earnings
confidence high
sentiment positive
materiality 0.75
Shoulder Innovations Q2 revenue $17.2M (+56% YoY); raises FY2026 guidance to $67-69M
SHOULDER INNOVATIONS, INC.
- Net revenue $17.2M, up 56% YoY; gross margin 78.3% vs 76.2% a year ago.
- Implant systems sold 2,238 (+50% YoY); average selling price $7,674 (+5%).
- Full year 2026 revenue guidance raised to $67-69M (prior $65-68M), ~42-46% growth.
- Net loss $10.2M vs $19.2M in Q2 2025; adjusted EBITDA loss $8.0M vs $18.1M.
- Closed two credit facilities totaling up to $50M with Stifel Venture Banking; cash $99M.