Shoulder Innovations, Inc. (SI)

NYSE: SI · Real-Time Price · USD

18.63

+0.68 (3.79%)

Sep 29, 2026, 3:31 PM EDT - Market open

Shoulder Innovations Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	24.46	26.87	6.12	6.24
Short-Term Investments	74.53	97.43	8.92	26.58
Cash & Short-Term Investments	98.99	124.31	15.04	32.81
Cash Growth	149.76%	726.28%	-54.15%	-
Receivables	10.87	8.27	5.12	4.69
Inventory	22.92	21.59	13.96	9.92
Prepaid Expenses	2.33	1.52	0.43	0.42
Other Current Assets	2.29	1.48	0.57	-
Total Current Assets	137.41	157.17	35.13	47.85
Property, Plant & Equipment	14.57	12.64	7.56	5.75
Other Intangible Assets	-	0.1	0.4	0.7
Total Assets	152.01	169.91	43.08	54.29

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Accounts Payable	5.93	7.65	4.05	1.27
Accrued Expenses	6.86	4.84	2.97	2.6
Current Portion of Leases	0.04	0.06	0.05	0.04
Other Current Liabilities	-	1.64	0.58	0.36
Total Current Liabilities	12.83	14.2	7.65	4.28
Long-Term Debt	14.81	14.91	14.66	14.35
Long-Term Leases	0.03	0.05	0.03	0.07
Total Liabilities	27.68	29.16	22.33	18.71

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Common Stock	0.02	0.02	0	0
Additional Paid-In Capital	240.34	238.01	2.15	1.33
Retained Earnings	-115.93	-97.4	-57.04	-41.42
Comprehensive Income & Other	-0.1	0.12	0.2	0.36
Total Common Equity	124.33	140.75	-54.7	-39.74
Shareholders' Equity	124.33	140.75	20.75	35.59
Total Liabilities & Equity	152.01	169.91	43.08	54.29

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Total Debt	14.88	15.02	14.73	14.47
Net Cash (Debt)	84.11	109.28	0.31	18.35
Net Cash Growth	240.73%	34702.87%	-98.29%	-
Net Cash Per Share	4.43	12.60	4.87	319.91
Filing Date Shares Outstanding	20.82	20.65	0.08	0.06
Total Common Shares Outstanding	20.82	20.62	0.08	0.06
Working Capital	124.58	142.97	27.48	43.57
Book Value Per Share	5.97	6.82	-652.05	-692.84
Tangible Book Value	124.33	140.65	-55.1	-40.44
Tangible Book Value Per Share	5.97	6.82	-656.82	-705.04
Machinery	-	19.24	11.58	8.17
Leasehold Improvements	-	0.17	0.15	0.15

SEC Filings: 10-K · 10-Q