Tela Bio, Inc. income statement
In fiscal 2025, Tela Bio, Inc. reported revenue of $80.3m, up 15.8% on the year before, operating income of −$33.8m (a -42.0% margin) and net income of −$38.8m, or −$0.83 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 8 | 15 | 18 | 29 | 41 | 58 | 69 | 80 | 80 |
| Gross profit | 3 | 3 | 9 | 11 | 19 | 27 | 40 | 46 | 54 | 54 |
| Research and development | 6 | 4 | 4 | 4 | 7 | 9 | 10 | 9 | 9 | 10 |
| Selling and marketing | 9 | 14 | 18 | 22 | 29 | 43 | 60 | 65 | 63 | 63 |
| General and administrative | 5 | 5 | 6 | 10 | 12 | 14 | 15 | 15 | 16 | 16 |
| Operating income | −17 | −18 | −19 | −25 | −29 | −39 | −44 | −34 | −34 | −34 |
| Interest expense | 5 | 2 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 7 |
| Income before tax | — | — | — | — | — | −44 | −47 | −38 | −39 | −41 |
| Income tax | — | — | — | — | — | — | — | −0 | 0 | 0 |
| Net income | −21 | −21 | −22 | −29 | −33 | −44 | −47 | −38 | −39 | −41 |
| Diluted EPS | — | −$101.41 | −$17.10 | −$2.23 | −$2.30 | −$2.72 | −$2.04 | −$1.33 | −$0.83 | −$0.78 |
| Diluted shares (average) | — | — | 2m | 13m | 14m | 16m | 23m | 29m | 47m | 53m |
| EBITDA | −16 | −17 | −19 | −25 | −29 | −39 | −44 | −33 | −33 | −33 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19 | 18 | 19 | 20 | 21 | 21 | 19 | 19 |
| Gross profit | 13 | 11 | 13 | 14 | 14 | 14 | 13 | 14 |
| Research and development | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 3 |
| Selling and marketing | 16 | 14 | 17 | 17 | 15 | 14 | 17 | 16 |
| General and administrative | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Operating income | −9 | −8 | −10 | −9 | −8 | −7 | −11 | −9 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Income before tax | −10 | −9 | −11 | −10 | −9 | −9 | −12 | −11 |
| Income tax | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −10 | −9 | −11 | −10 | −9 | −9 | −12 | −11 |
| Diluted EPS | −$0.42 | −$0.17 | −$0.25 | −$0.22 | −$0.19 | −$0.17 | −$0.21 | −$0.20 |
| EBITDA | −9 | −8 | −10 | −9 | −7 | −7 | −10 | −9 |
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