NASDAQ : BVS
Bioventus Inc. — Financial statements
Healthcare · Medical Devices · United States
Last price 14.87 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.25B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Bioventus Inc. (BVS) reported revenue of 581.85M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 581.85M | 568.09M | 573.28M | 512.35M | 512.12M | 430.90M |
| Cost of Revenue | 182.40M | 179.93M | 185.05M | 184.15M | 181.04M | 128.19M |
| Gross Profit | 399.45M | 388.16M | 388.23M | 328.19M | 331.08M | 302.71M |
| Selling, General & Admin | 322.42M | 313.98M | 330.00M | 303.88M | 332.13M | 254.25M |
| Research & Development | 11.57M | 12.11M | 13.95M | 13.45M | 23.85M | 19.04M |
| Operating Expenses | 338.84M | 331.81M | 351.60M | 326.17M | 365.74M | 281.65M |
| Operating Income | 60.61M | 56.34M | 36.63M | 2.03M | -34.66M | 21.05M |
| Interest Expense | -19.88M | -26.49M | -38.79M | -40.68M | -18.42M | -3.84M |
| Interest & Investment Income | 6.40M | 2.73M | ||||
| Earnings From Equity Investments | -1.87M | |||||
| Currency Exchange Gain (Loss) | 3.99M | 1.98M | 1.31M | 351.00K | -250.00K | -132.00K |
| Other Non Operating Income (Expenses) | -3.43M | -3.43M | 339.00K | 939.00K | 765.00K | 1.91M |
| EBT Excluding Unusual Items | 41.29M | 28.40M | -520.00K | -37.36M | -46.16M | 19.85M |
| Merger & Restructuring Charges | -2.27M | -2.23M | 52.00K | -840.00K | -6.78M | -2.49M |
| Impairment of Goodwill | -124.70M | |||||
| Gain (Loss) on Sale of Investments | -10.29M | -7.04M | ||||
| Gain (Loss) on Sale of Assets | 1.00K | -81.00K | -292.00K | -3.58M | ||
| Asset Writedown | -36.36M | -78.61M | ||||
| Legal Settlements | -56.00K | -51.00K | -13.80M | |||
| Other Unusual Items | -326.00K | -326.00K | -1.42M | -719.00K | -1.10M | -829.00K |
| Pretax Income | 38.64M | 25.71M | -52.34M | -121.11M | -189.03M | 9.49M |
| Income Tax Expense | -22.84M | -1.56M | -5.29M | 85.00K | -44.37M | -1.97M |
| Earnings From Continuing Operations | 61.48M | 27.27M | -47.05M | -121.20M | -144.65M | 11.45M |
| Earnings From Discontinued Operations | -59.49M | -54.78M | -1.87M | |||
| Net Income to Company | 61.48M | 27.27M | -47.05M | -180.69M | -199.44M | 9.59M |
| Minority Interest in Earnings | -7.01M | -4.54M | 10.92M | 24.46M | 40.73M | 9.79M |
| Net Income | 54.46M | 22.73M | -36.12M | -156.23M | -158.70M | 19.38M |
| Preferred Dividends & Other Adjustments | 25.98M | |||||
| Net Income to Common | 54.46M | 22.73M | -36.12M | -156.23M | -158.70M | -6.60M |
| Shares Outstanding (Basic) | 67.29M | 66.62M | 64.55M | 62.65M | 61.39M | 45.47M |
| Shares Outstanding (Diluted) | 69.75M | 68.91M | 64.55M | 62.65M | 61.39M | 45.47M |
| EPS (Basic) | 0.81 | 0.34 | -0.56 | -2.49 | -2.59 | -0.15 |
| EPS (Diluted) | 0.78 | 0.33 | -0.56 | -2.49 | -2.59 | -0.15 |
| Free Cash Flow | 94.29M | 72.11M | 37.79M | 7.98M | -25.06M | 9.47M |
| Free Cash Flow Per Share | 1.35 | 1.05 | 0.58 | 0.13 | -0.41 | 0.21 |
| Gross Margin | 68.65% | 68.33% | 67.72% | 64.06% | 64.65% | 70.25% |
| Operating Margin | 10.42% | 9.92% | 6.39% | 0.40% | -6.77% | 4.88% |
