Alphatec Holdings, Inc. (ATEC) Financial Statements
Industry: Surgical & Medical Instruments & Apparatus
In fiscal 2025, Alphatec reported revenue of $764.2M, up 25.0% from $611.6M the year before. Net income was -$143.4M (a -18.8% net margin), or -$0.96 per diluted share. Gross margin was 69.6% and operating margin was -10.7%. Operating activities generated $45.2M of cash, leaving $2.8M of free cash flow. At fiscal year end, Alphatec held $791.2M in total assets against $778.8M in total liabilities, including $160.8M of cash and equivalents.
Open the full interactive Alphatec financials → Quarterly statements, key ratios, valuation history and price charts.
Alphatec Key Stats
| Share Price | $10.82 |
|---|---|
| Market Cap | $1.69B |
| Revenue YoY Growth | +24.9% |
| 52-Week Range | $6.99 – $22.68 |
| Shares Outstanding | 156.6 million (basic, 2026 Q2) |
Alphatec Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $144.9M | $243.2M | $350.9M | $482.3M | $611.6M | $764.2M |
| Gross Profit | $102.5M | $157.8M | $233.1M | $310.2M | $424.3M | $531.9M |
| Operating Income | -$58.9M | -$128.1M | -$147.0M | -$173.4M | -$136.2M | -$82.1M |
| Pre-Tax Income | -$78.8M | -$144.2M | -$152.0M | -$186.9M | -$162.1M | -$143.4M |
| Income Tax | $145,000 | $164,000 | $140,000 | -$277,000 | $50,000 | -$45,000 |
| Net Income | -$79.0M | -$144.3M | -$152.1M | -$186.6M | -$162.1M | -$143.4M |
| Diluted EPS | -$1.18 | -$1.50 | -$1.47 | -$1.54 | -$1.13 | -$0.96 |
Alphatec Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $196.5M | $212.9M | $192.1M | $213.5M |
| Net Income | -$28.6M | -$21.7M | -$33.9M | -$25.8M |
| Diluted EPS | -$0.19 | -$0.14 | -$0.22 | -$0.16 |
Alphatec Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | $187.2M | $84.7M | $221.0M | $138.8M | $160.8M |
| Current Assets | $184.2M | $331.2M | $255.6M | $451.1M | $417.4M | $450.9M |
| Total Assets | $261.2M | $572.1M | $513.4M | $805.2M | $775.7M | $791.2M |
| Current Liabilities | $58.3M | $101.1M | $138.9M | $157.6M | $153.0M | $219.2M |
| Total Long-Term Debt | $42.2M | $326.8M | $364.5M | $512.8M | $576.2M | $565.9M |
| Total Liabilities | $131.3M | $492.6M | $550.1M | $727.1M | $789.9M | $778.8M |
| Shareholders' Equity | $129.9M | $79.4M | -$36.7M | $78.1M | -$14.2M | $12.4M |
Alphatec Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$46.4M | -$73.4M | -$75.1M | -$78.5M | -$44.7M | $45.2M |
| Cash From Investing | -$23.9M | -$157.8M | -$58.3M | -$142.0M | -$93.1M | -$53.4M |
| Cash From Financing | $130.8M | $312.0M | $31.2M | $356.9M | $56.2M | $30.0M |
| Free Cash Flow | -$69.5M | -$142.0M | -$124.6M | -$159.0M | -$127.9M | $2.8M |
Figures from Alphatec's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Alphatec financials page for every line item.
Alphatec Company Profile
| Ticker | ATEC |
|---|---|
| Exchange | Nasdaq |
| Industry | Surgical & Medical Instruments & Apparatus |
| Headquarters | Carlsbad, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001350653 |
Frequently Asked Questions
What was Alphatec's revenue in fiscal 2025?
Alphatec (ATEC) reported revenue of $764.2M for fiscal 2025.
What is Alphatec's annual revenue history?
Alphatec's annual revenue by fiscal year: 2020: $144.9M; 2021: $243.2M; 2022: $350.9M; 2023: $482.3M; 2024: $611.6M; 2025: $764.2M.
What was Alphatec's net income in fiscal 2025?
Alphatec reported net income of -$143.4M for fiscal 2025.
What was Alphatec's earnings per share (EPS) in fiscal 2025?
Alphatec's diluted EPS was -$0.96 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Alphatec generate in fiscal 2025?
Alphatec generated $2.8M of free cash flow in fiscal 2025.
What was Alphatec's revenue last quarter?
In its most recent reported quarter (2026 Q2), Alphatec reported revenue of $213.5M.
How much debt does Alphatec have?
Alphatec reported $565.9M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Alphatec are outstanding?
Alphatec reported a weighted average of 156.6 million basic shares outstanding in 2026 Q2.
What is Alphatec's market cap?
Based on its latest closing price, Alphatec (ATEC) has a market capitalization of about $1.69B.
When does Alphatec's fiscal year end?
Alphatec's fiscal year end, as registered with the SEC, is December 31.
Where is Alphatec headquartered?
Alphatec lists its business address in Carlsbad, California in its SEC filings.
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