Orthofix raises 2026 guidance as Q2 sales rise 3.8% and net loss widens to $15.8 million
Orthofix reported second-quarter 2026 net sales of $210.9 million, up 3.8% from a year earlier, but its net loss widened to $15.8 million from $14.1 million and adjusted EBITDA fell to $20.1 million from $20.6 million. The company raised its full-year 2026 guidance for net sales and adjusted EBITDA, but cash declined to $104.4 million as it made arbitration award and settlement payments to three former executives.
Key points
- Q2 2026 net sales were $210.9 million, up 3.8% reported and 4.7% pro forma constant currency versus Q2 2025.
- Q2 net loss was $(15.8) million, or $(0.39) per share, compared with $(14.1) million, or $(0.36) per share, a year earlier.
- 2026 guidance raised: net sales to $845 million–$855 million (from $838 million–$848 million) and adjusted EBITDA to $95 million–$98 million (from $90 million–$93 million), both set May 21, 2026.
- Cash, cash equivalents and restricted cash fell to $104.4 million on June 30, 2026, from $120.9 million on March 31, 2026.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
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