Apyx Medical (APYX) Revenue & Revenue Breakdown

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Apyx Medical Revenue Highlights

Latest Revenue (Y)

$52.35M

Latest Revenue (Q)

$16.02M

Main Segment (Y)

Advanced Energy

Main Geography (Y)

UNITED STATES

Apyx Medical Revenue by Period

Apyx Medical Revenue by Year

Date	Revenue	Change
2023-12-31	$52.35M	17.61%
2022-12-31	$44.51M	-8.26%
2021-12-31	$48.52M	75.08%
2020-12-31	$27.71M	-1.57%
2019-12-31	$28.15M	68.73%
2018-12-31	$16.69M	-57.09%
2017-12-31	$38.88M	6.16%
2016-12-31	$36.63M	24.08%
2015-12-31	$29.52M	6.64%
2014-12-31	$27.68M	16.99%
2013-12-31	$23.66M	-14.50%
2012-12-31	$27.67M	8.89%
2011-12-31	$25.41M	4.87%
2010-12-31	$24.23M	-10.10%
2009-12-31	$26.95M	-4.07%
2008-12-31	$28.10M	-2.37%
2007-12-31	$28.78M	7.88%
2006-12-31	$26.68M	31.99%
2005-12-31	$20.21M	-1.39%
2004-12-31	$20.50M	23.83%
2003-12-31	$16.55M	32.97%
2002-12-31	$12.45M	8.38%
2001-12-31	$11.48M	15.58%
2000-12-31	$9.94M	3.53%
1999-12-31	$9.60M	13.69%
1998-12-31	$8.44M	14.52%
1997-12-31	$7.37M	-1.53%
1996-12-31	$7.49M	35.59%
1995-12-31	$5.52M	-

Apyx Medical generated $52.35M in revenue during NA 2023, up 17.61% compared to the previous quarter, and up 313.73% compared to the same period a year ago.

Apyx Medical Revenue by Quarter

Date	Revenue	Change
2024-09-30	$16.02M	31.86%
2024-06-30	$12.15M	-16.44%
2024-03-31	$14.54M	-0.84%
2023-12-31	$14.66M	-8.21%
2023-09-30	$15.97M	17.72%
2023-06-30	$13.57M	11.75%
2023-03-31	$12.14M	-3.72%
2022-12-31	$12.61M	38.37%
2022-09-30	$9.11M	-11.45%
2022-06-30	$10.29M	-17.62%
2022-03-31	$12.49M	-25.74%
2021-12-31	$16.82M	42.20%
2021-09-30	$11.83M	5.41%
2021-06-30	$11.22M	29.94%
2021-03-31	$8.64M	-24.65%
2020-12-31	$11.46M	64.85%
2020-09-30	$6.95M	61.87%
2020-06-30	$4.30M	-14.03%
2020-03-31	$5.00M	-40.38%
2019-12-31	$8.38M	10.65%
2019-09-30	$7.58M	15.33%
2019-06-30	$6.57M	12.79%
2019-03-31	$5.82M	-1.74%
2018-12-31	$5.93M	61.38%
2018-09-30	$3.67M	-68.00%
2018-06-30	$11.47M	15.72%
2018-03-31	$9.92M	-12.62%
2017-12-31	$11.35M	21.41%
2017-09-30	$9.35M	-4.61%
2017-06-30	$9.80M	16.81%
2017-03-31	$8.39M	-11.64%
2016-12-31	$9.49M	-5.65%
2016-09-30	$10.06M	8.26%
2016-06-30	$9.29M	19.55%
2016-03-31	$7.78M	-6.26%
2015-12-31	$8.29M	6.02%
2015-09-30	$7.82M	7.55%
2015-06-30	$7.27M	18.70%
2015-03-31	$6.13M	-17.93%
2014-12-31	$7.47M	10.00%
2014-09-30	$6.79M	-2.26%
2014-06-30	$6.95M	7.14%
2014-03-31	$6.48M	5.78%
2013-12-31	$6.13M	5.76%
2013-09-30	$5.79M	-4.10%
2013-06-30	$6.04M	6.07%
2013-03-31	$5.70M	-16.58%
2012-12-31	$6.83M	2.35%
2012-09-30	$6.67M	-10.34%
2012-06-30	$7.44M	10.50%
2012-03-31	$6.73M	9.32%
2011-12-31	$6.16M	-1.55%
2011-09-30	$6.26M	-8.55%
2011-06-30	$6.84M	11.16%
2011-03-31	$6.15M	-1.26%
2010-12-31	$6.23M	-4.13%
2010-09-30	$6.50M	10.25%
2010-06-30	$5.90M	5.32%
2010-03-31	$5.60M	-14.30%
2009-12-31	$6.53M	2.54%
2009-09-30	$6.37M	-6.74%
2009-06-30	$6.83M	-5.34%
2009-03-31	$7.22M	1.11%
2008-12-31	$7.14M	-2.17%
2008-09-30	$7.30M	4.44%
2008-06-30	$6.99M	4.61%
2008-03-31	$6.68M	-6.96%
2007-12-31	$7.18M	-

Apyx Medical generated $16.02M in revenue during Q3 2024, up 31.86% compared to the previous quarter, and up 118.06% compared to the same period a year ago.

