vs

Side-by-side financial comparison of Inspirato Inc (ISPO) and STEM, INC. (STEM). Click either name above to swap in a different company.

Inspirato Inc is the larger business by last-quarter revenue ($55.5M vs $47.1M, roughly 1.2× STEM, INC.). Inspirato Inc runs the higher net margin — -8.1% vs -33.9%, a 25.8% gap on every dollar of revenue. On growth, STEM, INC. posted the faster year-over-year revenue change (-15.6% vs -19.6%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% CAGR vs -11.4%).

Inspirato Inc is a luxury travel and hospitality subscription service provider catering primarily to high-net-worth consumers across North America. It offers curated premium villa rentals, exclusive resort access, customized trip planning, and corporate travel incentive solutions for enterprise clients.

StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.

ISPO vs STEM — Head-to-Head

Bigger by revenue
ISPO
ISPO
1.2× larger
ISPO
$55.5M
$47.1M
STEM
Growing faster (revenue YoY)
STEM
STEM
+4.1% gap
STEM
-15.6%
-19.6%
ISPO
Higher net margin
ISPO
ISPO
25.8% more per $
ISPO
-8.1%
-33.9%
STEM
Faster 2-yr revenue CAGR
STEM
STEM
Annualised
STEM
36.1%
-11.4%
ISPO

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ISPO
ISPO
STEM
STEM
Revenue
$55.5M
$47.1M
Net Profit
$-4.5M
$-16.0M
Gross Margin
31.4%
48.9%
Operating Margin
-8.0%
-17.7%
Net Margin
-8.1%
-33.9%
Revenue YoY
-19.6%
-15.6%
Net Profit YoY
-204.4%
68.8%
EPS (diluted)
$-0.36
$-4.40

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
ISPO
ISPO
STEM
STEM
Q4 25
$47.1M
Q3 25
$55.5M
$38.2M
Q2 25
$63.1M
$38.4M
Q1 25
$65.9M
$32.5M
Q4 24
$63.1M
$55.8M
Q3 24
$69.1M
$29.3M
Q2 24
$67.4M
$34.0M
Q1 24
$80.2M
$25.5M
Net Profit
ISPO
ISPO
STEM
STEM
Q4 25
$-16.0M
Q3 25
$-4.5M
$-23.8M
Q2 25
$-5.3M
$202.5M
Q1 25
$1.6M
$-25.0M
Q4 24
$-2.3M
$-51.1M
Q3 24
$4.3M
$-148.3M
Q2 24
$-8.7M
$-582.3M
Q1 24
$1.3M
$-72.3M
Gross Margin
ISPO
ISPO
STEM
STEM
Q4 25
48.9%
Q3 25
31.4%
35.5%
Q2 25
27.5%
33.4%
Q1 25
38.8%
32.4%
Q4 24
34.7%
-4.4%
Q3 24
71.5%
21.2%
Q2 24
24.0%
27.6%
Q1 24
39.5%
-95.0%
Operating Margin
ISPO
ISPO
STEM
STEM
Q4 25
-17.7%
Q3 25
-8.0%
-33.6%
Q2 25
-8.3%
-34.8%
Q1 25
2.5%
-65.0%
Q4 24
-3.2%
-84.4%
Q3 24
9.8%
-493.2%
Q2 24
-22.8%
-1705.5%
Q1 24
3.0%
-267.0%
Net Margin
ISPO
ISPO
STEM
STEM
Q4 25
-33.9%
Q3 25
-8.1%
-62.2%
Q2 25
-8.4%
527.8%
Q1 25
2.5%
-76.9%
Q4 24
-3.6%
-91.6%
Q3 24
6.3%
-506.3%
Q2 24
-12.9%
-1712.6%
Q1 24
1.6%
-283.9%
EPS (diluted)
ISPO
ISPO
STEM
STEM
Q4 25
$-4.40
Q3 25
$-0.36
$-2.84
Q2 25
$-0.42
$-1.79
Q1 25
$0.12
$-0.15
Q4 24
$0.98
$-15.29
Q3 24
$0.62
$-18.24
Q2 24
$-2.33
$-71.81
Q1 24
$-0.18
$-0.46

