Last quarter (Q1 2023), AvidXchange Holdings's total revenue was $86.82M, an increase of 21.94% from the same quarter last year. In Q1, AvidXchange Holdings's net income was $-15.99M. See AvidXchange Holdings’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 245.79M	$ 316.35M	$ 248.41M	$ 185.93M	$ 149.58M
Cost of Revenue	$ 58.87M	-	$ 50.00M	$ 83.75M	$ 71.13M
Gross Profit	$ 186.93M	$ 316.35M	$ 98.32M	$ 102.17M	$ 78.45M
Operating Expense	$ 217.94M	$ 403.73M	$ 257.05M	$ 176.32M	$ 147.62M
Operating Income	$ -31.02M	$ -87.38M	$ -157.32M	$ -74.15M	$ -69.16M
Net Non Operating Interest Income Expense	$ -6.40M	$ -13.59M	$ -19.45M	$ -18.41M	$ -15.88M
Other Income Expense	-	$ 7.85M	$ 26.13M	$ -8.46M	$ -8.45M
Pretax Income	$ -66.89M	$ -100.96M	$ -204.31M	$ -101.01M	$ -93.49M
Tax Provision	$ 208.00K	$ 321.00K	$ -4.66M	$ 234.00K	$ 59.82K
Earnings From Equity Interest Net Of Tax	-	-	-	-	-
Net Income Common Stockholders	$ -67.10M	$ -101.28M	$ -224.29M	$ -166.34M	$ -107.95M
Basic EPS	$ -0.34	$ -0.51	$ -2.64	$ -0.85	$ -0.66
Diluted EPS	$ -0.34	$ -0.51	$ -2.64	$ -0.85	$ -0.66
Basic Average Shares	$ 596.00M	$ 198.05M	$ 85.06M	$ 164.50M	$ 164.50M
Diluted Average Shares	$ 596.00M	$ 198.05M	$ 85.06M	$ 164.50M	$ 164.50M
Dividend Per Share	-	-	-	-	-
Total Operating Income As Reported	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-
Total Expenses	$ 276.81M	$ 403.73M	$ 307.05M	$ 260.07M	$ 218.75M
Net Income From Continuing And Discontinued Operation	$ -67.10M	$ -101.28M	$ -199.65M	$ -101.25M	$ -93.55M
Normalized Income	$ -51.11M	-	-	$ -95.07M	$ -87.38M
Interest Expense	$ 10.28M	-	-	$ 20.08M	$ 17.26M
EBIT	$ -53.29M	$ -80.21M	$ -184.20M	$ -80.93M	$ -76.23M
EBITDA	$ -27.93M	$ -46.02M	$ -152.11M	$ -53.42M	$ -53.89M

Currency in USD

AvidXchange Holdings Earnings and Revenue History

Get More with TipRanks Premium

What's Included in PREMIUM?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing