Filing Flows › Tenon Medical (TNON) › Q1 2026
Tenon Medical (TNON) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Tenon Medical (TNON) reported revenue of $1.4M for the first quarter 2026 (Q1 2026), +90% from a year earlier and -7% from the quarter before. Operating margin was -237.9%, net loss $3.5M (252.1% of revenue).
Tenon Medical, Q1 2026: revenue $1.4M (+90% year over year), operating margin -237.9%, net loss $3.5M, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4M | -7% | +90% |
| Operating profit | −$3.3M | — | — |
| Net earnings | −$3.5M | — | — |
| Operating cash flow | −$3.0M | — | — |
What changed
Revenue was $1.4M in Q1 2026, up 90% year over year and down 7% from the previous quarter.
Gross margin was 68.5%, up 24.0 points from Q1 2025. Operating costs exceeded revenue by $3.3M, an operating margin of -237.9%. Operating expenses grew 6% against revenue growth of 90%. The fastest-growing cost line was Sales & marketing (+13%). The quarter ended with a net loss of $3.5M, wider than the previous quarter's $2.8M loss.
Operating cash flow was −$3.0M. Non-cash charges added back $88K of depreciation and amortization and $331K of share-based compensation. Capital expenditures of $56K exceeded it, leaving free cash flow of −$3.0M.
Questions
What was Tenon Medical's revenue in the first quarter 2026?
Tenon Medical (TNON) reported revenue of $1.4M for the first quarter 2026 (Q1 2026), +90% from a year earlier and -7% from the quarter before.
Was Tenon Medical profitable in the first quarter 2026?
Operating loss was $3.3M (-237.9% of revenue) and net loss $3.5M.
Source: Tenon Medical 10-Q on SEC EDGAR.