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Side-by-side financial comparison of Beeline Holdings, Inc. (BLNE) and Solid Power, Inc. (SLDP). Click either name above to swap in a different company.
Solid Power, Inc. is the larger business by last-quarter revenue ($3.6M vs $1.9M, roughly 1.9× Beeline Holdings, Inc.). Beeline Holdings, Inc. produced more free cash flow last quarter ($-21.5M vs $-23.0M). Over the past eight quarters, Solid Power, Inc.'s revenue compounded faster (-21.9% CAGR vs -33.0%).
Beeline or билайн is a mobile network operator brand operating in Russia under PJSC VimpelCom, and in Kazakhstan, Kyrgyzstan and Uzbekistan under VEON Ltd. Beeline is Russia's fourth-largest mobile network operator, and main competitors being MTS, MegaFon and T2.
Solid Energy was the largest coal mining company in New Zealand and is a state owned enterprise of the New Zealand Government.
BLNE vs SLDP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.9M | $3.6M |
| Net Profit | $-8.4M | — |
| Gross Margin | — | — |
| Operating Margin | -418.4% | -730.1% |
| Net Margin | -445.0% | — |
| Revenue YoY | — | -18.6% |
| Net Profit YoY | -16.1% | — |
| EPS (diluted) | — | $-0.15 |
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 | $1.9M | $3.6M | ||
| Q3 25 | $2.3M | $3.7M | ||
| Q2 25 | $1.7M | $6.5M | ||
| Q1 25 | $1.8M | $6.0M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | $783.0K | $4.7M | ||
| Q2 24 | $3.1M | $5.1M | ||
| Q1 24 | $2.5M | $6.0M |
| Q4 25 | $-8.4M | — | ||
| Q3 25 | $-3.9M | $-25.9M | ||
| Q2 25 | $-4.1M | $-25.3M | ||
| Q1 25 | $-6.8M | $-15.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-1.4M | $-22.4M | ||
| Q2 24 | $-1.5M | $-22.3M | ||
| Q1 24 | $-1.3M | $-21.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 25.5% | — | ||
| Q2 24 | 5.0% | — | ||
| Q1 24 | 7.5% | — |
| Q4 25 | -418.4% | -730.1% | ||
| Q3 25 | -120.9% | -654.4% | ||
| Q2 25 | -229.0% | -398.9% | ||
| Q1 25 | -268.7% | -399.4% | ||
| Q4 24 | — | -561.1% | ||
| Q3 24 | -55.6% | -593.2% | ||
| Q2 24 | -11.4% | -530.8% | ||
| Q1 24 | -18.5% | -433.1% |
| Q4 25 | -445.0% | — | ||
| Q3 25 | -167.2% | -693.1% | ||
| Q2 25 | -237.3% | -390.7% | ||
| Q1 25 | -372.4% | -251.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | -173.6% | -482.0% | ||
| Q2 24 | -48.6% | -438.9% | ||
| Q1 24 | -52.0% | -356.2% |
| Q4 25 | — | $-0.15 | ||
| Q3 25 | $-0.20 | $-0.14 | ||
| Q2 25 | $-0.64 | $-0.14 | ||
| Q1 25 | — | $-0.08 | ||
| Q4 24 | — | $-0.16 | ||
| Q3 24 | $-6.60 | $-0.13 | ||
| Q2 24 | $-8.74 | $-0.13 | ||
| Q1 24 | $-0.78 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.1M | $250.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $53.6M | $415.7M |
| Total Assets | $70.2M | $455.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.1M | $250.8M | ||
| Q3 25 | $1.3M | $251.2M | ||
| Q2 25 | $6.3M | $230.9M | ||
| Q1 25 | $1.5M | $240.9M | ||
| Q4 24 | — | $118.2M | ||
| Q3 24 | $310.0K | $132.0M | ||
| Q2 24 | $420.0K | $140.5M | ||
| Q1 24 | $147.0K | $146.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $8.2M | — | ||
| Q2 24 | $8.1M | — | ||
| Q1 24 | $8.1M | — |
| Q4 25 | $53.6M | $415.7M | ||
| Q3 25 | $51.7M | $381.2M | ||
| Q2 25 | $54.6M | $370.6M | ||
| Q1 25 | $47.1M | $397.1M | ||
| Q4 24 | — | $410.3M | ||
| Q3 24 | $-2.5M | $439.4M | ||
| Q2 24 | $-1.9M | $456.8M | ||
| Q1 24 | $-476.0K | $479.4M |
| Q4 25 | $70.2M | $455.1M | ||
| Q3 25 | $63.2M | $416.1M | ||
| Q2 25 | $68.6M | $398.0M | ||
| Q1 25 | $63.8M | $419.4M | ||
| Q4 24 | — | $448.3M | ||
| Q3 24 | $16.2M | $470.9M | ||
| Q2 24 | $16.6M | $492.6M | ||
| Q1 24 | $17.0M | $516.2M |
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 | $-21.4M | $-18.4M |
| Free Cash FlowOCF − Capex | $-21.5M | $-23.0M |
| FCF MarginFCF / Revenue | -1143.3% | -633.0% |
| Capex IntensityCapex / Revenue | 0.8% | 126.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-83.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-21.4M | $-18.4M | ||
| Q3 25 | $-5.8M | $-14.3M | ||
| Q2 25 | $-4.1M | $-14.4M | ||
| Q1 25 | $-1.5M | $-26.3M | ||
| Q4 24 | — | $-13.9M | ||
| Q3 24 | $-652.0K | $-9.9M | ||
| Q2 24 | $-872.0K | $-11.1M | ||
| Q1 24 | $-82.0K | $-29.1M |
| Q4 25 | $-21.5M | $-23.0M | ||
| Q3 25 | — | $-14.8M | ||
| Q2 25 | — | $-17.1M | ||
| Q1 25 | — | $-28.6M | ||
| Q4 24 | — | $-18.6M | ||
| Q3 24 | — | $-12.6M | ||
| Q2 24 | — | $-15.5M | ||
| Q1 24 | — | $-33.1M |
| Q4 25 | -1143.3% | -633.0% | ||
| Q3 25 | — | -397.6% | ||
| Q2 25 | — | -264.2% | ||
| Q1 25 | — | -476.1% | ||
| Q4 24 | — | -416.5% | ||
| Q3 24 | — | -271.5% | ||
| Q2 24 | — | -305.8% | ||
| Q1 24 | — | -556.3% |
| Q4 25 | 0.8% | 126.5% | ||
| Q3 25 | — | 15.3% | ||
| Q2 25 | — | 41.5% | ||
| Q1 25 | — | 39.1% | ||
| Q4 24 | — | 105.5% | ||
| Q3 24 | — | 59.7% | ||
| Q2 24 | — | 86.8% | ||
| Q1 24 | — | 68.1% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BLNE
| Beeline Title Holdings | $1.4M | 73% |
| Other | $498.0K | 27% |
SLDP
Segment breakdown not available.
