Shoulder Innovations (SI) Research & Development (2024 - 2026)
Shoulder Innovations' Research & Development came in at $3.39 million for Q2 2026, up 141.2% from $1.41 million a year earlier but down 9.7% from the prior quarter.
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Analysis
Shoulder Innovations (SI) Research & Development (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Shoulder Innovations reported Research & Development of $11.89 million, up 126.6% year-over-year; for FY2025, it was $7.73 million, up 72.2% from FY2024.
- Going back by year, Research & Development was $4.49 million in FY2024.
- The five-year range for quarterly Research & Development is $1.09 million (Q3 2024) to $3.75 million (Q1 2026).
- Year-over-year, Research & Development has increased for five consecutive quarters, with growth averaging 103.0% over the last five quarters.
- Business Quant data shows SI's Research & Development at $3.75 million (Q1 2026), $3.22 million (Q4 2025) and $1.53 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 278.90 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 258.00 Mn |
| 10 | Shoulder Innovations | 392.92 Mn | -76.20 Mn | 13.44 Mn | 3.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.39 Mn |
| Mar 31, 2026 | 3.75 Mn |
| Dec 31, 2025 | 3.22 Mn |
| Sep 30, 2025 | 1.53 Mn |
| Jun 30, 2025 | 1.41 Mn |
| Mar 31, 2025 | 1.58 Mn |
| Dec 31, 2024 | 1.17 Mn |
| Sep 30, 2024 | 1.09 Mn |
| Jun 30, 2024 | 1.16 Mn |
API Access
Shoulder Innovations Research & Development 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=research-and-development&ticker=SI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=SI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();