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Axonics Modulation Technologies's revenue is $366.4 million.

What is Axonics Modulation Technologies's revenue?

Axonics Modulation Technologies's annual revenue is $366.4M. Zippia's data science team found the following key financial metrics about Axonics Modulation Technologies after extensive research and analysis.
  • Axonics Modulation Technologies's revenue growth from 2017 to 2023 is 286,133.59%.
  • Axonics Modulation Technologies has 416 employees, and the revenue per employee ratio is $880,718.
  • Axonics Modulation Technologies's peak quarterly revenue was $116.2M in 2024(q3).
  • Axonics Modulation Technologies peak revenue was $366.4M in 2023.
  • Axonics Modulation Technologies annual revenue for 2022 was 273.7M, 51.81% growth from 2021.
  • Axonics Modulation Technologies annual revenue for 2023 was 366.4M, 33.86% growth from 2022.

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Most recent quarter revenue
$116.2M (Q3'2024)
Company most recent quarter revenue
Peak revenue
$366.4M (2023)
Company peak revenue
Revenue / employee
$880,719
Company revenue / employee

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Most recent quarter revenue
$116.2M (Q3'2024)
Company most recent quarter revenue
Peak revenue
$366.4M (2023)
Company peak revenue
Revenue / employee
$880,719
Company revenue / employee

Axonics Modulation Technologies historical revenue

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.

Axonics Modulation Technologies annual revenue

$366M
$293M
$220M
$147M
$73M
$0
2018
2019
2020
2021
2022
2023

Axonics Modulation Technologies annual revenue over time

Fiscal year / yearAxonics 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?

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Axonics Modulation Technologies annual growth

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%.

Axonics Modulation Technologies annual growth rate over time

YearAxonics Modulation Technologies growth
2018
452%
2019
1855%
2020
707%
2021
62%
2022
52%
2023
34%

Axonics Modulation Technologies quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$116M
$93M
$70M
$46M
$23M
$0
2020
2021
2022
2023
2024

Axonics Modulation Technologies quarterly growth rate over time

YearQ1Q2Q3Q4
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-

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Axonics Modulation Technologies financial information

CEORaymond Wayne Cohen
IndustryPharmaceuticals, Biotechnology & Life Sciences
Company TypePublic
Employees Number416
Date Founded2013
HeadquartersIrvine, California
Number of Locations1
Revenue$366.4M
Net Income-$59,698,000
Gross Proft$274.6M (2023)
EBITDA($17.0M) (2023)
Tax Rate0.3%
Total Assets$659,353,000
TickerAXNX

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Axonics Modulation Technologies financing

Axonics Modulation Technologies received early financing of $32.6M on 2014-03-25.

SeriesRound sizeDate
Series A$32.6M03/2014
Series B$38.5M12/2015
Series C$14.5M05/2017
Series C$20.5M07/2017
Series C$40M04/2018
Post Ipo Equity$110M11/2019
Post Ipo Equity$17M12/2019
Post Ipo Equity$149.5M05/2020
Post Ipo Equity$201.3M05/2021

Axonics Modulation Technologies investors

InvestorsSecurity type
ANDERA PARTNERSSeries A
NEOMED MANAGEMENT ASSeries A
Legend CapitalSeries A
Aperture Venture PartnersSeries A
ANDERA PARTNERSSeries B
Cormorant Asset ManagementSeries B
NEOMED MANAGEMENT ASSeries B
Legend CapitalSeries B
Advent Life Sciences LLPSeries B
ANDERA PARTNERSSeries C
Cormorant Asset ManagementSeries C
NEOMED MANAGEMENT ASSeries C
Legend CapitalSeries C
Advent Life Sciences LLPSeries C
Cormorant Asset ManagementSeries C
Gilde HealthcareSeries C
Longitude CapitalSeries C
SVB Financial GroupSeries C
Gilde HealthcareSeries C

Axonics Modulation Technologies revenue FAQs

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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.