TELA Bio (TELA) Invested Capital (2018 - 2026)
TELA Bio (TELA) reported Invested Capital of $40.22 million for Q2 2026, down 20.5% from $50.57 million a year earlier and down 20.6% from the prior quarter.
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Analysis
TELA Bio (TELA) Invested Capital (2018 - 2026) Analysis & Trends
For FY2025, TELA Bio posted Invested Capital of $61.97 million, down 10.9% from FY2024.
- Invested Capital has a three-year compound annual growth rate of 4.6% (FY2022 to FY2025).
- By year, Invested Capital came in at $69.58 million in FY2024 (+17.1%), $59.4 million in FY2023 (+9.5%) and $54.22 million in FY2022.
- The Q2 2026 figure ranks as the lowest quarterly Invested Capital since Q3 2024.
- Year over year, Invested Capital has now declined in each of the last three quarters, with an average decline of 4.0% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q2 2023 (growth of 110.7%); the low point was Q3 2024 (a decline of 51.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $50.67 million (Q1 2026), $61.97 million (Q4 2025) and $43.05 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 96.14 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 82.78 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 80.12 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 79.00 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 38.39 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 37.83 Bn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 11.56 Bn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 31.97 Bn |
| 10 | TELA Bio | 46.15 Mn | -97.32 Mn | 12.31 Mn | 31.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.72 Mn |
| Jun 30, 2026 | 40.22 Mn |
| Mar 31, 2026 | 50.67 Mn |
| Dec 31, 2025 | 61.97 Mn |
| Sep 30, 2025 | 43.05 Mn |
| Jun 30, 2025 | 50.57 Mn |
| Mar 31, 2025 | 59.40 Mn |
| Dec 31, 2024 | 69.58 Mn |
| Sep 30, 2024 | 34.70 Mn |
| Jun 30, 2024 | 43.69 Mn |
| Mar 31, 2024 | 55.05 Mn |
| Dec 31, 2023 | 59.40 Mn |
| Sep 30, 2023 | 70.92 Mn |
| Jun 30, 2023 | 80.22 Mn |
| Mar 31, 2023 | 43.20 Mn |
| Dec 31, 2022 | 54.22 Mn |
| Sep 30, 2022 | 63.07 Mn |
| Jun 30, 2022 | 38.08 Mn |
| Mar 31, 2022 | 41.71 Mn |
| Dec 31, 2021 | 51.59 Mn |
API Access
TELA Bio Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=TELA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "TELA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=TELA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();