SS Innovations International, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $42.5M | $20.6M | $5.9M | $1.4M | — |
| Cost of revenue | $22.9M | $12.2M | $5.1M | $1.4M | — |
| Gross profit | $19.5M | $8.5M | $725,528 | $60,577 | — |
| Selling, general & administrative | $14.8M | $10.2M | $10.1M | $1.9M | — |
| Research and development | $3.7M | $2.5M | $1.1M | $987,443 | $1,000 |
| Operating expenses | $27.7M | $27.4M | $21.0M | $3.0M | $1.4M |
| Operating income | -$8.2M | -$19.0M | -$20.3M | -$3.0M | — |
| Interest expense | $1.1M | $973,235 | $523,356 | $161,999 | — |
| Pretax income | -$8.2M | -$19.2M | -$20.9M | -$3.2M | -$1.5M |
| Income tax expense | $4.0M | — | — | $0 | $0 |
| Net income | -$12.1M | -$19.2M | -$20.9M | -$3.2M | -$1.5M |
| Balance Sheet | |||||
| Cash and equivalents | $3.2M | $466,500 | $2.0M | $217,177 | $405,774 |
| Current assets | $48.8M | $27.4M | $21.4M | $4.1M | $408,065 |
| Total assets | $74.2M | $42.4M | $31.5M | $7.0M | $428,607 |
| Current liabilities | $26.2M | $21.3M | $8.5M | $7.8M | $287,281 |
| Total liabilities | $36.0M | $28.9M | $11.8M | $9.7M | — |
| Stockholders' equity | $38.2M | $13.5M | $19.7M | -$2.7M | $585,611 |
| Cash Flow Statement | |||||
| Cash from operations | -$18.5M | -$9.5M | -$15.4M | -$6.0M | -$363,034 |
| Depreciation and amortization | $1.1M | $436,005 | $162,623 | $128,901 | $18,787 |
| Stock-based compensation | $8.1M | $14.3M | $9.7M | $865,468 | $767,237 |
| Capital expenditure | $3.7M | $661,479 | $453,327 | $220,324 | — |
| Free cash flow | -$22.2M | -$10.2M | -$15.8M | -$6.2M | — |
| Share repurchases | — | — | — | — | $26,000 |
Shares outstanding 200.1M · Free float 20.5%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.