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ATEC
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ATECAlphatec Holdings, Inc.
$7.44$1.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
ATEC logo

Alphatec Holdings, Inc.

ATEC
NASDAQ · Medical Devices
$7.44
At close - Nov 6, 4:00 PM EST - USD
Market Cap$1.14B
P/E-13.5x
52W High$23.29
Volume3.16M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Gross Margin Recovery Yet Thin Equity And Leverage Risk

Alphatec's gross margin rebounded from 61.1% in 2026Q1 to 71.5% in 2026Q3, suggesting pricing and mix are supporting unit economics even though the company remains loss-making below the gross line.

GrowthMixed
ProfitabilityStrained
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

ATEC price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

4/12 Beats

EPS beat 4 of last 12 quarters

02

Valuation risk

-146% Peers

P/E is 146% below peer median

03

Market leadership

RS 26 · Lag

Laggard (Underperforming 74% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Jan 29

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
ATEC-64.16%
S&P 500 (^GSPC)+7.63%
1-Year Return
ATEC-61.87%
S&P 500 (^GSPC)+9.69%
3-Year Return
ATEC-27.84%
S&P 500 (^GSPC)+62.78%
5-Year Return
ATEC-40.10%
S&P 500 (^GSPC)+50.76%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-13.5x
Forward P/E
25.3x
EV/EBITDA
28.4x
FCF YieldCash Flow
0.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-13.5x
N/A
N/A
EV/EBITDA
28.4x
N/A
N/A
Price/FCF
232.8x
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$7.28-2.2%
Base (Fair)$12.27+64.9%
Bull$18.14+143.8%
$7.28 Bear$12.27 Base$18.14 Bull
Current Market Price: $7.44
Trades at a 39.4% discount to Base DCF ($12.27)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$764M+25.0% YoY
Net income FY25
-$143M+11.6% YoY
Free cash flow FY25
$3M+102.0% YoY
Operating margin FY25
-10.7%+11.5 pts YoY
ROIC (FY25)-12.6%
Avg ROIC 5Y-34.2%
ROE (TTM)-547.2%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate4/12 (33%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 29, 2026
$0.09-5.4%
vs $0.10
$221M-1.8%
vs $225M
Q3 2026
Aug 4, 2026
$0.07+0.8%
vs $0.07
$214M+1.1%
vs $211M
Q2 2026
May 5, 2026
-$0.22-2100.0%
vs -$0.01
$192M-2.7%
vs $198M
Q1 2026
Feb 24, 2026
$0.06+50.0%
vs $0.04
$213M+0.7%
vs $212M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·Oct 19, 2026
ATEC to Report Third Quarter 2026 Financial Results on October 29, 2026

CARLSBAD, Calif--(BUSINESS WIRE)--Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced today that it will report third quarter 2026 financial results on October 29, 2026, after the market close. The Company will host a live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET.WebcastTo access the live webcast, please use this link or visit the Events & Presentations section of ATEC's Investor Relations web.

Defense World·Oct 1, 2026
Reviewing LogicMark (OTCMKTS:LGMKD) & Alphatec (NASDAQ:ATEC)

Alphatec (NASDAQ: ATEC - Get Free Report) and LogicMark (OTCMKTS:LGMKD - Get Free Report) are both small-cap healthcare companies, but which is the better stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, analyst recommendations, institutional ownership, earnings and dividends. Analyst Recommendations This is a summary of current ratings

Fool - Investing News·Sep 30, 2026
Alphatec CEO Miles Patrick Purchases 115,000 Shares for $1 Million. Is the Medical Tech Stock Now a Buy?

Patrick's purchase brings his total beneficial ownership to 6.2 million shares worth $54.41 million, signaling confidence despite the stock's 42% decline over the past year.

Business Wire·Sep 23, 2026
ATEC Appoints Tommy Carls Executive Vice President, Data Intelligence and Strategy

CARLSBAD, Calif.--(BUSINESS WIRE)--Alphatec Holdings, Inc. (Nasdaq: ATEC), a spine-focused provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, today announced that Thomas "Tommy" Carls has joined the company as Executive Vice President, Data Intelligence and Strategy. Carls will report directly to Chairman and Chief Executive Officer, Pat Miles, and will serve as a member of ATEC's Senior Leadership Team. In this newly created role, Carls will lead ATEC'.

Filtered for Alphatec Holdings, Inc.More Headlines
04

Compare before deciding

Benchmark ATEC against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Alphatec Holdings, Inc. (ATEC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ATEC logoATECAlphatec Holdings, Inc.Current
$7.44$1.14B-13.4824.95%-10.35%-547.17%—
XTNT logoXTNTXtant Medical Holdings, Inc.
$0.29$40.59M-3.6414.21%-10.17%-23.45%—
GMED logoGMEDGlobus Medical, Inc.
$71.05$9.58B17.3316.65%17.76%11.82%—
SYK logoSYKStryker Corporation
$325.87$124.93B34.6011.16%13.78%15.61%1.03%
ZBH logoZBHZimmer Biomet Holdings, Inc.
$105.59$20.43B26.337.2%8.96%6.05%0.91%
MDT logoMDTMedtronic plc
$101.80$130.7B25.018.43%13.93%10.51%2.78%

Compare ATEC vs Peers

Alphatec Holdings, Inc. (ATEC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs XTNT

Most directly comparable listed peer for ATEC.

Scale Benchmark

vs ISRG

Larger-name benchmark to compare ATEC against a more recognizable public peer.

Peer Set

Compare Top 5

vs XTNT, GMED, SYK, ZBH

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

ATEC SEC Filings & Documents

Alphatec Holdings, Inc. (ATEC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 29, 2026·SEC

Material company update

Aug 4, 2026·SEC

Material company update

Jun 11, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 27, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Oct 29, 2026·SEC

FY 2026

Aug 4, 2026·SEC

FY 2026

May 5, 2026·SEC

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ATEC Frequently Asked Questions

Alphatec Holdings, Inc. (ATEC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Alphatec Holdings, Inc.'s revenue?

Alphatec Holdings, Inc. (ATEC) reported $839.7M in revenue over the trailing twelve months. Revenue was $764.2M in fiscal year 2025. That is 4188% more than the $17.8M of fiscal year 2004.

How fast is Alphatec Holdings, Inc. growing?

Alphatec Holdings, Inc. (ATEC) grew revenue by 15.3% over the trailing twelve months, compared with the twelve months before.

Is ATEC profitable?

No. Alphatec Holdings, Inc. (ATEC) reported a net loss of $86.9M over the trailing twelve months.

Dividend & Returns
What is ATEC's return on equity?

Alphatec Holdings, Inc. (ATEC) had a return on equity (ROE) of -547.2% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is Alphatec Holdings, Inc.'s free cash flow?

Alphatec Holdings, Inc. (ATEC) generated $4.9M in free cash flow over the trailing twelve months.

What if you invested $1,000 in ATEC back in 2004?

Total return calculator · dividends reinvested · 22+ years of data

See returns →