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SHOULDER INNOVATIONS, INC.

SHOULDER INNOVATIONS, INC.SIEarnings & Financial Report

NYSE

SI Q3 2025 Key Financial Metrics

Revenue

$11.8M

Gross Profit

$9.0M

Operating Profit

$-7.6M

Net Profit

$-8.7M

Gross Margin

76.2%

Operating Margin

-65.0%

Net Margin

-74.3%

YoY Growth

57.7%

EPS

$-0.64

Financial Flow

SHOULDER INNOVATIONS, INC. Q3 2025 Financial Summary

SHOULDER INNOVATIONS, INC. reported revenue of $11.8M for Q3 2025, with a net profit of $-8.7M (-74.3% margin). Cost of goods sold was $2.8M, operating expenses totaled $16.6M.

Key Financial Metrics

Total Revenue$11.8M
Net Profit$-8.7M
Gross Margin76.2%
Operating Margin-65.0%
Report PeriodQ3 2025

Income Statement

Q2 2024Q3 2024Q2 2025Q3 2025
Revenue$8.3M$7.5M$11.0M$11.8M
YoY GrowthN/AN/A33.3%57.7%

Balance Sheet

Q2 2024Q3 2024Q2 2025Q3 2025
AssetsN/AN/A$77.8M$177.8M
LiabilitiesN/AN/A$29.3M$29.9M
Equity$-47.2M$-50.9M$-78.2M$147.8M

Cash Flow

Q3 2025
Operating CF$-8.6M