Filing Flows › Alphatec Holdings (ATEC) › Q1 2025
Alphatec Holdings (ATEC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Alphatec Holdings (ATEC) reported revenue of $169M for the first quarter 2025 (Q1 2025), +22% from a year earlier and -4% from the quarter before. Operating margin was -26.2%, net loss $51.9M (30.7% of revenue).
Alphatec Holdings, Q1 2025: revenue $169M (+22% year over year), operating margin -26.2%, net loss $51.9M, operating cash flow −$5.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $169M | -4% | +22% |
| Operating profit | −$44.3M | — | — |
| Net earnings | −$51.9M | — | — |
| Operating cash flow | −$5.0M | — | — |
What changed
Revenue was $169.2M in Q1 2025, up 22% year over year and down 4% from the previous quarter.
Gross margin was 68.6%, down 1.7 points from a year earlier. Operating costs exceeded revenue by $44.3M, an operating margin of -26.2%. Operating expenses grew 14% against revenue growth of 22%. The fastest-growing cost line was Other operating costs (+84%). The quarter ended with a net loss of $51.9M, wider than the previous quarter's $33.3M loss.
Operating cash flow was −$5.0M. Non-cash charges added back $19.9M of depreciation and amortization and $22.3M of share-based compensation. Working capital and other items added $4.6M. Capital expenditures of $9.9M exceeded it, leaving free cash flow of −$15.0M.
Questions
What was Alphatec Holdings' revenue in the first quarter 2025?
Alphatec Holdings (ATEC) reported revenue of $169M for the first quarter 2025 (Q1 2025), +22% from a year earlier and -4% from the quarter before.
Was Alphatec Holdings profitable in the first quarter 2025?
Operating loss was $44.3M (-26.2% of revenue) and net loss $51.9M.
Source: Alphatec Holdings 10-Q on SEC EDGAR.