---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-061859"
form_type: "8-K"
ticker: "ATEC"
cik: "0001350653"
company_name: "Alphatec Holdings, Inc."
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-22T23:59:44.166489+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ATEC Q1 revenue $169M (+22% YoY); raises FY guidance to $734M; refinances convertible debt to 2030

## Summary
- Surgical revenue $152M (+24%), driven by 17% procedural volume growth and 18% new surgeon adoption increase.
- GAAP net loss $52M; Adjusted EBITDA $11M (6% margin), improving 840 bps YoY.
- FY2025 revenue guidance raised to ~$734M (from $732M) and adjusted EBITDA to ~$78M (from $75M).
- Refinanced convertible debt extending maturity to 2030; ending cash $153M.
- Free cash use improved $55M versus Q1 2024.

## SEC filing metadata
- accession: 0000950170-25-061859
- form_type: 8-K
- ticker: ATEC
- cik: 0001350653
- company_name: Alphatec Holdings, Inc.
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1350653/000095017025061859/0000950170-25-061859-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1350653/000095017025061859/atec-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-061859
- JSON: https://secwatch.observer/filing/0000950170-25-061859.json
- Plain text: https://secwatch.observer/filing/0000950170-25-061859.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.