AvidXchange (AVDX) Income Statement (2021 - 2025)
Income Statement report data from Dec 31, 2021 to Jun 30, 2025 for AvidXchange (AVDX).
Reported currency: USD
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue and COGS | |||||||||||||||
Total Revenue | 111M (+2.44%) | 108M (-6.50%) | 115M (+2.37%) | 113M (+7.27%) | 105M (-0.45%) | 106M (+1.48%) | 104M (+5.45%) | 99M (+8.26%) | 91M (+4.99%) | 87M (+0.74%) | 86M (+4.57%) | 82M (+7.64%) | 77M (+7.53%) | 71M (+2.79%) | 69M |
Cost Of Revenue | 31M (+0.52%) | 31M (+0.65%) | 31M (+0.53%) | 30M (0.00%) | 30M (+0.33%) | 30M (-1.69%) | 31M (+0.26%) | 31M (+1.82%) | 30M (+2.54%) | 29M (-5.51%) | 31M (+4.35%) | 30M (+3.14%) | 29M (+4.21%) | 28M (-3.27%) | 29M |
Costof Goods And Services Sold | 31M (+0.52%) | 31M (+0.65%) | 31M (+0.53%) | 30M (0.00%) | 30M (+0.33%) | 30M (-1.69%) | 31M (+0.26%) | 31M (+1.82%) | 30M (+2.54%) | 29M (-5.51%) | 31M (+4.35%) | 30M (+3.14%) | 29M (+4.21%) | 28M (-3.27%) | 29M |
Gross Profit | 80M (+3.20%) | 77M (-9.07%) | 85M (+3.05%) | 82M (+10.21%) | 75M (-0.74%) | 75M (+2.80%) | 73M (+7.82%) | 68M (+11.46%) | 61M (+6.24%) | 57M (+4.29%) | 55M (+4.70%) | 53M (+10.38%) | 48M (+9.63%) | 43M (+7.11%) | 41M |
Operating Expenses | |||||||||||||||
Research And Development | 27M (+6.30%) | 25M (+1.24%) | 25M (-0.24%) | 25M (+0.48%) | 25M (-3.44%) | 26M (+3.85%) | 25M (+0.77%) | 25M (+0.04%) | 25M (+7.01%) | 23M (+6.40%) | 22M (-1.23%) | 22M (+9.40%) | 20M (+0.20%) | 20M (-8.44%) | 22M |
Selling General And Administrative | 57M (+9.95%) | 51M (+5.91%) | 49M (+3.67%) | 47M (+10.05%) | 43M (-3.20%) | 44M (-2.57%) | 45M (+3.25%) | 44M (-8.47%) | 48M (+11.76%) | 43M (-11.82%) | 48M (+9.51%) | 44M (+9.55%) | 40M (+12.50%) | 36M (-48.73%) | 70M |
Operating Expenses | 92M (+7.62%) | 86M (+3.69%) | 82M (+1.70%) | 81M (+5.57%) | 77M (-3.23%) | 79M (-0.15%) | 79M (+2.51%) | 78M (-4.75%) | 81M (+9.32%) | 74M (-5.34%) | 79M (+5.39%) | 75M (+8.46%) | 69M (+8.02%) | 64M (-37.07%) | 101M |
Depreciation And Amortization | 8.48M (-2.19%) | 8.67M (-0.12%) | 8.68M (-4.51%) | 9.09M (-1.30%) | 9.21M (-1.07%) | 9.31M (-0.96%) | 9.40M (+3.87%) | 9.05M (+1.91%) | 8.88M (+3.38%) | 8.59M (+1.54%) | 8.46M (+1.08%) | 8.37M (+0.84%) | 8.30M (+7.51%) | 7.72M (-8.10%) | 8.40M |
Operating Income | |||||||||||||||
Operating Income | -12.41M (+48.44%) | -8.36M | 2.38M (+90.40%) | 1.25M | -2.10M (-48.91%) | -4.11M (-34.45%) | -6.27M (-34.89%) | -9.63M (-52.98%) | -20.48M (+19.63%) | -17.12M (-27.70%) | -23.68M (+7.05%) | -22.12M (+4.09%) | -21.25M (+4.58%) | -20.32M (-66.54%) | -60.73M |
