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$20.32
+54.64% 1Y
Mkt Cap$421.40M
P/E-4.37
P/B3.20
52W High$24.25
52W Low$11.01
Book Value$6.42
EPS (TTM)$-4.65

Company Overview

Shoulder Innovations, Inc. (SI) is a publicly traded company listed on NYSE with a market capitalization of $421.40M. The valuation, growth and price-trend signals below summarize what matters most to investors and traders evaluating the stock.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 56.7% CAGR over the past five years.

Recent Developments

  • Dec 2025 Revenue of $47.32M (+49.6% YoY); net profit $-40.36M.
  • Trailing 12 Months Year-on-year growth — revenue +49.6%.
  • 5-Year Trend Long-term compounding — revenue CAGR 56.7%.

Growth & Price Performance

Compounded Sales Growth

5 Years:56.68%
1 Year:49.63%

Stock Price Performance

1 Year:+54.64%
6 Months:+56.19%
3 Months:+42.30%
1 Month:-9.41%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 70% of range
$11.01 $24.25
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMAAbove
  • RSI (14)44.04 · Neutral
Price Performance
1M-9.41%
3M+42.30%
6M+56.19%
1Y+54.64%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 56.7% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-4.37
Industry PE
-
Forward P/E
-
PEG Ratio
-
Book Value
$6.42
Price to Book
3.20
P/S
9.02
EV/EBITDA
-
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
56.68%
Profit 5Y
-
Revenue (YoY)
49.63%
Earnings (YoY)
-

Profitability & Returns

ROCE
-16.89%
ROE
-28.67%
ROA
-23.75%
Profit Margin
-85.29%
Op Margin
-55.58%
Gross Margin
76.51%
EPS (Latest Qtr)
$-0.49
EPS (TTM)
$-4.65

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
-
Current Ratio
-
Debt
-
Total Assets
$152.01M
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
-
Chg in Prom Hold
-
FII / Inst Holding
-
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$421.40M
Total Revenue (TTM)
$47.32M
EBITDA
$-37.08M
Free Cash Flow
$-36.02M
Operating Cash Flow
$-28.61M
Shares Outstanding
20.74M
Gross Margin
76.51%
Payout Ratio
-
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue -8.26M7.45M-10.13M11.01M11.76M14.42M16.71M17.18M
Cost of Revenue ----2.34M2.62M2.79M3.36M3.72M-
Gross Profit -6.35M5.70M-7.79M8.39M8.96M11.06M12.99M13.44M
Operating Expenses ----12.09M14.26M16.60M19.56M21.96M-
Operating Income --3.98M-3.88M--4.29M-5.86M-7.64M-8.50M-8.98M-10.04M
EBITDA -----3.63M-18.26M-7.81M-7.38M-7.84M-
Interest Expense ---391.00K367.00K216.00K78.00K-591.00K--
Pretax Income -----4.66M-19.20M-8.73M-7.77M-8.38M-
Tax Provision ----00000-
Net Income -3.60M-4.17M-4.05M--4.66M-19.20M-8.73M-7.77M-8.38M-10.15M
Diluted EPS --72.74-68.31--0.23-0.95-0.64-0.38-0.41-0.49
R&D Expense -1.16M1.09M-1.58M1.41M1.52M-3.75M3.39M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2023Dec 2024Dec 2025
Revenue 19.27M31.62M47.32M
Cost of Revenue 4.00M7.28M11.12M
Gross Profit 15.27M24.34M36.20M
Operating Expenses 26.13M38.99M62.50M
Operating Income -10.86M-14.65M-26.30M
EBITDA -10.25M-12.11M-37.08M
Interest Expense 761.00K1.32M70.00K
Pretax Income -12.65M-15.62M-40.36M
Tax Provision 000
Net Income -12.65M-15.62M-40.36M
Diluted EPS -0.63-0.77-4.65
R&D Expense -4.49M7.73M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2023Dec 2024Dec 2025
Total Assets -43.08M169.91M
Total Equity -39.74M-54.70M140.75M
Cash & Equivalents -6.12M26.87M
Long Term Debt -14.66M14.91M
Total Liabilities -23.30M29.16M
Current Liabilities -7.65M14.20M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2023Dec 2024Dec 2025
Operating Cash Flow -13.14M-14.14M-28.61M
Investing Cash Flow -28.97M13.96M-95.60M
Financing Cash Flow 44.73M66.00K144.96M
Capital Expenditure -2.75M-4.01M-7.41M
Free Cash Flow -15.89M-18.16M-36.02M
Net Change in Cash 2.61M-113.00K20.75M

Ratios (Annual)

Figures in %.

Metric Dec 2023Dec 2024Dec 2025
Gross Margin % 79.2%77.0%76.5%
Operating Margin % -56.4%-46.3%-55.6%
Net Margin % -65.7%-49.4%-85.3%
ROE % 31.8%28.6%-28.7%
ROCE % --41.4%-16.9%

Shareholding Pattern

Insiders
-
Institutions
-
Public Float
-

Top Institutional Holders

#Holder% HeldSharesValue
1 FMR, LLC 17.65% 3.67M $77.74M
2 Blackrock Inc. 3.07% 638.42K $13.51M
3 Sectoral Asset Management, Inc. 2.07% 430.41K $9.11M
4 Vanguard Capital Management LLC 1.88% 392.18K $8.30M
5 KCM Capital Inc 1.44% 300.00K $6.35M
6 Times Square Capital Management, LLC 1.43% 298.22K $6.31M
7 Roubaix Capital, LLC 1.23% 255.29K $5.40M
8 Driehaus Capital Management, LLC 1.22% 253.76K $5.37M
9 Parkman Healthcare Partners LLC 1.09% 226.21K $4.79M
10 Geode Capital Management, LLC 0.96% 199.53K $4.22M

Analyst View

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Latest News

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SI — Frequently Asked Questions

What is the current share price of Shoulder Innovations, Inc. (SI)?

As of 2026-09-07 16:24 PDT, Shoulder Innovations, Inc. (SI) trades at $20.32 on NYSE. Its 52-week range is $11.01 to $24.25.

What is the market capitalisation of SI?

Shoulder Innovations, Inc. (SI) has a market capitalisation of $421.40M on NYSE.

What is the P/E ratio of SI?

SI trades at a trailing price-to-earnings (P/E) ratio of -4.37. Its price-to-book (P/B) ratio is 3.20.

What is the return on equity (ROE) of SI?

SI has a return on equity (ROE) of -28.67%. Its return on capital employed (ROCE) is -16.89%.

Is SI a good stock to buy?

This page provides a data-driven analysis of Shoulder Innovations, Inc. (SI), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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