ORTHOPEDIATRICS CORP
KIDS · Surgical & Medical Instruments & Apparatus · 25.7M shares · +12%/yr ↑ dilution · EDGAR filings ↗
Reference price $17.25 · est. market cap ~$443M — last insider sale, 2026-03-16 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D48Medical-device company (pediatric orthopedic devices) with operating losses and cash burn.
Strengths
- Liquidity — current ratio 5.6 (77th)
Risks
- Operating/net losses & cash burn — per metrics
- strong growth (+15%) offset by ongoing losses — per 10-K
- Adoption/reimbursement dependence — per 10-K
Notable findings
- Chronic dilutionShare count +12%/yr over 4y (dilution, book value/share -1%)
- Cash burnNegative free cash flow (-16.0M)
- Customer concentration~21% of revenue from one customer/distributor — For the years ended December 31, 2025, 2024 and 2023, international sales accounted for approximately 21%, 21% and 25% of our revenue, respectively
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Net lossNet loss (net margin -16.8%)
- FDA approvalFDA clearance/approval — OrthoPediatrics® Locking Cannulated Blade Plate System (2026-04-30)
- Insider sellingInsider selling — 5 open-market sale(s) by 5 insider(s) (cluster of 5 insiders, ~$1M, last 6mo) Form 4 ↗
- Notable holderHeld by 4 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, CITADEL ADVISORS LLC +1 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
73.1%
Operating margin
-16.6%
Net margin
-16.8%
Return on equity
-11.4%
Return on assets
-7.8%
ROIC
-6.9%
Revenue growth (QoQ)
-3.6%
Debt / equity
0.3×
Current ratio
5.6×
Free cash flow
-$16M
EBITDA
-$18M
Tangible book value
$173M
Cash & investments
$61M
Cash runway
15q
Stock comp / revenue
7.5%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-09 | Dyer George Sinclair Mitchell | Grant | 11K | — |
| 2026-06-09 | Pelizzon David R | Grant | 11K | — |
| 2026-06-09 | Hughes Bryan W | Grant | 11K | — |
| 2026-06-09 | Fischer Kelly Laine | Grant | 11K | — |
| 2026-06-09 | Riccitelli Samuel D | Grant | 11K | — |
| 2026-06-09 | Ruf Harold | Grant | 11K | — |
| 2026-06-09 | Bailey David R | Grant | 119K | — |
| 2026-06-09 | McDonald Jimmy Duane | Grant | 11K | — |
| 2026-06-09 | Infante (Reynolds) Marie C | Grant | 11K | — |
| 2026-06-09 | Throdahl Mark C | Grant | 11K | — |
| 2026-05-13 | Gerritzen Daniel J | Gift | 2.5K | — |
| 2026-03-16 | Gerritzen Daniel J | Sell | 8.6K | $17.25 |
| 2026-03-16 | Hauser Joseph W | Sell | 8.6K | $17.25 |
| 2026-03-16 | Hite Fred | Sell | 13K | $17.25 |
| 2026-03-16 | Bailey David R | Sell | 20K | $17.25 |
| 2026-03-16 | Odle Gregory A | Sell | 8.4K | $17.25 |
| 2026-03-15 | Hauser Joseph W | Grant | 66K | — |
| 2026-03-15 | Gerritzen Daniel J | Grant | 47K | — |
| 2026-03-15 | Hite Fred | Grant | 77K | — |
| 2026-03-15 | Odle Gregory A | Grant | 47K | — |
| 2025-12-29 | Bailey David R | Gift | 1.6K | — |
| 2025-11-10 | Fischer Kelly Laine | Grant | 4.3K | — |
| 2025-08-21 | Hite Fred | Buy | 5.1K | $19.41 |
| 2025-05-23 | Infante (Reynolds) Marie C | Grant | 8.4K | — |
| 2025-05-23 | Ruf Harold | Grant | 8.4K | — |
| 2025-05-23 | Schlotterback Terry D | Grant | 8.4K | — |
| 2025-05-23 | McDonald Jimmy Duane | Grant | 8.4K | — |
| 2025-05-23 | Dyer George Sinclair Mitchell | Grant | 8.4K | — |
| 2025-05-23 | Pelizzon David R | Grant | 8.4K | — |
| 2025-05-23 | Riccitelli Samuel D | Grant | 8.4K | — |
| 2025-05-23 | Throdahl Mark C | Grant | 8.4K | — |
| 2025-05-23 | Hughes Bryan W | Grant | 8.4K | — |
| 2025-03-18 | Hauser Joseph W | Sell | 5.3K | $24.86 |
| 2025-03-18 | Gerritzen Daniel J | Sell | 5.3K | $24.86 |
| 2025-03-18 | Bailey David R | Sell | 6.6K | $24.86 |
| 2025-03-18 | Hite Fred | Sell | 6.4K | $24.86 |
| 2025-03-18 | Odle Gregory A | Sell | 5.4K | $24.86 |
| 2025-03-15 | Hauser Joseph W | Grant | 52K | — |
| 2025-03-15 | Odle Gregory A | Grant | 39K | — |
| 2025-03-15 | Bailey David R | Grant | 97K | — |
| 2025-03-15 | Gerritzen Daniel J | Grant | 39K | — |
| 2025-03-15 | Hite Fred | Grant | 63K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-04 | 2026-06-04 | 0001425450-26-000041 ↗ |
| 10-Q | 2026-05-01 | 2026-03-31 | 0001425450-26-000036 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0001425450-26-000033 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0001425450-26-000032 ↗ |
| 8-K | 2026-04-01 | 2026-03-31 | 0001104659-26-038610 ↗ |
| 10-K | 2026-03-04 | 2025-12-31 | 0001425450-26-000013 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001425450-26-000009 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001425450-26-000010 ↗ |
| 8-K | 2026-01-12 | 2026-01-12 | 0001425450-26-000003 ↗ |
| 8-K | 2026-01-12 | 2026-01-12 | 0001425450-26-000006 ↗ |
| 10-Q | 2025-10-29 | 2025-09-30 | 0001425450-25-000114 ↗ |
| 8-K | 2025-10-28 | 2025-10-28 | 0001425450-25-000111 ↗ |