NASDAQ$TELA

TELA Bio Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

TELA Bio reported a net loss of $8.6 million in Q3 2025 despite revenue growth driven by international expansion and product launches.

TELA Bio saw a 9% revenue increase in Q3 2025, supported by international sales and new product configurations. While gross profit improved, the company continued to operate at a loss. Operating expenses decreased year-over-year, and the company ended the quarter with nearly $30 million in cash.

  • Revenue rose to $20.7 million, up 9% year-over-year.
  • Gross profit reached $14.0 million, with a 67.5% gross margin.
  • Net loss was $8.6 million, showing an improvement over the $10.4 million loss last year.
  • Cash and cash equivalents totaled $29.7 million at the end of the quarter.

Headline financials

Total Revenue

$20.7M

Previous: $19M+9.1%
EPS (adj)

-$0.19

Previous: -$0.42+54.8%
Gross Margin

67.5%

Previous: 67.8%-0.4%
Revenue Growth YoY

9.0%

No prior period
Capital Expenditures

-$357K

Previous: -$725K+50.8%
Net Income

-$8.6M

Previous: -$10.4M+17.1%
Operating Income

-$7.55M

Previous: -$9.37M+19.3%
Gross Profit

$14M

Previous: $12.9M+8.6%

Revenue & EPS history

TELA Bio · Revenue · Quarterly

$20.7M

Q3 2025+9.1%vs Q3 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

TELA Bio expects full-year 2025 revenue growth of at least 16%, supported by product portfolio enhancements and sales expansion.

Tailwinds

  • Revenue guidance raised to at least 16% growth for FY2025
  • Credit facility up to $70 million secured to strengthen liquidity
  • Completed hiring goals for U.S. sales force expansion
  • Continued international growth momentum
  • New product configurations positively impacted sales

Headwinds

  • Net loss continued in Q3 2025 despite improved operating performance
  • Gross margin slightly decreased from the prior year
  • Revenue growth partially offset by pricing pressure due to product mix
  • Total assets declined significantly year-over-year
  • No specific breakdown of revenue contribution from new segments or regions

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

-2.5%

Avg return

Earnings day

-3.7%

Avg return

5 days after

+3.7%

Avg return

30 days after

42%

11 / 26 earnings

Positive

+20.2%

Q1 2024

Best reaction

-37.2%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.3%-18.6%
Q4 2025+1.7%-25.8%-12.0%
Q3 2025-9.3%-2.7%+3.6%
Q1 2025+7.2%-0.1%+90.7%
Q4 2024-37.2%-44.9%-59.1%
Q3 2024+2.0%+3.0%-1.7%
Q2 2024-23.9%-23.4%-35.0%
Q1 2024+20.2%+21.2%+16.7%
Q4 2023+4.0%+0.9%-13.8%
Q3 2023-20.3%-21.7%-4.5%
Q2 2023-4.8%-1.2%-2.8%
Q1 2023-3.6%-4.8%+11.2%
Q4 2022-5.5%-3.7%-11.3%
Q3 2022+13.8%+11.2%+44.7%
Q2 2022-6.5%+5.5%+0.9%
Q1 2022-5.7%-7.0%-31.4%
Q4 2021-4.8%-4.8%-20.4%
Q3 2021-3.8%-3.7%-1.7%
Q2 2021+5.0%+4.4%-8.3%
Q1 2021+3.2%+11.5%+5.9%
Q4 2020-6.6%+0.9%-1.8%
Q3 2020-3.5%-0.8%-3.6%
Q2 2020+5.4%+4.1%+20.7%
Q1 2020-2.4%-3.6%+38.6%
Q4 2019+0.6%-0.4%+34.0%
Q3 2019+13.9%+8.8%+32.6%
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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