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MiMedx reports Q3 2026 sales decline but sees surgical growth and returns to positive EBITDA.

Company Fundamentals
28 Oct 2026, 23:03 WIB
GlobeNewsWire
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Neutral
MiMedx reports Q3 2026 sales decline but sees surgical growth and returns to positive EBITDA.

MiMedx Group, Inc. reported a 45% drop in Q3 2026 net sales to $62 million due to a 71% decline in wound care sales, impacted by Medicare reimbursement changes. However, surgical product sales grew 9%, driving mid-teens volume growth in the surgical franchise which now accounts for nearly two-thirds of net sales. The company returned to positive Adjusted EBITDA and improved its GAAP net loss sequentially, reflecting cost reductions and operational efficiencies. MiMedx also secured a favorable court ruling on AXIOFILL's regulatory classification and entered a $25 million patent license agreement, while preparing for the acquisition of Sanara MedTech pending regulatory approval.

MiMedx Group's Q3 2026 results provide context for health sector activity. For readers following health stocks, 103 of 150 US health-sector stocks on Pluang rose, 46 fell as of Oct 29, 2026 03:21 WIB. Notable movers include AXGN at USD 48.98 (+30.75%, 37% Sell / 63% Buy), DNA at USD 13.33 (+18.28%, 45% Sell / 55% Buy), and NUWE at USD 6.25 (+17.26%, 74% Sell / 26% Buy).

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