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Side-by-side financial comparison of ADAMAS TRUST, INC. (ADAM) and Gevo, Inc. (GEVO). Click either name above to swap in a different company.
Gevo, Inc. is the larger business by last-quarter revenue ($45.3M vs $43.2M, roughly 1.1× ADAMAS TRUST, INC.). ADAMAS TRUST, INC. runs the higher net margin — 124.0% vs -13.2%, a 137.2% gap on every dollar of revenue. On growth, Gevo, Inc. posted the faster year-over-year revenue change (695.6% vs 61.6%). ADAMAS TRUST, INC. produced more free cash flow last quarter ($125.9M vs $8.7M). Over the past eight quarters, Gevo, Inc.'s revenue compounded faster (237.1% CAGR vs 55.5%).
Gevo, Inc. is an American renewable chemicals and advanced biofuels company headquartered in unincorporated Douglas County, Colorado, in the Denver-Aurora metropolitan area. Gevo operates in the sustainability sector, pursuing a business model based on the concept of the "circular economy". The company develops bio-based alternatives to petroleum-based products using a combination of biotechnology and classical chemistry. Gevo uses the GREET model from Argonne National Laboratory as a basis f...
ADAM vs GEVO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.2M | $45.3M |
| Net Profit | $53.5M | $-6.0M |
| Gross Margin | — | — |
| Operating Margin | — | -4.8% |
| Net Margin | 124.0% | -13.2% |
| Revenue YoY | 61.6% | 695.6% |
| Net Profit YoY | 270.5% | 65.9% |
| EPS (diluted) | $0.45 | $-0.03 |
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.
| Q4 25 | $43.2M | $45.3M | ||
| Q3 25 | $36.6M | $42.7M | ||
| Q2 25 | $36.4M | $43.4M | ||
| Q1 25 | $33.1M | $29.1M | ||
| Q4 24 | $26.7M | $5.7M | ||
| Q3 24 | $20.2M | $2.0M | ||
| Q2 24 | $19.0M | $5.3M | ||
| Q1 24 | $17.9M | $4.0M |
| Q4 25 | $53.5M | $-6.0M | ||
| Q3 25 | $44.8M | $-8.0M | ||
| Q2 25 | $8.5M | $2.1M | ||
| Q1 25 | $42.2M | $-21.7M | ||
| Q4 24 | $-31.4M | $-17.6M | ||
| Q3 24 | $42.8M | $-21.2M | ||
| Q2 24 | $-15.6M | $-21.0M | ||
| Q1 24 | $-57.9M | $-18.9M |
| Q4 25 | — | -4.8% | ||
| Q3 25 | — | -8.6% | ||
| Q2 25 | 11.7% | 13.4% | ||
| Q1 25 | — | -69.2% | ||
| Q4 24 | -119.0% | -344.7% | ||
| Q3 24 | — | -1221.8% | ||
| Q2 24 | -124.7% | -456.8% | ||
| Q1 24 | -448.8% | -580.0% |
| Q4 25 | 124.0% | -13.2% | ||
| Q3 25 | 122.5% | -18.6% | ||
| Q2 25 | 23.4% | 4.9% | ||
| Q1 25 | 127.4% | -74.6% | ||
| Q4 24 | -117.5% | -308.9% | ||
| Q3 24 | 211.7% | -1076.6% | ||
| Q2 24 | -81.9% | -399.3% | ||
| Q1 24 | -324.1% | -473.1% |
| Q4 25 | $0.45 | $-0.03 | ||
| Q3 25 | $0.36 | $-0.03 | ||
| Q2 25 | $-0.04 | $0.01 | ||
| Q1 25 | $0.33 | $-0.09 | ||
| Q4 24 | $-0.46 | $-0.08 | ||
| Q3 24 | $0.36 | $-0.09 | ||
| Q2 24 | $-0.29 | $-0.09 | ||
| Q1 24 | $-0.75 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $210.3M | $81.2M |
| Total DebtLower is stronger | $735.8M | $164.8M |
| Stockholders' EquityBook value | $1.4B | $466.3M |
| Total Assets | $12.6B | $718.9M |
