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Side-by-side financial comparison of SHOULDER INNOVATIONS, INC. (SI) and Ucommune International Ltd (UK). Click either name above to swap in a different company.

Ucommune International Ltd is the larger business by last-quarter revenue ($16.4M vs $11.8M, roughly 1.4× SHOULDER INNOVATIONS, INC.). Ucommune International Ltd runs the higher net margin — -42.2% vs -74.3%, a 32.1% gap on every dollar of revenue. Ucommune International Ltd produced more free cash flow last quarter ($-892.0K 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.

Ucommune International Ltd., formerly known as UrWork, is a Beijing-based co-working space provider founded in 2015 by Mao Daqing. It is now the second-largest co-working space provider after WeWork, with properties in three dozen cities around the world, including Shanghai, Singapore, Hong Kong and New York City. The company was valued at 1.8 billion US dollars in August 2018, making it the first domestic unicorn in the Chinese co-working space, but by November 2018, Ucommune had completed i...

SI vs UK — Head-to-Head

Bigger by revenue
UK
UK
1.4× larger
UK
$16.4M
$11.8M
SI
Higher net margin
UK
UK
32.1% more per $
UK
-42.2%
-74.3%
SI
More free cash flow
UK
UK
$10.5M more FCF
UK
$-892.0K
$-11.4M
SI

Income Statement — Q3 FY2025 vs Q2 FY2024

Metric
SI
SI
UK
UK
Revenue
$11.8M
$16.4M
Net Profit
$-8.7M
$-6.9M
Gross Margin
76.2%
Operating Margin
-65.0%
-23.6%
Net Margin
-74.3%
-42.2%
Revenue YoY
-56.1%
Net Profit YoY
-30.2%
EPS (diluted)
$-0.64
$-8.55

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
UK
UK
Q3 25
$11.8M
Q2 25
$11.0M
Q2 24
$16.4M
Q2 23
$37.2M
Q2 22
$44.4M
Net Profit
SI
SI
UK
UK
Q3 25
$-8.7M
Q2 25
$-19.2M
Q2 24
$-6.9M
Q2 23
$-5.3M
Q2 22
$-34.2M
Gross Margin
SI
SI
UK
UK
Q3 25
76.2%
Q2 25
76.2%
Q2 24
Q2 23
Q2 22
Operating Margin
SI
SI
UK
UK
Q3 25
-65.0%
Q2 25
-53.2%
Q2 24
-23.6%
Q2 23
-22.0%
Q2 22
-86.7%
Net Margin
SI
SI
UK
UK
Q3 25
-74.3%
Q2 25
-174.3%
Q2 24
-42.2%
Q2 23
-14.2%
Q2 22
-77.1%
EPS (diluted)
SI
SI
UK
UK
Q3 25
$-0.64
Q2 25
$-165.53
Q2 24
$-8.55
Q2 23
$-0.99
Q2 22
$-7.83

Balance Sheet & Financial Strength

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

Metric
SI
SI
UK
UK
Cash + ST InvestmentsLiquidity on hand
$54.9M
$10.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$147.8M
$4.7M
Total Assets
$177.8M
$68.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SI
SI
UK
UK
Q3 25
$54.9M
Q2 25
$27.1M
Q2 24
$10.7M
Q2 23
$8.6M
Q2 22
$15.9M
Total Debt
SI
SI
UK
UK
Q3 25
Q2 25
Q2 24
Q2 23
$50.9K
Q2 22
$2.1M
Stockholders' Equity
SI
SI
UK
UK
Q3 25
$147.8M
Q2 25
$-78.2M
Q2 24
$4.7M
Q2 23
$3.0M
Q2 22
$19.6M
Total Assets
SI
SI
UK
UK
Q3 25
$177.8M
Q2 25
$77.8M
Q2 24
$68.0M
Q2 23
$103.4M
Q2 22
$200.4M
Debt / Equity
SI
SI
UK
UK
Q3 25
Q2 25
Q2 24
Q2 23
0.02×
Q2 22
0.11×

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
UK
UK
Operating Cash FlowLast quarter
$-8.6M
$-677.0K
Free Cash FlowOCF − Capex
$-11.4M
$-892.0K
FCF MarginFCF / Revenue
-96.7%
-5.5%
Capex IntensityCapex / Revenue
23.9%
1.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SI
SI
UK
UK
Q3 25
$-8.6M
Q2 25
$-11.3M
Q2 24
$-677.0K
Q2 23
$4.2M
Q2 22
$-16.0M
Free Cash Flow
SI
SI
UK
UK
Q3 25
$-11.4M
Q2 25
$-13.6M
Q2 24
$-892.0K
Q2 23
$3.2M
Q2 22
$-19.9M
FCF Margin
SI
SI
UK
UK
Q3 25
-96.7%
Q2 25
-123.4%
Q2 24
-5.5%
Q2 23
8.5%
Q2 22
-44.8%
Capex Intensity
SI
SI
UK
UK
Q3 25
23.9%
Q2 25
21.0%
Q2 24
1.3%
Q2 23
2.8%
Q2 22
8.7%

Financial Flow Comparison

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

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