Filing Flows › Si-Bone (SIBN) › Q1 2026
Si-Bone (SIBN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Si-Bone (SIBN) reported revenue of $52.6M for the first quarter 2026 (Q1 2026), +11% from a year earlier and -7% from the quarter before. Operating margin was -9.7%, net loss $4.3M (8.2% of revenue).
Si-Bone, Q1 2026: revenue $52.6M (+11% year over year), operating margin -9.7%, net loss $4.3M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $52.6M | -7% | +11% |
| Operating profit | −$5.1M | — | — |
| Net earnings | −$4.3M | — | — |
| Operating cash flow | −$2.4M | -237% | — |
What changed
Revenue was $52.6M in Q1 2026, up 11% year over year and down 7% from the previous quarter.
Gross margin was 79.8%, unchanged from Q1 2025. Operating costs exceeded revenue by $5.1M, an operating margin of -9.7%. Operating expenses grew 4% against revenue growth of 11%. The quarter ended with a net loss of $4.3M, wider than the previous quarter's $1.6M loss.
Operating cash flow was −$2.4M. Non-cash charges added back $1.6M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $5.7M. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$3.4M.
Questions
What was Si-Bone's revenue in the first quarter 2026?
Si-Bone (SIBN) reported revenue of $52.6M for the first quarter 2026 (Q1 2026), +11% from a year earlier and -7% from the quarter before.
Was Si-Bone profitable in the first quarter 2026?
Operating loss was $5.1M (-9.7% of revenue) and net loss $4.3M.
Source: Si-Bone 10-Q on SEC EDGAR.