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Side-by-side financial comparison of Eightco Holdings Inc. (ORBS) and REED'S, INC. (REED). Click either name above to swap in a different company.
Eightco Holdings Inc. is the larger business by last-quarter revenue ($10.2M vs $7.5M, roughly 1.4× REED'S, INC.). REED'S, INC. runs the higher net margin — -50.5% vs -2281.6%, a 2231.1% gap on every dollar of revenue. On growth, REED'S, INC. posted the faster year-over-year revenue change (-23.1% vs -49.9%). REED'S, INC. produced more free cash flow last quarter ($-3.9M vs $-11.0M). Over the past eight quarters, Eightco Holdings Inc.'s revenue compounded faster (13.1% CAGR vs -11.7%).
Waddell & Reed Financial, Inc. was an American asset management and financial planning company founded in 1937 in Kansas City, Missouri. It was a publicly traded company from 1998 to 2021, and briefly had its headquarters in Overland Park, Kansas, and was planning a move back to Downtown Kansas City before the company was sold. It operated asset management and distribution subsidiaries, including Ivy Investment Management Company and Waddell & Reed Investment Management Company.
ORBS vs REED — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $10.2M | $7.5M |
| Net Profit | $-232.5M | $-3.8M |
| Gross Margin | -13.0% | 20.4% |
| Operating Margin | -475.0% | -46.9% |
| Net Margin | -2281.6% | -50.5% |
| Revenue YoY | -49.9% | -23.1% |
| Net Profit YoY | -9183.3% | 8.2% |
| EPS (diluted) | $-2.34 | $-1.26 |
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 | $10.2M | $7.5M | ||
| Q3 25 | $5.3M | $7.0M | ||
| Q2 25 | $7.6M | $9.5M | ||
| Q1 25 | $9.9M | $10.0M | ||
| Q4 24 | $20.3M | $9.7M | ||
| Q3 24 | $6.1M | $6.8M | ||
| Q2 24 | $5.3M | $11.9M | ||
| Q1 24 | $8.0M | $9.6M |
| Q4 25 | $-232.5M | $-3.8M | ||
| Q3 25 | $-25.8M | $-4.0M | ||
| Q2 25 | $-1.2M | $-6.0M | ||
| Q1 25 | $-2.5M | $-2.0M | ||
| Q4 24 | $-2.5M | $-4.1M | ||
| Q3 24 | $-3.2M | $-4.2M | ||
| Q2 24 | $4.4M | $-3.2M | ||
| Q1 24 | $1.9M | $-1.7M |
| Q4 25 | -13.0% | 20.4% | ||
| Q3 25 | -3.7% | 17.4% | ||
| Q2 25 | 16.4% | 8.5% | ||
| Q1 25 | 8.2% | 33.9% | ||
| Q4 24 | 8.2% | 30.0% | ||
| Q3 24 | 26.5% | 18.0% | ||
| Q2 24 | 25.1% | 32.3% | ||
| Q1 24 | 17.5% | 35.6% |
| Q4 25 | -475.0% | -46.9% | ||
| Q3 25 | -116.9% | -58.3% | ||
| Q2 25 | -15.9% | -60.8% | ||
| Q1 25 | -14.3% | -17.4% | ||
| Q4 24 | -11.9% | -37.6% | ||
| Q3 24 | -29.1% | -46.5% | ||
| Q2 24 | -16.4% | -5.6% | ||
| Q1 24 | -39.6% | -6.8% |
| Q4 25 | -2281.6% | -50.5% | ||
| Q3 25 | -487.6% | -56.6% | ||
| Q2 25 | -15.4% | -63.5% | ||
