Alphatec Holdings, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $764.2M | $611.6M | $482.3M | $350.9M | $243.2M |
| Gross profit | $531.9M | $424.3M | $310.2M | $233.1M | $157.8M |
| Operating income | -$82.1M | -$136.2M | -$173.4M | -$147.0M | -$128.1M |
| Operating expenses | $614.0M | $560.4M | $483.6M | $380.0M | $285.8M |
| Cost of revenue | $232.3M | $187.3M | $172.1M | $117.8M | $85.5M |
| Cash from operations | $45.2M | -$44.7M | -$78.5M | -$75.1M | -$73.3M |
| Capital expenditure | $42.5M | $83.2M | $80.5M | $49.5M | $68.5M |
| Free cash flow | $2.8M | -$127.9M | -$159.0M | -$124.6M | -$141.9M |
| Share repurchases | — | — | — | — | $25.0M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $791.2M | $775.7M | $805.2M | $521.0M | $572.1M |
| Total debt | $691.7M | $589.5M | $526.6M | $371.7M | $336.1M |
Shares outstanding 151.4M · Free float 54.6%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.