Xtant Medical Holdings, Inc.

Xtant Medical Holdings, Inc.XTNTEarnings & Financial Report

NYSE · Health Care · Surgical & Medical Instruments & Apparatus

Xtant Medical Holdings, Inc. is a global medical technology company that develops, manufactures and markets orthobiologic products, neurosurgery devices, and regenerative medicine solutions for orthopedic and neurological care providers. It serves patients and medical institutions across North America, Europe and the Asia-Pacific, with core segments covering spinal surgery supplies and bone regeneration products.

XTNT Q4 FY2025 Key Financial Metrics

Revenue

$32.4M

Gross Profit

$17.8M

Operating Profit

$-944.0K

Net Profit

$57.0K

Gross Margin

54.9%

Operating Margin

-2.9%

Net Margin

0.2%

YoY Growth

2.7%

EPS

$0.00

Xtant Medical Holdings, Inc. Q4 FY2025 Financial Summary

Xtant Medical Holdings, Inc. reported revenue of $32.4M (up 2.7% YoY) for Q4 FY2025, with a net profit of $57.0K (up 101.8% YoY) (0.2% margin). Cost of goods sold was $14.6M, operating expenses totaled $18.7M.

Key Financial Metrics

Total Revenue$32.4M
Net Profit$57.0K
Gross Margin54.9%
Operating Margin-2.9%
Report PeriodQ4 FY2025

Revenue Breakdown

Xtant Medical Holdings, Inc. Q4 FY2025 revenue of $32.4M breaks down across 3 segments, led by Orthobiologics at $18.3M (56.6% of total).

SegmentRevenue% of Total
Orthobiologics$18.3M56.6%
Spinal Implant$9.4M29.1%
License Revenue$4.6M14.4%

Xtant Medical Holdings, Inc. Revenue by Segment — Quarterly Trend

Xtant Medical Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Orthobiologics and Spinal Implant) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
Orthobiologics$18.3M$17.1M$19.4M$18.1M
Spinal Implant$9.4M$10.6M$11.1M$11.2M
License Revenue$4.6M$5.5M$5.0M$3.6M

Xtant Medical Holdings, Inc. Annual Revenue by Year

Xtant Medical Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $133.9M).

YearAnnual Revenue
2025$133.9Mvs 2024
2024$117.3Mvs 2023
2023$91.3Mvs 2022
2022$58.0M

Xtant Medical Holdings, Inc. Quarterly Revenue & Net Profit History

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

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$32.4M+2.7%$57.0K0.2%
Q3 FY2025$33.3M+19.0%$1.3M3.9%
Q2 FY2025$35.4M+18.3%$3.5M10.0%
Q1 FY2025$32.9M+18.0%$58.0K0.2%
Q4 FY2024$31.5M+12.1%$-3.2M-10.0%
Q3 FY2024$27.9M+11.7%$-5.0M-18.0%
Q2 FY2024$29.9M+48.0%$-3.9M-12.9%
Q1 FY2024$27.9M+55.3%$-4.4M-15.8%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$27.9M$29.9M$27.9M$31.5M$32.9M$35.4M$33.3M$32.4M
YoY Growth55.3%48.0%11.7%12.1%18.0%18.3%19.0%2.7%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$93.9M$95.6M$98.9M$93.8M$95.8M$103.5M$106.3M$94.1M
Liabilities$46.3M$50.6M$53.2M$50.9M$52.0M$55.0M$55.9M$43.2M
Equity$47.7M$45.0M$45.7M$43.0M$43.9M$48.5M$50.4M$51.0M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-5.8M$-5.1M$-1.7M$665000$1.3M$1.3M$4.6M$5.4M