Shoulder Innovations, Inc. (SI)

NYSE: SI · USD

$19.5

+0.16 (+0.8%)· Recorded snapshot

Market cap	406M
Revenue (ttm)	60.1M
Net income (ttm)	-35M
EPS (ttm)	-$1.85
Shares out	20.8M
Volume	33,410

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 60.1M
Net income (ttm): -35M
EPS (ttm): -$1.85
Market cap: 406M

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
EXAS	Exact Sciences Corp	—	—	—	—	—	—	ถือ

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/En/a

P25 13.4P50 20.2P75 35.7

Trailing P/En/a

P25 15.4P50 25.8P75 43.5

ROE-40.1

P25 -113.8P50 -46.5P75 -0.9

ROIC-21.5

P25 -68.5P50 -27.1P75 1.8

Benchmarks · 1M

All SI indicators

Market & fundamental data

Available fields

190

Groups with data

Currency

USD

Showing 190 of 190 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001699350
Company name	Shoulder Innovations, Inc.
Country	United States
Country code	US
CUSIP number	82537J108
Earnings date	2026-11-05
Earnings time	amc
Employees	75
Employees change	19
Employees growth	33.93%
Enterprise value	$321.9M
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	2009
In index	RUSSELL2000
Industry	Medical Devices
IPO date	2025-07-31
Is primary listing	Yes
Is SPAC	No
ISIN number	US82537J1088
Last 10-K release date	2026-03-10
Last earnings date	2026-08-06
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$406M
Market cap category	Small-Cap
Next earnings date	2026-11-05
Options	No
Price	$19.50
Price currency	USD
Sector	Healthcare
SIC code	3841
Stock price date	2026-10-28
Symbol	SI
U.S. state	Michigan
Website	https://www.shoulderinnovations.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings yield	-9.47%
EV/Sales	5.3x
FCF / EV yield	-14.78%
FCF yield	-11.69%
Forward EV/Sales	4.11x
Forward P/S	5.2x
Industry forward P/E	19.81x
Industry P/E	39.28x
P/B ratio	3.24x
P/S ratio	6.7x
Price / tangible book value	3.24x
Sector forward P/E	23.53x
Sector P/E	51.01x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	-58.53%
EBITDA margin	-52.14%
Gross margin	77.34%
Operating margin	-58.53%
Pretax margin	-58.33%
Profit margin	-58.33%
Profit per employee	$-467,107
Revenue per employee	$800,733
ROA	-19.12%
ROCE	-25.26%
ROE	-40.08%
ROIC	-21.47%
SBC / revenue	4.14%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth quarters	4
EPS growth years	1
Gross profit growth	62.09%
Gross profit growth (Q)	60.15%
Net income growth quarters	1
Net income growth years	0
Revenue growth	60.9%
Revenue growth (Q)	55.95%
Revenue growth (QoQ)	2.8%
Revenue growth quarters	6
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-10M
Depreciation and amortization	$3.8M
EBIT	$-35.2M
EBITDA	$-31.3M
EPS	$-1.85
FCF per share	$-2.26
Financing cash flow	$106.9M
Free cash flow	$-47.1M
Free cash flow minus SBC	$-49.6M
Gross profit	$46.4M
Investing cash flow	$-72.4M
Net borrowing	$39.9M
Net cash flow	$-2.6M
Net income	$-35M
Operating cash flow minus SBC	$-39.6M
Operating income	$-35.2M
Revenue	$60.1M
Stock-based compensation	$2.5M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	5.88
Book value per share	$5.97
Debt / equity	0.12
Long-term assets	$14.6M
Long-term liabilities	$14.8M
Net cash (debt)	$84.1M
Net cash / market cap	20.89%
Net cash growth	240.73%
Net debt / equity	-0.68
Piotroski F-Score	2
Property, plant and equipment	$14.6M
Shareholders' equity	$124.3M
Tangible book value	$124.3M
Tangible book value per share	$5.97
Total assets	$152M
Total cash	$99M
Total debt	$14.9M
Total liabilities	$27.7M

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.52
Current assets	$137.4M
Current liabilities	$12.8M
Current ratio	10.71
Inventory turnover	0.68
Net working capital	$25.6M
Quick ratio	8.56
Working capital	$124.6M
Working capital turnover	0.66

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-21,643.28%
Dividend yield	0%
Shareholder yield	-21,643.28%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	$18.00
1D price change	0.83%
1M price change	14.72%
1M total return	14.72%
1W price change	4.11%
1W total return	4.11%
1Y price change	58.33%
1Y return CAGR	58.38%
1Y total return	58.33%
20-day SMA	$18.79
200-day SMA	$16.95
3M price change	-7.01%
3M total return	-7.01%
50-day SMA	$19.30
50-day SMA vs 200-day SMA	50over200
52-week high	$24.60
52-week high date	2026-07-29
52-week low	$10.92
52-week low date	2025-11-11
6M price change	44.05%
6M total return	44.05%
All-time high	$24.60
All-time high date	2026-07-29
All-time low	$10.92
All-time low date	2025-11-11
Average true range (ATR)	$0.99
Average volume	96.7K
Beta (1Y)	-0.42
Beta (2Y)	-0.53
Change from 52-week high	-20.72%
Change from 52-week low	78.57%
Change from all-time high	-20.76%
Change from all-time low	78.48%
Change from open	0%
Day's gap	0.83%
Dollar volume	$651,495
High price	$19.50
Low price	$19.50
Monthly RSI	54.09
Open price	$19.50
Premarket change	2.28%
Premarket close	$19.34
Premarket price	$19.78
Previous close	$19.34
Price vs 150-day SMA	8.31%
Price vs 20-day SMA	3.73%
Price vs 200-day SMA	15.02%
Price vs 50-day SMA	0.98%
Relative volume	0.35
Return from IPO open	23.97%
Return from IPO price	28.93%
RSI	56.79
Sharpe ratio	0.94
Sortino ratio	1.94
Volume	33.4K
Weekly RSI	54.02
YTD price change	36.29%
YTD total return	36.29%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	10.8M
Float percentage	51.71%
Shares change (QoQ)	0.4%
Shares change (YoY)	21,643.28%
Shares held by insiders	6.04%
Shares held by institutions	40.73%
Shares outstanding	20.8M

Deeper analysis on SI

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Scorecard

Frequently asked questions

About this SI report

Is a complete SI research report available?

No complete published report is available for Shoulder Innovations, Inc. (SI) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Shoulder Innovations, Inc. (SI)

Price

Financial snapshot

Fair-value bridge

Latest news · SI

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SI indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on SI

Frequently asked questions