Balance Sheet & Financial Strength

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

Metric
ISPO
ISPO
STEM
STEM
Cash + ST InvestmentsLiquidity on hand
$13.7M
$48.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-134.0M
$-249.4M
Total Assets
$228.3M
$308.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ISPO
ISPO
STEM
STEM
Q4 25
$48.9M
Q3 25
$13.7M
$43.1M
Q2 25
$16.7M
$40.8M
Q1 25
$16.4M
$58.6M
Q4 24
$21.8M
$56.3M
Q3 24
$13.5M
$75.4M
Q2 24
$18.8M
$89.6M
Q1 24
$22.6M
$112.8M
Stockholders' Equity
ISPO
ISPO
STEM
STEM
Q4 25
$-249.4M
Q3 25
$-134.0M
$-235.7M
Q2 25
$-129.7M
$-214.1M
Q1 25
$-125.2M
$-417.5M
Q4 24
$-129.9M
$-398.4M
Q3 24
$-134.6M
$-344.1M
Q2 24
$-35.2M
$-203.2M
Q1 24
$-27.5M
$371.6M
Total Assets
ISPO
ISPO
STEM
STEM
Q4 25
$308.9M
Q3 25
$228.3M
$362.6M
Q2 25
$252.6M
$379.2M
Q1 25
$270.1M
$405.1M
Q4 24
$273.9M
$437.4M
Q3 24
$273.3M
$537.8M
Q2 24
$301.7M
$691.5M
Q1 24
$313.0M
$1.3B

Cash Flow & Capital Efficiency

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

Metric
ISPO
ISPO
STEM
STEM
Operating Cash FlowLast quarter
$-2.2M
$8.2M
Free Cash FlowOCF − Capex
$-3.0M
FCF MarginFCF / Revenue
-5.4%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-31.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ISPO
ISPO
STEM
STEM
Q4 25
$8.2M
Q3 25
$-2.2M
$11.4M
Q2 25
$1.1M
$-21.3M
Q1 25
$-6.6M
$8.5M
Q4 24
$-15.8M
$-14.7M
Q3 24
$-13.7M
$-9.4M
Q2 24
$-1.8M
$-11.9M
Q1 24
$-7.2M
$-621.0K
Free Cash Flow
ISPO
ISPO
STEM
STEM
Q4 25
Q3 25
$-3.0M
Q2 25
$468.0K
Q1 25
$-7.5M
Q4 24
$-21.2M
Q3 24
$-14.8M
Q2 24
$-3.7M
Q1 24
$-8.5M
FCF Margin
ISPO
ISPO
STEM
STEM
Q4 25
Q3 25
-5.4%
Q2 25
0.7%
Q1 25
-11.4%
Q4 24
-33.7%
Q3 24
-21.5%
Q2 24
-5.5%
Q1 24
-10.6%
Capex Intensity
ISPO
ISPO
STEM
STEM
Q4 25
Q3 25
1.4%
Q2 25
1.0%
Q1 25
1.3%
Q4 24
8.7%
Q3 24
1.6%
Q2 24
2.8%
Q1 24
1.6%
Cash Conversion
ISPO
ISPO
STEM
STEM
Q4 25
Q3 25
Q2 25
-0.11×
Q1 25
-4.09×
Q4 24
Q3 24
-3.16×
Q2 24
Q1 24
-5.70×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ISPO
ISPO

Residence And Hotel Travel$25.9M47%
Subscription$19.4M35%
Experiences And Bespoke Travel$8.0M14%
Rewards And Other Revenue$2.3M4%

STEM
STEM

Segment breakdown not available.

Related Comparisons