Private company

Conformis Inc

American orthopedic company based in Wilmington, incorporated in Delaware.

Last updated Oct 18, 2026.

Overview

IndustryOrthopedic, Prosthetic & Surgical Appliances & Supplies
HeadquartersWilmington, United States
Incorporated inDE²
Business address600 Technology Drive, Billerica, Ma 01821²
Filer categoryNon-accelerated filer, Smaller reporting company²

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

37.4%Gross margin³

-74.6%Operating margin³

-81.3%Net margin³

-37.9%Revenue growth, 2022³

-93.2%Return on equity³

0.38×Debt to equity³

-$52.1MFree cash flow³

Where the money goes

Where each dollar of revenue went, fiscal 2022

Cost of revenueResearch and development

Cost of revenue63¢$38.8M
Research and development25¢$15.3M
Other costs9¢$5.8M
Interest3¢$2.0M
Income tax0¢$23.0K

Out of $62.0M in revenue.³ The company lost money this year.

Financial statements

Revenue⁴⁵⁶⁷³$62.0M in 2022−22% since 2016

Gross profit⁴⁵⁶⁷³$23.2M in 2022−13% since 2016

Operating income⁴⁵⁶⁷³-$46.3M in 2022−18% since 2016

Net income⁴⁵⁶⁷³-$50.5M in 2022−12% since 2016

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Revenue	$79.9M⁴	$78.1M⁴	$89.8M⁵	$77.4M⁶	$68.8M⁷	$99.9M³	$62.0M³
Cost of revenue	$53.2M⁴	$49.3M⁴	$41.3M⁵	$40.7M⁶	$35.0M⁷	$34.2M³	$38.8M³
Gross profit	$26.7M⁴	$28.8M⁴	$48.5M⁵	$36.7M⁶	$33.7M⁷	$65.7M³	$23.2M³
Research and development	$16.6M⁴	$17.1M⁴	$16.9M⁵	$12.5M⁶	$11.9M⁷	$14.8M³	$15.3M³
Operating income	-$56.1M⁴	-$55.8M⁴	-$38.7M⁵	-$25.1M⁶	-$25.1M⁷	-$3.0M³	-$46.3M³
Interest	$138.0K⁴	$2.1M⁴	$3.4M⁵	$2.9M⁶	$2.4M⁷	$3.5M³	$2.0M³
Income tax	$63.0K⁴	$162.0K⁴	$61.0K⁵	$45.0K⁶	$42.0K⁷	$91.0K³	-$23.0K³
Net income	-$57.6M⁴	-$53.6M⁴	-$43.4M⁵	-$28.5M⁶	-$24.3M⁷	-$2.4M³	-$50.5M³
Earnings per share	-$1.39⁴	-$1.24⁴	-$0.74⁵	-$0.44⁶	-$0.34⁷	-$0.36³	-$6.99³
Earnings per share (diluted)	-$1.39⁴	-$1.24⁴	-$0.74⁵	-$0.44⁶	-$0.34⁷	-$0.36³	-$6.99³

