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Xtant Medical posts 14% revenue growth in 2025 with positive net income and strong cash flow.

Company Fundamentals
31 Mar 2026
PRNewsWire
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Bullish
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Xtant Medical reported a 14% increase in full-year 2025 revenue to $134 million, achieving positive net income of $5 million and adjusted EBITDA of $16.3 million. The company improved gross margins and generated $12.5 million in operating cash flow, driven by divestitures of non-core assets and new product launches. With over $22 million in cash and reduced debt, Xtant expects to be free cash flow positive in 2026 while focusing on growing its core biologics business. This marks a significant turnaround from a net loss of $16.5 million in 2024.

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