| Debt / EquityLower = less leverage | 0.52× | 0.35× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $210.3M | $81.2M | ||
| Q3 25 | $185.3M | $72.6M | ||
| Q2 25 | $160.4M | $57.3M | ||
| Q1 25 | $177.1M | $65.3M | ||
| Q4 24 | $167.4M | $189.4M | ||
| Q3 24 | $195.1M | $223.2M | ||
| Q2 24 | $235.5M | $245.7M | ||
| Q1 24 | $226.9M | $270.6M |
| Q4 25 | $735.8M | $164.8M | ||
| Q3 25 | $766.6M | $164.5M | ||
| Q2 25 | $653.0M | $167.5M | ||
| Q1 25 | $654.4M | $167.0M | ||
| Q4 24 | $573.2M | $67.1M | ||
| Q3 24 | $699.4M | $67.0M | ||
| Q2 24 | $800.7M | $66.8M | ||
| Q1 24 | $1.0B | $68.3M |
| Q4 25 | $1.4B | $466.3M | ||
| Q3 25 | $1.4B | $468.9M | ||
| Q2 25 | $1.4B | $474.1M | ||
| Q1 25 | $1.4B | $469.8M | ||
| Q4 24 | $1.4B | $489.5M | ||
| Q3 24 | $1.4B | $504.7M | ||
| Q2 24 | $1.4B | $522.7M | ||
| Q1 24 | $1.5B | $541.9M |
| Q4 25 | $12.6B | $718.9M | ||
| Q3 25 | $12.4B | $685.2M | ||
| Q2 25 | $10.6B | $702.1M | ||
| Q1 25 | $10.0B | $677.8M | ||
| Q4 24 | $9.2B | $583.9M | ||
| Q3 24 | $8.9B | $583.9M | ||
| Q2 24 | $8.2B | $617.9M | ||
| Q1 24 | $7.4B | $633.6M |
| Q4 25 | 0.52× | 0.35× | ||
| Q3 25 | 0.55× | 0.35× | ||
| Q2 25 | 0.47× | 0.35× | ||
| Q1 25 | 0.47× | 0.36× | ||
| Q4 24 | 0.41× | 0.14× | ||
| Q3 24 | 0.48× | 0.13× | ||
| Q2 24 | 0.56× | 0.13× | ||
| Q1 24 | 0.67× | 0.13× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $134.0M | $20.0M |
| Free Cash FlowOCF − Capex | $125.9M | $8.7M |
| FCF MarginFCF / Revenue | 291.6% | 19.3% |
| Capex IntensityCapex / Revenue | 18.9% | 24.7% |
| Cash ConversionOCF / Net Profit | 2.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-43.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $134.0M | $20.0M | ||
| Q3 25 | $6.9M | $-6.8M | ||
| Q2 25 | $39.2M | $-2.5M | ||
| Q1 25 | $25.8M | $-24.0M | ||
| Q4 24 | $14.1M | $-18.8M | ||
| Q3 24 | $-922.0K | $-11.0M | ||
| Q2 24 | $-993.0K | $-11.4M | ||
| Q1 24 | $-13.1M | $-16.1M |
| Q4 25 | $125.9M | $8.7M | ||
| Q3 25 | — | $-14.6M | ||
| Q2 25 | — | $-7.8M | ||
| Q1 25 | — | $-29.9M | ||
| Q4 24 | $-10.6M | $-33.5M | ||
| Q3 24 | $-8.6M | $-20.8M | ||
| Q2 24 | $-8.6M | $-20.6M | ||
| Q1 24 | $-19.1M | $-33.6M |
| Q4 25 | 291.6% | 19.3% | ||
| Q3 25 | — | -34.2% | ||
| Q2 25 | — | -17.9% | ||
| Q1 25 | — | -102.7% | ||
| Q4 24 | -39.6% | -587.2% | ||
| Q3 24 | -42.3% | -1057.0% | ||
| Q2 24 | -44.9% | -392.4% | ||
| Q1 24 | -107.0% | -841.9% |
| Q4 25 | 18.9% | 24.7% | ||
| Q3 25 | — | 18.3% | ||
| Q2 25 | — | 12.1% | ||
| Q1 25 | — | 20.0% | ||
| Q4 24 | 92.3% | 256.6% | ||
| Q3 24 | 37.7% | 496.2% | ||
| Q2 24 | 39.7% | 174.8% | ||
| Q1 24 | 33.5% | 438.9% |
| Q4 25 | 2.50× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 4.59× | -1.18× | ||
| Q1 25 | 0.61× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.02× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADAM
| Other | $19.6M | 45% |
| Constructive Loans LLC | $14.4M | 33% |
| Multifamily | $9.1M | 21% |
GEVO
Segment breakdown not available.
