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Side-by-side financial comparison of SS Innovations International, Inc. (SSII) and Velo3D, Inc. (VELO). 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 $9.4M, roughly 1.5× Velo3D, Inc.). SS Innovations International, Inc. runs the higher net margin — -17.0% vs -231.9%, a 214.9% gap on every dollar of revenue. On growth, SS Innovations International, Inc. posted the faster year-over-year revenue change (79.1% vs -25.2%). SS Innovations International, Inc. produced more free cash flow last quarter ($-3.2M vs $-8.3M). Over the past eight quarters, SS Innovations International, Inc.'s revenue compounded faster (99.9% CAGR vs -1.8%).
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.
Velo3D, Inc. develops and sells advanced end-to-end metal additive manufacturing (3D printing) solutions, comprising industrial-grade printers, specialized processing software, and high-performance metal materials. It primarily serves global aerospace, defense, energy, semiconductor and industrial manufacturing markets, enabling customers to produce complex, high-precision metal parts that are difficult to manufacture with traditional methods.
SSII vs VELO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $14.5M | $9.4M |
| Net Profit | $-2.5M | $-21.9M |
| Gross Margin | 43.9% | -73.6% |
| Operating Margin | -3.7% | -231.0% |
| Net Margin | -17.0% | -231.9% |
| Revenue YoY | 79.1% | -25.2% |
| Net Profit YoY | -28.5% | -2.9% |
| EPS (diluted) | $-0.01 | $-0.87 |
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 | $14.5M | $9.4M | ||
| Q3 25 | $12.8M | $13.6M | ||
| Q2 25 | $10.0M | $13.6M | ||
| Q1 25 | $5.1M | $9.3M | ||
| Q4 24 | $8.1M | $12.6M | ||
| Q3 24 | $4.4M | $8.2M | ||
| Q2 24 | $4.5M | $10.3M | ||
| Q1 24 | $3.6M | $9.8M |
| Q4 25 | $-2.5M | $-21.9M | ||
| Q3 25 | $-3.7M | $-11.2M | ||
| Q2 25 | $-256.7K | $-13.3M | ||
| Q1 25 | $-5.7M | $-25.0M | ||
| Q4 24 | $-1.9M | $-21.3M | ||
| Q3 24 | $-3.2M | $-21.9M | ||
| Q2 24 | $-4.1M | $935.0K | ||
| Q1 24 | $-9.8M | $-27.5M |
| Q4 25 | 43.9% | -73.6% | ||
| Q3 25 | 48.1% | 3.2% | ||
| Q2 25 | 59.1% | -11.7% | ||
| Q1 25 | 21.2% | 7.5% | ||
| Q4 24 | 48.9% | -3.5% | ||
| Q3 24 | 52.8% | 49.4% | ||
| Q2 24 | 31.9% | -28.0% | ||
| Q1 24 | 20.0% | -28.8% |
| Q4 25 | -3.7% | -231.0% | ||
| Q3 25 | -14.3% | -73.3% | ||
| Q2 25 | 1.0% | -85.4% | ||
| Q1 25 | -115.6% | -123.6% | ||
| Q4 24 | -22.7% | -167.0% | ||
| Q3 24 | -73.1% | -213.8% | ||
| Q2 24 | -90.9% | -187.7% | ||
| Q1 24 | -270.3% | -211.1% |
| Q4 25 | -17.0% | -231.9% | ||
| Q3 25 | -29.0% | -82.0% | ||
| Q2 25 | -2.6% | -97.7% | ||
| Q1 25 | -111.0% | -268.4% | ||
| Q4 24 | -23.7% | -168.5% | ||
| Q3 24 | -74.0% | -265.3% | ||
| Q2 24 | -91.8% | 9.0% | ||
| Q1 24 | -270.5% | -281.2% |
| Q4 25 | $-0.01 | $-0.87 | ||
| Q3 25 | $-0.02 | $-0.65 | ||
| Q2 25 | $0.00 | $-0.94 | ||
| Q1 25 | $-0.03 | $-1.87 | ||
| Q4 24 | $-0.01 | $7.06 | ||
