NYSE:SI
Shoulder Innovations, Inc.
Shoulder Innovations, Inc.'s revenue grew 49.6% in fiscal 2025 to $47.3M while operating margin fell to −55.6%. Free cash flow was −$36.0M, −76.1% of revenue, and the diluted share count rose 13340.5%.Summary generated from Shoulder Innovations, Inc.'s SEC filings. Latest annual report filed Mar 10, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$47.3M
Revenue growth+49.6%
Revenue, 5-yr CAGRn/a
Gross margin76.5%
Operating margin−55.6%
Net margin−85.3%
ROIC−50.3%
Return on equity−93.8%
Debt / equity0.11
Free cash flow−$36.0M
FCF margin−76.1%
Share count change+13340.5%
Financials
| Item | 2024 | 2025 |
|---|---|---|
| Revenue | 32 | 47 |
| Operating income | −15 | −26 |
| Net income | −16 | −40 |
| Free cash flow | −18 | −36 |
Recent filings
- 8-KRegulation FD disclosure
Oct 8, 2026 - 4Insider transaction report
Oct 6, 2026 - 4Insider transaction report
Oct 6, 2026 - 8-KRegulation FD disclosure
Aug 10, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 8-KEntry into a material agreement
Jun 29, 2026 - 8-KResults of a shareholder vote
Jun 26, 2026