Shoulder Innovations reported a significant 38% year-over-year increase in net revenue to $16.2 million for Q3FY26, driven by a 34% rise in implant volumes and higher average selling prices. The company also improved its gross margin to 78.5% and narrowed its net loss, leading to a raised full-year FY26 revenue guidance of $68-$70 million. Strategic product launches and advancements in its robotics platform are key to its continued growth and long-term margin expansion.
Original sourceSYKNYSEHealthcare
STRYKER CORP
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Latest price
$325.87
-2.75%
Alpha Vantage · 11/6/2026
Industry: Medical DevicesCategory: Domestic Common StockCurrency: USDNews: 1 recent
Analyze SYK free One-year price history
Adjusted daily closes · 252 observations · as of Nov 6, 2026
1 month
+17.7%
3 months
-5.5%
6 months
+14.8%
1 year
-6.9%
Year to date
-6.5%
52-week range
$268.89 – $384.12
Fundamental snapshot
Latest reported period: Sep 30, 2026
Market cap
$124.06B
P/E
34.2
P/B
5.3
P/S
4.7
Revenue
$26.3B
Net income
$3.62B
Diluted EPS
9.39
Gross margin
65.30%
Net margin
13.80%
Return on equity
15.60%
Total debt
$14.93B
Cash
$3.27B
Free cash flow
$4.57B
Latest eight reported quarters
Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Sep 30, 2026 | $6.52B | $753M | 65.20% | 11.50% | $1.22B |
| Jun 30, 2026 | $6.59B | $1.28B | 68.30% | 19.40% | $1.06B |
| Mar 31, 2026 | $6.02B | $745M | 63.30% | 12.40% | $415M |
| Dec 31, 2025 | $7.17B | $849M | 64.50% | 11.80% | $1.88B |
| Sep 30, 2025 | $6.06B | $859M | 63.60% | 14.20% | $1.35B |
| Jun 30, 2025 | $6.02B | $884M | 63.80% | 14.70% | $928M |
| Mar 31, 2025 | $5.87B | $654M | 63.80% | 11.10% | $127M |
| Dec 31, 2024 | $6.44B | $546M | 64.90% | 8.50% | $1.67B |
Reported figures can reflect company reporting conventions, restatements, or sector-specific accounting. Verify against filings before relying on a valuation comparison.
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Shoulder Innovations Q3FY26 Results: Revenue up 38% to $16.2 million