NASDAQ : SIBN
SI-BONE, Inc. — Financial statements
Healthcare · Medical Devices · United States
Last price 21.23 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 951.50M
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Financial statements
SI-BONE, Inc. (SIBN) reported revenue of 213.60M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 213.60M | 200.93M | 167.18M | 138.89M | 106.41M | 90.15M |
| Cost of Revenue | 43.73M | 41.05M | 35.06M | 29.47M | 15.71M | 10.43M |
| Gross Profit | 169.87M | 159.88M | 132.12M | 109.42M | 90.70M | 79.72M |
| Selling, General & Admin | 169.60M | 164.76M | 150.81M | 141.32M | 136.69M | 118.95M |
| Research & Development | 18.02M | 17.45M | 16.56M | 15.03M | 13.63M | 12.44M |
| Operating Expenses | 187.61M | 182.21M | 167.37M | 156.35M | 150.31M | 131.39M |
| Operating Income | -17.75M | -22.33M | -35.25M | -46.93M | -59.61M | -51.67M |
| Interest Expense | -2.49M | -2.63M | -3.44M | -3.46M | -2.82M | -5.37M |
| Interest & Investment Income | 5.64M | 6.07M | 7.85M | 6.92M | 1.30M | 186.00K |
| Currency Exchange Gain (Loss) | -41.00K | -20.00K | -73.00K | 141.00K | -132.00K | 277.00K |
| EBT Excluding Unusual Items | -14.63M | -18.90M | -30.91M | -43.34M | -61.26M | -56.57M |
| Pretax Income | -14.63M | -18.90M | -30.91M | -43.34M | -61.26M | -56.57M |
| Net Income | -14.63M | -18.90M | -30.91M | -43.34M | -61.26M | -56.57M |
| Net Income to Common | -14.63M | -18.90M | -30.91M | -43.34M | -61.26M | -56.57M |
| Shares Outstanding (Basic) | 43.79M | 42.96M | 41.47M | 38.43M | 34.20M | 33.15M |
| Shares Outstanding (Diluted) | 43.79M | 42.96M | 41.47M | 38.43M | 34.20M | 33.15M |
| EPS (Basic) | -0.33 | -0.44 | -0.75 | -1.13 | -1.79 | -1.71 |
| EPS (Diluted) | -0.33 | -0.44 | -0.75 | -1.13 | -1.79 | -1.71 |
| Free Cash Flow | -4.39M | -9.09M | -22.92M | -26.51M | -51.16M | -45.92M |
| Free Cash Flow Per Share | -0.10 | -0.21 | -0.55 | -0.69 | -1.50 | -1.39 |
| Gross Margin | 79.53% | 79.57% | 79.03% | 78.78% | 85.24% | 88.43% |
| Operating Margin | -8.31% | -11.11% | -21.08% | -33.79% | -56.02% | -57.31% |
| Profit Margin | -6.85% | -9.41% | -18.49% | -31.20% | -57.57% | -62.75% |
| Free Cash Flow Margin | -2.05% | -4.52% | -13.71% | -19.09% | -48.08% | -50.94% |
| EBITDA | -11.32M | -16.56M | -30.87M | -41.50M | -56.16M | -49.58M |
| EBITDA Margin | -5.30% | -8.24% | -18.46% | -29.88% | -52.78% | -55.00% |
| D&A For EBITDA | 6.42M | 5.77M | 4.38M | 5.43M | 3.45M | 2.09M |
| EBIT | -17.75M | -22.33M | -35.25M | -46.93M | -59.61M | -51.67M |
| EBIT Margin | -8.31% | -11.11% | -21.08% | -33.79% | -56.02% | -57.31% |
| Advertising Expenses | 500.00K | 500.00K | 1.10M | 1.60M | 1.20M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 33.13M | 42.24M | 34.95M | 33.27M | 20.72M | 63.42M |
| Short-Term Investments | 112.81M | 105.58M | 115.09M | 132.75M | 76.57M | 83.56M |
| Cash & Short-Term Investments | 145.94M | 147.82M | 150.04M | 166.02M | 97.29M | 146.98M |
| Accounts Receivable | 31.18M | 29.91M | 27.46M | 21.95M | 20.67M | 14.25M |
| Other Receivables | 600.00K | 500.00K | 300.00K | 200.00K | ||
| Receivables | 31.78M | 30.41M | 27.76M | 22.15M | 20.67M | 14.25M |
| Inventory | 38.39M | 33.90M | 27.07M | 20.25M | 17.28M | 11.50M |
| Prepaid Expenses | 3.80M | 3.98M | 2.90M | 2.97M | 2.37M | 3.14M |
