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Filing Flows › Shoulder Innovations (SI) › Q3 2026 › vs Q2 2026

Shoulder Innovations (SI) Q3 2026 vs Q2 2026 (quarter over quarter)

Shoulder Innovations's revenue fell $984K (-6%) from $17.2M in Q2 2026 to $16.2M in Q3 2026.

Shoulder Innovations, Q3 2026: revenue $16.2M (+38% year over year), operating margin -46.9%, net loss $7.0M, operating cash flow −$6.4M. The chart draws each line against Q2 2026, the increases inside each band.

Shoulder Innovations: what changed, Q3 2026 vs Q2 2026Shoulder Innovations: what changed, Q3 2026 vs Q2 2026Costs & expenses−$3.5MOperating costs−$3.4MNet loss−$3.1MNet loss absorbed−$3.1MSG&A−$2.9MWorking capital & other$2.1MOperating cash sources−$1.1MCash used in operations−$1.0MOther income, net$666KCost of revenue−$248K

Every line

LineQ3 2026Q2 2026Change%
Revenue$16.2M$17.2M−$984K-6%
Other income, net$549K−$117K$666K—
Net loss$7.0M$10.2M−$3.1M-31%
Costs & expenses$23.8M$27.3M−$3.5M-13%
Operating costs$23.8M$27.2M−$3.4M-13%
Cost of revenue$3.5M$3.7M−$248K-7%
Research & development$3.2M$3.4M−$226K-7%
SG&A$17.1M$20.1M−$2.9M-15%
Operating cash sources$8.5M$9.6M−$1.1M-11%
Depreciation$1.1M$1.1M$9K+0.8%
Share-based compensation$1.0M$1.1M−$63K-6%
Cash used in operations$6.4M$7.4M−$1.0M-14%
Net loss absorbed$7.0M$10.2M−$3.1M-31%
Working capital & other$1.5M−$572K$2.1M—

Questions

How much did Shoulder Innovations's revenue grow quarter over quarter in Q3 2026?

Shoulder Innovations's revenue fell $984K (-6%) from $17.2M in Q2 2026 to $16.2M in Q3 2026.

Q3 2026 results → · Compare in the interactive Sankey →