vs

Side-by-side financial comparison of BTCS Inc. (BTCS) and INSPIRE VETERINARY PARTNERS, INC. (IVP). Click either name above to swap in a different company.

BTCS Inc. is the larger business by last-quarter revenue ($7.1M vs $4.3M, roughly 1.6× INSPIRE VETERINARY PARTNERS, INC.). On growth, BTCS Inc. posted the faster year-over-year revenue change (205.5% vs 6.6%). INSPIRE VETERINARY PARTNERS, INC. produced more free cash flow last quarter ($-1.3M vs $-9.8M). Over the past eight quarters, BTCS Inc.'s revenue compounded faster (296.4% CAGR vs 2.4%).

Inspire Veterinary Partners, Inc. is a U.S.-based operator of companion animal veterinary clinics. It delivers full-spectrum pet healthcare services including preventive care, diagnostic testing, surgery, dental care, and emergency treatment for dogs, cats and other small pets, serving communities across multiple U.S. states.

BTCS vs IVP — Head-to-Head

Bigger by revenue
BTCS
BTCS
1.6× larger
BTCS
$7.1M
$4.3M
IVP
Growing faster (revenue YoY)
BTCS
BTCS
+198.9% gap
BTCS
205.5%
6.6%
IVP
More free cash flow
IVP
IVP
$8.5M more FCF
IVP
$-1.3M
$-9.8M
BTCS
Faster 2-yr revenue CAGR
BTCS
BTCS
Annualised
BTCS
296.4%
2.4%
IVP

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BTCS
BTCS
IVP
IVP
Revenue
$7.1M
$4.3M
Net Profit
$-2.5M
Gross Margin
12.4%
Operating Margin
-45.6%
Net Margin
-58.5%
Revenue YoY
205.5%
6.6%
Net Profit YoY
27.6%
EPS (diluted)
$-1.58

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
BTCS
BTCS
IVP
IVP
Q4 25
$7.1M
Q3 25
$4.9M
$4.3M
Q2 25
$2.8M
$4.3M
Q1 25
$1.7M
$3.6M
Q4 24
$2.3M
$3.3M
Q3 24
$739.2K
$4.0M
Q2 24
$561.2K
$4.4M
Q1 24
$451.4K
$4.8M
Net Profit
BTCS
BTCS
IVP
IVP
Q4 25
Q3 25
$65.6M
$-2.5M
Q2 25
$3.9M
$-3.0M
Q1 25
$-17.3M
$-2.4M
Q4 24
$-4.0M
Q3 24
$-9.0M
$-3.5M
Q2 24
$-6.7M
$-3.4M
Q1 24
$12.3M
$-3.4M
Gross Margin
BTCS
BTCS
IVP
IVP
Q4 25
12.4%
Q3 25
22.0%
Q2 25
-2.9%
Q1 25
7.1%
Q4 24
2.9%
Q3 24
26.5%
Q2 24
69.9%
Q1 24
64.4%
Operating Margin
BTCS
BTCS
IVP
IVP
Q4 25
Q3 25
-45.6%
Q2 25
-61.1%
Q1 25
-55.2%
Q4 24
-46.2%
Q3 24
-55.2%
Q2 24
-54.5%
Q1 24
-59.2%
Net Margin
BTCS
BTCS
IVP
IVP
Q4 25
Q3 25
1328.1%
-58.5%
Q2 25
140.0%
-70.8%
Q1 25
-1022.5%
-66.4%
Q4 24
-119.4%
Q3 24
-1223.0%
-86.2%
Q2 24
-1198.9%
-77.1%
Q1 24
2715.3%
-70.8%
EPS (diluted)
BTCS
BTCS
IVP
IVP
Q4 25
$-1.58
Q3 25
$1.30
Q2 25
$0.14
Q1 25
$-0.86
Q4 24
$0.28
Q3 24
$-0.56
Q2 24
$-0.43
Q1 24
$0.63

