vs

Side-by-side financial comparison of MODIV INDUSTRIAL, INC. (MDV) 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 $11.1M, roughly 1.3× MODIV INDUSTRIAL, INC.). MODIV INDUSTRIAL, INC. runs the higher net margin — 11.0% vs -17.0%, a 28.0% gap on every dollar of revenue. On growth, SS Innovations International, Inc. posted the faster year-over-year revenue change (79.1% vs -5.6%). Over the past eight quarters, SS Innovations International, Inc.'s revenue compounded faster (99.9% CAGR vs -3.8%).

MODIV INDUSTRIAL, INC. is a U.S.-based industrial real estate enterprise focused on acquiring, owning and operating high-quality industrial properties mainly located in key logistics and distribution hubs across North America. It serves tenants from sectors including e-commerce fulfillment, manufacturing and third-party logistics, addressing rising demand for modern supply chain infrastructure.

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.

MDV vs SSII — Head-to-Head

Bigger by revenue
SSII
SSII
1.3× larger
SSII
$14.5M
$11.1M
MDV
Growing faster (revenue YoY)
SSII
SSII
+84.7% gap
SSII
79.1%
-5.6%
MDV
Higher net margin
MDV
MDV
28.0% more per $
MDV
11.0%
-17.0%
SSII
Faster 2-yr revenue CAGR
SSII
SSII
Annualised
SSII
99.9%
-3.8%
MDV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MDV
MDV
SSII
SSII
Revenue
$11.1M
$14.5M
Net Profit
$1.2M
$-2.5M
Gross Margin
43.9%
Operating Margin
45.8%
-3.7%
Net Margin
11.0%
-17.0%
Revenue YoY
-5.6%
79.1%
Net Profit YoY
-22.0%
-28.5%
EPS (diluted)
$0.02
$-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.

