Shoulder Innovations, Inc.

Shoulder Innovations, Inc.

SI
Shoulder Innovations, Inc.US flagNew York Stock Exchange
20.73
USD
+1.50
- -
429.90MMarket Cap
Shoulder Innovations, Inc.
SI
(New York Stock Exchange)

Recent

price

20.73

P/E

ratio

- -

div

yld

- -

ROIC.AI

2023
2024
2025
TTM
FRC
0.95
1.56
5.46
3.18
Revenue per Share
-0.63
-0.77
-4.65
-1.85
Basic EPS, GAAP
-0.79
-0.9
-4.15
-2.49
Free Cash Flow per Basic Share
- -
- -
- -
- -
Dividend per Share
-1.96
-2.7
6.82
6.01
Book Value per Share
-2
-2.72
6.82
6.01
Tangible Book Value per Share
20
20
9
19
Basic Weighted Avg Shares
19
32
47
60
Sales/Revenue/Turnover
-56.37
-46.34
-55.58
-58.53
Operating Margin (%)
2
2
3
4
Depreciation Expense
-13
-16
-40
-35
Net Income, GAAP
- -
- -
- -
- -
Effective Tax Rate (%)
-65.66
-49.39
-85.29
-58.33
Profit Margin (%)
44
27
143
125
Working Capital
14
15
15
15
LT Debt
-40
-55
141
124
Total Equity
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
-49.22
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
15
15
15
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21
21
21
Market Capitalization
295
301
420

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
157
146
137
Cash, Cash Equivalents & STI
124
109
99
Accounts Receivable, Net
8
11
11
Inventories
22
22
23
Total Current Liabilities
14
12
13
Payables & Accruals
13
11
12
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-357.34%
Free Cash Flow
- -
- -
98.37%
Net Income, GAAP
- -
- -
158.4%
Sales/Revenue/Turnover
- -
- -
49.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7
8
7
9
32
2025
10
11
12
14
47
2026
17
17
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.18
-0.21
-0.2
- -
-0.77
2025
-0.23
-0.95
-0.64
-0.38
-4.65
2026
-0.41
-0.49
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Shoulder Innovations, Inc. Shoulder Innovations, Inc. (NYSE: SI) is a commercial-stage medical technology company that designs, develops, manufactures, and distributes advanced implant systems for shoulder arthroplasty, including anatomic total shoulder arthroplasty (aTSA) and reverse total shoulder arthroplasty (rTSA), primarily in the United States. The company offers its proprietary InSet Glenoid technology, which reduces mechanical stress at the bone-implant interface to enhance fixation, stability, and longevity while addressing the rocking horse effect; InSet Total Shoulder System; InSet Reverse Shoulder System with a lateralized-lateralized design for improved range of motion and fewer complications; InSet 70 humeral stem; ProVoyance Shoulder preoperative planning software; and streamlined Dual Tray and Reverse Tray systems optimized for hospital and ambulatory surgery center efficiency. Founded in 2009 by Dr. Steve Gunther and EDF Ventures and headquartered at 1535 Steele Avenue SW, Suite B, Grand Rapids, Michigan, the company targets orthopedic surgeons and patients requiring shoulder replacement solutions amid a growing $2.8 billion global market. Recent developments include the full commercial launch of the InSet 70 humeral stem in September 2025; a $40 million convertible notes financing closed in July 2025 led by Fidelity Management & Research Company to support commercialization and product development; completion of an initial public offering in July 2025 raising $75 million in gross proceeds; expansion of its surgeon customer base by nearly 50% year-over-year; and third-quarter 2025 revenue growth of 58% to $11.8 million, with full-year guidance raised to $42-44 million representing 33-39% growth.

Company News

APIChatGPT
  • Shoulder Innovations Promotes Jon Osborne to Chief Commercial Officer

  • Shoulder Innovations Q2 Earnings Call Highlights

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

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

  • Shoulder Innovations Reports Second Quarter 2026 Financial Results and Raises Full Year Outlook

  • Shoulder Innovations to Participate in the Canaccord Genuity 46th Annual Growth Conference

  • Silicon Metals Corp. Provides Corporate Update

  • Shoulder Innovations to Report Second Quarter 2026 Financial Results on August 6, 2026

  • Shoulder Innovations Announces Closing of up to $50 Million Credit Facility

  • Wall Street Analysts See a 51.79% Upside in Shoulder Innovations, Inc. (SI): Can the Stock Really Move This High?

  • Travel + Leisure Co. Breaks Ground on Sports Illustrated Resorts Destination in Tuscaloosa, Alabama

  • Shoulder Innovations to Participate in the Goldman Sachs 47th Annual Global Healthcare Conference

  • Wall Street Analysts Think Shoulder Innovations, Inc. (SI) Could Surge 35.96%: Read This Before Placing a Bet

  • Shoulder Innovations, Inc. (SI) Q1 2026 Earnings Call Transcript

  • Shoulder Innovations, Inc. (SI) Reports Q1 Loss, Tops Revenue Estimates

  • Shoulder Innovations Reports First Quarter 2026 Financial Results and Raises Full Year Outlook

  • Silicon Metals Corp. Announces Stock Option Grant

  • Silicon Metals Corp. Announces Private Placement of up to $600,000

  • Shoulder Innovations Initiates Full Commercial Launch of the InSet™ I-135RFX Humeral Stem

  • Shoulder Innovations to Report First Quarter 2026 Financial Results on May 13, 2026