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Side-by-side financial comparison of SS Innovations International, Inc. (SSII) and Stran & Company, Inc. (SWAG). Click either name above to swap in a different company.

Stran & Company, Inc. is the larger business by last-quarter revenue ($28.9M vs $14.5M, roughly 2.0× SS Innovations International, Inc.). Stran & Company, Inc. runs the higher net margin — 0.8% vs -17.0%, a 17.8% gap on every dollar of revenue. On growth, SS Innovations International, Inc. posted the faster year-over-year revenue change (79.1% vs 7.2%). Stran & Company, Inc. produced more free cash flow last quarter ($38.0K vs $-3.2M). Over the past eight quarters, SS Innovations International, Inc.'s revenue compounded faster (99.9% CAGR vs 24.0%).

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.

Stran & Company, Inc. provides branded promotional products, custom merchandise and integrated marketing solutions for corporate clients. It serves customers across retail, healthcare, technology, education and other sectors, supporting brand campaigns, customer engagement and employee incentive programs.

SSII vs SWAG — Head-to-Head

Bigger by revenue
SWAG
SWAG
2.0× larger
SWAG
$28.9M
$14.5M
SSII
Growing faster (revenue YoY)
SSII
SSII
+71.9% gap
SSII
79.1%
7.2%
SWAG
Higher net margin
SWAG
SWAG
17.8% more per $
SWAG
0.8%
-17.0%
SSII
More free cash flow
SWAG
SWAG
$3.3M more FCF
SWAG
$38.0K
$-3.2M
SSII
Faster 2-yr revenue CAGR
SSII
SSII
Annualised
SSII
99.9%
24.0%
SWAG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SSII
SSII
SWAG
SWAG
Revenue
$14.5M
$28.9M
Net Profit
$-2.5M
$243.0K
Gross Margin
43.9%
30.4%
Operating Margin
-3.7%
-0.1%
Net Margin
-17.0%
0.8%
Revenue YoY
79.1%
7.2%
Net Profit YoY
-28.5%
141.5%
EPS (diluted)
$-0.01
$0.02

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
SSII
SSII
SWAG
SWAG
Q4 25
$14.5M
$28.9M
Q3 25
$12.8M
$26.0M
Q2 25
$10.0M
$32.6M
Q1 25
$5.1M
$28.7M
Q4 24
$8.1M
$27.0M
Q3 24
$4.4M
$20.1M
Q2 24
$4.5M
$16.7M
Q1 24
$3.6M
$18.8M
Net Profit
SSII
SSII
SWAG
SWAG
Q4 25
$-2.5M
$243.0K
Q3 25
$-3.7M
$-1.2M
Q2 25
$-256.7K
$643.0K
Q1 25
$-5.7M
$-393.0K
Q4 24
$-1.9M
$-586.0K
Q3 24
$-3.2M
$-2.0M
Q2 24
$-4.1M
$-1.0M
Q1 24
$-9.8M
$-491.0K
Gross Margin
SSII
SSII
SWAG
SWAG
Q4 25
43.9%
30.4%
Q3 25
48.1%
27.2%
Q2 25
59.1%
30.3%
Q1 25
21.2%
29.6%
Q4 24
48.9%
32.5%
Q3 24
52.8%
29.5%
Q2 24
31.9%
32.8%
Q1 24
20.0%
29.8%
Operating Margin
SSII
SSII
SWAG
SWAG
Q4 25
-3.7%
-0.1%
Q3 25
-14.3%
-6.9%
Q2 25
1.0%
1.2%
Q1 25
-115.6%
-1.9%
Q4 24
-22.7%
-3.5%
Q3 24
-73.1%
-10.8%
Q2 24
-90.9%
-6.6%
Q1 24
-270.3%
-3.5%
Net Margin
SSII
SSII
SWAG
SWAG
Q4 25
-17.0%
0.8%
Q3 25
-29.0%
-4.8%
Q2 25
-2.6%
2.0%
Q1 25
-111.0%
-1.4%
Q4 24
-23.7%
-2.2%
Q3 24
-74.0%
-10.1%
Q2 24
-91.8%
-6.1%
Q1 24
-270.5%
-2.6%
EPS (diluted)
SSII
SSII
SWAG
SWAG
Q4 25
$-0.01
$0.02
Q3 25
$-0.02
$-0.07
Q2 25
$0.00
$0.03
Q1 25
$-0.03
$-0.02
Q4 24
$-0.01
$-0.02
Q3 24
$-0.02
$-0.11
Q2 24
$-0.02
$-0.06
Q1 24
$-0.06
$-0.03

