Shoulder Innovations (SI) Operating Margin (2024 - 2026)
Shoulder Innovations (SI) recorded Operating Margin of -58.43% in Q2 2026, down 5.21 percentage points from -53.23% a year earlier and down 4.71 percentage points from the prior quarter.
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Shoulder Innovations (SI) Operating Margin (2024 - 2026) Analysis & Trends
On a TTM basis, Shoulder Innovations' Operating Margin came in at -58.53% as of Jun 30, 2026, down 11.45 percentage points year-over-year; for FY2025, it came in at -55.58%, down 9.24 percentage points from FY2024.
- Across earlier years, Operating Margin came in at -46.34% in FY2024.
- Quarterly Operating Margin has ranged from -65.00% in Q3 2025 to -40.53% in Q4 2024 over the past five years.
- On a year-over-year basis, Operating Margin has declined for five consecutive quarters, with an average year-over-year change of -10.59 percentage points over the last five quarters.
- Per Business Quant, the preceding three quarters came in at -53.72% (Q1 2026), -58.96% (Q4 2025) and -65.00% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 253.84 Bn | 232.87 Bn | 4.88 Bn | 17.40% |
| 2 | Abbott Laboratories | 177.90 Bn | 148.33 Bn | 7.27 Bn | 13.44% |
| 3 | Danaher | 163.51 Bn | 147.32 Bn | 3.61 Bn | 17.99% |
| 4 | Intuitive Surgical | 155.70 Bn | 135.12 Bn | 1.96 Bn | 33.60% |
| 5 | Medtronic | 122.67 Bn | 87.92 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 118.12 Bn | 104.23 Bn | 4.50 Bn | 25.18% |
| 7 | Boston Scientific | 67.11 Bn | 61.88 Bn | 3.85 Bn | 21.65% |
| 8 | Becton Dickinson | 54.66 Bn | 51.81 Bn | 2.32 Bn | 13.31% |
| 9 | Edwards Lifesciences | 51.62 Bn | 35.63 Bn | 1.35 Bn | 29.48% |
| 10 | Shoulder Innovations | 403.72 Mn | -65.40 Mn | 13.44 Mn | -58.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -58.43% |
| Mar 31, 2026 | -53.72% |
| Dec 31, 2025 | -58.96% |
| Sep 30, 2025 | -65.00% |
| Jun 30, 2025 | -53.23% |
| Mar 31, 2025 | -42.38% |
| Dec 31, 2024 | -40.53% |
| Sep 30, 2024 | -52.07% |
| Jun 30, 2024 | -48.18% |
API Access
Shoulder Innovations Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=SI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();