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Shoulder Innovations, Inc.

$18.53 +$4.16 (+28.95%)
NYSE · 11 Sep 2026 20:00 UTC
Previous Close
$19.11
Day Range
$18.36$19.69
Year Range
$10.92$24.59
Market Cap
384.28M
AVG Volume
113.15K
Trailing/Forward PE
-10.84/-
PEG ratio
0.66
Dividend Yield
-
Next Earnings Date
-
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
05M10M15M20M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q217.18M
26 Q116.71M
25 Q414.42M
25 Q311.76M
25 Q211.01M
25 Q110.13M
24 Q48.72M
24 Q37.45M
24 Q28.26M
24 Q17.18M
Net Income (USD)
-20M-15M-10M-5M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2-10.15M
26 Q1-8.38M
25 Q4-7.77M
25 Q3-8.73M
25 Q2-19.2M
25 Q1-4.66M
24 Q4-3.79M
24 Q3-4.05M
24 Q2-4.17M
24 Q1-3.6M
Operating Income (USD)
-15M-10M-5M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2-10.04M
26 Q1-8.98M
25 Q4-8.5M
25 Q3-7.64M
25 Q2-5.86M
25 Q1-4.29M
24 Q4-3.54M
24 Q3-3.88M
24 Q2-3.98M
24 Q1-3.26M
EBITDA (USD)
-20M-15M-10M-5M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2-10.15M
26 Q1-7.68M
25 Q4-7.38M
25 Q3-7.81M
25 Q2-18.26M
25 Q1-3.63M
24 Q4-3.4M
24 Q3-3.74M
24 Q2-3.37M
24 Q1-2.79M
Cash Flows (USD)
-20M-15M-10M-5M024 Q124 Q225 Q125 Q225 Q325 Q426 Q126 Q2
SI Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q2-9.55M
26 Q1-15.09M
25 Q4-11.06M
25 Q3-11.37M
25 Q2-6.26M
25 Q1-7.32M
24 Q2-3.28M
24 Q1-4.78M
EPS (USD)
-1-0.75-0.5-0.25024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI EPS (USD) by quarter
PeriodEPS (USD)
26 Q2-0.49
26 Q1-0.41
25 Q4-0.38
25 Q3-0.43
25 Q2-0.95
25 Q1-0.23
24 Q4-0.19
24 Q3-0.2
24 Q2-0.21
24 Q1-0.18
Expenses (USD)
010M20M30MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q225.63M
26 Q124.7M
25 Q421.84M
25 Q319.42M
25 Q215.01M
25 Q112.26M
24 Q410.3M
24 Q39.58M
24 Q211.11M
24 Q110.08M
Cash & Debt (USD)
050M100M150MCashLong Term DebtShort Term Debt23 Q424 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q298.99M
26 Q1108.54M
25 Q4124.31M
25 Q3137.29M
25 Q239.63M
25 Q127.56M
24 Q415.04M
23 Q432.81M
Debt ratios
0123423 Q424 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI Debt ratios by quarter
PeriodDebt ratios
26 Q22.55
26 Q12.27
25 Q42.95
25 Q33.7
25 Q20.85
25 Q10.91
24 Q40.02
23 Q41.55
Margins
0%20%40%60%80%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI Margins by quarter
PeriodMargins
26 Q278.26%
26 Q177.72%
25 Q476.7%
25 Q376.22%
25 Q269.69%
25 Q170.3%
24 Q477.57%
24 Q376.48%
24 Q276.92%
24 Q176.81%
Return on Capital
-40%-30%-20%-10%0%23 Q424 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI Return on Capital by quarter
PeriodReturn on Capital
26 Q2-8.17%
26 Q1-6.3%
25 Q4-5.52%
25 Q3-5.9%
25 Q2-39.58%
25 Q1-13.38%
24 Q4-19.17%
23 Q4-7.28%
Shares Outstanding
010M20M30M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI Shares Outstanding by quarter
