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AngioDynamics, Inc. logo

AngioDynamics, Inc.

angiodynamics.com

What Do They Do?

Sells medical and surgical devices used in minimally invasive procedures for clinicians treating vascular disease and cancer.

How Do They Make Money?

Healthcare providers and distributors buy the company’s medical products. Customers are invoiced when products ship or are delivered, depending on the shipping terms, and generally pay within 30 to 90 days.

revenue
SegmentShareRevenue
Med Tech
Sold outright

47%
FY2023: 29%
Med Device
Sold outright

53%
FY2023: 71%

Who Are Their Customers?

In the United States, the company sells mainly through its direct sales force; internationally, it sells through direct sales and distributors. Buyers include distributors and healthcare professionals such as interventional radiologists, vascular surgeons, urologists and oncologists.

How Are They Changing?

Since the FY2026 annual report
Latest quarter: Q1 FY2027, the three months to Aug 31, 2026
Revenue
▲ +7%
vs $75.7M in Q1 FY2026
Net income
▼ −35% (Loss)
vs −$10.9M in Q1 FY2026

Flat. Revenue was $320.2M in FY2026, about the same as the $316.2M of FY2022.

Med Tech's share of revenue grew The Med Tech segment accounted for a smaller share of revenue in the older report and a larger share in the latest report, while Med Device moved in the opposite direction.

Revenue over time
Med Tech Med Device
$500M$250M$0

Who Do They Compete With?

Competes with Boston Scientific, Cook Medical, MedComp, TeleFlex Medical, Becton Dickinson, Medtronic, Merit Medical, Terumo Medical, Johnson and Johnson, Philips, Stryker, Penumbra, Siemens Healthineers, Abbott Laboratories, Profound Medical, EDAP TMS, and Total Vein Systems

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