Mimedx MDXG Revenue Breakdown

NASDAQ MDXG
$4.49 -0.15 (-3.25%)
As of: Oct 2, 2026 · 11:23 AM EDT
Annual revenue breakdowns for Mimedx, fiscal 2014 to 2025, as reported in its filings.
Annual history

Mimedx Revenue by Product & Service

Years FY 2014–2025
Lines 2
FY 2025 Total $418.63M

Wound was Mimedx’s largest product and service line in fiscal 2025, bringing in $276.33M of $418.63M (66%).

Mimedx revenue by product and service, fiscal 2014 to 2025
Product and Service FY 2014 FY 2015 FY 2016 FY 2020 FY 2022 FY 2023 FY 2024 FY 2025
Wound — $205.66M $231.00M $276.33M
Surgical — $115.82M $117.88M $142.30M
Total $267.84M $321.48M $348.88M $418.63M
Totals include 8 discontinued lines from earlier reporting.

Mimedx revenue by product and service: what the figures show

Mimedx brought in $418.63M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 20.0% from $348.88M in fiscal 2024. Wound was the largest at $276.33M (66.0%), ahead of Surgical at $142.30M (34.0%).

Compared with fiscal 2024, Surgical grew 20.7% to $142.30M and Wound grew 19.6% to $276.33M.

Mimedx began breaking out Wound in fiscal 2023 and Surgical in fiscal 2023. Mimedx stopped reporting Hospital ($163.21M in fiscal 2022), Private Office ($77.16M in fiscal 2022) and Other ($27.48M in fiscal 2022) as separate lines.

Annual history

Mimedx Revenue by Customer

Years FY 2017
Lines 3
FY 2017 Total $321.14M

Direct Customers was Mimedx’s largest revenue line in fiscal 2017, bringing in $286.74M of $321.14M (89%).

Mimedx revenue by customer, fiscal 2017 to 2017
Customer FY 2017
Direct Customers $286.74M
Distributors $27.43M
Other $6.97M
Total $321.14M

Mimedx revenue by customer: what the figures show

Mimedx brought in $321.14M from its three revenue lines in fiscal 2017, the year ended December 31, 2017. Direct Customers was the largest at $286.74M (89.3%), ahead of Distributors at $27.43M (8.5%) and Other at $6.97M (2.2%).

Annual history

Mimedx Revenue by Contract with Customer, Sales Channel

Years FY 2018–2020
Lines 2
FY 2020 Total $248.23M

Direct Customers was Mimedx’s largest revenue line in fiscal 2020, bringing in $240.69M of $248.23M (97%).

Mimedx revenue by contract with customer, sales channel, fiscal 2018 to 2020
Contract with Customer, Sales Channel FY 2018 FY 2019 FY 2020
Direct Customers — $288.80M $240.69M
Distributors — $10.46M $7.54M
Total $359.11M $299.26M $248.23M
Totals include 2 discontinued lines from earlier reporting.

Mimedx revenue by contract with customer, sales channel: what the figures show

Mimedx brought in $248.23M from its two revenue lines in fiscal 2020, the year ended December 31, 2020. That was down 17.0% from $299.26M in fiscal 2019. Direct Customers was the largest at $240.69M (97.0%), ahead of Distributors at $7.54M (3.0%).

Compared with fiscal 2019, Direct Customers fell 16.7% to $240.69M and Distributors fell 27.8% to $7.54M.

Mimedx began breaking out Direct Customers in fiscal 2019 and Distributors in fiscal 2019. Mimedx stopped reporting Sales Channel, Directly To Consumer ($343.46M in fiscal 2018) and Sales Channel, Through Intermediary ($15.65M in fiscal 2018) as separate revenue lines.

Questions

Mimedx Revenue Breakdown FAQ

How does Mimedx make money?

Mimedx (MDXG) reports its revenue by product and service, by customer and by contract with customer, sales channel. In fiscal 2025, Wound was its largest product and service line, bringing in $276.33M (66.0% of the total), followed by Surgical at $142.30M (34.0%).

What is Mimedx's largest product and service line?

Wound was Mimedx's largest product and service line in fiscal 2025, bringing in $276.33M, or 66.0% of the $418.63M total across its two product and service lines.

What is Mimedx's largest revenue line?

Direct Customers was Mimedx's largest revenue line in fiscal 2017, bringing in $286.74M, or 89.3% of the $321.14M total across its three revenue lines.

Which Mimedx product and service line is growing the fastest?

Surgical grew faster than Wound in fiscal 2025, up 20.7% from $117.88M to $142.30M. Wound grew 19.6% to $276.33M.

Where does this revenue breakdown data come from?

Every figure comes from Mimedx's annual financial filings, as reported. Each line keeps the name Mimedx gives it, and years follow its fiscal calendar.

How far back does Mimedx's revenue breakdown go?

Mimedx's revenue by product and service goes back to fiscal 2014, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.