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24.02.26 - 22:09
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ATEC Reports Fourth Quarter and Full-Year 2025 Financial Results (Business Wire)
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Full-year 2025 total revenue grew 25% to $764 million, enabling significant profit margin expansion
Full-year 2026 total revenue expected to approximate $890 million
CARLSBAD, Calif.--(BUSINESS WIRE)--Alphatec Holdings, Inc. (Nasdaq: ATEC), a spine-focused provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, today announced financial results for the quarter and year ended December 31, 2025, and business highlights.
Fourth Quarter and Full-Year 2025 Financial Results
Quarter Ended
December 31, 2025
Year Ended
December 31, 2025
Total revenue
$213 million
$764 million
GAAP gross margin
70%
70%
Non-GAAP gross margin
71%
70%
GAAP operating expenses
$158 million
$614 million
Non-GAAP operating expenses
$132 million
$506 million
GAAP net income / (loss)
($22) million
($143) million
Non-GAAP net income / (loss)
$9 million
$8 million
Non-GAAP adjusted EBITDA
$33 million
$93 million
Non-GAAP adjusted EBITDA margin
16%
12%
Ending cash balance
$161 million
Fourth Quarter Highli...
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