| Q3 24 | $-0.02 | $-35.52 | ||
| Q2 24 | $-0.02 | $1.65 | ||
| Q1 24 | $-0.06 | $-55.51 |
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 | $39.0M |
| Total DebtLower is stronger | — | $31.0M |
| Stockholders' EquityBook value | $38.2M | $38.2M |
| Total Assets | $74.2M | $105.3M |
| Debt / EquityLower = less leverage | — | 0.81× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $39.0M | ||
| Q3 25 | $5.7M | $11.8M | ||
| Q2 25 | $11.4M | $854.0K | ||
| Q1 25 | $15.9M | $3.9M | ||
| Q4 24 | $466.5K | $1.2M | ||
| Q3 24 | $220.4K | $1.6M | ||
| Q2 24 | $608.2K | $3.2M | ||
| Q1 24 | $948.1K | $10.9M |
| Q4 25 | — | $31.0M | ||
| Q3 25 | — | $23.0M | ||
| Q2 25 | — | $22.5M | ||
| Q1 25 | — | $21.7M | ||
| Q4 24 | — | $5.7M | ||
| Q3 24 | — | $32.3M | ||
| Q2 24 | — | $33.5M | ||
| Q1 24 | — | $44.0M |
| Q4 25 | $38.2M | $38.2M | ||
| Q3 25 | $39.6M | $29.9M | ||
| Q2 25 | $42.0M | $21.4M | ||
| Q1 25 | $40.6M | $32.8M | ||
| Q4 24 | $13.5M | $39.7M | ||
| Q3 24 | $13.7M | $34.4M | ||
| Q2 24 | $14.8M | $52.1M | ||
| Q1 24 | $16.7M | $45.5M |
| Q4 25 | $74.2M | $105.3M | ||
| Q3 25 | $69.6M | $93.7M | ||
| Q2 25 | $70.0M | $78.4M | ||
| Q1 25 | $63.5M | $91.3M | ||
| Q4 24 | $42.4M | $89.2M | ||
| Q3 24 | $39.0M | $110.8M | ||
| Q2 24 | $35.7M | $116.7M | ||
| Q1 24 | $35.2M | $136.1M |
| Q4 25 | — | 0.81× | ||
| Q3 25 | — | 0.77× | ||
| Q2 25 | — | 1.05× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.94× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.97× |
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 | $-1.5M | $-7.7M |
| Free Cash FlowOCF − Capex | $-3.2M | $-8.3M |
| FCF MarginFCF / Revenue | -22.3% | -88.3% |
| Capex IntensityCapex / Revenue | 11.8% | 6.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-22.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.5M | $-7.7M | ||
| Q3 25 | $-7.5M | $-6.0M | ||
| Q2 25 | $-3.5M | $-1.2M | ||
| Q1 25 | $-6.1M | $-12.3M | ||
| Q4 24 | $-3.3M | $-2.2M | ||
| Q3 24 | $-2.5M | $-2.0M | ||
| Q2 24 | $-1.0M | $-8.0M | ||
| Q1 24 | $-2.7M | $-20.5M |
| Q4 25 | $-3.2M | $-8.3M | ||
| Q3 25 | $-8.2M | $-6.3M | ||
| Q2 25 | $-3.8M | $-3.0M | ||
| Q1 25 | $-7.0M | — | ||
| Q4 24 | $-3.4M | $-2.2M | ||
| Q3 24 | $-4.2M | $-2.0M | ||
| Q2 24 | $-3.1M | $-8.0M | ||
| Q1 24 | $-2.8M | $-20.5M |
| Q4 25 | -22.3% | -88.3% | ||
| Q3 25 | -64.1% | -46.5% | ||
| Q2 25 | -37.7% | -22.2% | ||
| Q1 25 | -136.2% | — | ||
| Q4 24 | -41.7% | -17.7% | ||
| Q3 24 | -96.9% | -24.2% | ||
| Q2 24 | -69.5% | -77.1% | ||
| Q1 24 | -76.9% | -209.8% |
| Q4 25 | 11.8% | 6.4% | ||
| Q3 25 | 5.9% | 2.3% | ||
| Q2 25 | 3.2% | 13.3% | ||
| Q1 25 | 17.0% | 0.0% | ||
| Q4 24 | 1.5% | 0.2% | ||
| Q3 24 | 38.8% | 0.2% | ||
| Q2 24 | 46.8% | 0.0% | ||
| Q1 24 | 3.5% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -8.52× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SSII
| System Sales | $13.4M | 92% |
| Other | $1.2M | 8% |
VELO
Segment breakdown not available.
