MiMedx Group, Inc.

MiMedx Group, Inc. Earnings Recaps

MDXG Health Care 1 recap
Next earnings: November 4, 2026 (estimated) · full calendar
Q2 2026 Jul 31, 2026

Shares declined 2.1% following Q2 results and acquisition news as investors likely digested ongoing challenges in wound care despite surgical growth and the transformational Sanara MedTech deal.

Key takeaways
  • Surgical revenue grew 15% year-over-year, continuing momentum from prior quarters.
  • Overall company revenue rose 9% sequentially from Q1 to Q2.
  • Wound care remains under pressure due to Medicare reimbursement changes causing market disruption.
  • The Sanara MedTech acquisition (~$35/share) will shift MiMedx's revenue mix to 75% surgical and 25% wound post-close.
  • Expected 2027 combined company revenue above $400 million with double-digit growth and adjusted EBITDA margin exceeding 20%, driven by $20 million in cost synergies.