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Side-by-side financial comparison of Alphatec Holdings, Inc. (ATEC) and Beacon Financial Corp (BBT). Click either name above to swap in a different company.

Beacon Financial Corp is the larger business by last-quarter revenue ($216.7M vs $212.9M, roughly 1.0× Alphatec Holdings, Inc.). Beacon Financial Corp runs the higher net margin — 24.6% vs -10.2%, a 34.8% gap on every dollar of revenue. Over the past eight quarters, Beacon Financial Corp's revenue compounded faster (41.2% CAGR vs 24.0%).

Alphatec Holdings, Inc. is a global medical technology company specializing in spinal surgery solutions. It designs, develops and markets spinal implants, surgical instruments and digital surgery platforms for orthopedic and neurosurgical procedures, serving providers across North America, Europe and core Asia-Pacific markets, addressing degeneration, deformity and trauma spinal pathologies.

Beacon Roofing Supply, Inc. is an American company which sells residential and non-residential roofing products, as well as related building products in North America. As of December 31, 2023, the company had 533 locations throughout all 50 states in the U.S. and six Canadian provinces, and over 8,000 employees. In addition to roofing, local divisions may also sell windows, siding, decking, waterproofing and other external building products. The company is currently headquartered in Herndon, ...

ATEC vs BBT — Head-to-Head

Bigger by revenue
BBT
BBT
1.0× larger
BBT
$216.7M
$212.9M
ATEC
Higher net margin
BBT
BBT
34.8% more per $
BBT
24.6%
-10.2%
ATEC
Faster 2-yr revenue CAGR
BBT
BBT
Annualised
BBT
41.2%
24.0%
ATEC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ATEC
ATEC
BBT
BBT
Revenue
$212.9M
$216.7M
Net Profit
$-21.7M
$53.4M
Gross Margin
70.2%
Operating Margin
-4.1%
Net Margin
-10.2%
24.6%
Revenue YoY
20.4%
Net Profit YoY
34.8%
179.4%
EPS (diluted)
$-0.15
$0.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATEC
ATEC
BBT
BBT
Q1 26
$216.7M
Q4 25
$212.9M
$225.7M
Q3 25
$196.5M
$141.2M
Q2 25
$185.5M
$113.7M
Q1 25
$169.2M
$110.4M
Q4 24
$176.8M
$110.2M
Q3 24
$150.7M
$125.6M
Q2 24
$145.6M
$108.7M
Net Profit
ATEC
ATEC
BBT
BBT
Q1 26
$53.4M
Q4 25
$-21.7M
$53.4M
Q3 25
$-28.6M
$-4.2M
Q2 25
$-41.1M
$22.0M
Q1 25
$-51.9M
$19.1M
Q4 24
$-33.3M
$17.5M
Q3 24
$-39.6M
$20.1M
Q2 24
$-40.7M
$16.4M
Gross Margin
ATEC
ATEC
BBT
BBT
Q1 26
Q4 25
70.2%
Q3 25
69.9%
Q2 25
69.6%
Q1 25
68.6%
Q4 24
68.8%
Q3 24
68.2%
Q2 24
70.5%
Operating Margin
ATEC
ATEC
BBT
BBT
Q1 26
Q4 25
-4.1%
Q3 25
-8.1%
-5.9%
Q2 25
-7.1%
26.0%
Q1 25
-26.2%
23.1%
Q4 24
-13.5%
21.6%
Q3 24
-22.4%
21.3%
Q2 24
-24.3%
19.9%
Net Margin
ATEC
ATEC
BBT
BBT
Q1 26
24.6%
Q4 25
-10.2%
23.6%
Q3 25
-14.5%
-3.0%
Q2 25
-22.2%
19.4%
Q1 25
-30.7%
17.3%
Q4 24
-18.9%
15.9%
Q3 24
-26.3%
16.0%
Q2 24
-27.9%
15.1%
EPS (diluted)
ATEC
ATEC
BBT
BBT
Q1 26
$0.55
Q4 25
$-0.15
$0.64
Q3 25
$-0.19
$-0.05
Q2 25
$-0.27
$0.25
Q1 25
$-0.35
$0.21
Q4 24
$-0.22
$0.20
Q3 24
$-0.28
$0.23
Q2 24
$-0.29
$0.18

