TELA Bio Reports Q3 2026 Revenue of $19.0 Million and $9.3 Million Net Loss
TELA Bio reported Q3 2026 revenue of $19.0M, down 8% YoY, and a net loss of $9.3M. Gross profit was $12.3M (64.9% margin). Adjusted EBITDA loss improved to $3.4M. The company reduced operating loss by 21% and implemented cost-cutting measures. International revenue grew 18% YoY, and the company gained market share in its hernia portfolio. TELA Bio also received 510(k) clearance for a new product and regained Nasdaq compliance.
