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Side-by-side financial comparison of Beeline Holdings, Inc. (BLNE) and Instil Bio, Inc. (TIL). Click either name above to swap in a different company.

Instil Bio, Inc. is the larger business by last-quarter revenue ($2.2M vs $1.9M, roughly 1.2× Beeline Holdings, Inc.). Instil Bio, Inc. runs the higher net margin — -365.3% vs -445.0%, a 79.6% gap on every dollar of revenue.

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.

Instil Bio Inc. is a clinical-stage biotechnology company focused on developing innovative tumor-infiltrating lymphocyte (TIL) therapies for patients with difficult-to-treat advanced solid tumors. It operates in the immuno-oncology segment, serving patient populations that show limited response to existing standard cancer treatment options.

BLNE vs TIL — Head-to-Head

Bigger by revenue
TIL
TIL
1.2× larger
TIL
$2.2M
$1.9M
BLNE
Higher net margin
TIL
TIL
79.6% more per $
TIL
-365.3%
-445.0%
BLNE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BLNE
BLNE
TIL
TIL
Revenue
$1.9M
$2.2M
Net Profit
$-8.4M
$-8.2M
Gross Margin
Operating Margin
-418.4%
-426.3%
Net Margin
-445.0%
-365.3%
Revenue YoY
-19.2%
Net Profit YoY
-16.1%
31.1%
EPS (diluted)
$-1.13

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
BLNE
BLNE
TIL
TIL
Q4 25
$1.9M
$2.2M
Q3 25
$2.3M
$2.2M
Q2 25
$1.7M
$2.2M
Q1 25
$1.8M
$2.2M
Q4 24
$2.8M
Q3 24
$783.0K
$1.5M
Q2 24
$3.1M
$0
Q1 24
$2.5M
$0
Net Profit
BLNE
BLNE
TIL
TIL
Q4 25
$-8.4M
$-8.2M
Q3 25
$-3.9M
$-13.6M
Q2 25
$-4.1M
$-21.4M
Q1 25
$-6.8M
$-28.2M
Q4 24
$-11.9M
Q3 24
$-1.4M
$-23.0M
Q2 24
$-1.5M
$-14.9M
Q1 24
$-1.3M
$-24.3M
Gross Margin
BLNE
BLNE
TIL
TIL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
25.5%
Q2 24
5.0%
Q1 24
7.5%
Operating Margin
BLNE
BLNE
TIL
TIL
Q4 25
-418.4%
-426.3%
Q3 25
-120.9%
-670.0%
Q2 25
-229.0%
-1045.5%
Q1 25
-268.7%
-1363.2%
Q4 24
-426.1%
Q3 24
-55.6%
-1582.8%
Q2 24
-11.4%
Q1 24
-18.5%
Net Margin
BLNE
BLNE
TIL
TIL
Q4 25
-445.0%
-365.3%
Q3 25
-167.2%
-606.0%
Q2 25
-237.3%
-954.2%
Q1 25
-372.4%
-1257.8%
Q4 24
-428.8%
Q3 24
-173.6%
-1541.9%
Q2 24
-48.6%
Q1 24
-52.0%
EPS (diluted)
BLNE
BLNE
TIL
TIL
Q4 25
$-1.13
Q3 25
$-0.20
$-2.01
Q2 25
$-0.64
$-3.24
Q1 25
$-4.32
Q4 24
$-1.82
Q3 24
$-6.60
$-3.54
Q2 24
$-8.74
$-2.29
Q1 24
$-0.78
$-3.74

Balance Sheet & Financial Strength

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

Metric
BLNE
BLNE
TIL
TIL
Cash + ST InvestmentsLiquidity on hand
$3.1M
$6.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$53.6M
$113.9M
Total Assets
$70.2M
$203.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLNE
BLNE
TIL
TIL
Q4 25
$3.1M
$6.6M
Q3 25
$1.3M
$5.8M
Q2 25
$6.3M
$7.7M
Q1 25
$1.5M
$15.4M
Q4 24
$8.8M
Q3 24
$310.0K
$6.7M
Q2 24
$420.0K
$6.8M
Q1 24
$147.0K
$5.5M
Total Debt
BLNE
BLNE
TIL
TIL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$8.2M
Q2 24
$8.1M
Q1 24
$8.1M
Stockholders' Equity
BLNE
BLNE
TIL
TIL
Q4 25
$53.6M
$113.9M
Q3 25
$51.7M
$120.4M
Q2 25
$54.6M
$131.7M
Q1 25
$47.1M
$144.9M
Q4 24
$169.4M
Q3 24
$-2.5M
$176.3M
Q2 24
$-1.9M
$195.0M
Q1 24
$-476.0K
$205.8M
Total Assets
BLNE
BLNE
TIL
TIL
Q4 25
$70.2M
$203.5M
Q3 25
$63.2M
$211.8M
Q2 25
$68.6M
$231.0M
Q1 25
$63.8M
$237.4M
Q4 24
$263.6M
Q3 24
$16.2M
$272.6M
Q2 24
$16.6M
$294.3M
Q1 24
$17.0M
$306.3M

Cash Flow & Capital Efficiency

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

Metric
BLNE
BLNE
TIL
TIL
Operating Cash FlowLast quarter
$-21.4M
$-7.1M
Free Cash FlowOCF − Capex
$-21.5M
FCF MarginFCF / Revenue
-1143.3%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLNE
BLNE
TIL
TIL
Q4 25
$-21.4M
$-7.1M
Q3 25
$-5.8M
$-10.6M
Q2 25
$-4.1M
$-14.8M
Q1 25
$-1.5M
$-4.2M
Q4 24
$-10.6M
Q3 24
$-652.0K
$-20.1M
Q2 24
$-872.0K
$-10.6M
Q1 24
$-82.0K
$-14.4M
Free Cash Flow
BLNE
BLNE
TIL
TIL
Q4 25
$-21.5M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
BLNE
BLNE
TIL
TIL
Q4 25
-1143.3%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
BLNE
BLNE
TIL
TIL
Q4 25
0.8%
Q3 25
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
0.0%
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BLNE
BLNE

Beeline Title Holdings$1.4M73%
Other$498.0K27%

TIL
TIL

Segment breakdown not available.

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