Shoulder Innovations, Inc. (SI)
Shoulder Innovations, Inc. (SI) Research & Development Expenses
The r&d expense for Shoulder Innovations, Inc. (SI) is $7.73 Million with a year-over-year change of +72.22%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
SI R&D Expense Chart
SI R&D Expense
$7.73M+155.91% 20Y
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Current R&D Expense
$7.73M
$7.73 Million
Year-over-Year Change
+72.22%
vs. $4.49M prior year
Historical Data
3
Years of data available
Annual R&D Expense History
| Year | R&D Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $7.73M | +$3.24M | +72.22% |
| 2024 | $4.49M | +$1.47M | +48.59% |
| 2023 | $3.02M | — | — |
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