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.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Tenon Medical, Inc. reported the first quarter ended March 31, 2026 results: revenue $1.4 million, net income $3.5 million, EPS $0.31 per share.

Period: the first quarter ended March 31, 2026
Revenue: $1.4 million
Net income: $3.5 million
EPS: $0.31 per share
Result: reported results

Exact text from the filing

PRESS RELEASE OF TENON MEDICAL, INC., DATED MAY 12, 2026 Exhibit 99.1 Tenon® Medical Reports First Quarter 2026 Financial Results ~ First Quarter 2026 Revenue of $1.4 Million, an Increase of Approximately 90% Compared to Prior Year ~ ~ First Quarter Gross Profit of $0.9 Million, an Increase of Approximately 193% Compared to Prior Year ~ ~ Gross Margin

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Tenon Medical, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-055085

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