---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-206530"
form_type: "8-K"
ticker: "ATEC"
cik: "0001350653"
company_name: "Alphatec Holdings, Inc."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:17:35.278855+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# ATEC Q1 rev $192M (+14%), surgical rev +17%; refinances debt with bank facility saving >$6M/yr

## Summary
- Q1 total revenue $192M (14% YoY growth); surgical revenue $178M (+17%) driven by 21% case volume growth.
- GAAP net loss $34M; non-GAAP net income $0M; adjusted EBITDA $21M (11% margin, up 460 bps YoY).
- FY2026 total revenue guided to ~$882M (15% growth); surgical revenue ~$805M; adjusted EBITDA ~$134M (15%).
- Entered $175M Term Loan A + $125M revolver led by JPMorgan; refinances prior debt, extends maturity to 2031.
- New facility reduces interest expense >$6M annually, with potential >$35M total savings; SOFR+275bps at close.

## SEC filing metadata
- accession: 0001193125-26-206530
- form_type: 8-K
- ticker: ATEC
- cik: 0001350653
- company_name: Alphatec Holdings, Inc.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 1.01, 1.02, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1350653/000119312526206530/0001193125-26-206530-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1350653/000119312526206530/atec-20260501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-206530
- JSON: https://secwatch.observer/filing/0001193125-26-206530.json
- Plain text: https://secwatch.observer/filing/0001193125-26-206530.txt

## Source-grounded claims
- claim_id: 00ead39f1ea8d3821291f35cea444acc1c98e972
  claim: Alphatec Holdings, Inc. incurred credit facility of $175.0 million term loan A facility and $125.0 million revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR Rate or the Alternate Base Rate plus an applicable margin based on the maturing fifth anniversary of the Closing Date (the 'Scheduled Maturity Date').
  evidence_excerpt: On May 1, 2026 (the “Closing Date”), Alphatec Holdings, Inc. (the “Company”) and certain of its domestic subsidiaries (collectively, the “Subsidiary Guarantors”), as guarantors party thereto, entered into a senior secured credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent (the “Agent”) and the lenders and issuing banks party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350653/000119312526206530/0001193125-26-206530-index.htm
- claim_id: 2a34cccda849320709ce1b9c16874d08c1eb02b9
  claim: Alphatec Holdings, Inc. reported the quarter ended March 31, 2026 results: revenue $192 million, net income ($34) million. Guidance reaffirmed.
  evidence_excerpt: today announced financial results for the quarter ended March 31, 2026, and business highlights. First Quarter 2026 Financial Results Quarter Ended March 31, 2026 Total revenue $192 million GAAP gross margin 71% Non-GAAP gross margin 72% GAAP operating expenses $159 million Non-GAAP operating expenses $132 million GAAP net income / (loss) ($34) million Non-GAAP net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350653/000119312526206530/0001193125-26-206530-index.htm
- claim_id: 826c445b3c120dc91307b9bafb6d67366ea6dd9b
  claim: Alphatec Holdings, Inc. entered into Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent valued at $175.0 million term loan A facility and a $125.0 million revolving credit facility (effective 2026-05-01).
  evidence_excerpt: On May 1, 2026 (the "Closing Date"), Alphatec Holdings, Inc. (the "Company") and certain of its domestic subsidiaries (collectively, the "Subsidiary Guarantors"), as guarantors party thereto, entered into a senior secured credit agreement (the "Credit Agreement") with JPMorgan Chase Bank, N.A., as administrative agent (the "Agent") and the lenders and issuing banks party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350653/000119312526206530/0001193125-26-206530-index.htm

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