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SSII on Nasdaq

SS Innovations International, Inc.

SS Innovations International, Inc. is an American surgical and medical instruments and apparatus company.2 It is headquartered in Fort Lauderdale, United States.2 Its shares trade on Nasdaq under the symbol SSII.2

$2.65 down 0.06 (2.04%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 21, 2026.

Overview

Compare with KORU Medical Systems, Inc., Brainsway Ltd. or SANUWAVE Health, Inc., or pick any stock.

  • TickerSSII on Nasdaq2
  • IndustrySurgical & Medical Instruments & Apparatus2
  • HeadquartersFort Lauderdale, United States2
  • Incorporated inFL4
  • Business address405, 3Rd Floor, Ilabs Info Tech Centre, Udyog Vihar, Phase Iii, Gurugram, 1220164
  • Filer categoryNon-accelerated filer, Smaller reporting company4
  • Legal formCorporation2
  • LEI549300R1NOCJPRJEMP712
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O COHEN, BARRY F, 33316 Fort Lauderdale, United States2
  • Registered withFlorida Division of Corporations, P150000117222

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Floor, iLabs Info Technology Centre, Udyog Vihar, Phase III, Gurugram, Haryana 122016, India. Our telephone number is +91 73375 53469.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

46.0%Gross margin6
-19.3%Operating margin6
-28.5%Net margin6
105.7%Revenue growth, 20256
-31.7%Return on equity6
-$22.2MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

System Sales brought in 90% of the revenue SS Innovations International, Inc. broke down this way in fiscal 2025.

  1. System Sales$38.4M690%up 97% from 2024
  2. Instruments Sale$3.2M67%up 238% from 2024
  3. Warranty Sale$877.0K62%up 394% from 2024
  4. Lease Income$70.9K60%down 1% from 2024
Products and services by year
Products and services20242025
System Sales$19.5M$38.4M
Instruments Sale$942.5K$3.2M
Warranty Sale$177.5K$877.0K
Lease Income$71.7K$70.9K

Regions

India brought in 87% of the revenue SS Innovations International, Inc. broke down this way in fiscal 2025.

  1. India$36.8M687%up 93% from 2024
  2. PH$2.2M65%
  3. ID$1.0M62%up 70% from 2024
  4. South America$1.0M62%up 115% from 2024
  5. IQ$766.3K62%
  6. CY$522.3K61%
  7. OM$85.4K60%
  8. AE$31.3K60%
  9. NP$18.7K60%down 96% from 2024
Regions by year
Regions20242025
India$19.1M$36.8M
PH$2.2M
ID$595.9K$1.0M
South America$468.2K$1.0M
IQ$766.3K
CY$522.3K
OM$85.4K
AE$31.3K
NP$501.7K$18.7K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue50¢$22.9M
  • Research and development8¢$3.7M
  • Selling, general and admin33¢$14.8M
  • Income tax9¢$4.0M

Out of $42.5M in revenue.6 The company lost money this year.