Balance Sheet & Financial Strength

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

Metric
SSII
SSII
SWAG
SWAG
Cash + ST InvestmentsLiquidity on hand
$3.2M
$11.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$38.2M
$30.5M
Total Assets
$74.2M
$49.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SSII
SSII
SWAG
SWAG
Q4 25
$3.2M
$11.6M
Q3 25
$5.7M
$11.8M
Q2 25
$11.4M
$18.1M
Q1 25
$15.9M
$12.2M
Q4 24
$466.5K
$18.2M
Q3 24
$220.4K
$6.9M
Q2 24
$608.2K
$9.6M
Q1 24
$948.1K
$10.7M
Stockholders' Equity
SSII
SSII
SWAG
SWAG
Q4 25
$38.2M
$30.5M
Q3 25
$39.6M
$30.2M
Q2 25
$42.0M
$31.8M
Q1 25
$40.6M
$31.3M
Q4 24
$13.5M
$31.6M
Q3 24
$13.7M
$32.3M
Q2 24
$14.8M
$34.3M
Q1 24
$16.7M
$35.2M
Total Assets
SSII
SSII
SWAG
SWAG
Q4 25
$74.2M
$49.3M
Q3 25
$69.6M
$50.3M
Q2 25
$70.0M
$61.2M
Q1 25
$63.5M
$52.2M
Q4 24
$42.4M
$55.1M
Q3 24
$39.0M
$48.8M
Q2 24
$35.7M
$46.6M
Q1 24
$35.2M
$47.9M

Cash Flow & Capital Efficiency

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

Metric
SSII
SSII
SWAG
SWAG
Operating Cash FlowLast quarter
$-1.5M
$161.0K
Free Cash FlowOCF − Capex
$-3.2M
$38.0K
FCF MarginFCF / Revenue
-22.3%
0.1%
Capex IntensityCapex / Revenue
11.8%
0.4%
Cash ConversionOCF / Net Profit
0.66×
TTM Free Cash FlowTrailing 4 quarters
$-22.2M
$-5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SSII
SSII
SWAG
SWAG
Q4 25
$-1.5M
$161.0K
Q3 25
$-7.5M
$-5.4M
Q2 25
$-3.5M
$6.4M
Q1 25
$-6.1M
$-5.9M
Q4 24
$-3.3M
$1.3M
Q3 24
$-2.5M
$-2.7M
Q2 24
$-1.0M
$2.1M
Q1 24
$-2.7M
$2.1M
Free Cash Flow
SSII
SSII
SWAG
SWAG
Q4 25
$-3.2M
$38.0K
Q3 25
$-8.2M
$-5.9M
Q2 25
$-3.8M
$6.3M
Q1 25
$-7.0M
$-6.0M
Q4 24
$-3.4M
$1.2M
Q3 24
$-4.2M
$-2.9M
Q2 24
$-3.1M
$1.9M
Q1 24
$-2.8M
$1.9M
FCF Margin
SSII
SSII
SWAG
SWAG
Q4 25
-22.3%
0.1%
Q3 25
-64.1%
-22.6%
Q2 25
-37.7%
19.5%
Q1 25
-136.2%
-21.0%
Q4 24
-41.7%
4.6%
Q3 24
-96.9%
-14.3%
Q2 24
-69.5%
11.6%
Q1 24
-76.9%
9.9%
Capex Intensity
SSII
SSII
SWAG
SWAG
Q4 25
11.8%
0.4%
Q3 25
5.9%
1.9%
Q2 25
3.2%
0.2%
Q1 25
17.0%
0.4%
Q4 24
1.5%
0.3%
Q3 24
38.8%
0.7%
Q2 24
46.8%
1.1%
Q1 24
3.5%
1.0%
Cash Conversion
SSII
SSII
SWAG
SWAG
Q4 25
0.66×
Q3 25
Q2 25
9.99×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

SSII
SSII

System Sales$13.4M92%
Other$1.2M8%

SWAG
SWAG

Promotional Products Dropshipping$11.2M39%
Casino Continuity Program$6.9M24%
Promotional Products Company Owned Inventory$4.6M16%
Promotional Products Bulk Dropshipping$3.8M13%
Promotional Products Thirdparty Distributor$1.8M6%
Other$610.0K2%

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