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Side-by-side financial comparison of T Stamp Inc (IDAI) and Pineapple Financial Inc. (PAPL). Click either name above to swap in a different company.
T Stamp Inc is the larger business by last-quarter revenue ($908.9K vs $707.3K, roughly 1.3× Pineapple Financial Inc.). T Stamp Inc runs the higher net margin — -279.9% vs -2756.2%, a 2476.3% gap on every dollar of revenue. On growth, Pineapple Financial Inc. posted the faster year-over-year revenue change (-4.8% vs -39.3%). T Stamp Inc produced more free cash flow last quarter ($2.0M vs $-3.3M). Over the past eight quarters, T Stamp Inc's revenue compounded faster (25.9% CAGR vs -2.0%).
T Stamp Inc, trading under ticker IDAI, develops AI-powered identity verification, trust scoring, and fraud prevention solutions. It serves clients across fintech, healthcare, and e-commerce segments, primarily operating in North America to help organizations securely authenticate user identities and mitigate fraud risks.
IDAI vs PAPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $908.9K | $707.3K |
| Net Profit | $-2.5M | $-19.5M |
| Gross Margin | — | 48.9% |
| Operating Margin | -224.9% | -2518.8% |
| Net Margin | -279.9% | -2756.2% |
| Revenue YoY | -39.3% | -4.8% |
| Net Profit YoY | 57.7% | -3174.1% |
| EPS (diluted) | $-0.37 | $-1.21 |
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.
| Q1 26 | — | $707.3K | ||
| Q4 25 | $908.9K | $721.7K | ||
| Q3 25 | $872.5K | $730.5K | ||
| Q2 25 | $812.7K | $746.9K | ||
| Q1 25 | $545.5K | $743.3K | ||
| Q4 24 | $1.5M | $766.1K | ||
| Q3 24 | $511.1K | $598.3K | ||
| Q2 24 | $500.4K | $736.4K |
| Q1 26 | — | $-19.5M | ||
| Q4 25 | $-2.5M | $-6.4M | ||
| Q3 25 | $-1.9M | $-1.8M | ||
| Q2 25 | $-1.7M | $-557.7K | ||
| Q1 25 | $-2.2M | $-595.4K | ||
| Q4 24 | $-6.0M | $-656.9K | ||
| Q3 24 | $-1.3M | $-1.7M | ||
| Q2 24 | $-2.6M | $-848.6K |
| Q1 26 | — | 48.9% | ||
| Q4 25 | — | 49.6% | ||
| Q3 25 | — | 27.8% | ||
| Q2 25 | — | 67.6% | ||
| Q1 25 | — | 43.4% | ||
| Q4 24 | — | 45.9% | ||
| Q3 24 | — | 43.2% | ||
| Q2 24 | — | 44.2% |
| Q1 26 | — | -2518.8% | ||
| Q4 25 | -224.9% | -909.1% | ||
| Q3 25 | -203.0% | -131.3% | ||
| Q2 25 | -207.0% | -93.3% | ||
| Q1 25 | -396.5% | -80.6% | ||
| Q4 24 | -81.2% | -90.5% | ||
| Q3 24 | -523.7% | -232.8% | ||
| Q2 24 | -524.7% | -121.7% |
| Q1 26 | — | -2756.2% | ||
| Q4 25 | -279.9% | -891.6% | ||
| Q3 25 | -219.1% | -250.3% | ||
| Q2 25 | -210.7% | -74.7% | ||
| Q1 25 | -395.5% | -80.1% | ||
| Q4 24 | -401.5% | -85.7% | ||
| Q3 24 | -245.7% | -283.9% | ||
| Q2 24 | -519.3% | -115.2% |
| Q1 26 | — | $-1.21 | ||
| Q4 25 | $-0.37 | $-4.79 | ||
| Q3 25 | $-0.72 | $-0.93 | ||
| Q2 25 | $-0.69 | $-0.05 | ||
| Q1 25 | $-0.89 | $-1.73 | ||
| Q4 24 | $-3.14 | $-2.60 | ||
| Q3 24 | $-1.06 | $-11.10 | ||
| Q2 24 | $-3.19 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $6.0M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.7M | $27.1M |
| Total Assets | $11.2M | $48.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $6.0M | — | ||
| Q3 25 | $5.4M | — | ||
| Q2 25 | $292.1K | — | ||
| Q1 25 | $1.1M | — | ||
| Q4 24 | $2.8M | — | ||
| Q3 24 | $598.0K | — | ||
| Q2 24 | $659.5K | — |
| Q1 26 | — | $27.1M | ||
| Q4 25 | $8.7M | $-5.5M | ||
| Q3 25 | $6.1M | $906.7K | ||
| Q2 25 | $2.4M | $842.6K | ||
| Q1 25 | $4.1M | $739.7K | ||
| Q4 24 | $3.0M | $1.3M | ||
| Q3 24 | $5.4M | $1.3M | ||
| Q2 24 | $750.4K | $2.0M |
| Q1 26 | — | $48.9M | ||
| Q4 25 | $11.2M | $10.6M | ||
| Q3 25 | $11.2M | $5.4M | ||
| Q2 25 | $5.7M | $4.7M | ||
| Q1 25 | $6.6M | $4.0M | ||
| Q4 24 | $8.6M | $4.1M | ||
| Q3 24 | $10.6M | $4.1M | ||
| Q2 24 | $5.2M | $4.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $2.0M | $-3.3M |
| Free Cash FlowOCF − Capex | $2.0M | $-3.3M |
| FCF MarginFCF / Revenue | 215.4% | -462.7% |
| Capex IntensityCapex / Revenue | 0.8% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-5.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $-3.3M | ||
| Q4 25 | $2.0M | $-489.7K | ||
| Q3 25 | $-4.0M | $-507.6K | ||
| Q2 25 | $-2.1M | $397.0K | ||
| Q1 25 | $-1.5M | $-172.6K | ||
| Q4 24 | $-2.7M | $-663.6K | ||
| Q3 24 | $-2.4M | $-264.7K | ||
| Q2 24 | $-1.6M | $123.0K |
| Q1 26 | — | $-3.3M | ||
| Q4 25 | $2.0M | $-491.7K | ||
| Q3 25 | $-4.0M | — | ||
| Q2 25 | $-2.1M | — | ||
| Q1 25 | $-1.6M | — | ||
| Q4 24 | $-2.7M | — | ||
| Q3 24 | $-2.4M | $-264.7K | ||
| Q2 24 | $-1.6M | $122.7K |
| Q1 26 | — | -462.7% | ||
| Q4 25 | 215.4% | -68.1% | ||
| Q3 25 | -459.6% | — | ||
| Q2 25 | -258.6% | — | ||
| Q1 25 | -289.2% | — | ||
| Q4 24 | -182.9% | — | ||
| Q3 24 | -475.4% | -44.2% | ||
| Q2 24 | -320.9% | 16.7% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 0.8% | 0.3% | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 6.8% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.7% | 0.0% | ||
| Q2 24 | 1.3% | 0.0% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.