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Avidxchange Holdings Inc   (AVDX)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

AVDX's Revenue Growth by Quarter and Year

Avidxchange Holdings Inc 's Revenue results by quarter and year




AVDX Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 86.18 183.23 0.00
III Quarter September 98.68 82.41 65.18 0.00
II Quarter June 91.15 76.56 0.00 0.00
I Quarter March 86.82 71.20 0.00 -0.08
FY   276.65 316.35 248.41 -0.08



AVDX Revenue third quarter 2023 Y/Y Growth Comment
Avidxchange Holdings Inc achieved in the third quarter 2023, above Company average Revenue increase of 19.74% year on year, to $ 98.68 millions.

Looking into third quarter 2023 results within Software & Programming industry 79 other companies have achieved higher Revenue growth. While Avidxchange Holdings Inc ' s Revenue growth of 19.74% ranks overall at the positon no. 1359 in the third quarter 2023.




AVDX Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - -52.97 % - -
III Quarter September 19.74 % 26.43 % - -
II Quarter June 19.06 % - - -
I Quarter March 21.94 % - - -
FY   - 27.35 % - -

Financial Statements
Avidxchange Holdings Inc 's third quarter 2023 Revenue $ 98.68 millions AVDX's Income Statement
Avidxchange Holdings Inc 's third quarter 2022 Revenue $ 82.41 millions Quarterly AVDX's Income Statement
New: More AVDX's historic Revenue Growth >>


AVDX Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 4.57 % 181.11 % -
III Quarter September 8.26 % 7.64 % - -
II Quarter June 4.99 % 7.53 % - -
I Quarter March 0.74 % -61.14 % - -
FY (Year on Year)   - 27.35 % - -




Revenue third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #80
Technology Sector #194
Overall #1359

Revenue Y/Y Growth Statistics
High Average Low
-12.23 % -12.38 % -12.52 %
(Sep 30 2023)   (Jun 30 2023)
Revenue third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #80
Technology Sector #194
Overall #1359
Revenue Y/Y Growth Statistics
High Average Low
-12.23 % -12.38 % -12.52 %
(Sep 30 2023)   (Jun 30 2023)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Avidxchange Holdings Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
181.14 % 19.22 % -61.14 %
(Dec 31 2021)  


AVDX's III. Quarter Q/Q Revenue Comment
Avidxchange Holdings Inc achieved in the III. Quarter 2023 below company average Revenue increase of 8.26% quarter on quarter, to $ 98.68 millions.

Albeit the III. Quarter 2023 Avidxchange Holdings Inc 's Revenue sequential growth was below the ordinary , it has been yet encouraging news, as the III. Quarter surge, transcends the 7.64% growth in the same quarter a year ago

Within Software & Programming industry 14 other companies have achieved higher Revenue quarter on quarter growth. While Avidxchange Holdings Inc 's Revenue growth quarter on quarter, overall rank is 560.


Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #15
Technology Sector #56
Overall #560
Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #15
Technology Sector #56
Overall #560
Revenue Q/Q Growth Statistics
High Average Low
181.14 % 19.22 % -61.14 %
(Dec 31 2021)  


AVDX's III. Quarter Q/Q Revenue Comment
Avidxchange Holdings Inc achieved in the III. Quarter 2023 below company average Revenue increase of 8.26% quarter on quarter, to $ 98.68 millions.

III. Quarter 2023 results were contradictory, albeit beneath the average growth of 19.22 %, yet it shows real recovery compare to the 7.64% in the III. Quarter a year ago.

Within Software & Programming industry 14 other companies have achieved higher Revenue quarter on quarter growth. While Avidxchange Holdings Inc 's Revenue growth quarter on quarter, overall rank is 560.


Avidxchange Holdings Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Revenue 12 Months Ending $ 362.83 $ 346.56 $ 331.97 $ 316.35 $ 413.41
Y / Y Revenue Growth (TTM) -12.23 % -12.52 % - - -
Year on Year Revenue Growth Overall Ranking # 2155 # 2403 # 0 # 0 # 0
Seqeuential Revenue Change (TTM) 4.69 % 4.4 % 4.94 % -23.48 % 4.35 %
Seq. Revenue Growth (TTM) Overall Ranking # 1359 # 1633 # 1782 # 2403 # 1627




Cumulative Revenue growth Comment
Avidxchange Holdings Inc showed decline, but improvement compare to trailing twelve month Revenue decrease in Jun 30 2023. If the fiscal year would end in Sep 30 2023, Avidxchange Holdings Inc 's annual Revenue improvement would be -12.23% year on year to $363 millions.

In the Technology sector 293 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 2155, from total ranking in previous quarter at 2403.

Revenue TTM Q/Q Growth Statistics
High Average Low
-12.23 %
-12.38 %
-12.52 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 80
Technology Sector # 294
Overall # 2155

Revenue TTM Y/Y Growth Statistics
High Average Low
-12.23 %
-12.38 %
-12.52 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 80
Sector # 194
S&P 500 # 1359
Cumulative Revenue growth Comment
Avidxchange Holdings Inc showed decline, but improvement compare to trailing twelve month Revenue decrease in Jun 30 2023. If the fiscal year would end in Sep 30 2023, Avidxchange Holdings Inc 's annual Revenue fall would be -12.23% year on year to $363 millions.

In the Technology sector 293 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 2155, from total ranking in previous quarter at 2403.

Revenue TTM Q/Q Growth Statistics
High Average Low
-12.23 %
-12.38 %
-12.52 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 80
Technology Sector # 294
Overall # 2155

Revenue TTM Y/Y Growth Statistics
High Average Low
-12.23 %
-12.38 %
-12.52 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 80
Sector # 194
S&P 500 # 1359




Other Revenue Growth
Software & Programming Industry Revenue Growth Trends and Statistics
Technology Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
AVDX's Revenue Growth Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for AVDX's Competitors
Revenue Growth for Avidxchange Holdings Inc 's Suppliers
Revenue Growth for AVDX's Customers

You may also want to know
AVDX's Annual Growth Rates AVDX's Profitability Ratios AVDX's Asset Turnover Ratio AVDX's Dividend Growth
AVDX's Roe AVDX's Valuation Ratios AVDX's Financial Strength Ratios AVDX's Dividend Payout Ratio
AVDX's Roa AVDX's Inventory Turnover Ratio AVDX's Growth Rates AVDX's Dividend Comparisons



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