One plan - full access

No subscription, no auto-renewal, no hidden terms.
Pay once and use it for 30 days.

PRO plan No auto-renewal
$18

30 days of full access
One-time payment

🌐 US & Global Companies
Get access for 30 days →
♧ Secure payment · Instant access

What is included

  • ✓Full access to detailed company analysis
  • ✓Fundamental screener
  • ✓Advanced stock screener filters
  • ✓5 ratings. Separate lists for US & Global Companies and MOEX
  • ✓Company data export in XLSX and CSV
  • ✓MarketCap’s overall ranking of top companies
  • ✓Analytics updates after each new financial report
⚠ The service is not an investment advisor. Financial statement data from public companies is available to everyone - MarketCap structures and analyzes it.
Surgalign Holdings logo
Surgalign Holdings SRGA
report update icon

Quarterly report 2023-Q1
added 05-30-2026

Surgalign Holdings Income Statement 2022-2011 | SRGA

Brief overview of financial results at Surgalign Holdings

The overview follows changes across a five-year period. The revenue attributed to Surgalign Holdings moved from $90.3 million to $82 million between the two endpoints. The cumulative result was −9.2%, corresponding to roughly −1.9% per year. The business did not achieve meaningful top-line expansion.

Gross profit changed from $53.8 million to $40.3 million (−25.2%). The relationship between sales and direct costs deteriorated. Comparing the endpoints gives gross margins of 59.6% and 49.1%. The contraction points to pressure from direct costs or weaker pricing power.

Over the period, EBITDA shifted from −48.4 million dollars to −76.3 million dollars, a change of −57.5%. Operating performance weakened relative to revenue. EBITDA margin moved from −53.7% to −93%. A lower EBITDA share weakens the quality of the result.

The net financial result changed from 6.9 million dollars to −54.6 million dollars. The business lost profitability by the end of the period.

Market value was 7.8 billion dollars at the start and 11.4 million dollars at the end. Market value lagged the financial performance.

Overall conclusion

The current trajectory does not yet confirm a sustainable recovery. The weaker side of the profile includes a softer top-line trend, lower investor confidence and a weaker final result. The key question is whether sales can be converted into sustainable profit.

Annual Income Statement Surgalign Holdings

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

11.4 M 84.6 M 3.75 B 8.75 B 8.04 B 7.79 B 5.68 B 185 M 253 M 177 M 251 M 220 M

Shares

6.56 M 4.09 M 74.4 M 70.2 M 61 M 57.7 M 58.2 M 57.6 M 56.7 M 56.3 M 55.9 M 55.2 M

Historical Prices

1.74 20.7 50.4 125 132 135 97.5 96.3 134 93 148 104

Net Income

-54.6 M -84.7 M -33.8 M -212 M -3.12 M 6.91 M -13.8 M 14.9 M 2.7 M -17.8 M 8.4 M 8.38 M

Revenue

82 M 90.5 M 102 M 117 M 92.1 M 90.3 M 276 M 282 M 263 M 198 M 178 M 169 M

Cost of Revenue

41.7 M 29.8 M 44 M 32.8 M 33.6 M 36.4 M 143 M - - - - -

Gross Profit

40.3 M 60.7 M 57.7 M 84.6 M 58.5 M 53.8 M 133 M 150 M 134 M 80.1 M 85.2 M 77.2 M

Operating Income

-78.5 M -137 M -198 M -243 M -64.8 M -62.7 M -15.3 M - - - - -

Interest Expense

1.01 M 202 K 61 K 12.6 M 2.77 M 3.18 M 1.66 M - - - - -

EBITDA

-76.3 M -135 M -191 M -220 M -50.2 M -48.4 M 1.27 M 43.8 M 26 M -4.57 M 22.6 M 19.8 M

Operating Expenses

120 M 202 M 256 M 328 M 123 M 117 M 149 M 123 M 123 M 96.9 M 70.6 M 65.4 M

General and Administrative Expenses

95.9 M 104 M 124 M 135 M 98.2 M 90.8 M 117 M - 4.8 M - 20 K -

All numbers in USD currency

Quarterly Income Statement Surgalign Holdings

2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

8.07 M 7.86 M 6.74 M 6.64 M 172 M 4.89 M 138 M 114 M 98.1 M 81.7 M 73.2 M 75.8 M 75.8 M 75.2 M 75.2 M 75.1 M 65.7 M 63.5 M 63.5 M 63.4 M 63.2 M 62.7 M 60.5 M 59.4 M 58.5 M - 57.4 M 58 M 58 M - - - - - - - - - - - - - - - - - - - -

