TELA Bio, Inc. financials
Source: EDGAR filings · Built 2026-06-02T04:09:34Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -28.67M | -42.58M | -41.47M | -41.62M | -31.06M | -24.62M |
| EBITDA | -33.13M | -33.48M | -43.65M | -38.62M | -29.22M | -25.05M |
| Working Capital | 57.61M | 62.47M | 54.76M | 50.04M | 48.48M | 76.62M |
| Net Debt | 6.81M | -9.61M | -3.96M | -532.00K | -12.44M | -43.57M |
| Gross Margin | 67.69% | 67.08% | 68.62% | 65.30% | 63.85% | 61.68% |
| Operating Margin | -42.05% | -49.23% | -75.40% | -94.18% | -99.96% | -138.77% |
| Net Margin | -48.37% | -54.60% | -79.83% | -106.95% | -112.94% | -158.10% |
| Return on Equity (ROE) | -615.10% | -132.97% | -247.15% | -309.65% | -165.57% | -58.73% |
| Return on Assets (ROA) | -47.69% | -43.71% | -59.79% | -65.28% | -53.20% | -33.30% |
| Current Ratio | 4.20× | 5.01× | 4.23× | 5.03× | 5.58× | 12.60× |
| Debt-to-Equity | 9.13× | 1.51× | 2.27× | 2.90× | 1.57× | 0.63× |
| Effective Tax Rate | -0.60% | 0.38% | — | — | — | — |
| Cash Conversion Ratio | 0.73× | 1.10× | 0.88× | 0.92× | 0.91× | 0.85× |
| Accruals Ratio | -0.13× | 0.04× | -0.07× | -0.05× | -0.05× | -0.05× |
| SBC % of Revenue | 4.73% | 6.29% | 8.61% | 9.63% | 12.43% | 11.30% |
| CapEx Coverage | -62.99× | -42.06× | -66.87× | -46.73× | -48.54× | -146.44× |
| Free Cash Flow Per Share | $-0.61 | $-1.49 | $-1.81 | $-2.56 | $-2.15 | $-1.90 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 80.28M | 69.30M | 58.45M | 41.42M | 29.46M | 18.21M |
| Gross Profit | 54.34M | 46.49M | 40.11M | 27.04M | 18.81M | 11.23M |
| Research and Development Expense | 9.22M | 8.81M | 9.62M | 8.94M | 6.74M | 4.25M |
| Operating Expenses | 88.10M | 88.18M | 84.19M | 66.05M | 48.26M | 36.51M |
| Operating Income (Loss) | -33.76M | -34.12M | -44.08M | -39.01M | -29.45M | -25.27M |
| Income Tax Expense (Benefit) | 230.00K | -144.00K | — | — | — | — |
| Net Income (Loss) Attributable to Parent | -38.83M | -37.84M | -46.66M | -44.30M | -33.28M | -28.79M |
| Earnings Per Share, Basic | $-0.83 | $-1.33 | $-2.04 | $-2.72 | $-2.30 | $-2.23 |
| Weighted Average Number of Shares Outstanding, Basic | 46.95M | 28.53M | 22.87M | 16.27M | 14.47M | 12.93M |
| Earnings Per Share, Diluted | $-0.83 | $-1.33 | $-2.04 | $-2.72 | $-2.30 | $-2.23 |
| Weighted Average Number of Shares Outstanding, Diluted | 46.95M | 28.53M | 22.87M | 16.27M | 14.47M | 12.93M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 50.84M | 52.67M | 46.73M | 42.02M | 43.93M | 74.39M |
| Assets, Current | 75.58M | 78.07M | 71.73M | 62.45M | 59.05M | 83.22M |
| Assets | 81.42M | 86.57M | 78.05M | 67.86M | 62.54M | 86.46M |
| Long-term Debt | — | 41.12M | 40.52M | 39.92M | 31.49M | 30.83M |
| Liabilities, Current | 17.98M | 15.60M | 16.97M | 12.40M | 10.57M | 6.61M |
| Long-term Debt, Excluding Current Maturities | 55.65M | 41.12M | 40.52M | 39.92M | — | — |
| Liabilities | 75.11M | 58.11M | 59.17M | 53.55M | 42.45M | 37.43M |
| Stockholders' Equity Attributable to Parent | 6.31M | 28.46M | 18.88M | 14.30M | 20.10M | 49.03M |
| Common Stock, Shares, Outstanding | 44.54M | 39.40M | 24.49M | 19.17M | 14.53M | 14.44M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -28.22M | -41.59M | -40.86M | -40.75M | -30.43M | -24.46M |
| Payments to Acquire Property, Plant, and Equipment | 448.00K | 989.00K | 611.00K | 872.00K | 627.00K | 167.00K |
| Net Cash Provided by (Used in) Investing Activities | 846.00K | 4.45M | -599.00K | -1.87M | -627.00K | 9.12M |
| Net Cash Provided by (Used in) Financing Activities | 25.75M | 43.06M | 46.27M | 40.85M | 585.00K | 44.41M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -11.29M | -4.96M | -23.71M | -17.78M | -9.76M | -7.79M |
