NASDAQ$SMTI

Sanara MedTech Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Reported a 22% increase in net revenue and achieved positive net income from continuing operations in Q3 2025.

Sanara MedTech posted strong Q3 2025 results, highlighted by significant revenue growth and improved profitability driven by soft tissue repair product sales.

  • Net revenue rose to $26.3 million, driven by growth in soft tissue repair product sales.
  • Net income from continuing operations reached $0.8 million, a reversal from the prior year's loss.
  • Adjusted EBITDA more than doubled to $4.9 million from $2.6 million in Q3 2024.
  • Gross margin improved to 93% due to higher-margin product mix.

Headline financials

Total Revenue

$26.3M

Previous: $21.7M+21.5%
EPS (adj)

$0.10

Previous: -$0.34+129.4%
Capital Expenditures

-$4.54M

Previous: -$134K-3298.9%
Net Income

$834K

Previous: -$2.86M+129.2%
Operating Income

$2.94M

Previous: -$1.92M+252.9%
Gross Profit

$24.5M

Previous: $19.7M+24.3%

Revenue & EPS history

Sanara MedTech · Revenue · Quarterly

$26.3M

Q3 2025+21.5%vs Q3 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Sanara MedTech · $31.6M total across 2 segments · Q2 2023

  • Soft tissue repair
    $15.8M
  • Bone fusion products
    $15.8M

Forward guidance

Sanara expects to continue executing its commercial strategy while investing in its core surgical business for sustainable revenue growth and profitability.

Tailwinds

  • Focused strategy on core surgical business post-THP exit.
  • Strengthening distribution network with independent reps.
  • Continued penetration into new and existing healthcare facilities.
  • Increased surgeon adoption driving sales.
  • Operational efficiencies expected from strategic realignment.

Headwinds

  • Losses from discontinued THP operations impacted overall bottom line.
  • Higher interest expense weighed on net income.
  • Continued R&D and SG&A spending pressuring margins.
  • Equity method investments generating losses.
  • Limited international revenue diversification.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+0.2%

Avg return

Earnings day

-2.3%

Avg return

5 days after

+1.0%

Avg return

30 days after

34%

22 / 64 earnings

Positive

+28.6%

Q4 2014

Best reaction

-25.0%

Q3 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+13.0%+17.3%
Q4 2025-0.3%-7.5%+4.3%
Q3 2025-23.4%-24.9%-7.6%
Q1 2025-9.0%-11.2%-17.9%
Q4 2024-12.6%-15.4%-10.4%
Q3 2024+6.3%-1.0%+2.5%
Q2 2024+14.9%+16.3%+20.2%
Q1 2024-5.0%-2.9%-0.5%
Q4 2023-1.8%-1.1%-13.1%
Q3 2023+18.8%+15.3%+37.5%
Q2 2023-12.5%-13.6%-22.6%
Q1 2023-5.0%-9.2%-5.9%
Q4 2022-0.1%-4.1%+17.9%
Q3 2022+4.1%+7.2%+3.2%
Q2 2022+1.2%-1.7%+13.4%
Q1 2022+5.0%+2.3%-12.2%
Q4 2021+2.5%+10.7%-10.9%
Q3 2021-1.6%-2.2%-15.8%
Q2 2021-8.3%-12.4%-14.5%
Q1 2021+5.2%+14.9%+28.7%
Q4 2020+14.5%+6.8%-4.5%
Q3 2020-4.5%-4.3%+15.7%
Q2 2020+9.8%+13.7%+37.2%
Q1 2020-20.7%-18.2%+28.8%
Q4 2019-4.3%+7.3%+30.9%
Q3 2019-3.9%-5.7%+5.1%
Q2 2019-11.5%-20.1%-17.2%
Q1 2019+0.0%-16.7%-16.7%
Q4 2018+0.0%-16.7%-16.7%
Q3 2018+0.0%+0.0%+0.0%
Q2 2018-10.0%-10.0%-30.0%
Q1 2018+20.0%+0.0%+20.0%
Q4 2017+20.0%+0.0%+20.0%
Q3 2017+0.0%+0.0%-14.3%
Q2 2017+0.0%+16.7%+16.7%
Q1 2017+0.0%+0.0%-22.2%
Q4 2016+0.0%+0.0%-10.0%
Q3 2016-20.0%-20.0%+0.0%
Q2 2016+20.0%+0.0%+0.0%
Q1 2016+0.0%
Q4 2015+0.0%
Q3 2015+0.0%
Q2 2015+0.0%
Q1 2015+11.1%
Q4 2014+28.6%
Q3 2014+0.0%
Q2 2014+0.0%
Q1 2014+0.0%
Q4 2013+0.0%
Q3 2013+14.3%
Q2 2013+0.0%
Q1 2013+16.7%
Q4 2012-12.5%
Q3 2012-16.7%
Q2 2012+6.7%
Q1 2012+0.0%
Q4 2011-4.3%
Q3 2011+0.0%
Q2 2011-10.3%
Q1 2011-11.1%
Q4 2010+3.1%
Q3 2010-25.0%
Q2 2010+2.9%
Q1 2010+5.6%

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