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Shoulder Innovations (SI) R&D spending by quarter

Shoulder Innovations' R&D spending was $3.2M in Q3 2026 (third quarter 2026), -7% from Q2 2026. Over the last 6 quarters it ranged from $1.4M (Q2 2025) to $3.8M (Q1 2026).

Shoulder Innovations R&D spending by quarterShoulder Innovations R&D spending by quarter$1.4MQ2 2025$1.5MQ3 2025$3.2MQ4 2025$3.8MQ1 2026$3.4MQ2 2026$3.2MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$3.2M-7%+108%
Q2 2026$3.4M-10%+141%
Q1 2026$3.8M+17%—
Q4 2025$3.2M+111%—
Q3 2025$1.5M+8%—
Q2 2025$1.4M——

Q3 2026 at a glance

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 follows the revenue to costs, profit and cash.

Questions

What is Shoulder Innovations' R&D spending?

Shoulder Innovations' R&D spending was $3.2M in Q3 2026 (third quarter 2026), -7% from Q2 2026.

How has Shoulder Innovations' R&D spending changed?

Over the last 6 quarters it ranged from $1.4M (Q2 2025) to $3.8M (Q1 2026).

Q3 2026 results → · How Shoulder Innovations makes money →