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Alphatec Holdings Reports Q4 Revenue Of $212.2M-$213.2M; FY25 Revenue Of $763.4M-$764.4M; Projects $890M Total Revenue For 2026

Benzinga·01/12/2026 14:07:30
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  • Full-year 2025 total revenue grew 25% to approximately $764 million
  • Expect full-year 2026 total revenue of $890 million

Alphatec Holdings, Inc. (NASDAQ:ATEC), a spine-focused provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced today preliminary financial results for the fourth quarter and full-year ended December 31, 2025. The Company also provided a financial outlook for full-year 2026.

Preliminary, Unaudited Fourth Quarter and Full-Year 2025 Select Financial Results

 

Fourth Quarter Ended

December 31, 2025

Full Year Ended

December 31, 2025

Surgical Revenue $189.3M to $190.0M $686.3M to $687.0M
EOS Revenue $22.9M to $23.2M $77.1M to $77.4M
Total Revenue $212.2M to $213.2M $763.4M to $764.4M

Preliminary total revenue grew approximately 25% in the full year 2025. Strong surgeon adoption drove full-year 2025 surgical revenue growth of 26% with surgical volume growth of 24% and average revenue per procedure growth of 2%.

Strong revenue growth continues to drive leverage, and the Company re-affirms its full-year 2025 adjusted EBITDA guidance of $91 million. Cash balance as of December 31, 2025, approximated $161 million and the Company continues to expect fourth-quarter free cash flow in the range of $6 million to $8 million.