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Side-by-side financial comparison of SHOULDER INNOVATIONS, INC. (SI) and UNITED SECURITY BANCSHARES (UBFO). Click either name above to swap in a different company.

UNITED SECURITY BANCSHARES is the larger business by last-quarter revenue ($13.5M vs $11.8M, roughly 1.2× SHOULDER INNOVATIONS, INC.). UNITED SECURITY BANCSHARES runs the higher net margin — 25.2% vs -74.3%, a 99.5% gap on every dollar of revenue. UNITED SECURITY BANCSHARES produced more free cash flow last quarter ($19.8M vs $-11.4M).

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.

United Security Bancshares is a bank holding company headquartered in Fresno, California. It operates 11 branches.

SI vs UBFO — Head-to-Head

Bigger by revenue
UBFO
UBFO
1.2× larger
UBFO
$13.5M
$11.8M
SI
Higher net margin
UBFO
UBFO
99.5% more per $
UBFO
25.2%
-74.3%
SI
More free cash flow
UBFO
UBFO
$31.1M more FCF
UBFO
$19.8M
$-11.4M
SI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SI
SI
UBFO
UBFO
Revenue
$11.8M
$13.5M
Net Profit
$-8.7M
$3.4M
Gross Margin
76.2%
Operating Margin
-65.0%
31.5%
Net Margin
-74.3%
25.2%
Revenue YoY
13.6%
Net Profit YoY
36.8%
EPS (diluted)
$-0.64
$0.18

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
UBFO
UBFO
Q4 25
$13.5M
Q3 25
$11.8M
$14.0M
Q2 25
$11.0M
$12.6M
Q1 25
$13.7M
Q4 24
$11.9M
Q3 24
$13.8M
Q2 24
$13.0M
Q1 24
$12.8M
Net Profit
SI
SI
UBFO
UBFO
Q4 25
$3.4M
Q3 25
$-8.7M
$4.0M
Q2 25
$-19.2M
$2.2M
Q1 25
$2.7M
Q4 24
$2.5M
Q3 24
$3.8M
Q2 24
$4.3M
Q1 24
$4.2M
Gross Margin
SI
SI
UBFO
UBFO
Q4 25
Q3 25
76.2%
Q2 25
76.2%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
SI
SI
UBFO
UBFO
Q4 25
31.5%
Q3 25
-65.0%
40.3%
Q2 25
-53.2%
24.0%
Q1 25
27.5%
Q4 24
27.5%
Q3 24
37.1%
Q2 24
46.4%
Q1 24
45.9%
Net Margin
SI
SI
UBFO
UBFO
Q4 25
25.2%
Q3 25
-74.3%
28.7%
Q2 25
-174.3%
17.2%
Q1 25
19.6%
Q4 24
20.9%
Q3 24
27.7%
Q2 24
33.0%
Q1 24
32.6%
EPS (diluted)
SI
SI
UBFO
UBFO
Q4 25
$0.18
Q3 25
$-0.64
$0.23
Q2 25
$-165.53
$0.13
Q1 25
$0.16
Q4 24
$0.14
Q3 24
$0.22
Q2 24
$0.25
Q1 24
$0.24

Balance Sheet & Financial Strength

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

Metric
SI
SI
UBFO
UBFO
Cash + ST InvestmentsLiquidity on hand
$54.9M
$264.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$147.8M
$139.7M
Total Assets
$177.8M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SI
SI
UBFO
UBFO
Q4 25
$264.2M
Q3 25
$54.9M
$211.1M
Q2 25
$27.1M
$199.5M
Q1 25
$198.4M
Q4 24
$216.9M
Q3 24
$216.8M
Q2 24
$166.3M
Q1 24
$168.6M
Stockholders' Equity
SI
SI
UBFO
UBFO
Q4 25
$139.7M
Q3 25
$147.8M
$137.4M
Q2 25
$-78.2M
$134.3M
Q1 25
$132.9M
Q4 24
$130.4M
Q3 24
$132.9M
Q2 24
$127.3M
Q1 24
$124.2M
Total Assets
SI
SI
UBFO
UBFO
Q4 25
$1.2B
Q3 25
$177.8M
$1.2B
Q2 25
$77.8M
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.3B
Q2 24
$1.2B
Q1 24
$1.2B

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
UBFO
UBFO
Operating Cash FlowLast quarter
$-8.6M
$22.1M
Free Cash FlowOCF − Capex
$-11.4M
$19.8M
FCF MarginFCF / Revenue
-96.7%
146.0%
Capex IntensityCapex / Revenue
23.9%
16.8%
Cash ConversionOCF / Net Profit
6.46×
TTM Free Cash FlowTrailing 4 quarters
$36.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SI
SI
UBFO
UBFO
Q4 25
$22.1M
Q3 25
$-8.6M
$7.0M
Q2 25
$-11.3M
$8.7M
Q1 25
$3.0M
Q4 24
$19.6M
Q3 24
$5.4M
Q2 24
$2.3M
Q1 24
$7.4M
Free Cash Flow
SI
SI
UBFO
UBFO
Q4 25
$19.8M
Q3 25
$-11.4M
$6.1M
Q2 25
$-13.6M
$8.1M
Q1 25
$2.9M
Q4 24
$18.6M
Q3 24
$5.3M
Q2 24
$2.0M
Q1 24
$7.0M
FCF Margin
SI
SI
UBFO
UBFO
Q4 25
146.0%
Q3 25
-96.7%
43.7%
Q2 25
-123.4%
64.3%
Q1 25
21.2%
Q4 24
156.0%
Q3 24
38.1%
Q2 24
15.5%
Q1 24
54.8%
Capex Intensity
SI
SI
UBFO
UBFO
Q4 25
16.8%
Q3 25
23.9%
6.0%
Q2 25
21.0%
4.6%
Q1 25
0.9%
Q4 24
8.7%
Q3 24
0.7%
Q2 24
2.2%
Q1 24
3.6%
Cash Conversion
SI
SI
UBFO
UBFO
Q4 25
6.46×
Q3 25
1.73×
Q2 25
4.01×
Q1 25
1.13×
Q4 24
7.87×
Q3 24
1.40×
Q2 24
0.54×
Q1 24
1.79×

Financial Flow Comparison

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

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