earningsconfidence high
Tenon Medical Q1 2026 revenue $1.4M (+90% YoY), gross margin expands to 68.5%
Tenon Medical, Inc.
- Revenue $1.4M, up ~90% YoY from $0.7M; gross profit $0.9M, up ~193% YoY.
- Gross margin improved 24 percentage points to 68.5% from 44.5% in Q1 2025.
- Net loss $3.5M ($0.31/share) vs $3.6M ($1.01/share); cash $4.6M at quarter end.
- Closed $4.3M senior convertible note private placement to fund commercial expansion and development.
- Post-quarter: opened Center of Excellence in Tampa, FL and expanded Eastern region sales leadership.
item 2.02item 9.01
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