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Side-by-side financial comparison of Sphere 3D Corp. (ANY) and HeartCore Enterprises, Inc. (HTCR). Click either name above to swap in a different company.
HeartCore Enterprises, Inc. is the larger business by last-quarter revenue ($3.0M vs $2.7M, roughly 1.1× Sphere 3D Corp.). On growth, Sphere 3D Corp. posted the faster year-over-year revenue change (3.1% vs -81.6%). Over the past eight quarters, HeartCore Enterprises, Inc.'s revenue compounded faster (-5.2% 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.
HeartCore Enterprises, Inc. is a global SaaS provider specializing in customer experience management, digital transformation solutions, and marketing technology tools. It operates mainly in Japan, Asia-Pacific, and North America, serving small-to-medium businesses and large enterprises with content management systems, marketing automation platforms, and CRM solutions.
ANY vs HTCR — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.7M | $3.0M |
| Net Profit | — | $434.1K |
| Gross Margin | — | 49.1% |
| Operating Margin | -372.7% | -0.4% |
| Net Margin | — | 14.5% |
| Revenue YoY | 3.1% | -81.6% |
| Net Profit YoY | — | -96.1% |
| EPS (diluted) | $-6.96 | $0.02 |
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 | $2.7M | — | ||
| Q3 25 | $2.6M | $3.0M | ||
| Q2 25 | $3.0M | $4.7M | ||
| Q1 25 | $2.8M | $3.6M | ||
| Q4 24 | $2.6M | $-2.7M | ||
| Q3 24 | $2.4M | $16.2M | ||
| Q2 24 | $4.7M | $4.1M | ||
| Q1 24 | $6.9M | $5.0M |
| Q4 25 | — | — | ||
| Q3 25 | $-4.2M | $434.1K | ||
| Q2 25 | $1.7M | $1.1M | ||
| Q1 25 | $-8.8M | $-3.1M | ||
| Q4 24 | — | $-9.3M | ||
| Q3 24 | $104.0K | $11.1M | ||
| Q2 24 | $2.1M | $-2.0M | ||
| Q1 24 | $-4.5M | $-1.3M |
| Q4 25 | — | — | ||
| Q3 25 | 25.4% | 49.1% | ||
| Q2 25 | 23.8% | 46.7% | ||
| Q1 25 | 22.1% | 30.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | -16.0% | 86.3% | ||
| Q2 24 | 15.2% | 19.8% | ||
| Q1 24 | 38.0% | 40.3% |
| Q4 25 | -372.7% | — | ||
| Q3 25 | -153.8% | -0.4% | ||
| Q2 25 | -87.0% | 2.3% | ||
| Q1 25 | -184.2% | -34.7% | ||
| Q4 24 | -328.7% | 386.5% | ||
| Q3 24 | -218.8% | 76.0% | ||
| Q2 24 | -122.4% | -37.1% | ||
| Q1 24 | -26.9% | -13.5% |
| Q4 25 | — | — | ||
| Q3 25 | -162.0% | 14.5% | ||
| Q2 25 | 55.2% | 23.2% | ||
| Q1 25 | -311.9% | -86.1% | ||
| Q4 24 | — | 346.8% | ||
| Q3 24 | 4.4% | 68.1% | ||
| Q2 24 | 45.5% | -48.0% | ||
| Q1 24 | -64.5% | -26.4% |
| Q4 25 | $-6.96 | — | ||
| Q3 25 | $-0.15 | $0.02 | ||
| Q2 25 | $0.06 | $0.04 | ||
| Q1 25 | $-0.32 | $-0.14 | ||
| Q4 24 | $-4.62 | $-0.45 | ||
| Q3 24 | $0.01 | $0.53 | ||
| Q2 24 | $0.10 | $-0.09 | ||
| Q1 24 | $-0.27 | $-0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.7M | $4.4M |
| Total DebtLower is stronger | — | $510.9K |
| Stockholders' EquityBook value | $23.3M | $5.2M |
| Total Assets | $25.1M | $13.3M |
| Debt / EquityLower = less leverage | — | 0.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.7M | — | ||
| Q3 25 | $5.3M | $4.4M | ||
| Q2 25 | $4.7M | $2.5M | ||
| Q1 25 | $2.8M | $2.3M | ||
| Q4 24 | $5.4M | $6.5M | ||
| Q3 24 | $5.0M | $8.6M | ||
| Q2 24 | $4.3M | $4.2M | ||
| Q1 24 | $9.3M | $1.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | $510.9K | ||
| Q2 25 | — | $1.5M | ||
| Q1 25 | — | $1.5M | ||
| Q4 24 | — | $545.1K | ||
| Q3 24 | — | $1.9M | ||
| Q2 24 | — | $1.9M | ||
| Q1 24 | — | $2.0M |
| Q4 25 | $23.3M | — | ||
| Q3 25 | $29.5M | $5.2M | ||
| Q2 25 | $32.7M | $4.8M | ||
| Q1 25 | $30.7M | $1.8M | ||
| Q4 24 | $39.3M | $4.7M | ||
| Q3 24 | $35.8M | $12.4M | ||
| Q2 24 | $33.4M | $1.6M | ||
| Q1 24 | $27.5M | $3.9M |
| Q4 25 | $25.1M | — | ||
| Q3 25 | $31.1M | $13.3M | ||
| Q2 25 | $34.4M | $13.5M | ||
| Q1 25 | $34.3M | $10.2M | ||
| Q4 24 | $43.2M | $14.0M | ||
| Q3 24 | $44.3M | $25.5M | ||
| Q2 24 | $44.0M | $24.1M | ||
| Q1 24 | $42.0M | $22.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | 0.84× | ||
| Q4 24 | — | 0.12× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 1.20× | ||
| Q1 24 | — | 0.50× |
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 | $-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.
| Q4 25 | $-16.1M | — | ||
| Q3 25 | $-3.5M | — | ||
| Q2 25 | $-5.8M | $-674.1K | ||
| Q1 25 | $-4.1M | $-2.0M | ||
| Q4 24 | $-4.6M | $-1.3M | ||
| Q3 24 | $290.0K | $-1.8M | ||
| Q2 24 | $-3.3M | $-837.1K | ||
| Q1 24 | $-58.0K | $-898.6K |
| Q4 25 | $-23.6M | — | ||
| Q3 25 | $-5.7M | — | ||
| Q2 25 | $-6.0M | — | ||
| Q1 25 | $-5.1M | — | ||
| Q4 24 | $-13.5M | — | ||
| Q3 24 | $-4.3M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -867.3% | — | ||
| Q3 25 | -218.7% | — | ||
| Q2 25 | -200.5% | — | ||
| Q1 25 | -181.2% | — | ||
| Q4 24 | -511.9% | — | ||
| Q3 24 | -184.4% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 275.4% | — | ||
| Q3 25 | 86.5% | — | ||
| Q2 25 | 6.6% | — | ||
| Q1 25 | 36.4% | — | ||
| Q4 24 | 338.7% | — | ||
| Q3 24 | 196.7% | 0.0% | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -3.51× | -0.61× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.79× | -0.16× | ||
| Q2 24 | -1.55× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ANY
Segment breakdown not available.
HTCR
| Customised Software Development And Services | $1.7M | 58% |
| Software Related Cost Of Revenues | $1.4M | 46% |
