vs

Side-by-side financial comparison of GRI Bio, Inc. (GRI) and SERA PROGNOSTICS, INC. (SERA). Click either name above to swap in a different company.

SERA PROGNOSTICS, INC. is the larger business by last-quarter revenue ($16.0K vs $16.0K, roughly 1.0× GRI Bio, Inc.). GRI Bio, Inc. runs the higher net margin — -13437.5% vs -48837.5%, a 35400.0% gap on every dollar of revenue.

GRI Bio, Inc. is a clinical-stage biopharmaceutical firm developing innovative targeted therapies for autoimmune, inflammatory, and fibrotic diseases. Its product candidates address unmet medical needs, serving global healthcare markets to deliver improved outcomes for patients with underserved disease indications.

Sera Prognostics, Inc. is a women's health diagnostics company dedicated to developing and commercializing evidence-based clinical tests to improve pregnancy and neonatal health outcomes. Its core products include precision preterm birth risk assessment tests, serving healthcare providers, maternal health partners and patients mainly across the United States.

GRI vs SERA — Head-to-Head

Higher net margin
GRI
GRI
35400.0% more per $
GRI
-13437.5%
-48837.5%
SERA

Income Statement — Q1 FY2023 vs Q3 FY2025

Metric
GRI
GRI
SERA
SERA
Revenue
$16.0K
$16.0K
Net Profit
$-2.1M
$-7.8M
Gross Margin
-156.3%
Operating Margin
-6175.0%
-56125.0%
Net Margin
-13437.5%
-48837.5%
Revenue YoY
-44.8%
Net Profit YoY
-611.9%
1.3%
EPS (diluted)
$-15.04
$-0.16

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
GRI
GRI
SERA
SERA
Q3 25
$16.0K
Q2 25
$17.0K
Q1 25
$38.0K
Q4 24
$24.0K
Q3 24
$29.0K
Q2 24
$24.0K
Q1 24
$0
Q4 23
$41.0K
Net Profit
GRI
GRI
SERA
SERA
Q3 25
$-7.8M
Q2 25
$-8.0M
Q1 25
$-8.2M
Q4 24
$-8.6M
Q3 24
$-7.9M
Q2 24
$-8.3M
Q1 24
$-8.1M
Q4 23
$-7.9M
Gross Margin
GRI
GRI
SERA
SERA
Q3 25
-156.3%
Q2 25
-141.2%
Q1 25
-5.3%
Q4 24
-33.3%
Q3 24
55.2%
Q2 24
16.7%
Q1 24
Q4 23
Operating Margin
GRI
GRI
SERA
SERA
Q3 25
-56125.0%
Q2 25
-54823.5%
Q1 25
-24342.1%
Q4 24
-39262.5%
Q3 24
-30558.6%
Q2 24
-38554.2%
Q1 24
Q4 23
-21580.5%
Net Margin
GRI
GRI
SERA
SERA
Q3 25
-48837.5%
Q2 25
-47329.4%
Q1 25
-21544.7%
Q4 24
-35745.8%
Q3 24
-27306.9%
Q2 24
-34595.8%
Q1 24
Q4 23
-19329.3%
EPS (diluted)
GRI
GRI
SERA
SERA
Q3 25
$-0.16
Q2 25
$-0.16
Q1 25
$-0.20
Q4 24
$-0.25
Q3 24
$-0.24
Q2 24
$-0.25
Q1 24
$-0.25
Q4 23
$-0.25

Balance Sheet & Financial Strength

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

Metric
GRI
GRI
SERA
SERA
Cash + ST InvestmentsLiquidity on hand
$1.7M
$43.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-3.2M
$82.2M
Total Assets
$2.1M
$108.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRI
GRI
SERA
SERA
Q3 25
$43.3M
Q2 25
$40.2M
Q1 25
$46.2M
Q4 24
$46.2M
Q3 24
$49.8M
Q2 24
$50.9M
Q1 24
$53.0M
Q4 23
$49.1M
Stockholders' Equity
GRI
GRI
SERA
SERA
Q3 25
$82.2M
Q2 25
$88.2M
Q1 25
$94.8M
Q4 24
$47.8M
Q3 24
$54.7M
Q2 24
$59.8M
Q1 24
$64.8M
Q4 23
$70.2M
Total Assets
GRI
GRI
SERA
SERA
Q3 25
$108.1M
Q2 25
$111.8M
Q1 25
$118.2M
Q4 24
$72.6M
Q3 24
$79.0M
Q2 24
$84.9M
Q1 24
$89.9M
Q4 23
$95.4M

Cash Flow & Capital Efficiency

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

Metric
GRI
GRI
SERA
SERA
Operating Cash FlowLast quarter
$-579.0K
$-6.5M
Free Cash FlowOCF − Capex
$-6.6M
FCF MarginFCF / Revenue
-41181.3%
Capex IntensityCapex / Revenue
700.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-26.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRI
GRI
SERA
SERA
Q3 25
$-6.5M
Q2 25
$-5.5M
Q1 25
$-7.6M
Q4 24
$-6.3M
Q3 24
$-7.0M
Q2 24
$-5.9M
Q1 24
$5.0M
Q4 23
$-6.8M
Free Cash Flow
GRI
GRI
SERA
SERA
Q3 25
$-6.6M
Q2 25
$-5.8M
Q1 25
$-7.6M
Q4 24
$-6.3M
Q3 24
$-7.0M
Q2 24
$-5.9M
Q1 24
$5.0M
Q4 23
$-6.8M
FCF Margin
GRI
GRI
SERA
SERA
Q3 25
-41181.3%
Q2 25
-33847.1%
Q1 25
-19884.2%
Q4 24
-26116.7%
Q3 24
-24210.3%
Q2 24
-24729.2%
Q1 24
Q4 23
-16539.0%
Capex Intensity
GRI
GRI
SERA
SERA
Q3 25
700.0%
Q2 25
1652.9%
Q1 25
7.9%
Q4 24
33.3%
Q3 24
89.7%
Q2 24
29.2%
Q1 24
Q4 23
39.0%

Financial Flow Comparison

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

Related Comparisons