Shoulder Innovations (SI) EBITDA (2024 - 2026)
Shoulder Innovations' (SI) quarterly EBITDA came in at -$10.0 million in Q2 2026, down 71.2% on a YoY basis from -$34.9 million in Q2 2025, and down 11.81% quarter-over-quarter from -$9.0 million in Q1 2026.
Analysis
Shoulder Innovations (SI) EBITDA (2024 - 2026) Analysis & Trends
Shoulder Innovations (SI) has reported EBITDA for 3 consecutive years, with -$10.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA fell 71.2% year-over-year to -$10.0 million; the trailing twelve-month figure through Jun 2026 stood at -$35.2 million (down 100.04% YoY), and the FY2025 full-year result was -$26.3 million, down 79.46% from the prior year.
- EBITDA retreated to -$10.0 million in Q2 2026 per SI's latest filing, from -$9.0 million in the prior quarter.
- Across five years, EBITDA topped out at -$3.5 million in Q4 2024 and bottomed at -$10.0 million in Q2 2026.
- Historically, EBITDA has averaged -$6.3 million across 3 years, with a median of -$5.9 million in 2025.
- The widest YoY moves for EBITDA: up 47.29% in 2025, down 140.38% in 2025.
- Over 3 years, EBITDA stood at -$3.5 million in 2024, then plunged by 140.38% to -$8.5 million in 2025, then fell by 18.07% to -$10.0 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$10.0 million, -$9.0 million, and -$8.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 184.01 Bn | 178.41 Bn | 7.27 Bn | 1.69 Bn |
| 2 | Intuitive Surgical | 126.03 Bn | 120.82 Bn | 1.96 Bn | 971.90 Mn |
| 3 | Medtronic | 118.94 Bn | 110.12 Bn | 6.34 Bn | 1.76 Bn |
| 4 | Stryker | 105.48 Bn | 102.01 Bn | 4.50 Bn | 1.66 Bn |
| 5 | Boston Scientific | 67.55 Bn | 67.01 Bn | 3.85 Bn | 1.18 Bn |
| 6 | Edwards Lifesciences | 49.92 Bn | 45.67 Bn | 1.35 Bn | 513.20 Mn |
| 7 | Alcon | 34.13 Bn | 32.68 Bn | 1.68 Bn | 11.00 Mn |
| 8 | Dexcom | 31.90 Bn | 29.95 Bn | 830.00 Mn | 318.30 Mn |
| 9 | Steris | 21.14 Bn | 20.66 Bn | 684.20 Mn | 285.80 Mn |
| 10 | Shoulder Innovations | 414.20 Mn | 315.20 Mn | 13.44 Mn | -10.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.04 Mn |
| Mar 31, 2026 | -8.98 Mn |
| Dec 31, 2025 | -8.50 Mn |
| Sep 30, 2025 | -7.64 Mn |
| Jun 30, 2025 | -5.86 Mn |
| Mar 31, 2025 | -4.29 Mn |
| Dec 31, 2024 | -3.54 Mn |
| Sep 30, 2024 | -3.88 Mn |
| Jun 30, 2024 | -3.98 Mn |