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SIBN · SI-BONE, Inc.

Track SIBN — free
$18.80 -0.35 (-1.83%) At close · Sep 30
Market Cap
$833.18M
Shares
44.82M
Volume · Sep 30 640.22K Avg daily vol (3M) 569K

Price & Indicators

Drag to pan · scroll to zoom
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$19.15 Open$18.92 Day$18.61–19.60 52W close$11.61–21.40 Avg vol 30d582K Short int5.9M · 13.2% float · 10.7d Short vol69% Last earningsAug 3, 2026 DataJan 2020–Sep 2026 Filing10-Q · Aug 4

Up next

Next earnings call
Nov 2, 2026 Est · unconfirmed · in 5 wks
filed Aug 4, 2026
call held Aug 3, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$213.60M
Trailing 12 months
Net income (TTM)
−$14.63M
Trailing 12 months
Revenue growth YoY
+15.2%
Year over year
Operating margin
-8.3%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
-0.5%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+3.9%
Year over year · more shares
Price change (1Y)
+35.1%
Trailing year
Short interest
13.2%
Latest settlement · 10.7 days to cover
View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 3, 2026
Q2 FY26

TL;DR. SI-BONE delivered ~15% Q2 revenue growth and a 178% adjusted EBITDA improvement while raising the low end of 2026 revenue guidance to $231–$233M and lowering the operating expense growth assumption to ~12%. The company filed a 510(k) for a third breakthrough product targeting complex spine procedures and highlighted finalized CMS reimbursement tailwinds, including new MS-DRGs for Granite effective October 1.

Bullish
  • + Q2 adjusted EBITDA improved 178% to $2.8M with revenue growing ~2x operating expenses.
  • + Submitted 510(k) for a third breakthrough device targeting complex spine procedures, with phased launch planned for Q4 2026.
  • + CMS finalized new MS-DRGs for complex spinal fusion incorporating Granite, with potential hospital payment increase up to $50,000 per procedure, effective October 1.
Bearish
  • − Guidance raise reflects measured approach; management is not assuming material Q4 contribution from the new product launch or reimbursement tailwinds.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Buy Momentum Strong Sentiment Bearish Fundamentals Excellent Quant / Vol Very High
Market backdrop VIX 16.3 · calm Equity put/call 0.53
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +17%
above
Price vs 50-day avg +3%
above
RSI (14) 59
neutral
MACD trend Positive
52-week position 77%
mid-range
Momentum
relative strength
Strong
1-month return +1%
trailing
6-month return +37%
trailing
YTD return −3%
this year
Relative strength +24%
vs S&P · 6-mo
Sentiment
smart money
Bearish
Trend (MA cross) No cross
50d $19 › 200d $16 — 50d above 200d
Institutional flow Distributing
-6% holders QoQ · +21 funds added
Insider flow Distributing
Net -$804.7K over 90 days · 100% sells
Short interest Rising
13.20% of float · ▲ +5.1% MoM · 10.7 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
169 holders — mid 3-yr range
Squeeze score 74
high risk · 0–100
Fundamentals
Excellent
Revenue growth +22%
Y/Y
Gross margin 238%
contracting
EPS growth +41%
Y/Y
Free cash flow $-9.1M
Balance sheet $6.7M
net cash
Quant / Vol
risk profile
Very High
Volatility 48%
annualized · 1-yr
Max drawdown −46%
past year
ATR 3.4%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 5 of last 6
Latest guidance · from the 8-K filed Aug 3, 2026
Worldwide revenue · Fiscal Year 2026 Initiated $231M – $233M
prior FY $200.93M midpoint +15.5% Y/Y
Gross Margin · Fiscal Year 2026 Initiated 79%
Guided vs delivered · last 6 settled
Worldwide revenue 2024
guided $165M – $167M
$167.18M Beat +0.7%
Worldwide revenue 2023
guided $136M – $137M
$138.89M Beat +1.7%
Annual revenue For 2022
guided $106M – $108M
$106.41M In line
Revenue for the quarter fourth quarter
guided $24M – $25M
$25.23M Beat +3.0%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
0 · 3 · 3
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+17% Bullish
Price vs 50-day avg
+3% Bullish
RSI (14)
59 Neutral
MACD trend
Positive Bullish
52-week position
77% Neutral
Market signals — smart money & positioning
Bearish · 3 of 6
Trend (MA cross) No cross
50d $19 › 200d $16 — 50d above 200d
Institutional flow Distributing
-6% holders QoQ · +21 funds added
Insider flow Distributing
Net -$804.7K over 90 days · 100% sells
Short interest Rising
13.20% of float · ▲ +5.1% MoM · 10.7 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
169 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $12 Now $19 · 77% Range high $21
vs 200-day avg +17% vs 50-day avg +3%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Medical Devices — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
SIBN
SI-BONE, Inc.
this stock
$833.18M -2.9% +21.5% — 13.2%
ABT
Abbott Laboratories
$174.90B -21.1% +5.7% 28.1 1.1%
MDT
Medtronic plc
$113.38B -9.3% +8.4% 21.8 1.3%
SYK
Stryker Corp
$104.47B -20.7% +11.2% 28.2 2.0%
BSX
Boston Scientific Corp
$63.59B -54.0% +12.5% 17.8 3.2%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
169
% held
106.8%
Net QoQ
+4.0M sh
Top holder
First Light Asset Managem…
Held Float
View
Held by Funds
Fund positions
186
View
Short & Settlement
Short Interest Rising
Shares short
5.9M
Days to cover
10.7d
Change
+287.2K sh
View
Short Volume
Short vol %
69%
As of
Sep 30, 2026
Short Total
View
Fails to Deliver
FTD shares
3
Value
$55
As of
Sep 14, 2026
View
Off-Exchange
Off-exchange %
44.5%
Week of
Aug 24, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$804.7K
Buyers / Sellers
0 / 4
Buyers Sellers
View
Financials
Financials
Revenue (FY)
$200.9M
Net income (FY)
$-18.9M
EPS diluted
$-0.44
View
Filings
SEC Filings
Latest
Investor Event Transcript
Filed
Sep 14, 2026
This year
11
View
Proposed Sales
Value
$518.4K
Shares
26.0K
Filed
Aug 24, 2026
View
Earnings & Events
Earnings Calls
Last call
Sep 14, 2026
View
Investor Relations
Latest news
SI-BONE To Present at Morgan Stan…
Published
Aug 31, 2026
View

Performance

5D 20D 120D MTD YTD
SIBN +1.8% +0.7% +37.5% +0.7% -2.9%
SPY -1.2% -0.4% +13.1% -0.4% +12.1%
vs SPY +3.0% +1.1% +24.4% +1.1% -15.0%
Key facts CIK 1459839 CUSIP 825704109 13F (30d) 6 filings 6 filers Visit website Investor relations