Shoulder Innovations, Inc. revenue

Revenue history

AnnualQuarterly

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Shoulder Innovations, Inc.: revenue history, annual

Fiscal year	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	32	47	60
Growth on the year before	—	+49.6%	—
Gross profit	24	36	46
Gross margin	77.0%	76.5%	77.3%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Health Care Equipment: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Shoulder Innovations, Inc.	$60.1m	60.9%	—
Lensar, Inc.	$60.3m	3.3%	16.4%
Cvrx, Inc.	$61.2m	12.0%	25.7%
Apyx Medical Corp	$58.4m	25.6%	7.2%
Alpha PRO Tech LTD	$61.9m	5.7%	2.9%
Iridex Corp	$51.6m	3.7%	-2.9%

Compare with peers

• Lensar, Inc. revenue
• Cvrx, Inc. revenue
• Apyx Medical Corp revenue
• Alpha PRO Tech LTD revenue
• Iridex Corp revenue

Head to head: LNSR vs SICVRX vs SIAPYX vs SI

More: Health Care Equipment stocks compared, Health Care sector, rankings of US companies

Figures from Shoulder Innovations, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Shoulder Innovations, Inc.