Exchange: NYSE·Updated 07:30 PM EST

SI Earnings

Latest Earnings Results: Q3 '26

Reported: Nov 05

Estimated EPS

-$0.49

Reported EPS

-$0.34

Surprise

+30.72%

Estimated Rev

$15.44M

Reported Rev

$16.19M

Surprise

+4.9%

• Reported GAAP EPS of -$0.34 up 46.88% YoY • Reported revenue of $16.19M up 37.67% YoY • Shoulder Innovations raised full year 2026 net revenue guidance to $68M to $70M, representing growth of approximately 44% to 48% over full year 2025 net revenue.

Bullish Takeaway

Shoulder Innovations grew revenue and implant-system sales with new surgeons and higher existing-customer utilization, reported gross margin of 78.5% versus 76.2%, advanced InSet Go and N-22, and partnered with ALM Ortho.

Bearish Takeaway

Shoulder Innovations reported an unchanged $7.6M operating loss, increased commercial and product-development expenses, and cited dependence on hospital, surgery-center, surgeon and patient adoption among risks to actual results.

Generated by Stocktwits using AI and company-reported earnings data for Q3 '26. This recap is intended to help readers understand the quarter quickly. Verify key figures in the linked source materials; the summary may contain errors and is not investment advice.

10-Q

Historical Earnings

Quarterly

Annual

EPS

Revenue

Fiscal PeriodEstimatedReportedSurpriseResult
Q4 '26
-$0.45
--
--
N/A
Q3 '26
-$0.49
-$0.34
30.72%
BEAT
Q2 '26
-$0.46
-$0.49
-6.87%
MISSED
Q1 '26
-$0.41
-$0.41
-0.10%
MISSED
Q4 '25
-$0.39
-$0.38
1.40%
BEAT

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