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+4.48%
Close of 9 Nov 2026, in USD
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About Shoulder Innovations
From its filings with the US Securities and Exchange Commission
Shoulder Innovations is based in Grand Rapids, Michigan and is incorporated in Delaware. Its shares trade on NYSE under the ticker SI. The SEC classifies its business as surgical & medical instruments & apparatus. In the fiscal year to 31 December 2025, it reported revenue of $47.3m and a net loss of $40.4m. At that date it held total assets of $169.9m and shareholders' equity of $140.8m.
We are a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market. We currently offer advanced implant systems for shoulder arthroplasty. These systems are a core element of our ecosystem, which we designed to improve core components of shoulder surgical care – preoperative planning, implant design and procedural efficiency – to benefit each stakeholder in the care chain. Our ecosystem is also comprised of enabling technologies, efficient instrument systems, specialized support and surgeon-to-surgeon collaboration. Together, these elements seek to address the long-standing clinical and operational challenges in the shoulder surgical care market by delivering predictable outcomes, procedural simplicity, and efficiency across all sites of care. We believe our exclusive focus on shoulder surgical care, combined with a highly specialized commercial organization and strong clinical data, positions us well to capture significant share in this large, growing market.
Shoulder pain is highly prevalent, often chronic, and can significantly reduce quality of life. The primary conditions that can result in shoulder pain and reduced functionality include osteoarthritis, rheumatoid arthritis, rotator cuff tears and shoulder fractures. These shoulder conditions are widespread, often debilitating, and are commonly experienced concurrently as interrelated musculoskeletal disorders.
Quoted from its 10-K, filed 10 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Health Care
- Industry
- Health Care Equipment & Supplies
- Listed since
- 31 Jul 2025
- Employees
- 72
- Website
- shoulderinnovations.com ↗
- Head office
- 1535 STEELE AVENUE SW, SUITE B, GRAND RAPIDS, MI, 49507
- Incorporated in
- DE
- Classification
- Surgical & Medical Instruments & Apparatus
- Filer status
- <br>Emerging growth company
Leadership
Pay as last reported
- Mr. Robert BallExecutive Chairman, Chief Executive Officer, since 2015$628,114
- Mr. Jeffrey PointsChief Financial Officer$507,812
- Mr. Matt AhearnChief Operating Officer, Director, since 2017
- Mr. David BlueChief Customer Experience Officer$497,272
- Mr. Richard BuchholzIndependent Director Nominee
- Mr. Paul BuckmanIndependent Director$40,000
- Mr. Michael CarusiIndependent Director
- Mr. Geoff PardoIndependent Director
- Mr. Kevin SidowIndependent Director$58,069
- Mr. Casey TanseyIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Shoulder Innovations Inc operates in the Health Care sector.
- The company is headquartered in Grand Rapids, Michigan.
- It employs 72 full-time employees as of the data provided.
Weaknesses
- The company went public on 2025-07-31.
- The source description is treated as untrusted facts.
- Specific financial metrics are not included in the data.
Opportunities
- The firm focuses on the shoulder surgical care market.
- It offers advanced implant systems for shoulder arthroplasty.
- The ecosystem includes preoperative planning and instrument systems.
Threats
- The ticker symbol is SI on the US market.
- The ISIN is US82537J1088 for identification.
- Competitors in the Health Care Equipment industry exist.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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