Filing Flows › Artivion (AORT) › Q1 2025
Artivion (AORT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Artivion (AORT) reported revenue of $99.0M for the first quarter 2025 (Q1 2025), +2% from a year earlier and +2% from the quarter before. Operating margin was 2.2%, net loss $505K (0.5% of revenue).
Artivion, Q1 2025: revenue $99.0M (+2% year over year), operating margin 2.2%, net loss $505K, operating cash flow −$17.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $99.0M | +2% | +2% |
| Operating profit | $2.1M | — | — |
| Net earnings | −$505K | — | — |
| Operating cash flow | −$17.0M | — | — |
What changed
Revenue was $99.0M in Q1 2025, up 2% year over year and up 2% from the previous quarter. Aortic stent grafts was the largest line at 37% of revenue. Aortic stent grafts added $4.5M year over year (up 14%), 291% of the total change. Preservation services declined 23%.
Gross margin was 64.2%, down 0.4 points from a year earlier. Operating profit was $2.1M, a 2.2% margin (down 23.8 points year over year). Operating profit fell $23.2M even though revenue rose $1.5M versus a year earlier, so costs grew faster than sales. Operating expenses grew 63% against revenue growth of 2%. The fastest-growing cost line was SG&A (+78%). The quarter ended with a net loss of $505K, narrower than the previous quarter's $16.5M loss. Net interest and other expense of $4.4M was the main reason.
Operating cash flow was −$17.0M. Non-cash charges added back $5.4M of depreciation and amortization and $8.0M of share-based compensation. Working capital and other items used $29.9M. Capital expenditures of $3.6M exceeded it, leaving free cash flow of −$20.6M.
Questions
What was Artivion's revenue in the first quarter 2025?
Artivion (AORT) reported revenue of $99.0M for the first quarter 2025 (Q1 2025), +2% from a year earlier and +2% from the quarter before.
Was Artivion profitable in the first quarter 2025?
Operating profit was $2.1M (2.2% of revenue) and net loss $505K.
Source: Artivion 10-Q on SEC EDGAR.