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ELUT · NASDAQ · Biotechnology

Elutia

Develops drug-eluting biomatrices for surgical reconstruction and implanted-device complications.

$0.8800
After-hours close−0.00 (−0.18%)
At close$0.8816(+0.18%)
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Profile

Elutia Inc.ELUTHealth Care

Develops drug-eluting biological matrices and sells the SimpliDerm franchise for surgical reconstruction. After selling legacy Orthobiologics and CIED businesses, it is focused on the NXT-41 and NXT-41x pipeline, whose advancement depends on FDA authorization.

Develops drug-eluting biologics, combining local drug delivery with biological materials for surgical applications. The remaining commercial franchise is SimpliDerm, while NXT-41 and NXT-41x are being advanced for complications associated with implanted devices.

After rebranding from Aziyo Biologics and selling the Orthobiologics and CIED businesses, operations narrowed around this platform. The Gaithersburg, Maryland site supports development and is intended for commercial production if FDA authorizations are obtained.

Production, laboratory, and administrative activities are concentrated at the Gaithersburg site. Advancement of NXT-41 and NXT-41x and future commercial production depend on FDA authorization.

Company facts

CEOC. Randal (Randy) Mills, Ph.D.
ListedOct 7, 2020
ExchangeNASDAQ
HeadquartersGaithersburg, MD
CountryUnited States
Employees26
CIK0001708527
ISINUS05479K1060

Key statistics

Market cap$38.9M
EPS (ttm)$0.9400
P/E (ttm)0.9362
ROE940.8%
P/B2.44
P/S3.21
Dividend yield
Beta0.29vs XLV −0.10

Year to date +37.7% · Average volume (30d) 58.5K

Analysts

Price target, next 12 months$10.00+1,036.4%Median of 5 analysts · vs the Aug 28 close
ConsensusBuy5 of 5 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

No analyst notes in the last 24 months.

Earnings

EPS

Estimate−$0.15
ReportedDue Nov 12, 2026

Revenue

Estimate$1.0M
ReportedDue Nov 12, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 13, 2026Q2 FY26−$0.15−$0.17−13.3%$2.9M$2.4M−16.3%+9.38%
May 14, 2026Q1 FY26−$0.15−$0.17−13.3%$3.0M$3.1M+3.8%−0.96%
Mar 11, 2026Q4 FY25−$0.14−$0.140.0%$3.3M$3.3M−0.9%+5.50%
Nov 6, 2025Q3 FY25−$0.16−$0.01+93.5%$3.3M$3.3M+0.7%−5.00%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$6.0M$6.3M$3.3M$3.3M$3.1M$2.4M
Gross profit$2.5M$3.1M$1.9M$1.9M$1.8M$1.4M
Operating income−$7.9M−$9.9M−$4.4M−$5.5M−$5.7M−$8.0M
Net income−$3.9M−$9.6M−$3.9M$70.8M−$7.5M−$7.6M
Diluted EPS−$0.21−$0.26−$0.19$1.48−$0.17−$0.18
Gross margin40.7%48.8%55.8%58.5%57.9%59.6%
Operating margin-131.4%-157.7%-131.1%-167.9%-184.4%-327.9%

Fiscal years (4-quarter sums)FY22 $42.6M · FY23 $24.7M · FY24 $24.4M · FY25 $18.9M

Revenue by product · Q2 FY26

Women'S Health$1.3M · 53%
Cardiovascular$1.1M · 47%

Balance sheet, Jun 30, 2026Cash & short-term investments $19.9M · Total debt $10.8M · Total assets $43.6M · Shareholders' equity $15.7M

Dividends

No dividends on record.

Ownership

Institutions Insiders 25.20%

Shares outstanding 44.21M · Float

Float — provider float is below the insider stake.

The provider's float is smaller than the insider stake it should exclude, so it is not shown.

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
HighCape Capital, L.P. · director, 10 percent owner: 9.52M21.53%Form 4Mar 13, 2025
Nantahala Capital Management, LLC4.12M9.99%13GFeb 13, 2026
Orin Hirschman3.07M7.60%13GJan 28, 2026
Knollwood Investment Advisory, LLC2.56M6.30%13GFeb 13, 2026
SilverArc Capital Management, LLC1.78M5.90%13GFeb 12, 2025

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jan 30, 2026Guido J. Neelsdirector+20,000$1.04
Jan 30, 2026Kevin Rakindirector, 10 percent owner: +70,000$1.06
Jan 28, 2026Guido J. Neelsdirector+15,000$1.06
Jan 29, 2026Guido J. Neelsdirector+15,000$1.06
Dec 17, 2025Kevin Rakindirector, 10 percent owner: +50,000$0.5199
View details

Peers

  • AbbVie

    Human and animal-derived dermal matrices for surgical reconstruction

  • Stryker

    Human acellular dermal matrix for soft-tissue reconstruction

  • Integra LifeSciences

    Animal-derived biological mesh for soft-tissue reinforcement

CompareAfter-hours close

CompanyPriceChange
Elutia$0.8800−0.18%$38.9M0.93.2−61.3%
AbbVie$255.80+0.13%$451.38B72.016.87.0+10.2%
Stryker$334.18+1.06%$126.77B34.320.64.9+9.4%
Integra LifeSciences$16.890.00%$1.31B6.60.8+0.8%
Median53.116.84.9+9.4%