| Total Current Assets | 219.91M | 216.12M | 207.78M | 211.39M | 137.61M | 175.87M |
| Property, Plant & Equipment | 28.63M | 22.39M | 22.36M | 18.71M | 19.57M | 14.24M |
| Other Long-Term Assets | 216.00K | 55.00K | 300.00K | 325.00K | 375.00K | 400.00K |
| Total Assets | 248.76M | 238.56M | 230.44M | 230.43M | 157.55M | 190.51M |
| Accounts Payable | 8.54M | 4.63M | 6.49M | 4.59M | 6.28M | 3.20M |
| Accrued Expenses | 14.19M | 18.82M | 18.55M | 16.44M | 12.54M | 11.05M |
| Current Portion of Leases | 426.00K | 944.00K | 1.15M | 1.42M | 1.39M | 1.34M |
| Other Current Liabilities | 889.00K | 879.00K | 938.00K | 1.01M | 973.00K | 1.30M |
| Total Current Liabilities | 24.04M | 25.28M | 27.13M | 23.46M | 21.18M | 16.89M |
| Long-Term Debt | 35.63M | 35.57M | 35.45M | 36.06M | 35.17M | 34.97M |
| Long-Term Leases | 6.74M | 175.00K | 879.00K | 1.51M | 2.87M | 4.17M |
| Other Long-Term Liabilities | 10.00K | 18.00K | 30.00K | 57.00K | ||
| Total Liabilities | 66.41M | 61.02M | 63.47M | 61.05M | 59.25M | 56.09M |
| Common Stock | 4.00K | 4.00K | 4.00K | 4.00K | 3.00K | 3.00K |
| Additional Paid-In Capital | 640.64M | 626.97M | 598.07M | 569.48M | 455.17M | 429.91M |
| Retained Earnings | -458.68M | -450.26M | -431.35M | -400.44M | -357.11M | -295.85M |
| Comprehensive Income & Other | 387.00K | 816.00K | 244.00K | 335.00K | 232.00K | 352.00K |
| Total Common Equity | 182.35M | 177.53M | 166.96M | 169.38M | 98.30M | 134.42M |
| Shareholders' Equity | 182.35M | 177.53M | 166.96M | 169.38M | 98.30M | 134.42M |
| Total Liabilities & Equity | 248.76M | 238.56M | 230.44M | 230.43M | 157.55M | 190.51M |
| Total Debt | 42.80M | 36.69M | 37.48M | 38.99M | 39.43M | 40.48M |
| Net Cash (Debt) | 103.15M | 111.14M | 112.56M | 127.03M | 57.86M | 106.50M |
| Net Cash Per Share | 2.36 | 2.59 | 2.71 | 3.31 | 1.69 | 3.21 |
| Filing Date Shares Outstanding | 44.82M | 44.17M | 42.45M | 41.06M | 34.99M | 33.84M |
| Total Common Shares Outstanding | 44.70M | 43.65M | 42.09M | 40.69M | 34.73M | 33.67M |
| Working Capital | 195.87M | 190.84M | 180.65M | 187.94M | 116.43M | 158.98M |
| Book Value Per Share | 4.08 | 4.07 | 3.97 | 4.16 | 2.83 | 3.99 |
| Tangible Book Value | 182.35M | 177.53M | 166.96M | 169.38M | 98.30M | 134.42M |
| Tangible Book Value Per Share | 4.08 | 4.07 | 3.97 | 4.16 | 2.83 | 3.99 |
| Machinery | 9.06M | 8.34M | 6.67M | 5.31M | 3.19M | 11.80M |
| Construction In Progress | 7.34M | 5.90M | 6.21M | 3.86M | 7.85M | 3.66M |
| Leasehold Improvements | 3.87M | 3.87M | 3.87M | 3.87M | 1.63M | 503.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -14.63M | -18.90M | -30.91M | -43.34M | -61.26M | -56.57M |
| Depreciation & Amortization | 6.42M | 5.77M | 4.38M | 5.43M | 3.45M | 2.09M |
| Other Amortization | 117.00K | 117.00K | 153.00K | 208.00K | 198.00K | 288.00K |
| Loss (Gain) From Sale of Assets | 1.58M | 1.63M | 1.88M | 1.30M | 153.00K | 399.00K |
| Loss (Gain) From Sale of Investments | -2.39M | -3.05M | -5.44M | -4.01M | 229.00K | 1.29M |
| Stock-Based Compensation | 24.21M | 25.52M | 25.87M | 24.06M | 23.06M | 16.87M |
| Provision & Write-off of Bad Debts | 276.00K | 570.00K | 470.00K | 761.00K | 150.00K | 14.00K |
| Other Operating Activities | 1.10M | 2.00M | 1.30M | 1.71M | 319.00K | 1.85M |
