Treace Medical Concepts, Inc. (TMCI) quarterly income statement — complete revenue, gross profit & net income history
Treace Medical Concepts, Inc. (TMCI) annual income statement — 7-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 48.25M | 45.38M | 47.2M | 62.52M | 50.21M | 47.39M | 52.57M | 68.71M | 45.09M | 44.45M | 51.11M | 62.21M | 40.76M | 41.95M | 42.2M | 49.77M | 33.05M | 29.97M | 29.05M | 33.44M |
| Revenue Growth % | -3.91% | -4.24% | -10.22% | -9.01% | 11.37% | 6.6% | 2.86% | 10.44% | 10.62% | 5.96% | 21.12% | 25% | 23.3% | 40% | 45.26% | 48.84% | 52.9% | 45.09% | 55.27% | 38.72% |
| Cost of Goods Sold | 9.9M | 9.77M | 9.79M | 12.12M | 10.51M | 9.63M | 10.68M | 13.23M | 8.95M | 8.78M | 10.13M | 11.47M | 8M | 7.67M | 8.04M | 9.74M | 6.09M | 5.29M | 5.13M | 6.31M |
| COGS % of Revenue | 20.52% | 21.53% | 20.74% | 19.38% | 20.93% | 20.33% | 20.31% | 19.26% | 19.86% | 19.75% | 19.81% | 18.44% | 19.62% | 18.29% | 19.05% | 19.57% | 18.42% | 17.66% | 17.66% | 18.86% |
| Gross Profit | 38.35M | 35.61M | 37.41M | 50.4M | 39.71M | 37.75M | 41.89M | 55.48M | 36.13M | 35.67M | 40.98M | 50.74M | 32.76M | 34.28M | 34.16M | 40.03M | 26.96M | 24.68M | 23.92M | 27.13M |
| Gross Margin % | 79.48% | 78.47% | 79.26% | 80.62% | 79.07% | 79.67% | 79.69% | 80.74% | 80.14% | 80.25% | 80.19% | 81.56% | 80.38% | 81.71% | 80.95% | 80.43% | 81.58% | 82.34% | 82.34% | 81.14% |
| Gross Profit Growth % | -3.42% | -5.68% | -10.71% | -9.15% | 9.89% | 5.83% | 2.23% | 9.33% | 10.29% | 4.07% | 19.98% | 26.77% | 21.49% | 38.91% | 42.81% | 47.53% | 55.23% | 47.67% | 55.51% | 42.64% |
| Operating Expenses | 49.88M | 50.56M | 54.57M | 56.32M | 55.38M | 54.73M | 57.48M | 55.68M | 51.27M | 57.06M | 59.95M | 57.52M | 50.58M | 47.33M | 47.93M | 43.52M | 38.28M | 36.61M | 32.01M | 32.73M |
| OpEx % of Revenue | 103.38% | 111.44% | 115.63% | 90.09% | 110.29% | 115.49% | 109.33% | 81.04% | 113.71% | 128.35% | 117.3% | 92.47% | 124.09% | 112.82% | 113.6% | 87.45% | 115.82% | 122.16% | 110.21% | 97.88% |
| Selling, General & Admin | 45.39M | 46.19M | 49.95M | 51.78M | 49.7M | 49.23M | 51.91M | 50.47M | 46.3M | 51.9M | 54.69M | 53.37M | 46.23M | 43.8M | 44.52M | 39.77M | 34.48M | 33.63M | 28.96M | 29.35M |
| SG&A % of Revenue | 94.07% | 101.79% | 105.83% | 82.82% | 98.98% | 103.89% | 98.75% | 73.46% | 102.7% | 116.75% | 107.01% | 85.79% | 113.42% | 104.41% | 105.51% | 79.92% | 104.32% | 112.21% | 99.7% | 87.78% |
