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Side-by-side financial comparison of Cue Biopharma, Inc. (CUE) and SANDRIDGE ENERGY INC (SD). Click either name above to swap in a different company.

SANDRIDGE ENERGY INC is the larger business by last-quarter revenue ($39.4M vs $21.9M, roughly 1.8× Cue Biopharma, Inc.). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs 7.2%, a 47.7% gap on every dollar of revenue. On growth, Cue Biopharma, Inc. posted the faster year-over-year revenue change (1292.3% vs 1.1%). Over the past eight quarters, Cue Biopharma, Inc.'s revenue compounded faster (257.5% CAGR vs 14.1%).

Cue Biopharma is a clinical-stage biotechnology company focused on developing novel targeted immunotherapies for cancer, autoimmune disorders, and inflammatory diseases. Its proprietary platform enables precise T-cell activity modulation, with core operations in North America and global pharma partnerships to advance lead product candidates through clinical trials.

SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.

CUE vs SD — Head-to-Head

Bigger by revenue
SD
SD
1.8× larger
SD
$39.4M
$21.9M
CUE
Growing faster (revenue YoY)
CUE
CUE
+1291.2% gap
CUE
1292.3%
1.1%
SD
Higher net margin
SD
SD
47.7% more per $
SD
54.9%
7.2%
CUE
Faster 2-yr revenue CAGR
CUE
CUE
Annualised
CUE
257.5%
14.1%
SD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CUE
CUE
SD
SD
Revenue
$21.9M
$39.4M
Net Profit
$1.6M
$21.6M
Gross Margin
Operating Margin
9.0%
38.5%
Net Margin
7.2%
54.9%
Revenue YoY
1292.3%
1.1%
Net Profit YoY
116.7%
23.1%
EPS (diluted)
$0.05
$0.59

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
CUE
CUE
SD
SD
Q4 25
$21.9M
$39.4M
Q3 25
$2.1M
$39.8M
Q2 25
$3.0M
$34.5M
Q1 25
$421.0K
$42.6M
Q4 24
$1.6M
$39.0M
Q3 24
$3.3M
$30.1M
Q2 24
$2.7M
$26.0M
Q1 24
$1.7M
$30.3M
Net Profit
CUE
CUE
SD
SD
Q4 25
$1.6M
$21.6M
Q3 25
$-7.4M
$16.0M
Q2 25
$-8.5M
$19.6M
Q1 25
$-12.3M
$13.0M
Q4 24
$17.6M
Q3 24
$-8.7M
$25.5M
Q2 24
$-10.2M
$8.8M
Q1 24
$-12.3M
$11.1M
Operating Margin
CUE
CUE
SD
SD
Q4 25
9.0%
38.5%
Q3 25
-353.4%
37.8%
Q2 25
-292.3%
53.7%
Q1 25
-2921.4%
28.6%
Q4 24
25.9%
Q3 24
-264.2%
28.3%
Q2 24
-390.6%
23.9%
Q1 24
-737.8%
27.8%
Net Margin
CUE
CUE
SD
SD
Q4 25
7.2%
54.9%
Q3 25
-346.6%
40.1%
Q2 25
-287.1%
56.6%
Q1 25
-2911.4%
30.6%
Q4 24
45.1%
Q3 24
-259.6%
84.8%
Q2 24
-382.7%
33.9%
Q1 24
-719.1%
36.7%
EPS (diluted)
CUE
CUE
SD
SD
Q4 25
$0.05
$0.59
Q3 25
$-0.07
$0.43
Q2 25
$-0.09
$0.53
Q1 25
$-0.17
$0.35
Q4 24
$0.46
Q3 24
$-0.17
$0.69
Q2 24
$-0.20
$0.24
Q1 24
$-0.25
$0.30

