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Side-by-side financial comparison of Black Stone Minerals, L.P. (BSM) and Omada Health, Inc. (OMDA). Click either name above to swap in a different company.

Black Stone Minerals, L.P. is the larger business by last-quarter revenue ($95.2M vs $68.0M, roughly 1.4× Omada Health, Inc.). Black Stone Minerals, L.P. runs the higher net margin — 75.9% vs -4.7%, a 80.6% gap on every dollar of revenue.

Black Stone Minerals, L.P., or Black Stone Minerals, is a Houston, Texas-based oil and natural gas corporation.

Omada Health, Inc. is a leading US-based digital chronic care management company. It offers evidence-based, personalized care programs for conditions including type 2 diabetes, hypertension, musculoskeletal disorders and mental health concerns, serving employers, health plans and health system clients across the United States, paired with professional coaching and digital tracking tools to support sustained member health improvements.

BSM vs OMDA — Head-to-Head

Bigger by revenue
BSM
BSM
1.4× larger
BSM
$95.2M
$68.0M
OMDA
Higher net margin
BSM
BSM
80.6% more per $
BSM
75.9%
-4.7%
OMDA

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BSM
BSM
OMDA
OMDA
Revenue
$95.2M
$68.0M
Net Profit
$72.2M
$-3.2M
Gross Margin
66.3%
Operating Margin
78.6%
-3.7%
Net Margin
75.9%
-4.7%
Revenue YoY
-8.7%
Net Profit YoY
55.8%
EPS (diluted)
$-0.06

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
BSM
BSM
OMDA
OMDA
Q4 25
$95.2M
Q3 25
$105.2M
$68.0M
Q2 25
$106.7M
$61.4M
Q1 25
$115.3M
Q4 24
$104.3M
Q3 24
$103.2M
Q2 24
$115.2M
Q1 24
$116.8M
Net Profit
BSM
BSM
OMDA
OMDA
Q4 25
$72.2M
Q3 25
$91.7M
$-3.2M
Q2 25
$120.0M
$-5.3M
Q1 25
$15.9M
Q4 24
$46.3M
Q3 24
$92.7M
Q2 24
$68.3M
Q1 24
$63.9M
Gross Margin
BSM
BSM
OMDA
OMDA
Q4 25
Q3 25
66.3%
Q2 25
65.7%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
BSM
BSM
OMDA
OMDA
Q4 25
78.6%
Q3 25
89.5%
-3.7%
Q2 25
-7.1%
Q1 25
14.9%
Q4 24
45.6%
Q3 24
90.2%
Q2 24
59.5%
Q1 24
54.8%
Net Margin
BSM
BSM
OMDA
OMDA
Q4 25
75.9%
Q3 25
87.2%
-4.7%
Q2 25
112.5%
-8.7%
Q1 25
13.8%
Q4 24
44.4%
Q3 24
89.9%
Q2 24
59.3%
Q1 24
54.7%
EPS (diluted)
BSM
BSM
OMDA
OMDA
Q4 25
Q3 25
$-0.06
Q2 25
$-0.24
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
BSM
BSM
OMDA
OMDA
Cash + ST InvestmentsLiquidity on hand
$1.5M
$198.6M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$217.3M
Total Assets
$1.3B
$287.5M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BSM
BSM
OMDA
OMDA
Q4 25
$1.5M
Q3 25
$2.9M
$198.6M
Q2 25
$2.5M
$223.1M
Q1 25
$2.4M
Q4 24
$2.5M
Q3 24
$21.0M
Q2 24
$26.7M
Q1 24
$40.5M
Total Debt
BSM
BSM
OMDA
OMDA
Q4 25
Q3 25
$0
Q2 25
$30.0M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BSM
BSM
OMDA
OMDA
Q4 25
Q3 25
$217.3M
Q2 25
$214.2M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Assets
BSM
BSM
OMDA
OMDA
Q4 25
$1.3B
Q3 25
$1.3B
$287.5M
Q2 25
$1.3B
$303.0M
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B
Debt / Equity
BSM
BSM
OMDA
OMDA
Q4 25
Q3 25
0.00×
Q2 25
0.14×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
BSM
BSM
OMDA
OMDA
Operating Cash FlowLast quarter
$65.1M
$10.1M
Free Cash FlowOCF − Capex
$9.6M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.90×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BSM
BSM
OMDA
OMDA
Q4 25
$65.1M
Q3 25
$99.8M
$10.1M
Q2 25
$80.5M
$-13.3M
Q1 25
$64.8M
Q4 24
$91.0M
Q3 24
$93.2M
Q2 24
$100.4M
Q1 24
$104.5M
Free Cash Flow
BSM
BSM
OMDA
OMDA
Q4 25
Q3 25
$9.6M
Q2 25
$-13.8M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
BSM
BSM
OMDA
OMDA
Q4 25
Q3 25
14.1%
Q2 25
-22.6%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
BSM
BSM
OMDA
OMDA
Q4 25
Q3 25
0.8%
Q2 25
1.0%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
BSM
BSM
OMDA
OMDA
Q4 25
0.90×
Q3 25
1.09×
Q2 25
0.67×
Q1 25
4.07×
Q4 24
1.96×
Q3 24
1.01×
Q2 24
1.47×
Q1 24
1.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BSM
BSM

Oil Reserves$46.4M49%
Natural Gas Reserves$44.1M46%
Real Estate$4.7M5%

OMDA
OMDA

Services$62.9M93%
Hardware$5.1M7%

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