AvidXchange Inc. (AVDX)
NASDAQ: AVDX
· Real-Time Price · USD
9.90
-0.01 (-0.10%)
At close: Aug 14, 2025, 3:59 PM
9.90
0.00%
Pre-market: Aug 15, 2025, 08:45 AM EDT
AvidXchange Income Statement
Financials in USD. Fiscal
year is
January - December.
Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 446.72M | 441.28M | 438.94M | 427.57M | 413.47M | 399.5M | 380.72M | 362.83M | 346.56M | 331.97M | 316.35M | 299.44M | 282.2M | 264.4M | 248.41M | 232.01M | 214.43M | 198.09M |
Cost of Revenue | 122.76M | 131.44M | 140.3M | 149.95M | 150.28M | 140.87M | 130.7M | 121.65M | 120.77M | 119.53M | 117.86M | 115.42M | 111.33M | 105.36M | 100.09M | 93.46M | 88.64M | 85.91M |
Gross Profit | 323.96M | 309.84M | 298.64M | 277.62M | 263.19M | 258.63M | 250.02M | 241.18M | 225.79M | 212.44M | 198.49M | 184.02M | 170.88M | 159.04M | 148.32M | 138.55M | 125.79M | 112.18M |
Operating Income | -17.13M | -6.82M | -2.41M | -9.77M | -20.65M | -39.03M | -52.2M | -70.91M | -83.41M | -84.18M | -87.38M | -124.42M | -118.43M | -113.04M | -108.73M | -74.6M | -71.96M | -73.04M |
Interest Income | 19.05M | 20.55M | 22.97M | 24.45M | 23.71M | 22.94M | 20.89M | 19.08M | 16.01M | 11.46M | 7.16M | 3.23M | 1.24M | 749K | 661K | 417.52K | 995.52K | 5.35M |
Pretax Income | -6.77M | 3.73M | 9.07M | 532K | -11.9M | -31.09M | -46.13M | -67.43M | -84.77M | -91.81M | -100.96M | -153.01M | -163.23M | -159.43M | -204.31M | -159.91M | -142.31M | -143.92M |
Net Income | -8.06M | 1.84M | 8.14M | -999K | -13.14M | -32.34M | -47.33M | -67.88M | -85.16M | -92.13M | -101.28M | -148.35M | -158.51M | -154.77M | -199.65M | -160.17M | -142.63M | -149.56M |
Selling & General & Admin | 203.5M | 189.51M | 182.06M | 178.62M | 175.49M | 180.69M | 179.45M | 182.78M | 183.32M | 175.95M | 169.12M | 190.71M | 178.11M | 168.01M | 159.76M | 127.89M | 118.33M | 109.55M |
Research & Development | 102.56M | 100.59M | 101.11M | 100.98M | 100.61M | 100.34M | 97.56M | 94.34M | 91.59M | 86.95M | 83.91M | 84.1M | 77.77M | 71.29M | 65.15M | 55.57M | 50.95M | 47.95M |
Other Expenses | 8.8M | 8.8M | 8.8M | -8.59M | -8.59M | -8.59M | n/a | 17.04M | 25.41M | 33.71M | 32.84M | 33.63M | 33.42M | 25.12M | -32.59M | -35.06M | -36.27M | -36.27M |
Operating Expenses | 315.15M | 299.19M | 292.26M | 287.39M | 283.84M | 297.65M | 302.22M | 312.09M | 309.2M | 296.62M | 285.86M | 307.6M | 288.47M | 270.67M | 255.64M | 212.57M | 197.18M | 187.24M |
Interest Expense | 4.67M | 10M | 11.33M | 12.69M | 13.5M | 13.54M | 13.52M | 15.59M | 17.38M | 19.09M | 20.75M | 20.38M | 20.05M | 20.06M | 20.11M | 20.05M | 20.21M | 15.13M |
Selling & Marketing Expenses | 88.41M | 85.3M | 82.53M | 79.38M | 77.01M | 77.13M | 77.52M | 78.75M | 80.26M | 80.63M | 77.73M | 77.69M | 73.57M | 67.67M | 63.94M | 56.81M | 52.45M | 49.61M |
Cost & Expenses | 445.63M | 438.36M | 440.27M | 436.25M | 434.13M | 438.52M | 432.92M | 433.74M | 429.97M | 416.15M | 403.73M | 423.02M | 399.8M | 376.03M | 355.73M | 306.03M | 285.82M | 273.15M |
Income Tax Expense | 1.29M | 1.89M | 921K | 1.53M | 1.23M | 1.25M | 1.2M | 453K | 388K | 322K | 321K | -4.66M | -4.72M | -4.66M | -4.66M | 262.41K | 318.41K | 244.01K |
Shares Outstanding (Basic) | 206.93M | 205.02M | 205.22M | 207.24M | 207.03M | 204.9M | 203.52M | 202.53M | 201.56M | 199.9M | 199.04M | 198.23M | 197.86M | 197.02M | 175.4M | 191.35M | 191.35M | 168.08M |
Shares Outstanding (Diluted) | 206.93M | 205.02M | 207.25M | 209.02M | 210.37M | 204.9M | 203.52M | 202.53M | 201.56M | 199.9M | 199.04M | 198.23M | 197.86M | 197.02M | 175.4M | 191.35M | 191.35M | 168.08M |
EPS (Basic) | -0.05 | 0.00 | 0.04 | -0.01 | -0.06 | -0.16 | -0.24 | -0.34 | -0.43 | -0.47 | -0.52 | -0.8 | -0.86 | -0.84 | -1.13 | -0.91 | -0.83 | -1.34 |
EPS (Diluted) | -0.05 | 0.00 | 0.04 | -0.01 | -0.06 | -0.16 | -0.24 | -0.34 | -0.43 | -0.47 | -0.52 | -0.8 | -0.86 | -0.84 | -1.13 | -0.91 | -0.83 | -1.34 |
EBITDA | 32.82M | 49.37M | 56.68M | 50.22M | 38.56M | 19.08M | 3.3M | -16.86M | -33.11M | -39.01M | -47.37M | -99.84M | -110.59M | -106.5M | -157M | -113.37M | -97.43M | -106.02M |
EBIT | 9.85M | 13.73M | 20.4M | 13.22M | 1.6M | -17.55M | -32.61M | -51.83M | -67.4M | -72.72M | -80.21M | -132.62M | -143.18M | -139.37M | -184.2M | -139.86M | -122.1M | -129.01M |
Depreciation & Amortization | 34.92M | 35.65M | 36.28M | 37M | 36.96M | 36.63M | 35.91M | 34.97M | 34.29M | 33.71M | 32.84M | 32.79M | 32.59M | 31.38M | 30.74M | 29.11M | 27.9M | 27.72M |