Tenon Medical (TNON) Cost of Revenue (2021 - 2026)
Tenon Medical (TNON) recorded Cost of Revenue of $465,000 in Q2 2026, up 45.8% from $319,000 a year earlier and up 7.1% from the prior quarter.
Tenon Medical (TNON) Cost of Revenue (2021 - 2026) Analysis & Trends
On a TTM basis, Tenon Medical's Cost of Revenue came in at $1.76 million as of Jun 30, 2026, up 9.6% year-over-year; for FY2025, it came in at $1.59 million, up 1.3% from FY2024.
- Annual Cost of Revenue has a four-year compound annual growth rate of 131.7% (FY2021 to FY2025).
- Across earlier years, Cost of Revenue came in at $1.57 million in FY2024 (-7.2%), $1.69 million in FY2023 (+26.7%), $1.33 million in FY2022 and $55,000 in FY2021.
- The Q2 2026 figure is the highest quarterly Cost of Revenue since Q3 2024.
- On a year-over-year basis, Cost of Revenue has increased for three consecutive quarters, with growth averaging 21.0% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 102.6% in Q2 2023, against a decline of 48.6% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $434,000 (Q1 2026), $464,000 (Q4 2025) and $400,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.11 Bn |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 5.33 Bn |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 2.65 Bn |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 931.90 Mn |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 2.09 Bn |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 1.59 Bn |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 392.40 Mn |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 2.67 Bn |
| 10 | Tenon Medical | 1.21 Mn | -12.27 Mn | 814,000.00 | 465,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 465,000.00 |
| Mar 31, 2026 | 434,000.00 |
| Dec 31, 2025 | 464,000.00 |
| Sep 30, 2025 | 400,000.00 |
| Jun 30, 2025 | 319,000.00 |
| Mar 31, 2025 | 403,000.00 |
| Dec 31, 2024 | 417,000.00 |
| Sep 30, 2024 | 469,000.00 |
| Jun 30, 2024 | 431,000.00 |
| Mar 31, 2024 | 249,000.00 |
| Dec 31, 2023 | 249,000.00 |
| Sep 30, 2023 | 409,000.00 |
| Jun 30, 2023 | 549,000.00 |
| Mar 31, 2023 | 480,000.00 |
| Dec 31, 2022 | 484,000.00 |
| Sep 30, 2022 | 302,000.00 |
| Jun 30, 2022 | 271,000.00 |
| Mar 31, 2022 | 275,000.00 |
| Dec 31, 2021 | 17,000.00 |
| Sep 30, 2021 | 18,000.00 |
Tenon Medical Cost of Revenue 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=cost-of-revenue&ticker=TNON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "TNON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TNON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();