vs
Side-by-side financial comparison of NEPHROS INC (NEPH) and Solid Power, Inc. (SLDP). Click either name above to swap in a different company.
NEPHROS INC is the larger business by last-quarter revenue ($4.7M vs $3.6M, roughly 1.3× Solid Power, Inc.). On growth, NEPHROS INC posted the faster year-over-year revenue change (22.2% vs -18.6%). Over the past eight quarters, NEPHROS INC's revenue compounded faster (15.9% CAGR vs -21.9%).
Nephros Inc is a medical technology company that develops and commercializes high-performance water purification systems, infection control products, and renal care solutions. Its offerings are primarily used by hospitals, dialysis clinics, and long-term care facilities across North America to reduce waterborne pathogen risks and improve patient outcomes.
Solid Energy was the largest coal mining company in New Zealand and is a state owned enterprise of the New Zealand Government.
NEPH vs SLDP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.7M | $3.6M |
| Net Profit | $62.0K | — |
| Gross Margin | 58.4% | — |
| Operating Margin | 0.4% | -730.1% |
| Net Margin | 1.3% | — |
| Revenue YoY | 22.2% | -18.6% |
| Net Profit YoY | -82.2% | — |
| EPS (diluted) | $0.01 | $-0.15 |
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.
| Q4 25 | $4.7M | $3.6M | ||
| Q3 25 | $4.8M | $3.7M | ||
| Q2 25 | $4.4M | $6.5M | ||
| Q1 25 | $4.9M | $6.0M | ||
| Q4 24 | $3.9M | $4.5M | ||
| Q3 24 | $3.5M | $4.7M | ||
| Q2 24 | $3.3M | $5.1M | ||
| Q1 24 | $3.5M | $6.0M |
| Q4 25 | $62.0K | — | ||
| Q3 25 | $337.0K | $-25.9M | ||
| Q2 25 | $237.0K | $-25.3M | ||
| Q1 25 | $558.0K | $-15.2M | ||
| Q4 24 | $349.0K | — | ||
| Q3 24 | $183.0K | $-22.4M | ||
| Q2 24 | $-289.0K | $-22.3M | ||
| Q1 24 | $-169.0K | $-21.2M |
| Q4 25 | 58.4% | — | ||
| Q3 25 | 61.2% | — | ||
| Q2 25 | 63.2% | — | ||
| Q1 25 | 64.7% | — | ||
| Q4 24 | 64.0% | — | ||
| Q3 24 | 61.1% | — | ||
| Q2 24 | 58.8% | — | ||
| Q1 24 | 62.1% | — |
| Q4 25 | 0.4% | -730.1% | ||
| Q3 25 | 6.6% | -654.4% | ||
| Q2 25 | 5.6% | -398.9% | ||
| Q1 25 | 11.6% | -399.4% | ||
| Q4 24 | 8.2% | -561.1% | ||
| Q3 24 | 5.9% | -593.2% | ||
| Q2 24 | -9.7% | -530.8% | ||
| Q1 24 | -5.7% | -433.1% |
| Q4 25 | 1.3% | — | ||
| Q3 25 | 7.1% | -693.1% | ||
| Q2 25 | 5.4% | -390.7% | ||
| Q1 25 | 11.4% | -251.8% | ||
| Q4 24 | 9.0% | — | ||
| Q3 24 | 5.2% | -482.0% | ||
| Q2 24 | -8.9% | -438.9% | ||
| Q1 24 | -4.8% | -356.2% |
| Q4 25 | $0.01 | $-0.15 | ||
| Q3 25 | $0.03 | $-0.14 | ||
| Q2 25 | $0.02 | $-0.14 | ||
| Q1 25 | $0.05 | $-0.08 | ||
| Q4 24 | $0.04 | $-0.16 | ||
| Q3 24 | $0.02 | $-0.13 | ||
| Q2 24 | $-0.03 | $-0.13 | ||
| Q1 24 | $-0.02 | $-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 | $5.4M | $250.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $10.2M | $415.7M |
| Total Assets | $13.6M | $455.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.4M | $250.8M | ||
| Q3 25 | $5.2M | $251.2M | ||
| Q2 25 | $5.1M | $230.9M | ||
| Q1 25 | $4.1M | $240.9M | ||
| Q4 24 | $3.8M | $118.2M | ||
| Q3 24 | $2.5M | $132.0M | ||
| Q2 24 | $3.1M | $140.5M | ||
| Q1 24 | $3.6M | $146.6M |
| Q4 25 | $10.2M | $415.7M | ||
| Q3 25 | $10.0M | $381.2M | ||
| Q2 25 | $9.6M | $370.6M | ||
| Q1 25 | $9.3M | $397.1M | ||
| Q4 24 | $8.6M | $410.3M | ||
| Q3 24 | $8.2M | $439.4M | ||
| Q2 24 | $7.9M | $456.8M | ||
| Q1 24 | $8.2M | $479.4M |
| Q4 25 | $13.6M | $455.1M | ||
| Q3 25 | $13.2M | $416.1M | ||
| Q2 25 | $12.2M | $398.0M | ||
| Q1 25 | $11.8M | $419.4M | ||
| Q4 24 | $11.2M | $448.3M | ||
| Q3 24 | $10.4M | $470.9M | ||
| Q2 24 | $11.1M | $492.6M | ||
| Q1 24 | $11.4M | $516.2M |
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 | $230.0K | $-18.4M |
| Free Cash FlowOCF − Capex | — | $-23.0M |
| FCF MarginFCF / Revenue | — | -633.0% |
| Capex IntensityCapex / Revenue | — | 126.5% |
| Cash ConversionOCF / Net Profit | 3.71× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-83.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $230.0K | $-18.4M | ||
| Q3 25 | $99.0K | $-14.3M | ||
| Q2 25 | $994.0K | $-14.4M | ||
| Q1 25 | $322.0K | $-26.3M | ||
| Q4 24 | $1.3M | $-13.9M | ||
| Q3 24 | $-623.0K | $-9.9M | ||
| Q2 24 | $-501.0K | $-11.1M | ||
| Q1 24 | $-672.0K | $-29.1M |
| Q4 25 | — | $-23.0M | ||
| Q3 25 | — | $-14.8M | ||
| Q2 25 | — | $-17.1M | ||
| Q1 25 | — | $-28.6M | ||
| Q4 24 | — | $-18.6M | ||
| Q3 24 | — | $-12.6M | ||
| Q2 24 | — | $-15.5M | ||
| Q1 24 | — | $-33.1M |
| Q4 25 | — | -633.0% | ||
| Q3 25 | — | -397.6% | ||
| Q2 25 | — | -264.2% | ||
| Q1 25 | — | -476.1% | ||
| Q4 24 | — | -416.5% | ||
| Q3 24 | — | -271.5% | ||
| Q2 24 | — | -305.8% | ||
| Q1 24 | — | -556.3% |
| Q4 25 | — | 126.5% | ||
| Q3 25 | — | 15.3% | ||
| Q2 25 | — | 41.5% | ||
| Q1 25 | — | 39.1% | ||
| Q4 24 | — | 105.5% | ||
| Q3 24 | 0.0% | 59.7% | ||
| Q2 24 | — | 86.8% | ||
| Q1 24 | — | 68.1% |
| Q4 25 | 3.71× | — | ||
| Q3 25 | 0.29× | — | ||
| Q2 25 | 4.19× | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | 3.74× | — | ||
| Q3 24 | -3.40× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NEPH
| Products | $4.6M | 98% |
| Other | $108.0K | 2% |
SLDP
Segment breakdown not available.
