Shoulder Innovations (SI) Free Cash Flow (2024 - 2026)

Shoulder Innovations (SI) has reported Free Cash Flow for 3 consecutive years, with -$9.5 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Free Cash Flow fell 52.42% year-over-year to -$9.5 million; the trailing twelve-month figure through Jun 2026 stood at -$47.1 million (down 98.83% YoY), and the FY2025 full-year result was -$36.0 million, down 98.37% from the prior year.
• Free Cash Flow rose to -$9.5 million in Q2 2026 per SI's latest filing, from -$15.1 million in the prior quarter.
• Across five years, Free Cash Flow topped out at -$4.3 million in Q4 2024 and bottomed at -$15.1 million in Q1 2026.
• Historically, Free Cash Flow has averaged -$8.8 million across 3 years, with a median of -$8.4 million in 2025.
• The sharpest annual moves came in 2025 and 2026: Free Cash Flow tumbled 156.43% in 2025, then slumped 52.42% in 2026.
• Over 3 years, Free Cash Flow stood at -$4.3 million in 2024, then plunged by 156.43% to -$11.1 million in 2025, then advanced by 13.7% to -$9.5 million in 2026.
• According to Business Quant data, Free Cash Flow over the past three periods registered -$9.5 million, -$15.1 million, and -$11.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.