Financial statements

Revenue76$42.5M in 2025+2858% since 2022
0$20.0M$40.0M$60.0M2022: $1.4M$1.4M20222023: $5.9M$5.9M2023+309%2024: $20.6M$20.6M2024+251%2025: $42.5M$42.5M2025+106%
Gross profit786$19.5M in 2025+32163% since 2022
0$5.0M$10.0M$15.0M$20.0M2022: $60.6K$60.6K20222023: $725.5K$725.5K2023+1098%2024: $8.5M$8.5M2024+1065%2025: $19.5M$19.5M2025+131%
Operating income786-$8.2M in 2025+177% since 2022
-$30.0M-$20.0M-$10.0M02022: -$3.0M-$3.0M20222023: -$20.3M-$20.3M2023+585%2024: -$19.0M-$19.0M2024−6%2025: -$8.2M-$8.2M2025−57%
Net income91011786-$12.1M in 2025+258% since 2019
-$30.0M-$20.0M-$10.0M02019: -$3.4M-$3.4M20192020: -$1.1M-$1.1M2020−67%2021: -$1.5M-$1.5M2021+32%2022: -$3.2M-$3.2M2022+117%2023: -$20.9M-$20.9M2023+550%2024: -$19.2M-$19.2M2024−8%2025: -$12.1M-$12.1M2025−37%
Fiscal year2019202020212022202320242025
Revenue$1.4M7$5.9M7$20.6M6$42.5M6
Cost of revenue$1.4M7$5.1M8$12.2M6$22.9M6
Gross profit$60.6K7$725.5K8$8.5M6$19.5M6
Research and development$60.9K9$3.0K10$1.0K11$987.4K7$1.1M8$2.5M6$3.7M6
Selling, general and admin$1.9M7$10.1M8$10.2M6$14.8M6
Operating expenses$1.4M11$3.0M7$21.0M8$27.4M6$27.7M6
Operating income-$3.0M7-$20.3M8-$19.0M6-$8.2M6
Interest$19.7K9$1.1K10$162.0K14$523.4K14
Income before tax-$1.5M11-$3.2M7-$20.9M8-$19.2M6-$8.2M6
Income tax$4.0M6
Net income-$3.4M9-$1.1M10-$1.5M11-$3.2M7-$20.9M8-$19.2M6-$12.1M6
Earnings per share-$0.169-$0.0510-$0.0511-$0.037-$0.148-$0.116-$0.066
Earnings per share (diluted)-$0.169-$0.0510-$0.0511-$0.037-$0.148-$0.116-$0.066
Shares (weighted, basic)28.5M shares11128.2M shares7144.9M shares8170.8M shares6190.0M shares6
Shares (weighted, diluted)28.5M shares11128.2M shares7152.1M shares8181.2M shares6198.7M shares6

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Corporate structure

SS Innovations International, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of SS Innovations International, Inc.

  • Sudhir Srivastava Filed SCHEDULE 13G/A on SS Innovations International, Inc., latest May 4, 2026 (4 filings since Feb 9, 2024)
  • Frederic H. Moll Filed SCHEDULE 13G/A on SS Innovations International, Inc., latest May 15, 2025 (3 filings since Feb 14, 2024)
  • Barry F. Cohen Filed SCHEDULE 13G on SS Innovations International, Inc., latest Feb 13, 2025
  • Ranjan R. Pai Filed SCHEDULE 13G/A on SS Innovations International, Inc., latest Feb 12, 2025 (2 filings since Dec 2, 2024)
  • SS Innovations International, Inc. Fort Lauderdale, Florida, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What SS Innovations International, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Accumulated depreciation$1.5M6 Dec 31, 2025$645.5K6 Dec 31, 2024+139.5%
Property and equipment, net$9.1M6 Dec 31, 2025$5.4M6 Dec 31, 2024+69.0%
Operating-lease assets (leased space)$2.8M6 Dec 31, 2025$2.6M6 Dec 31, 2024+5.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$3.2M6 Dec 31, 2025$466.5K6 Dec 31, 2024+587.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$17.1M6 Dec 31, 2025$10.2M6 Dec 31, 2024+67.2%
Raw materials$502.4K6 Dec 31, 2025$970.0K6 Dec 31, 2024−48.2%
Work in process$1.4M6 Dec 31, 2025$1.4M6 Dec 31, 2024−0.6%
Finished goods$8.7M6 Dec 31, 2025$4.3M6 Dec 31, 2024+102.3%

Properties, in its own words

We lease approximately 75,000 square feet in Gurugram, Delhi NCR, India, which serves as our headquarters as well as our manufacturing facility. The facility, spread over three floors, is leased pursuant to a nine-year lease expiring in March 2030 for the third floor, another nine-year lease expiring in May 2032 for the ground floor, another six-year lease expiring in July 2030 for the first floor and a five-year lease expiring in March 2030 for Basement 3. All the leases are further renewable under similar mutually agreed terms.

