Artivion (AORT)

NYSE Health Care Health Care Equipment S&P SmallCap 600

$20.21

-5.12 (-20.21%)

Close of Nov 06, 2026 · end-of-day data

Source: Artivion's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$180.38M	$189.70M	$262.84M	$276.22M	$253.23M	$298.84M	$313.79M	$354.00M	$388.54M	$441.33M
Cost of revenue	$61.48M	$61.06M	$89.86M	$93.21M	$85.44M	$101.32M	$111.27M	$124.83M	$139.76M	$157.10M
Gross profit	$118.90M	$128.64M	$172.98M	$183.01M	$167.78M	$197.51M	$202.52M	$229.18M	$248.78M	$284.23M
Research & development	$13.45M	$19.46M	$23.10M	$22.96M	$24.21M	$35.55M	$38.88M	$28.71M	$28.45M	$30.99M
Selling, general & admin	$91.55M	$101.21M	$140.57M	$143.01M	$141.14M	$169.77M	$157.44M	$208.98M	$181.46M	$226.49M
Operating income	$21.82M	$7.97M	$9.31M	$17.04M	$2.44M	$8.12M	$6.20M	$5.74M	$38.87M	$33.74M
Interest expense	$3.00M	$4.90M	$15.80M	$14.90M	$16.70M	$16.89M	$18.22M	$25.30M	$34.28M	$26.58M
Pre-tax income	$18.41M	$3.56M	-$6.39M	$1.64M	-$17.17M	-$14.83M	-$14.98M	-$21.59M	-$7.51M	$14.78M
Income tax	$7.63M	-$143.00K	-$3.55M	-$76.00K	-$492.00K	$7.00K	$4.21M	$9.10M	$5.84M	$5.01M
Net income	$10.78M	$3.70M	-$2.84M	$1.72M	-$16.68M	-$14.83M	-$19.19M	-$30.69M	-$13.36M	$9.77M
EBITDA	$30.20M	$17.71M	$27.41M	$35.36M	$23.15M	$32.09M	$28.64M	$28.82M	$63.08M	$56.20M
EPS (basic)	$0.33	$0.11	$-0.08	$0.05	$-0.44	$-0.38	$-0.48	$-0.75	$-0.32	$0.22
EPS (diluted)	$0.32	$0.11	$-0.08	$0.05	$-0.44	$-0.38	$-0.48	$-0.75	$-0.32	$0.21
Diluted shares	32.82M	34.16M	36.41M	37.86M	37.86M	38.98M	40.03M	40.74M	41.68M	47.16M
Gross margin	65.9%	67.8%	65.8%	66.3%	66.3%	66.1%	64.5%	64.7%	64.0%	64.4%
Operating margin	12.1%	4.2%	3.5%	6.2%	1.0%	2.7%	2.0%	1.6%	10.0%	7.6%
Net margin	6.0%	2.0%	-1.1%	0.6%	-6.6%	-5.0%	-6.1%	-8.7%	-3.4%	2.2%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$56.64M	$39.98M	$41.49M	$33.77M	$61.41M	$55.01M	$39.35M	$58.94M	$53.46M	$64.91M
Receivables	$27.77M	$47.52M	$47.11M	$52.94M	$45.96M	$53.02M	$61.82M	$71.80M	$79.46M	$89.76M
Inventory	$26.29M	$46.68M	$45.48M	$53.07M	$73.04M	$76.97M	$74.48M	$81.98M	$79.77M	$92.43M
Total current assets	$147.23M	$179.28M	$179.17M	$187.39M	$234.59M	$247.70M	$247.33M	$280.67M	$290.08M	$358.08M
Goodwill	$78.29M	$188.31M	$188.78M	$186.70M	$260.06M	$250.00M	$243.63M	$247.34M	$240.96M	$254.09M
Total assets	$316.14M	$589.69M	$571.09M	$605.65M	$789.40M	$793.05M	$762.80M	$792.40M	$789.10M	$884.80M
Total current liabilities	$30.10M	$42.94M	$34.52M	$45.20M	$60.47M	$44.95M	$49.67M	$57.86M	$66.82M	$101.56M
Short-term debt	$4.56M	$718.00K	$1.16M	$1.16M	$1.20M	$1.63M	$1.61M	$1.45M	$195.00K	$0
Long-term debt	$67.01M	$218.24M	$215.72M	$214.57M	$290.47M	$307.49M	$306.50M	$305.53M	$314.15M	$215.11M
Total debt	$71.57M	$218.95M	$216.88M	$215.74M	$291.66M	$309.12M	$308.11M	$306.98M	$314.35M	$215.11M
Total liabilities	$107.16M	$312.63M	$296.02M	$319.96M	$460.69M	$492.32M	$478.47M	$510.62M	$512.90M	$436.56M
Shareholders' equity	$208.98M	$277.06M	$275.07M	$285.70M	$328.71M	$300.73M	$284.33M	$281.78M	$276.20M	$448.23M

