Tenon Medical, Inc.

Tenon Medical, Inc.TNONEarnings & Financial Report

Nasdaq · Health Care · Surgical & Medical Instruments & Apparatus

Tenon Medical, Inc. is a specialized medical device company engaged in the R&D, production and commercialization of innovative orthopedic products including surgical instruments and implant systems, with core focus on the spinal surgery and minimally invasive musculoskeletal treatment segments, primarily serving healthcare markets in the U.S. and Europe.

TNON Q4 FY2025 Key Financial Metrics

Revenue

$1.5M

Gross Profit

$1.0M

Operating Profit

$-2.9M

Net Profit

$-2.8M

Gross Margin

68.7%

Operating Margin

-193.5%

Net Margin

-191.2%

YoY Growth

92.3%

EPS

$0.07

Tenon Medical, Inc. Q4 FY2025 Financial Summary

Tenon Medical, Inc. reported revenue of $1.5M (up 92.3% YoY) for Q4 FY2025, with a net profit of $-2.8M (up 8.3% YoY) (-191.2% margin). Cost of goods sold was $464.0K, operating expenses totaled $3.9M.

Key Financial Metrics

Total Revenue$1.5M
Net Profit$-2.8M
Gross Margin68.7%
Operating Margin-193.5%
Report PeriodQ4 FY2025

Tenon Medical, Inc. Annual Revenue by Year

Tenon Medical, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.9M).

YearAnnual Revenue
2025$3.9Mvs 2024
2024$3.3Mvs 2023
2023$2.9Mvs 2022
2022$691.0K

Tenon Medical, Inc. Quarterly Revenue & Net Profit History

Tenon Medical, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$1.5M+92.3%$-2.8M-191.2%
Q3 FY2025$1.2M+32.2%$-3.3M-284.7%
Q2 FY2025$564.0K-37.4%$-2.8M-491.0%
Q1 FY2025$726.0K+1.0%$-3.6M-498.1%
Q4 FY2024$770.0K-4.7%$-3.1M-400.9%
Q3 FY2024$887.0K-6.0%$-3.2M-359.0%
Q2 FY2024$901.0K+21.3%$-3.8M-424.6%
Q1 FY2024$719.0K+66.1%$-3.6M-497.4%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$719000$901000$887000$770000$726000$564000$1.2M$1.5M
YoY Growth66.1%21.3%-6.0%-4.7%1.0%-37.4%32.2%92.3%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$8.0M$6.0M$13.0M$9.8M$13.4M$11.1M$10.4M$10.8M
Liabilities$4.4M$5.2M$4.8M$3.9M$4.0M$4.4M$5.6M$5.7M
Equity$3.6M$832000$8.2M$6.0M$9.4M$6.7M$4.8M$5.0M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-2.3M$-2.4M$-2.3M$-2.8M$-2.5M$-2.2M$-3.8M$-2.2M