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ARTIVION (AORT)

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Earnings summaries and quarterly performance for ARTIVION.

Recent press releases and 8-K filings for AORT.

Artivion Reports Strong Q4 and Full-Year 2025 Results, Issues Positive 2026 Guidance
AORT
Earnings
Guidance Update
New Projects/Investments
  • Artivion reported Q4 2025 adjusted revenues of $118.3 million, an 18.5% increase year-over-year, and full-year 2025 adjusted revenues of $443.6 million, representing 13% constant currency growth. Adjusted EBITDA for Q4 2025 increased 29% to $22.7 million, and for the full year, it grew 26%.
  • The company provided full-year 2026 guidance, projecting reported revenue between $486 million and $504 million, which translates to 10%-14% constant currency growth, and adjusted EBITDA between $105 million and $110 million, an 18%-22% growth over 2025.
  • Key product lines demonstrated strong constant currency growth in Q4 2025, with stent grafts up 36% and On-X up 24%. Artivion is advancing its pipeline, with AMDS PMA approval anticipated in mid-2026 and NEXUS approval expected in the second half of 2026.
  • Free cash flow for full-year 2025 was approximately $1 million, despite significant investments, including $20 million for facility purchases. Capital expenditures are projected to be approximately $50 million in 2026, up from $39 million in 2025, primarily supporting On-X capacity expansion and IT systems.
Feb 12, 2026, 9:30 PM
Artivion Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Guidance and Pipeline Updates
AORT
Earnings
Guidance Update
Product Launch
  • Artivion reported strong financial results for Q4 and full-year 2025, with total adjusted constant currency revenue growth of 13% and Adjusted EBITDA growth of 26% for the full year, achieving positive free cash flow. Q4 2025 adjusted revenues were $118.3 million, an 18.5% increase year-over-year, and Adjusted EBITDA grew 29% to $22.7 million.
  • Key product lines driving Q4 2025 growth included stent grafts (up 36% constant currency) and On-X (up 24% constant currency). The company also noted a $2.3 million adjustment to revenue in Q4 2025 for estimated Italian payback obligations from 2019-2025, which was excluded from adjusted revenue.
  • The company provided full-year 2026 guidance, expecting constant currency revenue growth between 10%-14% (reported revenue range of $486 million-$504 million) and adjusted EBITDA in the range of $105 million-$110 million (18%-22% growth over 2025).
  • Pipeline progress includes the AMDS PMA approval on track for mid-2026 and NEXUS approval expected in H2 2026, with the ARTISAN trial for ARCEVO LSA anticipating FDA approval in 2029, unlocking new market opportunities. CapEx is projected at approximately $50 million in 2026, primarily for On-X capacity expansion.
Feb 12, 2026, 9:30 PM
Artivion Reports Q4 and Full Year 2025 Results, Provides 2026 Guidance
AORT
Earnings
Guidance Update
Product Launch
  • Artivion reported Non-GAAP revenue of $118.3 million for Q4 2025 and $443.6 million for the full year 2025.
  • Adjusted EBITDA for Q4 2025 was $22.7 million, and for the full year 2025, it was $89.6 million.
  • The company provided FY 2026 revenue guidance in the range of $486 million to $504 million, representing 10% to 14% year-over-year constant currency growth.
  • FY 2026 adjusted EBITDA guidance is expected to be between $105 million and $110 million, growing 18% to 22% over FY25.
  • Artivion expects PMA approval for AMDS by mid-2026 and for Endospan's NEXUS TRIOMPHE in the second half of 2026.
Feb 12, 2026, 9:30 PM
Artivion Reports Strong Q4 and Full Year 2025 Results, Provides Positive 2026 Outlook
AORT
Earnings
Guidance Update
Product Launch
  • Artivion reported strong financial performance for Q4 and full year 2025, with total adjusted revenues of $118.3 million in Q4, up 18.5%, and $443.6 million for the full year, up 13%. Adjusted EBITDA grew 29% in Q4 and 26% for the full year.
  • Growth was primarily driven by product categories such as stent grafts, which increased 36% in Q4, and On-X revenues, which grew 24% year-over-year on a constant currency basis.
  • For 2026, the company expects constant currency revenue growth between 10%-14%, translating to a reported revenue range of $486 million-$504 million. Adjusted EBITDA is projected to be $105 million-$110 million, representing 18%-22% growth over 2025.
  • Key pipeline advancements include the AMDS PMA approval on track for mid-2026 and NEXUS approval anticipated in the second half of 2026. The ARTISAN trial for CEVO LSA is expected to complete enrollment in mid-2027, with FDA approval projected for 2029.
  • The company recorded a $2.3 million adjustment to Q4 2025 revenue due to estimated Italian government payback obligations for fiscal years 2019 through 2025.
Feb 12, 2026, 9:30 PM
Artivion Reports Strong Q4 and Full Year 2025 Results, Provides 2026 Outlook
AORT
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Artivion, Inc. reported GAAP revenue of $116.0 million for Q4 2025 and $441.3 million for the full year 2025, achieving GAAP net income of $2.4 million ($0.05 per diluted share) for Q4 2025 and $9.8 million ($0.21 per diluted share) for the full year 2025.
  • Adjusted revenue increased by 18% to $118.3 million in Q4 2025 and by 13% to $443.6 million for the full year 2025, both on an adjusted constant currency basis.
  • Adjusted EBITDA grew 29% to $22.7 million in Q4 2025 and 26% to $89.6 million for the full year 2025.
  • The company provided a 2026 financial outlook, projecting full-year revenues between $486 million and $504 million (10% to 14% growth on an adjusted constant currency basis) and adjusted EBITDA between $105 million and $110 million (18% to 22% growth).
