# Axogen share price today (Axogen, Inc., AXGN)

> Axogen, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. AXGN · Healthcare · Medical Devices · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/axgn

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## Key numbers

- Price: $49.50 (+122.8% in a year)
- Revenue (Jun 2026): $69.7 M (+23.1% on a year ago)
- Profit (Jun 2026): −$1.5 M (−361.8% on a year ago)
- Operating margin: −3.1% (−6.1 points on a year ago)
- ROE: −12%, FY25
- ROIC: −2.4%, against a 10.7% cost of capital: −13.1 points

Biggest thing to watch: the price has already been rising for 2 weeks, so timing is the risk more than the business. ## What is the Axogen share price today? Axogen, Inc.'s share price was $49.50 at the close on 3 November 2026. It has been rising for 2 weeks. That is 24.5% above its average price over the last 200 trading days. In the last 52 weeks it traded between $24 and $51, and at that close it sat 93% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 2 weeks in a row. Over the last 10 years the share price moved +548% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Axogen pay? Axogen, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Axogen on? Axogen is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Axogen profitable? Axogen, Inc. posted a net loss of $1.5 M in the Jun 2026 quarter. The full FY25 year was a loss of $15.7 M. That loss is 2.2% of the quarter's revenue. The same quarter a year earlier earned $579 K. 9 of the last 12 reported quarters were loss-making. Jun 2026 profit was −$1.5 M, −361.8% on a year earlier. ## How much revenue does Axogen make, and is it growing? Axogen, Inc. reported $69.7 M of revenue in the Jun 2026 quarter, +23.1% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 15.3% a year on average. The last full year, FY25, came in at $225 M. The last four reported quarters add to $251 M. FY25 revenue was $225 M, +20.2% on the year before. Recent pace: the last four quarters grew +23.6% on average, against 15.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +23.6%, against +20.3% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does Axogen keep? Axogen, Inc.'s operating margin was −3.1% in the Jun 2026 quarter, 6.1 percentage points lower than the same quarter a year ago. Across 5 years it has been between −21.4% and −1.8%. The latest quarter is within that range. Why the margin moved: operating margin changed −6.1 percentage points on the year while gross margin changed −1.5 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Axogen's profit turning into cash? Axogen, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $812 K of operating cash against −$15.7 M of profit. After $3.7 M of spending on assets, free cash was −$2.9 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Axogen's cash go? Axogen, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $20.7 M on assets over the last 3 years. Averaged over those years that is 3.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $20.7 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Axogen's P/E ratio, and how does it compare with its own history? Axogen, Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Axogen, Inc. at 13.1× its FY25 revenue of $225 M. The P/E comes back here once profit turns positive. ## Is the Axogen business getting better or worse? Axogen, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Axogen earn on its capital? Axogen, Inc. earned a ROE of −12% in FY25. That is up from a low of −29% in FY22. Its return on capital used (ROIC) is 13.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −7.0% net margin and 1.02× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −7.0% net margin × 1.02× asset turnover × 1.72× leverage (assets divided by equity) ≈ −12.3% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −2.4% − 10.7% = −13.1 percentage points. The 10.