StockWatch
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Medical/Dental Instruments
Quarterly ResultNov 6, 2026, 07:07 AM

Treace Medical Q3 Revenue $48.3M; Net Loss Improves 23%

AI Summary

Treace Medical Concepts reported its third quarter 2026 financial results, with revenue at $48.3 million, a 4% decrease year-over-year. The company improved its net loss by 23% to $(12.6) million and its Adjusted EBITDA by $2.9 million to $0.3 million compared to the prior year period. Year-to-date cash usage was reduced by 53%. Treace updated its full-year 2026 revenue guidance to $206-$210 million and improved its Adjusted EBITDA guidance to a loss of $1.0-$2.0 million.

Key Highlights

  • Revenue of $48.3 million in Q3 2026, a 4% decrease year-over-year.
  • Net loss improved by 23% to $(12.6) million in Q3 2026.
  • Adjusted EBITDA improved by $2.9 million to $0.3 million in Q3 2026.
  • Year-to-date cash usage reduced by 53% ($9.7 million) compared to 2025.
  • Full-year 2026 revenue guidance updated to $206-$210 million.
  • Full-year 2026 Adjusted EBITDA guidance improved to a loss of $1.0-$2.0 million.