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Side-by-side financial comparison of SS Innovations International, Inc. (SSII) and WINMARK CORP (WINA). Click either name above to swap in a different company.

WINMARK CORP is the larger business by last-quarter revenue ($21.1M vs $14.5M, roughly 1.5× SS Innovations International, Inc.). WINMARK CORP runs the higher net margin — 47.2% vs -17.0%, a 64.2% gap on every dollar of revenue. On growth, SS Innovations International, Inc. posted the faster year-over-year revenue change (79.1% vs 7.9%). WINMARK CORP produced more free cash flow last quarter ($8.5M vs $-3.2M). Over the past eight quarters, SS Innovations International, Inc.'s revenue compounded faster (99.9% CAGR vs 2.4%).

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.

Winmark Corporation is an American franchisor of five retail businesses that specialize in buying and selling used goods. The company is based in Minneapolis, Minnesota. Winmark was founded in 1988 as Play It Again Sports Franchise Corporation by Ron Olson and Jeffrey Dahlberg after they purchased the Play It Again Sports franchise rights from Martha Morris. They renamed the company to Grow Biz International Inc. in June 1993. Grow Biz went public in August 1993. In 2000, John Morgan replaced...

SSII vs WINA — Head-to-Head

Bigger by revenue
WINA
WINA
1.5× larger
WINA
$21.1M
$14.5M
SSII
Growing faster (revenue YoY)
SSII
SSII
+71.2% gap
SSII
79.1%
7.9%
WINA
Higher net margin
WINA
WINA
64.2% more per $
WINA
47.2%
-17.0%
SSII
More free cash flow
WINA
WINA
$11.7M more FCF
WINA
$8.5M
$-3.2M
SSII
Faster 2-yr revenue CAGR
SSII
SSII
Annualised
SSII
99.9%
2.4%
WINA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SSII
SSII
WINA
WINA
Revenue
$14.5M
$21.1M
Net Profit
$-2.5M
$10.0M
Gross Margin
43.9%
Operating Margin
-3.7%
61.7%
Net Margin
-17.0%
47.2%
Revenue YoY
79.1%
7.9%
Net Profit YoY
-28.5%
3.9%
EPS (diluted)
$-0.01
$2.68

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
WINA
WINA
Q4 25
$14.5M
$21.1M
Q3 25
$12.8M
$22.6M
Q2 25
$10.0M
$20.4M
Q1 25
$5.1M
$21.9M
Q4 24
$8.1M
$19.5M
Q3 24
$4.4M
$21.5M
Q2 24
$4.5M
$20.1M
Q1 24
$3.6M
$20.1M
Net Profit
SSII
SSII
WINA
WINA
Q4 25
$-2.5M
$10.0M
Q3 25
$-3.7M
$11.1M
Q2 25
$-256.7K
$10.6M
Q1 25
$-5.7M
$10.0M
Q4 24
$-1.9M
$9.6M
Q3 24
$-3.2M
$11.1M
Q2 24
$-4.1M
$10.4M
Q1 24
$-9.8M
$8.8M
Gross Margin
SSII
SSII
WINA
WINA
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
SSII
SSII
WINA
WINA
Q4 25
-3.7%
61.7%
Q3 25
-14.3%
65.9%
Q2 25
1.0%
64.0%
Q1 25
-115.6%
62.0%
Q4 24
-22.7%
65.3%
Q3 24
-73.1%
69.4%
Q2 24
-90.9%
64.7%
Q1 24
-270.3%
60.8%
Net Margin
SSII
SSII
WINA
WINA
Q4 25
-17.0%
47.2%
Q3 25
-29.0%
49.2%
Q2 25
-2.6%
51.9%
Q1 25
-111.0%
45.4%
Q4 24
-23.7%
49.0%
Q3 24
-74.0%
51.7%
Q2 24
-91.8%
51.8%
Q1 24
-270.5%
43.9%
EPS (diluted)
SSII
SSII
WINA
WINA
Q4 25
$-0.01
$2.68
Q3 25
$-0.02
$3.02
Q2 25
$0.00
$2.89
Q1 25
$-0.03
$2.71
Q4 24
$-0.01
$2.60
Q3 24
$-0.02
$3.03
Q2 24
$-0.02
$2.85
Q1 24
$-0.06
$2.41

