 16 | 15 | 22 | 37 | 58 | 53 | 50 |
| General and administrative | 9 | 15 | 33 | 22 | 23 | 28 | 33 | 27 | 26 |
| Operating income | −14 | −26 | −43 | −27 | −28 | −43 | −57 | −43 | −35 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 5 | 5 |
| Provision for credit losses | 0 | 0 | 0 | 0 | −0 | 0 | 0 | −0 | 0 |
| Income before tax | −14 | −25 | −42 | −27 | −27 | −35 | −62 | −49 | −43 |
| Income tax | −1 | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −13 | −25 | −42 | −27 | −27 | −35 | −62 | −49 | −43 |
| Diluted EPS | $1.37 | $1.56 | $2.07 | $1.17 | $1.07 | −$1.40 | −$2.39 | −$1.74 | −$1.43 |
| Diluted shares (average) | 9m | 16m | 20m | 23m | 25m | 25m | 26m | 28m | 30m |
| EBITDA | −14 | −25 | −42 | −26 | −27 | −42 | −55 | −40 | −33 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20 | 18 | 19 | 18 | 17 | 18 | 19 | 22 |
| Cost of revenue | 3 | 2 | 3 | 3 | 3 | 3 | 4 | 4 |
| Gross profit | 16 | 16 | 16 | 15 | 14 | 14 | 16 | 18 |
| Research and development | 5 | 5 | 6 | 5 | 4 | 6 | 6 | 5 |
| Selling and marketing | 15 | 14 | 15 | 14 | 12 | 12 | 13 | 14 |
| General and administrative | 10 | 7 | 6 | 7 | 7 | 7 | 6 | 6 |
| Operating income | −14 | −10 | −12 | −11 | −9 | −10 | −9 | −7 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Provision for credit losses | −0 | −0 | −0 | 0 | −0 | 0 | 0 | 0 |
| Income before tax | −16 | −12 | −14 | −10 | −13 | −12 | −11 | −8 |
| Income tax | −0 | 0 | 0 | 0 | 0 | −0 | −0 | 0 |
| Net income | −16 | −12 | −14 | −10 | −13 | −12 | −11 | −8 |
| Diluted EPS | −$0.62 | −$0.44 | −$0.53 | −$0.38 | −$0.46 | −$0.37 | −$0.35 | −$0.25 |
| EBITDA | −14 | −10 | −11 | −11 | −9 | −10 | −8 | −6 |
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