PeriodShares Outstanding
26 Q220.74M
26 Q120.65M
25 Q420.6M
25 Q320.48M
25 Q220.36M
25 Q119.92M
24 Q419.92M
24 Q319.92M
24 Q219.92M
24 Q119.92M
Book Value Per Share (USD)
0246823 Q424 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q26
26 Q16.44
25 Q46.83
25 Q37.22
25 Q22.38
25 Q11.75
24 Q40.99
23 Q41.74
Total Assets (USD)
050M100M150M200M23 Q424 Q425 Q125 Q225 Q325 Q426 Q126 Q2
SI Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q2152.01M
26 Q1160.36M
25 Q4169.91M
25 Q3177.76M
25 Q277.83M
25 Q157.52M
24 Q443.08M
23 Q454.29M
Employee Count
0204060802025
SI Employee Count by quarter
PeriodEmployee Count
202572
Free Cash Flow Yield
-16%-14%-12%-10%-8%med -11.66%Mar 26Apr 26May 26Jun 26Jul 26Aug 26Sep 26
SI Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 26-12.25%
Sep 26-11.17%
Aug 26-10.73%
Aug 26-10.29%
Aug 26-10.95%
Aug 26-11.03%
Jul 26-9.32%
Jul 26-10.39%
Jul 26-9.82%
Jul 26-10.52%
Jul 26-9.97%
Jun 26-9.3%
Jun 26-11.43%
Jun 26-11.34%
Jun 26-14.85%
May 26-14.42%
May 26-14.52%
May 26-13.57%
May 26-13.24%
May 26-12.94%
Apr 26-13.48%
Apr 26-11.66%
Apr 26-11.69%
Apr 26-11.97%
Mar 26-12.61%
Mar 26-12.23%
Mar 26-11.8%
Price to Sales
56789med 7.07Aug 25Oct 25Jan 26Mar 26May 26Jul 26Sep 26
SI Price to Sales by quarter
PeriodPrice to Sales
Sep 266.4
Sep 267.02
Aug 267.31
Aug 267.62
Aug 267.16
Aug 267.11
Jul 268.71
Jul 267.82
Jul 268.27
Jul 267.73
Jul 268.15
Jun 268.73
Jun 267.11
Jun 267.17
Jun 265.47
May 265.63
May 265.6
May 265.99
May 265.75
May 265.88
Apr 265.65
Apr 266.53
Apr 266.51
Apr 266.36
Mar 266.03
Mar 266.23
Mar 266.45
Mar 266.4
Feb 266.67
Feb 266.53
Feb 266.43
Feb 266.27
Jan 266.97
Jan 267.33
Jan 266.87
Jan 267.08
Jan 267.07
Dec 257.5
Dec 257.54
Dec 257.07
Dec 257.48
Nov 257.6
Nov 257.23
Nov 257.23
Nov 256.03
Oct 256.39
Oct 256.71
Oct 256.82
Oct 256.76
Oct 256.65
Sep 256.6
Sep 257.87
Sep 258.57
Sep 258.56
Aug 258.54
Aug 257.32
Aug 258.12
Aug 257.15
Aug 258.21
Price to Book
0246810med 2.43Aug 25Oct 25Jan 26Mar 26May 26Jul 26Sep 26
SI Price to Book by quarter
PeriodPrice to Book
Sep 263.09
Sep 263.39
Aug 263.53
Aug 263.68
Aug 263.46
Aug 263.43
Jul 263.53
Jul 263.17
Jul 263.35
Jul 263.13
Jul 263.3
Jun 263.54
Jun 262.88
Jun 262.9
Jun 262.22
May 262.28
May 262.27
May 262.43
May 261.93
May 261.98
Apr 261.9
Apr 262.2
Apr 262.19
Apr 262.14
Mar 262.03
Mar 262.09
Mar 262.17
Mar 261.8
Feb 261.88
Feb 261.84
Feb 261.81
Feb 261.77
Jan 261.96
Jan 262.06
Jan 261.93
Jan 261.99
Jan 261.99
Dec 252.11
Dec 252.12
Dec 251.99
Dec 252.11
Nov 252.14
Nov 252.04
Nov 252.04
Nov 254.64
Oct 254.92
Oct 255.16
Oct 255.25
Oct 255.2
Oct 255.12
Sep 255.08
Sep 256.05
Sep 256.59
Sep 258.49
Aug 258.48
Aug 257.27
Aug 258.06
Aug 257.1
Aug 258.15
Shoulder Innovations, Inc.
SI
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News: SI

