Filing Flows › SS Innovations International (SSII) › Q1 2026
SS Innovations International (SSII) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
SS Innovations International (SSII) reported revenue of $11.1M for the first quarter 2026 (Q1 2026), +117% from a year earlier and -24% from the quarter before. Operating margin was -32.8%, net loss $3.6M (32.3% of revenue).
SS Innovations International, Q1 2026: revenue $11.1M (+117% year over year), operating margin -32.8%, net loss $3.6M, operating cash flow −$2.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.1M | -24% | +117% |
| Operating profit | −$3.6M | — | — |
| Net earnings | −$3.6M | — | — |
| Operating cash flow | −$2.3M | — | — |
What changed
Revenue was $11.1M in Q1 2026, up 117% year over year and down 24% from the previous quarter. System Sales was the largest line at 86% of revenue. System Sales added $5.1M year over year (up 113%), 85% of the total change. Lease Income declined 7%.
Gross margin was 48.0%, up 26.8 points from Q1 2025. Operating costs exceeded revenue by $3.6M, an operating margin of -32.8%. Operating expenses grew 28% against revenue growth of 117%. The fastest-growing cost line was Other operating costs (+34%). The quarter ended with a net loss of $3.6M, wider than the previous quarter's $2.5M loss.
Operating cash flow was −$2.3M. Non-cash charges added back $324K of depreciation and $3.1M of share-based compensation. Working capital and other items used $2.2M. Capital expenditures of $54K exceeded it, leaving free cash flow of −$2.4M.
Questions
What was SS Innovations International's revenue in the first quarter 2026?
SS Innovations International (SSII) reported revenue of $11.1M for the first quarter 2026 (Q1 2026), +117% from a year earlier and -24% from the quarter before.
Was SS Innovations International profitable in the first quarter 2026?
Operating loss was $3.6M (-32.8% of revenue) and net loss $3.6M.