---
schema_version: "secwatch.filing_event.v1"
accession: "0001459839-24-000010"
form_type: "8-K"
ticker: "SIBN"
cik: "0001459839"
company_name: "SI-BONE, Inc."
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T15:00:56.421392+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SI-BONE reports record Q4 revenue $38.9M (+22% YoY); FY23 revenue $138.9M (+31%); issues FY24 guidance $162-165M

## Summary
- Q4 worldwide revenue $38.9M (+22% YoY); US revenue $36.7M (+22%); gross margin 74% (down from 84%) due to $1.7M excess inventory reserve.
- FY23 worldwide revenue $138.9M (+31% YoY); US revenue $130.6M (+32%); net loss improved 29% to $43.3M; adjusted EBITDA loss improved 48% to $17.3M.
- Over 1,600 US physicians performed >15,000 procedures in 2023; active physicians grew 22% to >1,130 in Q4.
- FY24 guidance: revenue $162-165M (17-19% growth); gross margin ~78%; OpEx growth ~9%; expects significant adjusted EBITDA improvement.
- Cash and equivalents ~$166M; net cash usage ~$0.8M in Q4.

## SEC filing metadata
- accession: 0001459839-24-000010
- form_type: 8-K
- ticker: SIBN
- cik: 0001459839
- company_name: SI-BONE, Inc.
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1459839/000145983924000010/0001459839-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1459839/000145983924000010/sibn-20240226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001459839-24-000010
- JSON: https://secwatch.observer/filing/0001459839-24-000010.json
- Plain text: https://secwatch.observer/filing/0001459839-24-000010.txt

## Key facts
- Earnings Releases
  SI-BONE, Inc. reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 26, 2024, SI-BONE, Inc. (the "Company") issued a press release (the “Press Release”) announcing results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1459839/000145983924000010/0001459839-24-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.