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Side-by-side financial comparison of Ceribell, Inc. (CBLL) and Claros Mortgage Trust, Inc. (CMTG). Click either name above to swap in a different company.
Claros Mortgage Trust, Inc. is the larger business by last-quarter revenue ($46.7M vs $24.8M, roughly 1.9× Ceribell, Inc.). Ceribell, Inc. runs the higher net margin — -54.6% vs -468.9%, a 414.4% gap on every dollar of revenue.
Ceribell, Inc. develops and commercializes innovative portable neurodiagnostic medical devices, focused on rapid non-invasive electroencephalogram (EEG) solutions for seizure detection. Its core products serve hospital emergency departments, intensive care units, and long-term care facilities, with primary markets across North America and ongoing global expansion efforts.
Claros Mortgage Trust, Inc. is a U.S.-based real estate investment trust that invests in diversified mortgage-related assets, including residential and commercial mortgage loans and mortgage-backed securities. It pursues stable, risk-adjusted long-term returns for shareholders via rigorous asset evaluation and active portfolio management.
CBLL vs CMTG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $24.8M | $46.7M |
| Net Profit | $-13.5M | $-219.2M |
| Gross Margin | 87.3% | — |
| Operating Margin | -58.9% | — |
| Net Margin | -54.6% | -468.9% |
| Revenue YoY | — | -22.4% |
| Net Profit YoY | — | -117.7% |
| EPS (diluted) | $-0.35 | $-1.56 |
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 | $24.8M | $46.7M | ||
| Q3 25 | $22.6M | $46.1M | ||
| Q2 25 | $21.2M | $51.6M | ||
| Q1 25 | $20.5M | $43.4M | ||
| Q4 24 | — | $60.2M | ||
| Q3 24 | $17.2M | $64.9M | ||
| Q2 24 | — | $64.5M | ||
| Q1 24 | — | $58.8M |
| Q4 25 | $-13.5M | $-219.2M | ||
| Q3 25 | $-13.5M | $-9.5M | ||
| Q2 25 | $-13.6M | $-181.7M | ||
| Q1 25 | $-12.8M | $-78.6M | ||
| Q4 24 | — | $-100.7M | ||
| Q3 24 | $-10.4M | $-56.2M | ||
| Q2 24 | — | $-11.6M | ||
| Q1 24 | — | $-52.8M |
| Q4 25 | 87.3% | — | ||
| Q3 25 | 88.3% | — | ||
| Q2 25 | 88.1% | — | ||
| Q1 25 | 87.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 87.3% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -58.9% | — | ||
| Q3 25 | -64.8% | — | ||
| Q2 25 | -70.5% | — | ||
| Q1 25 | -69.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -57.8% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -54.6% | -468.9% | ||
| Q3 25 | -59.6% | -20.7% | ||
| Q2 25 | -64.4% | -351.9% | ||
| Q1 25 | -62.4% | -181.3% | ||
| Q4 24 | — | -167.2% | ||
| Q3 24 | -60.6% | -86.7% | ||
| Q2 24 | — | -17.9% | ||
| Q1 24 | — | -89.7% |
| Q4 25 | $-0.35 | $-1.56 | ||
| Q3 25 | $-0.37 | $-0.07 | ||
| Q2 25 | $-0.38 | $-1.30 | ||
| Q1 25 | $-0.36 | $-0.56 | ||
| Q4 24 | — | $-0.72 | ||
| Q3 24 | $-1.85 | $-0.40 | ||
| Q2 24 | — | $-0.09 | ||
| Q1 24 | — | $-0.39 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $159.3M | $173.2M |
| Total DebtLower is stronger | — | $3.2B |
| Stockholders' EquityBook value | $155.3M | $1.5B |
| Total Assets | $195.8M | $4.7B |
| Debt / EquityLower = less leverage | — | 2.06× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $159.3M | $173.2M | ||
| Q3 25 | $168.5M | $339.5M | ||
| Q2 25 | $177.4M | $209.2M | ||
| Q1 25 | $182.7M | $127.8M | ||
| Q4 24 | — | $99.1M | ||
| Q3 24 | $14.1M | $113.9M | ||
| Q2 24 | — | $148.2M | ||
| Q1 24 | — | $232.5M |
| Q4 25 | — | $3.2B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | — | $4.9B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $5.3B | ||
| Q1 24 | — | $5.5B |
| Q4 25 | $155.3M | $1.5B | ||
| Q3 25 | $164.1M | $1.7B | ||
| Q2 25 | $172.2M | $1.8B | ||
| Q1 25 | $180.9M | $1.9B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | $-136.0M | $2.1B | ||
| Q2 24 | — | $2.2B | ||
| Q1 24 | — | $2.2B |
| Q4 25 | $195.8M | $4.7B | ||
| Q3 25 | $199.5M | $5.4B | ||
| Q2 25 | $207.7M | $5.8B | ||
| Q1 25 | $213.5M | $6.7B | ||
| Q4 24 | — | $7.0B | ||
| Q3 24 | $47.1M | $7.3B | ||
| Q2 24 | — | $7.6B | ||
| Q1 24 | — | $7.8B |
| Q4 25 | — | 2.06× | ||
| Q3 25 | — | 2.09× | ||
| Q2 25 | — | 2.29× | ||
| Q1 25 | — | 2.42× | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | — | 2.44× | ||
| Q2 24 | — | 2.46× | ||
| Q1 24 | — | 2.47× |
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 | $-10.8M | $-30.5M |
| Free Cash FlowOCF − Capex | $-11.0M | — |
| FCF MarginFCF / Revenue | -44.2% | — |
| Capex IntensityCapex / Revenue | 0.7% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-41.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-10.8M | $-30.5M | ||
| Q3 25 | $-11.1M | $8.8M | ||
| Q2 25 | $-7.5M | $-5.8M | ||
| Q1 25 | $-11.4M | $-35.8M | ||
| Q4 24 | — | $84.5M | ||
| Q3 24 | — | $39.2M | ||
| Q2 24 | — | $5.5M | ||
| Q1 24 | — | $21.5M |
| Q4 25 | $-11.0M | — | ||
| Q3 25 | $-11.5M | — | ||
| Q2 25 | $-7.6M | — | ||
| Q1 25 | $-11.6M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -44.2% | — | ||
| Q3 25 | -50.8% | — | ||
| Q2 25 | -35.9% | — | ||
| Q1 25 | -56.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.7% | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.7% | — | ||
| 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
CBLL
| Products | $18.8M | 76% |
| Subscription | $6.0M | 24% |
CMTG
| Real Estate Owned Portfolio | $34.2M | 73% |
| Other | $11.1M | 24% |
| Mixed Use Property Fixed Rents | $1.4M | 3% |
