Shoulder Innovations, Inc. (SI) quarterly cash flow statement — complete operating, investing & financing history
Shoulder Innovations, Inc. (SI) cash flow statement — 3-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|
| Cash from Operations | -6.39M | -7.39M | -12.36M | -8.78M | -8.55M | -4.8M | -6.48M | - | - | -2.51M | -3.48M | - |
| Operating CF Margin % | -39.48% | -43.04% | -73.96% | -60.93% | -72.77% | -43.56% | -63.93% | - | - | -30.34% | -48.37% | - |
| Operating CF Growth % | 25.28% | -54.1% | -90.8% | - | - | -91.42% | -86.39% | - | - | - | - | - |
| Net Income | -7.05M | -10.15M | -8.38M | -7.77M | -8.73M | -19.2M | -4.66M | - | - | -4.17M | -3.6M | - |
| Depreciation & Amortization | 1.12M | 1.13M | 1.13M | 980K | 843K | 717K | 668K | - | - | 515K | 498K | - |
| Stock-Based Compensation | 1.02M | 1.08M | 726K | 381K | 298K | 190K | 127K | - | - | 170K | 168K | - |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | 0 | - |
| Other Non-Cash Items | -7.79M | 1.01M | 9K | 149K | 993K | 13.25M | -99K | - | - | 73K | 212K | - |
| Working Capital Changes | 6.31M | -465K | -5.85M | -2.52M | -1.96M | 241K | -2.51M | - | - | 908K | -753K | - |
| Change in Receivables | 1.51M | -468K | -2.39M | -1.24M | -240K | -361K | -1.46M | - | - | -283K | 431K | - |
| Change in Inventory | -1.46M | -1.09M | -238K | -2.23M | -2.28M | -3.98M | 851K | - | - | -467K | -544K | - |
| Change in Payables | -1.2M | 997K | -3.22M | 1.58M | 807K | 3.1M | -2.12M | - | - | 826K | -46K | - |
| Cash from Investing | 18.13M | 20.44M | -3.12M | -17.28M | -72.44M | 7.19M | -13.07M | - | - | 6.42M | -1.01M | - |
| Capital Expenditures | -586K | -2.16M | -2.73M | -2.28M | -2.81M | -1.47M | -843K | - | - | -778K | -1.31M | - |
| CapEx % of Revenue | 3.62% | 12.56% | 16.37% | 15.83% | 23.95% | 13.33% | 8.32% | - | - | 9.42% | 18.19% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | 0 | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | 0 | - |
| Cash from Financing | 215K | -84K | 101K | -2M | 108.87M | 18.29M | 19.79M | - | - | 0 | 0 | - |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 39.86M | 0 | 0 | - | - | 0 | 0 | - |
| Equity Issued (Net) | 0 | 423K | 101K | -39.55M | 585K | 19.92M | 19.63M | - | - | 0 | 0 | - |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | 0 | - |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | 0 | - |
| Other Financing | 215K | -507K | 0 | 37.55M | 68.42M | -1.63M | 162K | - | - | 0 | 0 | - |
| Net Change in Cash | 11.96M | 12.97M | -15.38M | -28.06M | 27.88M | 20.68M | 247K | - | - | 3.92M | -4.49M | - |
| Free Cash Flow | -6.98M | -9.55M | -15.09M | -11.06M | -11.37M | -6.26M | -7.32M | - | - | -3.28M | -4.78M | - |
| FCF Margin % | -43.1% | -55.6% | -90.33% | -76.75% | -96.72% | -56.89% | -72.25% | - | - | -39.76% | -66.56% | - |
| FCF Growth % | 38.63% | -52.42% | -106.19% | - | - | -90.77% | -53.07% | - | - | - | - | - |
| FCF per Share | -0.33 | -0.46 | -0.73 | -0.54 | -0.56 | -0.31 | -0.37 | - | - | -0.16 | -0.24 | - |
| FCF Conversion (FCF/Net Income) | 0.91x | 0.73x | 1.47x | 1.13x | 0.98x | 0.25x | 1.39x | - | - | 0.60x | 0.97x | - |
| Interest Paid | 0 | 844K | 413K | -863K | 418K | 432K | 431K | - | - | 450K | 450K | - |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | 0 | - |