vs

Side-by-side financial comparison of California Resources Corp (CRC) and SOLENO THERAPEUTICS INC (SLNO). Click either name above to swap in a different company.

California Resources Corp is the larger business by last-quarter revenue ($119.0M vs $66.0M, roughly 1.8× SOLENO THERAPEUTICS INC). SOLENO THERAPEUTICS INC produced more free cash flow last quarter ($43.5M vs $-32.0M).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

SOLENO THERAPEUTICS INC is a clinical-stage biopharmaceutical company specializing in developing novel therapies for rare endocrine, metabolic, and neurodevelopmental disorders. Its lead product candidate targets Prader-Willi syndrome, a rare genetic condition, with key patient markets across North America and the European Union.

CRC vs SLNO — Head-to-Head

Bigger by revenue
CRC
CRC
1.8× larger
CRC
$119.0M
$66.0M
SLNO
More free cash flow
SLNO
SLNO
$75.5M more FCF
SLNO
$43.5M
$-32.0M
CRC

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
CRC
CRC
SLNO
SLNO
Revenue
$119.0M
$66.0M
Net Profit
$26.0M
Gross Margin
98.3%
Operating Margin
-597.5%
33.5%
Net Margin
39.4%
Revenue YoY
Net Profit YoY
134.0%
EPS (diluted)
$-8.02
$0.47

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
CRC
CRC
SLNO
SLNO
Q1 26
$119.0M
Q4 25
$679.0M
Q3 25
$715.0M
$66.0M
Q2 25
$702.0M
$32.7M
Q1 25
$814.0M
Q4 24
$826.0M
Q3 24
$870.0M
Q2 24
$412.0M
Net Profit
CRC
CRC
SLNO
SLNO
Q1 26
Q4 25
$12.0M
Q3 25
$64.0M
$26.0M
Q2 25
$172.0M
$-4.7M
Q1 25
$115.0M
Q4 24
$33.0M
Q3 24
$345.0M
Q2 24
$8.0M
Gross Margin
CRC
CRC
SLNO
SLNO
Q1 26
Q4 25
Q3 25
98.3%
Q2 25
97.9%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
CRC
CRC
SLNO
SLNO
Q1 26
-597.5%
Q4 25
6.9%
Q3 25
13.7%
33.5%
Q2 25
38.0%
-20.0%
Q1 25
22.9%
Q4 24
8.2%
Q3 24
59.5%
Q2 24
9.2%
Net Margin
CRC
CRC
SLNO
SLNO
Q1 26
Q4 25
1.8%
Q3 25
9.0%
39.4%
Q2 25
24.5%
-14.4%
Q1 25
14.1%
Q4 24
4.0%
Q3 24
39.7%
Q2 24
1.9%
EPS (diluted)
CRC
CRC
SLNO
SLNO
Q1 26
$-8.02
Q4 25
$0.21
Q3 25
$0.76
$0.47
Q2 25
$1.92
$-0.09
Q1 25
$1.26
Q4 24
$0.87
Q3 24
$3.78
Q2 24
$0.11

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
SLNO
SLNO
Cash + ST InvestmentsLiquidity on hand
$498.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$494.8M
Total Assets
$599.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
SLNO
SLNO
Q1 26
Q4 25
$132.0M
Q3 25
$196.0M
$498.9M
Q2 25
$72.0M
$286.8M
Q1 25
$214.0M
Q4 24
$372.0M
Q3 24
$241.0M
Q2 24
$1.0B
Total Debt
CRC
CRC
SLNO
SLNO
Q1 26
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CRC
CRC
SLNO
SLNO
Q1 26
$2.9B
Q4 25
$3.7B
Q3 25
$3.4B
$494.8M
Q2 25
$3.4B
$240.1M
Q1 25
$3.5B
Q4 24
$3.5B
Q3 24
$3.5B
Q2 24
$2.1B
Total Assets
CRC
CRC
SLNO
SLNO
Q1 26
Q4 25
$7.4B
Q3 25
$6.8B
$599.9M
Q2 25
$6.7B
$332.3M
Q1 25
$6.8B
Q4 24
$7.1B
Q3 24
$7.1B
Q2 24
$4.5B
Debt / Equity
CRC
CRC
SLNO
SLNO
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
CRC
CRC
SLNO
SLNO
Operating Cash FlowLast quarter
$99.0M
$43.5M
Free Cash FlowOCF − Capex
$-32.0M
$43.5M
FCF MarginFCF / Revenue
-26.9%
65.8%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.67×
TTM Free Cash FlowTrailing 4 quarters
$380.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
SLNO
SLNO
Q1 26
$99.0M
Q4 25
$235.0M
Q3 25
$279.0M
$43.5M
Q2 25
$165.0M
$-12.6M
Q1 25
$186.0M
Q4 24
$206.0M
Q3 24
$220.0M
Q2 24
$97.0M
Free Cash Flow
CRC
CRC
SLNO
SLNO
Q1 26
$-32.0M
Q4 25
$115.0M
Q3 25
$188.0M
$43.5M
Q2 25
$109.0M
$-12.6M
Q1 25
$131.0M
Q4 24
$118.0M
Q3 24
$141.0M
Q2 24
$63.0M
FCF Margin
CRC
CRC
SLNO
SLNO
Q1 26
-26.9%
Q4 25
16.9%
Q3 25
26.3%
65.8%
Q2 25
15.5%
-38.6%
Q1 25
16.1%
Q4 24
14.3%
Q3 24
16.2%
Q2 24
15.3%
Capex Intensity
CRC
CRC
SLNO
SLNO
Q1 26
Q4 25
17.7%
Q3 25
12.7%
0.0%
Q2 25
8.0%
0.0%
Q1 25
6.8%
Q4 24
10.7%
Q3 24
9.1%
Q2 24
8.3%
Cash Conversion
CRC
CRC
SLNO
SLNO
Q1 26
Q4 25
19.58×
Q3 25
4.36×
1.67×
Q2 25
0.96×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×

Financial Flow Comparison

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

Related Comparisons