Balance Sheet & Financial Strength

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

Metric
BTCS
BTCS
IVP
IVP
Cash + ST InvestmentsLiquidity on hand
$1.5M
Total DebtLower is stronger
$11.8M
Stockholders' EquityBook value
$139.4M
$4.2M
Total Assets
$214.6M
$24.0M
Debt / EquityLower = less leverage
2.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTCS
BTCS
IVP
IVP
Q4 25
$1.5M
Q3 25
$4.5M
Q2 25
$639.2K
Q1 25
$269.9K
Q4 24
$2.0M
$523.7K
Q3 24
$254.5K
$681.2K
Q2 24
$536.7K
$7.7K
Q1 24
$670.6K
$69.1K
Total Debt
BTCS
BTCS
IVP
IVP
Q4 25
Q3 25
$11.8M
Q2 25
$12.0M
Q1 25
$11.5M
Q4 24
$12.0M
Q3 24
$12.4M
Q2 24
$14.6M
Q1 24
Stockholders' Equity
BTCS
BTCS
IVP
IVP
Q4 25
$139.4M
Q3 25
$225.4M
$4.2M
Q2 25
$31.1M
$446.3K
Q1 25
$20.6M
$3.0M
Q4 24
$34.0M
$1.6M
Q3 24
$25.2M
$3.0M
Q2 24
$33.1M
$-3.1M
Q1 24
$39.3M
$269.9K
Total Assets
BTCS
BTCS
IVP
IVP
Q4 25
$214.6M
Q3 25
$298.9M
$24.0M
Q2 25
$40.8M
$20.8M
Q1 25
$21.0M
$20.7M
Q4 24
$38.2M
$20.2M
Q3 24
$26.5M
$22.4M
Q2 24
$33.8M
$21.9M
Q1 24
$39.5M
$23.4M
Debt / Equity
BTCS
BTCS
IVP
IVP
Q4 25
Q3 25
2.82×
Q2 25
26.96×
Q1 25
3.84×
Q4 24
7.67×
Q3 24
4.10×
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
BTCS
BTCS
IVP
IVP
Operating Cash FlowLast quarter
$-9.8M
$-1.3M
Free Cash FlowOCF − Capex
$-9.8M
$-1.3M
FCF MarginFCF / Revenue
-138.1%
-30.7%
Capex IntensityCapex / Revenue
0.2%
1.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-15.8M
$-4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTCS
BTCS
IVP
IVP
Q4 25
$-9.8M
Q3 25
$-2.8M
$-1.3M
Q2 25
$-1.3M
$-898.3K
Q1 25
$-1.9M
$-1.4M
Q4 24
$-3.5M
$-677.5K
Q3 24
$-695.2K
$-6.3M
Q2 24
$-924.1K
$149.7K
Q1 24
$-769.0K
$-3.2M
Free Cash Flow
BTCS
BTCS
IVP
IVP
Q4 25
$-9.8M
Q3 25
$-2.8M
$-1.3M
Q2 25
$-1.3M
$-910.9K
Q1 25
$-1.9M
$-1.4M
Q4 24
$-3.5M
$-709.4K
Q3 24
$-6.3M
Q2 24
$126.0K
Q1 24
$-3.3M
FCF Margin
BTCS
BTCS
IVP
IVP
Q4 25
-138.1%
Q3 25
-56.7%
-30.7%
Q2 25
-48.2%
-21.3%
Q1 25
-112.7%
-38.3%
Q4 24
-152.2%
-21.4%
Q3 24
-156.4%
Q2 24
2.9%
Q1 24
-68.8%
Capex Intensity
BTCS
BTCS
IVP
IVP
Q4 25
0.2%
Q3 25
0.1%
1.0%
Q2 25
0.1%
0.3%
Q1 25
0.1%
0.6%
Q4 24
0.1%
1.0%
Q3 24
0.6%
Q2 24
0.5%
Q1 24
3.2%
Cash Conversion
BTCS
BTCS
IVP
IVP
Q4 25
Q3 25
-0.04×
Q2 25
-0.34×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BTCS
BTCS

Builder Plus$5.9M83%
Other$1.2M17%

IVP
IVP

Services$3.1M73%
Products$1.2M27%

Related Comparisons