SI (Shoulder Innovations) Research & Development: $9.90 Mil (TTM As of Mar. 2026)


SI Shoulder Innovations Inc SI
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What is Shoulder Innovations Research & Development?

Shoulder Innovations SI +9.31% 12 Research & Development is $9.90 Mil as of Mar. 2026. GuruFocus rates SI with a GF Score™ of 12/100. The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shoulder Innovations's Research & Development for the three months ended in Mar. 2026 was $3.75 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $9.90 Mil.

Shoulder Innovations  (NYSE:SI) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Shoulder Innovations Research & Development Related Terms

Shoulder Innovations Research & Development Historical Data

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The historical data trend for Shoulder Innovations's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shoulder Innovations Research & Development Chart

Shoulder Innovations Annual Data
Trend Dec23 Dec24 Dec25
Research & Development
3.02 4.49 7.73

Shoulder Innovations Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.41 1.53 3.22 3.75
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Shoulder Innovations Inc SI
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoulder Innovations Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.90 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $9.90 Mil mean?
Shoulder Innovations (SI) has a Research & Development of $9.90 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shoulder Innovations and its competitors.
Is Shoulder Innovations' Research & Development too high?
Shoulder Innovations' current Research & Development is $9.90 Mil. Overall, Shoulder Innovations has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Shoulder Innovations' Research & Development compare to ELMD and MASS?
Shoulder Innovations' Research & Development of $9.90 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Medical Devices & Instruments company?
A good Research & Development depends on the Medical Devices & Instruments industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Shoulder Innovations and its competitors. Shoulder Innovations's current Research & Development is $9.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoulder Innovations stock overvalued right now?
Shoulder Innovations (SI) has a current Research & Development of $9.90 Mil. The current Research & Development is $9.90 Mil. Shoulder Innovations' overall GF Score™ is 12/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Shoulder Innovations (SI), the current Research & Development is $9.90 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shoulder Innovations Business Description

Other Exchanges VB3:Germany
Address 1535 Steele Avenue SW, Suite B, Grand Rapids, MI, USA, 49507
Shoulder Innovations Inc is a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market. It currently offers advanced implant systems for shoulder arthroplasty. Its products include: InSet Total Shoulder Arthroplasty; InSet Reverse Shoulder Arthroplasty; ProVoyance Shoulder Planning Software; and InSet Tray System. Geographically, the company operates in United States and are planning to expand.
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