| Profit Margin | 9.36% | 4.00% | -6.30% | -30.49% | -30.99% | -1.53% |
| Free Cash Flow Margin | 16.20% | 12.69% | 6.59% | 1.56% | -4.89% | 2.20% |
| EBITDA | 80.14M | 77.64M | 55.76M | 28.85M | -4.68M | 41.52M |
| EBITDA Margin | 13.77% | 13.67% | 9.73% | 5.63% | -0.91% | 9.64% |
| D&A For EBITDA | 19.54M | 21.30M | 19.14M | 26.82M | 29.97M | 20.47M |
| EBIT | 60.61M | 56.34M | 36.63M | 2.03M | -34.66M | 21.05M |
| EBIT Margin | 10.42% | 9.92% | 6.39% | 0.40% | -6.77% | 4.88% |
| Advertising Expenses | 4.14M | 4.42M | 3.85M | 5.20M | 3.87M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 29.46M | 51.24M | 41.58M | 36.96M | 30.19M | 43.93M |
| Cash & Short-Term Investments | 30.39M | 51.24M | 41.58M | 36.96M | 30.19M | 43.93M |
| Receivables | 138.41M | 128.30M | 127.39M | 123.05M | 136.56M | 125.05M |
| Inventory | 79.81M | 82.24M | 92.47M | 91.33M | 84.77M | 61.69M |
| Prepaid Expenses | 8.92M | 11.06M | 14.16M | 16.66M | 18.28M | 27.16M |
| Restricted Cash | 5.28M | |||||
| Other Current Assets | 2.78M | |||||
| Total Current Assets | 257.53M | 272.84M | 275.61M | 268.00M | 272.57M | 263.10M |
| Property, Plant & Equipment | 24.75M | 27.02M | 33.52M | 49.96M | 44.15M | 40.17M |
| Long-Term Investments | 3.51M | 2.29M | 1.89M | 3.14M | 2.62M | 29.29M |
| Goodwill | 7.46M | 7.46M | 7.46M | 7.46M | 7.46M | 147.62M |
| Other Intangible Assets | 351.05M | 368.42M | 404.73M | 482.35M | 639.85M | 695.19M |
| Long-Term Deferred Tax Assets | 29.05M | 5.52M | 4.75M | 481.00K | ||
| Other Long-Term Assets | 405.99M | 50.00M | ||||
| Total Assets | 673.35M | 683.56M | 727.96M | 810.91M | 1.37B | 1.23B |
| Accounts Payable | 20.20M | 10.93M | 23.69M | 23.04M | 36.70M | 16.91M |
| Accrued Expenses | 42.79M | 51.62M | 65.61M | 55.45M | 37.77M | 66.26M |
| Current Portion of Long-Term Debt | 18.75M | 15.00M | 27.34M | 27.85M | 33.06M | 18.04M |
| Current Portion of Leases | 4.14M | 4.21M | 3.92M | 4.82M | 3.61M | 3.50M |
| Current Income Taxes Payable | 6.16M | 5.13M | 3.87M | 4.75M | 2.57M | 8.14M |
| Other Current Liabilities | 60.41M | 73.49M | 85.98M | 59.59M | 190.31M | 68.00M |
| Total Current Liabilities | 152.45M | 160.38M | 210.40M | 175.50M | 304.02M | 180.86M |
| Long-Term Debt | 229.70M | 278.95M | 308.29M | 367.00M | 385.01M | 339.64M |
| Long-Term Leases | 11.15M | 13.19M | 16.51M | 20.96M | 14.43M | 15.04M |
| Long-Term Deferred Tax Liabilities | 568.00K | 433.00K | 564.00K | 1.21M | 2.25M | 133.52M |
| Other Long-Term Liabilities | 2.06M | 2.16M | 6.59M | 25.12M | 254.72M | 23.01M |
| Total Liabilities | 395.93M | 455.11M | 542.35M | 589.79M | 960.43M | 692.07M |
| Common Stock | 84.00K | 83.00K | 82.00K | 79.00K | 78.00K | 75.00K |
| Additional Paid-In Capital | 527.92M | 520.85M | 508.09M | 494.25M | 490.58M | 465.27M |
| Retained Earnings | -298.38M | -334.93M | -357.66M | -321.54M | -165.31M | -6.60M |
| Comprehensive Income & Other | -1.33M | -1.90M | -2.57M | 794.00K | -110.00K | 179.00K |
| Total Common Equity | 228.31M | 184.10M | 147.94M | 173.59M | 325.24M | 458.92M |
| Minority Interest | 49.11M | 44.34M | 37.66M | 47.53M | 86.98M | 74.86M |
