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SI-BONE, Inc.

SIBN

SI-BONE is a medical device leader specializing in innovative procedural solutions for compromised bone, with a primary focus on the sacroiliac (SI) joint.

Market cap
$756.16M-0.3%
Revenue$206.2M+16.8%
Net income-$16.7M+37.1%
Free cash flow-$6.0M+70.5%
EPS (diluted)-$0.39+39.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 3, 2026 (In 5 days)
Revenue estimate$55.3M
EPS estimate-$0.15

Financials

Q1 2026

Income statement

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Revenue$52.6M+11.2%
Gross profit$41.9M+11.3%
Operating income-$5.1M+31.9%
Net income-$4.3M+33.8%
EPS (diluted)-$0.10+33.3%

Balance sheet

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Cash & equivalents$33.5M-18.6%
Total debt$42.9M+15.6%
Total equity$178.9M+7.0%
Total assets$242.7M+6.8%

Cash flow

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Operating cash flow-$2.4M+51.9%
CapEx$1.1M-48.0%
Free cash flow-$3.4M+50.8%

Valuation & ratios

Valuation

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Market cap$756.16M-0.3%
Enterprise value$765.57M+1.7%
P/S3.7×-0.4×

Profitability

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Gross margin79.6%+0.3pp
Operating margin-9.7%-3.0pp
Net margin-8.1%-2.6pp
FCF margin-2.9%-1.2pp

Returns & leverage

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Return on equity-9.6%-2.7pp
Debt / equity0.2×0.0×
Current ratio10×+1.5×

Competitors

Profile

SI-BONE is a medical device leader specializing in innovative procedural solutions for compromised bone, with a primary focus on the sacroiliac (SI) joint. The company leverages additive manufacturing and biomechanical design to provide minimally invasive treatments for SI joint dysfunction, pelvic trauma, and thoracolumbar spinal fixation. Their value proposition is centered on a robust portfolio of 3D-printed titanium implants supported by extensive clinical evidence and randomized controlled trials.

Competitive position

A pioneer and market leader in minimally invasive SI joint fusion with significant clinical data barriers and multiple FDA breakthrough device designations.

GeographiesUnited States, European Union, Australia, Japan
Customer segmentsHospitals, Specialized surgical centers, Physician groups
Business modelDirect-to-hospital sales, Medical device manufacturing
SuppliersTitanium raw material suppliers, 3D-printing/Additive manufacturing providers, Cadaveric bone tissue suppliers, Specialized medical instrument manufacturers
CustomersOrthopedic and neurological surgeons, Hospital procurement departments, Ambulatory surgical centers (ASCs), Interventional pain management physicians
Listed2018
Employees344.0
CEOLaura A. Francis
FilingsSEC EDGAR

Questions, answered.

What is SI-BONE, Inc.'s market cap?
SI-BONE, Inc. (SIBN) has a market capitalization of $756.2M and trades on NASDAQ.
What is SI-BONE, Inc.'s revenue and profitability?
SI-BONE, Inc. generated $206.2M in trailing twelve-month revenue with a net loss of $16.7M, representing a net margin of -8.1%. Gross margin stands at 79.6%, with free cash flow of -$6.0M. These figures are based on the Q1 2026 filing.
Who are SI-BONE, Inc.'s competitors?
SI-BONE, Inc.'s key competitors include Tenon Medical, Inc., Globus Medical, Inc., Alphatec Holding Inc., and others. These companies compete in similar markets and product categories.
Where is SI-BONE, Inc. headquartered?
SI-BONE, Inc. is headquartered in United States of America and employs approximately 344 people. It has been publicly traded since 2018.