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Spineway (ALSPW) investor relations material
Spineway Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
9M 2026 revenue was €8.0 million, down 7% YoY; Q3 revenue fell 25% to €2.3 million amid subcontractor supply challenges.
Sales momentum remained strong overall, but quarterly revenue was uneven; regional performance ranged from strong growth in Asia to declines in Latin America and the Middle East and Africa.
Financial highlights
9M revenue was €8.029 million versus €8.618 million in 2025, a 7% decline.
Q3 revenue was €2.287 million versus €3.045 million in 2025, down 25% YoY.
Q1 revenue was €2.177 million, down 23% YoY; Q2 revenue was €3.565 million, up 30% YoY.
Outlook and guidance
Marketing authorizations for arthrodesis and intervertebral disc replacement product lines are expected soon in key Latin American countries.
2026 revenue is scheduled for release on January 26, 2027.
- H1 2024 revenue grew 20% to €6.5M, led by Europe and Latin America, with stable cash position.ALSPW
Q2 2024 TU - 2024 revenue rose 14% to €11.9M, with strong growth in Latin America and Asia.ALSPW
Q4 2024 TU - Revenue up 3% in H1 2026; new bond financing to fund growth and global expansion.ALSPW
H1 2026 - Q1 2026 revenue fell 23% year-over-year, but growth outlook for 2026 remains strong.ALSPW
Q1 2026 TU - Revenue up 4%, gross margin improved, and net loss narrowed amid global expansion.ALSPW
H2 2025 - 2025 revenue rose 4% to €12.4M, with Q4 up 34% on strong global sales and deferred orders.ALSPW
Q4 2025 TU - Q3 2025 revenue jumped 18% year-over-year, led by Premium products and export growth.ALSPW
Q3 2025 TU - Net loss narrowed by €2 million as revenue fell 15%, with growth target and cash position maintained.ALSPW
H1 2025 - Sales up 20% to €6.5m, net loss -€3.4m, and cash secured by convertible bond financing.ALSPW
H1 2024
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