Revenue
MDV
MDV
SSII
SSII
Q4 25
$11.1M
$14.5M
Q3 25
$11.7M
$12.8M
Q2 25
$11.8M
$10.0M
Q1 25
$11.8M
$5.1M
Q4 24
$11.7M
$8.1M
Q3 24
$11.7M
$4.4M
Q2 24
$11.4M
$4.5M
Q1 24
$12.0M
$3.6M
Net Profit
MDV
MDV
SSII
SSII
Q4 25
$1.2M
$-2.5M
Q3 25
$1.0M
$-3.7M
Q2 25
$-2.0M
$-256.7K
Q1 25
$829.0K
$-5.7M
Q4 24
$1.6M
$-1.9M
Q3 24
$-587.0K
$-3.2M
Q2 24
$1.3M
$-4.1M
Q1 24
$3.7M
$-9.8M
Gross Margin
MDV
MDV
SSII
SSII
Q4 25
43.9%
Q3 25
48.1%
Q2 25
59.1%
Q1 25
21.2%
Q4 24
48.9%
Q3 24
52.8%
Q2 24
31.9%
Q1 24
20.0%
Operating Margin
MDV
MDV
SSII
SSII
Q4 25
45.8%
-3.7%
Q3 25
41.4%
-14.3%
Q2 25
9.8%
1.0%
Q1 25
40.2%
-115.6%
Q4 24
45.4%
-22.7%
Q3 24
42.0%
-73.1%
Q2 24
44.6%
-90.9%
Q1 24
55.6%
-270.3%
Net Margin
MDV
MDV
SSII
SSII
Q4 25
11.0%
-17.0%
Q3 25
9.0%
-29.0%
Q2 25
-17.1%
-2.6%
Q1 25
7.0%
-111.0%
Q4 24
13.3%
-23.7%
Q3 24
-5.0%
-74.0%
Q2 24
11.6%
-91.8%
Q1 24
31.1%
-270.5%
EPS (diluted)
MDV
MDV
SSII
SSII
Q4 25
$0.02
$-0.01
Q3 25
$0.00
$-0.02
Q2 25
$-0.32
$0.00
Q1 25
$-0.01
$-0.03
Q4 24
$0.07
$-0.01
Q3 24
$-0.18
$-0.02
Q2 24
$0.03
$-0.02
Q1 24
$0.33
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MDV
MDV
SSII
SSII
Cash + ST InvestmentsLiquidity on hand
$14.4M
$3.2M
Total DebtLower is stronger
$261.5M
Stockholders' EquityBook value
$162.7M
$38.2M
Total Assets
$476.5M
$74.2M
Debt / EquityLower = less leverage
1.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MDV
MDV
SSII
SSII
Q4 25
$14.4M
$3.2M
Q3 25
$8.3M
$5.7M
Q2 25
$5.8M
$11.4M
Q1 25
$6.2M
$15.9M
Q4 24
$11.5M
$466.5K
Q3 24
$6.8M
$220.4K
Q2 24
$18.9M
$608.2K
Q1 24
$18.4M
$948.1K
Total Debt
MDV
MDV
SSII
SSII
Q4 25
$261.5M
Q3 25
$279.7M
Q2 25
$279.7M
Q1 25
$279.7M
Q4 24
$279.8M
Q3 24
$279.7M
Q2 24
$279.7M
Q1 24
$279.6M
Stockholders' Equity
MDV
MDV
SSII
SSII
Q4 25
$162.7M
$38.2M
Q3 25
$164.8M
$39.6M
Q2 25
$165.6M
$42.0M
Q1 25
$171.1M
$40.6M
Q4 24
$190.1M
$13.5M
Q3 24
$186.3M
$13.7M
Q2 24
$187.0M
$14.8M
Q1 24
$188.0M
$16.7M
Total Assets
MDV
MDV
SSII
SSII
Q4 25
$476.5M
$74.2M
Q3 25
$499.6M
$69.6M
Q2 25
$498.9M
$70.0M
Q1 25
$506.8M
$63.5M
Q4 24
$507.8M
$42.4M
Q3 24
$507.4M
$39.0M
Q2 24
$519.5M
$35.7M
Q1 24
$522.5M
$35.2M
Debt / Equity
MDV
MDV
SSII
SSII
Q4 25
1.61×
Q3 25
1.70×
Q2 25
1.69×
Q1 25
1.63×
Q4 24
1.47×
Q3 24
1.50×
Q2 24
1.50×
Q1 24
1.49×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MDV
MDV
SSII
SSII
Operating Cash FlowLast quarter
$15.0M
$-1.5M
Free Cash FlowOCF − Capex
$-3.2M
FCF MarginFCF / Revenue
-22.3%
Capex IntensityCapex / Revenue
11.8%
Cash ConversionOCF / Net Profit
12.34×
TTM Free Cash FlowTrailing 4 quarters
$-22.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MDV
MDV
SSII
SSII
Q4 25
$15.0M
$-1.5M
Q3 25
$4.1M
$-7.5M
Q2 25
$3.9M
$-3.5M
Q1 25
$3.0M
$-6.1M
Q4 24
$18.2M
$-3.3M
Q3 24
$5.1M
$-2.5M
Q2 24
$4.7M
$-1.0M
Q1 24
$3.0M
$-2.7M
Free Cash Flow
MDV
MDV
SSII
SSII
Q4 25
$-3.2M
Q3 25
$-8.2M
Q2 25
$-3.8M
Q1 25
$-7.0M
Q4 24
$-3.4M
Q3 24
$-4.2M
Q2 24
$-3.1M
Q1 24
$-2.8M
FCF Margin
MDV
MDV
SSII
SSII
Q4 25
-22.3%
Q3 25
-64.1%
Q2 25
-37.7%
Q1 25
-136.2%
Q4 24
-41.7%
Q3 24
-96.9%
Q2 24
-69.5%
Q1 24
-76.9%
Capex Intensity
MDV
MDV
SSII
SSII
Q4 25
11.8%
Q3 25
5.9%
Q2 25
3.2%
Q1 25
17.0%
Q4 24
1.5%
Q3 24
38.8%
Q2 24
46.8%
Q1 24
3.5%
Cash Conversion
MDV
MDV
SSII
SSII
Q4 25
12.34×
Q3 25
3.95×
Q2 25
Q1 25
3.68×
Q4 24
11.72×
Q3 24
Q2 24
3.55×
Q1 24
0.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MDV
MDV

Segment breakdown not available.

SSII
SSII

System Sales$13.4M92%
Other$1.2M8%

Related Comparisons