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Side-by-side financial comparison of SS Innovations International, Inc. (SSII) and UPEXI, INC. (UPXI). 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 $8.1M, roughly 1.8× UPEXI, INC.). SS Innovations International, Inc. runs the higher net margin — -17.0% vs -2222.1%, a 2205.1% gap on every dollar of revenue. On growth, UPEXI, INC. posted the faster year-over-year revenue change (101.0% vs 79.1%). UPEXI, INC. produced more free cash flow last quarter ($-2.7M vs $-3.2M). Over the past eight quarters, SS Innovations International, Inc.'s revenue compounded faster (99.9% CAGR vs 24.2%).

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.

SSII vs UPXI — Head-to-Head

Bigger by revenue
SSII
SSII
1.8× larger
SSII
$14.5M
$8.1M
UPXI
Growing faster (revenue YoY)
UPXI
UPXI
+21.9% gap
UPXI
101.0%
79.1%
SSII
Higher net margin
SSII
SSII
2205.1% more per $
SSII
-17.0%
-2222.1%
UPXI
More free cash flow
UPXI
UPXI
$535.0K more FCF
UPXI
$-2.7M
$-3.2M
SSII
Faster 2-yr revenue CAGR
SSII
SSII
Annualised
SSII
99.9%
24.2%
UPXI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
SSII
SSII
UPXI
UPXI
Revenue
$14.5M
$8.1M
Net Profit
$-2.5M
$-178.9M
Gross Margin
43.9%
83.3%
Operating Margin
-3.7%
-2177.9%
Net Margin
-17.0%
-2222.1%
Revenue YoY
79.1%
101.0%
Net Profit YoY
-28.5%
-13649.6%
EPS (diluted)
$-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
SSII
SSII
UPXI
UPXI
Q4 25
$14.5M
$8.1M
Q3 25
$12.8M
$9.2M
Q2 25
$10.0M
$4.3M
Q1 25
$5.1M
$3.2M
Q4 24
$8.1M
$4.0M
Q3 24
$4.4M
$4.4M
Q2 24
$4.5M
$5.0M
Q1 24
$3.6M
$5.2M
Net Profit
SSII
SSII
UPXI
UPXI
Q4 25
$-2.5M
$-178.9M
Q3 25
$-3.7M
$66.7M
Q2 25
$-256.7K
$-6.9M
Q1 25
$-5.7M
$-3.8M
Q4 24
$-1.9M
$-1.3M
Q3 24
$-3.2M
$-1.6M
Q2 24
$-4.1M
$-15.7M
Q1 24
$-9.8M
$-4.1M
Gross Margin
SSII
SSII
UPXI
UPXI
Q4 25
43.9%
83.3%
Q3 25
48.1%
89.6%
Q2 25
59.1%
79.4%
Q1 25
21.2%
49.3%
Q4 24
48.9%
74.3%
Q3 24
52.8%
67.3%
Q2 24
31.9%
31.0%
Q1 24
20.0%
24.3%
Operating Margin
SSII
SSII
UPXI
UPXI
Q4 25
-3.7%
-2177.9%
Q3 25
-14.3%
Q2 25
1.0%
-151.7%
Q1 25
-115.6%
-113.5%
Q4 24
-22.7%
-26.8%
Q3 24
-73.1%
-30.6%
Q2 24
-90.9%
-265.2%
Q1 24
-270.3%
-96.5%
Net Margin
SSII
SSII
UPXI
UPXI
Q4 25
-17.0%
-2222.1%
Q3 25
-29.0%
722.4%
Q2 25
-2.6%
-161.5%
Q1 25
-111.0%
-121.2%
Q4 24
-23.7%
-32.5%
Q3 24
-74.0%
-37.3%
Q2 24
-91.8%
-312.4%
Q1 24
-270.5%
-78.9%
EPS (diluted)
SSII
SSII
UPXI
UPXI
Q4 25
$-0.01
Q3 25
$-0.02
$0.76
Q2 25
$0.00
$0.83
Q1 25
$-0.03
$-2.87
Q4 24
$-0.01
$-1.24
Q3 24
$-0.02
$1.55
Q2 24
$-0.02
$-15.66
Q1 24
$-0.06
$-4.03

Balance Sheet & Financial Strength

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

Metric
SSII
SSII
UPXI
UPXI
Cash + ST InvestmentsLiquidity on hand
$3.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$38.2M
$48.7M
Total Assets
$74.2M
$271.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SSII
SSII
UPXI
UPXI
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
Stockholders' Equity
SSII
SSII
UPXI
UPXI
Q4 25
$38.2M
$48.7M
Q3 25
$39.6M
$210.8M
Q2 25
$42.0M
$90.1M
Q1 25
$40.6M
$1.9M
Q4 24
$13.5M
$3.8M
Q3 24
$13.7M
$5.0M
Q2 24
$14.8M
$6.5M
Q1 24
$16.7M
$22.1M
Total Assets
SSII
SSII
UPXI
UPXI
Q4 25
$74.2M
$271.1M
Q3 25
$69.6M
$419.7M
Q2 25
$70.0M
$123.8M
Q1 25
$63.5M
$15.1M
Q4 24
$42.4M
$17.5M
Q3 24
$39.0M
$18.6M
Q2 24
$35.7M
$23.5M
Q1 24
$35.2M
$56.5M

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
UPXI
UPXI
Operating Cash FlowLast quarter
$-1.5M
$-2.7M
Free Cash FlowOCF − Capex
$-3.2M
$-2.7M
FCF MarginFCF / Revenue
-22.3%
-33.5%
Capex IntensityCapex / Revenue
11.8%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-22.2M
$-22.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SSII
SSII
UPXI
UPXI
Q4 25
$-1.5M
$-2.7M
Q3 25
$-7.5M
$-9.8M
Q2 25
$-3.5M
$-8.4M
Q1 25
$-6.1M
$-778.7K
Q4 24
$-3.3M
$-1.4M
Q3 24
$-2.5M
$-2.0M
Q2 24
$-1.0M
$-101.4K
Q1 24
$-2.7M
$783.5K
Free Cash Flow
SSII
SSII
UPXI
UPXI
Q4 25
$-3.2M
$-2.7M
Q3 25
$-8.2M
$-9.8M
Q2 25
$-3.8M
$-8.8M
Q1 25
$-7.0M
$-809.3K
Q4 24
$-3.4M
Q3 24
$-4.2M
$-2.1M
Q2 24
$-3.1M
$-1.0M
Q1 24
$-2.8M
$600.9K
FCF Margin
SSII
SSII
UPXI
UPXI
Q4 25
-22.3%
-33.5%
Q3 25
-64.1%
-106.0%
Q2 25
-37.7%
-205.4%
Q1 25
-136.2%
-25.6%
Q4 24
-41.7%
Q3 24
-96.9%
-49.2%
Q2 24
-69.5%
-20.5%
Q1 24
-76.9%
11.5%
Capex Intensity
SSII
SSII
UPXI
UPXI
Q4 25
11.8%
0.2%
Q3 25
5.9%
0.2%
Q2 25
3.2%
9.0%
Q1 25
17.0%
1.0%
Q4 24
1.5%
0.0%
Q3 24
38.8%
3.8%
Q2 24
46.8%
18.5%
Q1 24
3.5%
3.5%
Cash Conversion
SSII
SSII
UPXI
UPXI
Q4 25
Q3 25
-0.15×
Q2 25
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%

UPXI
UPXI

Segment breakdown not available.

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