earnings
confidence high
sentiment positive
materiality 0.75
Alphatec FY2025 revenue $764M (+25% YoY); guides FY2026 ~$890M, raises EBITDA guidance
Alphatec Holdings, Inc.
2025-FY EPS reported
-$0.96
revenue$764,155,000
- Full-year 2025 total revenue $764M (+25% YoY); GAAP net loss $143M; non-GAAP net income $8M.
- Q4 2025 revenue $213M; adjusted EBITDA $33M (16% margin), expanding 390 bps YoY; positive Q4 free cash flow $8M.
- FY2026 guidance: revenue ~$890M (+17%); adj. EBITDA ~$134M (15% of rev, up from $130M); FCF >=$20M.
- Surgical revenue $190M in Q4 (+21% YoY); net new surgeon users +23% in Q4, +20% full year.
- Valence intraoperative platform cleared and released; EOS Insight proliferation noted.