Feed / ATEC

Alphatec Holdings, Inc.

ATEC

Healthcare · 8.84 -1.7% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Alphatec Holdings, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 12 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Company-1.7% todayVolume comparison unavailable
Market group0 of 12 activeEquity Risk · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
  • ATEC's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if ATEC's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Healthcare · Medical Devices

No new filing conclusion is available. 0 of 12 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • ATEC's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements31
Verified relationships6
Evidence supporting the case
  • Latest annual revenue changed +25.0% year over year.
  • Operating margin changed +11.5 percentage points in the latest annual period.
  • Net margin changed +7.7 percentage points in the latest annual period.
Evidence challenging the case
  • Diluted shares increased 5.0% in the latest annual period.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 10, 2026

8.84
6m-35.1%12m-45.4%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$243.2M+67.9%$-1.49+43.5%
2022-12-31$350.9M+44.3%$-1.46+7.5%
2023-12-31$482.3M+37.4%$-1.54+17.3%
2024-12-31$611.6M+26.8%$-1.13+17.9%
2025-12-31$764.2M+25.0%$-0.96+5.0%

What management says matters

Persistent and emerging business drivers

Product pipeline and R&Dmixed · 4 filings
The increase was primarily due to an increase in product volume that was due to the increase in our surgeon user base, continued expansion of our new product portfolio, and increasing adoption of our technology.
10-Q · May 5, 2026
Credit and interest ratesmixed · 2 filings
The increase in interest expense, net, was primarily due to drawing an additional $50.0 million on the Braidwell Term Loan in October 2024, and the amortization of debt discount associated with the 2030 Notes.
10-Q · Oct 30, 2025
Labor availability and costsmixed · 2 filings
The increase in other income, net, during the nine months ended September 30, 2025, was primarily due to receiving the employee retention credit and fluctuations in foreign currency rates.
10-Q · Oct 30, 2025

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

8.84-1.7% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for ATEC. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for ATEC. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind ATEC

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

MFICMidCap Financial Investment CorporationlenderMay 5, 2026

Revolving Credit Facility In September 2022, the Company entered into a revolving credit facility (the “Revolving Credit Facility”) with entities affiliated with MidCap Financial Trust (“MidCap”).

Depended on by

GMEDGlobus Medical, Inc.competitorMay 7, 2026

Pimenta improperly provided inventions to Alphatec Holdings, Inc., a competitor of NuVasive, without granting NuVasive the right of first negotiation under the Agreement.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 9 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

ATEC is currently a Participant in the organic co-movement group Equity Risk. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for ATEC; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.