earnings
confidence high
sentiment positive
materiality 0.75
ATEC Q2 revenue $214M (+15% YoY); raises FY2026 adjusted EBITDA guidance to $140M
Alphatec Holdings, Inc.
- Total revenue $214M (+15% YoY); surgical revenue $196M (+17% YoY) on 20% case volume growth.
- GAAP net loss $26M; Non-GAAP net income $11M; adjusted EBITDA $36M (16.8% margin, +420 bps YoY).
- Net new surgeon users +24%; ending cash $119M; positive free cash flow.
- FY2026 revenue reaffirmed at ~$882M; adjusted EBITDA guidance raised to ~$140M (from ~$134M).
- Expects at least $20M free cash flow for FY2026.