Alphatec Holdings, Inc.

For the period ended Dec 31, 2025. Filed Feb 24, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 24, 2026

ATEC$7.38-0.8%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(In thousands, except per share amounts)

	Year Ended December 31,
	2025	2024	2023
Revenue from products and services	$764,155	$611,562	$482,262
Cost of sales	232,267	187,300	172,059
Gross profit	531,888	424,262	310,203
Operating expenses:
Research and development	76,268	80,718	70,115
Sales, general and administrative	498,526	450,199	374,080
Litigation-related expenses	23,784	9,799	22,287
Amortization of acquired intangible assets	15,060	16,258	14,284
Transaction-related expenses	—	210	2,113
Restructuring expenses	378	3,247	719
Total operating expenses	614,016	560,431	483,598
Operating loss	(82,128)	(136,169)	(173,395)
Other expense, net:
Interest expense, net	(45,922)	(24,879)	(16,641)
Loss on debt extinguishment	(17,576)	—	—
Gain on derivative liability	620	—	—
Other income (expense), net	1,603	(1,025)	3,121
Total other expense, net	(61,275)	(25,904)	(13,520)
Net loss before taxes	(143,403)	(162,073)	(186,915)
Income tax (benefit) provision	(45)	50	(277)
Net loss	$(143,358)	$(162,123)	$(186,638)
Net loss per share, basic and diluted	$(0.96)	$(1.13)	$(1.54)
Weighted average shares outstanding, basic and diluted	150,064	142,946	121,242

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.