Shoulder Innovations (SI) Gross Margin (2024 - 2026)

Shoulder Innovations has reported Gross Margin for 3 years, with the latest figure at 77.72% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 83.0% year-over-year to 77.72%; the trailing twelve-month figure through Mar 2026 stood at 76.81% (down 17.0% YoY), and the FY2025 full-year result was 76.51%, down 46.0% from the prior year.
• Gross Margin for Q1 2026 stood at 77.72%, up from 76.7% in the prior quarter.
• The five-year high for Gross Margin was 77.72% in Q1 2026, with the low at 76.21% in Q2 2025.
• Historically, Gross Margin has averaged 76.84% across 3 years, with a median of 76.8% in 2025.
• Annual changes were most pronounced in 2025 — Gross Margin slumped 87 bps — and 2026, when it surged 83 bps.
• Shoulder Innovations' Gross Margin stood at 77.57% in 2024, then declined by 1 bps to 76.7% in 2025, then increased by 1 bps to 77.72% in 2026.
• The last three Gross Margin figures came in at 77.72% (Q1 2026), 76.7% (Q4 2025), and 76.22% (Q3 2025), per Business Quant data.