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Axogen have too much debt? Axogen, Inc. has total debt of $20.1 M against shareholder equity of $256 M as of Jun 2026, so its debt is 0.08× its equity, which is very little. Year by year, that ratio went from 0.65 in FY21 to 0.56 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Axogen shareholding pattern? 9.4% of Axogen, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Axogen from balance-sheet trouble? For Axogen, Inc., the Z-score is 20.77. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 20.77 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Axogen rank in its industry? 42.1 out of 100, rank 24 of 30 in Medical Devices, with 64% of the evidence available. Axogen, Inc. scores 42.1 out of 100 against the 30 companies it is compared with in Medical Devices, ranking 24. Relative strength against the index is 24.5%, and revenue and profit growth are weak. The four parts add up to the total exactly: 12.2 + 4.8 + 11.5 + 13.6 = 42.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Axogen compared with? Axogen ranks 24 of 30 Medical Devices companies on the 4-Factor Sector Score, with 42.1 out of 100. 1. [DexCom, Inc.](https://www.sectoralpha.in/us/stocks/dxcm) DXCM · losing its lead · Most evidence points up · 81% evidence 74.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.0/35 · Revenue 15.5% · Profit 74.8% · Operating margin change 5.9 points · 83% evidence Capital efficiency 20.9/25 · ROCE 27.8% · Operating margin 24.3% · 76% evidence Valuation 13.6/20 · P/E 26× · PEG 0.66 · 65% evidence Relative strength 11.6/20 · Lead over its industry 2.6% · Lead over S&P 500 8.7% · 1 year 50.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 28 + 20.9 + 13.6 + 11.6 = 74.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Globus Medical, Inc.](https://www.sectoralpha.in/us/stocks/gmed) GMED · basing · Evidence leans up · 81% evidence 63.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.0/35 · Revenue 19.8% · Profit 50.1% · Operating margin change 7.5 points · 83% evidence Capital efficiency 17.5/25 · ROCE 14.6% · Operating margin 24.8% · 76% evidence Valuation 14.9/20 · P/E 20× · PEG 0.4 · 65% evidence Relative strength 3.3/20 · Lead over its industry -15.4% · Lead over S&P 500 -10.3% · 1 year -5.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 28 + 17.5 + 14.9 + 3.3 = 63.7 · What this means: Earnings are strong; relative strength in its sector is -15.4% and the one-year return is -5.1%. 3. [Boston Scientific Corporation](https://www.sectoralpha.in/us/stocks/bsx) BSX · quiet · Evidence leans up · 81% evidence 61.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.0/35 · Revenue 13.5% · Profit 46.7% · Operating margin change 4.3 points · 83% evidence Capital efficiency 16.3/25 · ROCE 11.4% · Operating margin 22.9% · 76% evidence Valuation 15.6/20 · P/E 17.3× · PEG 0.37 · 65% evidence Relative strength 4.8/20 · Lead over its industry -38.8% · Lead over S&P 500 -35.7% · 1 year -56.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 25 + 16.3 + 15.6 + 4.8 = 61.7 · What this means: Earnings are strong; relative strength in its sector is -38.8% and the one-year return is -56.5%. 4. [Haemonetics Corporation](https://www.sectoralpha.in/us/stocks/hae) HAE · leader · Evidence leans up · 81% evidence 59.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Revenue 0.3% · Profit -40.5% · Operating margin change 0 points · 83% evidence Capital efficiency 15.3/25 · ROCE 11.8% · Operating margin 17.9% · 76% evidence Valuation 13.3/20 · P/E 36.5× · PEG 0.49 · 65% evidence Relative strength 19.7/20 · Lead over its industry 36.9% · Lead over S&P 500 44.6% · 1 year 76% · 100% evidence · 12 of 12 weeks ahead Exact sum: 10.8 + 15.3 + 13.3 + 19.7 = 59.1 · What this means: Relative strength against the index is 44.6%, and revenue and profit growth are weak. 5. [Insulet Corporation](https://www.sectoralpha.in/us/stocks/podd) PODD · turning · Evidence leans up · 71% evidence 58.