NASDAQ · TNONHealthcareSurgical Instruments

Tenon Medical, Inc. Common Stock (TNON)

$1.91+1.06%
Close Nov 4, 2026 · split-adjusted
Nov 4, 2026$1.91▼ 95.34% in range
Nov 4, 2025Low $1.89 · High $160.47Nov 4, 2026
What changed · written from our data
As of Nov 4, 2026

Tenon Medical closed at $1.91 on Nov 4, up 1.06%, within 1.1% of its 52-week closing low. Volume of 61.5K shares was 0.38× its 20-day average (below normal).

Split-adjusted performance: -48.6% over one month, -92.7% over six months, -95.4% over one year.

In the quarter ended Jun 30, 2026, revenue was $1.28M, up 126.8% from a year earlier, with a net margin of -316.7%.

Short interest was 51.8K shares at the Oct 15 settlement, down 14.8% from the prior report (9.7% of float, 1.0 days to cover).

Market cap$5.1M2.7M shares
Revenue · quarter$1.3M+126.8% YoY
Diluted EPS$-12.35—
P/E · TTM—P/S 1.0×
Net margin-316.7%Gross 63.6%
Dividend yieldNone
52-week range1.89 – 160.47−98.8% from high
Volume61.5K0.38× 20-day avg
Volatility · 60d287.0%Annualised
Short % of float9.7%1.0 days to cover
Net cash-$2.7MCash $1.7M
Next earnings—Not scheduled
Split-adjusted performance
1W −15.5%1M −48.6%3M −67.5%6M −92.7%YTD −94.3%1Y −95.4%3Y −99.5%5Y —

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Surgical Instruments

Percentile among 110 companies (100 = best)

6-month momentum1
Revenue growth98
Net margin16
Value (low P/E)—
Size11

Industry medians: 6-month return −4.0%, revenue growth +8.9%, net margin −8.2%, P/E 30.5×.

Short interest

Details →
Shares short51.8K−14.8% vs prior
Days to cover1.0Settled Oct 15
% of float9.7%
Short vol. 10d45.8%of daily volume

Closest peers by size in Surgical Instruments

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
TNONTenon Medical$1.91+1.06%−92.7%+126.8%−316.7%—$5.1M
SNOASonoma Pharmaceuticals$1.11−2.63%−6.7%+59.6%−5.2%—$5.3MCompare
NVNOenVVeno Medical$7.00−2.43%−30.5%———$4.9MCompare
INBSIntelligent Bio Solutions$1.75−1.13%−27.4%+35.8%−341.0%—$5.8MCompare
AEMDAETHLON MEDICAL$5.75−0.86%−51.7%———$4.1MCompare
CNSYCerenome$0.8916−31.42%————$6.8MCompare
CODXCo-Diagnostics$0.3614−4.89%—+2.0%−3782.4%—$3.2MCompare
AMIXAutonomix Medical$1.61−3.01%−80.1%———$3.2MCompare
NMTCNeuroOne Medical Technologies$0.9500−3.06%−77.9%+16.3%−101.7%—$8.7MCompare

Quick answers

What does Tenon Medical do?
Tenon Medical Inc is a medical device company that has minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct.
What is TNON's market cap?
$5.14M, based on the Nov 4 close of $1.91.
Does Tenon Medical pay a dividend?
No regular cash dividend has been paid in the last year.
How much of TNON is sold short?
51.8K shares, 9.7% of float, as of Oct 15, 2026.
What sector is TNON in?
Healthcare, in the Surgical Instruments industry.

About Tenon Medical

Tenon Medical Inc is a medical device company that has minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.

HQ: Los Gatos, CA26 employeesListed Apr 27, 2022tenonmed.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology