Apyx Medical

Apyx Medical (APYX) Q3 2025 Earnings

Reported Nov 6, 2025 at 7:02 AM ET · SEC Source

Q3 25 EPS

$-0.05

BEAT +51.22%

Est. $-0.10

Q3 25 Revenue

$12.9M

BEAT +7.30%

Est. $12.0M

vs S&P Since Q3 25

+5.7%

BEATING MARKET

APYX +20.9% vs S&P +15.2%

Market Reaction

Did APYX Beat Earnings? Q3 2025 Results

Apyx Medical delivered a notably strong third quarter, posting a loss of just $0.05 per share against a consensus estimate of $0.10, a 51.22% beat, while revenue climbed 12.1% year over year to $12.88 million, clearing the $12.00 million estimate by … Read more Apyx Medical delivered a notably strong third quarter, posting a loss of just $0.05 per share against a consensus estimate of $0.10, a 51.22% beat, while revenue climbed 12.1% year over year to $12.88 million, clearing the $12.00 million estimate by 7.30%. The primary engine behind the outperformance was the full commercial launch of its AYON Body Contouring System, which fueled a 19% surge in Surgical Aesthetics revenue and a domestic sales spike of over 30%, pushing gross margin to 64.4% from 60.5% a year earlier. Cost discipline added to the momentum, with operating expenses falling $1.50 million to $9.13 million, helping narrow the net loss sharply to $1.98 million from $4.70 million in the prior-year period. Analysts who follow medical device earnings beats this season have noted how margin expansion can accelerate loss reduction, and Apyx fits that pattern. The company raised its full-year 2025 revenue guidance to $50.50 million–$52.50 million, with Surgical Aesthetics guidance lifted to $43.00 million–$45.00 million as the AYON commercial ramp continues.

Key Takeaways

  • AYON commercial launch drove Surgical Aesthetics revenue growth of 19% YoY
  • Domestic Surgical Aesthetics sales increased over 30% from prior year period
  • Increased volume of single-use handpieces in both domestic and international markets
  • Favorable segment mix with Surgical Aesthetics comprising a higher percentage of total sales improved gross margin to 64.4%
  • Operating expenses decreased $1.5 million year-over-year through broad-based cost reductions
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APYX YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

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APYX Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q2 26
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APYX Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q2 26

“In September, we successfully transitioned the commercialization program for AYON from an effective soft launch targeting key regions to a full U.S. program. Initial feedback from leading board-certified plastic and cosmetic surgeons continues to be overwhelmingly positive, with several of them contributing at workshops and clinical symposia that drove strong engagement and resulted in pre-orders for AYON. While we are still in the early stages of ramping up the broader commercial program, I am excited to announce that we reported a 19% increase in Surgical Aesthetics revenue for the third quarter of 2025,”

— Charlie Goodwin, Q3 2025 Earnings Press Release