Treace Medical Concepts, Inc. balance sheet

At the end of fiscal 2025, Treace Medical Concepts, Inc. had total assets of $191m, total liabilities of $103m and shareholders' equity of $87.3m. It held $10.7m in cash against $60.0m of debt: net debt of $49.3m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Treace Medical Concepts, Inc.: balance sheet, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	12	18	106	19	13	11	11	13
Receivables	—	14	19	29	38	41	42	29
Inventory	—	8	11	19	29	39	36	40
Total current assets	—	41	138	133	198	161	132	120
Goodwill	—	—	—	0	13	13	13	13
Total assets	—	42	141	159	252	217	191	181
Accounts payable	—	2	4	9	12	11	7	16
Total current liabilities	—	12	18	30	45	35	31	41
Short-term debt	—	2	—	—	—	0	2	3
Long-term debt	—	29	29	53	53	53	56	56
Total debt	0	32	30	54	54	54	60	60
Total liabilities	—	41	48	98	114	104	103	113
Shareholders' equity	3	1	93	61	138	113	87	68
Net debt (negative = net cash)	−12	14	−76	35	41	43	49	47
Shares outstanding	—	—	54m	56m	62m	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Treace Medical Concepts, Inc.: balance sheet, quarterly
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
Receivables	24	41	31	30	33	42	30	29
Inventory	44	39	38	42	41	36	36	40
Total current assets	158	161	149	148	138	132	123	120
Goodwill	13	13	13	13	13	13	13	13
Total assets	213	217	206	206	197	191	184	181
Accounts payable	19	11	13	20	16	7	14	16
Total current liabilities	38	35	33	42	41	31	34	41
Short-term debt	—	0	0	1	2	2	2	3
Long-term debt	53	53	53	53	54	56	56	56
Total debt	53	53	53	55	55	57	58	59
Total liabilities	108	104	101	109	107	103	107	113
Shareholders' equity	105	113	105	98	89	87	77	68
Shares outstanding	62m	—	—	—	—	—	—	—

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Treace Medical Concepts, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Treace Medical Concepts, Inc.