Shoulder Innovations, Inc. (SI) quarterly income statement — complete revenue, gross profit & net income history
Shoulder Innovations, Inc. (SI) annual income statement — 3-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|
| Sales/Revenue | 17.18M | 16.71M | 14.42M | 11.76M | 11.01M | 10.13M |
| Revenue Growth % | 55.95% | 64.9% | - | - | - | - |
| Cost of Goods Sold | 3.73M | 3.72M | 3.36M | 2.79M | 3.34M | 3.01M |
| COGS % of Revenue | 21.74% | 22.28% | 23.3% | 23.78% | 30.31% | 29.7% |
| Gross Profit | 13.44M | 12.99M | 11.06M | 8.96M | 7.67M | 7.12M |
| Gross Margin % | 78.26% | 77.72% | 76.7% | 76.22% | 69.69% | 70.3% |
| Gross Profit Growth % | 75.13% | 82.31% | - | - | - | - |
| Operating Expenses | 23.48M | 21.96M | 19.56M | 16.6M | 13.54M | 11.42M |
| OpEx % of Revenue | 136.69% | 131.45% | 135.66% | 141.22% | 122.92% | 112.68% |
| Selling, General & Admin | 20.09M | 18.21M | 16.34M | 15.08M | 12.13M | 9.83M |
| SG&A % of Revenue | 116.95% | 108.98% | 113.35% | 128.25% | 110.15% | 97.06% |
| Research & Development | 3.39M | 3.75M | 3.22M | 1.52M | 1.41M | 1.58M |
| R&D % of Revenue | 19.74% | 22.47% | 22.32% | 12.97% | 12.77% | 15.62% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -10.04M | -8.98M | -8.5M | -7.64M | -5.86M | -4.29M |
| Operating Margin % | -58.43% | -53.72% | -58.96% | -65% | -53.23% | -42.38% |
| Operating Income Growth % | -71.2% | -109.04% | - | - | - | - |
| EBITDA | -10.15M | -7.84M | -7.52M | -6.8M | -5.14M | -3.63M |
| EBITDA Margin % | -59.11% | -46.95% | -52.16% | -57.83% | -46.71% | -35.79% |
| EBITDA Growth % | -97.38% | -116.33% | - | - | - | - |
| D&A (Non-Cash Add-back) | 0 | 1.13M | 980K | 843K | 718K | 668K |
| EBIT | -10.15M | -8.81M | -8.36M | -8.65M | -18.98M | -4.29M |
| Net Interest Income | 673K | 436K | 591K | -78K | -216K | -367K |
| Interest Income | 673K | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | -436K | -591K | 78K | 216K | 367K |
| Other Income/Expense | -117K | 597K | 728K | -1.09M | -13.33M | -368K |
| Pretax Income | -10.15M | -8.38M | -7.77M | -8.73M | -19.2M | -4.66M |
| Pretax Margin % | -59.11% | -50.15% | -53.91% | -74.25% | -174.3% | -46.01% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -10.15M | -8.38M | -7.77M | -8.73M | -19.2M | -4.66M |
| Net Margin % | -59.11% | -50.15% | -53.91% | -74.25% | -174.3% | -46.01% |
| Net Income Growth % | 47.11% | -79.73% | - | - | - | - |
| Net Income (Continuing) | -10.15M | -8.38M | -7.77M | -8.73M | -19.2M | -4.66M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.49 | -0.41 | -0.38 | -0.43 | -0.95 | -0.23 |
| EPS Growth % | 48.42% | -78.26% | - | - | - | - |
| EPS (Basic) | -0.49 | -0.41 | -0.38 | -0.43 | -0.95 | -0.23 |
| Diluted Shares Outstanding | 20.74M | 20.65M | 20.6M | 20.48M | 20.36M | 19.92M |
| Basic Shares Outstanding | 20.74M | 20.65M | 20.6M | 20.48M | 20.36M | 19.92M |
| Dividend Payout Ratio | - | - | - | - | - | - |