Strong Revenue and EBITDA Growth
Artivion reported total constant currency revenue growth of over 14% and adjusted EBITDA growth of 33% year-over-year for Q2 2025.
Successful On-X Valve Sales
On-X valve revenue increased 24% year-over-year, driven by strong U.S. sales and positive new data, reinforcing market share gains.
Stent Graft Revenue Surge
Stent graft revenues grew 22% on a constant currency basis, primarily due to the U.S. launch of AMDS.
Balance Sheet Strengthening
Artivion significantly reduced net leverage by retiring $100 million of convertible debt, improving the net leverage ratio from 4.1 to 2.2.
Positive AMDS Launch
AMDS revenue showed strong early demand, with a meaningful growth on a sequential basis, tapping into a $150 million market opportunity.
Free Cash Flow Improvement
Free cash flow was $11.7 million in Q2 2025, contributing to the overall financial health of the company.