SHOULDER INNOVATIONS, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 |
|---|---|---|---|
| Income Statement | |||
| Revenue | $47.3 | $31.6 | — |
| Operating income | -$26.3 | -$14.7 | — |
| Net income | -$40.4 | -$15.6 | — |
| Cash Flow Statement | |||
| Free cash flow | -$36.0 | -$18.2 | — |
Shares outstanding 20.8M · Free float 36.8%
Annual filing data through FY ended December 31, 2025; float as of October 3, 2026.