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Side-by-side financial comparison of Sphere 3D Corp. (ANY) and AWARE INC (AWRE). Click either name above to swap in a different company.

AWARE INC is the larger business by last-quarter revenue ($3.4M vs $2.7M, roughly 1.2× Sphere 3D Corp.). On growth, Sphere 3D Corp. posted the faster year-over-year revenue change (3.1% vs -6.2%). Over the past eight quarters, AWARE INC's revenue compounded faster (-11.5% CAGR vs -37.4%).

Sphere 3D Corp is a global technology company specializing in cloud computing, data management, and virtualization solutions. It delivers enterprise-grade products and services tailored for small to medium-sized businesses, large enterprise clients, and public sector entities, focusing on optimizing IT infrastructure efficiency and cutting operational costs for end users.

AWARE Inc. is a technology firm specializing in biometric software and identity verification solutions. It develops fingerprint, facial, and iris recognition tools, serving government agencies, financial institutions, and enterprise clients primarily across North America and global regulated markets.

ANY vs AWRE — Head-to-Head

Bigger by revenue
AWRE
AWRE
1.2× larger
AWRE
$3.4M
$2.7M
ANY
Growing faster (revenue YoY)
ANY
ANY
+9.3% gap
ANY
3.1%
-6.2%
AWRE
Faster 2-yr revenue CAGR
AWRE
AWRE
Annualised
AWRE
-11.5%
-37.4%
ANY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ANY
ANY
AWRE
AWRE
Revenue
$2.7M
$3.4M
Net Profit
Gross Margin
90.1%
Operating Margin
-372.7%
-107.8%
Net Margin
Revenue YoY
3.1%
-6.2%
Net Profit YoY
EPS (diluted)
$-6.96

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
ANY
ANY
AWRE
AWRE
Q1 26
$3.4M
Q4 25
$2.7M
$4.7M
Q3 25
$2.6M
$5.1M
Q2 25
$3.0M
$3.9M
Q1 25
$2.8M
$3.6M
Q4 24
$2.6M
$4.8M
Q3 24
$2.4M
$3.8M
Q2 24
$4.7M
$4.3M
Net Profit
ANY
ANY
AWRE
AWRE
Q1 26
Q4 25
$-1.5M
Q3 25
$-4.2M
$-1.1M
Q2 25
$1.7M
$-1.8M
Q1 25
$-8.8M
$-1.6M
Q4 24
$-1.2M
Q3 24
$104.0K
$-1.2M
Q2 24
$2.1M
$-1.1M
Gross Margin
ANY
ANY
AWRE
AWRE
Q1 26
90.1%
Q4 25
94.7%
Q3 25
25.4%
90.4%
Q2 25
23.8%
91.3%
Q1 25
22.1%
93.2%
Q4 24
99.6%
Q3 24
-16.0%
93.0%
Q2 24
15.2%
93.8%
Operating Margin
ANY
ANY
AWRE
AWRE
Q1 26
-107.8%
Q4 25
-372.7%
-31.1%
Q3 25
-153.8%
-25.2%
Q2 25
-87.0%
-50.3%
Q1 25
-184.2%
-51.3%
Q4 24
-328.7%
-30.7%
Q3 24
-218.8%
-38.1%
Q2 24
-122.4%
-31.0%
Net Margin
ANY
ANY
AWRE
AWRE
Q1 26
Q4 25
-31.2%
Q3 25
-162.0%
-20.5%
Q2 25
55.2%
-45.4%
Q1 25
-311.9%
-44.3%
Q4 24
-24.8%
Q3 24
4.4%
-30.3%
Q2 24
45.5%
-25.2%
EPS (diluted)
ANY
ANY
AWRE
AWRE
Q1 26
Q4 25
$-6.96
$-0.07
Q3 25
$-0.15
$-0.05
Q2 25
$0.06
$-0.08
Q1 25
$-0.32
$-0.08
Q4 24
$-4.62
$-0.05
Q3 24
$0.01
$-0.06
Q2 24
$0.10
$-0.05

Balance Sheet & Financial Strength

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

Metric
ANY
ANY
AWRE
AWRE
Cash + ST InvestmentsLiquidity on hand
$3.7M
$4.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$23.3M
Total Assets
$25.1M
$33.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANY
ANY
AWRE
AWRE
Q1 26
$4.6M
Q4 25
$3.7M
$7.3M
Q3 25
$5.3M
$6.3M
Q2 25
$4.7M
$7.3M
Q1 25
$2.8M
$8.5M
Q4 24
$5.4M
$13.0M
Q3 24
$5.0M
$11.2M
Q2 24
$4.3M
$11.5M
Stockholders' Equity
ANY
ANY
AWRE
AWRE
Q1 26
Q4 25
$23.3M
$26.1M
Q3 25
$29.5M
$27.2M
Q2 25
$32.7M
$28.1M
Q1 25
$30.7M
$29.5M
Q4 24
$39.3M
$30.9M
Q3 24
$35.8M
$31.9M
Q2 24
$33.4M
$32.6M
Total Assets
ANY
ANY
AWRE
AWRE
Q1 26
$33.2M
Q4 25
$25.1M
$37.2M
Q3 25
$31.1M
$40.3M
Q2 25
$34.4M
$38.1M
Q1 25
$34.3M
$39.9M
Q4 24
$43.2M
$42.6M
Q3 24
$44.3M
$43.7M
Q2 24
$44.0M
$43.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ANY
ANY
AWRE
AWRE
Operating Cash FlowLast quarter
$-16.1M
Free Cash FlowOCF − Capex
$-23.6M
FCF MarginFCF / Revenue
-867.3%
Capex IntensityCapex / Revenue
275.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-40.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANY
ANY
AWRE
AWRE
Q1 26
Q4 25
$-16.1M
$1.0M
Q3 25
$-3.5M
$-2.4M
Q2 25
$-5.8M
$-1.2M
Q1 25
$-4.1M
$-2.9M
Q4 24
$-4.6M
$683.0K
Q3 24
$290.0K
$-765.0K
Q2 24
$-3.3M
$-668.0K
Free Cash Flow
ANY
ANY
AWRE
AWRE
Q1 26
Q4 25
$-23.6M
$926.0K
Q3 25
$-5.7M
Q2 25
$-6.0M
Q1 25
$-5.1M
$-3.0M
Q4 24
$-13.5M
Q3 24
$-4.3M
Q2 24
FCF Margin
ANY
ANY
AWRE
AWRE
Q1 26
Q4 25
-867.3%
19.9%
Q3 25
-218.7%
Q2 25
-200.5%
Q1 25
-181.2%
-82.7%
Q4 24
-511.9%
Q3 24
-184.4%
Q2 24
Capex Intensity
ANY
ANY
AWRE
AWRE
Q1 26
Q4 25
275.4%
2.6%
Q3 25
86.5%
0.0%
Q2 25
6.6%
0.0%
Q1 25
36.4%
1.2%
Q4 24
338.7%
Q3 24
196.7%
0.0%
Q2 24
0.0%
Cash Conversion
ANY
ANY
AWRE
AWRE
Q1 26
Q4 25
Q3 25
Q2 25
-3.51×
Q1 25
Q4 24
Q3 24
2.79×
Q2 24
-1.55×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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