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SI-BONE, Inc. (SIBN) Stock Fundamental Analysis & AI Rating 2026

SIBN Nasdaq Surgical & Medical Instruments & Apparatus DE CIK: 0001459839
Recently Updated • Analysis: Apr 15, 2026 • SEC Data: 2025-12-31
BUY
67% Conf
Pending
Analysis scheduled

📊 SIBN Key Takeaways

Revenue: $200.9M
Net Margin: -9.4%
Free Cash Flow: $-9.1M
Current Ratio: 8.55x
Debt/Equity: 0.20x
EPS: $-0.44
AI Rating: BUY with 67% confidence
SI-BONE, Inc. (SIBN) receives a BUY rating with 67% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $200.9M, net profit margin of -9.4%, and return on equity (ROE) of -10.6%, SI-BONE, Inc. demonstrates strong fundamentals in the Healthcare sector. Below is our complete SIBN stock analysis for 2026.

Is SI-BONE, Inc. (SIBN) a Good Investment?

Claude

SI-BONE demonstrates strong medical device fundamentals with 20.2% revenue growth and exceptional 79.6% gross margins, indicating robust product economics. Profitability is rapidly improving (net loss shrinking 38.8% YoY) with adequate balance sheet strength (0.20x leverage, 42.2M cash) to sustain the path to profitability, though negative operating cash flow and continued losses present near-term execution risk.

Why Buy SI-BONE, Inc. Stock? SIBN Key Strengths

Claude
  • + Strong revenue growth of 20.2% YoY in specialized surgical device market
  • + Exceptional gross margin of 79.6% indicating strong pricing power and cost structure
  • + Rapidly improving profitability with net losses declining 38.8% YoY and losses narrowing toward breakeven
  • + Strong balance sheet with low debt-to-equity of 0.20x and exceptional liquidity (8.55x current ratio)
  • + Substantial cash position of 42.2M providing runway for growth investments

SIBN Stock Risks: SI-BONE, Inc. Investment Risks

Claude
  • ! Company remains unprofitable at operating (-11.1% margin) and net (-9.4% margin) income levels with no positive earnings
  • ! Negative operating cash flow (-675K) and free cash flow (-9.1M) indicate ongoing cash burn despite revenue growth
  • ! Inability to cover interest expenses with operations (-25.3x coverage) despite manageable debt levels
  • ! Cash burn rate requires continued capital discipline; limited runway if trajectory stalls
  • ! Medical device sector execution risk: must achieve profitability while maintaining growth rates and margins

Key Metrics to Watch

Claude
  • * Operating cash flow inflection point to positive territory
  • * Operating margin improvement toward breakeven and profitability
  • * Operating expense control and sales/marketing efficiency relative to revenue growth
  • * Gross margin sustainability above 75% as company scales
  • * Quarterly cash position and burn rate to confirm path to profitability within 18-24 months

SI-BONE, Inc. (SIBN) Financial Metrics & Key Ratios

Revenue
$200.9M
Net Income
$-18.9M
EPS (Diluted)
$-0.44
Free Cash Flow
$-9.1M
Total Assets
$238.6M
Cash Position
$42.2M

💡 AI Analyst Insight

Strong liquidity with a 8.55x current ratio provides a solid financial cushion.

SIBN Profit Margin, ROE & Profitability Analysis

Gross Margin 79.6%
Operating Margin -11.1%
Net Margin -9.4%
ROE -10.6%
ROA -7.9%
FCF Margin -4.5%

SIBN vs Healthcare Sector: How SI-BONE, Inc. Compares

How SI-BONE, Inc. compares to Healthcare sector averages

Net Margin
SIBN -9.4%
vs
Sector Avg 12.0%
SIBN Sector
ROE
SIBN -10.6%
vs
Sector Avg 15.0%
SIBN Sector
Current Ratio
SIBN 8.5x
vs
Sector Avg 2.0x
SIBN Sector
Debt/Equity
SIBN 0.2x
vs
Sector Avg 0.6x
SIBN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is SI-BONE, Inc. Stock Overvalued? SIBN Valuation Analysis 2026

