Shoulder Innovations, Inc. (SI)
Shoulder Innovations, Inc. (SI) Interest Expense
The interest expense for Shoulder Innovations, Inc. (SI) is $70,000 with a year-over-year change of -94.68%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.
SI Interest Expense Chart
SI Interest Expense
$70000.00-90.80% 20Y
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Current Interest Expense
$70,000
$70,000
Year-over-Year Change
-94.68%
vs. $1.32M prior year
Historical Data
3
Years of data available
Annual Interest Expense History
| Year | Interest Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $70,000 | $-1.25M | -94.68% |
| 2024 | $1.32M | +$555,000 | +72.93% |
| 2023 | $761,000 | — | — |
Data as of Sunday, June 21, 2026
About Shoulder Innovations, Inc.
Shoulder Innovations, Inc. is a medical technology firm that engineers and produces sophisticated devices. The company is particularly recognized for designing an innovative shoulder replacement system. Co-founded in 2009 by Stephen B. Gunther and Michael DeVries, its main corporate office is situated in Grand Rapids, Michigan.
- Sector
- Healthcare
- Industry
- Medical - Specialties
- CEO
- Alan J. Lane