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$19.72M	$10.80M	$9.88M	$15.83M	$12.37M	-$2.58M	-$5.15M	$18.82M	$22.24M	$39.88M
Capital expenditures	$6.20M	$6.63M	$5.79M	$8.07M	$7.33M	$13.09M	$10.71M	$9.75M	$11.19M	$39.04M
Free cash flow	$13.52M	$4.17M	$4.09M	$7.75M	$5.04M	-$15.68M	-$15.87M	$9.07M	$11.05M	$839.00K
Investing cash flow	-$78.91M	-$171.05M	-$6.71M	-$23.94M	-$73.13M	$5.66M	-$10.71M	-$502.00K	-$28.19M	-$42.04M
Financing cash flow	$73.43M	$143.25M	-$2.56M	-$1.49M	$93.61M	-$12.22M	-$1.64M	$865.00K	$2.20M	$11.28M
Stock-based compensation	$6.33M	$6.92M	$6.33M	$8.80M	$6.91M	$10.71M	$12.34M	$14.42M	$14.24M	$24.39M
Depreciation & amortization	$8.38M	$9.74M	$18.09M	$18.32M	$20.71M	$23.98M	$22.44M	$23.08M	$24.20M	$22.46M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$93.67M	$97.43M	$98.02M	$95.78M	$97.31M	$98.98M	$112.97M	$113.39M	$115.99M	$116.34M	$125.76M	$123.79M
Cost of revenue	$32.58M	$34.48M	$34.70M	$34.77M	$35.81M	$35.40M	$39.86M	$38.99M	$42.85M	$40.89M	$45.24M	$47.81M
Gross profit	$61.09M	$62.95M	$63.32M	$61.01M	$61.50M	$63.58M	$73.11M	$74.39M	$73.14M	$75.45M	$80.52M	$75.98M
Research & development	$7.64M	$6.95M	$7.50M	$6.61M	$7.40M	$6.73M	$7.06M	$8.08M	$9.12M	$8.84M	$9.05M	$9.81M
Selling, general & admin	$50.28M	$30.69M	$49.32M	$50.02M	$51.43M	$54.70M	$57.66M	$57.28M	$56.84M	$60.82M	$79.83M	$63.22M
Operating income	$3.17M	$25.31M	$6.51M	$4.39M	$2.67M	$2.15M	$8.38M	$12.54M	$10.68M	$5.79M	-$8.36M	$2.95M
Interest expense	$6.24M	$7.83M	$8.30M	$8.40M	$9.74M	$7.66M	$7.27M	$6.12M	$5.53M	$5.37M	$7.25M	$8.52M
Pre-tax income	-$591.00K	$12.78M	-$2.43M	-$1.27M	-$16.60M	-$2.29M	$3.48M	$7.06M	$6.54M	$339.00K	-$11.70M	-$5.92M
Income tax	$3.38M	$5.25M	-$306.00K	$1.02M	-$119.00K	-$1.79M	$2.14M	$554.00K	$4.11M	-$1.08M	$1.81M	$2.01M
Net income	-$3.98M	$7.53M	-$2.12M	-$2.29M	-$16.48M	-$505.00K	$1.34M	$6.50M	$2.43M	$1.42M	-$13.51M	-$7.93M
EBITDA	$8.99M	$31.22M	$12.40M	$10.50M	$8.96M	$7.59M	$13.92M	$18.25M	$16.44M	$12.13M	-$1.62M	$10.29M
EPS (basic)	$-0.10	$0.18	$-0.05	$-0.05	$-0.39	$-0.01	$0.03	$0.14	$0.06	$0.03	$-0.28	$-0.16
EPS (diluted)	$-0.10	$0.18	$-0.05	$-0.05	$-0.39	$-0.01	$0.03	$0.13	$0.05	$0.03	$-0.28	$-0.16
Diluted shares	52.00K	47.89M	41.68M	41.84M	-945.00K	42.23M	45.38M	48.77M	1.17M	49.73M	48.54M	48.72M
Gross margin	65.2%	64.6%	64.6%	63.7%	63.2%	64.2%	64.7%	65.6%	63.1%	64.9%	64.0%	61.4%
Operating margin	3.4%	26.0%	6.6%	4.6%	2.7%	2.2%	7.4%	11.1%	9.2%	5.0%	-6.7%	2.4%
Net margin	-4.2%	7.7%	-2.2%	-2.4%	-16.9%	-0.5%	1.2%	5.7%	2.1%	1.2%	-10.7%	-6.4%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$58.94M	$51.12M	$55.02M	$56.17M	$53.46M	$37.69M	$53.48M	$73.43M	$64.91M	$55.76M	$77.32M	$48.40M
Receivables	$71.80M	$74.30M	$73.89M	$75.69M	$79.46M	$87.80M	$91.44M	$88.11M	$89.76M	$91.87M	$97.93M	$94.91M
Inventory	$81.98M	$81.72M	$80.80M	$84.12M	$79.77M	$81.93M	$86.72M	$90.55M	$92.43M	$98.00M	$103.36M	$107.05M
Total current assets	$280.67M	$276.79M	$284.96M	$287.96M	$290.08M	$287.30M	$318.82M	$337.50M	$358.08M	$357.52M	$371.38M	$338.81M
Goodwill	$247.34M	$245.03M	$244.01M	$248.75M	$240.96M	$245.07M	$253.80M	$254.00M	$254.09M	$251.66M	$349.86M	$344.96M
Total assets	$792.40M	$784.01M	$789.54M	$803.14M	$789.10M	$791.16M	$838.39M	$857.66M	$884.80M	$883.16M	$1.07B	$1.04B
Total current liabilities	$57.86M	$45.83M	$50.58M	$152.84M	$66.82M	$51.94M	$66.67M	$85.84M	$101.56M	$92.70M	$106.93M	$76.66M
Short-term debt	$1.45M	$270.00K	$268.00K	$99.70M	$195.00K	$135.00K	$73.00K	$0	$0	$0	$0	$0
Long-term debt	$305.53M	$313.00M	$313.30M	$214.27M	$314.15M	$314.61M	$215.54M	$214.87M	$215.11M	$215.35M	$363.42M	$363.79M
Total debt	$306.98M	$313.27M	$313.56M	$313.97M	$314.35M	$314.75M	$215.61M	$214.87M	$215.11M	$215.35M	$363.42M	$363.79M
Total liabilities	$510.62M	$489.02M	$494.48M	$498.40M	$512.90M	$496.91M	$418.49M	$418.97M	$436.56M	$432.69M	$626.35M	$595.69M
Shareholders' equity	$281.78M	$294.99M	$295.06M	$304.74M	$276.20M	$294.25M	$419.90M	$438.69M	$448.23M	$450.47M	$445.58M	$446.40M

