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Side-by-side financial comparison of SS Innovations International, Inc. (SSII) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.

WEST BANCORPORATION INC is the larger business by last-quarter revenue ($26.9M vs $14.5M, roughly 1.9× SS Innovations International, Inc.). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs -17.0%, a 56.2% gap on every dollar of revenue. On growth, SS Innovations International, Inc. posted the faster year-over-year revenue change (79.1% vs 16.6%). WEST BANCORPORATION INC produced more free cash flow last quarter ($12.4M vs $-3.2M). Over the past eight quarters, SS Innovations International, Inc.'s revenue compounded faster (99.9% CAGR vs 17.3%).

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.

West Bancorporation Inc. is a regional financial holding company headquartered in the U.S. Midwest, primarily serving markets across Iowa and Minnesota. It provides a full suite of personal and commercial banking services, including deposit accounts, mortgage loans, business lending, and wealth management solutions for individual consumers, small-to-medium enterprises, and local organizational clients.

SSII vs WTBA — Head-to-Head

Bigger by revenue
WTBA
WTBA
1.9× larger
WTBA
$26.9M
$14.5M
SSII
Growing faster (revenue YoY)
SSII
SSII
+62.5% gap
SSII
79.1%
16.6%
WTBA
Higher net margin
WTBA
WTBA
56.2% more per $
WTBA
39.2%
-17.0%
SSII
More free cash flow
WTBA
WTBA
$15.6M more FCF
WTBA
$12.4M
$-3.2M
SSII
Faster 2-yr revenue CAGR
SSII
SSII
Annualised
SSII
99.9%
17.3%
WTBA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SSII
SSII
WTBA
WTBA
Revenue
$14.5M
$26.9M
Net Profit
$-2.5M
$10.6M
Gross Margin
43.9%
Operating Margin
-3.7%
50.0%
Net Margin
-17.0%
39.2%
Revenue YoY
79.1%
16.6%
Net Profit YoY
-28.5%
34.8%
EPS (diluted)
$-0.01
$0.61

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
WTBA
WTBA
Q1 26
$26.9M
Q4 25
$14.5M
$24.2M
Q3 25
$12.8M
$25.0M
Q2 25
$10.0M
$23.8M
Q1 25
$5.1M
$23.1M
Q4 24
$8.1M
$20.9M
Q3 24
$4.4M
$20.3M
Q2 24
$4.5M
$19.6M
Net Profit
SSII
SSII
WTBA
WTBA
Q1 26
$10.6M
Q4 25
$-2.5M
$7.4M
Q3 25
$-3.7M
$9.3M
Q2 25
$-256.7K
$8.0M
Q1 25
$-5.7M
$7.8M
Q4 24
$-1.9M
$7.1M
Q3 24
$-3.2M
$6.0M
Q2 24
$-4.1M
$5.2M
Gross Margin
SSII
SSII
WTBA
WTBA
Q1 26
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%
Operating Margin
SSII
SSII
WTBA
WTBA
Q1 26
50.0%
Q4 25
-3.7%
39.6%
Q3 25
-14.3%
45.8%
Q2 25
1.0%
43.4%
Q1 25
-115.6%
43.4%
Q4 24
-22.7%
30.9%
Q3 24
-73.1%
36.6%
Q2 24
-90.9%
32.6%
Net Margin
SSII
SSII
WTBA
WTBA
Q1 26
39.2%
Q4 25
-17.0%
30.7%
Q3 25
-29.0%
37.3%
Q2 25
-2.6%
33.5%
Q1 25
-111.0%
34.0%
Q4 24
-23.7%
34.0%
Q3 24
-74.0%
29.3%
Q2 24
-91.8%
26.5%
EPS (diluted)
SSII
SSII
WTBA
WTBA
Q1 26
$0.61
Q4 25
$-0.01
$0.44
Q3 25
$-0.02
$0.55
Q2 25
$0.00
$0.47
Q1 25
$-0.03
$0.46
Q4 24
$-0.01
$0.41
Q3 24
$-0.02
$0.35
Q2 24
$-0.02
$0.31

