Filing Flows

Filing Flows › Shoulder Innovations (SI) › Q3 2026 › vs Q3 2025

Shoulder Innovations (SI) Q3 2026 vs Q3 2025 (year over year)

Shoulder Innovations's revenue rose $4.4M (+38%) from $11.8M in Q3 2025 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 Q3 2025, the increases inside each band.

Shoulder Innovations: what changed, Q3 2026 vs Q3 2025Shoulder Innovations: what changed, Q3 2026 vs Q3 2025Operating costs$4.4MCosts & expenses$3.3MCash used in operations−$2.2MSG&A$2.1MNet loss−$1.7MNet loss absorbed−$1.7MResearch & development$1.6MOther income, net$1.6MOperating cash sources−$1.1MShare-based compensation$720K

Every line

LineQ3 2026Q3 2025Change%
Revenue$16.2M$11.8M$4.4M+38%
Other income, net$549K−$1.1M$1.6M—
Net loss$7.0M$8.7M−$1.7M-19%
Costs & expenses$23.8M$20.5M$3.3M+16%
Operating costs$23.8M$19.4M$4.4M+23%
Cost of revenue$3.5M$2.8M$691K+25%
Research & development$3.2M$1.5M$1.6M+108%
SG&A$17.1M$15.1M$2.1M+14%
Operating cash sources$8.5M$9.6M−$1.1M-11%
Depreciation$1.1M$768K$349K+45%
Share-based compensation$1.0M$298K$720K+242%
Cash used in operations$6.4M$8.6M−$2.2M-25%
Net loss absorbed$7.0M$8.7M−$1.7M-19%
Working capital & other$1.5M$892K$587K+66%

Questions

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

Shoulder Innovations's revenue rose $4.4M (+38%) from $11.8M in Q3 2025 to $16.2M in Q3 2026.

Q3 2026 results → · Compare in the interactive Sankey →