ANGIODYNAMICS INC ANGO
AngioDynamics is a dynamic, diversified medical technology company committed to expanding treatment options and improving patient outcomes and quality of life by designing, manufacturing and selling products and technologies which aid clinicians in the treatment of patients with cardiovascular disease and cancer diagnoses. Our execution strategy is built on innovative R&D, clinical and regulatory pathway expansion and customer centric sales performance.
AngioDynamics was founded in Queensbury, N.Y., U.S., in 1988 and began manufacturing and shipping product in the early 1990s. The Company is headquartered in Latham, N.Y., with manufacturing primarily out of the Queensbury facility. Initially dedicated to the research and development of products used in interventional radiology, the Company soon became well established as a producer of diagnostic catheters for non-coronary angiography and thrombolytic delivery systems.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- International
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $274.9M | $251.0M | $251.5M |
| International | $45.3M | $41.5M | $52.4M |
As the company reported it, from the “Segments and Geographic Information - Sale for Geographic Areas (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $320.2M | $292.5M | $303.9M | $338.8M | $316.2M | $291.0M | $264.2M | $270.6M | $261.7M | $269.8M |
| Cost of revenue | $145.3M | $134.8M | $149.2M | $164.5M | $150.5M | $134.2M | $113.9M | $114.6M | $117.8M | $125.8M |
| Gross profit | $174.9M | $157.7M | $154.7M | $174.2M | $165.7M | $156.8M | $150.3M | $156.0M | $143.9M | $143.9M |
| R&D | $29.4M | $26.2M | $31.5M | $29.9M | $30.7M | $36.4M | $29.7M | $28.3M | $24.3M | $24.1M |
| SG&A | $43.7M | $42.1M | $41.2M | $40.0M | $38.5M | $35.9M | $37.9M | $34.9M | $31.0M | $31.1M |
| Total operating expenses | $214.8M | $197.7M | $401.6M | $225.4M | $194.2M | $192.1M | $317.4M | $165.4M | $158.0M | $155.1M |
| Operating income | -$39.9M | -$40.0M | -$192.4M | -$51.2M | -$28.5M | -$35.3M | -$167.1M | -$9.4M | -$14.2M | -$11.2M |
| Interest expense | — | — | $1.6M | $2.7M | $688.0K | $861.0K | $907.0K | $5.1M | $3.1M | $2.8M |
| Pre-tax income | -$36.3M | -$34.0M | -$191.6M | -$54.4M | -$29.9M | -$36.1M | -$168.1M | -$14.7M | -$17.3M | -$14.3M |
| Income tax | $442.0K | $39.0K | $7.3M | $2.0M | $3.4M | $4.5M | $1.3M | $3.6M | $11.0M | $7.2M |
| Net income | -$36.7M | -$34.0M | -$184.3M | -$52.4M | -$26.5M | -$31.5M | -$166.8M | $61.3M | $16.3M | $5.0M |
| EPS, basic | -0.88 | -0.83 | -4.59 | -1.33 | -0.68 | -0.82 | -4.39 | 1.64 | 0.44 | 0.14 |
| EPS, diluted | -0.88 | -0.83 | -4.59 | -1.33 | -0.68 | -0.82 | -4.39 | 1.64 | 0.44 | 0.14 |
| Shares, diluted (wtd. avg.) | 41.5M | 40.9M | 40.2M | 39.5M | 39.0M | 38.3M | 38.0M | 37.5M | 37.1M | 36.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $53.9M | $55.9M | $76.1M | $44.6M | $28.8M | $48.2M | $54.4M | $227.6M | $74.1M | $47.5M |
| Short-term investments | — | — | — | — | — | — | — | $0 | $1.3M | $1.2M |
| Receivables | $48.3M | $42.9M | $43.6M | $52.8M | $52.3M | $35.4M | $31.3M | $43.6M | $39.4M | $44.5M |
