NASDAQ$TMCI

Treace Medical Concepts Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Treace Medical Concepts Inc reported Q2 2025 revenue of $47.4 million with continued operating losses.

The company achieved 6.6% year-over-year revenue growth in the second quarter driven by higher bunion procedure kit volumes. Gross margin declined slightly to 79.7% due to product mix and inventory provisions while operating expenses decreased through sales force optimization. Net loss narrowed to $17.4 million from $21.2 million in the prior year quarter.

  • Q2 revenue rose 6.6% to $47.4 million on increased procedure volumes offset by lower average selling prices.
  • Gross margin was 79.7%, down from 80.2% due to distributor mix and higher inventory provisions.
  • Sales and marketing expenses fell 12.2% from sales force optimization and reduced advertising spend.
  • Cash and cash equivalents stood at $8.1 million with marketable securities of $61.2 million at quarter end.

Headline financials

Total Revenue

$47.4M

Previous: $44.5M+6.6%
EPS (adj)

-$0.28

Previous: -$0.34+17.6%
Capital Expenditures

-$8.31M

Previous: -$5.66M-46.9%
Net Income

-$17.4M

Previous: -$21.2M+18.0%
Operating Income

-$17M

Previous: -$21.4M+20.6%
Gross Profit

$37.8M

Previous: $35.7M+5.8%
Cash & Equivalents

$8.05M

Previous: $18.2M-55.7%

Revenue & EPS history

Treace · Revenue · Quarterly

$47.4M

Q2 2025+6.6%vs Q2 2024
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-5.8%

Avg return

Earnings day

-5.9%

Avg return

5 days after

-3.7%

Avg return

30 days after

33%

7 / 21 earnings

Positive

+43.3%

Q3 2024

Best reaction

-62.8%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+4.7%+31.8%+82.3%
Q4 2025-11.0%-30.0%-41.9%
Q3 2025-28.6%-46.6%-56.0%
Q1 2025-9.5%-10.9%-22.9%
Q4 2024-2.1%+0.0%-7.4%
Q3 2024+43.3%+48.1%+42.7%
Q2 2024+2.7%-8.5%-13.9%
Q1 2024-62.8%-60.9%-45.5%
Q4 2023-5.7%-6.4%-8.9%
Q3 2023-42.1%-32.0%-11.4%
Q2 2023-16.9%-20.3%-31.3%
Q1 2023-5.5%-4.9%-0.9%
Q4 2022+21.1%+19.0%+37.5%
Q3 2022+1.9%+16.1%+13.7%
Q2 2022-1.3%+1.0%+10.1%
Q1 2022-14.4%-30.2%-9.3%
Q4 2021-1.0%-7.4%-5.7%
Q3 2021-0.8%-6.6%-28.5%
Q2 2021-3.3%-5.9%-3.2%
Q1 2021+4.7%+14.9%+11.5%
Q4 2020+4.7%+14.9%+11.5%
Q3 2020
Q2 2020
Q1 2020

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