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Side-by-side financial comparison of GENCOR INDUSTRIES INC (GENC) and SOLESENCE, INC. (SLSN). Click either name above to swap in a different company.

GENCOR INDUSTRIES INC is the larger business by last-quarter revenue ($23.6M vs $12.5M, roughly 1.9× SOLESENCE, INC.). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs 1.3%, a 13.3% gap on every dollar of revenue. On growth, SOLESENCE, INC. posted the faster year-over-year revenue change (-0.7% vs -25.0%). Over the past eight quarters, SOLESENCE, INC.'s revenue compounded faster (12.5% CAGR vs -23.9%).

Gencor Industries Inc is a leading manufacturer of heavy construction and infrastructure equipment, specializing in asphalt production plants, thermal combustion systems, and supporting road-building machinery. It primarily serves North American and global construction markets, supplying products to both public sector infrastructure projects and private commercial construction operators.

GENC vs SLSN — Head-to-Head

Bigger by revenue
GENC
GENC
1.9× larger
GENC
$23.6M
$12.5M
SLSN
Growing faster (revenue YoY)
SLSN
SLSN
+24.3% gap
SLSN
-0.7%
-25.0%
GENC
Higher net margin
GENC
GENC
13.3% more per $
GENC
14.6%
1.3%
SLSN
Faster 2-yr revenue CAGR
SLSN
SLSN
Annualised
SLSN
12.5%
-23.9%
GENC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GENC
GENC
SLSN
SLSN
Revenue
$23.6M
$12.5M
Net Profit
$3.4M
$163.0K
Gross Margin
28.7%
27.5%
Operating Margin
13.2%
1.5%
Net Margin
14.6%
1.3%
Revenue YoY
-25.0%
-0.7%
Net Profit YoY
-9.8%
129.2%
EPS (diluted)
$0.23
$0.00

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
GENC
GENC
SLSN
SLSN
Q4 25
$23.6M
$12.5M
Q3 25
$18.8M
$14.6M
Q2 25
$27.0M
$20.4M
Q1 25
$38.2M
$14.6M
Q4 24
$31.4M
$12.6M
Q3 24
$20.9M
$16.9M
Q2 24
$25.6M
$13.0M
Q1 24
$40.7M
$9.9M
Net Profit
GENC
GENC
SLSN
SLSN
Q4 25
$3.4M
$163.0K
Q3 25
$1.9M
$-1.1M
Q2 25
$3.8M
$2.7M
Q1 25
$6.1M
$80.0K
Q4 24
$3.8M
$-559.0K
Q3 24
$1.5M
$3.0M
Q2 24
$2.6M
$856.0K
Q1 24
$6.2M
$893.0K
Gross Margin
GENC
GENC
SLSN
SLSN
Q4 25
28.7%
27.5%
Q3 25
24.2%
23.1%
Q2 25
26.5%
28.9%
Q1 25
29.7%
23.1%
Q4 24
27.6%
22.0%
Q3 24
25.6%
36.2%
Q2 24
23.9%
28.7%
Q1 24
30.3%
36.3%
Operating Margin
GENC
GENC
SLSN
SLSN
Q4 25
13.2%
1.5%
Q3 25
-1.2%
-5.4%
Q2 25
11.6%
9.4%
Q1 25
17.0%
1.8%
Q4 24
14.7%
-1.8%
Q3 24
5.9%
19.0%
Q2 24
7.8%
8.0%
Q1 24
17.4%
11.3%
Net Margin
GENC
GENC
SLSN
SLSN
Q4 25
14.6%
1.3%
Q3 25
10.2%
-7.7%
Q2 25
14.2%
13.1%
Q1 25
16.0%
0.5%
Q4 24
12.1%
-4.4%
Q3 24
6.9%
18.1%
Q2 24
10.0%
6.6%
Q1 24
15.3%
9.0%
EPS (diluted)
GENC
GENC
SLSN
SLSN
Q4 25
$0.23
$0.00
Q3 25
$0.13
$-0.02
Q2 25
$0.26
$0.04
Q1 25
$0.42
$0.00
Q4 24
$0.26
$0.00
Q3 24
$0.10
$0.04
Q2 24
$0.17
$0.01
Q1 24
$0.42
$0.02

