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Side-by-side financial comparison of Dragonfly Energy Holdings Corp. (DFLI) and SS Innovations International, Inc. (SSII). Click either name above to swap in a different company.
SS Innovations International, Inc. is the larger business by last-quarter revenue ($14.5M vs $13.1M, roughly 1.1× Dragonfly Energy Holdings Corp.). SS Innovations International, Inc. runs the higher net margin — -17.0% vs -344.9%, a 327.9% gap on every dollar of revenue. On growth, SS Innovations International, Inc. posted the faster year-over-year revenue change (79.1% vs 6.9%). SS Innovations International, Inc. produced more free cash flow last quarter ($-3.2M vs $-14.9M). Over the past eight quarters, SS Innovations International, Inc.'s revenue compounded faster (99.9% CAGR vs 2.2%).
Dragonfly Energy Holdings Corp. is a U.S.-based energy technology company specializing in designing and manufacturing high-performance, sustainable lithium-ion batteries. Its core offerings include deep-cycle batteries for RVs, marine uses, off-grid power systems, and residential energy storage, primarily serving consumer and small industrial renewable energy markets across North America.
SS Innovations International, Inc. is a global medical technology enterprise specializing in the research, development and manufacturing of innovative surgical robotic systems. It provides high-precision, accessible robotic platforms for minimally invasive surgery, catering to healthcare facilities across multiple regions to boost surgical outcomes and cut procedural burdens.
DFLI vs SSII — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $13.1M | $14.5M |
| Net Profit | $-45.0M | $-2.5M |
| Gross Margin | 18.2% | 43.9% |
| Operating Margin | -78.1% | -3.7% |
| Net Margin | -344.9% | -17.0% |
| Revenue YoY | 6.9% | 79.1% |
| Net Profit YoY | -357.6% | -28.5% |
| EPS (diluted) | $-13.09 | $-0.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $13.1M | $14.5M | ||
| Q3 25 | $16.0M | $12.8M | ||
| Q2 25 | $16.2M | $10.0M | ||
| Q1 25 | $13.4M | $5.1M | ||
| Q4 24 | $12.2M | $8.1M | ||
| Q3 24 | $12.7M | $4.4M | ||
| Q2 24 | $13.2M | $4.5M | ||
| Q1 24 | $12.5M | $3.6M |
| Q4 25 | $-45.0M | $-2.5M | ||
| Q3 25 | $-11.1M | $-3.7M | ||
| Q2 25 | $-7.0M | $-256.7K | ||
| Q1 25 | $-6.8M | $-5.7M | ||
| Q4 24 | $-9.8M | $-1.9M | ||
| Q3 24 | $-6.8M | $-3.2M | ||
| Q2 24 | $-13.6M | $-4.1M | ||
| Q1 24 | $-10.4M | $-9.8M |
| Q4 25 | 18.2% | 43.9% | ||
| Q3 25 | 29.7% | 48.1% | ||
| Q2 25 | 28.3% | 59.1% | ||
| Q1 25 | 29.4% | 21.2% | ||
| Q4 24 | 20.8% | 48.9% | ||
| Q3 24 | 22.6% | 52.8% | ||
| Q2 24 | 24.0% | 31.9% | ||
| Q1 24 | 24.4% | 20.0% |
| Q4 25 | -78.1% | -3.7% | ||
| Q3 25 | -23.7% | -14.3% | ||
| Q2 25 | -20.2% | 1.0% | ||
| Q1 25 | -44.3% | -115.6% | ||
| Q4 24 | -58.5% | -22.7% | ||
| Q3 24 | -47.4% | -73.1% | ||
| Q2 24 | -51.1% | -90.9% | ||
| Q1 24 | -46.7% | -270.3% |
| Q4 25 | -344.9% | -17.0% | ||
| Q3 25 | -69.3% | -29.0% | ||
| Q2 25 | -43.3% | -2.6% | ||
| Q1 25 | -50.9% | -111.0% | ||
| Q4 24 | -80.6% | -23.7% | ||
