Alphatec Holdings, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $764.2M | $611.6M | $482.3M | $350.9M | $243.2M | $144.9M | $113.4M | $91.7M |
| Cost of Revenue | $232.3M | $187.3M | $172.1M | $117.8M | $85.5M | $42.4M | $35.8M | $28.5M |
| Gross Profit | $531.9M | $424.3M | $310.2M | $233.1M | $157.8M | $102.5M | $77.6M | $63.2M |
| Gross Margin | 69.6% | 69.4% | 64.3% | 66.4% | 64.9% | 70.8% | 68.4% | 69.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $498.5M | $450.2M | $374.1M | $300.0M | $229.3M | $129.2M | $101.7M | $72.6M |
| Operating Income | $-82.1M | $-136.2M | $-173.4M | $-147.0M | $-128.1M | $-58.9M | $-47.3M | $-22.4M |
| Operating Margin | -10.7% | -22.3% | -36.0% | -41.9% | -52.7% | -40.6% | -41.7% | -24.5% |
| Interest Expense | $45.9M | $24.9M | $16.6M | $5.5M | $7.1M | $12.4M | $9.9M | — |
| Pretax Income | $-143.4M | $-162.1M | $-186.9M | $-152.0M | $-144.2M | $-78.8M | $-57.1M | $-30.2M |
| Income Tax Expense | $-45.0K | $50.0K | $-277.0K | $-716.0K | $-1.1M | $145.0K | $-239.0K | $-1.4M |
| Net Income | $-143.4M | $-162.1M | $-186.6M | $-151.3M | $-143.0M | $-79.0M | $-57.0M | $-29.0M |
| Net Margin | -18.8% | -26.5% | -38.7% | -43.1% | -58.8% | -54.5% | -50.3% | -31.6% |
| EPS (Basic) | $-0.96 | $-1.13 | $-1.54 | $-1.46 | $-1.49 | $-1.18 | $-1.09 | $-1.20 |
| EPS (Diluted) | $-0.96 | $-1.13 | $-1.54 | $-1.46 | $-1.49 | $-1.18 | $-1.09 | $-1.20 |
| Shares Outstanding (Basic) | 150.1M | 142.9M | 121.2M | 103.4M | 96.2M | 67.0M | 61.4M | 35.3M |
| Shares Outstanding (Diluted) | 150.1M | 142.9M | 121.2M | 103.4M | 96.2M | 67.0M | 61.4M | 35.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |