Shoulder Innovations (SI) Research & Development (2024 - 2026)
Shoulder Innovations' (SI) quarterly Research & Development came in at $3.4 million in Q2 2026, up 141.18% on a YoY basis from $1.4 million in Q2 2025, and down 9.67% quarter-over-quarter from $3.8 million in Q1 2026.
Analysis
Shoulder Innovations (SI) Research & Development (2024 - 2026) Analysis & Trends
Shoulder Innovations (SI) has reported Research & Development for 3 consecutive years, with $3.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 141.18% year-over-year to $3.4 million; the trailing twelve-month figure through Jun 2026 stood at $11.9 million (up 126.59% YoY), and the FY2025 full-year result was $7.7 million, up 72.22% from the prior year.
- Research & Development retreated to $3.4 million in Q2 2026 per SI's latest filing, from $3.8 million in the prior quarter.
- Across five years, Research & Development topped out at $3.8 million in Q1 2026 and bottomed at $1.1 million in Q3 2024.
- Historically, Research & Development has averaged $2.0 million across 3 years, with a median of $1.5 million in 2025.
- The widest YoY moves for Research & Development: up 175.66% in 2025, down 21.0% in 2025.
- Over 3 years, Research & Development stood at $1.2 million in 2024, then jumped by 175.66% to $3.2 million in 2025, then climbed by 5.41% to $3.4 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $3.4 million, $3.8 million, and $3.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 184.92 Bn | 179.32 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 124.64 Bn | 119.43 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 118.74 Bn | 109.92 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 104.84 Bn | 101.36 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 67.36 Bn | 66.82 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 49.92 Bn | 45.66 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 33.93 Bn | 32.48 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 32.38 Bn | 30.43 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Steris | 21.16 Bn | 20.68 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Shoulder Innovations | 415.34 Mn | 316.34 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 |