Filing Flows › Comparisons › LNSR vs SI
Lensar vs Shoulder Innovations: LNSR and SI compared
Lensar is the larger company: $16.5M of revenue in its latest quarter (Q2 2026) against $16.2M for Shoulder Innovations (Q3 2026). Shoulder Innovations is growing faster (+38% against +18% a year earlier). Lensar is more profitable, with an operating margin of 12.9% against -46.9%.
Where the money goes: LNSR and SI
Lensar (LNSR) · Q2 2026
Lensar, Q2 2026: revenue $16.5M (+18% year over year), operating margin 12.9%, net earnings $3.5M, operating cash flow −$127K. The chart follows the revenue to costs, profit and cash.
Shoulder Innovations (SI) · 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 follows the revenue to costs, profit and cash.
| Lensar (LNSR) | Shoulder Innovations (SI) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $16.5M | $16.2M |
| Revenue growth, Y/Y | +18% | +38% |
| Operating margin | 12.9% | -46.9% |
| Net earnings | $3.5M | −$7.0M |
| Net margin | 21.4% | -43.5% |
| Operating cash flow | −$127K | −$6.4M |
Where the revenue comes from
Lensar
- Product: $13.0M (79%)
- Other revenues: $1.8M (11%)
- Service: $1.7M (10%)
Questions
Which is bigger, Lensar or Shoulder Innovations?
Lensar is the larger company: $16.5M of revenue in its latest quarter (Q2 2026) against $16.2M for Shoulder Innovations (Q3 2026).
Is Lensar or Shoulder Innovations growing faster?
Shoulder Innovations is growing faster (+38% against +18% a year earlier).
Which is more profitable, Lensar or Shoulder Innovations?
Lensar is more profitable, with an operating margin of 12.9% against -46.9%.
More: Lensar earnings · how Lensar makes money · Shoulder Innovations earnings · how Shoulder Innovations makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 13, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.