| Shareholders' Equity | 277.41M | 228.45M | 185.60M | 221.12M | 412.22M | 533.79M |
| Total Liabilities & Equity | 673.35M | 683.56M | 727.96M | 810.91M | 1.37B | 1.23B |
| Total Debt | 263.75M | 311.35M | 356.06M | 420.62M | 436.10M | 376.22M |
| Net Cash (Debt) | -233.35M | -260.11M | -314.47M | -383.66M | -405.92M | -332.29M |
| Net Cash Per Share | -3.35 | -3.77 | -4.87 | -6.12 | -6.61 | -7.31 |
| Filing Date Shares Outstanding | 68.31M | 67.37M | 66.16M | 63.38M | 62.27M | 60.60M |
| Total Common Shares Outstanding | 68.21M | 67.10M | 65.76M | 63.27M | 62.06M | 59.55M |
| Working Capital | 105.08M | 112.46M | 65.21M | 92.50M | -31.44M | 82.24M |
| Book Value Per Share | 3.35 | 2.74 | 2.25 | 2.74 | 5.24 | 7.71 |
| Tangible Book Value | -130.20M | -191.78M | -264.25M | -316.22M | -322.07M | -383.89M |
| Tangible Book Value Per Share | -1.91 | -2.86 | -4.02 | -5.00 | -5.19 | -6.45 |
| Machinery | 44.73M | 47.40M | 44.20M | 38.07M | 29.10M | |
| Leasehold Improvements | 4.34M | 4.09M | 3.76M | 3.35M | 3.13M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 54.46M | 22.73M | -36.12M | -156.23M | -158.70M | 19.38M |
| Depreciation & Amortization | 19.54M | 21.30M | 19.14M | 26.82M | 29.97M | 20.47M |
| Other Amortization | 3.63M | 3.63M | 5.58M | 6.69M | 4.45M | 2.23M |
| Loss (Gain) From Sale of Assets | -1.00K | 81.00K | 292.00K | 3.58M | ||
| Asset Writedown & Restructuring Costs | 36.36M | 78.61M | 124.70M | |||
| Loss (Gain) From Sale of Investments | 3.89M | 1.54M | ||||
| Stock-Based Compensation | 14.92M | 12.67M | 13.27M | 2.72M | 17.59M | 19.84M |
| Provision & Write-off of Bad Debts | 558.00K | 1.26M | -434.00K | -1.10M | 5.19M | 485.00K |
| Other Operating Activities | 7.22M | 26.84M | 12.50M | 59.60M | -8.76M | -25.80M |
| Change in Accounts Receivable | -6.91M | -916.00K | -10.67M | 10.05M | -17.67M | -20.05M |
| Change in Inventory | 13.57M | 8.57M | -16.43M | -5.99M | -18.62M | 3.18M |
| Change in Accounts Payable | -8.68M | -19.81M | 17.85M | -5.28M | -3.10M | 18.21M |
| Change in Other Net Operating Assets | -1.44M | -1.68M | -2.52M | -1.97M | 9.66M | -16.49M |
| Operating Cash Flow | 96.87M | 74.67M | 38.80M | 15.34M | -13.54M | 22.99M |
| Capital Expenditures | -2.59M | -2.56M | -1.01M | -7.36M | -11.52M | -13.52M |
| Cash Acquisitions | -262.87M | |||||
| Divestitures | -686.00K | 24.68M | 34.67M | |||
| Sale (Purchase) of Intangibles | -709.00K | |||||
| Investment in Securities | -1.50M | -7.37M | ||||
| Other Investing Activities | -11.51M | -104.92M | ||||
| Investing Cash Flow | -4.09M | -3.25M | 22.96M | 15.81M | -116.44M | -283.76M |
| Long-Term Debt Issued | 76.91M | 64.00M | 104.66M | 277.45M | ||
| Total Debt Issued | 61.91M | 76.91M | 64.00M | 104.66M | 277.45M | |
| Long-Term Debt Repaid | -54.05M | -59.58M | -87.26M | -45.04M | -111.25M | |
| Total Debt Repaid | -89.80M | -54.05M | -59.58M | -87.26M | -45.04M | -111.25M |
| Net Debt Issued (Repaid) | -27.89M | 22.86M | -59.58M | -23.26M | 59.62M | 166.20M |
| Issuance of Common Stock | 1.58M | 2.07M | 2.44M | 778.00K | 5.82M | 109.41M |
