Earnings ·
SS Innovations International reports Q2 revenue of $13.9 million, up 39.4%, with net loss of $2.7 million
SSIISS Innovations International, Inc.
SS Innovations International reported unaudited financial results for the second quarter ended June 30, 2026. Revenue increased 39.4% to $13.9 million from $10.0 million in the prior year period, driven by a 30.4% rise in SSi Mantra surgical robotic system installations to 30 units. Gross margin decreased to 50.9% from 59.1%, resulting in a net loss of $2.7 million, or $(0.01) per diluted share, compared to a $0.3 million loss previously. Cash and cash equivalents totaled $13.6 million as of June 30, with no long-term debt. The company also announced the successful completion of a robotic telesurgery between Colombia and India in July 2026, spanning over 13,600 miles. SS Innovations International develops innovative surgical robotic technologies to make robotic surgery affordable and accessible globally.