Feed / AXGN

Axogen, Inc.

AXGN

Healthcare · 42.17 +0.8% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Axogen, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Company+0.8% todayVolume comparison unavailable
Market group0 of 2 activePeripheral Nerve Repair · unavailable
Disclosed network0 of 0 confirmingRelationship data unavailable
What would change this read
  • AXGN's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if AXGN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Healthcare · Medical Devices

No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • AXGN's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements54
Verified relationships0
Evidence supporting the case
  • Latest annual revenue changed +20.2% year over year.
Evidence challenging the case
  • Operating margin changed -1.7 percentage points in the latest annual period.
  • Net margin changed -1.7 percentage points in the latest annual period.
  • Diluted shares increased 4.1% in the latest annual period.
  • Credit and interest rates has repeated adverse evidence across 4 filings.
Questions before a position
  • EV/sales is 188% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

42.17
6m+37.6%12m+160.0%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$127.4M+13.4%$-0.65+3.1%
2022-12-31$138.6M+8.8%$-0.69+2.1%
2023-12-31$159.0M+14.7%$-0.51+1.9%
2024-12-31$187.3M+17.8%$-0.23+3.2%
2025-12-31$225.2M+20.2%$-0.34+4.1%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 4 filings
Net Cash Provided by Financing Activities Net cash provided by financing activities was $59,505 and $2,382 for the three months ended March 31, 2026 and 2025, respectively, an increase of $57,123 primarily as a result of net proceeds from the Offering and pro…
10-Q · Apr 28, 2026
Capital investment and capacitypositive · 1 filings
The favorable change in net cash used in investing activities of $4,980 was primarily due to the increase in proceeds from the sale of investments, net of investment purchases, totaling $6,050, partially offset by a net increase in capital expenditures of $64…
10-K · Feb 24, 2026
Demand and volumemixed · 1 filings
With the discontinuation of the case stock program for Avance ® Nerve Graft and the transition of some customers to direct orders, where revenue is recognized upon shipment or delivery, we estimate our revenue for the nine months ended September 30, 2025 was…
10-Q · Oct 29, 2025
Product pipeline and R&Dnegative · 1 filings
BLA approval-related stock compensation expenses included $749 in sales and marketing, $4,600 in research and development, and $1,887 in general and administrative.
10-K · Feb 24, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 8.6× · EV/sales 8.7×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

42.17+0.8% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for AXGN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for AXGN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind AXGN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

AXGN is currently a Early Follower in the organic co-movement group Peripheral Nerve Repair. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.

This group is retained as the last observed read for AXGN; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.