Item 2 of the 10-K filed Mar 10, 2026.5

Leadership

Who has led SS Innovations International, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Sudhir Srivastava2023–2026
  2. Pascual Srivastava Vishwajyoti2026–now

Chair

  1. Sudhir Srivastava2023–now

President

  1. Pascual Srivastava Vishwajyoti2023

Chief financial officer

  1. Kumar Sethi Anup2023–2025
  2. Arvind Palaniappan Palaniappan2025
  3. Naveen Kumar Amar2025–2026
  4. Milan Rao2026
  5. Sarah Romano2026–now

Chief operating officer

  1. Milan Rao2026–now
2025
Board members and other officers (5)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Chief Operating Officer - Americas and DirectorBarry F. Cohen named Feb 27, 2024 to Mar 19, 202629
  • Chief Executive Officer - Asia Pacific and DirectorVishwajyoti P. Srivastava named Feb 27, 2024 to Mar 19, 202629
  • Executive OfficerAnup Kumar Sethi named Feb 27, 202430
  • DirectorMylswamy F. Annadurai named Feb 27, 2024 to Mar 19, 202629
  • DirectorS.P. F. Somashekhar named Feb 27, 2024 to Mar 19, 202629

Former names

  • AVRA Medical Robotics, Inc.Jun 3, 2016 to Apr 14, 20234

Timeline

  1. Oct 13, 20268-K Entered a material agreement; New debt or obligation31
  2. Oct 13, 20268-K Other events32
  3. Oct 5, 20268-K Regulation FD disclosure33
  4. Sep 10, 20268-K Other events34
  5. Aug 26, 20268-K Executive or director change35
  6. Aug 13, 20268-K Results of operations; Regulation FD disclosure36
  7. Jul 17, 20268-K Other events37
  8. Jul 14, 20268-K Executive or director change38
  9. Jul 7, 20268-K Other events39
  10. Jun 30, 20268-K Other events40
  11. Jun 18, 20268-K Entered a material agreement41
  12. Jun 15, 20268-K Regulation FD disclosure42
  13. Feb 20, 2026New chief executive Pascual Srivastava Vishwajyoti becomes CEO16
  14. Nov 9, 2023New chief executive Sudhir Srivastava becomes CEO17
  15. Feb 4, 2015Founded SS Innovations International, Inc. is founded2

Calendar

Coming up

  1. Oct 27, 2026Reports results for the quarter ending Sep/202643

When it reported results

  1. Aug 13, 2026Reported quarterly or annual results36
  2. May 13, 2026Reported quarterly or annual results44
  3. Mar 10, 2026Reported quarterly or annual results45
  4. Jan 13, 2026Reported quarterly or annual results46
  5. Oct 28, 2025Reported quarterly or annual results47
  6. Aug 7, 2025Reported quarterly or annual results48
  7. May 14, 2025Reported quarterly or annual results49
  8. Mar 31, 2025Reported quarterly or annual results50

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

263 filings to the SEC since October 2021: 10 annual reports, 25 quarterly reports, 104 major events, 93 insider forms, 10 large holders, 2 private raises, 19 other. The latest 20:

  1. Oct 13, 20268-K CURRENT REPORT EDGAR
  2. Oct 13, 20268-K CURRENT REPORT EDGAR
  3. Oct 9, 20264 EDGAR
  4. Oct 9, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
  5. Oct 5, 20268-K CURRENT REPORT EDGAR
  6. Sep 10, 20268-K CURRENT REPORT EDGAR
  7. Sep 9, 20264 EDGAR
  8. Aug 26, 20268-K CURRENT REPORT EDGAR
  9. Aug 14, 20264 EDGAR
  10. Aug 13, 20268-K CURRENT REPORT EDGAR
  11. Aug 13, 202610-Q QUARTERLY REPORT EDGAR
  12. Aug 4, 20263 EDGAR
  13. Jul 17, 20268-K CURRENT REPORT EDGAR
  14. Jul 14, 20268-K CURRENT REPORT EDGAR
  15. Jul 7, 20268-K CURRENT REPORT EDGAR
  16. Jun 30, 20268-K CURRENT REPORT EDGAR
  17. Jun 18, 20268-K CURRENT REPORT EDGAR
  18. Jun 18, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
  19. Jun 15, 20268-K CURRENT REPORT EDGAR
  20. Jun 8, 2026S-8 REGISTRATION STATEMENT EDGAR

