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Side-by-side financial comparison of SHOULDER INNOVATIONS, INC. (SI) and SITE Centers Corp. (SITC). Click either name above to swap in a different company.

SITE Centers Corp. is the larger business by last-quarter revenue ($20.5M vs $11.8M, roughly 1.7× SHOULDER INNOVATIONS, INC.). SITE Centers Corp. runs the higher net margin — 657.2% vs -74.3%, a 731.4% gap on every dollar of revenue.

Shoulder Innovations, Inc. is a medical technology firm specializing in design, development, and commercialization of innovative orthopedic devices for shoulder replacement surgery. Its products reduce surgical complications, improve patient outcomes, and are sold to orthopedic surgeons and healthcare providers across North America and Western Europe.

SITE Centers Corp. is a publicly traded real estate investment trust that invests in shopping centers. Founded in 1965 by Bert Wolstein, the company is headquartered in Beachwood, Ohio. As of December 31, 2019 the company owned interests in 170 shopping centers in the United States containing 57.0 million square feet and managed 13.2 million square feet for Retail Value Inc. Notable properties wholly owned by the company include Shopper's World in Framingham, Massachusetts. Its major tenants ...

SI vs SITC — Head-to-Head

Bigger by revenue
SITC
SITC
1.7× larger
SITC
$20.5M
$11.8M
SI
Higher net margin
SITC
SITC
731.4% more per $
SITC
657.2%
-74.3%
SI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SI
SI
SITC
SITC
Revenue
$11.8M
$20.5M
Net Profit
$-8.7M
$134.4M
Gross Margin
76.2%
Operating Margin
-65.0%
Net Margin
-74.3%
657.2%
Revenue YoY
-41.4%
Net Profit YoY
2409.0%
EPS (diluted)
$-0.64
$2.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SI
SI
SITC
SITC
Q4 25
$20.5M
Q3 25
$11.8M
$27.1M
Q2 25
$11.0M
$33.5M
Q1 25
$42.6M
Q4 24
$34.9M
Q3 24
$61.0M
Q2 24
$87.5M
Q1 24
$94.1M
Net Profit
SI
SI
SITC
SITC
Q4 25
$134.4M
Q3 25
$-8.7M
$-6.2M
Q2 25
$-19.2M
$46.5M
Q1 25
$3.1M
Q4 24
Q3 24
$323.0M
Q2 24
$238.2M
Q1 24
$-23.6M
Gross Margin
SI
SI
SITC
SITC
Q4 25
Q3 25
76.2%
Q2 25
76.2%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
SI
SI
SITC
SITC
Q4 25
Q3 25
-65.0%
-22.0%
Q2 25
-53.2%
Q1 25
7.6%
Q4 24
Q3 24
Q2 24
Q1 24
-34.8%
Net Margin
SI
SI
SITC
SITC
Q4 25
657.2%
Q3 25
-74.3%
-22.7%
Q2 25
-174.3%
138.9%
Q1 25
7.2%
Q4 24
Q3 24
529.4%
Q2 24
272.2%
Q1 24
-25.0%
EPS (diluted)
SI
SI
SITC
SITC
Q4 25
$2.55
Q3 25
$-0.64
$-0.13
Q2 25
$-165.53
$0.88
Q1 25
$0.06
Q4 24
Q3 24
$6.07
Q2 24
$4.45
Q1 24
$-0.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SI
SI
SITC
SITC
Cash + ST InvestmentsLiquidity on hand
$54.9M
$119.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$147.8M
$334.8M
Total Assets
$177.8M
$418.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SI
SI
SITC
SITC
Q4 25
$119.0M
Q3 25
$54.9M
$128.2M
Q2 25
$27.1M
$153.8M
Q1 25
$58.2M
Q4 24
$54.6M
Q3 24
$1.1B
Q2 24
$1.2B
Q1 24
$551.3M
Stockholders' Equity
SI
SI
SITC
SITC
Q4 25
$334.8M
Q3 25
$147.8M
$308.3M
Q2 25
$-78.2M
$486.7M
Q1 25
$519.6M
Q4 24
$516.7M
Q3 24
$2.7B
Q2 24
$2.3B
Q1 24
$2.1B
Total Assets
SI
SI
SITC
SITC
Q4 25
$418.7M
Q3 25
$177.8M
$654.0M
Q2 25
$77.8M
$959.0M
Q1 25
$929.8M
Q4 24
$933.6M
Q3 24
$3.1B
Q2 24
$4.0B
Q1 24
$3.9B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SI
SI
SITC
SITC
Operating Cash FlowLast quarter
$-8.6M
$19.6M
Free Cash FlowOCF − Capex
$-11.4M
FCF MarginFCF / Revenue
-96.7%
Capex IntensityCapex / Revenue
23.9%
Cash ConversionOCF / Net Profit
0.15×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SI
SI
SITC
SITC
Q4 25
$19.6M
Q3 25
$-8.6M
$5.2M
Q2 25
$-11.3M
$17.2M
Q1 25
$5.7M
Q4 24
$112.0M
Q3 24
$36.8M
Q2 24
$66.5M
Q1 24
$40.0M
Free Cash Flow
SI
SI
SITC
SITC
Q4 25
Q3 25
$-11.4M
Q2 25
$-13.6M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
SI
SI
SITC
SITC
Q4 25
Q3 25
-96.7%
Q2 25
-123.4%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
SI
SI
SITC
SITC
Q4 25
Q3 25
23.9%
Q2 25
21.0%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
SI
SI
SITC
SITC
Q4 25
0.15×
Q3 25
Q2 25
0.37×
Q1 25
1.86×
Q4 24
Q3 24
0.11×
Q2 24
0.28×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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