Net Income

4.14 M - -9.83 M -5.69 M 27 K - -7.91 M -16.2 M -15.2 M -100 M 123 M -38.6 M -17.9 M -197 M -4.85 M 744 K -9.09 M 799 K 3 M -5.8 M -1.12 M -7.23 M 17.7 M -1.66 M -1.88 M - -3.5 M -1.68 M 2.14 M - - - - - - - - - - - - - - - - - - - -

Revenue

16.7 M - 20.2 M 20.6 M 20.6 M - 20.5 M 24.8 M 23.3 M 26.2 M 27.9 M 54.2 M 73.7 M 31.6 M 76.1 M 82.3 M 69.7 M 23.1 M 24.1 M 22.4 M 22.5 M 71.1 M 67.2 M 71.6 M 70.4 M - 66.5 M 69.9 M 67.5 M - - - - - - - - - - - - - - - - - - - -

Cost of Revenue

6.07 M - 5.49 M 6.41 M 6.41 M - 6.81 M 7.23 M 6.24 M - 11.9 M 31.1 M 33.3 M - 34.6 M 37.6 M 31.7 M - 32.2 M 40.5 M 35.6 M - 33.4 M 34.9 M 34.2 M - 32.4 M 35 M 31.8 M - - - - - - - - - - - - - - - - - - - -

Gross Profit

10.7 M - 14.7 M 14.2 M 14.2 M - 13.7 M 17.6 M 17.1 M 12.8 M 16 M 23.1 M 40.5 M 23.5 M 41.5 M 44.7 M 38 M 17.2 M 17.9 M 8.99 M 14.4 M 36.4 M 33.8 M 36.7 M 36.2 M - 34.1 M 34.9 M 35.7 M - - - - - - - - - - - - - - - - - - - -

Operating Income

-1.14 M - -8 M -13.4 M -8.92 M - -16.9 M -13.3 M -14.4 M - -26.7 M -23.5 M -17.6 M - -3.1 M 1.52 M -7.19 M - 4.91 M -7.46 M -167 K - 34.6 M 386 K -1.97 M - -3.57 M -1.73 M 3.69 M - - - - - - - - - - - - - - - - - - - -

Interest Expense

252 K - 252 K 252 K 252 K - 117 K 101 K - - 21 K 5.97 M 3.56 M - 3.72 M 3.64 M 1.6 M - 611 K 777 K 835 K - 741 K 915 K 819 K - 308 K 392 K 361 K - - - - - - - - - - - - - - - - - - - -

EBITDA

-644 K - -6.26 M -12.2 M -8.36 M - -15.1 M -12.1 M -13.9 M - -20.7 M -18.8 M -15.4 M - 8.31 M 9.01 M -3.49 M - 15.7 M -396 K 3.42 M - 34.6 M 386 K 1.6 M - -3.57 M -1.73 M 8 M - - - - - - - - - - - - - - - - - - - -

Operating Expenses

24.4 M - 23.6 M 27.6 M 23.1 M - 34.6 M 30.9 M 31.5 M - 42.7 M 46.6 M 58.1 M - 44.6 M 43.2 M 45.2 M - 33.3 M 37.4 M 33.7 M - -780 K 36.3 M 38.2 M - 37.6 M 36.7 M 32 M - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

21.1 M - 23.9 M 24.3 M 25.3 M - 27.6 M 25.5 M 25.9 M - 27.8 M 37.1 M 39.2 M - 37.1 M 39 M 31.9 M - 29.7 M 29.3 M 28.4 M - 1.82 M 29.6 M 29.7 M - 28.8 M 28.4 M 27.9 M - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

The income statement is one of the three key financial reports of a company Surgalign Holdings (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Medical devices industry