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 29.4% · Profit 58.6% · Operating margin change -2.5 points · 83% evidence Capital efficiency 18.9/25 · ROCE 21.3% · Operating margin 16.2% · 76% evidence Valuation 9.3/20 · P/E 28.1× · PEG n/a · 15% evidence Relative strength 6.5/20 · Lead over its industry -31% · Lead over S&P 500 -27.5% · 1 year -51.6% · 100% evidence · 1 of 12 weeks ahead Exact sum: 23.8 + 18.9 + 9.3 + 6.5 = 58.5 · What this means: Earnings are strong; relative strength in its sector is -31% and the one-year return is -51.6%. 6. [Stryker Corporation](https://www.sectoralpha.in/us/stocks/syk) SYK · basing · Evidence leans up · 81% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 8.5% · Profit 27.8% · Operating margin change 5 points · 83% evidence Capital efficiency 18.8/25 · ROCE 14.9% · Operating margin 27% · 76% evidence Valuation 11.0/20 · P/E 32.4× · PEG 1.16 · 65% evidence Relative strength 4.8/20 · Lead over its industry -15.7% · Lead over S&P 500 -10.7% · 1 year -12.8% · 100% evidence · 1 of 12 weeks ahead Exact sum: 22.6 + 18.8 + 11 + 4.8 = 57.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Glaukos Corporation](https://www.sectoralpha.in/us/stocks/gkos) GKOS · leader · Evidence leans up · 64% evidence 57.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Revenue 41.8% · Profit n/a · Operating margin change 9.8 points · 62% evidence Capital efficiency 3.9/25 · ROCE -9.7% · Operating margin -8.5% · 76% evidence Valuation 11.2/20 · P/E -98.1× · PEG n/a · 15% evidence Relative strength 19.7/20 · Lead over its industry 53.6% · Lead over S&P 500 62.8% · 1 year 177.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 22.2 + 3.9 + 11.2 + 19.7 = 57 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Medtronic plc](https://www.sectoralpha.in/us/stocks/mdt) MDT · breaking out · Evidence leans up · 85% evidence 55.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue 9.8% · Profit 12.3% · Operating margin change 0.6 points · 95% evidence Capital efficiency 14.3/25 · ROCE 9.4% · Operating margin 19.3% · 76% evidence Valuation 9.3/20 · P/E 20.9× · PEG 1.72 · 65% evidence Relative strength 12.8/20 · Lead over its industry -1.7% · Lead over S&P 500 3.9% · 1 year 7.2% · 100% evidence · 9 of 12 weeks ahead Exact sum: 19.1 + 14.3 + 9.3 + 12.8 = 55.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [STERIS plc](https://www.sectoralpha.in/us/stocks/ste) STE · basing · Evidence leans up · 81% evidence 54.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.7/35 · Revenue 8.3% · Profit 24.7% · Operating margin change 1.4 points · 83% evidence Capital efficiency 15.4/25 · ROCE 12.2% · Operating margin 19.2% · 76% evidence Valuation 12.5/20 · P/E 25.5× · PEG 1 · 65% evidence Relative strength 7.3/20 · Lead over its industry -10.1% · Lead over S&P 500 -4.9% · 1 year -12.3% · 100% evidence · 3 of 12 weeks ahead Exact sum: 19.7 + 15.4 + 12.5 + 7.3 = 54.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Edwards Lifesciences Corporation](https://www.sectoralpha.in/us/stocks/ew) EW · turning · Evidence leans up · 81% evidence 53.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.1/35 · Revenue 14.6% · Profit -75.8% · Operating margin change 1.7 points · 83% evidence Capital efficiency 18.6/25 · ROCE 14.8% · Operating margin 29.8% · 76% evidence Valuation 3.9/20 · P/E 51.8× · PEG 5.03 · 65% evidence Relative strength 13.2/20 · Lead over its industry 0.1% · Lead over S&P 500 6.2% · 1 year 14.2% · 100% evidence · 2 of 12 weeks ahead Exact sum: 18.1 + 18.6 + 3.9 + 13.2 = 53.8 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 11. [Koninklijke Philips N.V.](https://www.sectoralpha.in/us/stocks/phg) PHG · turning · Evidence leans up · 71% evidence 52.3 out of 100 Growth Capital Valuation Relative
12. [CONMED Corporation](https://www.sectoralpha.in/us/stocks/cnmd) CNMD · quiet · Evidence leans up · 81% evidence 52.2 out of 100 Growth Capital Valuation Relative
13. [Integer Holdings Corporation](https://www.sectoralpha.in/us/stocks/itgr) ITGR · losing its lead · Too little evidence to rank firmly · 56% evidence 50.8 out of 100 Growth Capital Valuation Relative
