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Shoulder Innovations vs Apyx Medical: SI and APYX compared
Shoulder Innovations is the larger company: $16.2M of revenue in its latest quarter (Q3 2026) against $14.0M for Apyx Medical (Q3 2026). Shoulder Innovations is growing faster (+38% against +9% a year earlier). Apyx Medical is more profitable, with an operating margin of -4.1% against -46.9%.
Where the money goes: SI and APYX
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.
Apyx Medical (APYX) · Q3 2026
Apyx Medical, Q3 2026: revenue $14.0M (+9% year over year), operating margin -4.1%, net loss $1.8M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Shoulder Innovations (SI) | Apyx Medical (APYX) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $16.2M | $14.0M |
| Revenue growth, Y/Y | +38% | +9% |
| Operating margin | -46.9% | -4.1% |
| Net earnings | −$7.0M | −$1.8M |
| Net margin | -43.5% | -12.9% |
| Operating cash flow | −$6.4M | −$1.6M |
Questions
Which is bigger, Shoulder Innovations or Apyx Medical?
Shoulder Innovations is the larger company: $16.2M of revenue in its latest quarter (Q3 2026) against $14.0M for Apyx Medical (Q3 2026).
Is Shoulder Innovations or Apyx Medical growing faster?
Shoulder Innovations is growing faster (+38% against +9% a year earlier).
Which is more profitable, Shoulder Innovations or Apyx Medical?
Apyx Medical is more profitable, with an operating margin of -4.1% against -46.9%.
More: Shoulder Innovations earnings · how Shoulder Innovations makes money · Apyx Medical earnings · how Apyx Medical makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.