vs
Side-by-side financial comparison of REED'S, INC. (REED) 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 $7.5M, roughly 1.9× REED'S, INC.). SS Innovations International, Inc. runs the higher net margin — -17.0% vs -50.5%, a 33.5% gap on every dollar of revenue. On growth, SS Innovations International, Inc. posted the faster year-over-year revenue change (79.1% vs -23.1%). SS Innovations International, Inc. produced more free cash flow last quarter ($-3.2M vs $-3.9M). Over the past eight quarters, SS Innovations International, Inc.'s revenue compounded faster (99.9% CAGR vs -11.7%).
Waddell & Reed Financial, Inc. was an American asset management and financial planning company founded in 1937 in Kansas City, Missouri. It was a publicly traded company from 1998 to 2021, and briefly had its headquarters in Overland Park, Kansas, and was planning a move back to Downtown Kansas City before the company was sold. It operated asset management and distribution subsidiaries, including Ivy Investment Management Company and Waddell & Reed Investment Management Company.
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.
REED vs SSII — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $7.5M | $14.5M |
| Net Profit | $-3.8M | $-2.5M |
| Gross Margin | 20.4% | 43.9% |
| Operating Margin | -46.9% | -3.7% |
| Net Margin | -50.5% | -17.0% |
| Revenue YoY | -23.1% | 79.1% |
| Net Profit YoY | 8.2% | -28.5% |
| EPS (diluted) | $-1.26 | $-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 | $7.5M | $14.5M | ||
| Q3 25 | $7.0M | $12.8M | ||
| Q2 25 | $9.5M | $10.0M | ||
| Q1 25 | $10.0M | $5.1M | ||
| Q4 24 | $9.7M | $8.1M | ||
| Q3 24 | $6.8M | $4.4M | ||
| Q2 24 | $11.9M | $4.5M | ||
| Q1 24 | $9.6M | $3.6M |
| Q4 25 | $-3.8M | $-2.5M | ||
| Q3 25 | $-4.0M | $-3.7M | ||
| Q2 25 | $-6.0M | $-256.7K | ||
| Q1 25 | $-2.0M | $-5.7M | ||
| Q4 24 | $-4.1M | $-1.9M | ||
| Q3 24 | $-4.2M | $-3.2M | ||
| Q2 24 | $-3.2M | $-4.1M | ||
| Q1 24 | $-1.7M | $-9.8M |
| Q4 25 | 20.4% | 43.9% | ||
| Q3 25 | 17.4% | 48.1% | ||
| Q2 25 | 8.5% | 59.1% | ||
| Q1 25 | 33.9% | 21.2% | ||
| Q4 24 | 30.0% | 48.9% | ||
| Q3 24 | 18.0% | 52.8% | ||
| Q2 24 | 32.3% | 31.9% | ||
| Q1 24 | 35.6% | 20.0% |
| Q4 25 | -46.9% | -3.7% | ||
| Q3 25 | -58.3% | -14.3% | ||
| Q2 25 | -60.8% | 1.0% | ||
| Q1 25 | -17.4% | -115.6% | ||
| Q4 24 | -37.6% | -22.7% | ||
| Q3 24 | -46.5% | -73.1% | ||
| Q2 24 | -5.6% | -90.9% | ||
| Q1 24 | -6.8% | -270.3% |
| Q4 25 | -50.5% | -17.0% | ||
| Q3 25 | -56.6% | -29.0% | ||
| Q2 25 | -63.5% | -2.6% | ||
| Q1 25 | -20.3% | -111.0% | ||
| Q4 24 | -42.3% | -23.7% | ||
| Q3 24 | -61.5% | -74.0% | ||