14. [iRhythm Holdings, Inc.](https://www.sectoralpha.in/us/stocks/irtc) IRTC · turning · Evidence leans down · 64% evidence 49.4 out of 100 Growth Capital Valuation Relative
15. [Butterfly Network, Inc.](https://www.sectoralpha.in/us/stocks/bfly) BFLY · quiet · Evidence leans down · 61% evidence 48.9 out of 100 Growth Capital Valuation Relative
16. [UFP Technologies, Inc.](https://www.sectoralpha.in/us/stocks/ufpt) UFPT · losing its lead · Evidence leans down · 81% evidence 48.3 out of 100 Growth Capital Valuation Relative
17. [Smith & Nephew plc](https://www.sectoralpha.in/us/stocks/snn) SNN · turning · Too little evidence to rank firmly · 51% evidence 48.1 out of 100 Growth Capital Valuation Relative
18. [LivaNova PLC](https://www.sectoralpha.in/us/stocks/livn) LIVN · turning · Evidence leans down · 64% evidence 47.6 out of 100 Growth Capital Valuation Relative
19. [GE HealthCare Technologies Inc.](https://www.sectoralpha.in/us/stocks/gehc) GEHC · turning · Evidence leans down · 81% evidence 47.3 out of 100 Growth Capital Valuation Relative
20. [Zimmer Biomet Holdings, Inc.](https://www.sectoralpha.in/us/stocks/zbh) ZBH · turning · Evidence leans down · 81% evidence 45.9 out of 100 Growth Capital Valuation Relative
21. [Bruker Corporation](https://www.sectoralpha.in/us/stocks/brkr) BRKR · turning · Evidence leans down · 71% evidence 44.9 out of 100 Growth Capital Valuation Relative
22. [Neogen Corporation](https://www.sectoralpha.in/us/stocks/neog) NEOG · turning · Evidence leans down · 67% evidence 44.8 out of 100 Growth Capital Valuation Relative
23. [Bio-Rad Laboratories, Inc.](https://www.sectoralpha.in/us/stocks/bio) BIO · leader · Evidence leans down · 71% evidence 42.5 out of 100 Growth Capital Valuation Relative
24. Axogen, Inc. this page AXGN · turning · Evidence leans down · 64% evidence 42.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.2/35 · Revenue 23% · Profit n/a · Operating margin change -6.1 points · 62% evidence Capital efficiency 4.8/25 · ROCE -4.7% · Operating margin -3.1% · 76% evidence Valuation 11.5/20 · P/E -391.4× · PEG n/a · 15% evidence Relative strength 13.6/20 · Lead over its industry 17% · Lead over S&P 500 24.5% · 1 year 110% · 100% evidence · 5 of 12 weeks ahead Exact sum: 12.2 + 4.8 + 11.5 + 13.6 = 42.1 · What this means: Relative strength against the index is 24.5%, and revenue and profit growth are weak. 25. [Establishment Labs Holdings Inc.](https://www.sectoralpha.in/us/stocks/esta) ESTA · basing · Evidence leans down · 61% evidence 40.7 out of 100 Growth Capital Valuation Relative
26. [Inspire Medical Systems, Inc.](https://www.sectoralpha.in/us/stocks/insp) INSP · breaking out · Evidence leans down · 74% evidence 39.4 out of 100 Growth Capital Valuation Relative
27. [NovoCure Limited](https://www.sectoralpha.in/us/stocks/nvcr) NVCR · quiet · Evidence leans down · 61% evidence 37.8 out of 100 Growth Capital Valuation Relative
28. [Penumbra, Inc.](https://www.sectoralpha.in/us/stocks/pen) PEN · turning · Evidence leans down · 81% evidence 35.7 out of 100 Growth Capital Valuation Relative
29. [TransMedics Group, Inc.](https://www.sectoralpha.in/us/stocks/tmdx) TMDX · quiet · Evidence leans down · 71% evidence 35.7 out of 100 Growth Capital Valuation Relative
30. [Abbott Laboratories](https://www.sectoralpha.in/us/stocks/abt) ABT · turning · Most evidence points down · 85% evidence 34.3 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Medical Devices](https://www.sectoralpha.in/us/sectors/medical-devices), all 30 compared on one page. ## Which companies are close to Axogen in size? Axogen is the 22nd largest of 75 Medical Devices companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: LivaNova PLC, Integer Holdings Corporation and iRhythm Holdings, Inc. Just below it: Neogen Corporation, TransMedics Group, Inc. and UFP Technologies, Inc. ### Medical Devices companies close in size

