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Side-by-side financial comparison of Bioventus Inc. (BVS) and SailPoint, Inc. (SAIL). Click either name above to swap in a different company.

SailPoint, Inc. is the larger business by last-quarter revenue ($281.9M vs $157.9M, roughly 1.8× Bioventus Inc.). Bioventus Inc. runs the higher net margin — 9.3% vs -12.8%, a 22.1% gap on every dollar of revenue. On growth, SailPoint, Inc. posted the faster year-over-year revenue change (6.7% vs 2.8%). SailPoint, Inc. produced more free cash flow last quarter ($52.5M vs $37.4M).

Bioventus Inc. is a global medical technology company specializing in orthobiologic solutions. It develops and commercializes products supporting bone and joint healing, musculoskeletal pain management, and regenerative care for patients. Its offerings serve orthopedic clinicians, physical therapists, and patients across North America, Europe, and Asia Pacific, with core segments covering surgical orthobiologics and non-surgical pain relief solutions.

Steel Authority of India Limited (SAIL) is an Indian public sector steel manufacturing corporation based in New Delhi designated as Maharatna CPSE. It is the largest government-owned steel producer, with an annual production of 18.29 million metric tons. Incorporated on 24 January 1973, SAIL has 51,351 employees and is under the administrative control of the Ministry of Steel.

BVS vs SAIL — Head-to-Head

Bigger by revenue
SAIL
SAIL
1.8× larger
SAIL
$281.9M
$157.9M
BVS
Growing faster (revenue YoY)
SAIL
SAIL
+3.9% gap
SAIL
6.7%
2.8%
BVS
Higher net margin
BVS
BVS
22.1% more per $
BVS
9.3%
-12.8%
SAIL
More free cash flow
SAIL
SAIL
$15.2M more FCF
SAIL
$52.5M
$37.4M
BVS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BVS
BVS
SAIL
SAIL
Revenue
$157.9M
$281.9M
Net Profit
$14.8M
$-36.0M
Gross Margin
68.9%
66.3%
Operating Margin
12.3%
-14.8%
Net Margin
9.3%
-12.8%
Revenue YoY
2.8%
6.7%
Net Profit YoY
3902.8%
-240.9%
EPS (diluted)
$0.21
$-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
BVS
BVS
SAIL
SAIL
Q4 25
$157.9M
$281.9M
Q3 25
$138.7M
$264.4M
Q2 25
$147.7M
$230.5M
Q1 25
$123.9M
$240.1M
Q4 24
$153.6M
Q3 24
$139.0M
$198.6M
Q2 24
$151.2M
$187.7M
Q1 24
$129.5M
Net Profit
BVS
BVS
SAIL
SAIL
Q4 25
$14.8M
$-36.0M
Q3 25
$3.2M
$-10.6M
Q2 25
$7.5M
$-187.3M
Q1 25
$-2.6M
$-80.1M
Q4 24
$-388.0K
Q3 24
$-5.2M
$-87.1M
Q2 24
$-25.7M
$-89.2M
Q1 24
$-4.9M
Gross Margin
BVS
BVS
SAIL
SAIL
Q4 25
68.9%
66.3%
Q3 25
68.0%
67.3%
Q2 25
69.1%
55.4%
Q1 25
67.0%
66.5%
Q4 24
66.8%
Q3 24
67.3%
62.1%
Q2 24
68.5%
61.5%
Q1 24
68.3%
Operating Margin
BVS
BVS
SAIL
SAIL
Q4 25
12.3%
-14.8%
Q3 25
8.1%
-15.4%
Q2 25
12.4%
-80.3%
Q1 25
3.9%
-12.6%
Q4 24
5.0%
Q3 24
2.6%
-33.2%
Q2 24
-20.8%
-36.3%
Q1 24
3.8%
Net Margin
BVS
BVS
SAIL
SAIL
Q4 25
9.3%
-12.8%
Q3 25
2.3%
-4.0%
Q2 25
5.1%
-81.3%
Q1 25
-2.1%
-33.4%
Q4 24
-0.3%
Q3 24
-3.7%
-43.9%
Q2 24
-17.0%
-47.5%
Q1 24
-3.8%
EPS (diluted)
BVS
BVS
SAIL
SAIL
Q4 25
$0.21
$-0.06
Q3 25
$0.05
$-0.02
Q2 25
$0.11
$-0.42
Q1 25
$-0.04
$-6.50
Q4 24
$0.00
Q3 24
$-0.08
$-2.97
Q2 24
$-0.40
$-0.77
Q1 24
$-0.08

