Shoulder Innovations (SI) Cost of Revenue (2024 - 2026)

Shoulder Innovations has reported Cost of Revenue for 3 years, with the latest figure at $3.7 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 58.99% year-over-year to $3.7 million; the trailing twelve-month figure through Mar 2026 stood at $12.5 million (up 57.04% YoY), and the FY2025 full-year result was $11.1 million, up 52.64% from the prior year.
• Cost of Revenue for Q1 2026 stood at $3.7 million, up from $3.4 million in the prior quarter.
• The five-year high for Cost of Revenue was $3.7 million in Q1 2026, with the low at $1.8 million in Q3 2024.
• Historically, Cost of Revenue has averaged $2.6 million across 3 years, with a median of $2.5 million in 2025.
• The largest YoY upside for Cost of Revenue was 71.64% in 2025 against a maximum downside of 37.46% in 2025.
• Shoulder Innovations' Cost of Revenue stood at $2.0 million in 2024, then soared by 71.64% to $3.4 million in 2025, then increased by 10.81% to $3.7 million in 2026.
• The last three Cost of Revenue figures came in at $3.7 million (Q1 2026), $3.4 million (Q4 2025), and $2.8 million (Q3 2025), per Business Quant data.