Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $514 | $555 | $142 | $147 | $594 |
| Gross Profit | $244 | $256 | $62 | $69 | $270 |
| Operating Income | -$31 | -$25 | -$15 | -$9 | -$27 |
| Net Income | $111 | $2,133 | -$14 | -$11 | -$56 |
Over the past five years, Azenta, Inc. has experienced notable volatility across key financial metrics. In 2021, the company posted revenues of approximately 513.7 million USD and a gross profit of 243.8 million USD, with operating losses and modest net income. The subsequent year, revenue increased by around 8% to 555.5 million USD, and gross profit grew to 255.6 million USD. However, a striking outlier occurred in 2022 when net income surged dramatically to 2132.9 million USD compared to 110.7 million USD in 2021, despite only modest improvements in operating income (from –31.1 to –24.7 million USD). This extraordinary jump in net income—well over a 20% change and exceeding typical year-over-year adjustments—raises the possibility of non-recurring items or one-off gains that may have distorted underlying profitability. The years following 2022 witnessed substantial shifts. In 2023, revenue plunged sharply by nearly 75% to 142.2 million USD and gross profit dropped to 61.8 million USD, while both operating and net income turned negative, with net income slightly below zero at –14.3 million USD. A minor recovery is seen in 2024, with revenues stabilizing around 147.4 million USD and marginal improvements in gross profit and operating losses. Yet, the resurgence in 2025, with revenues rebounding to 593.8 million USD and gross profit reaching 270.3 million USD, was offset by deeper net losses (–55.8 million USD). Overall, while Azenta’s revenue and gross profit figures illustrate significant fluctuations and occasional robust performance, persistent operating losses and inconsistency in net income indicate challenges in sustaining profitability. Investors should note these swings and investigate the drivers behind the extraordinary net income in 2022 along with the subsequent revenue volatility to fully assess the company’s long-term financial health and operational sustainability within its competitive industry backdrop.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.