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SI 8-K: Guidance raise

Shoulder Innovations

Filed with the SEC on · accession 0001699350-26-000062

SI filed a 8-K (current report) with the SEC on Nov 5, 2026. Shoulder Innovations reported Q3 2026 net revenue of $16.2 million, up 38% year-over-year, and raised full-year 2026 revenue guidance to $68-70 million from $67-69 million. The stock moved -3.0% by the first close after the filing.

Summary of the filing

Shoulder Innovations reported Q3 2026 net revenue of $16.2 million, up 38% year-over-year, and raised full-year 2026 revenue guidance to $68-70 million from $67-69 million. The company also highlighted new product launches, an FDA clearance, a partnership, and a patent litigation settlement.

For details, click here →How to read a 8-K →

Key details

Q3 2026 net revenue$16.2M
Q3 2025 net revenue$11.8M
Full year 2026 net revenue guidance low$68.0M
Full year 2026 net revenue guidance high$70.0M
Prior full year 2026 net revenue guidance low$67.0M
Prior full year 2026 net revenue guidance high$69.0M
Cash and cash equivalents and marketable securities as of September 30, 2026$92.3M
IssuerShoulder Innovations, Inc.
PartnershipALM Ortho
Litigation settlement counterpartyCatalyst OrthoScience Inc.
CeoRob Ball
Chief commercial officerJon Osborne

How SI stock reacted

Close before

$21.01

Nov 4, 2026

First close after

-3.05%

$20.37

5 trading days

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Since filing

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Frequently asked questions

What did SI file with the SEC on Nov 5, 2026?

SI filed a 8-K (Guidance raise). Shoulder Innovations reported Q3 2026 net revenue of $16.2 million, up 38% year-over-year, and raised full-year 2026 revenue guidance to $68-70 million from $67-69 million. The company also highlighted new product launches, an FDA clearance, a partnership, and a patent litigation settlement.

What does a guidance raise mean for SI stock?

Guidance is the company’s own forecast. Investors price stocks on the future, so a raise or cut often moves the stock more than the past quarter’s numbers.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did SI stock react to this filing?

SI closed at $21.01 before the filing and $20.37 on Nov 5, 2026 (-3.05%).

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