# Fractyl Health, Inc. (GUTS) · Edgar & Edgarette company card

> Fractyl Health (GUTS) saw revenue fall 100% in FY2025 to $0 million, operating margin null against a 1.2% median for surgical & medical instruments & apparatus, equity 7.8% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1572616 · fiscal year ended 2025-12-31 · 3 audited years read · [page](https://www.pops4.com/boards/company/GUTS) · [JSON](https://www.pops4.com/boards/company/GUTS.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $0 |
| Revenue growth, 1 year | -100.0% |
| Revenue growth per year | — |
| Operating margin | -Infinity% (prior year -100571.0%) |
| Net margin | -Infinity% |
| Operating cash flow | −$90M |
| Capital spending | $557,000 |
| Free cash flow | −$91M |
| Cash | $82M |
| Long-term debt | — |
| Total assets | $121M |
| Total equity | $9M |
| Equity ÷ assets | 7.8% |
| Return on equity | -1490.3% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -16.47 (distress zone)
- Piotroski F: 3 of 9 (middling)
- Health Harbor boat: Old boat · three warning signs · filed restructuring or exit costs in the last 12 months; operating cash flow was negative (-$90.3M in FY2025); operating loss: a margin of -Infinity% in FY2025

## Edgarette's reading

Exposure: revenue $0K (FY2025). Experience: revenue down 100.0% on the year; operating margin null, down from -100571.0%. Soundness: equity 7.8% of assets, return on equity -1490.3%. Credibility: 3 audited years, moderate weight. Range: 80% of past cases like this landed between $0K and $0K next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (60 filers, $50M+ revenue, surgical & medical instruments & apparatus): operating margin null against a 1.2% median; growth -100.0% against 11.6%.

Range logged 2026-09-20, receipt b56fa45d1e87e419, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 2, latest 2026-09-11 ([filing](https://www.sec.gov/Archives/edgar/data/1572616/000119312526389291/0001193125-26-389291-index.htm))
- Item 2.05 Restructuring or exit costs: 1, latest 2026-10-22 ([filing](https://www.sec.gov/Archives/edgar/data/1572616/000119312526428302/0001193125-26-428302-index.htm))
- Item 5.02 Director or officer change: 2, latest 2026-10-22 ([filing](https://www.sec.gov/Archives/edgar/data/1572616/000119312526428302/0001193125-26-428302-index.htm))

## Recent filings

- 8-K · filed 2026-10-22 · 2.05 Costs Associated with Exit or Disposal Activities; 5.02 Departure or Election of Directors; Appointment of Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1572616/000119312526428302/0001193125-26-428302-index.htm)
- 8-K · filed 2026-10-16 · 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1572616/000119312526423377/0001193125-26-423377-index.htm)
- 8-K · filed 2026-10-01 · 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1572616/000119312526409747/0001193125-26-409747-index.htm)
- 8-K · filed 2026-09-24 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1572616/000119312526401050/0001193125-26-401050-index.htm)
- 8-K · filed 2026-09-11 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule · [filing](https://www.sec.gov/Archives/edgar/data/1572616/000119312526389291/0001193125-26-389291-index.htm)
- DEF 14A · filed 2026-08-24 · [filing](https://www.sec.gov/Archives/edgar/data/1572616/000119312526363587/0001193125-26-363587-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001572616.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1572616

## Cite

POPS4, Edgar & Edgarette: Fractyl Health, Inc. (GUTS) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/GUTS. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.