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Xtant Medical Holdings, Inc. revenue

Xtant Medical Holdings, Inc.'s revenue was $134m in fiscal 2025, up 14.2% on the year before. Since fiscal 2010 ($15.4m) it has grown at a compound 15.5% a year. Over the last twelve months it was $110m.

Revenue history

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

Xtant Medical Holdings, Inc.: revenue history, annual
Fiscal year2010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue1530333335599083726553555891117134110
Growth on the year before—+95.6%+9.4%+0.3%+6.8%+68.0%+51.7%−8.2%−12.6%−10.4%−17.5%+3.6%+4.9%+57.5%+28.4%+14.2%—
Gross profit1221231922396250434334323255688465
Gross margin78.2%69.8%68.7%57.1%63.1%65.9%69.2%60.6%60.2%65.7%64.5%58.8%55.4%60.8%58.2%62.9%59.4%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Products $115M ▼ 0.5%
Orthobiologics $72.9M ▲ 9.7%
Spinal Implant $42.3M ▼ 14.3%
Licenses $18.7M ▲ 1146.5%
License Revenue $18.7M ▲ 1146.5%
Bill and Hold Transactions $400,000 —

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $122M 91.4% ▲ 16.0%
Outside the US $11.5M 8.6% ▼ 2.3%

From Xtant Medical Holdings, Inc.'s 10-K filed March 31, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Health Care Equipment: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Xtant Medical Holdings, Inc. $110m -14.3% 17.3%
Sanara Medtech Inc. $110m 13.0% 22.6%
Owlet, Inc. $115m 28.2% 29.3%
Ceribell, Inc. $102m 31.7% —
Outset Medical, Inc. $118m -1.3% -3.1%
Anika Therapeutics, Inc. $121m 5.3% 0.3%

Compare with peers

Head to head: SMTI vs XTNTOWLT vs XTNTCBLL vs XTNT

More: Health Care Equipment stocks compared, Health Care sector, rankings of US companies

Figures from Xtant Medical Holdings, 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 Xtant Medical Holdings, Inc.