Total assets¹⁰⁴⁵⁶⁷³$94.0M in 2022−17% since 2016

Total liabilities¹⁰⁴⁵⁶⁷³$39.9M in 2022+113% since 2016

Shareholders’ equity⁴⁵⁶⁷³$54.2M in 2022−42% since 2016

Cash⁴⁵⁶⁷³$48.7M in 2022+31% since 2016

Long-term debt¹⁰⁴⁵⁶⁷³$20.6M in 2022

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Cash	$37.3M⁴	$18.3M⁴	$16.4M⁵	$26.4M⁶	$28.7M⁷	$100.6M³	$48.7M³
Current assets	$95.8M¹⁰	$69.9M⁴	$48.0M⁵	$52.5M⁶	$53.3M⁷	$126.9M³	$79.3M³
Total assets	$112.8M¹⁰	$93.8M⁴	$63.0M⁵	$72.4M⁶	$71.5M⁷	$145.3M³	$94.0M³
Current liabilities	$14.3M¹⁰	$12.9M⁴	$11.4M⁵	$17.9M⁶	$30.9M⁷	$18.0M³	$14.1M³
Long-term debt	$0¹⁰	$29.7M⁴	$14.8M⁵	$19.6M⁶	$25.0M⁷	$20.4M³	$20.6M³
Total liabilities	$18.8M¹⁰	$47.3M⁴	$26.8M⁵	$56.0M⁶	$60.1M⁷	$44.8M³	$39.9M³
Shareholders’ equity	$94.1M⁴	$46.5M⁵	$36.2M⁶	$16.3M⁷	$11.4M³	$100.6M³	$54.2M³
Shares outstanding	43.4M shares⁴	45.5M shares⁴	65.3M shares⁵	70.4M shares⁶	95.5M shares⁷	7.4M shares³	7.5M shares³

Cash from operations⁵⁶⁷³-$50.2M in 2022+99% since 2018

Capital spending⁴⁵⁶⁷³$1.9M in 2022−73% since 2016

Free cash flow⁵⁶⁷³-$52.1M in 2022+78% since 2018

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Cash from operations			-$25.2M⁵	-$2.8M⁶	-$18.3M⁷	-$8.4M³	-$50.2M³
Capital spending	$7.2M⁴	$5.2M⁴	$4.1M⁵	$2.9M⁶	$3.2M⁷	$2.3M³	$1.9M³
Free cash flow			-$29.2M	-$5.8M	-$21.6M	-$10.7M	-$52.1M

Compare Conformis Inc with another company

Leadership

Who has led Conformis Inc, and when. Pick a name to see everywhere that person has worked.

Chief executive

Mark A. Augusti2016–2023

President

Mark A. Augusti2016–2023

Chief financial officer

20202025

Chief executive officerMark A. Augusti Nov 18, 2016 to Sep 5, 2023¹¹
PresidentMark A. Augusti Nov 18, 2016 to Sep 5, 2023¹¹
Chief financial officerChristine Desrochers Jun 21, 2023 to Sep 5, 2023¹²
Chief financial officerRobert S. Howe Feb 19, 2020 to May 11, 2023¹³
Chief financial officerFrederick W. Driscoll Oct 28, 2019 to Oct 28, 2019¹⁴
Chief financial officerPaul S. Weiner Jun 30, 2015 to Oct 16, 2019¹⁵

Board members and other officers (18)

CORP CONTROLLER & INTERIM PAOErin Henry Oct 28, 2019 to Feb 5, 2020¹⁶
Chief Technology OfficerDaniel Steines Jun 30, 2015 to Aug 10, 2018¹⁷
Board memberGary P. Fishetti May 17, 2022 to Sep 5, 2023¹⁸
Board memberCarrie Strawbridge Bienkowski Aug 2, 2018 to Sep 5, 2023¹⁹
Board memberMark A. Augusti Jan 9, 2017 to Sep 5, 2023²⁰
Board memberAditya Puri Jun 30, 2015 to Jun 30, 2015²¹
Board memberBradley Langdale Jun 30, 2015 to Sep 5, 2023²²
Board memberColm C. Lanigan Jun 30, 2015 to Jun 30, 2015²³
Board memberDhabi Investment Authority Abu Jun 30, 2015 to Jul 8, 2015²⁴
Board memberFrank Muhlenbeck Jun 30, 2015 to Jul 8, 2015²⁵
Board memberKenneth P. Fallon Iii. Jun 30, 2015 to Sep 5, 2023²⁶
Board memberLaurent Souviron Jun 30, 2015 to Jul 8, 2015²⁷
Board memberProcific Jun 30, 2015 to Jul 8, 2015²⁴
Board memberRichard J. Meelia Jun 30, 2015 to Jun 8, 2021²⁸
General counselDenise E. Pedulla Mar 23, 2022 to Sep 5, 2023²⁹
General counselJ. Brent Alldredge Jul 29, 2019 to Jul 30, 2021³⁰
General counselPatricia A. Davis Mar 20, 2018 to May 8, 2019³¹
General counselDavid Cerveny Jun 30, 2015 to Feb 8, 2018³²

