SS Innovations Q1 FY26 net loss narrows to $3.58 million; revenue more than doubles to $11.1 million
SS Innovations International, Inc SSII | 0.00 |
- SS Innovations International posted a net loss of USD 3.58 million for quarter ended March 31, 2026, narrowing from USD 5.68 million a year earlier as revenue more than doubled to USD 11.1 million.
- Operating loss narrowed to USD 3.64 million from USD 5.92 million, while SG&A expense climbed to USD 4.5 million from USD 3.41 million.
- Stock compensation expense rose to USD 3.14 million from USD 2.38 million, while R&D expense edged down to USD 995,440 from USD 1.01 million.
- During the quarter, SS Innovations sold 18 SSi Mantra surgical robotic systems, installed 3 systems on a pay-per-use basis, and upgraded 2 systems.
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