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Companies / Healthcare / SI-BONE, Inc.
SIBN

SI-BONE, Inc.

HealthcareSurgical & Medical Instruments
Ticker SIBNSANTA CLARA, CAFiscal year ends DecemberBook value per share $4.12Diluted shares 44.2M

SI-BONE, Inc. (NASDAQ: SIBN) is a medical device company specializing in minimally invasive procedural solutions for compromised bone, with particular expertise in biomechanical design and anatomy-specific innovation. The company pioneered minimally invasive treatment for sacroiliac joint dysfunction and has… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$200.93M
+20.2% year over year
Last 12 mo $213.60M
-11.11%
+10 percentage points
Last 12 mo -8.31%
$-18.90M
+38.8% year over year
Last 12 mo $-14.63M
-10.65%
+7.9 percentage points
Last 12 mo -8.02%
Cash & financing
$-0.68M
+94.6% year over year
Last 12 mo $2.48M
$-9.09M
+60.3% year over year
Last 12 mo $-4.39M
0.20
Was 0.21× a year earlier
Last 12 mo 0.20
43.0M
+3.6% year over year
Last 12 mo 44.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What SI-BONE, Inc. does

In the company’s own words

SI-BONE, Inc. (NASDAQ: SIBN) is a medical device company specializing in minimally invasive procedural solutions for compromised bone, with particular expertise in biomechanical design and anatomy-specific innovation. The company pioneered minimally invasive treatment for sacroiliac joint dysfunction and has established a technology platform that extends to thoracolumbar fixation and fusion and pelvic trauma applications. More than 140,000 procedures have been performed using SI-BONE products since the introduction of iFuse in 2009.

The company's product portfolio includes a series of patented titanium implants and associated instruments, as well as implantable bone products. Key offerings include iFuse, iFuse 3D, iFuse TORQ, iFuse Bedrock Granite, iFuse INTRA, and iFuse TORQ TNT. In the United States, these products carry FDA clearances for sacroiliac joint dysfunction, adult spinal deformity, and pelvic trauma applications. In the European Economic Area, select products are CE marked for similar indications. Three of SI-BONE's platform technologies have received FDA Breakthrough Device Designation.

SI-BONE estimates its total addressable market in the United States exceeds $3.5 billion, encompassing sacroiliac joint dysfunction and degeneration, thoracolumbar fixation and fusion, and pelvic trauma. The company's clinical evidence base includes four prospective randomized controlled trials and multiple prospective multicenter studies, with more than 180 publications supporting safety, effectiveness, durability, and economic utility of its implants.

The company operates through a direct sales force and third-party sales agents in the United States and internationally. As of December 31, 2025, the U.S. sales organization consisted of 89 territory sales managers and 83 clinical specialists directly employed by SI-BONE, along with 320 third-party sales agents. International operations included 11 directly employed sales representatives and 28 third-party sales agents operating in 38 countries. SI-BONE's target customer base comprises over 12,000 U.S. physicians, including approximately 7,500 orthopedic and neurological surgeons and 4,500 interventional spine physicians. The company maintains intellectual property protection through 49 issued U.S. patents and 24 pending U.S. patent applications, along with 23 issued foreign patents and 23 pending foreign patent applications. More information is available at www.si-bone.com.

Company details
Sector
Healthcare
Industry
Surgical & Medical Instruments
Headquarters
SANTA CLARA, CA
Fiscal year end
December
CIK
1459839
SIC
3841

Financial performance, year by year

Fiscal 2018–2025 · USD
$-88.74M$-6.28M$76.17M$158.63M$241.09M20182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns SI-BONE, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

176
funds hold it
0 of 35
superinvestors hold it
$243.49M
held by funds, at market
36.8%
of shares held by funds

Largest fund holders · SI-BONE, Inc.’s weight in each

Small Cap Growth Fund
ANONX · American Century Mutual Funds, Inc.
0.46%of fund net assets
Impax Small Cap Fund
PXSCX · IMPAX FUNDS SERIES TRUST I
2.45%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
College Retirement Equities Fund - Total Global Stock Account
QCSTRX · College Retirement Equities Fund
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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