Shoulder Innovations (SI) Operating Expenses (2024 - 2026)

Shoulder Innovations' Operating Expenses history runs 3 years deep, the most recent figure standing at $22.0 million for Q1 2026.

• Quarterly Operating Expenses rose 81.73% year-over-year to $22.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $72.4 million (up 71.08% YoY) and the FY2025 annual result came in at $62.5 million, up 60.28% from the prior year.
• Operating Expenses was $22.0 million for Q1 2026 at Shoulder Innovations, up from $19.6 million in the prior quarter.
• Across five years, Operating Expenses topped out at $22.0 million in Q1 2026 and bottomed at $9.6 million in Q3 2024.
• A 3-year average of $14.3 million and a median of $13.2 million in 2025 frame the typical range for Operating Expenses.
• Peak annual rise in Operating Expenses reached 89.8% in 2025, while the deepest fall reached 37.94% in 2025.
• Shoulder Innovations' Operating Expenses stood at $10.3 million in 2024, then surged by 89.8% to $19.6 million in 2025, then increased by 12.3% to $22.0 million in 2026.
• Business Quant data shows SI's Operating Expenses at $22.0 million in Q1 2026, $19.6 million in Q4 2025, and $16.6 million in Q3 2025.