Balance Sheet & Financial Strength

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

Metric
GENC
GENC
SLSN
SLSN
Cash + ST InvestmentsLiquidity on hand
$147.7M
$1.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$215.2M
$17.6M
Total Assets
$228.9M
$50.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GENC
GENC
SLSN
SLSN
Q4 25
$147.7M
$1.3M
Q3 25
$136.3M
$429.0K
Q2 25
$136.0M
$4.1M
Q1 25
$143.7M
$1.8M
Q4 24
$130.1M
$1.4M
Q3 24
$115.4M
$2.9M
Q2 24
$116.6M
$2.4M
Q1 24
$117.1M
$2.0M
Total Debt
GENC
GENC
SLSN
SLSN
Q4 25
Q3 25
$0
Q2 25
Q1 25
Q4 24
Q3 24
$0
Q2 24
Q1 24
Stockholders' Equity
GENC
GENC
SLSN
SLSN
Q4 25
$215.2M
$17.6M
Q3 25
$211.8M
$17.2M
Q2 25
$209.9M
$18.2M
Q1 25
$206.1M
$15.2M
Q4 24
$200.0M
$14.9M
Q3 24
$196.1M
$15.2M
Q2 24
$194.7M
$11.9M
Q1 24
$192.1M
$5.0M
Total Assets
GENC
GENC
SLSN
SLSN
Q4 25
$228.9M
$50.1M
Q3 25
$222.6M
$54.0M
Q2 25
$220.2M
$60.0M
Q1 25
$223.9M
$57.0M
Q4 24
$218.2M
$50.0M
Q3 24
$208.1M
$48.0M
Q2 24
$201.8M
$40.8M
Q1 24
$206.0M
$38.5M
Debt / Equity
GENC
GENC
SLSN
SLSN
Q4 25
Q3 25
0.00×
Q2 25
Q1 25
Q4 24
Q3 24
0.00×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
GENC
GENC
SLSN
SLSN
Operating Cash FlowLast quarter
$11.1M
$1.8M
Free Cash FlowOCF − Capex
$10.1M
FCF MarginFCF / Revenue
43.0%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
3.23×
11.16×
TTM Free Cash FlowTrailing 4 quarters
$-3.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GENC
GENC
SLSN
SLSN
Q4 25
$11.1M
$1.8M
Q3 25
$-275.0K
$-2.5M
Q2 25
$-23.9M
$-654.0K
Q1 25
$12.4M
$-7.2M
Q4 24
$14.8M
$2.2M
Q3 24
$-3.2M
$4.2M
Q2 24
$-1.0M
$-565.0K
Q1 24
$11.7M
$-3.9M
Free Cash Flow
GENC
GENC
SLSN
SLSN
Q4 25
$10.1M
Q3 25
$-1.3M
Q2 25
$-24.4M
Q1 25
$12.3M
Q4 24
$14.5M
$-404.0K
Q3 24
$-3.3M
$2.8M
Q2 24
$-1.4M
$-1.0M
Q1 24
$11.7M
$-3.9M
FCF Margin
GENC
GENC
SLSN
SLSN
Q4 25
43.0%
Q3 25
-6.8%
Q2 25
-90.4%
Q1 25
32.2%
Q4 24
46.1%
-3.2%
Q3 24
-15.8%
16.6%
Q2 24
-5.6%
-8.0%
Q1 24
28.7%
-39.9%
Capex Intensity
GENC
GENC
SLSN
SLSN
Q4 25
4.1%
Q3 25
5.4%
Q2 25
1.8%
Q1 25
0.4%
Q4 24
1.0%
20.6%
Q3 24
0.4%
8.3%
Q2 24
1.5%
3.7%
Q1 24
0.0%
0.9%
Cash Conversion
GENC
GENC
SLSN
SLSN
Q4 25
3.23×
11.16×
Q3 25
-0.14×
Q2 25
-6.24×
-0.25×
Q1 25
2.04×
-90.26×
Q4 24
3.88×
Q3 24
-2.22×
1.38×
Q2 24
-0.41×
-0.66×
Q1 24
1.87×
-4.32×

Financial Flow Comparison

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

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