Balance Sheet & Financial Strength

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

Metric
SSII
SSII
WTBA
WTBA
Cash + ST InvestmentsLiquidity on hand
$3.2M
$362.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$38.2M
$270.7M
Total Assets
$74.2M
$4.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SSII
SSII
WTBA
WTBA
Q1 26
$362.0M
Q4 25
$3.2M
$471.1M
Q3 25
$5.7M
$232.9M
Q2 25
$11.4M
$345.2M
Q1 25
$15.9M
Q4 24
$466.5K
$243.5M
Q3 24
$220.4K
Q2 24
$608.2K
Stockholders' Equity
SSII
SSII
WTBA
WTBA
Q1 26
$270.7M
Q4 25
$38.2M
$266.0M
Q3 25
$39.6M
$255.1M
Q2 25
$42.0M
$240.9M
Q1 25
$40.6M
$237.9M
Q4 24
$13.5M
$227.9M
Q3 24
$13.7M
$235.4M
Q2 24
$14.8M
$223.9M
Total Assets
SSII
SSII
WTBA
WTBA
Q1 26
$4.0B
Q4 25
$74.2M
$4.1B
Q3 25
$69.6M
$4.0B
Q2 25
$70.0M
$4.1B
Q1 25
$63.5M
$4.0B
Q4 24
$42.4M
$4.0B
Q3 24
$39.0M
$4.0B
Q2 24
$35.7M
$4.0B

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
WTBA
WTBA
Operating Cash FlowLast quarter
$-1.5M
$12.9M
Free Cash FlowOCF − Capex
$-3.2M
$12.4M
FCF MarginFCF / Revenue
-22.3%
46.0%
Capex IntensityCapex / Revenue
11.8%
1.8%
Cash ConversionOCF / Net Profit
1.22×
TTM Free Cash FlowTrailing 4 quarters
$-22.2M
$79.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SSII
SSII
WTBA
WTBA
Q1 26
$12.9M
Q4 25
$-1.5M
$46.5M
Q3 25
$-7.5M
$11.4M
Q2 25
$-3.5M
$13.5M
Q1 25
$-6.1M
$9.7M
Q4 24
$-3.3M
$39.8M
Q3 24
$-2.5M
$12.9M
Q2 24
$-1.0M
$10.0M
Free Cash Flow
SSII
SSII
WTBA
WTBA
Q1 26
$12.4M
Q4 25
$-3.2M
$43.2M
Q3 25
$-8.2M
$10.8M
Q2 25
$-3.8M
$12.8M
Q1 25
$-7.0M
$8.3M
Q4 24
$-3.4M
$13.7M
Q3 24
$-4.2M
$7.0M
Q2 24
$-3.1M
$2.7M
FCF Margin
SSII
SSII
WTBA
WTBA
Q1 26
46.0%
Q4 25
-22.3%
178.3%
Q3 25
-64.1%
43.0%
Q2 25
-37.7%
53.6%
Q1 25
-136.2%
35.7%
Q4 24
-41.7%
65.6%
Q3 24
-96.9%
34.2%
Q2 24
-69.5%
14.0%
Capex Intensity
SSII
SSII
WTBA
WTBA
Q1 26
1.8%
Q4 25
11.8%
13.7%
Q3 25
5.9%
2.6%
Q2 25
3.2%
3.2%
Q1 25
17.0%
6.5%
Q4 24
1.5%
125.3%
Q3 24
38.8%
29.4%
Q2 24
46.8%
37.1%
Cash Conversion
SSII
SSII
WTBA
WTBA
Q1 26
1.22×
Q4 25
6.26×
Q3 25
1.23×
Q2 25
1.70×
Q1 25
1.24×
Q4 24
5.61×
Q3 24
2.17×
Q2 24
1.93×

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%

WTBA
WTBA

Segment breakdown not available.

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