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Side-by-side financial comparison of i-80 Gold Corp. (IAUX) and Spero Therapeutics, Inc. (SPRO). Click either name above to swap in a different company.

i-80 Gold Corp. is the larger business by last-quarter revenue ($21.3M vs $12.6M, roughly 1.7× Spero Therapeutics, Inc.). Spero Therapeutics, Inc. runs the higher net margin — 250.7% vs -401.9%, a 652.6% gap on every dollar of revenue.

i-80 Gold Corp is a mineral exploration and development firm focused on gold and silver asset operations in Nevada, US. It advances high-potential mining projects, using responsible extraction practices to deliver precious metals to global industrial and investment markets.

IAUX vs SPRO — Head-to-Head

Bigger by revenue
IAUX
IAUX
1.7× larger
IAUX
$21.3M
$12.6M
SPRO
Higher net margin
SPRO
SPRO
652.6% more per $
SPRO
250.7%
-401.9%
IAUX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IAUX
IAUX
SPRO
SPRO
Revenue
$21.3M
$12.6M
Net Profit
$-85.6M
$31.5M
Gross Margin
22.0%
Operating Margin
-291.6%
Net Margin
-401.9%
250.7%
Revenue YoY
24080.8%
Net Profit YoY
250.9%
EPS (diluted)
$-0.10
$0.56

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
IAUX
IAUX
SPRO
SPRO
Q4 25
$21.3M
$12.6M
Q3 25
$32.0M
$0
Q2 25
$27.8M
$0
Q1 25
$14.0M
$12.0K
Q4 24
$52.0K
Q3 24
$11.5M
$65.0K
Q2 24
$7.2M
$114.0K
Q1 24
$140.0K
Net Profit
IAUX
IAUX
SPRO
SPRO
Q4 25
$-85.6M
$31.5M
Q3 25
$-41.9M
$-7.4M
Q2 25
$-30.2M
$-1.7M
Q1 25
$-41.2M
$-13.9M
Q4 24
Q3 24
$-43.1M
$-17.1M
Q2 24
$-41.0M
$-17.9M
Q1 24
$-12.7M
Gross Margin
IAUX
IAUX
SPRO
SPRO
Q4 25
22.0%
Q3 25
9.7%
Q2 25
2.9%
Q1 25
20.7%
Q4 24
Q3 24
-42.7%
Q2 24
-171.4%
Q1 24
Operating Margin
IAUX
IAUX
SPRO
SPRO
Q4 25
-291.6%
Q3 25
-86.7%
Q2 25
-67.4%
Q1 25
-112.3%
-122758.3%
Q4 24
Q3 24
-210.0%
-28604.6%
Q2 24
-435.2%
-16720.2%
Q1 24
-9987.1%
Net Margin
IAUX
IAUX
SPRO
SPRO
Q4 25
-401.9%
250.7%
Q3 25
-130.8%
Q2 25
-108.5%
Q1 25
-293.3%
-115550.0%
Q4 24
Q3 24
-374.5%
-26380.0%
Q2 24
-570.8%
-15668.4%
Q1 24
-9049.3%
EPS (diluted)
IAUX
IAUX
SPRO
SPRO
Q4 25
$-0.10
$0.56
Q3 25
$-0.05
$-0.13
Q2 25
$-0.05
$-0.03
Q1 25
$-0.10
$-0.25
Q4 24
Q3 24
$-0.11
$-0.32
Q2 24
$-0.11
$-0.33
Q1 24
$-0.24

Balance Sheet & Financial Strength

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

Metric
IAUX
IAUX
SPRO
SPRO
Cash + ST InvestmentsLiquidity on hand
$63.2M
$40.3M
Total DebtLower is stronger
$174.7M
Stockholders' EquityBook value
$346.8M
$59.0M
Total Assets
$703.4M
$68.9M
Debt / EquityLower = less leverage
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IAUX
IAUX
SPRO
SPRO
Q4 25
$63.2M
$40.3M
Q3 25
$102.9M
$48.6M
Q2 25
$133.7M
$31.2M
Q1 25
$13.5M
$48.9M
Q4 24
$52.9M
Q3 24
$21.8M
$76.3M
Q2 24
$47.8M
$63.5M
Q1 24
$82.3M
Total Debt
IAUX
IAUX
SPRO
SPRO
Q4 25
$174.7M
Q3 25
$175.9M
Q2 25
$175.8M
Q1 25
$197.5M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
IAUX
IAUX
SPRO
SPRO
Q4 25
$346.8M
$59.0M
Q3 25
$423.0M
$26.5M
Q2 25
$463.5M
$32.8M
Q1 25
$318.0M
$33.8M
Q4 24
$46.1M
Q3 24
$346.9M
$65.5M
Q2 24
$377.2M
$80.5M
Q1 24
$96.2M
Total Assets
IAUX
IAUX
SPRO
SPRO
Q4 25
$703.4M
$68.9M
Q3 25
$756.2M
$54.2M
Q2 25
$782.9M
$62.1M
Q1 25
$659.0M
$77.7M
Q4 24
$110.5M
Q3 24
$135.2M
Q2 24
$149.9M
Q1 24
$167.7M
Debt / Equity
IAUX
IAUX
SPRO
SPRO
Q4 25
0.50×
Q3 25
0.42×
Q2 25
0.38×
Q1 25
0.62×
Q4 24
Q3 24
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
IAUX
IAUX
SPRO
SPRO
Operating Cash FlowLast quarter
$-34.3M
$-8.4M
Free Cash FlowOCF − Capex
$-39.2M
FCF MarginFCF / Revenue
-184.3%
Capex IntensityCapex / Revenue
23.1%
Cash ConversionOCF / Net Profit
-0.26×
TTM Free Cash FlowTrailing 4 quarters
$-93.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IAUX
IAUX
SPRO
SPRO
Q4 25
$-34.3M
$-8.4M
Q3 25
$-15.2M
$17.4M
Q2 25
$-11.3M
$-17.7M
Q1 25
$-22.7M
$-4.0M
Q4 24
$-23.4M
Q3 24
$-23.5M
$12.8M
Q2 24
$-24.6M
$-18.7M
Q1 24
$5.9M
Free Cash Flow
IAUX
IAUX
SPRO
SPRO
Q4 25
$-39.2M
Q3 25
$-18.5M
Q2 25
$-12.4M
Q1 25
$-23.1M
Q4 24
Q3 24
$-23.8M
Q2 24
$-25.1M
Q1 24
FCF Margin
IAUX
IAUX
SPRO
SPRO
Q4 25
-184.3%
Q3 25
-57.8%
Q2 25
-44.7%
Q1 25
-164.1%
Q4 24
Q3 24
-206.7%
Q2 24
-349.1%
Q1 24
Capex Intensity
IAUX
IAUX
SPRO
SPRO
Q4 25
23.1%
Q3 25
10.2%
Q2 25
3.9%
Q1 25
2.5%
Q4 24
Q3 24
2.5%
Q2 24
7.3%
Q1 24
Cash Conversion
IAUX
IAUX
SPRO
SPRO
Q4 25
-0.26×
Q3 25
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

IAUX
IAUX

Granite Creek Mining Company$20.3M95%
Ruby Hill Mining Company LLC$991.0K5%
Lone Tree Minning Company$3.0K0%

SPRO
SPRO

Segment breakdown not available.

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