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Side-by-side financial comparison of BT Brands, Inc. (BTBD) and Solid Power, Inc. (SLDP). Click either name above to swap in a different company.

BT Brands, Inc. is the larger business by last-quarter revenue ($3.9M vs $3.6M, roughly 1.1× Solid Power, Inc.). On growth, BT Brands, Inc. posted the faster year-over-year revenue change (-11.4% vs -18.6%). BT Brands, Inc. produced more free cash flow last quarter ($261.8K vs $-23.0M). Over the past eight quarters, BT Brands, Inc.'s revenue compounded faster (-1.8% CAGR vs -21.9%).

BT Group plc is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services.

Solid Energy was the largest coal mining company in New Zealand and is a state owned enterprise of the New Zealand Government.

BTBD vs SLDP — Head-to-Head

Bigger by revenue
BTBD
BTBD
1.1× larger
BTBD
$3.9M
$3.6M
SLDP
Growing faster (revenue YoY)
BTBD
BTBD
+7.2% gap
BTBD
-11.4%
-18.6%
SLDP
More free cash flow
BTBD
BTBD
$23.2M more FCF
BTBD
$261.8K
$-23.0M
SLDP
Faster 2-yr revenue CAGR
BTBD
BTBD
Annualised
BTBD
-1.8%
-21.9%
SLDP

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BTBD
BTBD
SLDP
SLDP
Revenue
$3.9M
$3.6M
Net Profit
$915.0K
Gross Margin
Operating Margin
19.1%
-730.1%
Net Margin
23.7%
Revenue YoY
-11.4%
-18.6%
Net Profit YoY
516.9%
EPS (diluted)
$0.15
$-0.15

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
BTBD
BTBD
SLDP
SLDP
Q4 25
$3.6M
Q3 25
$3.9M
$3.7M
Q2 25
$3.8M
$6.5M
Q1 25
$3.2M
$6.0M
Q4 24
$4.5M
Q3 24
$4.3M
$4.7M
Q2 24
$4.1M
$5.1M
Q1 24
$3.2M
$6.0M
Net Profit
BTBD
BTBD
SLDP
SLDP
Q4 25
Q3 25
$915.0K
$-25.9M
Q2 25
$55.0K
$-25.3M
Q1 25
$-329.8K
$-15.2M
Q4 24
Q3 24
$-219.5K
$-22.4M
Q2 24
$-70.0K
$-22.3M
Q1 24
$-445.7K
$-21.2M
Operating Margin
BTBD
BTBD
SLDP
SLDP
Q4 25
-730.1%
Q3 25
19.1%
-654.4%
Q2 25
-2.0%
-398.9%
Q1 25
-9.0%
-399.4%
Q4 24
-561.1%
Q3 24
-1.7%
-593.2%
Q2 24
-4.6%
-530.8%
Q1 24
-19.8%
-433.1%
Net Margin
BTBD
BTBD
SLDP
SLDP
Q4 25
Q3 25
23.7%
-693.1%
Q2 25
1.5%
-390.7%
Q1 25
-10.2%
-251.8%
Q4 24
Q3 24
-5.0%
-482.0%
Q2 24
-1.7%
-438.9%
Q1 24
-14.0%
-356.2%
EPS (diluted)
BTBD
BTBD
SLDP
SLDP
Q4 25
$-0.15
Q3 25
$0.15
$-0.14
Q2 25
$-0.14
Q1 25
$-0.08
Q4 24
$-0.16
Q3 24
$-0.04
$-0.13
Q2 24
$-0.13
Q1 24
$-0.12

Balance Sheet & Financial Strength

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

Metric
BTBD
BTBD
SLDP
SLDP
Cash + ST InvestmentsLiquidity on hand
$3.5M
$250.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.7M
$415.7M
Total Assets
$11.9M
$455.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTBD
BTBD
SLDP
SLDP
Q4 25
$250.8M
Q3 25
$3.5M
$251.2M
Q2 25
$3.0M
$230.9M
Q1 25
$2.7M
$240.9M
Q4 24
$118.2M
Q3 24
$2.0M
$132.0M
Q2 24
$1.5M
$140.5M
Q1 24
$1.5M
$146.6M
Stockholders' Equity
BTBD
BTBD
SLDP
SLDP
Q4 25
$415.7M
Q3 25
$7.7M
$381.2M
Q2 25
$6.8M
$370.6M
Q1 25
$6.7M
$397.1M
Q4 24
$410.3M
Q3 24
$8.5M
$439.4M
Q2 24
$8.7M
$456.8M
Q1 24
$8.8M
$479.4M
Total Assets
BTBD
BTBD
SLDP
SLDP
Q4 25
$455.1M
Q3 25
$11.9M
$416.1M
Q2 25
$11.2M
$398.0M
Q1 25
$11.0M
$419.4M
Q4 24
$448.3M
Q3 24
$13.7M
$470.9M
Q2 24
$14.0M
$492.6M
Q1 24
$14.0M
$516.2M

Cash Flow & Capital Efficiency

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

Metric
BTBD
BTBD
SLDP
SLDP
Operating Cash FlowLast quarter
$325.2K
$-18.4M
Free Cash FlowOCF − Capex
$261.8K
$-23.0M
FCF MarginFCF / Revenue
6.8%
-633.0%
Capex IntensityCapex / Revenue
1.6%
126.5%
Cash ConversionOCF / Net Profit
0.36×
TTM Free Cash FlowTrailing 4 quarters
$-83.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTBD
BTBD
SLDP
SLDP
Q4 25
$-18.4M
Q3 25
$325.2K
$-14.3M
Q2 25
$384.4K
$-14.4M
Q1 25
$-306.7K
$-26.3M
Q4 24
$-13.9M
Q3 24
$129.3K
$-9.9M
Q2 24
$82.5K
$-11.1M
Q1 24
$-408.9K
$-29.1M
Free Cash Flow
BTBD
BTBD
SLDP
SLDP
Q4 25
$-23.0M
Q3 25
$261.8K
$-14.8M
Q2 25
$-17.1M
Q1 25
$-431.1K
$-28.6M
Q4 24
$-18.6M
Q3 24
$50.4K
$-12.6M
Q2 24
$53.7K
$-15.5M
Q1 24
$-521.3K
$-33.1M
FCF Margin
BTBD
BTBD
SLDP
SLDP
Q4 25
-633.0%
Q3 25
6.8%
-397.6%
Q2 25
-264.2%
Q1 25
-13.3%
-476.1%
Q4 24
-416.5%
Q3 24
1.2%
-271.5%
Q2 24
1.3%
-305.8%
Q1 24
-16.3%
-556.3%
Capex Intensity
BTBD
BTBD
SLDP
SLDP
Q4 25
126.5%
Q3 25
1.6%
15.3%
Q2 25
0.0%
41.5%
Q1 25
3.8%
39.1%
Q4 24
105.5%
Q3 24
1.8%
59.7%
Q2 24
0.7%
86.8%
Q1 24
3.5%
68.1%
Cash Conversion
BTBD
BTBD
SLDP
SLDP
Q4 25
Q3 25
0.36×
Q2 25
6.98×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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