AvidXchange Holdings, Inc. (AVDX) Net Income by Year
AvidXchange Holdings, Inc. reported $8.1M in net income in fiscal year 2024. This represents an increase of 117.2% from the prior fiscal year. Over the trailing 12 months, Q3 FY2024 through Q2 FY2025, the same line adds up to a $8.1M net loss. The table below carries 6 fiscal years, from 2019 to 2024, and the quarters AvidXchange Holdings, Inc. has filed alongside them.
Annual figures, oldest first. Point at a bar to read its period.
AVDX Net Income by Fiscal Year
Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.
TTM is the trailing twelve months, Q3 FY2024 through Q2 FY2025, summed from the four most recent quarterly filings.
AVDX Net Income by Quarter
Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.
What net income means
Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line.
More AvidXchange Holdings, Inc. financials
Frequently Asked Questions
What was AvidXchange Holdings, Inc.'s net income in fiscal year 2024?
AvidXchange Holdings, Inc. reported $8.1M in net income in fiscal year 2024.
How fast is AvidXchange Holdings, Inc.'s net income growing?
AvidXchange Holdings, Inc. (AVDX) net income rose by 117.2% year over year, from -$47.3M to $8.1M in fiscal year 2024.
What is AvidXchange Holdings, Inc.'s net income over the last twelve months?
AvidXchange Holdings, Inc. (AVDX) reported a $8.1M net loss over the trailing 12 months, Q3 FY2024 through Q2 FY2025, summed from the four most recent quarterly filings.
How has AvidXchange Holdings, Inc.'s net income changed over the years?
Across the 6 fiscal years this page covers, AvidXchange Holdings, Inc. (AVDX) net income went from -$93.5M in fiscal year 2019 to $8.1M in fiscal year 2024.
What was AvidXchange Holdings, Inc.'s net income in the most recent quarter?
AvidXchange Holdings, Inc. (AVDX) reported -$9.5M in net income in Q2 2025. This represents a decrease of 2270.6% from the same quarter a year earlier.
What does net income mean on a financial statement?
Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line. This page lists what AvidXchange Holdings, Inc. (AVDX) reported on that line in every period on record.