What move does the options market price into Axogen's report?

Implied ±16.1%, either direction · provisional.

How often does Axogen move more than the options market prices?

3 of the last 8 reports moved at least as far as the implied move.

AXGNNasdaqElectromedical & Electrotherapeutic Apparatus

Axogen, Inc. (AXGN) earnings date, market-implied expected move, and options open interest by expiry

52.38

+2.88 · +5.82%

Regular session12:15 ET

Open49.00Volume1.0MMkt cap$3.0BEPS-0.66

Day49.00 – 52.38100%52-wk22.92 – 52.9198%

AXGN

Axogen, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±16.1%implied · straddle

41.5157.49

spot 49.50exp Jan 15ATM strike 50ATM straddle 9.40IV 53%

Nov 3 closeprovisional

Expected move

Inputs

Next report

Jan 11

before open · in 68 days

est.Q4 FY26

Calendar

Next report

Last report

+31.47%

vs ±19.5% implied · ×1.62

shaded = implied · ▲▼ = realized

Oct 28 '26 · confirmed

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

+5.54%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

254 managers

Top fund weight

0.08%

AXGN weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Axogen (AXGN) is expected to report on Jan 11 before open (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±16.0%
avg realized: ±13.5%

May 8 '25May 8 '25confirmed±14.1%▼−23.18%×1.65

Aug 5 '25Aug 5 '25confirmed±22.3%▲+9.32%×0.42

Oct 29 '25Oct 29 '25confirmed±16.5%▲+23.06%×1.40

Jan 12 '26Jan 12 '26confirmed±10.5%▼−5.85%×0.56

Feb 24 '26Feb 24 '26confirmed±13.3%▼−8.14%×0.61

Q1 FY26Apr 28 '26confirmed±15.4%▲+6.60%×0.43

Q2 FY26Jul 29 '26confirmed±16.1%▲+0.53%×0.03

Q3 FY26Oct 28 '26confirmed±19.5%▲+31.47%×1.62

quarterimplied−35%0+35%realized×

Q3 FY26±19.5%▲+31.47%×1.62

Q2 FY26±16.1%▲+0.53%×0.03

Q1 FY26±15.4%▲+6.60%×0.43

Feb '26±13.3%▼−8.14%×0.61

Jan '26±10.5%▼−5.85%×0.56

Oct '25±16.5%▲+23.06%×1.40

2 older reports

Aug '25±22.3%▲+9.32%×0.42

May '25±14.1%▼−23.18%×1.65

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Nov 3 close

0.47OI · 4 expiries · Nov 3 closeP/C open interest · Jan 15 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

985−1%Nov 2016d0.0335,323−5%0.03

64+8%Dec 1844d0.6796+3%0.67

report · Jan 11 · before open · est.

360+4%Jan 1572d7590%

71−7%Apr 16163d0.051,423+15%0.05

ExpiryPutsCallsP/C

Nov 2016d985−1%35,323−5%0.03

Dec 1844d64+8%96+3%0.67

report · Jan 11 · before open · est.

Jan 1572d360+4%7590%0.47

Apr 16163d71−7%1,423+15%0.05

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±16.1%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

3.08%as filednet margin · revenue +8.75% QoQ · +26.22% YoY

Revenue$76M+8.75%

Gross profit$57M74.81%+11.95%

Operating income$955,0001.26%+144.29%

Pre-tax income$2M+253.96%

Net income$2M3.08%+253.96%

Cost of revenue$19M+0.24%

Operating expenses$56M+5.58%

Other income$1M+115.47%

Source: SEC filings · standardized · QE Sep 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 12:15 ET

Intraday

Event sensitivity

FOMC ×1.32· ±3.4% vs ±2.6% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±3.4%11 of 24×1.32

PPIproducer prices±3.1%3 of 10×1.19

NFPjobs report±2.8%5 of 10×1.06

CPIconsumer prices±2.2%6 of 10×0.85

CPROFcorporate profits±2.0%7 of 12×0.76

PCEpersonal income & outlays±1.7%10 of 19×0.66

GDPgross domestic product±1.6%10 of 19×0.62

Bar = avg |move| to ±4% · tick = ±2.6% avg day · ×base = |move| ÷ ±2.6% · min 6 releases

Earnings history

EPS 0.04 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 28 '26 · confirmed	0.04	—
Q2 FY26	Jul 29 '26 · confirmed	-0.03	—
Q1 FY26	Apr 28 '26 · confirmed	-0.38	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod