vs

Side-by-side financial comparison of CANTALOUPE, INC. (CTLP) and Reservoir Media, Inc. (RSVR). Click either name above to swap in a different company.

CANTALOUPE, INC. is the larger business by last-quarter revenue ($78.7M vs $45.6M, roughly 1.7× Reservoir Media, Inc.). Reservoir Media, Inc. runs the higher net margin — 4.8% vs -0.1%, a 4.9% gap on every dollar of revenue. On growth, Reservoir Media, Inc. posted the faster year-over-year revenue change (7.7% vs 6.8%). Reservoir Media, Inc. produced more free cash flow last quarter ($12.8M vs $-614.0K). Over the past eight quarters, Reservoir Media, Inc.'s revenue compounded faster (7.9% CAGR vs 7.7%).

Cantaloupe, Inc., previously known as USA Technologies Inc., is an American company known for its work with ePort cashless acceptance technology running on its patented ePort Connect service, a PCI compliant services. ePort Connect wirelessly facilitates electronic payment options to consumers with credit, debit, or NFC enabled electronic wallets like Apple Pay and Google Pay while providing operators with both telemetry and machine-to-machine (M2M) services. ePort technology is primarily fou...

Reservoir Media, Inc. is a leading global independent music rights management company. It owns and administers extensive catalogs of recorded music, music publishing copyrights, and neighboring rights, partnering with top songwriters, performing artists, and producers across genres including pop, hip-hop, rock, and film soundtracks. It licenses its content for use across streaming platforms, advertising, film and television productions, live events, and other commercial channels, with operations spanning North America, Europe, and Asia Pacific markets.

CTLP vs RSVR — Head-to-Head

Bigger by revenue
CTLP
CTLP
1.7× larger
CTLP
$78.7M
$45.6M
RSVR
Growing faster (revenue YoY)
RSVR
RSVR
+0.9% gap
RSVR
7.7%
6.8%
CTLP
Higher net margin
RSVR
RSVR
4.9% more per $
RSVR
4.8%
-0.1%
CTLP
More free cash flow
RSVR
RSVR
$13.4M more FCF
RSVR
$12.8M
$-614.0K
CTLP
Faster 2-yr revenue CAGR
RSVR
RSVR
Annualised
RSVR
7.9%
7.7%
CTLP

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
CTLP
CTLP
RSVR
RSVR
Revenue
$78.7M
$45.6M
Net Profit
$-70.0K
$2.2M
Gross Margin
64.5%
Operating Margin
2.0%
22.7%
Net Margin
-0.1%
4.8%
Revenue YoY
6.8%
7.7%
Net Profit YoY
-101.4%
-58.1%
EPS (diluted)
$0.00
$0.03

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
CTLP
CTLP
RSVR
RSVR
Q4 25
$78.7M
$45.6M
Q3 25
$80.9M
$45.4M
Q2 25
$82.6M
$37.2M
Q1 25
$75.4M
$41.4M
Q4 24
$73.7M
$42.3M
Q3 24
$70.8M
$40.7M
Q2 24
$72.7M
$34.3M
Q1 24
$67.9M
$39.1M
Net Profit
CTLP
CTLP
RSVR
RSVR
Q4 25
$-70.0K
$2.2M
Q3 25
$-919.0K
$2.3M
Q2 25
$6.8M
$-555.7K
Q1 25
$49.2M
$2.7M
Q4 24
$5.0M
$5.2M
Q3 24
$3.6M
$185.0K
Q2 24
$2.2M
$-346.7K
Q1 24
$4.7M
$2.8M
Gross Margin
CTLP
CTLP
RSVR
RSVR
Q4 25
64.5%
Q3 25
63.6%
Q2 25
64.5%
Q1 25
65.6%
Q4 24
64.4%
Q3 24
63.5%
Q2 24
61.3%
Q1 24
39.6%
63.4%
Operating Margin
CTLP
CTLP
RSVR
RSVR
Q4 25
2.0%
22.7%
Q3 25
2.0%
23.5%
Q2 25
6.3%
14.7%
Q1 25
9.1%
25.2%
Q4 24
8.4%
22.6%
Q3 24
5.8%
24.9%
Q2 24
4.9%
14.5%
Q1 24
6.3%
22.4%
Net Margin
CTLP
CTLP
RSVR
RSVR
Q4 25
-0.1%
4.8%
Q3 25
-1.1%
5.0%
Q2 25
8.3%
-1.5%
Q1 25
65.2%
6.4%
Q4 24
6.7%
12.4%
Q3 24
5.0%
0.5%
Q2 24
3.0%
-1.0%
Q1 24
6.9%
7.1%
EPS (diluted)
CTLP
CTLP
RSVR
RSVR
Q4 25
$0.00
$0.03
Q3 25
$-0.02
$0.03
Q2 25
$0.10
$-0.01
Q1 25
$0.65
Q4 24
$0.07
$0.08
Q3 24
$0.04
Q2 24
$0.03
$-0.01
Q1 24
$0.06