Balance Sheet & Financial Strength

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

Metric
SSII
SSII
WINA
WINA
Cash + ST InvestmentsLiquidity on hand
$3.2M
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$38.2M
$-53.7M
Total Assets
$74.2M
$24.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SSII
SSII
WINA
WINA
Q4 25
$3.2M
$10.3M
Q3 25
$5.7M
$39.7M
Q2 25
$11.4M
$28.8M
Q1 25
$15.9M
$21.8M
Q4 24
$466.5K
$12.2M
Q3 24
$220.4K
$37.2M
Q2 24
$608.2K
$29.4M
Q1 24
$948.1K
$22.9M
Stockholders' Equity
SSII
SSII
WINA
WINA
Q4 25
$38.2M
$-53.7M
Q3 25
$39.6M
$-26.3M
Q2 25
$42.0M
$-36.8M
Q1 25
$40.6M
$-45.9M
Q4 24
$13.5M
$-51.0M
Q3 24
$13.7M
$-33.7M
Q2 24
$14.8M
$-42.2M
Q1 24
$16.7M
$-52.6M
Total Assets
SSII
SSII
WINA
WINA
Q4 25
$74.2M
$24.9M
Q3 25
$69.6M
$53.7M
Q2 25
$70.0M
$43.2M
Q1 25
$63.5M
$37.1M
Q4 24
$42.4M
$26.8M
Q3 24
$39.0M
$52.0M
Q2 24
$35.7M
$44.7M
Q1 24
$35.2M
$38.3M

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
WINA
WINA
Operating Cash FlowLast quarter
$-1.5M
$8.5M
Free Cash FlowOCF − Capex
$-3.2M
$8.5M
FCF MarginFCF / Revenue
-22.3%
40.3%
Capex IntensityCapex / Revenue
11.8%
0.1%
Cash ConversionOCF / Net Profit
0.86×
TTM Free Cash FlowTrailing 4 quarters
$-22.2M
$44.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SSII
SSII
WINA
WINA
Q4 25
$-1.5M
$8.5M
Q3 25
$-7.5M
$12.3M
Q2 25
$-3.5M
$9.0M
Q1 25
$-6.1M
$15.1M
Q4 24
$-3.3M
$8.5M
Q3 24
$-2.5M
$12.1M
Q2 24
$-1.0M
$8.2M
Q1 24
$-2.7M
$13.4M
Free Cash Flow
SSII
SSII
WINA
WINA
Q4 25
$-3.2M
$8.5M
Q3 25
$-8.2M
$12.2M
Q2 25
$-3.8M
$9.0M
Q1 25
$-7.0M
$15.0M
Q4 24
$-3.4M
Q3 24
$-4.2M
$12.1M
Q2 24
$-3.1M
$8.1M
Q1 24
$-2.8M
$13.3M
FCF Margin
SSII
SSII
WINA
WINA
Q4 25
-22.3%
40.3%
Q3 25
-64.1%
53.8%
Q2 25
-37.7%
44.0%
Q1 25
-136.2%
68.6%
Q4 24
-41.7%
Q3 24
-96.9%
56.3%
Q2 24
-69.5%
40.4%
Q1 24
-76.9%
66.0%
Capex Intensity
SSII
SSII
WINA
WINA
Q4 25
11.8%
0.1%
Q3 25
5.9%
0.3%
Q2 25
3.2%
0.3%
Q1 25
17.0%
0.2%
Q4 24
1.5%
0.0%
Q3 24
38.8%
0.0%
Q2 24
46.8%
0.5%
Q1 24
3.5%
0.4%
Cash Conversion
SSII
SSII
WINA
WINA
Q4 25
0.86×
Q3 25
1.10×
Q2 25
0.85×
Q1 25
1.51×
Q4 24
0.88×
Q3 24
1.09×
Q2 24
0.79×
Q1 24
1.52×

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%

WINA
WINA

Segment breakdown not available.

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