| Q3 24 | -53.3% | -74.0% | ||
| Q2 24 | -103.2% | -91.8% | ||
| Q1 24 | -82.9% | -270.5% |
| Q4 25 | $-13.09 | $-0.01 | ||
| Q3 25 | $-0.20 | $-0.02 | ||
| Q2 25 | $-0.58 | $0.00 | ||
| Q1 25 | $-0.93 | $-0.03 | ||
| Q4 24 | $-54.60 | $-0.01 | ||
| Q3 24 | $-0.11 | $-0.02 | ||
| Q2 24 | $-0.22 | $-0.02 | ||
| Q1 24 | $-0.17 | $-0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.3M | $3.2M |
| Total DebtLower is stronger | $19.3M | — |
| Stockholders' EquityBook value | $11.5M | $38.2M |
| Total Assets | $86.5M | $74.2M |
| Debt / EquityLower = less leverage | 1.68× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.3M | $3.2M | ||
| Q3 25 | $3.8M | $5.7M | ||
| Q2 25 | $2.7M | $11.4M | ||
| Q1 25 | $2.5M | $15.9M | ||
| Q4 24 | $4.8M | $466.5K | ||
| Q3 24 | $8.0M | $220.4K | ||
| Q2 24 | $4.7M | $608.2K | ||
| Q1 24 | $8.5M | $948.1K |
| Q4 25 | $19.3M | — | ||
| Q3 25 | $97.1M | — | ||
| Q2 25 | $93.2M | — | ||
| Q1 25 | $89.5M | — | ||
| Q4 24 | $85.9M | — | ||
| Q3 24 | $82.4M | — | ||
| Q2 24 | $80.4M | — | ||
| Q1 24 | $77.1M | — |
| Q4 25 | $11.5M | $38.2M | ||
| Q3 25 | $-21.6M | $39.6M | ||
| Q2 25 | $-16.6M | $42.0M | ||
| Q1 25 | $-15.6M | $40.6M | ||
| Q4 24 | $-9.4M | $13.5M | ||
| Q3 24 | $-297.0K | $13.7M | ||
| Q2 24 | $5.3M | $14.8M | ||
| Q1 24 | $17.8M | $16.7M |
| Q4 25 | $86.5M | $74.2M | ||
| Q3 25 | $73.8M | $69.6M | ||
| Q2 25 | $71.8M | $70.0M | ||
| Q1 25 | $74.2M | $63.5M | ||
| Q4 24 | $75.2M | $42.4M | ||
| Q3 24 | $83.9M | $39.0M | ||
| Q2 24 | $85.0M | $35.7M | ||
| Q1 24 | $88.4M | $35.2M |
| Q4 25 | 1.68× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 15.27× | — | ||
| Q1 24 | 4.33× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-14.7M | $-1.5M |
| Free Cash FlowOCF − Capex | $-14.9M | $-3.2M |
| FCF MarginFCF / Revenue | -113.8% | -22.3% |
| Capex IntensityCapex / Revenue | 1.1% | 11.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-22.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-14.7M | $-1.5M | ||
| Q3 25 | — | $-7.5M | ||
| Q2 25 | — | $-3.5M | ||
| Q1 25 | $-4.5M | $-6.1M | ||
| Q4 24 | $-2.5M | $-3.3M | ||
| Q3 24 | — | $-2.5M | ||
| Q2 24 | — | $-1.0M | ||
| Q1 24 | $-3.4M | $-2.7M |
| Q4 25 | $-14.9M | $-3.2M | ||
| Q3 25 | — | $-8.2M | ||
| Q2 25 | — | $-3.8M | ||
| Q1 25 | $-5.3M | $-7.0M | ||
| Q4 24 | $-3.5M | $-3.4M | ||
| Q3 24 | — | $-4.2M | ||
| Q2 24 | — | $-3.1M | ||
| Q1 24 | $-4.2M | $-2.8M |
| Q4 25 | -113.8% | -22.3% | ||
| Q3 25 | — | -64.1% | ||
| Q2 25 | — | -37.7% | ||
| Q1 25 | -39.6% | -136.2% | ||
| Q4 24 | -28.6% | -41.7% | ||
| Q3 24 | — | -96.9% | ||
| Q2 24 | — | -69.5% | ||
| Q1 24 | -33.7% | -76.9% |
| Q4 25 | 1.1% | 11.8% | ||
| Q3 25 | — | 5.9% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | 5.8% | 17.0% | ||
| Q4 24 | 8.1% | 1.5% | ||
| Q3 24 | — | 38.8% | ||
| Q2 24 | — | 46.8% | ||
| Q1 24 | 6.5% | 3.5% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DFLI
| Original Equipment Manufacturers | $8.1M | 62% |
| Sales Channel Directly To Consumer | $4.7M | 36% |
SSII
| System Sales | $13.4M | 92% |
| Other | $1.2M | 8% |