Quarterly ResultMay 5, 2026, 05:02 PM
Alphatec Q1 Revenue +13.6% to $192.1M; Net Loss Narrows to $33.9M
AI Summary
Alphatec Holdings, Inc. reported a 13.6% increase in revenue from products and services to $192.1 million for the first quarter of 2026, compared to $169.2 million in the prior year. The company significantly narrowed its net loss to $33.9 million, or $0.22 per share, an improvement from a $51.9 million net loss, or $0.35 per share, in Q1 2025. Operating activities generated positive cash flow of $1.3 million, a notable improvement from a cash outflow in the previous year, despite a decrease in overall cash and cash equivalents.
Key Highlights
- Revenue from products and services increased 13.6% to $192.1 million.
- Gross profit rose 17.7% to $136.5 million for the quarter.
- Net loss narrowed to $33.9 million, or $0.22 per share, from $51.9 million.
- Operating loss improved to $22.6 million from $44.3 million in Q1 2025.
- Net cash provided by operating activities was $1.3 million, up from $(5.0) million.
- Cash and cash equivalents decreased to $139.9 million from $160.8 million QoQ.
- Total current liabilities increased to $240.2 million from $219.2 million QoQ.
- Long-term debt increased to $507.9 million from $501.4 million QoQ.