| EBITDA | -10.36M | -6.52M | — | — | -10.30M | -8.18M |
| Working Capital | 46.47M | 57.61M | 39.07M | 41.68M | 53.21M | 62.47M |
| Net Debt | 16.85M | 6.81M | 12.30M | 6.92M | -1.03M | -9.61M |
| Gross Margin | 65.69% | 65.91% | 67.52% | 69.84% | 67.56% | 63.58% |
| Operating Margin | -55.23% | -31.86% | -36.51% | -44.96% | -56.54% | -47.33% |
| Net Margin | -64.39% | -43.32% | -41.58% | -49.13% | -60.82% | -52.17% |
| Return on Equity (ROE) | 235.97% | -143.21% | -552.54% | -108.05% | -62.15% | -32.36% |
| Return on Assets (ROA) | -17.56% | -11.10% | -13.97% | -14.69% | -14.58% | -10.64% |
| Current Ratio | 3.61× | 4.20× | 3.30× | 3.19× | 4.22× | 5.01× |
| Debt-to-Equity | -10.84× | 9.13× | 26.98× | 4.56× | 2.31× | 1.51× |
| Effective Tax Rate | -0.49% | -1.63% | -0.99% | -0.33% | -0.46% | — |
| Cash Conversion Ratio | 0.91× | 0.54× | 2.71× | 1.78× | 0.86× | 0.82× |
| Accruals Ratio | -0.02× | -0.05× | 0.24× | 0.11× | -0.02× | -0.02× |
| SBC % of Revenue | 4.28% | 3.89% | 14.42% | 10.05% | 5.64% | 6.17% |
| CapEx Coverage | -93.87× | -53.52× | -65.40× | -120.75× | -303.91× | -28.53× |
| Free Cash Flow Per Share | $-0.20 | $-0.11 | $-0.52 | $-0.39 | $-0.22 | $-0.27 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 19.06M | 20.87M | 20.69M | 20.20M | 18.52M | 17.65M |
| Gross Profit | 12.52M | 13.76M | 13.97M | 14.11M | 12.51M | 11.22M |
| Research and Development Expense | 2.34M | 2.13M | 2.35M | 2.20M | 2.54M | 2.03M |
| Operating Expenses | 23.05M | 20.40M | 21.52M | 23.19M | 22.98M | 19.57M |
| Operating Income (Loss) | -10.53M | -6.65M | -7.55M | -9.08M | -10.47M | -8.35M |
| Income Tax Expense (Benefit) | 60.00K | 145.00K | 85.00K | 33.00K | 52.00K | — |
| Net Income (Loss) Attributable to Parent | -12.27M | -9.04M | -8.60M | -9.92M | -11.26M | -9.21M |
| Earnings Per Share, Basic | $-0.21 | $-0.17 | $-0.19 | $-0.22 | $-0.25 | $-0.17 |
| Weighted Average Number of Shares Outstanding, Basic | 57.26M | 46.95M | 45.42M | 45.37M | 45.27M | 28.53M |
| Earnings Per Share, Diluted | $-0.21 | $-0.17 | $-0.19 | $-0.22 | $-0.25 | $-0.17 |
| Weighted Average Number of Shares Outstanding, Diluted | 57.26M | 46.95M | 45.42M | 45.37M | 45.27M | 28.53M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 39.54M | 50.84M | 29.71M | 34.98M | 42.83M | 52.67M |
| Assets, Current | 64.30M | 75.58M | 56.05M | 60.74M | 69.75M | 78.07M |
| Assets | 69.89M | 81.42M | 61.59M | 67.54M | 77.25M | 86.57M |
| Long-term Debt | — | — | — | 41.38M | 41.27M | 41.12M |
| Liabilities, Current | 17.83M | 17.98M | 16.98M | 19.06M | 16.54M | 15.60M |
| Long-term Debt, Excluding Current Maturities | 55.87M | 55.65M | 41.49M | 38.05M | 41.27M | 41.12M |
| Liabilities | 75.09M | 75.11M | 60.03M | 58.35M | 59.13M | 58.11M |
| Stockholders' Equity Attributable to Parent | -5.20M | 6.31M | 1.56M | 9.18M | 18.12M | 28.46M |
| Common Stock, Shares, Outstanding | 44.77M | 44.54M | 40.34M | 39.58M | 39.55M | 39.40M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -11.17M | -4.87M | -23.35M | -17.63M | -9.72M | -7.53M |
| Payments to Acquire Property, Plant, and Equipment | 119.00K | 91.00K | 357.00K | 146.00K | 32.00K | 264.00K |
| Net Cash Provided by (Used in) Investing Activities | 190.00K | 192.00K | 654.00K | 342.00K | 138.00K | -190.00K |
| Net Cash Provided by (Used in) Financing Activities | -298.00K | 25.84M | -95.00K | -119.00K | -116.00K | 42.91M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (TELA CIK 0001561921),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.