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Side-by-side financial comparison of Ceribell, Inc. (CBLL) and Canterbury Park Holding Corp (CPHC). Click either name above to swap in a different company.

Ceribell, Inc. is the larger business by last-quarter revenue ($24.8M vs $12.4M, roughly 2.0× Canterbury Park Holding Corp). Canterbury Park Holding Corp runs the higher net margin — -3.1% vs -54.6%, a 51.4% gap on every dollar of revenue. Canterbury Park Holding Corp produced more free cash flow last quarter ($-611.3K vs $-11.0M).

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.

Canterbury Park, is a horse racing track in Shakopee, Minnesota, United States. Canterbury Park Holding Corporation hosts parimutuel wagering on live thoroughbred and quarter horse racing at its facilities in Shakopee and parimutuel wagering on races held at out-of-state racetracks that are simulcast to the racetrack. In addition, the Canterbury Park Card Casino operates 24 hours a day, seven days a week, and is also regulated by the Minnesota Racing Commission. Casino games include blackjack...

CBLL vs CPHC — Head-to-Head

Bigger by revenue
CBLL
CBLL
2.0× larger
CBLL
$24.8M
$12.4M
CPHC
Higher net margin
CPHC
CPHC
51.4% more per $
CPHC
-3.1%
-54.6%
CBLL
More free cash flow
CPHC
CPHC
$10.3M more FCF
CPHC
$-611.3K
$-11.0M
CBLL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CBLL
CBLL
CPHC
CPHC
Revenue
$24.8M
$12.4M
Net Profit
$-13.5M
$-390.1K
Gross Margin
87.3%
Operating Margin
-58.9%
2.6%
Net Margin
-54.6%
-3.1%
Revenue YoY
3.9%
Net Profit YoY
68.7%
EPS (diluted)
$-0.35
$-0.08

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
CBLL
CBLL
CPHC
CPHC
Q4 25
$24.8M
$12.4M
Q3 25
$22.6M
$18.3M
Q2 25
$21.2M
$15.7M
Q1 25
$20.5M
$13.1M
Q4 24
$12.0M
Q3 24
$17.2M
$19.3M
Q2 24
$16.2M
Q1 24
$14.1M
Net Profit
CBLL
CBLL
CPHC
CPHC
Q4 25
$-13.5M
$-390.1K
Q3 25
$-13.5M
$487.3K
Q2 25
$-13.6M
$-327.4K
Q1 25
$-12.8M
$-299.2K
Q4 24
$-1.2M
Q3 24
$-10.4M
$2.0M
Q2 24
$338.3K
Q1 24
$998.2K
Gross Margin
CBLL
CBLL
CPHC
CPHC
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
Operating Margin
CBLL
CBLL
CPHC
CPHC
Q4 25
-58.9%
2.6%
Q3 25
-64.8%
5.7%
Q2 25
-70.5%
2.8%
Q1 25
-69.3%
4.9%
Q4 24
-0.8%
Q3 24
-57.8%
18.9%
Q2 24
6.9%
Q1 24
12.5%
Net Margin
CBLL
CBLL
CPHC
CPHC
Q4 25
-54.6%
-3.1%
Q3 25
-59.6%
2.7%
Q2 25
-64.4%
-2.1%
Q1 25
-62.4%
-2.3%
Q4 24
-10.4%
Q3 24
-60.6%
10.5%
Q2 24
2.1%
Q1 24
7.1%
EPS (diluted)
CBLL
CBLL
CPHC
CPHC
Q4 25
$-0.35
$-0.08
Q3 25
$-0.37
$0.10
Q2 25
$-0.38
$-0.06
Q1 25
$-0.36
$-0.06
Q4 24
$-0.25
Q3 24
$-1.85
$0.40
Q2 24
$0.07
Q1 24
$0.20

Balance Sheet & Financial Strength

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

Metric
CBLL
CBLL
CPHC
CPHC
Cash + ST InvestmentsLiquidity on hand
$159.3M
$17.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$155.3M
$83.9M
Total Assets
$195.8M
$112.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBLL
CBLL
CPHC
CPHC
Q4 25
$159.3M
$17.1M
Q3 25
$168.5M
$16.7M
Q2 25
$177.4M
$16.9M
Q1 25
$182.7M
$15.4M
Q4 24
$15.1M
Q3 24
$14.1M
$21.7M
Q2 24
$23.8M
Q1 24
$25.2M
Stockholders' Equity
CBLL
CBLL
CPHC
CPHC
Q4 25
$155.3M
$83.9M
Q3 25
$164.1M
$84.1M
Q2 25
$172.2M
$83.6M
Q1 25
$180.9M
$83.7M
Q4 24
$84.1M
Q3 24
$-136.0M
$85.2M
Q2 24
$83.2M
Q1 24
$82.7M
Total Assets
CBLL
CBLL
CPHC
CPHC
Q4 25
$195.8M
$112.6M
Q3 25
$199.5M
$114.4M
Q2 25
$207.7M
$114.9M
Q1 25
$213.5M
$112.4M
Q4 24
$109.9M
Q3 24
$47.1M
$114.2M
Q2 24
$111.4M
Q1 24
$105.6M

Cash Flow & Capital Efficiency

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

Metric
CBLL
CBLL
CPHC
CPHC
Operating Cash FlowLast quarter
$-10.8M
$-103.4K
Free Cash FlowOCF − Capex
$-11.0M
$-611.3K
FCF MarginFCF / Revenue
-44.2%
-4.9%
Capex IntensityCapex / Revenue
0.7%
4.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-41.6M
$4.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBLL
CBLL
CPHC
CPHC
Q4 25
$-10.8M
$-103.4K
Q3 25
$-11.1M
$1.2M
Q2 25
$-7.5M
$4.4M
Q1 25
$-11.4M
$3.4M
Q4 24
$-2.8M
Q3 24
$2.3M
Q2 24
$5.4M
Q1 24
$1.6M
Free Cash Flow
CBLL
CBLL
CPHC
CPHC
Q4 25
$-11.0M
$-611.3K
Q3 25
$-11.5M
$-395.3K
Q2 25
$-7.6M
$3.2M
Q1 25
$-11.6M
$2.5M
Q4 24
$-6.7M
Q3 24
$-25
Q2 24
$1.8M
Q1 24
$-601.0K
FCF Margin
CBLL
CBLL
CPHC
CPHC
Q4 25
-44.2%
-4.9%
Q3 25
-50.8%
-2.2%
Q2 25
-35.9%
20.5%
Q1 25
-56.4%
19.1%
Q4 24
-55.9%
Q3 24
-0.0%
Q2 24
11.1%
Q1 24
-4.3%
Capex Intensity
CBLL
CBLL
CPHC
CPHC
Q4 25
0.7%
4.1%
Q3 25
1.6%
9.0%
Q2 25
0.3%
7.5%
Q1 25
0.7%
6.5%
Q4 24
32.6%
Q3 24
11.8%
Q2 24
22.2%
Q1 24
15.7%
Cash Conversion
CBLL
CBLL
CPHC
CPHC
Q4 25
Q3 25
2.56×
Q2 25
Q1 25
Q4 24
Q3 24
1.12×
Q2 24
15.95×
Q1 24
1.62×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBLL
CBLL

Products$18.8M76%
Subscription$6.0M24%

CPHC
CPHC

Casino$9.5M76%
Other$1.9M15%
Food And Beverage$1.0M8%

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