EBITDA | -3.93M | 310K (-97.23%) | 11M (+794.40%) | 1.25M (-82.42%) | 7.11M (+32.65%) | 5.36M (+71.79%) | 3.12M | -580.00K (-95.00%) | -11.60M (+35.99%) | -8.53M (-43.99%) | -15.23M (+10.68%) | -13.76M (+6.25%) | -12.95M (+2.78%) | -12.60M (-75.53%) | -51.49M |
Other Income / Expenses | |||||||||||||||
Interest Income | 4.48M (+8.21%) | 4.14M (-10.00%) | 4.60M (-21.23%) | 5.84M (-2.34%) | 5.98M (-8.84%) | 6.56M (+8.07%) | 6.07M (+19.02%) | 5.10M (-1.92%) | 5.20M (+15.04%) | 4.52M (+6.10%) | 4.26M (+109.85%) | 2.03M (+207.58%) | 660K (+200.00%) | 220K (-33.33%) | 330K |
Interest Expense | -2.01M (0.00%) | -2.01M (-2.43%) | -2.06M (-21.07%) | -2.61M (-21.39%) | -3.32M (-0.60%) | -3.34M (-2.05%) | -3.41M (-0.58%) | -3.43M (+2.08%) | -3.36M (+1.51%) | -3.31M (-39.71%) | -5.49M (+5.37%) | -5.21M (+2.76%) | -5.07M (+1.81%) | -4.98M (-2.73%) | -5.12M |
Net Interest Income | 6.49M (+5.53%) | 6.15M (-7.52%) | 6.65M (-21.30%) | 8.45M (-9.14%) | 9.30M (-6.06%) | 9.90M (+4.43%) | 9.48M (+11.14%) | 8.53M (-0.47%) | 8.57M (+9.45%) | 7.83M (-19.69%) | 9.75M (+34.67%) | 7.24M (+26.35%) | 5.73M (+10.19%) | 5.20M (-4.59%) | 5.45M |
Other Non Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -11.44M |
Net Income | |||||||||||||||
Income Before Tax | -9.94M (+59.81%) | -6.22M | 4.92M (+9.82%) | 4.48M (+700.00%) | 560K | -880.00K (-75.69%) | -3.62M (-54.52%) | -7.96M (-57.30%) | -18.64M (+17.09%) | -15.92M (-36.09%) | -24.91M (-1.54%) | -25.30M (-1.44%) | -25.67M (+2.35%) | -25.08M (-67.41%) | -76.96M |
Income Tax Expense | -480.00K | 1.09M (+336.00%) | 250K (-41.86%) | 430K (+258.33%) | 120K (-7.69%) | 130K (-84.88%) | 860K (+561.54%) | 130K (-7.14%) | 140K (+100.00%) | 70K (-36.36%) | 110K (+57.14%) | 70K (0.00%) | 70K (0.00%) | 70K | -4.86M |
Net Income From Continuing Operations | -9.46M (+29.41%) | -7.31M | 4.67M (+15.31%) | 4.05M (+820.45%) | 440K | -1.01M (-77.40%) | -4.47M (-44.75%) | -8.09M (-56.90%) | -18.77M (+17.39%) | -15.99M (-36.12%) | -25.03M (-1.34%) | -25.37M (-1.44%) | -25.74M (+2.35%) | -25.15M (-65.12%) | -72.10M |
Net Income | -9.46M (+29.41%) | -7.31M | 4.67M (+15.31%) | 4.05M (+820.45%) | 440K | -1.01M (-77.40%) | -4.47M (-44.75%) | -8.09M (-56.90%) | -18.77M (+17.39%) | -15.99M (-36.12%) | -25.03M (-1.34%) | -25.37M (-1.44%) | -25.74M (+2.35%) | -25.15M (-65.12%) | -72.10M |