| Repurchase of Common Stock | -1.35M | -9.00K | -3.35M | |||
| Other Financing Activities | -67.34M | -87.06M | 2.56M | -4.17M | -15.00K | -2.24M |
| Financing Cash Flow | -95.00M | -62.14M | -54.58M | -26.65M | 62.08M | 273.37M |
| Foreign Exchange Rate Adjustments | -1.24M | 371.00K | -2.56M | 629.00K | 521.00K | -228.00K |
| Net Cash Flow | -3.45M | 9.66M | 4.62M | 5.13M | -67.38M | 12.37M |
| Free Cash Flow | 94.29M | 72.11M | 37.79M | 7.98M | -25.06M | 9.47M |
| Free Cash Flow Margin | 16.20% | 12.69% | 6.59% | 1.56% | -4.89% | 2.20% |
| Free Cash Flow Per Share | 1.35 | 1.05 | 0.58 | 0.13 | -0.41 | 0.21 |
| Levered Free Cash Flow | 67.76M | 28.15M | 68.24M | -108.45M | 92.14M | -25.11M |
| Unlevered Free Cash Flow | 80.19M | 44.71M | 92.48M | -83.02M | 103.65M | -22.71M |
| Cash Interest Paid | 27.04M | 27.04M | 38.51M | 32.47M | 18.04M | 5.84M |
| Cash Income Tax Paid | 2.76M | 2.76M | 2.20M | 1.27M | 1.52M | 7.46M |
| Change in Working Capital | -3.46M | -13.84M | -11.78M | -3.18M | -29.73M | -15.14M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.12B | 498.30M | 686.36M | 331.83M | 161.69M | 861.26M |
| Enterprise Value | 1.35B | 838.47M | 1.09B | 775.33M | 605.08M | 1.05B |
| Last Close Price | 13.32 | 7.44 | 10.50 | 5.27 | 2.61 | 14.49 |
| PE Ratio | 17.04 | 21.92 | ||||
| Forward PE | 16.71 | 9.79 | 20.00 | 21.82 | 17.17 | 21.50 |
| PS Ratio | 1.93 | 0.88 | 1.20 | 0.65 | 0.32 | 2.00 |
| PB Ratio | 3.98 | 2.18 | 3.70 | 1.50 | 0.39 | 1.61 |
| P/FCF Ratio | 11.88 | 6.91 | 18.16 | 41.57 | 90.94 | |
| P/OCF Ratio | 11.57 | 6.67 | 17.69 | 21.63 | 37.46 | |
| PEG Ratio | 1.52 | 0.81 | 0.81 | 0.81 | 0.81 | 2.07 |
| EV/Sales Ratio | 2.33 | 1.48 | 1.90 | 1.51 | 1.18 | 2.45 |
| EV/EBITDA Ratio | 16.89 | 10.80 | 19.48 | 26.88 | 25.38 | |
| EV/EBIT Ratio | 22.34 | 14.88 | 29.66 | 382.69 | 50.07 | |
| EV/FCF Ratio | 14.36 | 11.63 | 28.75 | 97.14 | 111.28 | |
| Debt / Equity Ratio | 0.95 | 1.36 | 1.92 | 1.90 | 1.06 | 0.70 |
| Debt / EBITDA Ratio | 3.08 | 3.74 | 5.79 | 11.81 | 719.64 | 8.23 |
| Debt / FCF Ratio | 2.80 | 4.32 | 9.42 | 52.70 | 39.72 | |
| Net Debt / Equity Ratio | 0.84 | 1.14 | 1.69 | 1.74 | 0.98 | 0.62 |
| Net Debt / EBITDA Ratio | 2.91 | 3.35 | 5.64 | 13.30 | -86.70 | 8.00 |
| Net Debt / FCF Ratio | 2.48 | 3.61 | 8.32 | 48.06 | -16.20 | 35.09 |
| Asset Turnover | 0.84 | 0.81 | 0.74 | 0.47 | 0.39 | 0.50 |
| Inventory Turnover | 2.07 | 2.06 | 2.01 | 2.09 | 2.47 | 2.82 |
| Quick Ratio | 1.11 | 1.12 | 0.80 | 0.91 | 0.55 | 0.93 |
| Current Ratio | 1.69 | 1.70 | 1.31 | 1.53 | 0.90 | 1.46 |
| Return on Equity (ROE) | 25.68% | 13.17% | -23.14% | -38.27% | -30.58% | 3.38% |
| Return on Assets (ROA) | 5.49% | 4.99% | 2.97% | 0.12% | -1.67% | 1.53% |
| Return on Invested Capital (ROIC) | 12.15% | 11.40% | 6.63% | 0.29% | -4.12% | 3.73% |
| Return on Capital Employed (ROCE) | 11.60% | 10.80% | 7.10% | 0.30% | -3.20% | 2.00% |
| Earnings Yield | 5.87% | 4.56% | -5.26% | -47.08% | -98.15% | 2.25% |
| FCF Yield | 8.41% | 14.47% | 5.51% | 2.40% | -15.50% | 1.10% |
| Buyback Yield / Dilution | -5.97% | -6.77% | -3.03% | -2.05% | -35.00% | -828.01% |