Balance Sheet & Financial Strength

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

Metric
CTLP
CTLP
RSVR
RSVR
Cash + ST InvestmentsLiquidity on hand
$53.0M
$20.6M
Total DebtLower is stronger
$37.7M
Stockholders' EquityBook value
$252.5M
$373.6M
Total Assets
$381.9M
$941.9M
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTLP
CTLP
RSVR
RSVR
Q4 25
$53.0M
$20.6M
Q3 25
$55.0M
$27.9M
Q2 25
$51.1M
$14.9M
Q1 25
$46.3M
$21.4M
Q4 24
$27.7M
$17.8M
Q3 24
$33.1M
$21.1M
Q2 24
$58.9M
$16.4M
Q1 24
$50.2M
$18.1M
Total Debt
CTLP
CTLP
RSVR
RSVR
Q4 25
$37.7M
Q3 25
$38.3M
Q2 25
$38.7M
Q1 25
$39.2M
Q4 24
$37.0M
Q3 24
$37.3M
Q2 24
$37.5M
Q1 24
$38.1M
Stockholders' Equity
CTLP
CTLP
RSVR
RSVR
Q4 25
$252.5M
$373.6M
Q3 25
$251.8M
$370.9M
Q2 25
$251.0M
$368.9M
Q1 25
$240.7M
$364.9M
Q4 24
$190.1M
$359.5M
Q3 24
$186.2M
$357.9M
Q2 24
$181.7M
$353.0M
Q1 24
$178.8M
$353.0M
Total Assets
CTLP
CTLP
RSVR
RSVR
Q4 25
$381.9M
$941.9M
Q3 25
$389.5M
$903.5M
Q2 25
$381.9M
$857.0M
Q1 25
$370.5M
$865.1M
Q4 24
$303.0M
$832.4M
Q3 24
$312.1M
$778.2M
Q2 24
$335.6M
$768.2M
Q1 24
$319.9M
$783.5M
Debt / Equity
CTLP
CTLP
RSVR
RSVR
Q4 25
0.15×
Q3 25
0.15×
Q2 25
0.15×
Q1 25
0.16×
Q4 24
0.19×
Q3 24
0.20×
Q2 24
0.21×
Q1 24
0.21×

Cash Flow & Capital Efficiency

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

Metric
CTLP
CTLP
RSVR
RSVR
Operating Cash FlowLast quarter
$3.1M
$12.9M
Free Cash FlowOCF − Capex
$-614.0K
$12.8M
FCF MarginFCF / Revenue
-0.8%
28.1%
Capex IntensityCapex / Revenue
4.8%
0.3%
Cash ConversionOCF / Net Profit
5.89×
TTM Free Cash FlowTrailing 4 quarters
$25.8M
$50.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTLP
CTLP
RSVR
RSVR
Q4 25
$3.1M
$12.9M
Q3 25
$7.0M
$19.3M
Q2 25
$9.4M
$6.0M
Q1 25
$22.4M
$12.2M
Q4 24
$522.0K
$11.2M
Q3 24
$-12.0M
$13.3M
Q2 24
$14.3M
$8.6M
Q1 24
$14.7M
$13.8M
Free Cash Flow
CTLP
CTLP
RSVR
RSVR
Q4 25
$-614.0K
$12.8M
Q3 25
$3.5M
$19.2M
Q2 25
$4.3M
$6.0M
Q1 25
$18.6M
$12.2M
Q4 24
$-3.8M
$11.2M
Q3 24
$-15.8M
$13.3M
Q2 24
$8.5M
$8.5M
Q1 24
$11.4M
$13.8M
FCF Margin
CTLP
CTLP
RSVR
RSVR
Q4 25
-0.8%
28.1%
Q3 25
4.4%
42.2%
Q2 25
5.3%
16.1%
Q1 25
24.6%
29.3%
Q4 24
-5.1%
26.5%
Q3 24
-22.3%
32.7%
Q2 24
11.7%
24.9%
Q1 24
16.9%
35.2%
Capex Intensity
CTLP
CTLP
RSVR
RSVR
Q4 25
4.8%
0.3%
Q3 25
4.2%
0.3%
Q2 25
6.2%
0.1%
Q1 25
5.1%
0.1%
Q4 24
5.8%
0.0%
Q3 24
5.4%
0.1%
Q2 24
7.9%
0.1%
Q1 24
4.8%
0.0%
Cash Conversion
CTLP
CTLP
RSVR
RSVR
Q4 25
5.89×
Q3 25
8.54×
Q2 25
1.38×
Q1 25
0.46×
4.56×
Q4 24
0.10×
2.14×
Q3 24
-3.36×
71.97×
Q2 24
6.47×
Q1 24
3.16×
4.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CTLP
CTLP

Transaction Processing$47.9M61%
Subscription Revenue$21.8M28%
Products$9.0M11%

RSVR
RSVR

Other$18.9M42%
Recorded Music Segment$12.9M28%
Performance$6.2M14%
Synchronization$4.6M10%
Physical$1.9M4%
Neighboring Rights$1.1M3%

Related Comparisons