Filing Flows › Alphatec Holdings (ATEC) › Q1 2026
Alphatec Holdings (ATEC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Alphatec Holdings (ATEC) reported revenue of $192M for the first quarter 2026 (Q1 2026), +14% from a year earlier and -10% from the quarter before. Operating margin was -11.8%, net loss $33.9M (17.6% of revenue).
Alphatec Holdings, Q1 2026: revenue $192M (+14% year over year), operating margin -11.8%, net loss $33.9M, operating cash flow $1.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $192M | -10% | +14% |
| Operating profit | −$22.6M | — | — |
| Net earnings | −$33.9M | — | — |
| Operating cash flow | $1.3M | -94% | — |
What changed
Revenue was $192.1M in Q1 2026, up 14% year over year and down 10% from the previous quarter.
Gross margin was 71.0%, up 2.5 points from Q1 2025. Operating costs exceeded revenue by $22.6M, an operating margin of -11.8%. Operating expenses fell 1% while revenue rose 14%. The quarter ended with a net loss of $33.9M, wider than the previous quarter's $21.7M loss.
Operating cash flow was $1.3M. Non-cash charges added back $19.1M of depreciation and amortization and $23.7M of share-based compensation. Working capital and other items used $7.6M. Capital expenditures of $12.1M exceeded it, leaving free cash flow of −$10.8M.
Questions
What was Alphatec Holdings' revenue in the first quarter 2026?
Alphatec Holdings (ATEC) reported revenue of $192M for the first quarter 2026 (Q1 2026), +14% from a year earlier and -10% from the quarter before.
Was Alphatec Holdings profitable in the first quarter 2026?
Operating loss was $22.6M (-11.8% of revenue) and net loss $33.9M.
Source: Alphatec Holdings 10-Q on SEC EDGAR.