| Change in Accounts Receivable | -7.07M | -3.03M | -5.84M | -2.12M | -6.48M | -569.00K |
| Change in Inventory | -5.24M | -8.68M | -8.05M | -4.72M | -6.03M | -5.78M |
| Change in Accounts Payable | -118.00K | -1.76M | 1.86M | -1.12M | 2.53M | -532.00K |
| Change in Other Net Operating Assets | -1.78M | -851.00K | 1.91M | 3.13M | 2.02M | 1.13M |
| Operating Cash Flow | 2.48M | -675.00K | -12.43M | -18.71M | -41.66M | -39.53M |
| Capital Expenditures | -6.87M | -8.41M | -10.50M | -7.80M | -9.51M | -6.39M |
| Investment in Securities | 896.00K | 12.57M | 23.12M | -52.00M | 6.69M | 57.97M |
| Investing Cash Flow | -5.97M | 4.16M | 12.62M | -59.80M | -2.81M | 51.58M |
| Long-Term Debt Issued | 35.95M | 35.96M | 35.00M | |||
| Long-Term Debt Repaid | -36.00M | -35.27M | -41.00M | |||
| Net Debt Issued (Repaid) | -46.00K | 685.00K | -6.00M | |||
| Issuance of Common Stock | 2.70M | 3.38M | 2.72M | 90.25M | 2.20M | 4.91M |
| Other Financing Activities | -720.00K | -619.00K | ||||
| Financing Cash Flow | 2.70M | 3.38M | 1.96M | 90.93M | 2.20M | -1.71M |
| Foreign Exchange Rate Adjustments | -233.00K | 431.00K | -479.00K | 132.00K | -429.00K | -498.00K |
| Net Cash Flow | -1.02M | 7.29M | 1.68M | 12.55M | -42.70M | 9.84M |
| Free Cash Flow | -4.39M | -9.09M | -22.92M | -26.51M | -51.16M | -45.92M |
| Free Cash Flow Margin | -2.05% | -4.52% | -13.71% | -19.09% | -48.08% | -50.94% |
| Free Cash Flow Per Share | -0.10 | -0.21 | -0.55 | -0.69 | -1.50 | -1.39 |
| Levered Free Cash Flow | -861.88K | -4.80M | -12.70M | -12.41M | -29.01M | -27.79M |
| Unlevered Free Cash Flow | 577.38K | -3.28M | -10.70M | -10.45M | -27.44M | -24.73M |
| Cash Interest Paid | 2.53M | 2.53M | 3.35M | 3.26M | 2.62M | 3.23M |
| Change in Working Capital | -14.20M | -14.32M | -10.12M | -4.83M | -7.96M | -5.76M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 951.50M | 855.68M | 587.97M | 850.12M | 469.15M | 743.81M |
| Enterprise Value | 848.35M | 746.77M | 475.69M | 722.65M | 404.70M | 618.26M |
| Last Close Price | 21.23 | 19.72 | 14.02 | 20.99 | 13.60 | 22.21 |
| PS Ratio | 4.45 | 4.26 | 3.52 | 6.12 | 4.41 | 8.25 |
| PB Ratio | 5.20 | 4.82 | 3.52 | 5.02 | 4.77 | 5.53 |
| P/TBV Ratio | 5.22 | 4.82 | 3.52 | 5.02 | 4.77 | 5.53 |
| EV/Sales Ratio | 3.97 | 3.72 | 2.85 | 5.20 | 3.80 | 6.86 |
| Debt / Equity Ratio | 0.23 | 0.21 | 0.22 | 0.23 | 0.40 | 0.30 |
| Net Debt / Equity Ratio | -0.57 | -0.63 | -0.67 | -0.75 | -0.59 | -0.79 |
| Net Debt / EBITDA Ratio | 9.11 | 6.71 | 3.65 | 3.06 | 1.03 | 2.15 |
| Net Debt / FCF Ratio | 23.51 | 12.23 | 4.91 | 4.79 | 1.13 | 2.32 |
| Asset Turnover | 0.89 | 0.86 | 0.73 | 0.72 | 0.61 | 0.44 |
| Inventory Turnover | 1.20 | 1.35 | 1.48 | 1.57 | 1.09 | 1.22 |
| Quick Ratio | 7.39 | 7.05 | 6.55 | 8.02 | 5.57 | 9.55 |
| Current Ratio | 9.15 | 8.55 | 7.66 | 9.01 | 6.50 | 10.41 |
| Return on Equity (ROE) | -8.30% | -10.97% | -18.38% | -32.38% | -52.64% | -37.24% |
| Return on Assets (ROA) | -4.62% | -5.95% | -9.56% | -15.12% | -21.41% | -15.61% |
| Return on Capital Employed (ROCE) | -7.90% | -10.50% | -17.30% | -22.70% | -43.70% | -29.80% |
| Earnings Yield | -1.57% | -2.21% | -5.26% | -5.10% | -13.06% | -7.61% |
| FCF Yield | -0.46% | -1.06% | -3.90% | -3.12% | -10.90% | -6.17% |
| Buyback Yield / Dilution | -3.80% | -3.60% | -7.91% | -12.35% | -3.19% | -14.06% |