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

EMPIRE PETROLEUM CORP is the larger business by last-quarter revenue ($7.1M vs $4.9M, roughly 1.4× Unusual Machines, Inc.). Unusual Machines, Inc. runs the higher net margin — -215.7% vs -835.1%, a 619.4% gap on every dollar of revenue. On growth, Unusual Machines, Inc. posted the faster year-over-year revenue change (144.4% vs -30.0%). Over the past eight quarters, Unusual Machines, Inc.'s revenue compounded faster (181.3% 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.

Thinking Machines Lab Inc. is an American artificial intelligence (AI) startup founded by Mira Murati, the former chief technology officer of OpenAI. The company was founded in February 2025, and by July had completed an early-stage funding round led by Andreessen Horowitz, raising $2 billion at a valuation of $12 billion overall from investors such as Nvidia, AMD, Cisco, and Jane Street. The company is based in San Francisco and structured as a public benefit corporation.

EP vs UMAC — Head-to-Head

Bigger by revenue
EP
EP
1.4× larger
EP
$7.1M
$4.9M
UMAC
Growing faster (revenue YoY)
UMAC
UMAC
+174.5% gap
UMAC
144.4%
-30.0%
EP
Higher net margin
UMAC
UMAC
619.4% more per $
UMAC
-215.7%
-835.1%
EP
Faster 2-yr revenue CAGR
UMAC
UMAC
Annualised
UMAC
181.3%
-13.3%
EP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EP
EP
UMAC
UMAC
Revenue
$7.1M
$4.9M
Net Profit
$-59.0M
$-10.6M
Gross Margin
36.2%
Operating Margin
-834.5%
-198.7%
Net Margin
-835.1%
-215.7%
Revenue YoY
-30.0%
144.4%
Net Profit YoY
-1306.0%
61.0%
EPS (diluted)
$-1.74
$-0.26

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
UMAC
UMAC
Q4 25
$7.1M
$4.9M
Q3 25
$9.4M
$2.1M
Q2 25
$8.8M
$2.1M
Q1 25
$9.0M
$2.0M
Q4 24
$10.1M
$2.0M
Q3 24
$11.4M
$1.5M
Q2 24
$12.8M
$1.4M
Q1 24
$9.4M
$618.9K
Net Profit
EP
EP
UMAC
UMAC
Q4 25
$-59.0M
$-10.6M
Q3 25
$-3.8M
$1.6M
Q2 25
$-5.1M
$-7.0M
Q1 25
$-4.2M
$-3.3M
Q4 24
$-4.2M
$-27.1M
Q3 24
$-3.6M
$-2.1M
Q2 24
$-4.4M
$-1.6M
Q1 24
$-4.0M
$-1.1M
Gross Margin
EP
EP
UMAC
UMAC
Q4 25
36.2%
Q3 25
39.4%
Q2 25
37.4%
Q1 25
24.3%
Q4 24
27.7%
Q3 24
26.1%
Q2 24
27.5%
Q1 24
33.0%
Operating Margin
EP
EP
UMAC
UMAC
Q4 25
-834.5%
-198.7%
Q3 25
-37.8%
-232.4%
Q2 25
-56.0%
-338.5%
Q1 25
-43.9%
-160.0%
Q4 24
-38.9%
-642.3%
Q3 24
-30.0%
-95.4%
Q2 24
-15.0%
-111.4%
Q1 24
-46.8%
-175.5%
Net Margin
EP
EP
UMAC
UMAC
Q4 25
-835.1%
-215.7%
Q3 25
-40.9%
75.1%
Q2 25
-57.8%
-327.9%
Q1 25
-46.9%
-159.9%
Q4 24
-41.6%
-1353.2%
Q3 24
-32.0%
-140.0%
Q2 24
-34.3%
-114.3%
Q1 24
-42.3%
-178.7%
EPS (diluted)
EP
EP
UMAC
UMAC
Q4 25
$-1.74
$-0.26
Q3 25
$-0.11
$0.05
Q2 25
$-0.15
$-0.32
Q1 25
$-0.12
$-0.21
Q4 24
$-0.12
$-3.20
Q3 24
$-0.12
$-0.30
Q2 24
$-0.15
$-0.16
Q1 24
$-0.15
$-0.18

Balance Sheet & Financial Strength

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

Metric
EP
EP
UMAC
UMAC
Cash + ST InvestmentsLiquidity on hand
$1.2M
$142.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-4.6M
$174.9M
Total Assets
$65.9M
$182.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EP
EP
UMAC
UMAC
Q4 25
$1.2M
$142.5M
Q3 25
$4.6M
$81.1M
Q2 25
$2.3M
$38.9M
Q1 25
$1.1M
$5.0M
Q4 24
$2.3M
$3.8M
Q3 24
$3.1M
$1.7M
Q2 24
$9.3M
$2.2M
Q1 24
$3.5M
$3.2M
Total Debt
EP
EP
UMAC
UMAC
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
UMAC
UMAC
Q4 25
$-4.6M
$174.9M
Q3 25
$53.7M
$106.0M
Q2 25
$54.5M
$51.3M
Q1 25
$59.1M
$15.9M
Q4 24
$62.8M
$14.8M
Q3 24
$56.5M
$19.2M
Q2 24
$58.7M
$20.0M
Q1 24
$31.7M
$21.2M
Total Assets
EP
EP
UMAC
UMAC
Q4 25
$65.9M
$182.7M
Q3 25
$123.0M
$113.1M
Q2 25
$124.7M
$52.4M
Q1 25
$123.7M
$17.3M
Q4 24
$123.9M
$16.1M
Q3 24
$121.2M
$24.5M
Q2 24
$119.9M
$25.2M
Q1 24
$100.1M
$24.2M
Debt / Equity
EP
EP
UMAC
UMAC
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
UMAC
UMAC
Operating Cash FlowLast quarter
$-2.8M
$-9.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EP
EP
UMAC
UMAC
Q4 25
$-2.8M
$-9.8M
Q3 25
$330.0K
$-7.5M
Q2 25
$-3.1M
$-2.7M
Q1 25
$1.6M
$-1.2M
Q4 24
$-8.8M
$-1.3M
Q3 24
$12.8M
$-536.7K
Q2 24
$-1.8M
$-986.2K
Q1 24
$3.9M
$-1.2M
Free Cash Flow
EP
EP
UMAC
UMAC
Q4 25
Q3 25
$-8.8M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
EP
EP
UMAC
UMAC
Q4 25
Q3 25
-413.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
EP
EP
UMAC
UMAC
Q4 25
Q3 25
60.3%
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Cash Conversion
EP
EP
UMAC
UMAC
Q4 25
Q3 25
-4.70×
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.

Revenue Breakdown by Segment

EP
EP

Segment breakdown not available.

UMAC
UMAC

Retail Revenue$4.5M92%
Other$412.7K8%

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