MiMedx Group/$MDXG

MiMedx Group falls after margin compression reports highlight net margin halving to 10.4% and warn that the fixed $125.38/cm2 Medicare reimbursement rate for 2026 may shrink its skin substitute market and pressure profitability.
10 hours agoLightyear AI
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About MiMedx Group

MiMedx Group Inc develops and markets regenerative biomaterial products and bioimplants made from the human amniotic membrane, birth tissues, and human skin & bone. Its products are targeted towards the wound-care, burn, surgical, sports medicine, and orthopedics markets. MiMedx's key products are allografts processed from amniotic tissue, which include EpiFix for external use and AmnioFix for internal use. AmnioCord, AmnioFill, EpiBurn, and EpiCord are some of its other products. Also, it sells allografts for ophthalmic surgery and dental applications through licenses to third parties.

Ticker

$MDXG
Sector
Primary listing

Employees

837

MiMedx Group Metrics

BasicAdvanced
$1.2B
29.47
$0.27
1.73
-

What the Analysts think about MiMedx Group

Analyst ratings (Buy, Hold, Sell) for MiMedx Group stock.

Bulls say / Bears say

MiMedx’s Q2 2025 net sales rose 13% year-over-year to $98.6 million, comfortably above consensus estimates of $90.6 million, underscoring ongoing demand for its regenerative biomaterial products. (Reuters)
In Q3 2025, MiMedx delivered record revenue of $113.7 million—up 35% from a year earlier—driven by a 40% gain in wound-care products and a 26% increase in surgical portfolio sales. (Associated Press)
Adjusted EBITDA for Q2 2025 reached $24 million, representing 25% of net sales, reflecting healthy operating leverage as the company scales its commercial and manufacturing operations. (Reuters)
CMS’s proposed 2026 Physician Fee Schedule would reclassify skin substitutes—including MiMedx’s core EpiFix and AmnioFix products—as incident-to supplies with a single flat payment rate of $125.38 per square centimeter, potentially reducing Medicare reimbursement by up to 90% and posing a major revenue headwind. (CMS)
MiMedx’s selling, general and administrative expenses jumped 28% year-over-year to $69 million in Q3 2025 (47% of net sales), driven partly by legal and regulatory dispute costs, which could erode future margins if litigation persists. (GlobeNewswire)
Shares trade at approximately 23 times forward earnings, near the top of its historical multiple range, limiting upside if growth decelerates or market sentiment shifts. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 2 Nov 2025.

MiMedx Group Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

MiMedx Group Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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