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Side-by-side financial comparison of Castellum, Inc. (CTM) and Spero Therapeutics, Inc. (SPRO). Click either name above to swap in a different company.

Spero Therapeutics, Inc. is the larger business by last-quarter revenue ($12.6M vs $12.6M, roughly 1.0× Castellum, Inc.). Spero Therapeutics, Inc. runs the higher net margin — 250.7% vs -10.5%, a 261.2% gap on every dollar of revenue. On growth, Spero Therapeutics, Inc. posted the faster year-over-year revenue change (24080.8% vs 21.9%). Over the past eight quarters, Spero Therapeutics, Inc.'s revenue compounded faster (847.7% CAGR vs 5.3%).

Castellum, Inc. is a U.S.-based cybersecurity and information technology services provider. It caters to government defense agencies, public sector entities, and commercial enterprise clients, offering threat detection, data protection, cloud security, and managed IT solutions to help organizations mitigate cyber risks and safeguard critical digital infrastructure.

CTM vs SPRO — Head-to-Head

Bigger by revenue
SPRO
SPRO
1.0× larger
SPRO
$12.6M
$12.6M
CTM
Growing faster (revenue YoY)
SPRO
SPRO
+24058.8% gap
SPRO
24080.8%
21.9%
CTM
Higher net margin
SPRO
SPRO
261.2% more per $
SPRO
250.7%
-10.5%
CTM
Faster 2-yr revenue CAGR
SPRO
SPRO
Annualised
SPRO
847.7%
5.3%
CTM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CTM
CTM
SPRO
SPRO
Revenue
$12.6M
$12.6M
Net Profit
$-1.3M
$31.5M
Gross Margin
33.9%
Operating Margin
-11.1%
Net Margin
-10.5%
250.7%
Revenue YoY
21.9%
24080.8%
Net Profit YoY
51.8%
250.9%
EPS (diluted)
$-0.02
$0.56

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.

Revenue
CTM
CTM
SPRO
SPRO
Q4 25
$12.6M
$12.6M
Q3 25
$14.6M
$0
Q2 25
$14.0M
$0
Q1 25
$11.7M
$12.0K
Q4 24
$10.3M
$52.0K
Q3 24
$11.6M
$65.0K
Q2 24
$11.5M
$114.0K
Q1 24
$11.3M
$140.0K
Net Profit
CTM
CTM
SPRO
SPRO
Q4 25
$-1.3M
$31.5M
Q3 25
$415.4K
$-7.4M
Q2 25
$-322.1K
$-1.7M
Q1 25
$-1.2M
$-13.9M
Q4 24
$-2.7M
Q3 24
$-1.3M
$-17.1M
Q2 24
$-1.8M
$-17.9M
Q1 24
$-4.1M
$-12.7M
Gross Margin
CTM
CTM
SPRO
SPRO
Q4 25
33.9%
Q3 25
37.6%
Q2 25
36.1%
Q1 25
39.0%
Q4 24
40.0%
Q3 24
42.7%
Q2 24
40.6%
Q1 24
39.8%
Operating Margin
CTM
CTM
SPRO
SPRO
Q4 25
-11.1%
Q3 25
3.0%
Q2 25
-2.7%
Q1 25
-12.7%
-122758.3%
Q4 24
-15.7%
Q3 24
-11.9%
-28604.6%
Q2 24
-13.6%
-16720.2%
Q1 24
-23.6%
-9987.1%
Net Margin
CTM
CTM
SPRO
SPRO
Q4 25
-10.5%
250.7%
Q3 25
2.8%
Q2 25
-2.3%
Q1 25
-10.0%
-115550.0%
Q4 24
-26.6%
Q3 24
-11.0%
-26380.0%
Q2 24
-16.0%
-15668.4%
Q1 24
-36.3%
-9049.3%
EPS (diluted)
CTM
CTM
SPRO
SPRO
Q4 25
$-0.02
$0.56
Q3 25
$0.00
$-0.13
Q2 25
$0.00
$-0.03
Q1 25
$-0.01
$-0.25
Q4 24
$-0.05
Q3 24
$-0.02
$-0.32
Q2 24
$-0.03
$-0.33
Q1 24
$-0.08
$-0.24

Balance Sheet & Financial Strength

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

Metric
CTM
CTM
SPRO
SPRO
Cash + ST InvestmentsLiquidity on hand
$40.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$35.8M
$59.0M
Total Assets
$41.9M
$68.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTM
CTM
SPRO
SPRO
Q4 25
$40.3M
Q3 25
$48.6M
Q2 25
$31.2M
Q1 25
$48.9M
Q4 24
$52.9M
Q3 24
$76.3M
Q2 24
$63.5M
Q1 24
$82.3M
Total Debt
CTM
CTM
SPRO
SPRO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$8.0M
Q3 24
$8.3M
Q2 24
$8.7M
Q1 24
$9.0M
Stockholders' Equity
CTM
CTM
SPRO
SPRO
Q4 25
$35.8M
$59.0M
Q3 25
$36.7M
$26.5M
Q2 25
$31.8M
$32.8M
Q1 25
$26.1M
$33.8M
Q4 24
$20.2M
$46.1M
Q3 24
$12.0M
$65.5M
Q2 24
$12.1M
$80.5M
Q1 24
$12.8M
$96.2M
Total Assets
CTM
CTM
SPRO
SPRO
Q4 25
$41.9M
$68.9M
Q3 25
$46.3M
$54.2M
Q2 25
$43.4M
$62.1M
Q1 25
$41.1M
$77.7M
Q4 24
$37.8M
$110.5M
Q3 24
$28.8M
$135.2M
Q2 24
$29.5M
$149.9M
Q1 24
$30.5M
$167.7M
Debt / Equity
CTM
CTM
SPRO
SPRO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.40×
Q3 24
0.69×
Q2 24
0.72×
Q1 24
0.70×

Cash Flow & Capital Efficiency

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

Metric
CTM
CTM
SPRO
SPRO
Operating Cash FlowLast quarter
$-661.7K
$-8.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.26×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTM
CTM
SPRO
SPRO
Q4 25
$-661.7K
$-8.4M
Q3 25
$1.0M
$17.4M
Q2 25
$214.2K
$-17.7M
Q1 25
$-2.5M
$-4.0M
Q4 24
$-394.4K
$-23.4M
Q3 24
$742.2K
$12.8M
Q2 24
$748.6K
$-18.7M
Q1 24
$23.7K
$5.9M
Free Cash Flow
CTM
CTM
SPRO
SPRO
Q4 25
Q3 25
$957.0K
Q2 25
Q1 25
Q4 24
Q3 24
$738.9K
Q2 24
Q1 24
FCF Margin
CTM
CTM
SPRO
SPRO
Q4 25
Q3 25
6.5%
Q2 25
Q1 25
Q4 24
Q3 24
6.4%
Q2 24
Q1 24
Capex Intensity
CTM
CTM
SPRO
SPRO
Q4 25
Q3 25
0.3%
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
CTM
CTM
SPRO
SPRO
Q4 25
-0.26×
Q3 25
2.41×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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