Filing Flows › SS Innovations International (SSII) › Q1 2025
SS Innovations International (SSII) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
SS Innovations International (SSII) reported revenue of $5.1M for the first quarter 2025 (Q1 2025), +41% from a year earlier and -37% from the quarter before. Operating margin was -115.6%, net loss $5.7M (111.0% of revenue).
SS Innovations International, Q1 2025: revenue $5.1M (+41% year over year), operating margin -115.6%, net loss $5.7M, operating cash flow −$6.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1M | -37% | +41% |
| Operating profit | −$5.9M | — | — |
| Net earnings | −$5.7M | — | — |
| Operating cash flow | −$6.1M | — | — |
What changed
Revenue was $5.1M in Q1 2025, up 41% year over year and down 37% from the previous quarter. System Sales was the largest line at 88% of revenue. System Sales added $1.0M year over year (up 29%), 68% of the total change.
Gross margin was 21.2%, up 1.2 points from a year earlier. Operating costs exceeded revenue by $5.9M, an operating margin of -115.6%. Operating expenses fell 34% while revenue rose 41%. The fastest-growing cost line was Research & development (+91%). The quarter ended with a net loss of $5.7M, wider than the previous quarter's $1.9M loss.
Operating cash flow was −$6.1M. Non-cash charges added back $209K of depreciation and $2.4M of share-based compensation. Working capital and other items used $3.0M. Capital expenditures of $873K exceeded it, leaving free cash flow of −$7.0M.
Questions
What was SS Innovations International's revenue in the first quarter 2025?
SS Innovations International (SSII) reported revenue of $5.1M for the first quarter 2025 (Q1 2025), +41% from a year earlier and -37% from the quarter before.
Was SS Innovations International profitable in the first quarter 2025?
Operating loss was $5.9M (-115.6% of revenue) and net loss $5.7M.