Growth Metrics

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

Shoulder Innovations posted quarterly Operating Expenses of $22.0 million for Q1 2026, up 81.73% year-on-year 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) has 3 years of Operating Expenses data on file, last reported at $22.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 81.73% year-over-year to $22.0 million; the trailing twelve-month figure through Mar 2026 stood at $72.4 million (up 71.08% YoY), and the FY2025 full-year result was $62.5 million, up 60.28% from the prior year.
  • Operating Expenses for Q1 2026 stood at $22.0 million, 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.
  • The 3-year median for Operating Expenses is $13.2 million (2025), against an average of $14.3 million.
  • Peak annual rise in Operating Expenses reached 89.8% in 2025, while the deepest fall reached 37.94% in 2025.
  • A 3-year view of Operating Expenses shows it stood at $10.3 million in 2024, then jumped by 89.8% to $19.6 million in 2025, then grew 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.

Historic Data

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DateValue
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