Based on fundamental analysis, SI-BONE, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-10.6%
Sector avg: 15%
Net Profit Margin
-9.4%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.20x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

SI-BONE, Inc. Balance Sheet: SIBN Debt, Cash & Liquidity

Current Ratio
8.55x
Quick Ratio
7.21x
Debt/Equity
0.20x
Debt/Assets
25.6%
Interest Coverage
-25.35x
Long-term Debt
$35.6M

SIBN Revenue & Earnings Growth: 5-Year Financial Trend

SIBN 5-year financial data: Year 2021: Revenue $90.2M, Net Income -$43.7M, EPS $-1.50. Year 2022: Revenue $106.4M, Net Income -$56.6M, EPS $-1.71. Year 2023: Revenue $138.9M, Net Income -$61.3M, EPS $-1.79. Year 2024: Revenue $167.2M, Net Income -$61.3M, EPS $-1.79. Year 2025: Revenue $200.9M, Net Income -$43.3M, EPS $-1.13.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: SI-BONE, Inc.'s revenue has grown significantly by 123% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.13 indicates the company is currently unprofitable.

SIBN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-4.5%
Free cash flow / Revenue

SIBN Quarterly Earnings & Performance

Quarterly financial performance data for SI-BONE, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $40.3M -$4.6M $-0.11
Q2 2025 $40.0M -$6.2M $-0.14
Q1 2025 $37.9M -$6.5M $-0.15
Q3 2024 $34.0M -$6.6M $-0.16
Q2 2024 $33.3M -$8.9M $-0.22
Q1 2024 $32.7M -$10.9M $-0.27
Q3 2023 $26.4M -$10.0M $-0.25
Q2 2023 $25.6M -$11.1M $-0.30

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

SI-BONE, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$675.0K
Cash generated from operations
Stock Buybacks
$38.0K
Shares repurchased (TTM)
Capital Expenditures
$8.4M
Investment in assets
Dividends
None
No dividend program

SIBN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for SI-BONE, Inc. (CIK: 0001459839)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 4 xslF345X06/primarydocument.xml View →
Apr 3, 2026 4 xslF345X06/primarydocument.xml View →
Apr 3, 2026 4 xslF345X06/primarydocument.xml View →
Mar 13, 2026 4 xslF345X05/primarydocument.xml View →
Feb 24, 2026 10-K sibn-20251231.htm View →

Frequently Asked Questions about SIBN

What is the AI rating for SIBN?

SI-BONE, Inc. (SIBN) has an AI rating of BUY with 67% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SIBN's key strengths?

Claude: Strong revenue growth of 20.2% YoY in specialized surgical device market. Exceptional gross margin of 79.6% indicating strong pricing power and cost structure.

What are the risks of investing in SIBN?

Claude: Company remains unprofitable at operating (-11.1% margin) and net (-9.4% margin) income levels with no positive earnings. Negative operating cash flow (-675K) and free cash flow (-9.1M) indicate ongoing cash burn despite revenue growth.

What is SIBN's revenue and growth?

SI-BONE, Inc. reported revenue of $200.9M.

Does SIBN pay dividends?

SI-BONE, Inc. does not currently pay dividends.

Where can I find SIBN SEC filings?

Official SEC filings for SI-BONE, Inc. (CIK: 0001459839) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SIBN's EPS?

SI-BONE, Inc. has a diluted EPS of $-0.44.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is SIBN a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, SI-BONE, Inc. has a BUY rating with 67% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is SIBN stock overvalued or undervalued?

Valuation metrics for SIBN: ROE of -10.6% (sector avg: 15%), net margin of -9.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy SIBN stock in 2026?

Our dual AI analysis gives SI-BONE, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SIBN's free cash flow?

SI-BONE, Inc.'s operating cash flow is $-675.0K, with capital expenditures of $8.4M. FCF margin is -4.5%.

How does SIBN compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -9.4% (avg: 12%), ROE -10.6% (avg: 15%), current ratio 8.55 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 15, 2026 | Data as of: 2025-12-31 | Powered by Claude AI