Balance Sheet & Financial Strength

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

Metric
BVS
BVS
SAIL
SAIL
Cash + ST InvestmentsLiquidity on hand
$51.2M
$298.1M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$184.1M
$6.8B
Total Assets
$683.6M
$7.5B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BVS
BVS
SAIL
SAIL
Q4 25
$51.2M
$298.1M
Q3 25
$42.2M
$271.1M
Q2 25
$32.9M
$228.1M
Q1 25
$22.8M
$121.3M
Q4 24
$41.6M
Q3 24
$43.1M
$89.7M
Q2 24
$32.0M
$146.8M
Q1 24
$25.2M
Total Debt
BVS
BVS
SAIL
SAIL
Q4 25
$0
Q3 25
$0
Q2 25
$0
Q1 25
$1.0B
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BVS
BVS
SAIL
SAIL
Q4 25
$184.1M
$6.8B
Q3 25
$166.1M
$6.8B
Q2 25
$161.2M
$6.8B
Q1 25
$148.1M
$-5.6B
Q4 24
$147.9M
Q3 24
$148.7M
$-701.3M
Q2 24
$150.9M
$-622.5M
Q1 24
$171.3M
Total Assets
BVS
BVS
SAIL
SAIL
Q4 25
$683.6M
$7.5B
Q3 25
$701.6M
$7.4B
Q2 25
$706.8M
$7.4B
Q1 25
$691.4M
$7.4B
Q4 24
$728.0M
Q3 24
$769.5M
Q2 24
$792.2M
Q1 24
$794.2M
Debt / Equity
BVS
BVS
SAIL
SAIL
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
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
BVS
BVS
SAIL
SAIL
Operating Cash FlowLast quarter
$38.0M
$53.6M
Free Cash FlowOCF − Capex
$37.4M
$52.5M
FCF MarginFCF / Revenue
23.7%
18.6%
Capex IntensityCapex / Revenue
0.4%
0.4%
Cash ConversionOCF / Net Profit
2.57×
TTM Free Cash FlowTrailing 4 quarters
$72.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BVS
BVS
SAIL
SAIL
Q4 25
$38.0M
$53.6M
Q3 25
$30.1M
$49.9M
Q2 25
$25.9M
$-96.8M
Q1 25
$-19.3M
Q4 24
$19.3M
Q3 24
$10.3M
Q2 24
$15.2M
$-55.4M
Q1 24
$-6.0M
Free Cash Flow
BVS
BVS
SAIL
SAIL
Q4 25
$37.4M
$52.5M
Q3 25
$29.6M
$49.0M
Q2 25
$25.3M
$-99.0M
Q1 25
$-20.2M
Q4 24
$18.7M
Q3 24
$10.3M
Q2 24
$15.1M
$-56.0M
Q1 24
$-6.3M
FCF Margin
BVS
BVS
SAIL
SAIL
Q4 25
23.7%
18.6%
Q3 25
21.4%
18.5%
Q2 25
17.1%
-43.0%
Q1 25
-16.3%
Q4 24
12.2%
Q3 24
7.4%
Q2 24
10.0%
-29.8%
Q1 24
-4.9%
Capex Intensity
BVS
BVS
SAIL
SAIL
Q4 25
0.4%
0.4%
Q3 25
0.3%
0.4%
Q2 25
0.5%
1.0%
Q1 25
0.7%
Q4 24
0.4%
Q3 24
0.0%
Q2 24
0.1%
0.3%
Q1 24
0.2%
Cash Conversion
BVS
BVS
SAIL
SAIL
Q4 25
2.57×
Q3 25
9.54×
Q2 25
3.48×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BVS
BVS

Pain Treatments$71.1M45%
Surgical Solutions$48.9M31%
Restorative Therapies$19.5M12%
Other$18.4M12%

SAIL
SAIL

Software As A Service Saa S$156.0M55%
Term Subscriptions Services$65.1M23%
Maintenance$38.0M13%
Other$15.7M6%
Other Subscription Services$7.1M3%

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