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 five-year period, Azenta, Inc.’s revenue showed notable volatility. In 2021, revenue stood at approximately 514 million USD, rising modestly by 2022 to about 555 million USD—a growth rate of roughly 8%. However, 2023 witnessed a sharp decline to 142 million USD, representing nearly a 75% drop from the prior high, before rebounding to 594 million USD in 2025. Gross profit trends mirrored these shifts: after maintaining a stable margin in 2021 and 2022 (244–256 million USD), it fell drastically in 2023 to 62 million USD but then recovered substantially to 270 million USD by 2025. Operating income remained negative throughout the period, indicating ongoing challenges with core operational efficiency despite revenue fluctuations. Notably, net income experienced extreme swings. In 2021, net income was a positive 111 million USD, which then surged to an unusually high 2133 million USD in 2022—an increase exceeding 1800% that warrants a closer investigation into one-time gains or non-operational factors. In contrast, 2023 and 2024 saw net income turn slightly negative (approximately -14 and -11 million USD, respectively), and by 2025 the net loss deepened to around -56 million USD. This inconsistency, particularly the massive spike in 2022 followed by subsequent declines, suggests that while the company might capture favorable market conditions or benefit from specific events sporadically, its core operations face pressure. Overall, the financial health of Azenta, Inc. appears uneven with revenue and gross profit recovering in later years, but persistent operating losses and volatile net income casts some doubt on the sustainability of its profitability over the long term.
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.