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Side-by-side financial comparison of SHOULDER INNOVATIONS, INC. (SI) and USCB FINANCIAL HOLDINGS, INC. (USCB). Click either name above to swap in a different company.

USCB FINANCIAL HOLDINGS, INC. is the larger business by last-quarter revenue ($22.2M vs $11.8M, roughly 1.9× SHOULDER INNOVATIONS, INC.). USCB FINANCIAL HOLDINGS, INC. runs the higher net margin — 6.1% vs -74.3%, a 80.4% gap on every dollar of revenue. USCB FINANCIAL HOLDINGS, INC. produced more free cash flow last quarter ($42.5M 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.

USCB Financial Holdings, Inc. is a U.S.-headquartered bank holding company that offers comprehensive retail and commercial banking services, including deposit products, personal and business loans, wealth management, and digital banking tools. It primarily serves individual consumers, small and medium-sized enterprises, and local corporate clients across its operating regions in the United States, prioritizing personalized customer experiences and community-oriented financial services.

SI vs USCB — Head-to-Head

Bigger by revenue
USCB
USCB
1.9× larger
USCB
$22.2M
$11.8M
SI
Higher net margin
USCB
USCB
80.4% more per $
USCB
6.1%
-74.3%
SI
More free cash flow
USCB
USCB
$53.9M more FCF
USCB
$42.5M
$-11.4M
SI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SI
SI
USCB
USCB
Revenue
$11.8M
$22.2M
Net Profit
$-8.7M
$1.4M
Gross Margin
76.2%
Operating Margin
-65.0%
14.7%
Net Margin
-74.3%
6.1%
Revenue YoY
14.7%
Net Profit YoY
-80.3%
EPS (diluted)
$-0.64

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
USCB
USCB
Q4 25
$22.2M
Q3 25
$11.8M
$25.0M
Q2 25
$11.0M
$24.4M
Q1 25
$22.8M
Q4 24
$23.0M
Q3 24
$21.5M
Q2 24
$20.5M
Q1 24
$17.6M
Net Profit
SI
SI
USCB
USCB
Q4 25
$1.4M
Q3 25
$-8.7M
$8.9M
Q2 25
$-19.2M
$8.1M
Q1 25
$7.7M
Q4 24
$6.9M
Q3 24
$6.9M
Q2 24
$6.2M
Q1 24
$4.6M
Gross Margin
SI
SI
USCB
USCB
Q4 25
Q3 25
76.2%
Q2 25
76.2%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
SI
SI
USCB
USCB
Q4 25
14.7%
Q3 25
-65.0%
47.3%
Q2 25
-53.2%
44.0%
Q1 25
44.2%
Q4 24
39.6%
Q3 24
42.5%
Q2 24
39.8%
Q1 24
34.3%
Net Margin
SI
SI
USCB
USCB
Q4 25
6.1%
Q3 25
-74.3%
35.8%
Q2 25
-174.3%
33.4%
Q1 25
33.5%
Q4 24
30.0%
Q3 24
32.3%
Q2 24
30.3%
Q1 24
26.2%
EPS (diluted)
SI
SI
USCB
USCB
Q4 25
Q3 25
$-0.64
$0.45
Q2 25
$-165.53
Q1 25
Q4 24
Q3 24
$0.35
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
SI
SI
USCB
USCB
Cash + ST InvestmentsLiquidity on hand
$54.9M
$38.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$147.8M
$217.2M
Total Assets
$177.8M
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SI
SI
USCB
USCB
Q4 25
$38.5M
Q3 25
$54.9M
$56.8M
Q2 25
$27.1M
$54.8M
Q1 25
$98.0M
Q4 24
$77.0M
Q3 24
$38.5M
Q2 24
$77.3M
Q1 24
$126.5M
Stockholders' Equity
SI
SI
USCB
USCB
Q4 25
$217.2M
Q3 25
$147.8M
$209.1M
Q2 25
$-78.2M
$231.6M
Q1 25
$225.1M
Q4 24
$215.4M
Q3 24
$213.9M
Q2 24
$201.0M
Q1 24
$195.0M
Total Assets
SI
SI
USCB
USCB
Q4 25
$2.8B
Q3 25
$177.8M
$2.8B
Q2 25
$77.8M
$2.7B
Q1 25
$2.7B
Q4 24
$2.6B
Q3 24
$2.5B
Q2 24
$2.5B
Q1 24
$2.5B

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
USCB
USCB
Operating Cash FlowLast quarter
$-8.6M
$42.8M
Free Cash FlowOCF − Capex
$-11.4M
$42.5M
FCF MarginFCF / Revenue
-96.7%
191.4%
Capex IntensityCapex / Revenue
23.9%
1.4%
Cash ConversionOCF / Net Profit
31.40×
TTM Free Cash FlowTrailing 4 quarters
$95.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SI
SI
USCB
USCB
Q4 25
$42.8M
Q3 25
$-8.6M
$20.1M
Q2 25
$-11.3M
$18.0M
Q1 25
$14.6M
Q4 24
$34.8M
Q3 24
$11.3M
Q2 24
$18.3M
Q1 24
$8.1M
Free Cash Flow
SI
SI
USCB
USCB
Q4 25
$42.5M
Q3 25
$-11.4M
$20.0M
Q2 25
$-13.6M
$18.0M
Q1 25
$14.6M
Q4 24
$34.5M
Q3 24
$11.2M
Q2 24
$18.2M
Q1 24
$8.0M
FCF Margin
SI
SI
USCB
USCB
Q4 25
191.4%
Q3 25
-96.7%
80.3%
Q2 25
-123.4%
73.7%
Q1 25
63.9%
Q4 24
150.2%
Q3 24
52.2%
Q2 24
88.8%
Q1 24
45.4%
Capex Intensity
SI
SI
USCB
USCB
Q4 25
1.4%
Q3 25
23.9%
0.5%
Q2 25
21.0%
0.2%
Q1 25
0.2%
Q4 24
1.4%
Q3 24
0.4%
Q2 24
0.4%
Q1 24
0.5%
Cash Conversion
SI
SI
USCB
USCB
Q4 25
31.40×
Q3 25
2.25×
Q2 25
2.22×
Q1 25
1.91×
Q4 24
5.05×
Q3 24
1.63×
Q2 24
2.95×
Q1 24
1.75×

Financial Flow Comparison

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

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