Balance Sheet & Financial Strength

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

Metric
CUE
CUE
SD
SD
Cash + ST InvestmentsLiquidity on hand
$27.1M
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$26.4M
$510.9M
Total Assets
$42.2M
$644.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CUE
CUE
SD
SD
Q4 25
$27.1M
$111.0M
Q3 25
$11.7M
$101.2M
Q2 25
$27.5M
$102.8M
Q1 25
$13.1M
$99.7M
Q4 24
$22.5M
$98.1M
Q3 24
$32.4M
$92.7M
Q2 24
$30.0M
$209.9M
Q1 24
$41.0M
$207.0M
Total Debt
CUE
CUE
SD
SD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$1.0M
Q2 24
$2.0M
Q1 24
$3.0M
Stockholders' Equity
CUE
CUE
SD
SD
Q4 25
$26.4M
$510.9M
Q3 25
$13.2M
$492.4M
Q2 25
$18.2M
$480.2M
Q1 25
$6.6M
$464.9M
Q4 24
$17.5M
$460.5M
Q3 24
$25.4M
$446.8M
Q2 24
$21.6M
$424.8M
Q1 24
$30.0M
$419.7M
Total Assets
CUE
CUE
SD
SD
Q4 25
$42.2M
$644.0M
Q3 25
$31.6M
$619.0M
Q2 25
$40.7M
$602.3M
Q1 25
$22.3M
$588.3M
Q4 24
$32.2M
$581.5M
Q3 24
$44.8M
$565.2M
Q2 24
$42.3M
$529.6M
Q1 24
$54.0M
$527.4M
Debt / Equity
CUE
CUE
SD
SD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.04×
Q2 24
0.09×
Q1 24
0.10×

Cash Flow & Capital Efficiency

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

Metric
CUE
CUE
SD
SD
Operating Cash FlowLast quarter
$-1.1M
$31.7M
Free Cash FlowOCF − Capex
$14.4M
FCF MarginFCF / Revenue
36.6%
Capex IntensityCapex / Revenue
0.0%
43.8%
Cash ConversionOCF / Net Profit
-0.68×
1.46×
TTM Free Cash FlowTrailing 4 quarters
$41.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CUE
CUE
SD
SD
Q4 25
$-1.1M
$31.7M
Q3 25
$-9.0M
$25.3M
Q2 25
$-3.4M
$22.9M
Q1 25
$-8.2M
$20.3M
Q4 24
$-36.3M
$26.0M
Q3 24
$-7.5M
$20.8M
Q2 24
$-10.0M
$11.4M
Q1 24
$-9.8M
$15.7M
Free Cash Flow
CUE
CUE
SD
SD
Q4 25
$14.4M
Q3 25
$5.9M
Q2 25
$-3.4M
$7.3M
Q1 25
$-8.3M
$13.9M
Q4 24
$-36.4M
$13.2M
Q3 24
$-7.5M
$10.8M
Q2 24
$-10.0M
$9.0M
Q1 24
$-9.8M
$14.6M
FCF Margin
CUE
CUE
SD
SD
Q4 25
36.6%
Q3 25
14.9%
Q2 25
-116.5%
21.0%
Q1 25
-1976.7%
32.7%
Q4 24
-2309.3%
33.8%
Q3 24
-225.7%
36.1%
Q2 24
-376.2%
34.5%
Q1 24
-573.0%
48.1%
Capex Intensity
CUE
CUE
SD
SD
Q4 25
0.0%
43.8%
Q3 25
0.0%
48.6%
Q2 25
0.9%
45.2%
Q1 25
35.6%
15.0%
Q4 24
4.2%
32.9%
Q3 24
0.0%
33.3%
Q2 24
0.4%
9.4%
Q1 24
3.2%
3.7%
Cash Conversion
CUE
CUE
SD
SD
Q4 25
-0.68×
1.46×
Q3 25
1.58×
Q2 25
1.17×
Q1 25
1.56×
Q4 24
1.48×
Q3 24
0.82×
Q2 24
1.30×
Q1 24
1.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CUE
CUE

Immuno Scape Collaboration And License Agreement$9.5M43%
BI Collaboration And License Agreement$8.1M37%
Other$4.3M20%

SD
SD

Oil Reserves$19.0M48%
Natural Gas Reserves$11.6M30%
Natural Gas Liquids Reserves$8.7M22%

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