The 263 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

58 open-market trades by officers, directors and large owners since October 2021: 46 buys and 12 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 4, 2026Sudhir SrivastavaChairman and CEOSale33,333$3.00$100.0KForm 4
Mar 6, 2026MOLL FREDERIC HDirectorBuy501,253$3.99$2.0MForm 4
Mar 6, 2026Adams Timothy P.DirectorBuy300,000$3.99$1.2MForm 4
Mar 6, 2026Sudhir SrivastavaChairman and CEOBuy498,753$4.01$2.0MForm 4
Apr 22, 2025Cohen Barry FCOO - AmericasBuy326$8.97$2.9KForm 4
Apr 22, 2025Cohen Barry FCOO - AmericasBuy326$8.97$2.9KForm 4
Apr 17, 2025Cohen Barry FCOO - AmericasBuy100$8.75$875Form 4
Apr 17, 2025Cohen Barry FCOO - AmericasBuy100$8.75$875Form 4
Apr 16, 2025Cohen Barry FCOO - AmericasBuy107$9.50$1.0KForm 4
Apr 14, 2025Cohen Barry FCOO - AmericasBuy103$8.93$920Form 4
Apr 10, 2025Cohen Barry FCOO - AmericasBuy200$8.93$1.8KForm 4
Apr 9, 2025Cohen Barry FCOO - AmericasBuy300$8.47$2.5KForm 4
Apr 8, 2025Cohen Barry FCOO - AmericasBuy500$9.16$4.6KForm 4
Apr 2, 2025Cohen Barry FCOO - AmericasBuy420$9.20$3.9KForm 4
Apr 1, 2025Cohen Barry FCOO - AmericasBuy2,570$9.72$25.0KForm 4
Mar 31, 2025Cohen Barry FCOO - AmericasBuy100$10.00$1.0KForm 4
Feb 20, 2025MOLL FREDERIC HDirectorBuy3,645,224$1.37$5.0MForm 4
Feb 20, 2025SRIVASTAVA SUDHIRChairman and CEOSale3,645,224$1.37$5.0MForm 4
Feb 14, 2025Adams Timothy P.DirectorBuy1,250,000$1.37$1.7MForm 4
Feb 14, 2025SRIVASTAVA SUDHIRChairman and CEOSale1,250,000$1.37$1.7MForm 4

All 58 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • Sudhir SrivastavaSCHEDULE 13G/A, 4 filings Feb 9, 2024 to May 4, 202651
  • Frederic H. MollSCHEDULE 13G/A, 3 filings Feb 14, 2024 to May 15, 202552
  • Barry F. CohenSCHEDULE 13G, 1 filing Feb 13, 202553
  • Ranjan R. PaiSCHEDULE 13G/A, 2 filings Dec 2, 2024 to Feb 12, 202554

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Mar 6, 2026Raised $18.6 million in a private offering of equity Form D: 25 investors so far Form D
  2. Feb 14, 2024Raised $2.5 million in a private offering of debt Form D: $4 million offered in all Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Hood River Capital Management LLC833,333$3.5M0.0%No change
Inspire Investing, LLC186,297$773.1K0.0%+81,673
Eversept Partners, LP110,157$457.2K0.0%No change
JNBA Financial Advisors102,291$424.5K0.0%−14,646
UBS Group AG51,208$212.5K0.0%−104,333
AlphaCentric Advisors LLC50,000$207.5K0.2%No change
Geode Capital Management, LLC41,771$173.3K0.0%+5,495
Forum Financial Management, LP38,469$159.6K0.0%No change
AlTi Global, Inc.20,555$85.3K0.0%No change
Mariner, LLC19,211$79.7K0.0%+554
IFC & Insurance Marketing, Inc.18,655$77.4K0.1%+1,925
Y-Intercept (Hong Kong) Ltd17,934$74.4K0.0%New
State Street Corp14,522$60.3K0.0%−1,064
PNC Financial Services Group, Inc.13,627$56.6K0.0%No change
Morgan Stanley3,000$12.4K0.0%No change
Steward Partners Investment Advisory, LLC1,100$4.6K0.0%No change
NFSG Corp916$3.8K0.0%−400
Jones Financial Companies Lllp376$1.3K0.0%No change
Basecamp Wealth Advisors LLC300$1.2K0.0%No change
Handelsbanken Fonder AB120,000$4980.0%No change
Osaic Holdings, Inc.10$410.0%No change
Royal Bank Of Canada85$00.0%−165

