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Side-by-side financial comparison of INSPIRE VETERINARY PARTNERS, INC. (IVP) and Satellogic Inc. (SATL). Click either name above to swap in a different company.

Satellogic Inc. is the larger business by last-quarter revenue ($6.2M vs $4.3M, roughly 1.4× INSPIRE VETERINARY PARTNERS, INC.). Satellogic Inc. runs the higher net margin — 488.0% vs -58.5%, a 546.5% gap on every dollar of revenue. INSPIRE VETERINARY PARTNERS, INC. produced more free cash flow last quarter ($-1.3M vs $-12.8M).

Inspire Veterinary Partners, Inc. is a U.S.-based operator of companion animal veterinary clinics. It delivers full-spectrum pet healthcare services including preventive care, diagnostic testing, surgery, dental care, and emergency treatment for dogs, cats and other small pets, serving communities across multiple U.S. states.

Satellogic Inc. is an American company specializing in Earth-observation satellites, founded in 2010 by Emiliano Kargieman and Gerardo Richarte.

IVP vs SATL — Head-to-Head

Bigger by revenue
SATL
SATL
1.4× larger
SATL
$6.2M
$4.3M
IVP
Higher net margin
SATL
SATL
546.5% more per $
SATL
488.0%
-58.5%
IVP
More free cash flow
IVP
IVP
$11.5M more FCF
IVP
$-1.3M
$-12.8M
SATL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
IVP
IVP
SATL
SATL
Revenue
$4.3M
$6.2M
Net Profit
$-2.5M
$30.5M
Gross Margin
Operating Margin
-45.6%
-114.2%
Net Margin
-58.5%
488.0%
Revenue YoY
6.6%
Net Profit YoY
27.6%
EPS (diluted)
$0.24

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
IVP
IVP
SATL
SATL
Q4 25
$6.2M
Q3 25
$4.3M
$3.6M
Q2 25
$4.3M
$4.4M
Q1 25
$3.6M
$3.4M
Q4 24
$3.3M
Q3 24
$4.0M
Q2 24
$4.4M
$3.5M
Q1 24
$4.8M
Net Profit
IVP
IVP
SATL
SATL
Q4 25
$30.5M
Q3 25
$-2.5M
$4.0M
Q2 25
$-3.0M
$-6.7M
Q1 25
$-2.4M
$-32.6M
Q4 24
$-4.0M
Q3 24
$-3.5M
Q2 24
$-3.4M
$-18.1M
Q1 24
$-3.4M
Operating Margin
IVP
IVP
SATL
SATL
Q4 25
-114.2%
Q3 25
-45.6%
-222.5%
Q2 25
-61.1%
-141.6%
Q1 25
-55.2%
-280.9%
Q4 24
-46.2%
Q3 24
-55.2%
Q2 24
-54.5%
-419.2%
Q1 24
-59.2%
Net Margin
IVP
IVP
SATL
SATL
Q4 25
488.0%
Q3 25
-58.5%
109.2%
Q2 25
-70.8%
-149.8%
Q1 25
-66.4%
-961.9%
Q4 24
-119.4%
Q3 24
-86.2%
Q2 24
-77.1%
-517.0%
Q1 24
-70.8%
EPS (diluted)
IVP
IVP
SATL
SATL
Q4 25
$0.24
Q3 25
$-0.02
Q2 25
$-0.06
Q1 25
$-0.34
Q4 24
Q3 24
Q2 24
$-0.20
Q1 24

Balance Sheet & Financial Strength

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

Metric
IVP
IVP
SATL
SATL
Cash + ST InvestmentsLiquidity on hand
$94.4M
Total DebtLower is stronger
$11.8M
Stockholders' EquityBook value
$4.2M
$60.5M
Total Assets
$24.0M
$151.3M
Debt / EquityLower = less leverage
2.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVP
IVP
SATL
SATL
Q4 25
$94.4M
Q3 25
$28.3M
Q2 25
$32.6M
Q1 25
$17.7M
Q4 24
$523.7K
Q3 24
$681.2K
Q2 24
$7.7K
$25.6M
Q1 24
$69.1K
Total Debt
IVP
IVP
SATL
SATL
Q4 25
Q3 25
$11.8M
Q2 25
$12.0M
Q1 25
$11.5M
Q4 24
$12.0M
Q3 24
$12.4M
Q2 24
$14.6M
Q1 24
Stockholders' Equity
IVP
IVP
SATL
SATL
Q4 25
$60.5M
Q3 25
$4.2M
$-56.9M
Q2 25
$446.3K
$-68.1M
Q1 25
$3.0M
$-83.1M
Q4 24
$1.6M
Q3 24
$3.0M
Q2 24
$-3.1M
$19.1M
Q1 24
$269.9K
Total Assets
IVP
IVP
SATL
SATL
Q4 25
$151.3M
Q3 25
$24.0M
$70.9M
Q2 25
$20.8M
$73.8M
Q1 25
$20.7M
$61.4M
Q4 24
$20.2M
Q3 24
$22.4M
Q2 24
$21.9M
$76.6M
Q1 24
$23.4M
Debt / Equity
IVP
IVP
SATL
SATL
Q4 25
Q3 25
2.82×
Q2 25
26.96×
Q1 25
3.84×
Q4 24
7.67×
Q3 24
4.10×
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
IVP
IVP
SATL
SATL
Operating Cash FlowLast quarter
$-1.3M
$-9.5M
Free Cash FlowOCF − Capex
$-1.3M
$-12.8M
FCF MarginFCF / Revenue
-30.7%
-204.9%
Capex IntensityCapex / Revenue
1.0%
53.6%
Cash ConversionOCF / Net Profit
-0.31×
TTM Free Cash FlowTrailing 4 quarters
$-4.3M
$-34.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVP
IVP
SATL
SATL
Q4 25
$-9.5M
Q3 25
$-1.3M
$-8.4M
Q2 25
$-898.3K
$-4.3M
Q1 25
$-1.4M
$-4.7M
Q4 24
$-677.5K
Q3 24
$-6.3M
Q2 24
$149.7K
Q1 24
$-3.2M
Free Cash Flow
IVP
IVP
SATL
SATL
Q4 25
$-12.8M
Q3 25
$-1.3M
$-9.7M
Q2 25
$-910.9K
$-5.1M
Q1 25
$-1.4M
$-6.6M
Q4 24
$-709.4K
Q3 24
$-6.3M
Q2 24
$126.0K
Q1 24
$-3.3M
FCF Margin
IVP
IVP
SATL
SATL
Q4 25
-204.9%
Q3 25
-30.7%
-267.2%
Q2 25
-21.3%
-115.3%
Q1 25
-38.3%
-195.9%
Q4 24
-21.4%
Q3 24
-156.4%
Q2 24
2.9%
Q1 24
-68.8%
Capex Intensity
IVP
IVP
SATL
SATL
Q4 25
53.6%
Q3 25
1.0%
36.8%
Q2 25
0.3%
17.5%
Q1 25
0.6%
56.5%
Q4 24
1.0%
Q3 24
0.6%
Q2 24
0.5%
Q1 24
3.2%
Cash Conversion
IVP
IVP
SATL
SATL
Q4 25
-0.31×
Q3 25
-2.11×
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

IVP
IVP

Services$3.1M73%
Products$1.2M27%

SATL
SATL

Transferred At Point In Time$5.7M91%
Other$547.0K9%

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