| Q1 25 | -25.7% | -20.3% | ||
| Q4 24 | -12.3% | -42.3% | ||
| Q3 24 | -52.5% | -61.5% | ||
| Q2 24 | 84.2% | -27.1% | ||
| Q1 24 | 24.4% | -17.4% |
| Q4 25 | $-2.34 | $-1.26 | ||
| Q3 25 | $-0.58 | $-0.48 | ||
| Q2 25 | $-0.38 | $-0.13 | ||
| Q1 25 | $-0.84 | $-0.04 | ||
| Q4 24 | $-1.44 | $-3.73 | ||
| Q3 24 | $-1.77 | $-4.91 | ||
| Q2 24 | $2.15 | $-0.77 | ||
| Q1 24 | $1.42 | $-0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $58.5M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $232.6M | $9.2M |
| Total Assets | $250.2M | $23.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $58.5M | — | ||
| Q3 25 | $23.7M | — | ||
| Q2 25 | $696.3K | — | ||
| Q1 25 | $434.4K | — | ||
| Q4 24 | $239.2K | — | ||
| Q3 24 | $2.4M | — | ||
| Q2 24 | $363.1K | — | ||
| Q1 24 | $808.8K | — |
| Q4 25 | $232.6M | $9.2M | ||
| Q3 25 | $339.2M | $2.8M | ||
| Q2 25 | $8.9M | $1.7M | ||
| Q1 25 | $9.7M | $4.7M | ||
| Q4 24 | $11.9M | $6.6M | ||
| Q3 24 | $13.0M | $-22.0M | ||
| Q2 24 | $13.8M | $-23.8M | ||
| Q1 24 | $3.9M | $-20.7M |
| Q4 25 | $250.2M | $23.3M | ||
| Q3 25 | $355.5M | $19.9M | ||
| Q2 25 | $48.7M | $23.7M | ||
| Q1 25 | $47.6M | $24.5M | ||
| Q4 24 | $50.8M | $25.1M | ||
| Q3 24 | $49.2M | $15.0M | ||
| Q2 24 | $48.4M | $18.7M | ||
| Q1 24 | $50.2M | $19.3M |
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 | $-11.0M | $-3.8M |
| Free Cash FlowOCF − Capex | $-11.0M | $-3.9M |
| FCF MarginFCF / Revenue | -107.7% | -52.0% |
| Capex IntensityCapex / Revenue | 0.0% | 1.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-17.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-11.0M | $-3.8M | ||
| Q3 25 | $-1.6M | $-2.8M | ||
| Q2 25 | $-659.2K | $-5.0M | ||
| Q1 25 | $999.8K | $-5.4M | ||
| Q4 24 | $-6.6M | $-3.9M | ||
| Q3 24 | $77.7K | $1.1M | ||
| Q2 24 | $-440.3K | $-912.0K | ||
| Q1 24 | $-723.3K | $-2.4M |
| Q4 25 | $-11.0M | $-3.9M | ||
| Q3 25 | — | $-2.9M | ||
| Q2 25 | $-661.3K | $-5.1M | ||
| Q1 25 | $999.7K | $-5.4M | ||
| Q4 24 | $-6.6M | $-4.0M | ||
| Q3 24 | $73.0K | $1.0M | ||
| Q2 24 | — | $-924.0K | ||
| Q1 24 | — | $-2.4M |
| Q4 25 | -107.7% | -52.0% | ||
| Q3 25 | — | -41.5% | ||
| Q2 25 | -8.7% | -53.2% | ||
| Q1 25 | 10.1% | -54.2% | ||
| Q4 24 | -32.7% | -40.8% | ||
| Q3 24 | 1.2% | 15.3% | ||
| Q2 24 | — | -7.8% | ||
| Q1 24 | — | -25.1% |
| Q4 25 | 0.0% | 1.1% | ||
| Q3 25 | 0.0% | 1.4% | ||
| Q2 25 | 0.0% | 0.2% | ||
| Q1 25 | 0.0% | 0.7% | ||
| Q4 24 | 0.0% | 1.0% | ||
| Q3 24 | 0.1% | 0.3% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.10× | — | ||
| Q1 24 | -0.37× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