| Research & Development | 4.49M | 4.38M | 4.62M | 4.54M | 4.68M | 5.5M | 5.56M | 5.21M | 4.96M | 5.16M | 5.26M | 4.15M | 4.35M | 3.53M | 3.41M | 3.75M | 3.8M | 2.98M | 3.05M | 3.38M |
| R&D % of Revenue | 9.31% | 9.64% | 9.79% | 7.27% | 9.32% | 11.6% | 10.58% | 7.58% | 11.01% | 11.6% | 10.29% | 6.67% | 10.67% | 8.4% | 8.09% | 7.53% | 11.49% | 9.96% | 10.51% | 10.1% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -11.53M | -14.96M | -17.17M | -5.92M | -15.68M | -16.97M | -15.58M | -204K | -15.13M | -21.38M | -18.97M | -6.78M | -17.82M | -13.05M | -13.78M | -3.5M | -11.32M | -11.93M | -8.1M | -5.6M |
| Operating Margin % | -23.9% | -32.96% | -36.37% | -9.47% | -31.22% | -35.82% | -29.64% | -0.3% | -33.57% | -48.1% | -37.11% | -10.9% | -43.72% | -31.11% | -32.65% | -7.03% | -34.24% | -39.82% | -27.87% | -16.74% |
| Operating Income Growth % | 26.44% | 11.88% | -10.17% | -2802.94% | -3.58% | 20.62% | 17.85% | 96.99% | 15.06% | -63.82% | -37.69% | -93.94% | -57.43% | -9.38% | -70.16% | 37.52% | -107.29% | -194.57% | -477.46% | -253.98% |
| EBITDA | -11.53M | -13.07M | -16.27M | -3.04M | -12.9M | -14.4M | -13.12M | 2.03M | -12.98M | -19.27M | -17.06M | -5.01M | -16.25M | -11.96M | -12.85M | -2.58M | -10.86M | -11.51M | -7.76M | -5.32M |
| EBITDA Margin % | -23.9% | -28.8% | -34.47% | -4.86% | -25.69% | -30.38% | -24.96% | 2.96% | -28.78% | -43.34% | -33.38% | -8.06% | -39.88% | -28.5% | -30.46% | -5.18% | -32.85% | -38.41% | -26.72% | -15.91% |
| EBITDA Growth % | 10.59% | 9.22% | -23.98% | -249.58% | 0.61% | 25.27% | 23.08% | 140.55% | 20.16% | -61.13% | -32.73% | -94.3% | -49.68% | -3.88% | -65.58% | 51.51% | -106.01% | -191.32% | -504.05% | -238.46% |
| D&A (Non-Cash Add-back) | 0 | 1.89M | 899K | 2.88M | 2.78M | 2.58M | 2.46M | 2.24M | 2.16M | 2.12M | 1.91M | 1.77M | 1.56M | 1.09M | 924K | 917K | 459K | 423K | 334K | 276K |
| EBIT | 0 | -14.31M | -16.39M | -8.04M | -14.95M | -16.08M | -14.61M | 813K | -14.05M | -19.89M | -17.36M | -4.98M | -16.23M | -10.99M | -12.17M | -3.1M | -10.94M | -16.29M | -8.09M | -5.59M |
| Net Interest Income | 0 | -1.12M | -1.07M | -823K | -704K | -546K | -470K | -415K | -246K | 64K | 218K | 405K | 274K | 686K | 194K | -915K | -770K | -815K | -942K | -1.02M |
| Interest Income | 387K | 445K | 501K | 527K | 634K | 775K | 841K | 899K | 1.07M | 1.38M | 1.53M | 1.71M | 1.57M | 1.97M | 1.48M | 396K | 420K | 131K | 11K | 6K |
| Interest Expense | -1.58M | 1.56M | 1.57M | 1.35M | 1.34M | 1.32M | 1.31M | 1.31M | 1.31M | 1.31M | 1.32M | 1.3M | 1.3M | 1.28M | 1.28M | 1.31M | 1.19M | 946K | 951K | 1.03M |
