earnings
confidence high
sentiment negative
materiality 0.65
Treace Medical Q1 revenue falls 10% to $47.2M; net loss widens to $18.0M
TREACE MEDICAL CONCEPTS, INC.
2026-Q1 EPS reported
-$0.28
revenue$47,198,000
- Revenue $47.2M (-10% YoY); net loss $18.0M ($0.28 loss per share) vs $15.9M loss ($0.25) in Q1 2025.
- Adjusted EBITDA loss of $5.5M vs $(3.8)M prior year; gross margin 79.3% nearly flat.
- Cash, equivalents, and marketable securities $51.9M, up $3.5M from Dec 2025; $115M credit facility available.
- FY2026 revenue guidance reaffirmed at $202-212M (decline 5% to 0%); adjusted EBITDA loss expected $4-6M.
- CEO cites continued market share gains and case volume growth; initiated limited release of SuperBite Compression Screw System.