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Apyx Medical Corporation APYX
$ 3.08 2.67%
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Quarterly report 2026-Q2
added 08-06-2026

Apyx Medical Corporation Income Statement 2025-2008 | APYX

Brief overview of profit and loss at Apyx Medical Corporation

This overview is based on financial performance over the past five years. The revenue attributed to Apyx Medical Corporation moved from 27.7 million dollars to 52.8 million dollars between the two endpoints. Across the full period, sales moved by +90.7%; the average annual rate was 13.8%. The trajectory reflects meaningful expansion of the business.

Gross profit changed from $17.5 million to $33 million (+88.8%). There was no major divergence between sales and cost of revenue. Comparing the endpoints gives gross margins of 63.2% and 62.5%. The economics of the core business remained steady.

EBITDA was −19.2 million dollars at the beginning and −5.8 million dollars at the end of the period (+69.8%). Operating performance weakened relative to revenue. At the operating-margin level, the figure shifted from −69.3% to −11%. A wider margin confirms stronger operating efficiency.

The net financial result changed from −11.9 million dollars to −11.2 million dollars. The loss narrowed, although sustainable profitability has not yet returned.

Market value was $318 million at the start and $142 million at the end. Market value lagged the financial performance.

Overall conclusion

The results present an uneven picture without one dominant signal. The positive side is supported by steady gross profitability, a stronger final result and sales growth. The most visible risks are a weaker market valuation and a low EBITDA margin. Investors should continue to monitor margins, costs, and earnings quality.

Annual Income Statement Apyx Medical Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Market Cap

142 M 123 M 45.7 M 96.6 M 440 M 318 M 258 M 287 M - - - - - - - - - -

Shares

41.1 M 35.5 M 34.6 M 34.5 M 34.3 M 34.2 M 34.1 M 33.2 M - - - - - - - 17.4 M 16.9 M -

Historical Prices

3.45 3.45 1.32 2.8 12.8 7.2 8.46 - - - - - - - - - - -

Net Income

-11.2 M -23.5 M -18.7 M -23.2 M -15.2 M -11.9 M -19.7 M 64 M -5.06 M -3.95 M -5.37 M -17.3 M -4.34 M 617 K 109 K -1.54 M 596 K -

Revenue

52.8 M 48.1 M 52.3 M 44.5 M 48.5 M 27.7 M 28.2 M 16.7 M 38.9 M 36.6 M 29.5 M 27.7 M 23.7 M 27.7 M 25.4 M - - -

Cost of Revenue

19.8 M 18.7 M 18.6 M 15.4 M 14.9 M 10.2 M 9.14 M 5.78 M 3.28 M 3.7 M 17 M 18.7 M 14.5 M 16.3 M 14.7 M 14.2 M 15.1 M -

Gross Profit

33 M 29.4 M 33.8 M 29.1 M 33.6 M 17.5 M 19.1 M 10.8 M 19.8 M 17.9 M 12.6 M 8.99 M 9.2 M 11.3 M 10.7 M 9.99 M 11.9 M -

Operating Income

-6.45 M -18.8 M -17.3 M -23.6 M -14.4 M -20.1 M -20.9 M -14.3 M -13.9 M -11.4 M -6.99 M -5.85 M -3.67 M 1.05 M -18 K -2.75 M 715 K -

Interest Expense

- -161 K 2.48 M 15 K 10 K 46 K 8 K 104 K 136 K 158 K 1.64 M -7.44 M -2.29 M -212 K 50 K 290 K -52 K -

EBITDA

-5.79 M -18.2 M -16.6 M -22.7 M -13.5 M -19.2 M -20.1 M -12.2 M -3.04 M -3.06 M -6.17 M -4.97 M -1.2 M 1.9 M 157 K -2.02 M 1.49 M -

Operating Expenses

39.5 M 48.2 M 53.7 M 52.7 M 48 M 37.6 M 40 M 23.7 M 23.5 M 21.7 M 19.5 M 14.8 M 11.2 M 10.3 M 11.5 M - - -

General and Administrative Expenses

15.8 M 18.9 M 22.2 M 20.5 M 18.6 M 33.7 M 36.2 M 21.2 M 9.68 M 10.5 M 8.97 M 6.74 M 5.07 M 4.62 M 10.3 M 4.89 M 4.66 M -

All numbers in USD currency

Quarterly Income Statement Apyx Medical Corporation

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

43.8 M 43.7 M 40.7 M 40.7 M 40.7 M 37.8 M 34.6 M 34.6 M 34.6 M 34.6 M 34.6 M 34.6 M 34.6 M 34.6 M 34.6 M 34.5 M 34.4 M 34.4 M 34.3 M 34.3 M 34.3 M 34.3 M 34.2 M 34.2 M 34.2 M 34.2 M 34.1 M 33.4 M 33.3 M 33.7 M 33.3 M 32.9 M 32.9 M 32.9 M 31.1 M 30.9 M 30.9 M 30.9 M 27.1 M 27.1 M 27.1 M 27.1 M 27.1 K 24.4 K 18.6 M 17.9 M 17.8 M 17.7 M 17.7 K 17.7 M 17.7 K 17.7 K 17.6 K 17.6 M 17.6 K 17.6 K 17.6 M 17.6 M 17.6 M 17.6 M 17.6 K

Net Income

-3.24 M -2.11 M -1.98 M -3.78 M -4.15 M - -4.7 M -6.56 M -7.58 M - -4.63 M -994 K -3.48 M - -5.76 M -5.43 M -5.94 M - -4.22 M -4.05 M -4.9 M - -3.73 M -4.69 M -1.95 M - -4.37 M -4.34 M -5.61 M -3.33 M 68.5 M -2.94 M -935 K -2.97 M -1.24 M -1.31 M -1.68 M -523 K -965 K -519 K -1.94 M -1.41 M -1.59 M -1.5 M -876 K -5.45 M -2.98 M 29 K -9.81 M -5.12 M -4.34 M -4.34 M -4.34 M 285 K 617 K 617 K 617 K -875 K 109 K 109 K 109 K

