AXGN · 10-Q · 2026Q1 · Full report

Revenue Performance and Mix

Axogen, Inc. · 2026-04-28 · Importance 59 · Surprise 48

Total revenues increased 26.6% year-over-year to $61,457 for Q1 2026, driven primarily by higher unit volume and the impact of price changes. Growth was broad-based enough to lift gross profit by 32.2% to $46,189 and expanded gross margin to 75.2% of revenue. The company reports U.S. sales as the dominant contributor to revenue, with international sales limited to Canada, Germany, the U.K., Spain and other countries. The revenue increase supported higher sales and marketing spend tied to expanded headcount and commission payouts.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiverealized+21.0%Revenues for the quarter ended March 31, 2026 increased $12,897 or 26.6% compared to the quarter ended March 31, 2025