Alphatec Holdings, Inc.
ATEC Nasdaq· Surgical & Medical Instruments & Apparatus
Last close · Oct 23, 2026
$11.11
KIRA · Stoqly’s AI analyst, in plain words
- Alphatec Holdings, Inc. had $764M of revenue in fiscal 2025, up 25.0% on the year before. Over five years, revenue changed +39.5% a year on average.
- Its operating margin was −10.7%, up 11.5 pts: of every 100 in sales, about −11 is left after running the business.
- Alphatec Holdings, Inc. lost $143M in fiscal 2025.
- Free cash flow was $2.8M in fiscal 2025, 0.4% of revenue.
- Alphatec Holdings, Inc. owes $470M more than it holds in cash.
Market cap
$1.7B
P/E
—
Revenue
$764M
Net income
−$143M
Free cash flow
$2.8M
Operating margin
−10.7%
Alphatec Holdings, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+25.0%
Yes. Sales grew 25.0% last year.
Does it make a profit?
−18.8%
No. It lost money last year.
Does profit turn into cash?
0.4%
Partly. 0.4% of sales ends up as free cash.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Alphatec Holdings, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 24, 2026
- Legal name
- Alphatec Holdings, Inc.
- CIK
- 0001350653
Alphatec Holdings, Inc. · ATEC
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $243M | $351M | $482M | $612M | $764M |
| Revenue growth | 67.9% | 44.3% | 37.4% | 26.8% | 25.0% |
| Gross margin | 64.9% | 66.4% | 64.3% | 69.4% | 69.6% |
| Operating margin | −52.7% | −41.9% | −36.0% | −22.3% | −10.7% |
| Net income | −$143M | −$151M | −$187M | −$162M | −$143M |
| Net margin | −58.8% | −43.1% | −38.7% | −26.5% | −18.8% |
| Diluted EPS | −$1.49 | −$1.46 | −$1.54 | −$1.13 | −$0.96 |
| Cash | |||||
| Cash from operations | −$73.3M | −$75.1M | −$78.5M | −$44.7M | $45.2M |
| Capital expenditure | $68.5M | $49.5M | $80.5M | $83.2M | $42.5M |
| Free cash flow | −$142M | −$125M | −$159M | −$128M | $2.8M |
| FCF margin | −58.3% | −35.5% | −33.0% | −20.9% | 0.4% |
| Share buybacks | $25.0M | — | — | — | — |
| Share count change | 43.5% | 7.5% | 17.3% | 17.9% | 5.0% |
| Debt and strength | |||||
| Cash and short-term investments | $187M | $84.7M | $221M | $139M | $161M |
| Debt incl. finance leases | $327M | $379M | $515M | $578M | $630M |
| Shareholders' equity | $80.7M | −$34.7M | $78.1M | −$14.2M | $12.4M |
| Current ratio | 3.3x | 1.8x | 2.9x | 2.7x | 2.1x |
| Interest coverage | −18.0x | −26.7x | −10.4x | −5.5x | −1.8x |
| Returns and quality | |||||
| Return on capital | −45.9% | −44.7% | −36.8% | −25.3% | −13.5% |
| Return on equity | −135.9% | −657.7% | −859.1% | −507.1% | — |
| Piotroski F-score | 3 | 3 | 4 | 4 | 5 |
| Altman Z'' | −3.1 | −6.3 | −3.5 | −4.3 | −4.6 |
Insiders bought, 12 months
$2.0M
2 insiders
Insiders sold, 12 months
$47.7M
11 insiders
Of sales under plans
35%
$16.6M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Alphatec Holdings, Inc. · ATEC
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $11.11 a share, the company is worth $1.7B.
Source: SEC EDGAR XBRL filings (CIK 0001350653). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.