Treace Medical Concepts Reports Third Quarter 2026 Financial Results

PONTE VEDRA, Fla., Nov. 06, 2026 (GLOBE NEWSWIRE) -- Treace Medical Concepts, Inc. ("Treace" or the "Company") (NasdaqGS: TMCI), a medical technology company with the goal of being the recognized leader in the surgical treatment of bunions and other foot & ankle conditions, today reported financial results for the third quarter ended September 30, 2026.

Recent Highlights * Generated revenue of $48.3 million in the third quarter 2026. * Improved third quarter 2026 net loss by 23% to $(12.6) million, and Adjusted EBITDA by $2.9 million to $0.3 million when compared to the prior year period. * Reduced year-to-date cash usage by 53% or $9.7 million when compared to the same period in 2025. Cash, cash equivalents, and marketable securities totaled $39.8 million as of September 30, 2026. * Announced 5-Year results of a prospective, multicenter study demonstrating long term, positive outcomes of the Lapiplasty(®) procedure; a first-in-industry milestone for a commercial instrumented bunion correction system. * Increased adoption of expanded bunion portfolio with approximately 45% of Lapiplasty(® )surgeon users now incorporating one or more of the Company’s three new bunion systems launched in the third quarter 2025, up from 40% in the second quarter of 2026. “We are encouraged by our third quarter performance, reflecting accelerated double-digit case volume growth and continued market share gains – driven by increasing adoption of our comprehensive range of best-in-class bunion systems, as well as our expanding portfolio of new technologies including our SuperBite™ compression screws. These new product offerings are allowing us to penetrate a much broader range of our surgeon customers’ most common foot and ankle procedures,” said John T. Treace, CEO and Chairman of Treace Medical. “We continue to make disciplined investments in key growth initiatives with an emphasis on our product pipeline, while staying focused on improving profitability and reducing cash usage. We believe this balanced approach positions us to build momentum and deliver stronger growth to finish the year.”