SIBN — Stock Film
STOCK FILMSCENE 1/11SIBN · $18.38
Stock Expert AI presents
SIBN
SI-BONE, Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
SI-BONE, Inc. What it actually does.

Develops implantable medical devices for sacropelvic disorders. Offers the iFuse Implant System for sacroiliac joint dysfunction. Now — the numbers.

on the stock market since 2018
376 employees
$815.1M market value
Revenue last year:
$200.9M
The loss that same year:
$18.9M
For every $1 it earns, the company spends $1.1.

The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
Sales are growing, year after year.

Average growth of 22% a year over the last 4 years. Red columns mark years that ended in a loss.

$90.2M
2021
2022
2023
2024
$200.9M
2025
In the vault right now:
$147.8M
DEBT: $1.1M
At this pace, that money lasts about 7.8 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

Every quarter, analysts set a profit bar.
How many of the last 8 did the company clear?
8 / 8
EXPECTATIONS MET OR BEATEN
8
Nov 2024
Aug 2026
8 TIMES IN THE LAST 8 QUARTERS
It clears the bar, quarter after quarter.
THE PRICE TAG
MARKET VALUE / ANNUAL SALES
4.1×

This company is not turning a profit, so the market is pricing its sales instead: 4.1× for every dollar of annual revenue.

Against companies in its own sector, it looks cheaper than 58% of them.

Analysts' average target sits 25% above today's price.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 36% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 4 years, sales grew about 22% a year on average.

2
THE BRIGHT SIDE · 2/3
The product is selling

Sales run at $200.9M a year. A small number, but proof the product has real buyers.

3
THE BRIGHT SIDE · 3/3
Strong cash, light debt

There is $147.8M in the vault; even if every debt were paid off, $146.7M would remain.

1
THE RISKS · 1/2
Running at a loss

A loss of $18.9M against $200.9M in annual sales.

2
THE RISKS · 2/2
Executives lean toward selling

Over the last 12 months, executives reported 112 sells against just 23 buys. Not an alarm bell by itself, but a number worth watching.

FINALE · THE GRADE
D
39 / 100 · MoonshotScore

On our five-subject report card, SIBN sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: SIBN is a high-risk stock — not yet profitable, and its future rides on its product catching on.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

Analysts’ average target sits above today’s price, yet the valuation grade (58/100) says the stock isn’t cheap.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film