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Side-by-side financial comparison of StoneBridge Acquisition II Corp (APAC) and DevvStream Corp. (DEVS). Click either name above to swap in a different company.

DevvStream Corp. is the larger business by last-quarter revenue ($7.0K vs $19, roughly 370.7× StoneBridge Acquisition II Corp). DevvStream Corp. runs the higher net margin — -48481.7% vs -307242.1%, a 258760.4% gap on every dollar of revenue.

DevvStream Corp is a sustainability technology and carbon project development firm. It partners with enterprises to design, implement and monetize verified environmental projects including renewable energy, reforestation and waste reduction, serving clients across North America and Asia Pacific working to meet ESG and net zero targets.

APAC vs DEVS — Head-to-Head

Bigger by revenue
DEVS
DEVS
370.7× larger
DEVS
$7.0K
$19
APAC
Higher net margin
DEVS
DEVS
258760.4% more per $
DEVS
-48481.7%
-307242.1%
APAC

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
APAC
APAC
DEVS
DEVS
Revenue
$19
$7.0K
Net Profit
$-58.4K
$-3.4M
Gross Margin
3.8%
Operating Margin
Net Margin
-307242.1%
-48481.7%
Revenue YoY
Net Profit YoY
25.1%
EPS (diluted)
$-0.80

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
APAC
APAC
DEVS
DEVS
Q1 26
$7.0K
Q4 25
$1.1K
Q3 25
$19
Q2 25
$10.2K
Q1 25
$0
Net Profit
APAC
APAC
DEVS
DEVS
Q1 26
$-3.4M
Q4 25
$-521.5K
Q3 25
$-58.4K
Q2 25
$3.5M
Q1 25
$-4.6M
Gross Margin
APAC
APAC
DEVS
DEVS
Q1 26
3.8%
Q4 25
Q3 25
Q2 25
73.6%
Q1 25
Net Margin
APAC
APAC
DEVS
DEVS
Q1 26
-48481.7%
Q4 25
-47413.3%
Q3 25
-307242.1%
Q2 25
34657.9%
Q1 25
EPS (diluted)
APAC
APAC
DEVS
DEVS
Q1 26
$-0.80
Q4 25
$-0.14
Q3 25
Q2 25
$0.12
Q1 25
$-1.69

Balance Sheet & Financial Strength

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

Metric
APAC
APAC
DEVS
DEVS
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$-40.9K
$-19.3M
Total Assets
$501.1K
$7.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Stockholders' Equity
APAC
APAC
DEVS
DEVS
Q1 26
$-19.3M
Q4 25
$-19.3M
Q3 25
$-40.9K
Q2 25
$-15.1M
Q1 25
$-19.3M
Total Assets
APAC
APAC
DEVS
DEVS
Q1 26
$7.3M
Q4 25
$8.8M
Q3 25
$501.1K
Q2 25
$2.4M
Q1 25
$2.7M

Cash Flow & Capital Efficiency

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

Metric
APAC
APAC
DEVS
DEVS
Operating Cash FlowLast quarter
$187.2K
$-2.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APAC
APAC
DEVS
DEVS
Q1 26
$-2.9M
Q4 25
$-3.0M
Q3 25
$187.2K
Q2 25
$-711.8K
Q1 25
Cash Conversion
APAC
APAC
DEVS
DEVS
Q1 26
Q4 25
Q3 25
Q2 25
-0.20×
Q1 25

Financial Flow Comparison

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

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