1. [LivaNova PLC](https://www.sectoralpha.in/us/stocks/livn) $4.4 billion
2. [Integer Holdings Corporation](https://www.sectoralpha.in/us/stocks/itgr) $4.3 billion
3. [iRhythm Holdings, Inc.](https://www.sectoralpha.in/us/stocks/irtc) $4.2 billion
4. Axogen, Inc. $3 billion
5. [Neogen Corporation](https://www.sectoralpha.in/us/stocks/neog) $2.6 billion
6. [TransMedics Group, Inc.](https://www.sectoralpha.in/us/stocks/tmdx) $2.3 billion
7. [UFP Technologies, Inc.](https://www.sectoralpha.in/us/stocks/ufpt) $2.2 billion

[All 75 Medical Devices companies, largest first](https://www.sectoralpha.in/us/sectors/medical-devices#all-companies)

### Companies close in size in other industries

1. [WisdomTree, Inc.](https://www.sectoralpha.in/us/stocks/wt) $3 billion · Asset Management
2. [DiamondRock Hospitality Company](https://www.sectoralpha.in/us/stocks/drh) $3 billion · REIT - Hotel & Motel
3. Axogen, Inc. $3 billion
4. [Via Transportation, Inc.](https://www.sectoralpha.in/us/stocks/via) $3 billion · Software - Application
5. [Gulfport Energy Corporation](https://www.sectoralpha.in/us/stocks/gpor) $3 billion · Oil & Gas Exploration & Production

## What else do people ask about Axogen? ### What is Axogen's stock price today? Axogen, Inc.'s stock price is $49.50, +122.8% over the past year. The whole company is worth $3.0 B on the market. In the last 52 weeks it traded between $24 to $51; today it is 93% of the way up from the low, 24.5% above its 200-day average (as of 3 November 2026). ### What were Axogen's latest quarterly results? Axogen, Inc. reported revenue of $69.7 M and a net loss of $1.5 M for the Jun 2026 quarter. Revenue rose 23.1% and profit fell 361.8% compared with a year earlier. Earnings per share were −$0.03. The operating margin was −3.1%, 6.1 percentage points lower than a year earlier (as of 3 November 2026). ### What is Axogen's market cap? Axogen, Inc.'s market capitalisation is $3.0 B at a stock price of $49.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Axogen performing? Axogen, Inc.'s share price has been rising for 2 weeks. In its latest quarter, revenue rose 23.1% and profit fell 361.8% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 2 weeks running (as of 3 November 2026). ### Will Axogen's stock price go up? This page does not forecast Axogen, Inc.'s stock price. What it shows instead: the stock price is $49.50, and it has been rising for 2 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Does Axogen have too much debt? No, Axogen, Inc. has little debt: its debt is 0.04× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Axogen in its business cycle? Axogen, Inc.'s FY25 operating margin was −3.5%, against a 5-year range of −21.4% to −1.8%: the middle of its own range, neither a peak nor a low. The latest quarter was −3.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Axogen story? Biggest thing to watch: the price has already been rising for 2 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Axogen a stock worth studying right now? What the numbers show: Axogen, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.