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATEC
ATEC
BBT
BBT
Cash + ST InvestmentsLiquidity on hand
$160.8M
$927.3M
Total DebtLower is stronger
$565.9M
Stockholders' EquityBook value
$12.4M
$2.5B
Total Assets
$791.2M
$22.2B
Debt / EquityLower = less leverage
45.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATEC
ATEC
BBT
BBT
Q1 26
$927.3M
Q4 25
$160.8M
$1.8B
Q3 25
$155.7M
$1.2B
Q2 25
$157.1M
Q1 25
$153.2M
Q4 24
$138.8M
$543.7M
Q3 24
$81.0M
Q2 24
$99.8M
Total Debt
ATEC
ATEC
BBT
BBT
Q1 26
Q4 25
$565.9M
Q3 25
$559.7M
$1.1B
Q2 25
$553.9M
$225.6M
Q1 25
$548.4M
$284.6M
Q4 24
$576.2M
$1.5B
Q3 24
$527.7M
$353.6M
Q2 24
$519.2M
$278.6M
Stockholders' Equity
ATEC
ATEC
BBT
BBT
Q1 26
$2.5B
Q4 25
$12.4M
$2.5B
Q3 25
$11.5M
$2.4B
Q2 25
$23.8M
$1.3B
Q1 25
$-85.9M
$1.2B
Q4 24
$-14.2M
$1.2B
Q3 24
$-1.4M
$1.2B
Q2 24
$17.1M
$1.2B
Total Assets
ATEC
ATEC
BBT
BBT
Q1 26
$22.2B
Q4 25
$791.2M
$23.2B
Q3 25
$787.2M
$22.8B
Q2 25
$790.3M
$12.0B
Q1 25
$785.5M
$12.0B
Q4 24
$775.7M
$11.9B
Q3 24
$745.9M
$11.6B
Q2 24
$768.6M
$12.2B
Debt / Equity
ATEC
ATEC
BBT
BBT
Q1 26
Q4 25
45.54×
Q3 25
48.64×
0.45×
Q2 25
23.30×
0.18×
Q1 25
0.24×
Q4 24
1.24×
Q3 24
0.29×
Q2 24
30.34×
0.23×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATEC
ATEC
BBT
BBT
Operating Cash FlowLast quarter
$20.7M
Free Cash FlowOCF − Capex
$7.7M
FCF MarginFCF / Revenue
3.6%
Capex IntensityCapex / Revenue
6.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$2.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATEC
ATEC
BBT
BBT
Q1 26
Q4 25
$20.7M
Q3 25
$14.0M
$-4.8M
Q2 25
$15.5M
$38.5M
Q1 25
$-5.0M
$23.3M
Q4 24
$10.5M
$105.0M
Q3 24
$-5.3M
$19.9M
Q2 24
$-11.4M
$34.8M
Free Cash Flow
ATEC
ATEC
BBT
BBT
Q1 26
Q4 25
$7.7M
Q3 25
$4.8M
$-5.9M
Q2 25
$5.2M
$36.3M
Q1 25
$-15.0M
$19.9M
Q4 24
$8.5M
$100.0M
Q3 24
$-21.2M
$17.2M
Q2 24
$-45.5M
$34.4M
FCF Margin
ATEC
ATEC
BBT
BBT
Q1 26
Q4 25
3.6%
Q3 25
2.4%
-4.2%
Q2 25
2.8%
31.9%
Q1 25
-8.9%
18.0%
Q4 24
4.8%
90.7%
Q3 24
-14.1%
13.7%
Q2 24
-31.3%
31.7%
Capex Intensity
ATEC
ATEC
BBT
BBT
Q1 26
Q4 25
6.1%
Q3 25
4.7%
0.8%
Q2 25
5.6%
1.9%
Q1 25
5.9%
3.1%
Q4 24
1.1%
4.5%
Q3 24
10.5%
2.1%
Q2 24
23.4%
0.3%
Cash Conversion
ATEC
ATEC
BBT
BBT
Q1 26
Q4 25
Q3 25
Q2 25
1.75×
Q1 25
1.22×
Q4 24
5.99×
Q3 24
0.99×
Q2 24
2.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATEC
ATEC

Segment breakdown not available.

BBT
BBT

Net Interest Income$190.8M88%
Noninterest Income$25.9M12%

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