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Side-by-side financial comparison of EMPIRE PETROLEUM CORP (EP) and Seer, Inc. (SEER). Click either name above to swap in a different company.

EMPIRE PETROLEUM CORP is the larger business by last-quarter revenue ($7.1M vs $4.2M, roughly 1.7× Seer, Inc.). Seer, Inc. runs the higher net margin — -380.7% vs -835.1%, a 454.4% gap on every dollar of revenue. On growth, Seer, Inc. posted the faster year-over-year revenue change (5.0% vs -30.0%). Over the past eight quarters, Seer, Inc.'s revenue compounded faster (17.1% CAGR vs -13.3%).

The Iraq Petroleum Company (IPC), formerly known as the Turkish Petroleum Company (TPC), is an oil company that had a virtual monopoly on all oil exploration and production in Iraq between 1925 and 1961. It was jointly owned by some of the world's largest oil companies and headquartered in London, England.

Seer, Inc. is an American biotechnology company headquartered in Redwood City, California. Established in 2017, the company develops technologies for proteomics research.

EP vs SEER — Head-to-Head

Bigger by revenue
EP
EP
1.7× larger
EP
$7.1M
$4.2M
SEER
Growing faster (revenue YoY)
SEER
SEER
+35.1% gap
SEER
5.0%
-30.0%
EP
Higher net margin
SEER
SEER
454.4% more per $
SEER
-380.7%
-835.1%
EP
Faster 2-yr revenue CAGR
SEER
SEER
Annualised
SEER
17.1%
-13.3%
EP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EP
EP
SEER
SEER
Revenue
$7.1M
$4.2M
Net Profit
$-59.0M
$-16.0M
Gross Margin
52.0%
Operating Margin
-834.5%
-413.8%
Net Margin
-835.1%
-380.7%
Revenue YoY
-30.0%
5.0%
Net Profit YoY
-1306.0%
26.4%
EPS (diluted)
$-1.74

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
EP
EP
SEER
SEER
Q4 25
$7.1M
$4.2M
Q3 25
$9.4M
$4.1M
Q2 25
$8.8M
$4.1M
Q1 25
$9.0M
$4.2M
Q4 24
$10.1M
$4.0M
Q3 24
$11.4M
$4.0M
Q2 24
$12.8M
$3.1M
Q1 24
$9.4M
$3.1M
Net Profit
EP
EP
SEER
SEER
Q4 25
$-59.0M
$-16.0M
Q3 25
$-3.8M
$-18.2M
Q2 25
$-5.1M
$-19.4M
Q1 25
$-4.2M
$-19.9M
Q4 24
$-4.2M
$-21.7M
Q3 24
$-3.6M
$-21.3M
Q2 24
$-4.4M
$-22.9M
Q1 24
$-4.0M
$-20.7M
Gross Margin
EP
EP
SEER
SEER
Q4 25
52.0%
Q3 25
51.2%
Q2 25
52.1%
Q1 25
49.0%
Q4 24
50.6%
Q3 24
48.1%
Q2 24
56.3%
Q1 24
44.4%
Operating Margin
EP
EP
SEER
SEER
Q4 25
-834.5%
-413.8%
Q3 25
-37.8%
-469.4%
Q2 25
-56.0%
-506.8%
Q1 25
-43.9%
-493.0%
Q4 24
-38.9%
-587.2%
Q3 24
-30.0%
-603.3%
Q2 24
-15.0%
-882.0%
Q1 24
-46.8%
-821.7%
Net Margin
EP
EP
SEER
SEER
Q4 25
-835.1%
-380.7%
Q3 25
-40.9%
-442.5%
Q2 25
-57.8%
-479.5%
Q1 25
-46.9%
-474.4%
Q4 24
-41.6%
-543.6%
Q3 24
-32.0%
-529.0%
Q2 24
-34.3%
-743.8%
Q1 24
-42.3%
-674.5%
EPS (diluted)
EP
EP
SEER
SEER
Q4 25
$-1.74
Q3 25
$-0.11
Q2 25
$-0.15
Q1 25
$-0.12
Q4 24
$-0.12
Q3 24
$-0.12
$-0.35
Q2 24
$-0.15
$-0.35
Q1 24
$-0.15
$-0.32