| Q2 24 | -27.1% | -91.8% | ||
| Q1 24 | -17.4% | -270.5% |
| Q4 25 | $-1.26 | $-0.01 | ||
| Q3 25 | $-0.48 | $-0.02 | ||
| Q2 25 | $-0.13 | $0.00 | ||
| Q1 25 | $-0.04 | $-0.03 | ||
| Q4 24 | $-3.73 | $-0.01 | ||
| Q3 24 | $-4.91 | $-0.02 | ||
| Q2 24 | $-0.77 | $-0.02 | ||
| Q1 24 | $-0.40 | $-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 | — | $3.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $9.2M | $38.2M |
| Total Assets | $23.3M | $74.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $3.2M | ||
| Q3 25 | — | $5.7M | ||
| Q2 25 | — | $11.4M | ||
| Q1 25 | — | $15.9M | ||
| Q4 24 | — | $466.5K | ||
| Q3 24 | — | $220.4K | ||
| Q2 24 | — | $608.2K | ||
| Q1 24 | — | $948.1K |
| Q4 25 | $9.2M | $38.2M | ||
| Q3 25 | $2.8M | $39.6M | ||
| Q2 25 | $1.7M | $42.0M | ||
| Q1 25 | $4.7M | $40.6M | ||
| Q4 24 | $6.6M | $13.5M | ||
| Q3 24 | $-22.0M | $13.7M | ||
| Q2 24 | $-23.8M | $14.8M | ||
| Q1 24 | $-20.7M | $16.7M |
| Q4 25 | $23.3M | $74.2M | ||
| Q3 25 | $19.9M | $69.6M | ||
| Q2 25 | $23.7M | $70.0M | ||
| Q1 25 | $24.5M | $63.5M | ||
| Q4 24 | $25.1M | $42.4M | ||
| Q3 24 | $15.0M | $39.0M | ||
| Q2 24 | $18.7M | $35.7M | ||
| Q1 24 | $19.3M | $35.2M |
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 | $-3.8M | $-1.5M |
| Free Cash FlowOCF − Capex | $-3.9M | $-3.2M |
| FCF MarginFCF / Revenue | -52.0% | -22.3% |
| Capex IntensityCapex / Revenue | 1.1% | 11.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-17.3M | $-22.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.8M | $-1.5M | ||
| Q3 25 | $-2.8M | $-7.5M | ||
| Q2 25 | $-5.0M | $-3.5M | ||
| Q1 25 | $-5.4M | $-6.1M | ||
| Q4 24 | $-3.9M | $-3.3M | ||
| Q3 24 | $1.1M | $-2.5M | ||
| Q2 24 | $-912.0K | $-1.0M | ||
| Q1 24 | $-2.4M | $-2.7M |
| Q4 25 | $-3.9M | $-3.2M | ||
| Q3 25 | $-2.9M | $-8.2M | ||
| Q2 25 | $-5.1M | $-3.8M | ||
| Q1 25 | $-5.4M | $-7.0M | ||
| Q4 24 | $-4.0M | $-3.4M | ||
| Q3 24 | $1.0M | $-4.2M | ||
| Q2 24 | $-924.0K | $-3.1M | ||
| Q1 24 | $-2.4M | $-2.8M |
| Q4 25 | -52.0% | -22.3% | ||
| Q3 25 | -41.5% | -64.1% | ||
| Q2 25 | -53.2% | -37.7% | ||
| Q1 25 | -54.2% | -136.2% | ||
| Q4 24 | -40.8% | -41.7% | ||
| Q3 24 | 15.3% | -96.9% | ||
| Q2 24 | -7.8% | -69.5% | ||
| Q1 24 | -25.1% | -76.9% |
| Q4 25 | 1.1% | 11.8% | ||
| Q3 25 | 1.4% | 5.9% | ||
| Q2 25 | 0.2% | 3.2% | ||
| Q1 25 | 0.7% | 17.0% | ||
| Q4 24 | 1.0% | 1.5% | ||
| Q3 24 | 0.3% | 38.8% | ||
| Q2 24 | 0.1% | 46.8% | ||
| Q1 24 | 0.2% | 3.5% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
REED
Segment breakdown not available.
SSII
| System Sales | $13.4M | 92% |
| Other | $1.2M | 8% |
