Tenon Medical Expects 2025 Revenue of $3.91 Million
Tenon Medical issued a letter to shareholders from Steve Foster, President and CEO, which read in part, "2025 was marked by strong commercial execution as we advanced innovation and expanded our differentiated solutions in the marketplace. We delivered both sequential and year over year revenue growth and strengthened our liquidity position, placing Tenon on firmer financial footing heading into 2026. Our expanding product portfolio-driven by the acquisition of sacroiliac joint-specific assets from SiVantage and the recent FDA clearance and commercialization of the SImmetry+ SI Joint Fusion System-positions us to scale revenue and address a broader range of sacro-pelvic fixation and fusion needs. Entering 2026, we have laid a strong foundation for sustained growth through portfolio diversification, commercial expansion, and improved operational alignment. Following record revenue growth in the third quarter, the Company is reporting preliminary, unaudited fourth quarter revenue of approximately $1.45 to $1.48M for the period ended December 31, 2025, representing approximately 90% growth compared to the fourth quarter ended December 31, 2024. Preliminary unaudited full year 2025 revenue is expected to be approximately $3.91 to $3.94M, representing approximately 20% year over year growth. Revenue acceleration in the second half of 2025 was driven by strong procedural volume momentum, which we expect to continue into 2026. This momentum was primarily fueled by adoption among new physician users of both the Catamaran and SImmetry+ systems. These revenue results are preliminary and subject to adjustment upon completion of customary year-end audit procedures. The Company expects to report fourth-quarter and full-year 2025 financial results in March 2026...We believe 2026 will be a milestone year for Tenon, supported by a multi-platform sacro-pelvic fusion strategy that meaningfully strengthens our competitive position and enables physicians to tailor treatment to individual patient anatomy and pathology. This differentiated approach enhances our ability to drive adoption, increase procedure volumes, and capture a greater share of a rapidly expanding market, supporting long-term value creation for our shareholders. Looking ahead, we remain focused on accelerating adoption across our expanded product portfolio and leveraging recent regulatory and clinical milestones to support continued commercial growth. With a strong foundation in place, we are confident in our ability to scale operations, deepen market penetration, and deliver sustained value to our shareholders in the years ahead."
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- Market Dynamics: The upward trend in STMicroelectronics' stock could influence the performance of other related tech stocks, particularly in the semiconductor sector, further boosting investor confidence in the industry.
- Investor Sentiment: As the stock price increases, investor sentiment may become more positive, leading to increased capital inflow and enhancing the company's market position.
- Future Outlook: The rise in STMicroelectronics' stock price may signal positive developments in the company's technological innovation and market demand, further solidifying its competitiveness in the global semiconductor market.
- Quarterly Revenue Growth: Fourth quarter 2025 revenue is projected to be between $1.45 million and $1.48 million, representing approximately 90% year-over-year growth, indicating strong market performance and sustained growth potential for the company.
- Annual Revenue Performance: Full year 2025 revenue is expected to range from $3.91 million to $3.94 million, reflecting a year-over-year growth of about 20%, showcasing Tenon Medical's robust development and increasing market demand in the medical device sector.
- Earnings Release Schedule: The company plans to release its financial results for the fourth quarter and full year 2025 after market close on March 19, 2026, and will hold a conference call to discuss financial details, enhancing investor communication.
- Product Innovation and Market Opportunities: Since the national launch of the Catamaran SI Joint Fusion System in October 2022, Tenon Medical has focused on three commercial opportunities, including primary SI joint procedures, revision of failed SI joint implants, and augmenting spinal fusion, demonstrating its strategic positioning in the medical market.
Financial Performance and Acquisition: Tenon Medical reported a 37.4% decline in revenue for Q2 2025, alongside a significant reduction in operating expenses. The recent acquisition of CyVantage is expected to enhance product offerings and facilitate revenue recovery.
Product Launches and Market Expansion: The company plans to launch the Catamaran SE implant this quarter and initiate alpha surgeries for Symmetry Plus by year-end, aiming to expand its market presence in sacropelvic fixation and drive sales growth through strategic integration and cross-selling opportunities.

Astera Labs Financial Performance: Astera Labs, Inc. shares surged 17.3% in pre-market trading after reporting a record $191.9 million in revenue for Q2, a 20% increase from the previous quarter and a 150% year-over-year rise, along with optimistic third-quarter guidance.
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Penny Stocks to Watch: Tenon Medical, BioXcel Therapeutics, and I-Mab are highlighted as penny stocks to monitor on August 5, 2025, based on their significant Dollar Volume and recent stock price movements.
Company Highlights: Tenon Medical focuses on innovative solutions for SIJ disorders; BioXcel Therapeutics is advancing AI-enabled treatments with promising trial results; and I-Mab is developing immuno-oncology agents, recently securing a substantial equity offering.