| Inventory | $52.4M | $62.0M | $60.6M | $55.3M | $51.4M | $48.6M | $59.9M | $40.1M | $39.3M | $54.5M |
| Total current assets | $163.4M | $168.3M | $193.3M | $163.5M | $143.3M | $140.9M | $152.9M | $315.3M | $168.0M | $153.9M |
| Property, plant and equipment | $27.1M | $32.3M | $35.7M | $44.4M | $45.0M | $37.1M | $28.3M | $24.3M | $25.7M | $45.2M |
| Goodwill | — | — | $0 | $159.2M | $201.1M | $201.3M | $200.5M | $347.7M | $361.3M | $361.3M |
| Other intangibles | $67.2M | $69.1M | $77.4M | $111.1M | $152.4M | $169.0M | $197.1M | $145.4M | $112.5M | $145.7M |
| Total assets | $267.2M | $280.1M | $317.7M | $532.6M | $552.8M | $561.4M | $594.2M | $836.4M | $705.5M | $708.0M |
| Accounts payable | $31.5M | $33.3M | $37.8M | $40.4M | $28.0M | $19.6M | $19.1M | $22.8M | $15.8M | $18.1M |
| Short-term debt | — | — | — | — | — | — | $0 | $7.5M | $5.0M | $5.0M |
| Total current liabilities | $74.7M | $76.2M | $91.2M | $83.8M | $74.3M | $57.6M | $51.4M | $73.3M | $57.3M | $71.5M |
| Long-term debt | — | — | $0 | $49.8M | $25.0M | — | — | $124.4M | $86.6M | $91.3M |
| Total liabilities | $96.3M | $97.2M | $112.1M | $154.3M | $128.3M | $122.0M | $139.3M | $221.6M | $162.9M | $192.9M |
| Retained earnings | -$465.9M | -$429.2M | -$395.2M | -$210.9M | -$158.4M | -$131.9M | -$100.3M | $66.5M | $5.1M | -$11.0M |
| Total equity | $170.8M | $183.0M | $205.6M | $378.3M | $424.5M | $439.5M | $454.9M | $614.8M | $542.6M | $515.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.1M | -$10.1M | -$28.2M | $78.0K | -$7.2M | $24.1M | -$14.6M | $37.4M | $41.3M | $55.7M |
| Depreciation and amortisation | $10.5M | $13.5M | $14.7M | $11.9M | $7.6M | $5.7M | $3.3M | $3.1M | $3.4M | $4.8M |
| Stock-based compensation | $14.0M | $9.8M | $10.5M | $11.2M | $10.7M | $8.6M | $7.6M | $9.2M | $7.9M | $6.2M |
| Capital expenditure | $2.6M | $4.5M | $2.5M | $3.8M | $4.3M | $5.2M | $7.2M | $3.1M | $2.4M | $3.0M |
| Investing cash flow | -$5.9M | -$10.2M | $123.7M | -$9.7M | -$19.3M | -$13.7M | -$63.3M | $82.6M | -$3.7M | -$2.6M |
| Financing cash flow | $564.0K | -$255.0K | -$64.2M | $25.4M | $7.7M | -$17.0M | -$95.2M | $33.9M | -$11.6M | -$38.0M |
| Buybacks | $0 | $1.7M | $0 | $0 | — | — | — | $0 | $0 | $13.6M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-048138.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $269.8M | $261.7M | $270.6M | $264.2M | $291.0M | $316.2M | $338.8M | $303.9M | $292.5M | $320.2M |
| Gross profit | $143.9M | $143.9M | $156.0M | $150.3M | $156.8M | $165.7M | $174.2M | $154.7M | $157.7M | $174.9M |
| Net income | $5.0M | $16.3M | $61.3M | -$166.8M | -$31.5M | -$26.5M | -$52.4M | -$184.3M | -$34.0M | -$36.7M |
Recent filings and events
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3841
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| SYK | STRYKER CORP | $117.81B | 36.6x | 11.2% |
| MMM | 3M CO | $89.46B | 28.9x | 1.5% |
| BSX | BOSTON SCIENTIFIC CORP | $66.22B | 23.6x | 19.9% |
| BDX | BECTON DICKINSON & CO | $54.18B | 34.2x | 8.2% |
| RMD | RESMED INC | $36.48B | 24.2x | 9.9% |
| DXCM | DEXCOM INC | $29.41B | 37.3x | 15.6% |
| MDLN | Medline Inc. | $29.20B | — | 11.5% |
| WST | WEST PHARMACEUTICAL SERVICES INC | $27.60B | 57.8x | 6.3% |