Stocks · Health care · Surgical & Medical Instruments & Apparatus

Tenon Medical, Inc.

TNON Clue Score62
United States Fiscal year ends December CIK 0001560293
$3.41 -0.87% Close, 9 Oct 2026
Price $3.41 +2,143.42% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 27 Apr 2022. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2021Revenue0.2Operating income−6.5Net income−7.0EPS, diluted−7.81Fiscal year 2022Revenue0.7 +331.9%Operating income−18.7Net income−18.9EPS, diluted−23.62Fiscal year 2023Revenue2.9 +323.7%Operating income−15.7Net income−15.6EPS, diluted−68.64Fiscal year 2024Revenue3.3 +11.9%Operating income−13.8Net income−13.7EPS, diluted−11.26Fiscal year 2025Revenue3.9 +20.4%Operating income−12.8Net income−12.6EPS, diluted−1.70
FY2021FY2022FY2023FY2024FY2025
Revenue 0.2 0.7 2.9 3.3 3.9
Growth +331.9% +323.7% +11.9% +20.4%
Operating income −6.5 −18.7 −15.7 −13.8 −12.8
Net income −7.0 −18.9 −15.6 −13.7 −12.6
Growth
EPS, diluted −7.81 −23.62 −68.64 −11.26 −1.70

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2021Gross margin65.6%Operating margin−4,038.1%Net margin−4,405.0%Free cash flow margin−2,746.3%Fiscal year 2022Gross margin−92.8%Operating margin−2,709.8%Net margin−2,737.6%Free cash flow margin−1,862.8%Fiscal year 2023Gross margin42.4%Operating margin−537.1%Net margin−532.1%Free cash flow margin−428.4%Fiscal year 2024Gross margin52.2%Operating margin−420.1%Net margin−417.2%Free cash flow margin−307.1%Fiscal year 2025Gross margin59.8%Operating margin−324.3%Net margin−318.4%Free cash flow margin−279.4%
FY2021FY2022FY2023FY2024FY2025
Gross margin 65.6% −92.8% 42.4% 52.2% 59.8%
Operating margin −4,038.1% −2,709.8% −537.1% −420.1% −324.3%
Net margin −4,405.0% −2,737.6% −532.1% −417.2% −318.4%
Free cash flow margin −2,746.3% −1,862.8% −428.4% −307.1% −279.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2021Operating cash flow−4.3Capital expenditure−0.1Free cash flow−4.4Fiscal year 2022Operating cash flow−12.0Capital expenditure−0.8Free cash flow−12.9Fiscal year 2023Operating cash flow−12.2Capital expenditure−0.4Free cash flow−12.5Fiscal year 2024Operating cash flow−9.9Capital expenditure−0.2Free cash flow−10.1Fiscal year 2025Operating cash flow−10.7Capital expenditure−0.3Free cash flow−11.0
FY2021FY2022FY2023FY2024FY2025
Operating cash flow −4.3 −12.0 −12.2 −9.9 −10.7
Capital expenditure −0.1 −0.8 −0.4 −0.2 −0.3
Free cash flow −4.4 −12.9 −12.5 −10.1 −11.0
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2021Cash2.9Shareholders’ equity−20.6Fiscal year 2022Cash2.1Shareholders’ equity6.3Fiscal year 2023Cash2.4Shareholders’ equity0.8Fiscal year 2024Cash6.5Shareholders’ equity6.0Fiscal year 2025Cash3.8Shareholders’ equity5.0
FY2021FY2022FY2023FY2024FY2025
Cash 2.9 2.1 2.4 6.5 3.8
Shareholders’ equity −20.6 6.3 0.8 6.0 5.0

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023† 31 Dec 2023 FY2024† 31 Dec 2024 FY2025† 31 Dec 2025
Assets
2.9 2.1 2.4 6.5 3.8
0.1 0.2 0.5 0.9 1.7
0.2 0.4 0.6 0.6 1.1
0.1 0.8 1.0 0.8 0.9
n/a n/a n/a n/a 2.4
9.3 11.1 6.3 9.8 10.8
Growth +19.6% −42.8% +55.1% +9.3%
Liabilities
16.2 4.8 5.6 3.9 5.7
Equity
−20.6 −39.5 −55.1 −68.7 −81.3
−20.6 6.3 0.8 6.0 5.0
Growth −87.6% +667.5% −15.6%
Per share and net cash
1.0 1.1 0.3 3.1 10.9
calc −20.76 5.56 2.39 1.90 0.46

† The diluted share count jumps at 2023 and 2024 and 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how.