AvidXchange Q2 2025 revenue up 5.2% to $110.6M; GAAP net loss of $9.5M on merger costs

AvidXchange Holdings, Inc.

2025-Q2 EPS reported -$0.08 revenue$218,512,000

Total revenue $110.6M (+5.2% YoY); interest income $10.6M (down from $11.8M).
GAAP net loss $(9.5)M vs net income $0.4M YoY; non-GAAP net income $10.7M (flat).
Adjusted EBITDA $17.4M vs $17.5M YoY; GAAP gross margin 66.6%, non-GAAP 73.8%.
Transaction costs of $6.4M incurred related to proposed merger announced May 6, 2025.

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