TELA Bio Q1 revenue growth beats estimates, loss widens

TELA Bio

12/05/2026 21:21

Overview

US soft-tissue reconstruction firm's Q1 revenue rose 3% yr/yr, beating analyst expectations

Net loss widened to $12.3 mln from $11.3 mln a year earlier

Company reiterated full-year 2026 revenue growth guidance of at least 8%

Outlook

TELA Bio projects full-year 2026 revenue growth of at least 8% over 2025

Company expects second quarter 2026 revenue to be about $20.0 mln

TELA Bio says U.S. commercial organization is fully staffed and European expansion continues

Result Drivers

INTERNATIONAL SALES - Co said Q1 revenue growth was primarily driven by growing international sales, with European revenue up 41% yr/yr

PRODUCT MIX HEADWINDS - U.S. revenue growth was partially offset by a shift toward smaller-sized units, which the co said affected product mix

INVENTORY CHARGES - Gross margin declined due to a higher charge for excess and obsolete inventory as a percentage of revenue

Company press release: ID:nGNX4910bz

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$19.06 mln
$18.60 mln (5 Analysts)
Q1 Net Income
-$12.27 mln
Q1 Basic EPS
-$0.21
Q1 Gross Profit
$12.52 mln
Q1 Income From Operations
-$10.53 mln
Q1 Operating Expenses
$23.05 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

Wall Street's median 12-month price target for TELA Bio Inc is $2.00, about 106.2% above its May 11 closing price of $0.97

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)