Filing Flows › Artivion (AORT) › Q2 2025
Artivion (AORT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Artivion (AORT) reported revenue of $113M for the second quarter 2025 (Q2 2025), +15% from a year earlier and +14% from the quarter before. Operating margin was 7.4%, net earnings $1.3M (1.2% of revenue).
Artivion, Q2 2025: revenue $113M (+15% year over year), operating margin 7.4%, net earnings $1.3M, operating cash flow $15.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $113M | +14% | +15% |
| Gross profit | $73.1M | +15% | +15% |
| Operating profit | $8.4M | +291% | +29% |
| Net earnings | $1.3M | — | — |
| Operating cash flow | $15.0M | — | +145% |
| Free cash flow | $11.7M | — | +224% |
What changed
Revenue was $113.0M in Q2 2025, up 15% year over year and up 14% from the previous quarter. Aortic stent grafts was the largest line at 35% of revenue. Aortic stent grafts added $7.7M year over year (up 24%), 51% of the total change.
Gross margin was 64.7%, up 0.1 points from a year earlier. Operating profit was $8.4M, a 7.4% margin (up 0.8 points year over year). Of the extra revenue versus a year earlier, 13% reached operating profit, above the 7% margin then. Operating expenses grew 14% against revenue growth of 15%. The fastest-growing cost line was SG&A (+17%). Net earnings were $1.3M. The effective tax rate was 61.4%.
Operating cash flow was $15.0M (up 145% year over year), 1116% of net earnings. Non-cash charges added back $5.5M of depreciation and amortization and $6.1M of share-based compensation. Working capital and other items added $2.0M. Capital expenditures of $3.3M left free cash flow of $11.7M.
Questions
What was Artivion's revenue in the second quarter 2025?
Artivion (AORT) reported revenue of $113M for the second quarter 2025 (Q2 2025), +15% from a year earlier and +14% from the quarter before.
Was Artivion profitable in the second quarter 2025?
Operating profit was $8.4M (7.4% of revenue) and net earnings $1.3M.
Source: Artivion 10-Q on SEC EDGAR.