Timeline

Nov 18, 2016New chief executive Mark A. Augusti becomes CEO¹¹

Filings

114 filings to the SEC since October 2021: 3 annual reports, 6 quarterly reports, 26 major events, 29 insider forms, 10 large holders, 40 other. The latest 20:

Sep 15, 202315-12G EDGAR
Sep 5, 202325-NSE EDGAR
Sep 5, 20234 EDGAR
Sep 5, 20234 EDGAR
Sep 5, 20234 EDGAR
Sep 5, 20234 EDGAR
Sep 5, 20234 EDGAR
Sep 5, 20234 EDGAR
Sep 5, 20234 EDGAR
Sep 5, 20234 EDGAR
Sep 5, 2023S-8 POS EDGAR
Sep 5, 2023S-8 POS EDGAR
Sep 5, 2023S-8 POS EDGAR
Sep 5, 2023S-8 POS EDGAR
Sep 5, 2023S-8 POS EDGAR
Sep 5, 2023S-8 POS EDGAR
Sep 5, 2023S-8 POS EDGAR
Sep 5, 2023S-8 POS EDGAR
Sep 5, 2023S-8 POS EDGAR
Sep 5, 2023S-8 POS EDGAR

The 114 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 10 such filings since October 2021:

Jul 10, 2023SC 13G/A
Feb 14, 2023SC 13G/A
Feb 13, 2023SC 13G/A
Feb 9, 2023SC 13G
Apr 7, 2022SC 13G/A
Feb 15, 2022SC 13G/A
Feb 14, 2022SC 13G/A
Feb 11, 2022SC 13G
Feb 10, 2022SC 13G/A
Feb 9, 2022SC 13G

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARConformis Inc filings on SEC EDGAR
2
SEC EDGARConformis Inc filings on SEC EDGAR
3
SEC EDGARConformis Inc 10-K for fiscal 2022
4
SEC EDGARConformis Inc 10-K for fiscal 2016
5
SEC EDGARConformis Inc 10-K for fiscal 2018
6
SEC EDGARConformis Inc 10-K for fiscal 2019
7
SEC EDGARConformis Inc 10-K for fiscal 2020
8
SEC EDGARConformis Inc 10-Q for fiscal 2023
9
SEC EDGARConformis Inc 10-Q for fiscal 2023
10
SEC EDGARConformis Inc 10-K for fiscal 2016
11
SEC EDGARMark A. Augusti, Chief executive officer
12
SEC EDGARChristine Desrochers, Chief financial officer
13
SEC EDGARRobert S. Howe, Chief financial officer
14
SEC EDGARFrederick W. Driscoll, Chief financial officer
15
SEC EDGARPaul S. Weiner, Chief financial officer
16
SEC EDGARErin Henry, CORP CONTROLLER & INTERIM PAO
17
SEC EDGARDaniel Steines, Chief Technology Officer
18
SEC EDGARGary P. Fishetti, Board member
19
SEC EDGARCarrie Strawbridge Bienkowski, Board member
20
SEC EDGARMark A. Augusti, Board member
21
SEC EDGARAditya Puri, Board member
22
SEC EDGARBradley Langdale, Board member
23
SEC EDGARColm C. Lanigan, Board member
24
SEC EDGARDhabi Investment Authority Abu, Board member
25
SEC EDGARFrank Muhlenbeck, Board member
26
SEC EDGARKenneth P. Fallon Iii., Board member
27
SEC EDGARLaurent Souviron, Board member
28
SEC EDGARRichard J. Meelia, Board member
29
SEC EDGARDenise E. Pedulla, General counsel
30
SEC EDGARJ. Brent Alldredge, General counsel
31
SEC EDGARPatricia A. Davis, General counsel
32
SEC EDGARDavid Cerveny, General counsel