--- title: "Tenon Medical 10-K: Revenue $3.94M, EPS $(1.70)" type: "News" locale: "en" url: "https://longbridge.com/en/news/280849665.md" description: "Tenon Medical reported fiscal-year revenue of $3.944 million, a 20% increase year-over-year, with a net loss per share of $(1.70). The company improved its gross margin to 60% and narrowed its net loss to $(12.556) million from $(13.673) million the previous year. Revenue growth was driven by higher procedure volume and the SImmetry+ product line. Operating expenses totaled $15.150 million, leading to significant operating losses despite modest declines in R&D and stock-based compensation." datetime: "2026-03-27T21:25:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280849665.md) - [en](https://longbridge.com/en/news/280849665.md) - [zh-HK](https://longbridge.com/zh-HK/news/280849665.md) --- # Tenon Medical 10-K: Revenue $3.94M, EPS $(1.70) Tenon Medical reported fiscal-year revenue of $3.944 million and a net loss per share of $(1.70), driven by higher procedure volume and contribution from the acquired SImmetry+ product line. The company improved gross margin to 60% and narrowed its net loss to $(12.556) million from $(13.673) million the prior year. Operating losses remained significant as operating expenses totaled $15.150 million despite modest declines in R&D and stock-based compensation. **Financial Highlights** - **Revenue**: $3.944 million, up $0.667 million (20%) year-over-year. - **Gross Profit**: $2.358 million; gross margin 60% (vs. 52% in prior year). - **Loss from Operations**: $(12.792) million; operating expenses $15.150 million. - **Net Loss**: $(12.556) million, improved from $(13.673) million in the prior year; includes $0.236 million gain on investments. - **Net Loss Per Share of Common Stock**: $(1.70); weighted-average shares outstanding 7.384 million (basic and diluted). **Business Highlights** - **Revenue Growth Drivers**: Higher procedure volume and the addition of SImmetry+ sales contributed to a 20% increase in revenue. - **Channel & Product Mix**: Growth reflected expanded direct hospital and clinician sales and broader use across primary, revision, and adjunct fusion procedures. - **Brand Momentum**: Continued commercial traction from the national Catamaran launch (October 2022) and the 2025 acquisition of SImmetry+, which broaden clinical offerings and market coverage. - **Operational Efficiency**: Improved gross margin driven by production overhead absorption and operating leverage as volumes increased. - **Commercial & Clinical Execution**: Ongoing clinician training, commission-driven sales expansion, and clinical study efforts aimed at increasing adoption. Original SEC Filing: Tenon Medical, Inc. \[ TNON \] - 10-K - Mar. 27, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [TNON.US](https://longbridge.com/en/quote/TNON.US.md) - [IHI.US](https://longbridge.com/en/quote/IHI.US.md) - [XHE.US](https://longbridge.com/en/quote/XHE.US.md) ## Related News & Research - [Edwards Lifesciences CVP, Strategy/Corp Development Sold Shares Worth Over $1.4M](https://longbridge.com/en/news/286822028.md) - [Tenon Medical Q1 revenue rises 90% on the back of procedure volume growth](https://longbridge.com/en/news/286151281.md) - [Coherent Corp. Rocked by Major Insider Stock Move From Company Director](https://longbridge.com/en/news/286343834.md) - [Lifeward Delays Quarterly Report Amid Deal Accounting](https://longbridge.com/en/news/286586728.md) - [Forward Industries Q2 revenue rises over 4x, posts $283 mln net loss](https://longbridge.com/en/news/286466469.md)