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Side-by-side financial comparison of SS Innovations International, Inc. (SSII) and Zedge, Inc. (ZDGE). 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 $7.6M, roughly 1.9× Zedge, Inc.). Zedge, Inc. runs the higher net margin — 10.4% vs -17.0%, a 27.4% gap on every dollar of revenue. On growth, SS Innovations International, Inc. posted the faster year-over-year revenue change (79.1% vs 5.8%). Zedge, Inc. produced more free cash flow last quarter ($808.0K vs $-3.2M). Over the past eight quarters, SS Innovations International, Inc.'s revenue compounded faster (99.9% CAGR vs -1.0%).

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.

Zedge is a content distribution platform that provides consumers with a way to personalize their mobile devices. It has offices in Trondheim, Vilnius, and New York City.

SSII vs ZDGE — Head-to-Head

Bigger by revenue
SSII
SSII
1.9× larger
SSII
$14.5M
$7.6M
ZDGE
Growing faster (revenue YoY)
SSII
SSII
+73.3% gap
SSII
79.1%
5.8%
ZDGE
Higher net margin
ZDGE
ZDGE
27.4% more per $
ZDGE
10.4%
-17.0%
SSII
More free cash flow
ZDGE
ZDGE
$4.0M more FCF
ZDGE
$808.0K
$-3.2M
SSII
Faster 2-yr revenue CAGR
SSII
SSII
Annualised
SSII
99.9%
-1.0%
ZDGE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SSII
SSII
ZDGE
ZDGE
Revenue
$14.5M
$7.6M
Net Profit
$-2.5M
$788.0K
Gross Margin
43.9%
Operating Margin
-3.7%
12.0%
Net Margin
-17.0%
10.4%
Revenue YoY
79.1%
5.8%
Net Profit YoY
-28.5%
332.4%
EPS (diluted)
$-0.01
$0.06

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
ZDGE
ZDGE
Q4 25
$14.5M
$7.6M
Q3 25
$12.8M
$7.5M
Q2 25
$10.0M
$7.8M
Q1 25
$5.1M
$7.0M
Q4 24
$8.1M
$7.2M
Q3 24
$4.4M
$7.6M
Q2 24
$4.5M
$7.7M
Q1 24
$3.6M
$7.8M
Net Profit
SSII
SSII
ZDGE
ZDGE
Q4 25
$-2.5M
$788.0K
Q3 25
$-3.7M
$-559.0K
Q2 25
$-256.7K
$185.0K
Q1 25
$-5.7M
$-1.7M
Q4 24
$-1.9M
$-339.0K
Q3 24
$-3.2M
$-39.0K
Q2 24
$-4.1M
$113.0K
Q1 24
$-9.8M
$-9.2M
Gross Margin
SSII
SSII
ZDGE
ZDGE
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
ZDGE
ZDGE
Q4 25
-3.7%
12.0%
Q3 25
-14.3%
-9.6%
Q2 25
1.0%
2.1%
Q1 25
-115.6%
-31.8%
Q4 24
-22.7%
-6.4%
Q3 24
-73.1%
-0.8%
Q2 24
-90.9%
-1.7%
Q1 24
-270.3%
-153.5%
Net Margin
SSII
SSII
ZDGE
ZDGE
Q4 25
-17.0%
10.4%
Q3 25
-29.0%
-7.5%
Q2 25
-2.6%
2.4%
Q1 25
-111.0%
-24.1%
Q4 24
-23.7%
-4.7%
Q3 24
-74.0%
-0.5%
Q2 24
-91.8%
1.5%
Q1 24
-270.5%
-118.8%
EPS (diluted)
SSII
SSII
ZDGE
ZDGE
Q4 25
$-0.01
$0.06
Q3 25
$-0.02
$-0.04
Q2 25
$0.00
$0.01
Q1 25
$-0.03
$-0.12
Q4 24
$-0.01
$-0.02
Q3 24
$-0.02
$0.00
Q2 24
$-0.02
$0.01
Q1 24
$-0.06
$-0.66

Balance Sheet & Financial Strength

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

Metric
SSII
SSII
ZDGE
ZDGE
Cash + ST InvestmentsLiquidity on hand
$3.2M
$18.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$38.2M
$25.9M
Total Assets
$74.2M
$36.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SSII
SSII
ZDGE
ZDGE
Q4 25
$3.2M
$18.5M
Q3 25
$5.7M
$18.6M
Q2 25
$11.4M
$20.4M
Q1 25
$15.9M
$20.1M
Q4 24
$466.5K
$20.2M
Q3 24
$220.4K
$20.0M
Q2 24
$608.2K
$19.9M
Q1 24
$948.1K
$18.1M
Stockholders' Equity
SSII
SSII
ZDGE
ZDGE
Q4 25
$38.2M
$25.9M
Q3 25
$39.6M
$25.9M
Q2 25
$42.0M
$28.6M
Q1 25
$40.6M
$28.2M
Q4 24
$13.5M
$30.1M
Q3 24
$13.7M
$30.9M
Q2 24
$14.8M
$30.9M
Q1 24
$16.7M
$30.7M
Total Assets
SSII
SSII
ZDGE
ZDGE
Q4 25
$74.2M
$36.0M
Q3 25
$69.6M
$35.7M
Q2 25
$70.0M
$37.8M
Q1 25
$63.5M
$37.1M
Q4 24
$42.4M
$38.2M
Q3 24
$39.0M
$38.2M
Q2 24
$35.7M
$38.1M
Q1 24
$35.2M
$37.1M

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
ZDGE
ZDGE
Operating Cash FlowLast quarter
$-1.5M
$825.0K
Free Cash FlowOCF − Capex
$-3.2M
$808.0K
FCF MarginFCF / Revenue
-22.3%
10.6%
Capex IntensityCapex / Revenue
11.8%
0.2%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$-22.2M
$3.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SSII
SSII
ZDGE
ZDGE
Q4 25
$-1.5M
$825.0K
Q3 25
$-7.5M
$674.0K
Q2 25
$-3.5M
$870.0K
Q1 25
$-6.1M
$708.0K
Q4 24
$-3.3M
$1.2M
Q3 24
$-2.5M
$695.0K
Q2 24
$-1.0M
$2.3M
Q1 24
$-2.7M
$1.6M
Free Cash Flow
SSII
SSII
ZDGE
ZDGE
Q4 25
$-3.2M
$808.0K
Q3 25
$-8.2M
$640.0K
Q2 25
$-3.8M
$851.0K
Q1 25
$-7.0M
$689.0K
Q4 24
$-3.4M
$1.2M
Q3 24
$-4.2M
$683.0K
Q2 24
$-3.1M
$2.3M
Q1 24
$-2.8M
$1.6M
FCF Margin
SSII
SSII
ZDGE
ZDGE
Q4 25
-22.3%
10.6%
Q3 25
-64.1%
8.6%
Q2 25
-37.7%
11.0%
Q1 25
-136.2%
9.9%
Q4 24
-41.7%
16.1%
Q3 24
-96.9%
9.0%
Q2 24
-69.5%
30.4%
Q1 24
-76.9%
20.0%
Capex Intensity
SSII
SSII
ZDGE
ZDGE
Q4 25
11.8%
0.2%
Q3 25
5.9%
0.5%
Q2 25
3.2%
0.2%
Q1 25
17.0%
0.3%
Q4 24
1.5%
0.2%
Q3 24
38.8%
0.2%
Q2 24
46.8%
0.2%
Q1 24
3.5%
0.0%
Cash Conversion
SSII
SSII
ZDGE
ZDGE
Q4 25
1.05×
Q3 25
Q2 25
4.70×
Q1 25
Q4 24
Q3 24
Q2 24
20.73×
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%

ZDGE
ZDGE

Zedge Marketplace$7.1M94%
Other$468.0K6%

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