Shoulder Innovations Q3FY26 Results: Revenue up 38% to $16.2 million

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.