Feb 12, 2026, 9:10 PM
Artivion Reports Strong Q4 and Full Year 2025 Financial Results and Provides 2026 Outlook
AORT
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Artivion reported strong financial performance for Q4 and full year 2025, with adjusted revenue increasing 18% to $118.3 million in Q4 2025 and 13% to $443.6 million for the full year 2025 on an adjusted constant currency basis.
  • The company achieved GAAP net income of $2.4 million ($0.05 per fully diluted share) and non-GAAP net income of $8.6 million ($0.17 per fully diluted share) in Q4 2025, a significant improvement from a net loss in Q4 2024.
  • Adjusted EBITDA grew 29% to $22.7 million in Q4 2025 and 26% to $89.6 million for the full year 2025.
  • For the full year 2026, Artivion expects revenues between $486 and $504 million and adjusted EBITDA between $105 and $110 million.
Feb 12, 2026, 9:05 PM
Artivion Presents Positive Clinical Data from NEXUS TRIOMPHE and AMDS PERSEVERE Trials
AORT
Product Launch
New Projects/Investments
  • Artivion, Inc. presented new clinical data from its NEXUS TRIOMPHE IDE trial and AMDS PERSEVERE IDE trial at the 62nd Annual Meeting of the Society of Thoracic Surgeons on February 2, 2026.
  • The 1-year data from the NEXUS TRIOMPHE trial demonstrated 94% patient survival from lesion related death and 91% freedom from disabling stroke in high-risk patients.
  • The 2-year data from the AMDS PERSEVERE trial showed positive aortic remodeling, minimal morbidity, and zero distal anastomotic new entry (DANE) tears between 1- and 2-year follow-up.
  • These trials are crucial for Artivion's product pipeline, with the AMDS PERSEVERE trial supporting a PMA application currently under FDA review and the NEXUS TRIOMPHE trial's PMA clinical module anticipated after 1-year follow-up.
Feb 2, 2026, 1:00 PM
Artivion (AORT) Highlights Strong Product Performance, Pipeline, and Financial Outlook at Stifel Healthcare Conference
AORT
Product Launch
Revenue Acceleration/Inflection
M&A
  • Artivion (AORT) is strategically focused on aortic technologies, with past acquisitions yielding a robust pipeline including seven PMAs.
  • The company is experiencing significant growth from its AMDS product, contributing to 31% organic growth in the aortic stent graft line in Q3. Additionally, the On-X mechanical heart valve business has seen 20%+ growth in recent quarters, driven by new clinical data indicating a survival advantage for mechanical valves and a $100 million market expansion opportunity in the US.
  • Artivion projects double-digit revenue growth and EBITDA growth twice as fast as revenue for many years, with an expectation to reach total company gross margins of 70% through product mix.
  • Key upcoming product launches include Nexus, with a US Total Addressable Market (TAM) of $150 million and potential revenue contribution in 2027-2028, and Arcevo, with a US TAM of $80 million, expected in 2029-2030. The company's immediate financial priorities include being positioned to acquire EndoSpan for Nexus and funding a $25 million milestone payment for AMDS PMA approval.
Nov 12, 2025, 1:00 PM
Artivion Highlights Strong Growth in Key Product Lines and Robust Pipeline at Stifel Healthcare Conference
AORT
Revenue Acceleration/Inflection
Product Launch
New Projects/Investments
  • Artivion (AORT) is experiencing accelerating revenue growth driven by its focused strategy on aortic treatments and a strong product pipeline.
  • The company reported 31% organic growth in its aortic stent graft line in Q3, largely due to the U.S. launch of AMDS, which is also seen as market-expanding for acute type A dissections. New MS-DRG 209 is expected to further improve reimbursement for complex aortic arch procedures.
  • The On-X mechanical heart valve business grew over 20% in the last two quarters, fueled by new clinical data showing a survival advantage for mechanical valves in patients aged 60 and younger compared to tissue valves. Artivion plans to target the $100 million bioprosthetic valve market with this data.
  • Artivion maintains a long-term outlook of double-digit revenue growth and EBITDA growth at twice the rate of revenue, with expectations to achieve 70% total company gross margins through product mix.
  • The company has a robust pipeline, with AMDS, Nexus, and Arcevo representing U.S. Total Addressable Markets (TAMs) of $150 million, $150 million, and $80 million respectively, with Japanese markets adding $50 million-$70 million for each.
Nov 12, 2025, 1:00 PM
Artivion Highlights Double-Digit Growth and Margin Expansion at Stifel 2025 Healthcare Conference
AORT
Revenue Acceleration/Inflection
New Projects/Investments
Guidance Update
  • Artivion projects double-digit revenue growth and EBITDA growth at twice the rate of revenue for many years, aligning with 2026 consensus estimates of 11% revenue growth and 18% adjusted EBITDA growth.
  • The company anticipates reaching 70% total company gross margins through the introduction of high-margin aortic products in the U.S., such as AMDS, which is already contributing to gross margin expansion.
  • The On-X Mechanical Heart Valve business is experiencing 20%+ growth, driven by new clinical data demonstrating a survival advantage and opening a $100 million market expansion opportunity in the U.S..
  • Artivion's product pipeline includes AMDS (US TAM $150 million), Nexus (US TAM $150 million, potential launch 2027/2028), and Arcevo (US TAM $80 million, potential launch 2029/2030), with Japanese markets adding $50 million-$70 million for each.
  • Strategic financial priorities include securing the potential acquisition of EndoSpan with a $150 million delayed draw term loan and funding a $25 million milestone payment for AMDS PMA approval, followed by aggressive debt reduction.
Nov 12, 2025, 1:00 PM