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Axogen raises 2026 revenue guidance to $270M after Q1 revenue jumps 26.6% to $61.5M

Company Fundamentals
28 Apr 2026
GlobeNewsWire
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Bullish
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Axogen, Inc. reported a 26.6% revenue increase to $61.5 million in Q1 2026, driven by growth across all markets and improved gross margins. Despite a net loss of $19.6 million, adjusted net income was $4.1 million, reflecting strong operational progress. The company raised its full-year 2026 revenue guidance to at least 20% growth or $270 million and expects to be free cash flow positive. Axogen also benefited from new insurance coverage decisions and increased reimbursement rates, supporting its strategic growth plans.

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