Shoulder Innovations, Inc. (SI)

NYSE: SI · Real-Time Price · USD

23.19

-0.53 (-2.23%)

At close: Jul 30, 2026, 4:00 PM EDT

23.14

-0.05 (-0.22%)

After-hours: Jul 30, 2026, 7:34 PM EDT

Shoulder Innovations Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	53.89	47.32	31.62	19.27
Revenue Growth	55.89%	49.63%	64.07%	-
Gross Profit	41.4	36.2	24.34	15.27
Operating Income	-30.98	-26.3	-14.65	-10.86
Net Income	-44.08	-40.36	-15.62	-12.66
Earnings Per Share	-166.96	-4.65	-242.04	-220.65
EPS Growth	-	-	-	-

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Investments	108.54	124.31	15.04	32.81
Total Debt	15.01	15.02	14.73	14.47
Net Cash (Debt)	93.53	109.28	0.31	18.35
Net Cash Growth	630.97%	34702.87%	-98.29%	-
Net Cash Per Share	6.80	12.60	4.87	319.91

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Cash Flow	-34.49	-28.61	-14.14	-13.14
Capital Expenditures	-9.3	-7.41	-4.02	-2.75
Free Cash Flow	-43.79	-36.02	-18.16	-15.89
Free Cash Flow Growth	-	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Gross Margin	76.81%	76.51%	76.97%	79.23%
Operating Margin	-57.48%	-55.58%	-46.34%	-56.37%
Pretax Margin	-81.78%	-85.29%	-49.39%	-65.66%
Profit Margin	-81.78%	-85.29%	-49.39%	-65.66%
FCF Margin	-81.26%	-76.12%	-57.42%	-82.45%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Jul '26 Jul 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
PS Ratio	8.92	6.23	-	-