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Axonics Modulation Technologies's peak revenue was $366.4M in 2023. The peak quarterly revenue was $116.2M in 2024(q3).
Axonics Modulation Technologies's revenue increased from $128.0k in 2017 to $366.4M currently. That's a 286,133.59% change in annual revenue.
| Fiscal year / year | Axonics Modulation Technologies revenue |
|---|---|
| 2017 | $128,000 |
| 2018 | $707,000 |
| 2019 | $13.8M |
| 2020 | $111.5M |
| 2021 | $180.3M |
| 2022 | $273.7M |
| 2023 | $366.4M |
How accurately did Axonics Modulation Technologies' revenue projections match actual performance?
Axonics Modulation Technologies saw the greatest revenue growth in 2019, when revenue increased by 1,854.74%.
Axonics Modulation Technologies had the lowest revenue growth in 2022, when revenue changed by 51.81%.
| Year | Axonics Modulation Technologies growth |
|---|---|
| 2018 | 452%↑ |
| 2019 | 1855%↑ |
| 2020 | 707%↑ |
| 2021 | 62%↑ |
| 2022 | 52%↑ |
| 2023 | 34%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2018 | - | - | $201,000 | $494,000 |
| 2019 | $1.1M | $1.5M | $1.3M | $9.9M |
| 2020 | $26.3M | $15.2M | $35.2M | $34.8M |
| 2021 | $34.4M | $45.9M | $46.9M | $53.1M |
| 2022 | $48.4M | $69.0M | $70.4M | $85.9M |
| 2023 | $70.7M | $92.9M | $93.1M | $109.7M |
| 2024 | $91.4M | $114.6M | $116.2M | - |
Do you work at Axonics Modulation Technologies?
Is Axonics Modulation Technologies transparent about its revenue structure?
| CEO | Raymond Wayne Cohen |
| Industry | Pharmaceuticals, Biotechnology & Life Sciences |
| Company Type | Public |
| Employees Number | 416 |
| Date Founded | 2013 |
| Headquarters | Irvine, California |
| Number of Locations | 1 |
| Revenue | $366.4M |
| Net Income | -$59,698,000 |
| Gross Proft | $274.6M (2023) |
| EBITDA | ($17.0M) (2023) |
| Tax Rate | 0.3% |
| Total Assets | $659,353,000 |
| Ticker | AXNX |
Axonics Modulation Technologies received early financing of $32.6M on 2014-03-25.
| Series | Round size | Date |
|---|---|---|
| Series A | $32.6M | 03/2014 |
| Series B | $38.5M | 12/2015 |
| Series C | $14.5M | 05/2017 |
| Series C | $20.5M | 07/2017 |
| Series C | $40M | 04/2018 |
| Post Ipo Equity | $110M | 11/2019 |
| Post Ipo Equity | $17M | 12/2019 |
| Post Ipo Equity | $149.5M | 05/2020 |
| Post Ipo Equity | $201.3M | 05/2021 |
| Investors | Security type |
|---|---|
| ANDERA PARTNERS | Series A |
| NEOMED MANAGEMENT AS | Series A |
| Legend Capital | Series A |
| Aperture Venture Partners | Series A |
| ANDERA PARTNERS | Series B |
| Cormorant Asset Management | Series B |
| NEOMED MANAGEMENT AS | Series B |
| Legend Capital | Series B |
| Advent Life Sciences LLP | Series B |
| ANDERA PARTNERS | Series C |
| Cormorant Asset Management | Series C |
| NEOMED MANAGEMENT AS | Series C |
| Legend Capital | Series C |
| Advent Life Sciences LLP | Series C |
| Cormorant Asset Management | Series C |
| Gilde Healthcare | Series C |
| Longitude Capital | Series C |
| SVB Financial Group | Series C |
| Gilde Healthcare | Series C |
Zippia gives an in-depth look into the details of Axonics Modulation Technologies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Axonics Modulation Technologies. The employee data is based on information from people who have self-reported their past or current employments at Axonics Modulation Technologies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Axonics Modulation Technologies. The data presented on this page does not represent the view of Axonics Modulation Technologies and its employees or that of Zippia.
Axonics Modulation Technologies may also be known as or be related to AXONICS, INC., Axonics Modulation Technologies, Axonics Modulation Technologies Inc, Axonics Modulation Technologies Inc. and Axonics Modulation Technologies, Inc.