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MIMEDX Announces First Quarter 2026 Operating & Financial Results

$MDXGPress releaseApr 29, 2026, 4:01 PM ETRead the release

MIMEDX reported Q1 net sales of $59 million, a 33% decrease from the prior year, driven by new Medicare reimbursement policies that caused significant market disruption and confusion. Due to these headwinds, the company lowered full-year 2026 sales guidance to a range of $260 to $290 million and expects Adjusted EBITDA to be approximately breakeven.

Key figures

Revenue
59000000
Guidance
2026 net sales $260-$290 million, Adjusted EBITDA approximately breakeven
Revenue Yoy
-33%
Wound decline
60%
Surgical growth
13%
Annualized savings
$40 million

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