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Companies / Health Care / Xtant Medical Holdings, Inc.
XTNT

Xtant Medical Holdings, Inc.

Health CareSurgical & Medical Instruments
Ticker XTNTBELGRADE, MTFiscal year ends DecemberBook value per share $0.29Diluted shares 140.2M

Xtant Medical Holdings, Inc. (NYSE: XTNT) is a medical technology company that develops and commercializes orthobiologics and spinal implant fixation systems used in spinal fusion and other orthopedic procedures. Its biologics include human bone allografts, synthetic bone graft substitutes, amniotic membrane grafts… From the company’s description.

Over the twelve months to Jun 30, 2026, Xtant Medical Holdings, Inc. reported revenue of $109.53M, down 14.3% from a year earlier, and a net loss of $11.14M. Its operating margin was −9.6%, and operations generated $0.57M in cash. In fiscal 2025, it reported revenue of $133.93M, up 14.2% from fiscal 2024, and net income of $4.97M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$133.93MFY2025
+14.2% year over year
Last 12 mo $109.53M
5.44%FY2025
+15.7 percentage points
Last 12 mo -9.58%
$4.97MFY2025
+130.2% year over year
Last 12 mo $-11.14M
9.76%FY2025
+48 percentage points
Last 12 mo -27.83%
Cash & financing
$12.55MFY2025
+205.5% year over year
Last 12 mo $0.57M
$10.16MFY2025
+163.5% year over year
Last 12 mo $-0.70M
0.50FY2025
Was 0.80× a year earlier
Last 12 mo 0.58
150.0MFY2025
+12.3% year over year
Last 12 mo 140.2M

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 Xtant Medical Holdings, Inc. does

In the company’s own words

Xtant Medical Holdings, Inc. (NYSE: XTNT) is a medical technology company that develops and commercializes orthobiologics and spinal implant fixation systems used in spinal fusion and other orthopedic procedures. Its biologics include human bone allografts, synthetic bone graft substitutes, amniotic membrane grafts and collagen products; its fixation portfolio includes implants and instruments for cervical, thoracolumbar, sacroiliac and interbody procedures. Surgeons use the products to treat spinal disorders and for applications including trauma, foot and ankle, sports medicine, joint surgery, wound care and surgical repair. Xtant sells in the United States through independent sales and stocking agents, supported by employees and national accounts, and uses distribution partners in Europe, Canada, Mexico, South America and parts of the Pacific region. As of December 31, 2025, its U.S. network included more than 670 independent sales and stocking agents. In December 2025, the company sold its Coflex and CoFix assets and its international hardware business.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
BELGRADE, MT
Fiscal year end
December
CIK
1453593
SIC
3841

Financial performance, year by year

Fiscal 2011–2025 · USD
$-90.50M$-29.29M$31.91M$93.12M$154.33M201120122013201420152016201720182019202020212022202320242025Last 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 Xtant Medical Holdings, Inc. — and what changed

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

6
funds hold it
0 of 35
superinvestors hold it
$1.11M
held by funds, at market
1.9%
of shares held by funds

Largest fund holders · Xtant Medical Holdings, 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
Ultra-Small Company Market Fund
BRSIX · Bridgeway Funds, Inc.
0.04%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord 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”.

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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