Apyx Medical Revenue Breakdown

Apyx Medical Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Advanced Energy	$43.38M	$36.80M	$42.98M	$22.21M	$22.68M
OEM	$8.97M	$7.71M	$5.53M	$5.50M	$5.56M

Apyx Medical's latest annual revenue breakdown by segment (product or service), as of Dec 23: Advanced Energy (82.87%), and OEM (17.13%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
OEM	$2.20M	$2.79M	$2.53M	$2.14M	$1.85M	$2.45M	$2.07M	$2.03M	$1.93M	$1.68M	$1.79M	$1.52M	$1.25M	$978.00K	$1.58M	$1.48M	$1.43M	$1.01M	$1.52M	$1.48M
Advanced Energy	$9.29M	$7.45M	$12.13M	$9.84M	$11.72M	$9.69M	$10.54M	$7.08M	$8.36M	$10.81M	$15.03M	$10.31M	$9.98M	$7.66M	$9.88M	$5.48M	$2.87M	$3.99M	$6.94M	$6.09M

Apyx Medical's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Advanced Energy (80.86%), and OEM (19.14%).

Apyx Medical Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$38.34M	$31.21M	$32.98M	$18.81M	$19.58M
Non-US	$14.00M	$13.30M	$15.54M	$8.90M	$8.65M

Apyx Medical's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (73.25%), and Non-US (26.75%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Non-US	$3.69M	$3.27M	$3.98M	$3.32M	$3.43M	$3.27M	$3.90M	$2.12M	$2.35M	$4.95M	$4.70M	$3.92M	$3.84M	$3.07M	$4.88M	$1.74M	$903.00K	$1.38M	$2.88M	$2.02M
UNITED STATES	$7.79M	$6.98M	$10.69M	$8.65M	$10.14M	$8.87M	$8.72M	$7.00M	$7.95M	$7.55M	$12.12M	$7.91M	$7.38M	$5.57M	$6.59M	$5.21M	$3.39M	$3.62M	$5.58M	$5.55M

Apyx Medical's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (67.84%), and Non-US (32.16%).

Apyx Medical Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LIVN	LivaNova	$1.15B	$318.11M
AVNS	Avanos Medical	$673.30M	$170.40M
AORT	Artivion	$354.00M	$95.78M
INGN	Inogen	$315.66M	$88.83M
ANIK	Anika Therapeutics	$166.66M	$38.75M
AXGN	AxoGen	$159.01M	$48.64M
KIDS	OrthoPediatrics	$148.73M	$52.80M
SRDX	Surmodics	$132.58M	$30.34M
SGHT	Sight Sciences	$81.06M	$20.16M
LUNG	Pulmonx	$68.67M	$20.39M
NPCE	NeuroPace	$65.42M	$21.06M
APYX	Apyx Medical	$52.35M	$16.02M
OSA	ProSomnus	$27.65M	$7.46M
OFIX	Orthofix Medical	$100.00K	$198.62M

APYX Revenue FAQ

What is Apyx Medical’s yearly revenue?

Apyx Medical's yearly revenue for 2023 was $52.35M, representing an increase of 17.61% compared to 2022. The company's yearly revenue for 2022 was $44.51M, representing a decrease of -8.26% compared to 2021. APYX's yearly revenue for 2021 was $48.52M, representing an increase of 75.08% compared to 2020.

What is Apyx Medical’s quarterly revenue?

Apyx Medical's quarterly revenue for Q3 2024 was $16.02M, a 31.86% increase from the previous quarter (Q2 2024), and a 0.29% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $12.15M, a -16.44% decrease from the previous quarter (Q1 2024), and a -10.47% decrease year-over-year (Q2 2023). APYX's quarterly revenue for Q1 2024 was $14.54M, a -0.84% decrease from the previous quarter (Q4 2023), and a 19.74% increase year-over-year (Q1 2023).

What is Apyx Medical’s revenue growth rate?

Apyx Medical's revenue growth rate for the last 3 years (2021-2023) was 7.90%, and for the last 5 years (2019-2023) was 85.94%.

What are Apyx Medical’s revenue streams?

Apyx Medical's revenue streams in c 23 are Advanced Energy, and OEM. Advanced Energy generated $43.38M in revenue, accounting 82.87% of the company's total revenue, up 17.88% year-over-year. OEM generated $8.97M in revenue, accounting 17.13% of the company's total revenue, up 16.35% year-over-year.

What is Apyx Medical’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Apyx Medical was Advanced Energy. This segment made a revenue of $43.38M, representing 82.87% of the company's total revenue.