Treace Medical Concepts/$TMCI
1D1W1M3M6MYTD1Y5YMAX
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About Treace Medical Concepts
Treace Medical Concepts Inc is a commercial-stage orthopaedic medical device company. It is focused on advancing the standard of care for the surgical management of bunion deformities. The company's patented Lapiplasty 3D Bunion Correction procedure is designed to reproducibly correct all planes of the bunion deformity and address the root cause of the bunion, while allowing patients to return to their active lives quickly. The company operates and manages its business as a single segment: designing, manufacturing, and marketing medical devices for surgeons, ambulatory surgery centers, and hospitals related to the surgical management of bunion and related midfoot deformities.
- Ticker
- $TMCI
- Sector
- Health
- Primary listing
- NASDAQ
- Employees
- 450
- Headquarters
- Ponte Vedra, United States
- Website
- www.treace.com
TMCI Metrics
BasicAdvanced
$329M
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-$0.86
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-
Price and volume
Market cap
$329M
52-week high
$5.44
52-week low
$1.17
Average daily volume
290K
Financial strength
Current ratio
2.576
Quick ratio
1.519
Long term debt to equity
1.117
Total debt to equity
1.117
Interest coverage (TTM)
-8.17%
Profitability
EBITDA (TTM)
-42.952
Gross margin (TTM)
79.55%
Net profit margin (TTM)
-27.44%
Operating margin (TTM)
-24.38%
Revenue per employee (TTM)
$450,000
Management effectiveness
Return on assets (TTM)
-16.49%
Return on equity (TTM)
-73.98%
Valuation
Price to revenue (TTM)
1.611
Price to book
5.38
Price to tangible book (TTM)
7.82
Price to free cash flow (TTM)
-17.641
Free cash flow yield (TTM)
-5.67%
Free cash flow per share (TTM)
-0.287
Growth
Revenue change (TTM)
-7.10%
Earnings per share change (TTM)
7.35%
3-year revenue growth (CAGR)
5.20%
3-year earnings per share growth (CAGR)
2.36%
What the Analysts think about TMCI
Analyst ratings (Buy, Hold, Sell) for Treace Medical Concepts stock.
Analyst projections of the future price of Treace Medical Concepts stock.
Bulls say / Bears say
Case volumes grew at a high-single-digit rate in the second quarter, while 40% of Lapiplasty surgeons had adopted at least one of the newer bunion systems. That wider portfolio could help Treace win more procedures and bring new surgeons into its core offering. (Treace Medical Concepts)
Cost control is improving: second-quarter operating expenses fell 8%, and the company cut year-to-date cash usage by 57%. Treace also narrowed its expected 2026 adjusted EBITDA loss, signalling progress towards better operating leverage. (Treace Medical Concepts)
Five-year Lapiplasty study results showed low reported recurrence and sustained improvements in patient-reported outcomes. Durable results may strengthen the procedure’s appeal to surgeons and help distinguish Treace’s offering. (Treace Medical Concepts)
Revenue fell 4% in the second quarter despite faster case growth, as sales shifted towards lower-priced minimally invasive products. Full-year guidance still implies revenue could fall by as much as 4%, and gross margin also declined year on year. (Treace Medical Concepts)
Treace faces intensifying competition and a shift in surgeon and patient preference towards minimally invasive procedures. Its latest filing also warns that lower reimbursement at ambulatory surgery centres and the stronger contracting power of larger device companies could weigh on access and pricing. (StockTitan)
The company remains loss-making, with a second-quarter net loss of $15.9 million and an expected adjusted EBITDA loss of $3 million to $5 million for 2026. Its $45.6 million in cash and marketable securities leaves limited room for error if losses and cash use persist. (Treace Medical Concepts)
Data summarised monthly by Lightyear AI. Last updated on 30 Oct 2026.
TMCI Financial Performance
Revenues and expenses
TMCI Earnings Performance
Company profitability
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