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How Treace Medical Concepts, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$213M · 100%Cost of revenue$42.9M · 20%Gross profit$170M · 80%Operating income−$54.2M · −25%Income before tax−$59M · −28%Income tax$0 · 0%Net income−$59M · −28%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$213M100%
Cost of revenue$42.9M20%
$170M80%
−$54.2M−25%
Income before tax−$59M−28%
Income tax$00%
−$59M−28%
Source: · event Dec 31, 2025 · retrieved Oct 17, 2026 · annual-row source set
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