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Financial Snapshot

Revenue
TTM
$446.7M
Gross Margin
TTM
72.5%
Net Income
TTM
-$8.057M
Current Assets
2025 Q2
Current Liabilities
2025 Q2
Current Ratio
2025 Q2
133.11%
Total Assets
2025 Q2
Total Liabilities
2025 Q2
Book Value
2025 Q2
687.6M
Cash
2025 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
$62.85M

Stock Price

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Market Cap: $2.077 Billion

About AvidXchange Holdings, Inc.

AvidXchange Holdings, Inc. engages in the provision of accounts payable automation software and payment solutions. The company is headquartered in Charlotte, North Carolina and currently employs 1,600 full-time employees. The company went IPO on 2021-10-13. Its Software-as-a-Service (SaaS)-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,500 businesses (its buyers) and it has made payments to more than 1,350,000 supplier customers of its buyers (suppliers). Its platform automates end-to-end AP workflows for its buyers and enhances the payment experience for its suppliers through the various products and features: AP Automation Software, the AvidPay Network, and the AvidXchange Supplier Hub. The firm provides solutions and services throughout North America spanning multiple industries, including real estate, community association management, construction, financial services (including banks and credit unions), healthcare facilities, social services, education, media, and hospitality.

Industry: Services-Prepackaged Software Peers: Conduent Inc Csg Systems International Inc International Money Express Inc MONEYGRAM INTERNATIONAL INC Paymentus Holdings Inc Remitly Global Inc Sabre Corp Taskus Inc Visa Inc

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