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Companies / Health Care / Sanara MedTech Inc.
SMTI

Sanara MedTech Inc.

Health CareMedical Instruments
Ticker SMTIFORT WORTH, TXFiscal year ends DecemberBook value per share $0.91Diluted shares 8.7M

Sanara MedTech Inc. (Nasdaq: SMTI) develops and commercializes medical technologies for surgical care, primarily soft tissue repair and bone fusion products used in operating rooms and other sterile settings. Its customers include hospitals and ambulatory surgical centers, where surgeons use products such as… From the company’s description.

Over the twelve months to Jun 30, 2026, Sanara MedTech Inc. reported revenue of $109.79M, up 12.9% from a year earlier, and a net loss of $32.02M. Its operating margin was 12.6%, and operations generated $5.70M in cash. In fiscal 2025, it reported revenue of $103.12M, up 19.0% from fiscal 2024, and a net loss of $37.57M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$103.12MFY2025
+19.0% year over year
Last 12 mo $109.79M
7.08%FY2025
+14.8 percentage points
Last 12 mo 12.61%
$-37.57MFY2025
−279.0% year over year
Last 12 mo $-32.02M
-632.53%FY2025
−608 percentage points
Last 12 mo -403.06%
Cash & financing
$6.79MFY2025
+28634.4% year over year
Last 12 mo $5.70M
$2.16MFY2025
+1041.1% year over year
Last 12 mo $4.50M
7.83FY2025
Was 0.81× a year earlier
Last 12 mo 5.92
8.6MFY2025
+1.6% year over year
Last 12 mo 8.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Sanara MedTech Inc. does

In the company’s own words

Sanara MedTech Inc. (Nasdaq: SMTI) develops and commercializes medical technologies for surgical care, primarily soft tissue repair and bone fusion products used in operating rooms and other sterile settings. Its customers include hospitals and ambulatory surgical centers, where surgeons use products such as CellerateRX Surgical, a hydrolyzed collagen powder for surgical wound management, and BIASURGE, a wound irrigation solution. Its portfolio also includes bone graft products BiFORM, ACTIGEN and ALLOCYTE Plus, as well as TEXAGEN amniotic membrane allograft and FORTIFY TRG tissue repair graft. The company sells through surgical specialty distributors and its field sales representatives; by the end of 2025, its products had contracts with more than 4,000 hospitals. Sanara operates as a single reportable segment focused on surgical products after discontinuing its Tissue Health Plus value-based wound care operations in 2025. It also conducts research and development through Rochal Technologies and relies on contract manufacturers rather than operating its own manufacturing facilities.

Company details
Sector
Health Care
Industry (SIC)
Medical Instruments
Headquarters
FORT WORTH, TX
Fiscal year end
December
CIK
714256
SIC
3842

Financial performance, year by year

Fiscal 2011–2025 · USD
$-52.30M$-8.10M$36.11M$80.32M$124.52M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Sanara MedTech Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

78
funds hold it
0 of 35
superinvestors hold it
$10.89M
held by funds, at market
5.2%
of shares held by funds

Largest fund holders · Sanara MedTech Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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