SI Earnings Results and History
Shoulder Innovations, Inc.'s earnings at a glance: the latest results and outlook from the press release, revenue, margins and EPS for every quarter from the company's SEC filings, and how the stock moved after each report. New results show here within about a minute of being filed.
- EPS−$0.34 vs −$0.46 est +26.1%
- Revenue$16.2M vs $15.4M est +4.9%
- Revenue growth+37.7% vs a year ago
- Outlook RaisedFY2026: $68M to $70M revenue
Filed ยท Press release
Key takeaways
from the press release- Q3 net revenue rose 38% to $16.2 million, driven by more implant systems sold and a higher average selling price.
- Gross margin improved to 78.5% from 76.2% a year earlier on pricing and cost reduction programs.
EPS by quarter
GAAP diluted, 9 quartersRevenue and operating margin
from 10-Q and 10-KQuarter by quarter
from 10-Q and 10-K filings| Quarter ended | Revenue | Growth | Gross margin | Op margin | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|---|
| Jun 2026 | $17.2M | +56.0% | 78.3% | −58.4% | −$10.2M | −$0.49 | −$9.5M |
| Mar 2026 | $16.7M | +64.9% | 77.7% | −53.7% | −$8.4M | −$0.41 | −$15.1M |
| Dec 2025 | $14.4M | +65.2% | 76.7% | −59.0% | −$7.8M | $2.35 | −$11.1M |
| Sep 2025 | $11.8M | +57.7% | 76.2% | −65.0% | −$8.7M | −$0.64 | −$11.4M |
EPS here is GAAP diluted, as filed with the SEC. Estimates are usually based on adjusted EPS, so the two can differ. Growth compares with the same quarter a year earlier.
Year by year
fiscal years, from 10-K filings| Year ended | Revenue | Growth | Op margin | Net income | EPS |
|---|---|---|---|---|---|
| Dec 31, 2025 | $47.3M | +49.6% | −55.6% | −$40.4M | −$4.65 |
| Dec 31, 2024 | $31.6M | – | −46.3% | −$15.6M | −$242.04 |
Filings and dates
SEC EDGAR- Nov 5, 2026Earnings release, Q3 20268-K Press release
- Nov 5, 2026Next earnings reportexpected
- Aug 6, 2026Quarterly report10-Q All filings
Also see SI institutional ownership and the earnings calendar.
SI earnings FAQ
What were SI's latest earnings?
For Q3 2026 Shoulder Innovations, Inc. reported revenue of $16.2M, GAAP EPS of -$0.34. The results were filed with the SEC on Nov 5, 2026.
When is SI's next earnings date?
Shoulder Innovations, Inc. is expected to report on Nov 5, 2026. Dates can move until the company confirms them.
Is SI's revenue growing?
In the quarter ended Jun 30, 2026 revenue was $17.2M, up 56.0% from a year earlier. The table on this page shows every quarter from the company's 10-Q and 10-K filings.
Where do these numbers come from?
Results, guidance and financials come from Shoulder Innovations, Inc.'s own SEC filings: the earnings press release (Form 8-K) and the quarterly and annual reports (10-Q and 10-K). Key takeaways summarize the press release. Estimates and price moves come from market data.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Results come from company filings with the SEC. Estimates are consensus figures from before each report. Key takeaways summarize the company's press release and may contain errors; the press release is the authoritative source.