Issuer Price % 24h Market Cap Country
Abbott Laboratories Abbott Laboratories
ABT
$ 110.59 0.07 % $ 193 B usaUSA
EDAP TMS S.A. EDAP TMS S.A.
EDAP
- - $ 162 M franceFrance
Align Technology Align Technology
ALGN
$ 174.54 0.16 % $ 12.7 B usaUSA
TELA Bio TELA Bio
TELA
$ 0.83 -4.37 % $ 39 M usaUSA
Edwards Lifesciences Corporation Edwards Lifesciences Corporation
EW
$ 104.0 -0.68 % $ 60.8 B usaUSA
Avinger Avinger
AVGR
- -20.74 % $ 369 K usaUSA
CONMED Corporation CONMED Corporation
CNMD
$ 51.21 -1.42 % $ 1.59 B usaUSA
Medtronic PLC Medtronic PLC
MDT
$ 101.59 -1.17 % $ 130 B usaUSA
MiMedx Group MiMedx Group
MDXG
$ 3.37 1.36 % $ 498 M usaUSA
ThermoGenesis Holdings ThermoGenesis Holdings
THMO
- -25.84 % $ 171 K usaUSA
Talis Biomedical Corporation Talis Biomedical Corporation
TLIS
- 3.55 % $ 7.96 M usaUSA
Myomo Myomo
MYO
$ 1.32 -5.71 % $ 55.2 M usaUSA
Insulet Corporation Insulet Corporation
PODD
$ 148.03 -1.19 % $ 10.4 B usaUSA
Profound Medical Corp. Profound Medical Corp.
PROF
$ 7.66 4.36 % $ 232 M canadaCanada
Quanterix Corporation Quanterix Corporation
QTRX
$ 3.3 -2.51 % $ 141 M usaUSA
Viveve Medical Viveve Medical
VIVE
- -15.35 % $ 1.71 M usaUSA
Smith & Nephew plc Smith & Nephew plc
SNN
$ 30.96 -0.29 % $ 26.8 B britainBritain
Sensus Healthcare Sensus Healthcare
SRTS
$ 3.42 7.39 % $ 55.8 M usaUSA
Stryker Corporation Stryker Corporation
SYK
$ 324.18 -0.48 % $ 124 B usaUSA
Tactile Systems Technology Tactile Systems Technology
TCMD
$ 26.61 0.08 % $ 609 M usaUSA
TransMedics Group TransMedics Group
TMDX
$ 91.02 -2.95 % $ 3.09 B usaUSA
SmileDirectClub SmileDirectClub
SDC
- -53.45 % $ 9.71 M usaUSA
Viemed Healthcare Viemed Healthcare
VMD
$ 9.04 1.01 % $ 352 M usaUSA
Varex Imaging Corporation Varex Imaging Corporation
VREX
$ 18.45 0.03 % $ 764 M usaUSA
Acutus Medical Acutus Medical
AFIB
- -26.83 % $ 2.62 M usaUSA
Vivos Therapeutics Vivos Therapeutics
VVOS
$ 0.09 -8.14 % $ 925 K usaUSA
BIOLASE BIOLASE
BIOL
- -13.19 % $ 166 K usaUSA
SeaSpine Holdings Corporation SeaSpine Holdings Corporation
SPNE
- 0.28 % $ 270 M usaUSA
Xtant Medical Holdings Xtant Medical Holdings
XTNT
$ 0.28 -0.68 % $ 39.1 M usaUSA
Zimmer Biomet Holdings Zimmer Biomet Holdings
ZBH
$ 107.39 -0.87 % $ 21.3 B usaUSA
Apollo Endosurgery Apollo Endosurgery
APEN
- - $ 475 M usaUSA
NuVasive NuVasive
NUVA
- - $ 2.07 B usaUSA
Nano-X Imaging Ltd. Nano-X Imaging Ltd.
NNOX
$ 0.37 59.63 % $ 24 M israelIsrael
Penumbra Penumbra
PEN
$ 321.48 -0.11 % $ 12.5 B usaUSA
Conformis Conformis
CFMS
- - $ 16.4 M usaUSA
ViewRay ViewRay
VRAY
- 1.54 % $ 468 M usaUSA
Medigus Ltd. Medigus Ltd.
MDGS
- 10.28 % $ 55.5 M israelIsrael
Boston Scientific Corporation Boston Scientific Corporation
BSX
$ 44.68 1.49 % $ 66.1 B usaUSA
Cutera Cutera
CUTR
- -10.19 % $ 1.99 M usaUSA
Neovasc Neovasc
NVCN
- - $ 111 M canadaCanada
Vapotherm Vapotherm
VAPO
- 6.72 % $ 34 M usaUSA
Nevro Corp. Nevro Corp.
NVRO
- - $ 217 M usaUSA
Venus Concept Venus Concept
VERO
- - $ 726 K usaUSA
Eargo Eargo
EAR
- - $ 10.2 M usaUSA
Sientra Sientra
SIEN
- -16.59 % $ 10.3 M usaUSA
Silk Road Medical, Inc Silk Road Medical, Inc
SILK
- - $ 1.07 B usaUSA
Cardiovascular Systems Cardiovascular Systems
CSII
- 0.15 % $ 844 M usaUSA
ShockWave Medical ShockWave Medical
SWAV
- - $ 12.3 B usaUSA
Inari Medical Inari Medical
NARI
- - $ 4.23 B usaUSA