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SI-BONE, Inc.SIBNCompetitor analysis, valuation and peers

United States · USD·Health Care›Medical Specialties
Momentum leader 98
Mkt cap
$1.09B
US dollars, full cap
Free float
95%
of shares outstanding
$/day
$19.7M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-24.2 pp
WACC 8.0%
Hurdle
n/a
no reverse DCF
Next earnings
115 days
1 Mar 2027
Close · USD$24.24
1D-0.1%
1W+14.2%
1M+28.5%
3M+28.7%
6M+97.6%
YTD+22.9%
1Y+57.8%
ATR %5.1%
Beta0.75
52w lowhigh6.5% off high

What SI-BONE does

Employees: 376

SI-BONE at a glance

Size SI-BONE (SIBN) is a United States Health Care company (Medical Specialties) with a market value of $1.09B, the 2194th largest of 3,117 United States companies the cockpit tracks. Shares closed at $24.24 on 6 Nov 2026.

Performance Over six months the shares gained 97.6%, against -13.9% for the median peer and -1.1% for the United States market (cap-weighted) — highest of 20 in its peer set.

Growth Revenue grew 14.0% over the last twelve months (peer median +11.0%); the operating margin is -7.6% (peer median 7.2%).

Valuation It trades at 4.5× enterprise value to sales against a peer median of 3.4× (10th most expensive of 20).

Capital Return on invested capital runs 24.2 points below its cost of capital (8.0% WACC).

Short interest Short interest is 10.5% of the free float (15 Oct 2026).

Next results Next results expected around 1 Mar 2027 (exchange calendar; dates can move).

Relative performance

10015020011 May 202611 Aug 20266 Nov 2026SIBN 209Peer median 85
Six months, rebased to 100: SI-BONE against the median of its 20 peers (local-currency closes).

SI-BONE financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$221M$201M$167M$139M$106M
Revenue growth—+20%+20%+31%—
Gross profit$175M$160M$132M$109M$90.7M
EBITDA-$10.1M-$16.6M-$30.9M-$41.5M-$56.2M
Net income-$13.7M-$18.9M-$30.9M-$43.3M-$61.3M
Free cash flow-$4.19M-$9.09M-$22.9M-$26.5M-$51.2M
Capital expenditure$10.3M$8.41M$10.5M$7.80M$9.51M
Total debt$42.8M$36.7M$37.5M$39.0M$39.4M

Quarterly statements and history in the cockpit →

SI-BONE competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+50%+100%-20%0%+20%6523300685IRMD688277300143290650300406301101300206ATECCBLL301021TNDMPRCTCSTL688656SIBN6-month return →1-month return →
Up and to the right = strong over both horizons. SI-BONE is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%0×10×20×6523300685IRMD688277300143600055290650300406301101300206IARTATECCBLL301021PRCTCSTL688656SIBNRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. SI-BONE is the large dot.

SI-BONE competitors and peer comparison

How SI-BONE compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

SI-BONE against its 20 peers (data as of 6 Nov 2026)
MeasureSIBNPeer medianRank in peer set
1-month return+28.5%+0.3%3rd highest of 21
6-month return+97.6%-13.9%highest of 20
Distance from 52-week high-6.5%-38.2%highest of 21
Revenue growth (TTM)+14.0%+11.0%9th highest of 20
Operating margin-7.6%7.2%6th lowest of 20
EV / Sales4.5×3.4×10th most expensive of 20
ROIC minus cost of capital-24.2 pp-4.8 pp3rd lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
SI-BONE SIBNUnited States$1.09B+98%+14%-8%4.5×n/an/a
Freenome FRNMUnited States$1.09Bn/an/an/an/an/an/a
PHC 6523.TJapan$1.09B+36%+3%7%1.0×-2.3%+3.6%
Amoy Diagnostics 300685.SZChina$1.10B-14%+7%34%5.2×6.5%+10.3%
IRadimed IRMDUnited States$1.10B0%+11%32%11.7×19.1%+21.5%
Tinavi Medical Technologies 688277.SSChina$1.08B-30%-2%-59%26.9×n/an/a
INKON Life Technology 300143.SZChina$1.08B-14%+22%12%3.4×12.4%+12.9%
Beijing Wandong Medical Technology 600055.SSChina$1.11B-27%-11%-33%3.4×n/an/a
L&C BIO 290650.KSSouth Korea$1.07B-17%+53%17%12.8×n/an/a
Beijing Strong Biotechnologies 300406.SZChina$1.13B+1%-4%36%5.8×1.5%+9.9%
Mingyue Optical Lens 301101.SZChina$1.14B+6%+14%25%6.8×10.0%+8.8%
Edan Instruments 300206.SZChina$1.05B-19%+14%17%2.7×7.7%-2.9%
Integra LifeSciences IARTUnited States$1.04B-4%+1%12%1.6×5.2%+3.6%
Alphatec ATECUnited States$1.15B-1%+15%-3%2.0×n/an/a
Ceribell CBLLUnited States$1.03B+32%+31%-70%8.6×n/an/a
Inno Laser Technology 301021.SZChina$1.16B-18%+17%9%12.7×53.9%+8.6%
Tandem Diabetes Care TNDMUnited States$1.18B+9%+4%-4%1.4×n/an/a
PROCEPT BioRobotics PRCTUnited States$1.18B-19%+23%-34%3.0×n/an/a
Castle Biosciences CSTLUnited States$993M+64%+3%-9%2.1×n/an/a
Artivion AORTUnited States$985M-20%+16%7%2.8×n/an/a
HOB Biotech 688656.SSChina$972M-22%+6%7%15.6×40.1%+12.4%

Questions

Which companies are SI-BONE's closest peers?
The cockpit's peer set: Freenome (FRNM), PHC (6523.T), Amoy Diagnostics (300685.SZ), IRadimed (IRMD), Tinavi Medical Technologies (688277.SS), INKON Life Technology (300143.SZ), Beijing Wandong Medical Technology (600055.SS), L&C BIO (290650.KS).
Is SI-BONE expensive compared with its peers?
On ev / sales it trades at 4.5× against a peer median of 3.4×, 10th most expensive of 20 in its peer set.
How has SI-BONE stock performed?
Over six months to 6 Nov 2026 the shares returned +97.6% against -13.9% for the median peer; over one year +57.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.