• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    AvidXchange Holdings Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8/6/25 8:00:28 PM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology
    Get the next $AVDX alert in real time by email
    8-K
    false000185825700018582572025-08-062025-08-06

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): August 06, 2025

     

     

    AvidXchange Holdings, Inc.

    (Exact name of Registrant as Specified in Its Charter)

     

     

    Delaware

    001-40898

    86-3391192

    (State or Other Jurisdiction
    of Incorporation)

    (Commission File Number)

    (IRS Employer
    Identification No.)

     

     

     

     

     

    1210 AvidXchange Lane

     

    Charlotte, North Carolina

     

    28206

    (Address of Principal Executive Offices)

     

    (Zip Code)

     

    Registrant’s Telephone Number, Including Area Code: 800 560-9305

     

     

    (Former Name or Former Address, if Changed Since Last Report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:


    Title of each class

     

    Trading
    Symbol(s)

     


    Name of each exchange on which registered

    Common Stock, $0.001 par value per share

     

    AVDX

     

    The Nasdaq Global Select Market

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     


    Item 2.02 Results of Operations and Financial Condition.

    On August 6, 2025, AvidXchange Holdings, Inc. issued a press release announcing its financial results for the second quarter ended June 30, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein in its entirety by reference.


    The information in this Item 2.02 (including Exhibit 99.1) is being furnished under Item 2.02 and Item 9.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

    Item 9.01 Financial Statements and Exhibits.

     

    (d) Exhibits

    Exhibit No.

    Description

    99.1

    Press Release issued by AvidXchange Holdings, Inc. dated August 6, 2025.

    104

    Cover Page Interactive Data File (embedded within the Inline XBRL document).

     


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

     

     

    AvidXchange Holdings, Inc

     

     

     

     

    Date:

    August 6, 2025

    By:

    /s/ Joel Wilhite

     

     

     

    Joel Wilhite
    Chief Financial Officer

     


    Get the next $AVDX alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $AVDX

    DatePrice TargetRatingAnalyst
    3/4/2025$13.00 → $8.00Overweight → Equal Weight
    Barclays
    2/27/2025Overweight → Sector Weight
    KeyBanc Capital Markets
    12/11/2024$14.00Buy
    BTIG Research
    11/7/2024$8.00 → $15.00Neutral → Buy
    Compass Point
    9/4/2024$8.00Neutral
    Compass Point
    8/20/2024$11.00 → $9.00Overweight → Neutral
    JP Morgan
    8/1/2024$15.00 → $10.00Buy → Neutral
    UBS
    4/15/2024$13.00 → $11.50Neutral → Sell
    Goldman
    More analyst ratings

    $AVDX
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    AvidXchange downgraded by Barclays with a new price target

    Barclays downgraded AvidXchange from Overweight to Equal Weight and set a new price target of $8.00 from $13.00 previously

    3/4/25 7:20:00 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    AvidXchange downgraded by KeyBanc Capital Markets

    KeyBanc Capital Markets downgraded AvidXchange from Overweight to Sector Weight

    2/27/25 6:15:55 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    BTIG Research resumed coverage on AvidXchange with a new price target

    BTIG Research resumed coverage of AvidXchange with a rating of Buy and set a new price target of $14.00

    12/11/24 7:22:43 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    $AVDX
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    New AvidXchange Report Shows Finance Teams More Prepared Than in 2020—But Still Investing to Weather Uncertainty

    CHARLOTTE, N.C., July 17, 2025 (GLOBE NEWSWIRE) -- AvidXchange, Inc. a leading provider in accounts payable (AP) automation software and payment solutions for mid-market businesses and their suppliers, today announced the results of its 2025 Economic Sentiment Survey, conducted via Pollfish. The survey of 709 finance professionals reveals a key shift: 67% feel more prepared to handle today's economic uncertainty than they did in 2020, crediting increased technology investment and hard-earned experience. Many are continuing to double down on digital tools to stay agile amid inflation, supply chain disruptions, and ongoing market volatility. Economic Concerns Still Weigh Heavily While con

    7/17/25 10:59:34 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    Media Agencies Under Pressure, Turning to AI to Strengthen Financial Health and Cash Flow, AvidXchange Survey Reveals

    CHARLOTTE, N.C., May 20, 2025 (GLOBE NEWSWIRE) -- AvidXchange Inc. (NASDAQ:AVDX) a leading provider in accounts payable (AP) automation software and payment solutions for mid-market businesses and their suppliers, today announced findings from its 2025 Media Agency Health Survey. The survey polled financial leaders at U.S. media and advertising agencies, revealing rising concerns about cash flow management and growing demand for AI-driven solutions to strengthen their financial health. Key Drivers of Financial HealthAgencies cited revenue growth (92%), data protection (91%), and fraud prevention (88%) as vital to financial stability. Cash flow, improved invoicing, talent management, and

    5/20/25 10:00:00 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    AvidXchange Announces First-Quarter 2025 Financial Results

