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Side-by-side financial comparison of Applied Therapeutics, Inc. (APLT) and T Stamp Inc (IDAI). Click either name above to swap in a different company.

Applied Therapeutics, Inc. is the larger business by last-quarter revenue ($1.0M vs $908.9K, roughly 1.1× T Stamp Inc). T Stamp Inc runs the higher net margin — -279.9% vs -1899.0%, a 1619.1% gap on every dollar of revenue. On growth, Applied Therapeutics, Inc. posted the faster year-over-year revenue change (719.7% vs -39.3%).

Relief Therapeutics is a Swiss biopharmaceutical company based in Geneva. The company focuses on developing drugs for serious diseases with few or no existing treatment options. Its lead compound, RLF-100, is a synthetic form of a natural peptide that protects the lung. The company was incorporated as Relief Therapeutics Holdings AG (RFLB.S) and listed on the SIX Swiss Exchange in 2016.

T Stamp Inc, trading under ticker IDAI, develops AI-powered identity verification, trust scoring, and fraud prevention solutions. It serves clients across fintech, healthcare, and e-commerce segments, primarily operating in North America to help organizations securely authenticate user identities and mitigate fraud risks.

APLT vs IDAI — Head-to-Head

Bigger by revenue
APLT
APLT
1.1× larger
APLT
$1.0M
$908.9K
IDAI
Growing faster (revenue YoY)
APLT
APLT
+759.0% gap
APLT
719.7%
-39.3%
IDAI
Higher net margin
IDAI
IDAI
1619.1% more per $
IDAI
-279.9%
-1899.0%
APLT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
APLT
APLT
IDAI
IDAI
Revenue
$1.0M
$908.9K
Net Profit
$-19.0M
$-2.5M
Gross Margin
Operating Margin
-1675.8%
-224.9%
Net Margin
-1899.0%
-279.9%
Revenue YoY
719.7%
-39.3%
Net Profit YoY
72.3%
57.7%
EPS (diluted)
$-0.13
$-0.37

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
APLT
APLT
IDAI
IDAI
Q4 25
$908.9K
Q3 25
$1.0M
$872.5K
Q2 25
$0
$812.7K
Q1 25
$0
$545.5K
Q4 24
$-1.0K
$1.5M
Q3 24
$511.1K
Q2 24
$144.0K
$500.4K
Q1 24
$190.0K
$573.7K
Net Profit
APLT
APLT
IDAI
IDAI
Q4 25
$-2.5M
Q3 25
$-19.0M
$-1.9M
Q2 25
$-21.3M
$-1.7M
Q1 25
$-21.8M
$-2.2M
Q4 24
$44.0M
$-6.0M
Q3 24
$-1.3M
Q2 24
$2.9M
$-2.6M
Q1 24
$-83.9M
$-2.7M
Operating Margin
APLT
APLT
IDAI
IDAI
Q4 25
-224.9%
Q3 25
-1675.8%
-203.0%
Q2 25
-207.0%
Q1 25
-396.5%
Q4 24
3302300.0%
-81.2%
Q3 24
-523.7%
Q2 24
-14194.4%
-524.7%
Q1 24
-11101.6%
-496.7%
Net Margin
APLT
APLT
IDAI
IDAI
Q4 25
-279.9%
Q3 25
-1899.0%
-219.1%
Q2 25
-210.7%
Q1 25
-395.5%
Q4 24
-4400700.0%
-401.5%
Q3 24
-245.7%
Q2 24
2012.5%
-519.3%
Q1 24
-44177.9%
-466.9%
EPS (diluted)
APLT
APLT
IDAI
IDAI
Q4 25
$-0.37
Q3 25
$-0.13
$-0.72
Q2 25
$-0.15
$-0.69
Q1 25
$-0.15
$-0.89
Q4 24
$0.52
$-3.14
Q3 24
$-1.06
Q2 24
$-0.13
$-3.19
Q1 24
$-0.67
$-3.97

Balance Sheet & Financial Strength

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

Metric
APLT
APLT
IDAI
IDAI
Cash + ST InvestmentsLiquidity on hand
$11.9M
$6.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-561.0K
$8.7M
Total Assets
$34.4M
$11.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APLT
APLT
IDAI
IDAI
Q4 25
$6.0M
Q3 25
$11.9M
$5.4M
Q2 25
$30.4M
$292.1K
Q1 25
$50.8M
$1.1M
Q4 24
$79.4M
$2.8M
Q3 24
$598.0K
Q2 24
$122.2M
$659.5K
Q1 24
$146.5M
$816.7K
Stockholders' Equity
APLT
APLT
IDAI
IDAI
Q4 25
$8.7M
Q3 25
$-561.0K
$6.1M
Q2 25
$17.4M
$2.4M
Q1 25
$36.7M
$4.1M
Q4 24
$57.0M
$3.0M
Q3 24
$5.4M
Q2 24
$72.4M
$750.4K
Q1 24
$67.3M
$1.4M
Total Assets
APLT
APLT
IDAI
IDAI
Q4 25
$11.2M
Q3 25
$34.4M
$11.2M
Q2 25
$37.3M
$5.7M
Q1 25
$56.9M
$6.6M
Q4 24
$86.7M
$8.6M
Q3 24
$10.6M
Q2 24
$127.8M
$5.2M
Q1 24
$151.2M
$5.6M

Cash Flow & Capital Efficiency

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

Metric
APLT
APLT
IDAI
IDAI
Operating Cash FlowLast quarter
$-18.4M
$2.0M
Free Cash FlowOCF − Capex
$2.0M
FCF MarginFCF / Revenue
215.4%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-5.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APLT
APLT
IDAI
IDAI
Q4 25
$2.0M
Q3 25
$-18.4M
$-4.0M
Q2 25
$-20.3M
$-2.1M
Q1 25
$-28.6M
$-1.5M
Q4 24
$-19.5M
$-2.7M
Q3 24
$-2.4M
Q2 24
$-22.6M
$-1.6M
Q1 24
$-18.9M
$-2.2M
Free Cash Flow
APLT
APLT
IDAI
IDAI
Q4 25
$2.0M
Q3 25
$-4.0M
Q2 25
$-2.1M
Q1 25
$-1.6M
Q4 24
$-2.7M
Q3 24
$-2.4M
Q2 24
$-1.6M
Q1 24
$-2.2M
FCF Margin
APLT
APLT
IDAI
IDAI
Q4 25
215.4%
Q3 25
-459.6%
Q2 25
-258.6%
Q1 25
-289.2%
Q4 24
-182.9%
Q3 24
-475.4%
Q2 24
-320.9%
Q1 24
-376.6%
Capex Intensity
APLT
APLT
IDAI
IDAI
Q4 25
0.8%
Q3 25
0.0%
Q2 25
0.2%
Q1 25
6.8%
Q4 24
0.1%
Q3 24
0.7%
Q2 24
1.3%
Q1 24
0.5%
Cash Conversion
APLT
APLT
IDAI
IDAI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-0.44×
Q3 24
Q2 24
-7.80×
Q1 24

Financial Flow Comparison

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

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