ARTIVION, INC. (AORT) FY2025 10-K Annual Report

Filed: Feb 18, 2026
Health Care
Surgical & Medical Instruments & ApparatusSEC EDGAR

ARTIVION, INC. (AORT) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 18, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

ARTIVION, INC. FY2025 10-K Analysis

Business Overview

  • Core business model: Manufacturer and distributor of medical devices and implantable human tissues for cardiac and vascular surgery, focusing on aortic disease treatment
  • New product launch: Arcevo™ LSA Hybrid Stent Graft System introduced in EMEA and APAC in 2025, with US PMA trial ongoing, plus PerClot® hemostatic powder manufacturing started Q2 2023
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Management Discussion & Analysis

  • Revenue $441.3M in 2025, up 14% YoY from $388.5M in 2024; constant currency increase 13%
  • Gross margin 64% in 2025, flat YoY despite 14% gross margin dollar growth to $284.2M
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Risk Factors

  • Regulatory risk: Italian medical device overpayment repayment exposure $2.3M for 2019–2025 period under Ministerial Decree, potential further government assessment
  • Geopolitical risk: NEXUS products solely made in Israel amid Middle East conflicts, risking supply disruption from war, sanctions, or export controls
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ARTIVION, INC. FY2025 Key Financial Metrics
XBRL

Revenue

$441M

+13.6% YoY

Net Income

$10M

+173.1% YoY

Gross Margin

64.4%

+37bp YoY

Operating Margin

7.6%

-236bp YoY

Net Margin

2.2%

+565bp YoY

ROE

2.2%

+702bp YoY

Total Assets

$885M

+12.1% YoY

EPS (Diluted)

$0.21

+165.6% YoY

Operating Cash Flow

$40M

+79.3% YoY

Source: XBRL data from ARTIVION, INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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