Revenue

13.9 M 12.5 M 12.9 M 11.4 M 9.43 M - 11.5 M 12.1 M 10.2 M - 12 M 13.6 M 12.1 M - 9.11 M 10.3 M 12.5 M - 11.8 M 11.2 M 3 K - 10 K 7 K 216 K 8.38 M 327 K 403 K 423 K 5.93 M 135 K - - 3.66 M 2.65 M 9.8 M 8.39 M 9.49 M 10.1 M 9.3 M 7.78 M 8.3 M 7.82 M 7.27 M 6.13 M 7.47 M 6.79 M 6.94 M 6.48 M 6.13 M 5.79 M 6.04 M 5.7 M 6.83 M 6.67 M 7.44 M 6.73 M 6.16 M 6.26 M 6.84 M 6.15 M

Cost of Revenue

5.01 M 4.56 M 4.58 M 4.29 M 3.76 M - 4.53 M 4.66 M 4.3 M - 4 M 4.29 M 4.57 M - 3.36 M 3.38 M 4.27 M - 3.78 M 3.69 M 2.78 M - 2.23 M 2.2 M 2.01 M - 2.28 M 1.98 M 2.07 M - 1.15 M 1.15 M 1.18 M - 738 K 4.76 M 4.16 M - 5 M 4.6 M 4.45 M - 4.59 M 4.13 M 3.45 M - 4.87 M 5.07 M 3.73 M - 3.54 M 3.81 M 3.54 M - 3.78 M 4.58 M 3.94 M - 3.65 M 3.8 M 3.72 M

Gross Profit

8.87 M 7.92 M 8.3 M 7.08 M 5.66 M - 6.95 M 7.49 M 5.95 M - 7.98 M 9.28 M 7.57 M - 5.76 M 6.91 M 8.22 M - 8.06 M 7.53 M 5.86 M - 4.72 M 2.09 M 2.98 M 5.56 M 5.29 M 4.67 M 3.56 M 3.56 M 2.52 M 2.54 M 2.21 M 2.7 M 1.91 M 1.57 M 777 K 4.83 M 5.06 M 4.7 M 3.32 M 3.51 M 3.23 M 3.14 M 2.67 M 2.44 M 1.92 M 1.88 M 2.76 M 2.57 M 2.25 M 2.23 M 2.15 M 2.79 M 2.89 M 2.86 M 2.8 M 2.65 M 2.61 M 3.04 M 2.43 M

Operating Income

-1.81 M -911 K -832 K -2.57 M -3.05 M - -3.64 M -5.55 M -6.62 M - -4.64 M -1.24 M -5.61 M - -5.78 M -5.98 M -5.87 M - -3.97 M -4.04 M -4.74 M - -4.37 M -6.17 M -7.49 M - -4.76 M -4.42 M -5.73 M - -2.79 M -2.93 M -2.72 M - -2.83 M -1.31 M -1.74 M - -245 K -510 K -1.99 M - -1.81 M -1.55 M -2.27 M - -2.37 M -1.75 M 58 K - -475 K -1.65 M -665 K - 282 K 240 K 396 K - 248 K 549 K 585 K

Interest Expense

- - - - - - 24 K -1 K -21 K - -19 K 543 K 234 K - 1 K 3 K 8 K - 3 K 2 K 4 K - 25 K 8 K 6 K - - - - - 30 K 38 K 34 K - -105 K 2 K 57 K - -720 K -9 K 49 K - -40 K -39 K -40 K - -41 K 1.41 M -9.63 M - -54 K -23 K -89 K - -58 K -58 K -58 K - -42 K -46 K -52 K

EBITDA

-1.41 M -709 K - - -2.91 M - - - -6.46 M - - - -5.41 M - -5.09 M -5.5 M -5.65 M - -3.29 M -3.6 M -4.52 M - -3.71 M -5.73 M -7.28 M - -4.25 M -4.11 M -5.54 M - -2.73 M -2.76 M -2.52 M - -2.66 M -1.13 M -1.56 M - -44 K -337 K -1.81 M - -1.18 M -1.13 M -2.06 M - -1.71 M -1.29 M 290 K - 145 K -1.23 M -453 K - 922 K 680 K 620 K - 925 K 1 M 814 K

Operating Expenses

10.7 M 8.84 M 9.13 M 9.66 M 8.72 M - 10.6 M 13 M 12.6 M - 12.6 M 13.2 M 13.2 M - 11.5 M 12.9 M 14.1 M - 12 M 11.6 M 10.6 M - 9.1 M 8.26 M 10.5 M - 10 M 9.1 M 9.29 M - 5.31 M 5.47 M 4.93 M - 4.75 M 6.35 M 5.96 M - 5.31 M 5.21 M 5.32 M - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

5.28 M 3.58 M 3.66 M 4.14 M 3.38 M - 4.29 M 4.84 M 4.9 M - 4.84 M 5.38 M 5.26 M - 4.67 M 4.54 M 5.46 M - 4.61 M 4.26 M 3.72 M - 2.71 M 2.19 M 3.8 M - 3.84 M 3.04 M 2.96 M - 1.9 M 2.21 M 2.11 M - 2.01 M 2.93 M 2.4 M - 2.14 M 2.02 M 2.19 M - 2.1 M 2 M 2.22 M - 2.12 M 1.6 M 1.2 M - 1.17 M 2.18 M 1.21 M - 1.1 M 1.12 M 1.02 M - 996 K 1.13 M 1.1 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company Apyx Medical Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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