Shoulder Innovations Receives FDA 510(k) Clearance for N-22 Humeral Head and Initiates Full Commercial Launch

prnewswire.com · 10 Sep 2026

Shoulder Innovations Receives FDA 510(k) Clearance for N-22 Humeral Head and Initiates Full Commercial Launch

Second Product Introduction on New Line of Technologies for Metal-Sensitive Patients GRAND RAPIDS, Mich., Sept. 10, 2026 /PRNewswire/ -- Shoulder Innovations, Inc. ("Shoulder Innovations", or "the company") (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced it has received U.S. Food and Drug Administration (FDA) 510(k) clearance for the N-22 Humeral Head, a titanium implant option for patients with metal hypersensitivity.

Shoulder Innovations Announces Exclusive Partnership with ALM Ortho to Introduce Bespoke Solution for Complex Shoulder Reconstruction Procedures

prnewswire.com · 9 Sep 2026

Shoulder Innovations Announces Exclusive Partnership with ALM Ortho to Introduce Bespoke Solution for Complex Shoulder Reconstruction Procedures

GRAND RAPIDS, Mich., Sept. 9, 2026 /PRNewswire/ -- Shoulder Innovations, Inc. ("Shoulder Innovations", or "the company") (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced it has entered into an exclusive collaboration with ALM Ortho, Inc. ("ALM Ortho"), a leader in additive manufacturing of titanium orthopedic implants, to introduce a bespoke implant for the treatment of severe shoulder deformity and other highly complex revision cases, circumstances for which no adequate solution currently exists.

Shoulder Innovations Announces Settlement of Patent Litigation with Catalyst OrthoScience

prnewswire.com · 8 Sep 2026

Shoulder Innovations Announces Settlement of Patent Litigation with Catalyst OrthoScience

GRAND RAPIDS, Mich., Sept. 8, 2026 /PRNewswire/ -- Shoulder Innovations, Inc. ("Shoulder Innovations") (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced that it has entered into a settlement agreement with Catalyst OrthoScience Inc. ("Catalyst") to resolve all outstanding patent litigation between the two companies.

Shoulder Innovations to Participate in the Morgan Stanley 24th Annual Healthcare Conference

prnewswire.com · 1 Sep 2026

Shoulder Innovations to Participate in the Morgan Stanley 24th Annual Healthcare Conference

GRAND RAPIDS, Mich., Sept. 1, 2026 /PRNewswire/ -- Shoulder Innovations, Inc. (Shoulder Innovations, or the company) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced that members of management will participate in a fireside chat at the Morgan Stanley 24th Annual Healthcare Conference.

Shoulder Innovations Promotes Jon Osborne to Chief Commercial Officer

prnewswire.com · 10 Aug 2026

Shoulder Innovations Promotes Jon Osborne to Chief Commercial Officer

GRAND RAPIDS, Mich., Aug. 10, 2026 /PRNewswire/ -- Shoulder Innovations, Inc. (Shoulder Innovations, or the company) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced the promotion of Jon Osborne to Chief Commercial Officer, effective August 6, 2026.

Shoulder Innovations Q2 Earnings Call Highlights

marketbeat.com · 9 Aug 2026

Shoulder Innovations Q2 Earnings Call Highlights

Shoulder Innovations NYSE: SI reported second-quarter net revenue of $17.2 million, up 56% from $11 million a year earlier, as the company added surgeons, expanded use among existing customers and advanced several product launches. The company raised its full-year 2026 revenue outlook to $67 million to $69 million, from a prior range of $65 million to $68 million.

Shoulder Innovations, Inc. (SI) Q2 2026 Earnings Call Transcript

seekingalpha.com · 6 Aug 2026

Shoulder Innovations, Inc. (SI) Q2 2026 Earnings Call Transcript

Shoulder Innovations, Inc. (SI) Q2 2026 Earnings Call Transcript

Shoulder Innovations, Inc. (SI) Reports Q2 Loss, Beats Revenue Estimates

zacks.com · 6 Aug 2026

Shoulder Innovations, Inc. (SI) Reports Q2 Loss, Beats Revenue Estimates

Shoulder Innovations, Inc. (SI) came out with a quarterly loss of $0.46 per share in line with the Zacks Consensus Estimate. This compares to a loss of $64.47 per share a year ago.

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