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Companies / Health Care / TELA Bio, Inc.
TELA

TELA Bio, Inc.

Health CareSurgical & Medical Instruments
Ticker TELAMALVERN, PAFiscal year ends DecemberBook value per share $-0.28Diluted shares 57.3M

TELA Bio, Inc. (Nasdaq: TELA) is a commercial-stage medical technology company that develops and sells soft-tissue reconstruction products for surgeons and healthcare providers. Its main product portfolios are OviTex Reinforced Tissue Matrix, used in hernia repair and abdominal wall reconstruction, and OviTex PRS… From the company’s description.

Over the twelve months to Jun 30, 2026, TELA Bio, Inc. reported revenue of $79.91M, up 6.1% from a year earlier, and a net loss of $41.18M. Its operating margin was −42.6%, and operations used $31.14M in cash. In fiscal 2025, it reported revenue of $80.28M, up 15.8% from fiscal 2024, and a net loss of $38.83M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$80.28MFY2025
+15.8% year over year
Last 12 mo $79.91M
-42.05%FY2025
+7.2 percentage points
Last 12 mo -42.56%
$-38.83MFY2025
−2.6% year over year
Last 12 mo $-41.18M
-615.10%FY2025
−482.1 percentage points
Last 12 mo 259.54%
Cash & financing
$-28.22MFY2025
+32.2% year over year
Last 12 mo $-31.14M
$-28.67MFY2025
+32.7% year over year
Last 12 mo $-31.62M
8.82FY2025
Was 1.45× a year earlier
Last 12 mo -3.53
46.9MFY2025
+64.6% year over year
Last 12 mo 57.3M

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 TELA Bio, Inc. does

In the company’s own words

TELA Bio, Inc. (Nasdaq: TELA) is a commercial-stage medical technology company that develops and sells soft-tissue reconstruction products for surgeons and healthcare providers. Its main product portfolios are OviTex Reinforced Tissue Matrix, used in hernia repair and abdominal wall reconstruction, and OviTex PRS Reinforced Tissue Matrix, designed for plastic and reconstructive surgery. Both combine layers of biologic material derived from ovine rumen with interwoven polymer fibers; configurations use permanent or resorbable polymers. OviTex products address ventral, inguinal and hiatal hernia procedures, including laparoscopic and robotic-assisted repairs, while OviTex PRS is used to reinforce soft tissue in reconstructive procedures. The company primarily sells through a direct sales force in the United States, with a smaller presence in the United Kingdom and European Union, as well as independent contractors and distributors. Its products are manufactured by Aroa Biosurgery under an exclusive supply arrangement. Revenue was $80.3 million for fiscal 2025.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
MALVERN, PA
Fiscal year end
December
CIK
1561921
SIC
3841

Financial performance, year by year

Fiscal 2019–2025 · USD
$-59.36M$-21.28M$16.81M$54.89M$92.97M2019202020212022202320242025Last 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 TELA Bio, Inc. — and what changed

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

10
funds hold it
0 of 35
superinvestors hold it
$1.68M
held by funds, at market
4.7%
of shares held by funds

Largest fund holders · TELA Bio, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
Jacob Small Cap Growth Fund
JSCGX · Jacob Funds Inc.
—of fund net assets
Jacob Discovery Fund
JMCGX · Jacob Funds Inc.
—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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