Shoulder Innovations SI
NYSE SI
$21.21 +1.29 (+6.48%)
At close: Aug 18, 2026 · 3:59 PM UTC

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

Shoulder Innovations' (SI) quarterly Operating Expenses came in at $22.0 million in Q1 2026, up 81.73% YoY from $12.1 million in Q1 2025, and up 12.3% on a QoQ basis from $19.6 million in Q4 2025.

Shoulder Innovations (SI) Operating Expenses (2024 - 2026) Analysis & Trends

Shoulder Innovations (SI) has 3 years of Operating Expenses data on file, last reported at $22.0 million in 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 grew to $22.0 million in Q1 2026, from $19.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $22.0 million in Q1 2026 to a low of $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.
  • The widest YoY moves for Operating Expenses: up 89.8% in 2025, down 37.94% in 2025.
  • Tracing SI's Operating Expenses over 3 years: stood at $10.3 million in 2024, then soared by 89.8% to $19.6 million in 2025, then climbed by 12.3% to $22.0 million in 2026.
  • The last three Operating Expenses figures came in at $22.0 million (Q1 2026), $19.6 million (Q4 2025), and $16.6 million (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Jun 30, 2026 23.48 Mn
Mar 31, 2026 21.96 Mn
Dec 31, 2025 19.56 Mn
Sep 30, 2025 16.60 Mn
Jun 30, 2025 14.26 Mn
Mar 31, 2025 12.09 Mn
Dec 31, 2024 10.30 Mn
Sep 30, 2024 9.58 Mn
Jun 30, 2024 10.33 Mn