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Shoulder Innovations, Inc.

$18.57 +$4.20 (+29.23%)
NYSE · 14 Sep 2026 18:45 UTC
Previous Close
$18.53
Day Range
$18.51$19.23
Year Range
$10.92$24.59
Market Cap
385.11M
AVG Volume
113.15K
Trailing/Forward PE
-10.86/-
PEG ratio
0.66
Dividend Yield
-
Next Earnings Date
-
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
020M40M60M202320242025
SI Revenue (USD) by year
PeriodRevenue (USD)
202547.32M
202431.62M
202319.27M
Net Income (USD)
-60M-40M-20M0202320242025
SI Net Income (USD) by year
PeriodNet Income (USD)
2025-40.36M
2024-15.62M
2023-12.65M
Operating Income (USD)
-30M-20M-10M0202320242025
SI Operating Income (USD) by year
PeriodOperating Income (USD)
2025-26.3M
2024-14.65M
2023-10.86M
EBITDA (USD)
-40M-30M-20M-10M0202320242025
SI EBITDA (USD) by year
PeriodEBITDA (USD)
2025-37.08M
2024-13.29M
2023-11.8M
Cash Flows (USD)
-40M-30M-20M-10M020242025
SI Cash Flows (USD) by year
PeriodCash Flows (USD)
2025-36.02M
2024-8.07M
EPS (USD)
-2-1.5-1-0.50202320242025
SI EPS (USD) by year
PeriodEPS (USD)
2025-1.99
2024-0.78
2023-0.64
Expenses (USD)
020M40M60M80MR&DSG&ACapex202320242025
SI Expenses (USD) by year
PeriodExpenses (USD)
202568.52M
202441.08M
202326.13M
Cash & Debt (USD)
050M100M150MCashLong Term DebtShort Term Debt202320242025
SI Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025124.31M
202415.04M
202332.81M
Debt ratios
00.511.52202320242025
SI Debt ratios by year
PeriodDebt ratios
20251.89
20240.8
20231.46
Margins
0%20%40%60%80%202320242025
SI Margins by year
PeriodMargins
202573.58%
202476.97%
202379.23%
Return on Capital
-80%-60%-40%-20%0%202320242025
SI Return on Capital by year
PeriodReturn on Capital
2025-28.67%
2024-78.96%
2023-36.43%
Shares Outstanding
010M20M30M202320242025
SI Shares Outstanding by year
PeriodShares Outstanding
202520.6M
202419.92M
202319.92M
Book Value Per Share (USD)
02468202320242025
SI Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
20256.83
20240.99
20231.74
Total Assets (USD)
050M100M150M200M202320242025
SI Total Assets (USD) by year
PeriodTotal Assets (USD)
2025169.91M
202443.08M
202354.29M
Employee Count
0204060802025
SI Employee Count by year
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 year
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 year
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 year
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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