Filing Flows › SS Innovations International (SSII) › Q4 2025
SS Innovations International (SSII) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 10, 2026
SS Innovations International (SSII) reported revenue of $14.5M for the fourth quarter 2025 (Q4 2025), +79% from a year earlier and +13% from the quarter before. Operating margin was -5.1%, net loss $2.5M (17.0% of revenue).
SS Innovations International, Q4 2025: revenue $14.5M (+79% year over year), operating margin -5.1%, net loss $2.5M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.5M | +13% | +79% |
| Operating profit | −$735K | — | — |
| Net earnings | −$2.5M | — | — |
| Operating cash flow | −$1.5M | — | — |
What changed
Revenue was $14.5M in Q4 2025, up 79% year over year and up 13% from the previous quarter. System Sales was the largest line at 92% of revenue.
Gross margin was 43.9%, down 5.0 points from Q4 2024. Operating costs exceeded revenue by $735K, an operating margin of -5.1%. Operating expenses grew 22% against revenue growth of 79%. The fastest-growing cost line was Research & development (+83%). The quarter ended with a net loss of $2.5M, narrower than the previous quarter's $3.7M loss.
Operating cash flow was −$1.5M. Non-cash charges added back $309K of depreciation and $2.0M of share-based compensation. Working capital and other items used $1.4M. Capital expenditures of $1.7M exceeded it, leaving free cash flow of −$3.2M.
Questions
What was SS Innovations International's revenue in the fourth quarter 2025?
SS Innovations International (SSII) reported revenue of $14.5M for the fourth quarter 2025 (Q4 2025), +79% from a year earlier and +13% from the quarter before.
Was SS Innovations International profitable in the fourth quarter 2025?
Operating loss was $735K (-5.1% of revenue) and net loss $2.5M.