)
Edge20 Feb 2026
Dollar General: The Rural Retailer Playbook
How Dollar General built a small-box empire across rural America, scaling value and convenience into one of retail's most durable business models.
Treace Medical Concepts
Treace Medical Concepts (TMCI) investor relations material
Treace Medical Concepts Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary27 Feb, 2026
Executive summary
Entered a transformational phase in 2025, evolving from a Lapiplasty-focused to a comprehensive bunion solutions company, now addressing all bunion deformity categories with five instrumented systems.
Fourth quarter 2025 revenue was $62.5 million, down 9% year-over-year; full-year 2025 revenue grew 2% to $212.7 million.
Net loss for Q4 2025 was $9.4 million; full-year net loss was $59.0 million, slightly higher than 2024.
Adjusted EBITDA for Q4 2025 was $6.2 million; full-year adjusted EBITDA loss narrowed to $3.9 million from $11.0 million in 2024.
Active surgeon base grew 6% to 3,337, representing 33% of estimated U.S. bunion surgeons.
Financial highlights
Q4 2025 revenue was $62.5 million, down 9% year-over-year, mainly due to a shift toward lower-priced products.
Gross margin for Q4 2025 was 80.6%, nearly flat compared to 80.7% in Q4 2024; full-year gross margin was 79.8%.
Q4 2025 net loss was $9.4 million ($0.15 per share); full-year net loss per share was $0.93.
Full year 2025 adjusted EBITDA loss improved to $3.9 million from $11.0 million in 2024, a 64% improvement.
Cash, cash equivalents, and marketable securities totaled $48.4 million at year-end 2025.
Outlook and guidance
2026 revenue guidance is $200–$212 million, representing a decline of 6% to flat versus 2025.
Revenue declines expected until Q4 2026, when growth is anticipated due to accelerating case volumes and new product launches.
Q1 2026 revenue expected to decline ~27% sequentially from Q4 2025, with improvement in growth rates each subsequent quarter.
2026 adjusted EBITDA loss expected in the range of $4–$6 million; cash burn projected to decrease by ~50% year-over-year.
Guidance reflects continued case volume growth, offset by product and price mix headwinds.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Treace Medical Concepts earnings date
Q1 20267 May, 2026
Treace Medical Concepts
Next Treace Medical Concepts earnings date
Q1 20267 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Treace Medical Concepts Inc. is a medical technology company focused on developing and commercializing surgical solutions for the treatment of bunion deformities. The company's flagship product, the Lapiplasty 3D Bunion Correction System, is designed to address the root cause of bunions by realigning bones in three dimensions. Treace Medical aims to improve surgical outcomes and reduce recurrence rates for patients suffering from bunions. The company is headquartered in Ponte Vedra, Florida, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage