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Side-by-side financial comparison of Bolt Biotherapeutics, Inc. (BOLT) and Cenntro Inc. (CENN). Click either name above to swap in a different company.

Cenntro Inc. is the larger business by last-quarter revenue ($5.0M vs $2.5M, roughly 2.0× Bolt Biotherapeutics, Inc.). Bolt Biotherapeutics, Inc. runs the higher net margin — -265.2% vs -1022.8%, a 757.6% gap on every dollar of revenue. Over the past eight quarters, Cenntro Inc.'s revenue compounded faster (-17.7% CAGR vs -31.2%).

Bolt Biotherapeutics, Inc. is a clinical-stage biotechnology company specializing in immune-stimulating antibody conjugate (ISAC) therapies for cancer treatment. Its core pipeline targets hard-to-treat solid tumors, serving global oncology markets and advancing novel immunotherapies that trigger targeted anti-tumor immune responses to improve patient outcomes.

Cenntro Inc. is a global electric vehicle technology manufacturer specializing in light and medium-duty commercial electric vehicles and associated smart mobility solutions. It serves logistics, urban delivery, public service, and corporate fleet markets across North America, Europe, and Asia, focusing on affordable, sustainable last-mile transport options.

BOLT vs CENN — Head-to-Head

Bigger by revenue
CENN
CENN
2.0× larger
CENN
$5.0M
$2.5M
BOLT
Higher net margin
BOLT
BOLT
757.6% more per $
BOLT
-265.2%
-1022.8%
CENN
Faster 2-yr revenue CAGR
CENN
CENN
Annualised
CENN
-17.7%
-31.2%
BOLT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BOLT
BOLT
CENN
CENN
Revenue
$2.5M
$5.0M
Net Profit
$-6.6M
$-50.7M
Gross Margin
-54.9%
Operating Margin
-283.4%
-229.9%
Net Margin
-265.2%
-1022.8%
Revenue YoY
972.9%
Net Profit YoY
58.4%
-189.4%
EPS (diluted)
$-9.38
$-86.61

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
BOLT
BOLT
CENN
CENN
Q4 25
$2.5M
$5.0M
Q3 25
$2.2M
$4.6M
Q2 25
$1.8M
$2.1M
Q1 25
$1.2M
$6.4M
Q4 24
$0
$-568.2K
Q3 24
$1.1M
$16.2M
Q2 24
$1.3M
$8.3M
Q1 24
$5.3M
$7.3M
Net Profit
BOLT
BOLT
CENN
CENN
Q4 25
$-6.6M
$-50.7M
Q3 25
$-7.1M
$-6.7M
Q2 25
$-8.6M
$-5.7M
Q1 25
$-11.0M
$-9.9M
Q4 24
$-15.9M
$-17.5M
Q3 24
$-15.2M
$-9.0M
Q2 24
$-21.2M
$-9.2M
Q1 24
$-10.8M
$-9.2M
Gross Margin
BOLT
BOLT
CENN
CENN
Q4 25
-54.9%
Q3 25
2.3%
Q2 25
15.0%
Q1 25
-0.3%
Q4 24
262.5%
Q3 24
38.8%
Q2 24
14.7%
Q1 24
21.6%
Operating Margin
BOLT
BOLT
CENN
CENN
Q4 25
-283.4%
-229.9%
Q3 25
-355.1%
-150.4%
Q2 25
-510.5%
-288.1%
Q1 25
-991.4%
-126.4%
Q4 24
1644.3%
Q3 24
-1441.1%
-40.4%
Q2 24
-1772.3%
-106.0%
Q1 24
-324.1%
-97.3%
Net Margin
BOLT
BOLT
CENN
CENN
Q4 25
-265.2%
-1022.8%
Q3 25
-329.4%
-146.7%
Q2 25
-474.6%
-263.8%
Q1 25
-903.4%
-154.4%
Q4 24
3084.9%
Q3 24
-1330.1%
-55.3%
Q2 24
-1662.4%
-110.4%
Q1 24
-205.0%
-125.5%
EPS (diluted)
BOLT
BOLT
CENN
CENN
Q4 25
$-9.38
$-86.61
Q3 25
$-3.72
$-0.14
Q2 25
$-4.46
$-0.19
Q1 25
$-0.29
$-0.27
Q4 24
$-13.73
$-86.39
Q3 24
$-7.93
$-0.29
Q2 24
$-11.12
$-0.30
Q1 24
$-0.28
$-0.30

Balance Sheet & Financial Strength

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

Metric
BOLT
BOLT
CENN
CENN
Cash + ST InvestmentsLiquidity on hand
$27.5M
$4.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$26.5M
$40.3M
Total Assets
$56.7M
$74.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOLT
BOLT
CENN
CENN
Q4 25
$27.5M
$4.5M
Q3 25
$31.9M
$4.4M
Q2 25
$34.8M
$6.0M
Q1 25
$38.8M
$8.5M
Q4 24
$47.3M
$12.6M
Q3 24
$53.8M
$22.4M
Q2 24
$73.7M
$20.2M
Q1 24
$91.3M
$24.3M
Stockholders' Equity
BOLT
BOLT
CENN
CENN
Q4 25
$26.5M
$40.3M
Q3 25
$32.1M
$76.0M
Q2 25
$38.8M
$79.6M
Q1 25
$46.8M
$73.3M
Q4 24
$57.2M
$77.8M
Q3 24
$72.0M
$96.7M
Q2 24
$85.9M
$103.8M
Q1 24
$104.2M
$112.5M
Total Assets
BOLT
BOLT
CENN
CENN
Q4 25
$56.7M
$74.4M
Q3 25
$65.1M
$112.7M
Q2 25
$75.5M
$124.4M
Q1 25
$85.9M
$129.3M
Q4 24
$99.6M
$132.6M
Q3 24
$109.3M
$159.8M
Q2 24
$124.2M
$167.8M
Q1 24
$142.9M
$173.0M

Cash Flow & Capital Efficiency

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

Metric
BOLT
BOLT
CENN
CENN
Operating Cash FlowLast quarter
$-7.2M
$-1.8M
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
BOLT
BOLT
CENN
CENN
Q4 25
$-7.2M
$-1.8M
Q3 25
$-9.7M
$-1.4M
Q2 25
$-9.6M
$-4.4M
Q1 25
$-13.4M
$-5.0M
Q4 24
$-14.4M
$-8.5M
Q3 24
$-14.0M
$-201.6K
Q2 24
$-16.1M
$-3.8M
Q1 24
$-16.8M
$-8.9M
Free Cash Flow
BOLT
BOLT
CENN
CENN
Q4 25
Q3 25
$-1.5M
Q2 25
$-4.5M
Q1 25
$-5.5M
Q4 24
$-8.6M
Q3 24
$-14.0M
$-258.9K
Q2 24
$-4.2M
Q1 24
$-9.2M
FCF Margin
BOLT
BOLT
CENN
CENN
Q4 25
Q3 25
-33.2%
Q2 25
-211.2%
Q1 25
-85.4%
Q4 24
1509.3%
Q3 24
-1227.6%
-1.6%
Q2 24
-50.3%
Q1 24
-125.7%
Capex Intensity
BOLT
BOLT
CENN
CENN
Q4 25
Q3 25
2.1%
Q2 25
5.6%
Q1 25
8.1%
Q4 24
-22.1%
Q3 24
3.6%
0.4%
Q2 24
0.0%
4.0%
Q1 24
0.0%
4.5%

Financial Flow Comparison

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

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