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Side-by-side financial comparison of Black Stone Minerals, L.P. (BSM) and STRATASYS LTD. (SSYS). Click either name above to swap in a different company.
STRATASYS LTD. is the larger business by last-quarter revenue ($137.0M vs $95.2M, roughly 1.4× Black Stone Minerals, L.P.). Black Stone Minerals, L.P. runs the higher net margin — 75.9% vs -40.6%, a 116.5% gap on every dollar of revenue. On growth, STRATASYS LTD. posted the faster year-over-year revenue change (-2.2% vs -8.7%). Over the past eight quarters, STRATASYS LTD.'s revenue compounded faster (-7.4% CAGR vs -9.7%).
Black Stone Minerals, L.P., or Black Stone Minerals, is a Houston, Texas-based oil and natural gas corporation.
Stratasys, Ltd. is an American-Israeli manufacturer of 3D printers, software, and materials for polymer additive manufacturing as well as 3D-printed parts on-demand. The company is incorporated in Israel. Engineers use Stratasys systems to model complex geometries in a wide range of polymer materials, including: ABS, polyphenylsulfone (PPSF), polycarbonate (PC), polyetherimide and Nylon 12.
BSM vs SSYS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $95.2M | $137.0M |
| Net Profit | $72.2M | $-55.6M |
| Gross Margin | — | 41.0% |
| Operating Margin | 78.6% | -16.6% |
| Net Margin | 75.9% | -40.6% |
| Revenue YoY | -8.7% | -2.2% |
| Net Profit YoY | 55.8% | -109.0% |
| EPS (diluted) | — | — |
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 | $95.2M | — | ||
| Q3 25 | $105.2M | $137.0M | ||
| Q2 25 | $106.7M | $138.1M | ||
| Q1 25 | $115.3M | $136.0M | ||
| Q4 24 | $104.3M | — | ||
| Q3 24 | $103.2M | $140.0M | ||
| Q2 24 | $115.2M | $138.0M | ||
| Q1 24 | $116.8M | $144.1M |
| Q4 25 | $72.2M | — | ||
| Q3 25 | $91.7M | $-55.6M | ||
| Q2 25 | $120.0M | $-16.7M | ||
| Q1 25 | $15.9M | $-13.1M | ||
| Q4 24 | $46.3M | — | ||
| Q3 24 | $92.7M | $-26.6M | ||
| Q2 24 | $68.3M | $-25.7M | ||
| Q1 24 | $63.9M | $-26.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 41.0% | ||
| Q2 25 | — | 43.1% | ||
| Q1 25 | — | 44.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 44.8% | ||
| Q2 24 | — | 43.8% | ||
| Q1 24 | — | 44.4% |
| Q4 25 | 78.6% | — | ||
| Q3 25 | 89.5% | -16.6% | ||
| Q2 25 | — | -12.0% | ||
| Q1 25 | 14.9% | -9.1% | ||
| Q4 24 | 45.6% | — | ||
| Q3 24 | 90.2% | -18.2% | ||
| Q2 24 | 59.5% | -18.9% | ||
| Q1 24 | 54.8% | -17.0% |
| Q4 25 | 75.9% | — | ||
| Q3 25 | 87.2% | -40.6% | ||
| Q2 25 | 112.5% | -12.1% | ||
| Q1 25 | 13.8% | -9.6% | ||
| Q4 24 | 44.4% | — | ||
| Q3 24 | 89.9% | -19.0% | ||
| Q2 24 | 59.3% | -18.6% | ||
| Q1 24 | 54.7% | -18.0% |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5M | $71.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $852.5M |
| Total Assets | $1.3B | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5M | — | ||
| Q3 25 | $2.9M | $71.5M | ||
| Q2 25 | $2.5M | $71.1M | ||
| Q1 25 | $2.4M | $70.1M | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $21.0M | $64.0M | ||
| Q2 24 | $26.7M | $70.9M | ||
| Q1 24 | $40.5M | $91.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | $852.5M | ||
| Q2 25 | — | $902.4M | ||
| Q1 25 | — | $784.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $831.8M | ||
| Q2 24 | — | $850.5M | ||
| Q1 24 | — | $866.1M |
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | $1.1B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.2B | $1.1B | ||
| Q1 24 | $1.2B | $1.1B |
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 | $65.1M | $6.9M |
| Free Cash FlowOCF − Capex | — | $2.5M |
| FCF MarginFCF / Revenue | — | 1.8% |
| Capex IntensityCapex / Revenue | — | 3.2% |
| Cash ConversionOCF / Net Profit | 0.90× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-11.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $65.1M | — | ||
| Q3 25 | $99.8M | $6.9M | ||
| Q2 25 | $80.5M | $-1.1M | ||
| Q1 25 | $64.8M | $4.5M | ||
| Q4 24 | $91.0M | — | ||
| Q3 24 | $93.2M | $-4.5M | ||
| Q2 24 | $100.4M | $-2.4M | ||
| Q1 24 | $104.5M | $7.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | $2.5M | ||
| Q2 25 | — | $-8.4M | ||
| Q1 25 | — | $789.0K | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-6.3M | ||
| Q2 24 | — | $-4.9M | ||
| Q1 24 | — | $5.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | -6.1% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -4.5% | ||
| Q2 24 | — | -3.6% | ||
| Q1 24 | — | 3.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 5.3% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | — | 1.6% |
| 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
| Oil Reserves | $46.4M | 49% |
| Natural Gas Reserves | $44.1M | 46% |
| Real Estate | $4.7M | 5% |
SSYS
Segment breakdown not available.
