SSII · NASDAQ · Medical - Devices

SS Innovations International (SSII)

Builds surgical robotics around the SSi Mantra platform.

$3.18
vs last close−0.12 (−3.64%)
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SS Innovations International, Inc.SSII
Health Care

Sells the SSi Mantra surgical robotic system and SSi Mudra instruments. The India-based operating business, founded in 2019, became the core of the current Nasdaq-listed issuer through the CardioVentures merger.

SSi Mantra surgical robotic system and SSi Mudra instruments form the commercial offering of an India-based surgical-robotics business founded in 2019. Commercial sales began after the system's introduction, and the platform supports multiple surgical specialties.

R&D, manufacturing, assembly, and operations are concentrated in the Gurgaon/Delhi NCR area. The company states an affordability-and-accessibility objective for advanced surgical robotics.

The Florida-listed issuer took its current form through the CardioVentures merger and began Nasdaq trading as SSII in April 2025. Its listed identity reflects a merger-driven transition rather than a long-running U.S. medtech lineage.

Company facts

CEOSudhir Srivastava, M.D.
ListedApr 25, 2025
ExchangeNASDAQ
HeadquartersFort Lauderdale, FL
CountryUnited States
Employees523
CIK0001676163
ISINUS05453U2033

Market cap$660.4M
EPS (ttm)−$0.0652
P/E (ttm)−50.61
ROE-26.8%
P/B12.37
P/S12.61
Dividend yieldDiv yield
Beta0.68vs XLV 0.03

No analyst consensus on record.

Next report
Oct 27, 26
estimated · in 34 days
EPS estimate
−$0.01
Revenue estimate
$15.1M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Oct '25Mar '26May '26Aug '26Oct '26
Reported−$0.04−$0.03$0.00−$0.02−$0.01−$0.02−$0.01Pending
Estimate−$0.02−$0.01−$0.01
Surprise0.0%0.0%

RevenueReportedEstimate

Mar '25May '25Aug '25Oct '25Mar '26May '26Aug '26Oct '26
Reported$5.6M$5.1M$10.0M$12.8M$14.5M$11.0M$13.9MPending
Estimate$11.0M$12.0M$15.1M
Surprise0.0%+16.2%
Estimate−$0.01
ReportedDue Oct 27, 2026
Estimate$15.1M
ReportedDue Oct 27, 2026
View details

Debt to equity6.10%
Current ratio224.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$4.4M$5.6M$5.1M$10.0M$12.8M$14.5M$11.1M$13.9M
Net income−$3.2M−$7.5M−$5.7M−$256.7K−$3.7M−$2.5M−$3.6M−$2.7M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$3.2M−$7.6M−$5.9M$97.0K−$1.8M−$735.0K−$3.7M−$2.3M
YoY growthLoss widenedLoss narrowedLoss widenedTurned profitLoss narrowedLoss narrowedLoss narrowedTurned loss

Balance sheet, Jun 30, 2026Cash & short-term investments $13.6M · Total debt $3.2M · Total assets $97.0M · Shareholders' equity $53.4M

Revenue
$13.9M
Operating income
−$2.3M
Net income
−$2.7M
View details

No dividends on record.

Institutions0.82%1.64M shares
23 holders · as of Jun 30, 2026
Insiders81.44%163.20M shares
9 holders · as of Sep 9, 2026
Other17.74%35.54M shares
remainder

200.39M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Srivastava SudhirInsiderdirector, 10 percent owner, officer: Chairman and CEO
54.16%108.52Mfiled Sep 9, 2026
Frederic H. Moll1Insiderdirector, 10 percent owner
11.13%21.79Mfiled Mar 10, 2026
Ranjan R. PaiInsider
7.46%14.95Mfiled Feb 12, 2025
Barry F. CohenInsiderdirector, officer: COO - Americas
3.87%7.76Mfiled Jun 2, 2026
Timothy P. AdamsInsiderdirector
2.66%5.33Mfiled Mar 10, 2026
  1. Frederic H. Moll's transaction reports restate only vehicles that traded; the 2025 ownership statement (21.79M) plus the 501.3K net shares acquired since is used instead.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 4, 2026Srivastava Sudhirdirector, 10 percent owner, officer: Chairman and CEO−33,333$3.00
Mar 6, 2026Srivastava Sudhirdirector, 10 percent owner, officer: Chairman and CEO+498,753$4.01
Mar 6, 2026Timothy P. Adamsdirector+300,000$3.99
Mar 6, 2026Frederic H. Molldirector, 10 percent owner: +501,253$3.99
View details

  • Intuitive Surgical

    da Vinci platforms span the same multi-specialty soft-tissue surgery.

  • Medtronic

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  • Johnson & Johnson

    OTTAVA targets multi-specialty soft-tissue and upper-abdominal surgery.

Compare

CompanyPriceChange
SS Innovations International$3.18−3.64%$660.4M12.6+39.4%
Intuitive Surgical$399.90−0.54%$142.05B45.735.312.9+18.5%
Medtronic$90.64−0.14%$116.19B22.415.13.1+13.7%
Johnson & Johnson$270.17+0.36%$648.72B31.222.86.6+6.6%
Median31.222.86.6+13.7%