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How SS Innovations International, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSS Innovations International, Inc.1
  • CIK0001676163
  • Employer ID (EIN)47-34788545
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
  • Incorporated inFlorida5
  • Fiscal year endsDecember 311
  • Industry code (SIC)3841 Surgical & Medical Instruments & Apparatus1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address405, 3Rd Floor, Ilabs Info Tech Centre, Udyog Vihar, Phase Iii, Gurugram, Haryana 122016, India1
  • Phone(954) 478-14101
  • Shares outstanding200,385,435 as of Aug 12, 202613
  • Public float$270.1M as of Jun 30, 20255
  • AuditorBDO India Services Private Limited, Gurugram, India PCAOB ID 6074; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceJun 3, 20161
  • Filings308 in all: 8-K (113), 4 (76), 10-Q (28), 3 (12), 10-K (9), 10-Q/A (6), CORRESP (6), SCHEDULE 13G/A (6)1
    All 31 form types

    UPLOAD (6), 10-K/A (4), D (4), S-1 (4), 4/A (3), 424B5 (3), EFFECT (3), NT 10-K (3), S-1/A (3), SC 13G (3), 3/A (2), RW (2), S-8 (2), 8-A12B (1), 8-A12G (1), 8-K/A (1), CERT (1), DRS (1), NT 10-Q (1), POS AM (1), S-3 (1), SCHEDULE 13G (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (10-K) Mar 10, 2026
    Quarterly report (10-Q) Aug 13, 2026
    Latest 8-K (8-K) Oct 13, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.0001 per shareSSIINasdaq

From the cover page of the 10-K filed Mar 10, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

Legal proceedings

On May 26, 2020, Quinn Emmanuel filed a petition in the Supreme Court of the State of New York, New York County against Avra Surgical, the Company (then known as Avra Medical Robotics, Inc.), Barry F. Cohen, Jared B. Stamell, an attorney affiliated with Avra Surgical, and various individuals who at that time were or had been affiliated with Avra Surgical and or us (collectively, “Respondents”). The petition sought to recover the legal fees from the Respondents on the basis that they were “alter egos” of Avra Surgical.

As we and Mr. Cohen never received notice of the filing of the petition or of subsequent proceedings (although Quinn Emmanuel filed affidavits with the court stating that they had been duly served), neither we nor Mr. Cohen entered an appearance in the matter.

In early 2024, we learned from a third party that in November 2020, the court had rendered a decision holding that we and Messrs. Cohen and Stamell were “alter egos” of Avra Surgical and therefore were liable for payment of the Quinn Emmanuel legal fees. In addition, we also learned that in December 2023, the court ordered the entry of a judgment against Avra Surgical, us and Messrs. Cohen and Stamell in the amount of $296,000 plus interest from November 2020.

In 2023, Mr. Stamell appealed the judgement against him on the basis that Quinn Emmanuel had not presented any evidence to support the finding that Mr. Stamell was an alter ego of Avra Surgical or that Avra Surgical had transferred any assets to us. The Appellate Division, First Department ruled in favor of Mr. Stamell and in December 2024 entered an order vacating the judgment against him.

The opening of Item 3, Legal Proceedings.5

Sources

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