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Side-by-side financial comparison of Bionano Genomics, Inc. (BNGO) and SOLAI Ltd (SLAI). Click either name above to swap in a different company.

SOLAI Ltd is the larger business by last-quarter revenue ($11.0M vs $8.0M, roughly 1.4× Bionano Genomics, Inc.). Bionano Genomics, Inc. runs the higher net margin — -99.8% vs -126.2%, a 26.4% gap on every dollar of revenue. On growth, Bionano Genomics, Inc. posted the faster year-over-year revenue change (-2.6% vs -43.1%).

Bionano Genomics develops and commercializes proprietary optical genome mapping technology and diagnostic solutions. Its products detect large structural genomic variants with high precision, serving global research institutions, biopharma firms, and clinical labs for oncology, rare disease, and reproductive health use cases.

BNGO vs SLAI — Head-to-Head

Bigger by revenue
SLAI
SLAI
1.4× larger
SLAI
$11.0M
$8.0M
BNGO
Growing faster (revenue YoY)
BNGO
BNGO
+40.5% gap
BNGO
-2.6%
-43.1%
SLAI
Higher net margin
BNGO
BNGO
26.4% more per $
BNGO
-99.8%
-126.2%
SLAI

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
BNGO
BNGO
SLAI
SLAI
Revenue
$8.0M
$11.0M
Net Profit
$-7.9M
$-13.9M
Gross Margin
42.8%
0.1%
Operating Margin
-107.4%
-126.2%
Net Margin
-99.8%
-126.2%
Revenue YoY
-2.6%
-43.1%
Net Profit YoY
60.6%
-173.4%
EPS (diluted)
$-0.12
$-0.01

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
BNGO
BNGO
SLAI
SLAI
Q4 25
$8.0M
Q3 25
$7.4M
Q2 25
$6.7M
$11.0M
Q1 25
$6.5M
Q4 24
$8.2M
Q3 24
$6.1M
Q2 24
$7.8M
$19.4M
Q1 24
$8.8M
Net Profit
BNGO
BNGO
SLAI
SLAI
Q4 25
$-7.9M
Q3 25
$-8.5M
Q2 25
$-6.9M
$-13.9M
Q1 25
$-3.1M
Q4 24
$-20.1M
Q3 24
$-44.2M
Q2 24
$-16.2M
$18.9M
Q1 24
$-31.4M
Gross Margin
BNGO
BNGO
SLAI
SLAI
Q4 25
42.8%
Q3 25
45.7%
Q2 25
51.6%
0.1%
Q1 25
45.5%
Q4 24
41.9%
Q3 24
-139.1%
Q2 24
33.3%
52.4%
Q1 24
32.2%
Operating Margin
BNGO
BNGO
SLAI
SLAI
Q4 25
-107.4%
Q3 25
-115.9%
Q2 25
-115.8%
-126.2%
Q1 25
-131.1%
Q4 24
-146.3%
Q3 24
-722.9%
Q2 24
-219.0%
-2.6%
Q1 24
-354.9%
Net Margin
BNGO
BNGO
SLAI
SLAI
Q4 25
-99.8%
Q3 25
-115.4%
Q2 25
-101.8%
-126.2%
Q1 25
-48.0%
Q4 24
-246.5%
Q3 24
-728.6%
Q2 24
-208.8%
97.9%
Q1 24
-358.3%
EPS (diluted)
BNGO
BNGO
SLAI
SLAI
Q4 25
$-0.12
Q3 25
$-1.59
Q2 25
$-1.99
$-0.01
Q1 25
$-1.15
Q4 24
$-7.05
Q3 24
$-30.92
Q2 24
$-14.41
$0.02
Q1 24
$-35.75

Balance Sheet & Financial Strength

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

Metric
BNGO
BNGO
SLAI
SLAI
Cash + ST InvestmentsLiquidity on hand
$3.0M
$1.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$44.4M
$43.8M
Total Assets
$73.6M
$69.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BNGO
BNGO
SLAI
SLAI
Q4 25
$3.0M
Q3 25
$3.1M
Q2 25
$3.6M
$1.2M
Q1 25
$3.6M
Q4 24
$9.2M
Q3 24
$8.8M
Q2 24
$10.4M
$2.3M
Q1 24
$15.8M
Stockholders' Equity
BNGO
BNGO
SLAI
SLAI
Q4 25
$44.4M
Q3 25
$49.8M
Q2 25
$45.4M
$43.8M
Q1 25
$48.2M
Q4 24
$35.4M
Q3 24
$48.9M
Q2 24
$80.3M
$45.9M
Q1 24
$82.8M
Total Assets
BNGO
BNGO
SLAI
SLAI
Q4 25
$73.6M
Q3 25
$79.1M
Q2 25
$76.0M
$69.1M
Q1 25
$78.4M
Q4 24
$76.7M
Q3 24
$87.4M
Q2 24
$129.4M
$63.3M
Q1 24
$158.0M

Cash Flow & Capital Efficiency

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

Metric
BNGO
BNGO
SLAI
SLAI
Operating Cash FlowLast quarter
$-4.2M
$-17.0M
Free Cash FlowOCF − Capex
$-17.0M
FCF MarginFCF / Revenue
-154.2%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BNGO
BNGO
SLAI
SLAI
Q4 25
$-4.2M
Q3 25
$-5.9M
Q2 25
$-3.5M
$-17.0M
Q1 25
$-2.8M
Q4 24
$-6.5M
Q3 24
$-13.3M
Q2 24
$-21.0M
$-12.1M
Q1 24
$-28.1M
Free Cash Flow
BNGO
BNGO
SLAI
SLAI
Q4 25
Q3 25
Q2 25
$-17.0M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
BNGO
BNGO
SLAI
SLAI
Q4 25
Q3 25
Q2 25
-154.2%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
BNGO
BNGO
SLAI
SLAI
Q4 25
Q3 25
Q2 25
0.0%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
BNGO
BNGO
SLAI
SLAI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-0.64×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BNGO
BNGO

Segment breakdown not available.

SLAI
SLAI

Data center$6.5M59%
Cryptocurrency mining$4.6M41%

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