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Side-by-side financial comparison of Ceribell, Inc. (CBLL) and CITIZENS & NORTHERN CORP (CZNC). Click either name above to swap in a different company.

CITIZENS & NORTHERN CORP is the larger business by last-quarter revenue ($36.9M vs $24.8M, roughly 1.5× Ceribell, Inc.). CITIZENS & NORTHERN CORP runs the higher net margin — 12.1% vs -54.6%, a 66.7% gap on every dollar of revenue. CITIZENS & NORTHERN CORP produced more free cash flow last quarter ($30.1M 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.

Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois, that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the largest banking institutions in the United States and one of the oldest banks in continuous operation. As of December 31, 2025, it had $1.8 trillion in assets under management and $14.9 trillion in assets under custody. Northern Trust Corporation is incorporated in Delaw...

CBLL vs CZNC — Head-to-Head

Bigger by revenue
CZNC
CZNC
1.5× larger
CZNC
$36.9M
$24.8M
CBLL
Higher net margin
CZNC
CZNC
66.7% more per $
CZNC
12.1%
-54.6%
CBLL
More free cash flow
CZNC
CZNC
$41.1M more FCF
CZNC
$30.1M
$-11.0M
CBLL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CBLL
CBLL
CZNC
CZNC
Revenue
$24.8M
$36.9M
Net Profit
$-13.5M
$4.5M
Gross Margin
87.3%
Operating Margin
-58.9%
14.6%
Net Margin
-54.6%
12.1%
Revenue YoY
31.6%
Net Profit YoY
-45.4%
EPS (diluted)
$-0.35

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
CZNC
CZNC
Q4 25
$24.8M
$36.9M
Q3 25
$22.6M
$29.6M
Q2 25
$21.2M
$29.3M
Q1 25
$20.5M
$27.0M
Q4 24
$28.0M
Q3 24
$17.2M
$27.3M
Q2 24
$27.3M
Q1 24
$25.7M
Net Profit
CBLL
CBLL
CZNC
CZNC
Q4 25
$-13.5M
$4.5M
Q3 25
$-13.5M
$6.6M
Q2 25
$-13.6M
$6.1M
Q1 25
$-12.8M
$6.3M
Q4 24
$8.2M
Q3 24
$-10.4M
$6.4M
Q2 24
$6.1M
Q1 24
$5.3M
Gross Margin
CBLL
CBLL
CZNC
CZNC
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
CZNC
CZNC
Q4 25
-58.9%
14.6%
Q3 25
-64.8%
27.1%
Q2 25
-70.5%
25.7%
Q1 25
-69.3%
28.6%
Q4 24
36.1%
Q3 24
-57.8%
28.6%
Q2 24
27.4%
Q1 24
25.1%
Net Margin
CBLL
CBLL
CZNC
CZNC
Q4 25
-54.6%
12.1%
Q3 25
-59.6%
22.2%
Q2 25
-64.4%
20.9%
Q1 25
-62.4%
23.3%
Q4 24
29.2%
Q3 24
-60.6%
23.3%
Q2 24
22.4%
Q1 24
20.6%
EPS (diluted)
CBLL
CBLL
CZNC
CZNC
Q4 25
$-0.35
Q3 25
$-0.37
$0.42
Q2 25
$-0.38
$0.40
Q1 25
$-0.36
$0.41
Q4 24
$0.53
Q3 24
$-1.85
$0.41
Q2 24
$0.40
Q1 24
$0.35

Balance Sheet & Financial Strength

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

Metric
CBLL
CBLL
CZNC
CZNC
Cash + ST InvestmentsLiquidity on hand
$159.3M
$46.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$155.3M
$341.7M
Total Assets
$195.8M
$3.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBLL
CBLL
CZNC
CZNC
Q4 25
$159.3M
$46.1M
Q3 25
$168.5M
$123.1M
Q2 25
$177.4M
$99.6M
Q1 25
$182.7M
$114.7M
Q4 24
$126.2M
Q3 24
$14.1M
$184.2M
Q2 24
$100.4M
Q1 24
$46.4M
Stockholders' Equity
CBLL
CBLL
CZNC
CZNC
Q4 25
$155.3M
$341.7M
Q3 25
$164.1M
$294.0M
Q2 25
$172.2M
$286.4M
Q1 25
$180.9M
$281.8M
Q4 24
$275.3M
Q3 24
$-136.0M
$277.3M
Q2 24
$263.2M
Q1 24
$261.7M
Total Assets
CBLL
CBLL
CZNC
CZNC
Q4 25
$195.8M
$3.1B
Q3 25
$199.5M
$2.7B
Q2 25
$207.7M
$2.6B
Q1 25
$213.5M
$2.6B
Q4 24
$2.6B
Q3 24
$47.1M
$2.7B
Q2 24
$2.6B
Q1 24
$2.5B

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
CZNC
CZNC
Operating Cash FlowLast quarter
$-10.8M
$32.0M
Free Cash FlowOCF − Capex
$-11.0M
$30.1M
FCF MarginFCF / Revenue
-44.2%
81.6%
Capex IntensityCapex / Revenue
0.7%
5.2%
Cash ConversionOCF / Net Profit
7.17×
TTM Free Cash FlowTrailing 4 quarters
$-41.6M
$50.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBLL
CBLL
CZNC
CZNC
Q4 25
$-10.8M
$32.0M
Q3 25
$-11.1M
$11.3M
Q2 25
$-7.5M
$8.5M
Q1 25
$-11.4M
$1.6M
Q4 24
$33.0M
Q3 24
$6.6M
Q2 24
$8.6M
Q1 24
$5.7M
Free Cash Flow
CBLL
CBLL
CZNC
CZNC
Q4 25
$-11.0M
$30.1M
Q3 25
$-11.5M
$10.9M
Q2 25
$-7.6M
$8.0M
Q1 25
$-11.6M
$1.0M
Q4 24
$31.1M
Q3 24
$6.4M
Q2 24
$8.0M
Q1 24
$5.0M
FCF Margin
CBLL
CBLL
CZNC
CZNC
Q4 25
-44.2%
81.6%
Q3 25
-50.8%
36.9%
Q2 25
-35.9%
27.4%
Q1 25
-56.4%
3.9%
Q4 24
111.1%
Q3 24
23.6%
Q2 24
29.2%
Q1 24
19.4%
Capex Intensity
CBLL
CBLL
CZNC
CZNC
Q4 25
0.7%
5.2%
Q3 25
1.6%
1.4%
Q2 25
0.3%
1.7%
Q1 25
0.7%
2.0%
Q4 24
6.8%
Q3 24
0.5%
Q2 24
2.4%
Q1 24
2.9%
Cash Conversion
CBLL
CBLL
CZNC
CZNC
Q4 25
7.17×
Q3 25
1.73×
Q2 25
1.39×
Q1 25
0.25×
Q4 24
4.04×
Q3 24
1.04×
Q2 24
1.41×
Q1 24
1.08×

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%

CZNC
CZNC

Segment breakdown not available.

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