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$10.84M	-$5.49M	$6.13M	$11.46M	$10.14M	-$16.95M	$15.01M	$22.26M	$19.56M	$1.15M	-$1.27M	-$4.56M
Capital expenditures	$2.67M	$3.61M	$2.51M	$3.64M	$1.43M	$3.64M	$3.29M	$4.61M	$27.51M	$8.00M	$10.75M	$13.01M
Free cash flow	$8.17M	-$9.10M	$3.62M	$7.82M	$8.71M	-$20.59M	$11.72M	$17.65M	-$7.95M	-$6.85M	-$12.01M	-$17.57M
Investing cash flow	-$2.67M	-$3.61M	-$2.51M	-$10.64M	-$11.43M	-$3.64M	-$3.29M	-$4.61M	-$30.51M	-$10.50M	-$129.41M	-$13.01M
Financing cash flow	-$1.63M	$737.00K	-$181.00K	$1.47M	$174.00K	$3.94M	$2.60M	$2.32M	$2.43M	$463.00K	$152.39M	-$11.28M
Stock-based compensation	$3.96M	$3.48M	$4.25M	$3.77M	$2.74M	$8.04M	$6.12M	$6.13M	$4.08M	$8.41M	$8.16M	$6.22M
Depreciation & amortization	$5.82M	$5.91M	$5.89M	$6.11M	$6.29M	$5.45M	$5.54M	$5.72M	$5.76M	$6.34M	$6.75M	$7.34M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.