Flagship explainer

How SI-BONE, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$201M · 100%Cost of revenue$41M · 20%Gross profit$160M · 80%Operating income−$22.3M · −11%Income before tax−$18.9M · −9%Income tax$0 · 0%Net income−$18.9M · −9%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$201M100%
Cost of revenue$41M20%
$160M80%
−$22.3M−11%
Income before tax−$18.9M−9%
Income tax$00%
−$18.9M−9%
Source: · event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set
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