Avanos Medical (AVNS) Cost of Revenue (2013 - 2026)
Avanos Medical (AVNS) reported Cost of Revenue of $88 million for Q1 2026, up 13.3% from $77.7 million a year earlier but down 7.3% from the prior quarter.
Avanos Medical (AVNS) Cost of Revenue (2013 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Avanos Medical's Cost of Revenue came in at $357.6 million, up 14.3% year-over-year; for FY2025, it was $347.3 million, up 13.3% from FY2024.
- Cost of Revenue has increased for four consecutive years, with a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $306.5 million in FY2024 (+4.4%), $293.6 million in FY2023 (+1.3%), $289.9 million in FY2022 (+0.7%) and $287.8 million in FY2021 (-16.3%).
- Five-year quarterly Cost of Revenue spans a low of $3.5 million in Q4 2021 and a high of $100 million in Q2 2021.
- Year over year, Cost of Revenue has now increased in each of the last nine quarters, with growth averaging 9.8% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q2 2021 (growth of 29.5%); the low point was Q4 2021 (a decline of 96.4%).
- Per Business Quant data, the three quarters before Q1 2026 came in at $94.9 million (Q4 2025), $91.8 million (Q3 2025) and $82.9 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.11 Bn |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 5.33 Bn |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 2.65 Bn |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 931.90 Mn |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 2.09 Bn |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 1.59 Bn |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 392.40 Mn |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 2.67 Bn |
| 10 | Avanos Medical | 1.17 Bn | 850.16 Mn | 94.20 Mn | 88.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 88.00 Mn |
| Dec 31, 2025 | 94.90 Mn |
| Sep 30, 2025 | 91.80 Mn |
| Jun 30, 2025 | 82.90 Mn |
| Mar 31, 2025 | 77.70 Mn |
| Dec 31, 2024 | 81.60 Mn |
| Sep 30, 2024 | 77.50 Mn |
| Jun 30, 2024 | 76.10 Mn |
| Mar 31, 2024 | 71.30 Mn |
| Dec 31, 2023 | 78.30 Mn |
| Sep 30, 2023 | 75.80 Mn |
| Jun 30, 2023 | 71.60 Mn |
| Mar 31, 2023 | 67.90 Mn |
| Dec 31, 2022 | 78.70 Mn |
| Sep 30, 2022 | 72.10 Mn |
| Jun 30, 2022 | 69.30 Mn |
| Mar 31, 2022 | 90.80 Mn |
| Dec 31, 2021 | 3.50 Mn |
| Sep 30, 2021 | 93.90 Mn |
| Jun 30, 2021 | 100.00 Mn |
Avanos Medical Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=AVNS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "AVNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=AVNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();