Balance Sheet & Financial Strength

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

Metric
EP
EP
SEER
SEER
Cash + ST InvestmentsLiquidity on hand
$1.2M
$47.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-4.6M
$259.3M
Total Assets
$65.9M
$296.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EP
EP
SEER
SEER
Q4 25
$1.2M
$47.3M
Q3 25
$4.6M
$45.0M
Q2 25
$2.3M
$37.9M
Q1 25
$1.1M
$52.4M
Q4 24
$2.3M
$40.8M
Q3 24
$3.1M
$37.6M
Q2 24
$9.3M
$31.9M
Q1 24
$3.5M
$54.4M
Total Debt
EP
EP
SEER
SEER
Q4 25
Q3 25
$15.2M
Q2 25
$14.6M
Q1 25
$11.6M
Q4 24
$11.3M
Q3 24
$8.5M
Q2 24
$8.5M
Q1 24
$8.5M
Stockholders' Equity
EP
EP
SEER
SEER
Q4 25
$-4.6M
$259.3M
Q3 25
$53.7M
$271.8M
Q2 25
$54.5M
$288.3M
Q1 25
$59.1M
$311.0M
Q4 24
$62.8M
$327.6M
Q3 24
$56.5M
$344.7M
Q2 24
$58.7M
$364.7M
Q1 24
$31.7M
$383.6M
Total Assets
EP
EP
SEER
SEER
Q4 25
$65.9M
$296.1M
Q3 25
$123.0M
$308.6M
Q2 25
$124.7M
$322.5M
Q1 25
$123.7M
$347.3M
Q4 24
$123.9M
$366.6M
Q3 24
$121.2M
$383.4M
Q2 24
$119.9M
$406.6M
Q1 24
$100.1M
$422.0M
Debt / Equity
EP
EP
SEER
SEER
Q4 25
Q3 25
0.28×
Q2 25
0.27×
Q1 25
0.20×
Q4 24
0.18×
Q3 24
0.15×
Q2 24
0.15×
Q1 24
0.27×

Cash Flow & Capital Efficiency

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

Metric
EP
EP
SEER
SEER
Operating Cash FlowLast quarter
$-2.8M
$-10.8M
Free Cash FlowOCF − Capex
$-11.1M
FCF MarginFCF / Revenue
-264.2%
Capex IntensityCapex / Revenue
7.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-46.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EP
EP
SEER
SEER
Q4 25
$-2.8M
$-10.8M
Q3 25
$330.0K
$-7.6M
Q2 25
$-3.1M
$-14.7M
Q1 25
$1.6M
$-11.4M
Q4 24
$-8.8M
$-11.5M
Q3 24
$12.8M
$-14.1M
Q2 24
$-1.8M
$-10.1M
Q1 24
$3.9M
$-10.5M
Free Cash Flow
EP
EP
SEER
SEER
Q4 25
$-11.1M
Q3 25
$-7.8M
Q2 25
$-15.2M
Q1 25
$-12.1M
Q4 24
$-12.0M
Q3 24
$-16.3M
Q2 24
$-11.2M
Q1 24
$-11.2M
FCF Margin
EP
EP
SEER
SEER
Q4 25
-264.2%
Q3 25
-190.5%
Q2 25
-375.9%
Q1 25
-287.1%
Q4 24
-299.8%
Q3 24
-404.7%
Q2 24
-366.0%
Q1 24
-365.6%
Capex Intensity
EP
EP
SEER
SEER
Q4 25
7.0%
Q3 25
6.9%
Q2 25
14.0%
Q1 25
15.6%
Q4 24
13.4%
Q3 24
54.4%
Q2 24
38.2%
Q1 24
24.6%

Financial Flow Comparison

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

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