vs
Side-by-side financial comparison of Sphere 3D Corp. (ANY) and MOBIX LABS, INC (MOBX). Click either name above to swap in a different company.
Sphere 3D Corp. is the larger business by last-quarter revenue ($2.7M vs $1.9M, roughly 1.5× MOBIX LABS, INC). On growth, Sphere 3D Corp. posted the faster year-over-year revenue change (3.1% vs -40.8%). Over the past eight quarters, MOBIX LABS, INC's revenue compounded faster (28.0% 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.
ANY vs MOBX — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.7M | $1.9M |
| Net Profit | — | $-10.1M |
| Gross Margin | — | 31.0% |
| Operating Margin | -372.7% | -471.1% |
| Net Margin | — | -540.0% |
| Revenue YoY | 3.1% | -40.8% |
| Net Profit YoY | — | 49.0% |
| EPS (diluted) | $-6.96 | $-0.16 |
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 | $1.9M | ||
| Q3 25 | $2.6M | $1.9M | ||
| Q2 25 | $3.0M | $2.4M | ||
| Q1 25 | $2.8M | $2.5M | ||
| Q4 24 | $2.6M | $3.2M | ||
| Q3 24 | $2.4M | $3.0M | ||
| Q2 24 | $4.7M | $2.1M | ||
| Q1 24 | $6.9M | $1.1M |
| Q4 25 | — | $-10.1M | ||
| Q3 25 | $-4.2M | $-15.7M | ||
| Q2 25 | $1.7M | $-8.3M | ||
| Q1 25 | $-8.8M | $-2.3M | ||
| Q4 24 | — | $-19.8M | ||
| Q3 24 | $104.0K | $-11.5M | ||
| Q2 24 | $2.1M | $-7.7M | ||
| Q1 24 | $-4.5M | $-1.8M |
| Q4 25 | — | 31.0% | ||
| Q3 25 | 25.4% | 50.5% | ||
| Q2 25 | 23.8% | 57.4% | ||
| Q1 25 | 22.1% | 40.6% | ||
| Q4 24 | — | 53.2% | ||
| Q3 24 | -16.0% | 56.6% | ||
| Q2 24 | 15.2% | 35.5% | ||
| Q1 24 | 38.0% | 16.9% |
| Q4 25 | -372.7% | -471.1% | ||
| Q3 25 | -153.8% | -834.9% | ||
| Q2 25 | -87.0% | -343.4% | ||
| Q1 25 | -184.2% | -311.7% | ||
| Q4 24 | -328.7% | -461.7% | ||
| Q3 24 | -218.8% | -378.0% | ||
| Q2 24 | -122.4% | -454.2% | ||
| Q1 24 | -26.9% | -747.8% |
| Q4 25 | — | -540.0% | ||
| Q3 25 | -162.0% | -835.8% | ||
| Q2 25 | 55.2% | -352.0% | ||
| Q1 25 | -311.9% | -91.2% | ||
| Q4 24 | — | -626.0% | ||
| Q3 24 | 4.4% | -390.6% | ||
| Q2 24 | 45.5% | -373.1% | ||
| Q1 24 | -64.5% | -153.1% |
| Q4 25 | $-6.96 | $-0.16 | ||
| Q3 25 | $-0.15 | $-0.26 | ||
| Q2 25 | $0.06 | $-0.17 | ||
| Q1 25 | $-0.32 | $-0.06 | ||
| Q4 24 | $-4.62 | $-0.52 | ||
| Q3 24 | $0.01 | $-0.33 | ||
| Q2 24 | $0.10 | $-0.25 | ||
| Q1 24 | $-0.27 | $-0.21 |
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 | — |
| Total DebtLower is stronger | — | $6.3M |
| Stockholders' EquityBook value | $23.3M | $4.7M |
| Total Assets | $25.1M | $32.7M |
| Debt / EquityLower = less leverage | — | 1.34× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.7M | — | ||
| Q3 25 | $5.3M | — | ||
| Q2 25 | $4.7M | — | ||
| Q1 25 | $2.8M | — | ||
| Q4 24 | $5.4M | — | ||
| Q3 24 | $5.0M | — | ||
| Q2 24 | $4.3M | — | ||
| Q1 24 | $9.3M | — |
| Q4 25 | — | $6.3M | ||
| Q3 25 | — | $6.2M | ||
| Q2 25 | — | $4.4M | ||
| Q1 25 | — | $4.6M | ||
| Q4 24 | — | $3.6M | ||
| Q3 24 | — | $3.4M | ||
| Q2 24 | — | $3.2M | ||
| Q1 24 | — | $3.2M |
| Q4 25 | $23.3M | $4.7M | ||
| Q3 25 | $29.5M | $-336.0K | ||
| Q2 25 | $32.7M | $425.0K | ||
| Q1 25 | $30.7M | $342.0K | ||
| Q4 24 | $39.3M | $-3.0M | ||
| Q3 24 | $35.8M | $5.5M | ||
| Q2 24 | $33.4M | $8.5M | ||
| Q1 24 | $27.5M | $4.2M |
| Q4 25 | $25.1M | $32.7M | ||
| Q3 25 | $31.1M | $37.1M | ||
| Q2 25 | $34.4M | $34.6M | ||
| Q1 25 | $34.3M | $36.5M | ||
| Q4 24 | $43.2M | $37.3M | ||
| Q3 24 | $44.3M | $39.1M | ||
| Q2 24 | $44.0M | $41.3M | ||
| Q1 24 | $42.0M | $29.5M |
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 10.26× | ||
| Q1 25 | — | 13.44× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.62× | ||
| Q2 24 | — | 0.38× | ||
| Q1 24 | — | 0.76× |
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 | $-4.8M |
| 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 | $-4.8M | ||
| Q3 25 | $-3.5M | $-4.5M | ||
| Q2 25 | $-5.8M | $-4.1M | ||
| Q1 25 | $-4.1M | $-586.0K | ||
| Q4 24 | $-4.6M | $-930.0K | ||
| Q3 24 | $290.0K | $-3.6M | ||
| Q2 24 | $-3.3M | $-3.1M | ||
| Q1 24 | $-58.0K | $-8.1M |
| Q4 25 | $-23.6M | — | ||
| Q3 25 | $-5.7M | — | ||
| Q2 25 | $-6.0M | — | ||
| Q1 25 | $-5.1M | — | ||
| Q4 24 | $-13.5M | — | ||
| Q3 24 | $-4.3M | $-4.6M | ||
| Q2 24 | — | $-3.1M | ||
| Q1 24 | — | $-9.1M |
| Q4 25 | -867.3% | — | ||
| Q3 25 | -218.7% | — | ||
| Q2 25 | -200.5% | — | ||
| Q1 25 | -181.2% | — | ||
| Q4 24 | -511.9% | — | ||
| Q3 24 | -184.4% | -157.1% | ||
| Q2 24 | — | -151.8% | ||
| Q1 24 | — | -794.1% |
| Q4 25 | 275.4% | — | ||
| Q3 25 | 86.5% | — | ||
| Q2 25 | 6.6% | — | ||
| Q1 25 | 36.4% | — | ||
| Q4 24 | 338.7% | — | ||
| Q3 24 | 196.7% | 34.5% | ||
| Q2 24 | 0.0% | 2.2% | ||
| Q1 24 | 0.0% | 87.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -3.51× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.79× | — | ||
| 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.
MOBX
| US | $1.7M | 92% |
| Other | $155.0K | 8% |
