Alphatec Holdings, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 29, 2026, reporting third-quarter revenue of $221.2 million and a net loss of $5.5 million.

Key Highlights

  • Quarterly revenue: Revenue from products and services reached $221,172 thousand for the three months ended September 30, 2026, compared to $196,503 thousand in the same period of 2025, according to the filing.
  • Net loss improvement: The company reported a net loss of $5,471 thousand ($0.03 per share, basic and diluted) for Q3 2026, compared to a net loss of $28,578 thousand ($0.19 per share) in Q3 2025.
  • Nine-month net loss: For the nine months ended September 30, 2026, the company recorded a net loss of $65,158 thousand, versus $121,629 thousand for the same period in 2025.
  • Cash position: Cash and cash equivalents stood at $79,936 thousand as of September 30, 2026, down from $160,806 thousand at December 31, 2025.
  • Accumulated deficit: The accumulated deficit reached $1,489,601 thousand as of September 30, 2026, compared to $1,424,443 thousand at December 31, 2025.
  • Shares outstanding: As of October 22, 2026, there were 155,139,824 shares of common stock outstanding.
  • Long-term debt: Long-term debt totaled $541,696 thousand as of September 30, 2026, compared to $501,412 thousand at December 31, 2025.

Alphatec Holdings Q3 2026 Financial Results: Revenue Growth and Reduced Losses

According to the filing, Alphatec Holdings (NASDAQ:ATEC) reported third-quarter 2026 revenue from products and services of $221,172 thousand, a year-over-year increase from $196,503 thousand in Q3 2025. Gross profit for the quarter was $158,246 thousand, compared to $137,300 thousand in the prior-year quarter. The company reported operating income of $3,245 thousand for Q3 2026, contrasting with an operating loss of $15,933 thousand in Q3 2025. Litigation-related expenses fell sharply to $593 thousand from $6,520 thousand in the same quarter of the prior year.

For the nine months ended September 30, 2026, the company disclosed revenue of $626,793 thousand, up from $551,227 thousand in the same period of 2025. The nine-month operating loss was $21,244 thousand, compared to a loss of $73,309 thousand in the first nine months of 2025. The filing also noted a loss on debt extinguishment of $11,883 thousand in the nine-month period ended September 30, 2026, compared to $17,576 thousand in the same period of 2025. Interest expense, net, for the nine months was $33,300 thousand.

The condensed consolidated balance sheet as of September 30, 2026, showed total assets of $796,745 thousand and total stockholders' deficit of $2,302 thousand, compared to stockholders' equity of $12,426 thousand at December 31, 2025. Inventories grew to $206,873 thousand from $169,444 thousand at year-end 2025. The company disclosed that redeemable preferred stock of 3,319 thousand shares remained issued and outstanding at September 30, 2026, with a carrying value of $23,603 thousand. Stock-based compensation for the nine-month period totaled $55,759 thousand in aggregate across the three quarters, as reported in the stockholders' equity rollforward.

What Was Disclosed

Alphatec Holdings filed its quarterly report for the period ended September 30, 2026, disclosing revenue growth, a narrowed net loss compared to the prior year, reduced cash balances, higher long-term debt, and an increased accumulated deficit of $1,489,601 thousand.