Shoulder Innovations reported revenue of $17.18M and net income of -$10.19M for the quarter ended Jun 2026, up 56.0% year over year. This income statement covers 9 quarters of results from Jun 2024 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||
| Revenue | 8.26M | 7.45M | 8.72M | 10.13M | 11.01M | 11.76M | 14.42M | 16.71M | 17.18M |
| Cost of RevenueCost of Rev | 1.91M | 1.75M | 1.96M | 2.34M | 2.62M | 2.79M | 3.36M | 3.72M | 3.73M |
| Gross Profit | 6.35M | 5.70M | 6.77M | 7.79M | 8.39M | 8.96M | 11.06M | 12.99M | 13.44M |
| Operating items | |||||||||
| Research & DevelopmentR&D | 1.16M | 1.09M | 1.17M | 1.58M | 1.41M | 1.52M | 3.22M | 3.75M | 3.39M |
| Selling, General & AdministrativeSG&A | 9.17M | 8.49M | 9.14M | 10.50M | 12.85M | 15.08M | 16.34M | 18.21M | 20.09M |
| Operating ExpensesOpex | 10.33M | 9.58M | 10.30M | 12.09M | 14.26M | 16.60M | 19.56M | 21.96M | 23.48M |
| Operating IncomeOp. Inc | -3.98M | -3.88M | -3.54M | -4.29M | -5.86M | -7.64M | -8.50M | -8.98M | -10.04M |
| EBIT | -3.98M | -3.88M | -3.54M | -4.29M | -5.86M | -7.64M | -8.50M | -8.98M | -10.04M |
| Non-operating items | |||||||||
| Non Operating Interest Expenses | 0.29M | 0.32M | 0.39M | 0.37M | 0.22M | 0.08M | -0.59M | -0.44M | -0.67M |
| Other Non Operating IncomeOther Non Op Inc. | 0.10M | 0.14M | 0.14M | -0.00M | -1.40M | 1.21M | 0.14M | 0.16M | -0.59M |
| Non Operating IncomeNon Op. Inc. | -0.19M | -0.17M | -0.26M | -0.37M | -13.33M | -1.09M | 0.73M | 0.60M | -0.12M |
| Net income details | |||||||||
| EBT | -4.17M | -4.05M | -3.79M | -4.66M | -19.20M | -8.73M | -7.77M | -8.38M | -10.15M |
| Profit After TaxPAT | -4.17M | -4.05M | -3.95M | -4.66M | -19.20M | -8.77M | -7.69M | -8.38M | -10.19M |
| Income from Continuing OperationsIncome (Continuing) | -4.17M | -4.05M | -3.79M | -4.66M | -19.20M | -8.73M | -7.77M | -8.38M | -10.15M |
| Consolidated Net IncomeConsol Net Inc. | -4.17M | -4.05M | -3.79M | -4.66M | -19.20M | -8.73M | -7.77M | -8.38M | -10.15M |
| Income towards Parent CompanyParent Net Inc | -4.17M | -4.05M | -3.79M | -4.66M | -19.20M | -8.73M | -7.77M | -8.38M | -10.15M |
| Net Income towards Common StockholdersNet Income | -4.17M | -4.05M | -3.79M | -4.66M | -19.20M | -8.73M | -7.77M | -8.38M | -10.15M |
| Additional items | |||||||||
| EPS (Basic) | -72.74 | -68.30 | -58.76 | -52.13 | -165.53 | -0.64 | -0.90 | -0.41 | -0.49 |
| EPS (Diluted) | -72.74 | -68.30 | -58.76 | -52.13 | -165.53 | -0.64 | -0.90 | -0.41 | -0.49 |
| Shares Outstanding | 0.06M | 0.06M | 0.06M | 0.09M | 0.12M | 13.60M | 8.67M | 20.65M | 20.74M |
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 0.06M | 0.06M | 0.06M | 0.09M | 0.12M | 13.60M | 8.67M | 20.65M | 20.74M |
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 0.06M | 0.06M | 0.06M | 0.10M | 0.12M | 13.60M | 8.67M | 20.70M | 20.82M |
| EBITDA | -3.98M | -3.88M | -3.54M | -4.29M | -5.86M | -7.64M | -8.50M | -8.98M | -10.04M |
| Interest ExpensesInt Expense | 0.29M | 0.32M | 0.39M | 0.37M | 0.22M | 0.08M | -0.59M | -0.44M | -0.67M |