    Q1'25 revenue growth of 2.2% impacted by a combination of lower transaction volume due to macro weakness and higher comparable float and political contributions in Q1'24Q1'25 versus Q1'24 GAAP gross margin expansion continues on lower unit cost and despite lower year over year transaction volume growthQ1'25 versus Q1'24 net cash provided by operating activities swings to $7.4 million from a use of ($6.4) million in the year ago periodThe Company sustains strong balance sheet with cash and marketable securities of $389.3 million CHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP) automatio

    5/7/25 6:45:00 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    $AVDX
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Officer Wilhite Joel covered exercise/tax liability with 21,151 shares and converted options into 16,324 shares, decreasing direct ownership by 0.60% to 804,014 units (SEC Form 4)

    4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)

    8/19/25 7:43:28 PM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    Officer Stahl Ryan converted options into 9,795 shares and covered exercise/tax liability with 10,680 shares, decreasing direct ownership by 0.13% to 666,341 units (SEC Form 4)

    4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)

    8/19/25 7:43:07 PM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    Chief Executive Officer Praeger Michael converted options into 32,649 shares and covered exercise/tax liability with 27,357 shares, increasing direct ownership by 0.05% to 10,945,998 units (SEC Form 4)

    4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)

    8/19/25 7:42:40 PM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    $AVDX
    SEC Filings

    View All

    Amendment: SEC Form SC 13E3/A filed by AvidXchange Holdings Inc.

    SC 13E3/A - AvidXchange Holdings, Inc. (0001858257) (Subject)

    8/15/25 8:41:10 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    SEC Form DEFM14A filed by AvidXchange Holdings Inc.

    DEFM14A - AvidXchange Holdings, Inc. (0001858257) (Filer)

    8/15/25 6:44:14 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    Amendment: SEC Form SCHEDULE 13G/A filed by AvidXchange Holdings Inc.

    SCHEDULE 13G/A - AvidXchange Holdings, Inc. (0001858257) (Subject)

    8/13/25 12:56:20 PM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    $AVDX
    Financials

    Live finance-specific insights

    View All

    AvidXchange Announces First-Quarter 2025 Financial Results

    Q1'25 revenue growth of 2.2% impacted by a combination of lower transaction volume due to macro weakness and higher comparable float and political contributions in Q1'24Q1'25 versus Q1'24 GAAP gross margin expansion continues on lower unit cost and despite lower year over year transaction volume growthQ1'25 versus Q1'24 net cash provided by operating activities swings to $7.4 million from a use of ($6.4) million in the year ago periodThe Company sustains strong balance sheet with cash and marketable securities of $389.3 million CHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP) automatio

    5/7/25 6:45:00 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    AvidXchange Agrees to be Acquired by TPG in Partnership with Corpay for $2.2 Billion

    CHARLOTTE, N.C., May 06, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX) ("AvidXchange" or the "Company"), a leading provider of accounts payable (AP) automation software and payment solutions, today announced that it has entered into a definitive agreement to be acquired by TPG (NASDAQ:TPG), a global alternative asset management firm, in partnership with Corpay, a global leader in corporate payments. TPG and Corpay will acquire AvidXchange for $10.00 per share in a cash transaction that values AvidXchange at $2.2 billion. TPG will acquire a majority interest in AvidXchange through TPG Capital, the firm's U.S. and European private equity platform. Corpay will acquire a mi

    5/6/25 4:53:33 PM ET
    $AVDX
    $CPAY
    $TPG
    Computer Software: Prepackaged Software
    Technology
    Real Estate
    Investment Managers

    AvidXchange Announces Timing of Its First Quarter 2025 Financial Results Conference Call and Webcast

    CHARLOTTE, N.C., April 08, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that its first quarter 2025 ended March 31, 2025, financial results will be released on Wednesday, May 7, 2025. AvidXchange plans to host a conference call at 10:00 AM ET on May 7, 2025, to discuss the company's financial results. The call will be broadcast live via webcast at https://ir.avidxchange.com/. Following the completion of the call, a recorded replay of the call will be available on the AvidXchange Investor Relations website. About Avid

    4/8/25 8:30:00 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    $AVDX
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by AvidXchange Holdings Inc.

    SC 13G/A - AvidXchange Holdings, Inc. (0001858257) (Subject)

    11/14/24 5:26:29 PM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    SEC Form SC 13G filed by AvidXchange Holdings Inc.

    SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)

    11/14/24 12:19:15 PM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    SEC Form SC 13G filed by AvidXchange Holdings Inc.

    SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)

    11/12/24 9:50:11 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology

    $AVDX
    Leadership Updates

    Live Leadership Updates

    View All

    AvidXchange Names John Feldman Chief Operating Officer, Appoints Doug Anderson as Chief Product Officer

    CHARLOTTE, N.C., Aug. 02, 2023 (GLOBE NEWSWIRE) -- AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that John Feldman has been elevated to the role of Chief Operating Officer of AvidXchange, Inc. Feldman will continue to oversee the transformation of the company's service and fulfillment operations around standardization, sourcing and automation. Additionally, Doug Anderson has joined AvidXchange, Inc. as Chief Product Officer to lead the company's product strategy and innovation. Feldman joined AvidXchange in 2019 as Senior Vice President of Operations. Prior to joining the

    8/2/23 9:00:00 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology