Quick Answer
SHOULDER INNOVATIONS, INC. reported R&D Expense of $7.73 million for fiscal year 2025.
SHOULDER INNOVATIONS, INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $7.73M | +72.2% |
| 2024 | $4.49M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $1.52M | +39.9% | +8.5% |
| June 30, 2025 | $1.41M | +21.0% | +29.0% |
| September 30, 2024 | $1.09M | — | -6.2% |
| June 30, 2024 | $1.16M | — | — |
- SHOULDER INNOVATIONS, INC. showed an increase of +72.2% in R&D Expense compared to the prior fiscal year.
- Over the 2024–2025 period, SHOULDER INNOVATIONS, INC.’s r&d expense has grown by 72.2% (from $4.49 million to $7.73 million).
- The most recent figure is from SHOULDER INNOVATIONS, INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 10, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: