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Side-by-side financial comparison of Bolt Biotherapeutics, Inc. (BOLT) and RAVE RESTAURANT GROUP, INC. (RAVE). Click either name above to swap in a different company.
RAVE RESTAURANT GROUP, INC. is the larger business by last-quarter revenue ($3.0M vs $2.5M, roughly 1.2× Bolt Biotherapeutics, Inc.). RAVE RESTAURANT GROUP, INC. runs the higher net margin — 20.9% vs -265.2%, a 286.2% gap on every dollar of revenue. Over the past eight quarters, RAVE RESTAURANT GROUP, INC.'s revenue compounded faster (1.3% 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.
RAVE Restaurant Group, Inc. is a U.S.-headquartered restaurant franchising and operation enterprise, owning well-known casual dining brands including Pizza Inn and Pie Five Pizza. It offers pizza, pasta, salads and supporting menu items, primarily operates in the North American market with both company-owned and franchised outlets, targeting consumers looking for affordable, family-friendly casual meal options.
BOLT vs RAVE — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.5M | $3.0M |
| Net Profit | $-6.6M | $637.0K |
| Gross Margin | — | — |
| Operating Margin | -283.4% | 24.4% |
| Net Margin | -265.2% | 20.9% |
| Revenue YoY | — | 6.0% |
| Net Profit YoY | 58.4% | 4.9% |
| EPS (diluted) | $-9.38 | $0.04 |
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 | $2.5M | $3.0M | ||
| Q3 25 | $2.2M | $3.2M | ||
| Q2 25 | $1.8M | $3.2M | ||
| Q1 25 | $1.2M | $3.0M | ||
| Q4 24 | $0 | $2.9M | ||
| Q3 24 | $1.1M | $3.0M | ||
| Q2 24 | $1.3M | $3.4M | ||
| Q1 24 | $5.3M | $3.0M |
| Q4 25 | $-6.6M | $637.0K | ||
| Q3 25 | $-7.1M | $645.0K | ||
| Q2 25 | $-8.6M | $847.0K | ||
| Q1 25 | $-11.0M | $722.0K | ||
| Q4 24 | $-15.9M | $607.0K | ||
| Q3 24 | $-15.2M | $526.0K | ||
| Q2 24 | $-21.2M | $880.0K | ||
| Q1 24 | $-10.8M | $654.0K |
| Q4 25 | -283.4% | 24.4% | ||
| Q3 25 | -355.1% | 23.4% | ||
| Q2 25 | -510.5% | 38.8% | ||
| Q1 25 | -991.4% | 32.0% | ||
| Q4 24 | — | 23.1% | ||
| Q3 24 | -1441.1% | 20.0% | ||
| Q2 24 | -1772.3% | 35.2% | ||
| Q1 24 | -324.1% | 28.8% |
| Q4 25 | -265.2% | 20.9% | ||
| Q3 25 | -329.4% | 20.1% | ||
| Q2 25 | -474.6% | 26.9% | ||
| Q1 25 | -903.4% | 24.3% | ||
| Q4 24 | — | 21.2% | ||
| Q3 24 | -1330.1% | 17.2% | ||
| Q2 24 | -1662.4% | 26.2% | ||
| Q1 24 | -205.0% | 22.1% |
| Q4 25 | $-9.38 | $0.04 | ||
| Q3 25 | $-3.72 | $0.05 | ||
| Q2 25 | $-4.46 | $0.06 | ||
| Q1 25 | $-0.29 | $0.05 | ||
| Q4 24 | $-13.73 | $0.04 | ||
| Q3 24 | $-7.93 | $0.04 | ||
| Q2 24 | $-11.12 | $0.06 | ||
| Q1 24 | $-0.28 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $27.5M | $10.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $26.5M | $15.5M |
| Total Assets | $56.7M | $17.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.5M | $10.9M | ||
| Q3 25 | $31.9M | $10.6M | ||
| Q2 25 | $34.8M | $9.9M | ||
| Q1 25 | $38.8M | $8.7M | ||
| Q4 24 | $47.3M | $8.9M | ||
| Q3 24 | $53.8M | $8.4M | ||
| Q2 24 | $73.7M | $7.8M | ||
| Q1 24 | $91.3M | $6.3M |
| Q4 25 | $26.5M | $15.5M | ||
| Q3 25 | $32.1M | $14.8M | ||
| Q2 25 | $38.8M | $14.2M | ||
| Q1 25 | $46.8M | $13.3M | ||
| Q4 24 | $57.2M | $13.8M | ||
| Q3 24 | $72.0M | $13.3M | ||
| Q2 24 | $85.9M | $12.7M | ||
| Q1 24 | $104.2M | $11.8M |
| Q4 25 | $56.7M | $17.5M | ||
| Q3 25 | $65.1M | $17.0M | ||
| Q2 25 | $75.5M | $16.6M | ||
| Q1 25 | $85.9M | $15.7M | ||
| Q4 24 | $99.6M | $16.1M | ||
| Q3 24 | $109.3M | $16.3M | ||
| Q2 24 | $124.2M | $15.8M | ||
| Q1 24 | $142.9M | $15.0M |
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 | $-7.2M | $306.0K |
| Free Cash FlowOCF − Capex | — | $297.0K |
| FCF MarginFCF / Revenue | — | 9.8% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | 0.48× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-7.2M | $306.0K | ||
| Q3 25 | $-9.7M | $608.0K | ||
| Q2 25 | $-9.6M | $1.2M | ||
| Q1 25 | $-13.4M | $927.0K | ||
| Q4 24 | $-14.4M | $711.0K | ||
| Q3 24 | $-14.0M | $530.0K | ||
| Q2 24 | $-16.1M | $1.5M | ||
| Q1 24 | $-16.8M | $1.0M |
| Q4 25 | — | $297.0K | ||
| Q3 25 | — | $600.0K | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $667.0K | ||
| Q3 24 | $-14.0M | — | ||
| Q2 24 | — | $1.5M | ||
| Q1 24 | — | $996.0K |
| Q4 25 | — | 9.8% | ||
| Q3 25 | — | 18.7% | ||
| Q2 25 | — | 38.5% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 23.2% | ||
| Q3 24 | -1227.6% | — | ||
| Q2 24 | — | 44.9% | ||
| Q1 24 | — | 33.6% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | 3.6% | 0.0% | ||
| Q2 24 | 0.0% | 0.2% | ||
| Q1 24 | 0.0% | 1.0% |
| Q4 25 | — | 0.48× | ||
| Q3 25 | — | 0.94× | ||
| Q2 25 | — | 1.45× | ||
| Q1 25 | — | 1.28× | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 1.72× | ||
| Q1 24 | — | 1.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BOLT
Segment breakdown not available.
RAVE
| Pizza Inn Franchising | $2.8M | 92% |
| Other | $235.0K | 8% |