| Other Income/Expense | -1.03M | -915K | -794K | -3.47M | -612K | -424K | -340K | -297K | -226K | 176K | 292K | 501K | 297K | 781K | 322K | -915K | -815K | -5.3M | -940K | -1.02M |
| Pretax Income | -12.57M | -15.87M | -17.96M | -9.39M | -16.29M | -17.4M | -15.92M | -501K | -15.36M | -21.21M | -18.68M | -6.28M | -17.52M | -12.27M | -13.45M | -4.41M | -12.13M | -17.23M | -9.04M | -6.62M |
| Pretax Margin % | -26.04% | -34.98% | -38.05% | -15.03% | -32.44% | -36.71% | -30.29% | -0.73% | -34.07% | -47.7% | -36.54% | -10.1% | -42.99% | -29.25% | -31.89% | -8.87% | -36.71% | -57.51% | -31.11% | -19.79% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -12.57M | -15.87M | -17.96M | -9.39M | -16.29M | -17.4M | -15.92M | -501K | -15.36M | -21.21M | -18.68M | -6.28M | -17.52M | -12.27M | -13.45M | -4.41M | -12.13M | -17.23M | -9.04M | -6.62M |
| Net Margin % | -26.04% | -34.98% | -38.05% | -15.03% | -32.44% | -36.71% | -30.29% | -0.73% | -34.07% | -47.7% | -36.54% | -10.1% | -42.99% | -29.25% | -31.89% | -8.87% | -36.71% | -57.51% | -31.11% | -19.79% |
| Net Income Growth % | 22.85% | 8.77% | -12.81% | -1775.05% | -6.04% | 17.96% | 14.75% | 92.02% | 12.33% | -72.81% | -38.81% | -42.36% | -44.41% | 28.8% | -48.89% | 33.34% | -89.05% | -239.05% | -271.55% | -357.85% |
| Net Income (Continuing) | -12.57M | -15.87M | -17.96M | -9.39M | -16.29M | -17.4M | -15.92M | -501K | -15.36M | -21.21M | -18.68M | -6.28M | -17.52M | -12.27M | -13.45M | -4.41M | -12.13M | -17.23M | -9.04M | -6.62M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.19 | -0.24 | -0.28 | -0.15 | -0.26 | -0.28 | -0.25 | -0.01 | -0.25 | -0.34 | -0.30 | -0.10 | -0.28 | -0.20 | -0.22 | -0.06 | -0.23 | -0.31 | -0.18 | -0.12 |
| EPS Growth % | 26.92% | 14.29% | -12% | - | -4% | 17.65% | 16.67% | 92% | 10.71% | -70% | -36.36% | -58.98% | -21.74% | 35.48% | -22.22% | 47.58% | -91.67% | -210% | -273.44% | -335.29% |
| EPS (Basic) | -0.19 | -0.24 | -0.28 | -0.15 | -0.26 | -0.28 | -0.25 | -0.01 | -0.25 | -0.34 | -0.30 | -0.10 | -0.28 | -0.20 | -0.22 | -0.06 | -0.23 | -0.31 | -0.18 | -0.12 |
| Diluted Shares Outstanding | 65.46M | 65.05M | 64.59M | 63.86M | 63.52M | 63.01M | 62.66M | 62.34M | 62.23M | 62.08M | 61.79M | 61.7M | 61.56M | 61.38M | 58.72M | 55.56M | 55.43M | 55.31M | 54.83M | 53.62M |
| Basic Shares Outstanding | 65.46M | 65.05M | 64.59M | 63.86M | 63.52M | 63.01M | 62.66M | 62.34M | 62.23M | 62.08M | 61.79M | 61.7M | 61.56M | 61.38M | 58.72M | 55.56M | 55.43M | 55.31M | 54.83M | 53.62M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |