Apyx Medical (APYX) Revenue & Revenue Breakdown

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Apyx Medical Revenue Highlights

Latest Revenue (Y)

$48.10M

Latest Revenue (Q)

$9.43M

Main Segment (Y)

Advanced Energy

Main Geography (Y)

UNITED STATES

Apyx Medical Revenue by Period

Apyx Medical Revenue by Year

Date	Revenue	Change
2024-12-31	$48.10M	-8.11%
2023-12-31	$52.35M	17.61%
2022-12-31	$44.51M	-8.26%
2021-12-31	$48.52M	75.08%
2020-12-31	$27.71M	-1.57%
2019-12-31	$28.15M	68.73%
2018-12-31	$16.69M	-57.09%
2017-12-31	$38.88M	6.16%
2016-12-31	$36.63M	24.08%
2015-12-31	$29.52M	6.64%
2014-12-31	$27.68M	16.99%
2013-12-31	$23.66M	-14.50%
2012-12-31	$27.67M	8.89%
2011-12-31	$25.41M	4.87%
2010-12-31	$24.23M	-10.10%
2009-12-31	$26.95M	-4.07%
2008-12-31	$28.10M	-2.37%
2007-12-31	$28.78M	7.88%
2006-12-31	$26.68M	31.99%
2005-12-31	$20.21M	-1.39%
2004-12-31	$20.50M	23.83%
2003-12-31	$16.55M	32.97%
2002-12-31	$12.45M	8.38%
2001-12-31	$11.48M	15.58%
2000-12-31	$9.94M	3.53%
1999-12-31	$9.60M	13.69%
1998-12-31	$8.44M	14.52%
1997-12-31	$7.37M	-1.53%
1996-12-31	$7.49M	35.59%
1995-12-31	$5.52M	-

Apyx Medical generated $48.10M in revenue during NA 2024, up -8.11% compared to the previous quarter, and up 170.85% compared to the same period a year ago.

Apyx Medical Revenue by Quarter

Date	Revenue	Change
2025-03-31	$9.43M	-33.69%
2024-12-31	$14.22M	23.81%
2024-09-30	$11.49M	-5.45%
2024-06-30	$12.15M	-16.44%
2024-03-31	$14.54M	-0.84%
2023-12-31	$14.66M	-8.21%
2023-09-30	$15.97M	17.72%
2023-06-30	$13.57M	11.75%
2023-03-31	$12.14M	-3.72%
2022-12-31	$12.61M	38.37%
2022-09-30	$9.11M	-11.45%
2022-06-30	$10.29M	-17.62%
2022-03-31	$12.49M	-25.74%
2021-12-31	$16.82M	42.20%
2021-09-30	$11.83M	5.41%
2021-06-30	$11.22M	29.94%
2021-03-31	$8.64M	-24.65%
2020-12-31	$11.46M	64.85%
2020-09-30	$6.95M	61.87%
2020-06-30	$4.30M	-14.03%
2020-03-31	$5.00M	-40.38%
2019-12-31	$8.38M	10.65%
2019-09-30	$7.58M	15.33%
2019-06-30	$6.57M	12.79%
2019-03-31	$5.82M	-1.74%
2018-12-31	$5.93M	61.38%
2018-09-30	$3.67M	-68.00%
2018-06-30	$11.47M	15.72%
2018-03-31	$9.92M	-12.62%
2017-12-31	$11.35M	21.41%
2017-09-30	$9.35M	-4.61%
2017-06-30	$9.80M	16.81%
2017-03-31	$8.39M	-11.64%
2016-12-31	$9.49M	-5.65%
2016-09-30	$10.06M	8.26%
2016-06-30	$9.29M	19.55%
2016-03-31	$7.78M	-6.26%
2015-12-31	$8.29M	6.02%
2015-09-30	$7.82M	7.55%
2015-06-30	$7.27M	18.70%
2015-03-31	$6.13M	-17.93%
2014-12-31	$7.47M	10.00%
2014-09-30	$6.79M	-2.26%
2014-06-30	$6.95M	7.14%
2014-03-31	$6.48M	5.78%
2013-12-31	$6.13M	5.76%
2013-09-30	$5.79M	-4.10%
2013-06-30	$6.04M	6.07%
2013-03-31	$5.70M	-16.58%
2012-12-31	$6.83M	2.35%
2012-09-30	$6.67M	-10.34%
2012-06-30	$7.44M	10.50%
2012-03-31	$6.73M	9.32%
2011-12-31	$6.16M	-1.55%
2011-09-30	$6.26M	-8.55%
2011-06-30	$6.84M	11.16%
2011-03-31	$6.15M	-1.26%
2010-12-31	$6.23M	-4.13%
2010-09-30	$6.50M	10.25%
2010-06-30	$5.90M	5.32%
2010-03-31	$5.60M	-14.30%
2009-12-31	$6.53M	2.54%
2009-09-30	$6.37M	-6.74%
2009-06-30	$6.83M	-5.34%
2009-03-31	$7.22M	1.11%
2008-12-31	$7.14M	-2.17%
2008-09-30	$7.30M	4.44%
2008-06-30	$6.99M	4.61%
2008-03-31	$6.68M	-6.96%
2007-12-31	$7.18M	-

Apyx Medical generated $9.43M in revenue during Q1 2025, up -33.69% compared to the previous quarter, and up 64.32% compared to the same period a year ago.

Apyx Medical Revenue Breakdown

Apyx Medical Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
OEM	$9.50M	$8.97M	$7.71M	$5.53M	$5.50M
Advanced Energy	$38.61M	$43.38M	$36.80M	$42.98M	$22.21M

Apyx Medical's latest annual revenue breakdown by segment (product or service), as of Dec 24: Advanced Energy (80.26%), and OEM (19.74%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Advanced Energy	$9.67M	$7.89M	$21.86M	$9.29M	$7.45M	$12.13M	$9.84M	$11.72M	$9.69M	$10.54M	$7.08M	$8.36M	$10.81M	$15.03M	$10.31M	$9.98M	$7.66M	$9.88M	$5.48M	$2.87M
OEM	$1.70M	$1.54M	$4.51M	$2.20M	$2.79M	$2.53M	$2.14M	$1.85M	$2.45M	$2.07M	$2.03M	$1.93M	$1.68M	$1.79M	$1.52M	$1.25M	$978.00K	$1.58M	$1.48M	$1.43M

Apyx Medical's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Advanced Energy (85.03%), and OEM (14.97%).

Apyx Medical Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Non-US	$14.08M	$14.00M	$13.30M	$15.54M	$8.90M
UNITED STATES	$34.02M	$38.34M	$31.21M	$32.98M	$18.81M

Apyx Medical's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (70.73%), and Non-US (29.27%).

Quarterly Revenue by Country

Country	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
UNITED STATES	$7.78M	$6.74M	$19.25M	$7.79M	$6.98M	$10.69M	$8.65M	$10.14M	$8.87M	$8.72M	$7.00M	$7.95M	$7.55M	$12.12M	$7.91M	$7.38M	$5.57M	$6.59M	$5.21M	$3.39M
Non-US	$3.60M	$2.69M	$7.12M	$3.69M	$3.27M	$3.98M	$3.32M	$3.43M	$3.27M	$3.90M	$2.12M	$2.35M	$4.95M	$4.70M	$3.92M	$3.84M	$3.07M	$4.88M	$1.74M	$903.00K

Apyx Medical's latest quarterly revenue breakdown by geography, as of Jun 25: UNITED STATES (68.37%), and Non-US (31.63%).

Apyx Medical Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DCGO	DocGo	$616.56T	$96.03M
LUCD	Lucid Diagnostics	$4.35B	$1.16B
QIPT	Quipt Home Medical	$245.91M	$58.29M
ANIK	Anika Therapeutics	$166.66M	$28.22M
OWLT	Owlet	$78.10M	$21.10M
LNSR	LENSAR	$53.49M	$14.16M
RCEL	AVITA Medical	$50.56M	$18.51M
APYX	Apyx Medical	$48.10M	$9.43M
RPID	Rapid Micro Biosystems	$28.05M	$7.26M
HSDT	Solana	$520.00K	$49.00K
MBOT	Microbot Medical	-	-

APYX Revenue FAQ

What is Apyx Medical’s yearly revenue?

Apyx Medical's yearly revenue for 2024 was $48.1M, representing a decrease of -8.11% compared to 2023. The company's yearly revenue for 2023 was $52.35M, representing an increase of 17.61% compared to 2022. APYX's yearly revenue for 2022 was $44.51M, representing a decrease of -8.26% compared to 2021.

What is Apyx Medical’s quarterly revenue?

Apyx Medical's quarterly revenue for Q1 2025 was $9.43M, a -33.69% decrease from the previous quarter (Q4 2024), and a -35.14% decrease year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $14.22M, a 23.81% increase from the previous quarter (Q3 2024), and a -3.00% decrease year-over-year (Q4 2023). APYX's quarterly revenue for Q3 2024 was $11.49M, a -5.45% decrease from the previous quarter (Q2 2024), and a -28.09% decrease year-over-year (Q3 2023).

What is Apyx Medical’s revenue growth rate?

Apyx Medical's revenue growth rate for the last 3 years (2022-2024) was 8.07%, and for the last 5 years (2020-2024) was 73.58%.

What are Apyx Medical’s revenue streams?

Apyx Medical's revenue streams in c 24 are OEM, and Advanced Energy. OEM generated $9.5M in revenue, accounting 19.74% of the company's total revenue, up 5.90% year-over-year. Advanced Energy generated $38.61M in revenue, accounting 80.26% of the company's total revenue, down -11.01% year-over-year.

What is Apyx Medical’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Apyx Medical was Advanced Energy. This segment made a revenue of $38.61M, representing 80.26% of the company's total revenue.