Strong Revenue Growth
Worldwide revenue for the quarter reached $47.3 million, representing approximately 25% growth. U.S. revenue was $44.8 million, reflecting approximately 27% growth.
Positive Adjusted EBITDA
The company delivered positive adjusted EBITDA of approximately $0.5 million compared to an adjusted EBITDA loss of $4 million in the first quarter of 2024.
Significant Increase in Physician Engagement
Over 1,400 US physicians performed procedures using SI-BONE's products, marking a 27% increase in the physician base.
New Product Launch and Development
SI-BONE plans to launch a new SI joint fusion solution in Q1 2026 and is developing a third breakthrough device targeting a pressing need in spine surgery.
Improved Gross Margins
Gross margin rate for the quarter was 79.7%, an improvement of nearly 80 basis points.
Increased Product Adoption
Notable adoption of the iFuse Bedrock Granite 9.5, with a 69% growth in four implant Granite cases compared to the prior year.