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Side-by-side financial comparison of PEDEVCO CORP (PED) and Spero Therapeutics, Inc. (SPRO). Click either name above to swap in a different company.

PEDEVCO CORP is the larger business by last-quarter revenue ($23.1M vs $12.6M, roughly 1.8× Spero Therapeutics, Inc.). Spero Therapeutics, Inc. runs the higher net margin — 250.7% vs -36.8%, a 287.5% gap on every dollar of revenue. On growth, Spero Therapeutics, Inc. posted the faster year-over-year revenue change (24080.8% vs 118.2%). Over the past eight quarters, Spero Therapeutics, Inc.'s revenue compounded faster (847.7% CAGR vs 68.6%).

PEDEVCO Corp is an independent energy company specializing in the acquisition, exploration, development, and production of oil and natural gas assets. It primarily holds and operates onshore resource properties across continental US basins, serving domestic wholesale, utility, and industrial energy customer segments.

PED vs SPRO — Head-to-Head

Bigger by revenue
PED
PED
1.8× larger
PED
$23.1M
$12.6M
SPRO
Growing faster (revenue YoY)
SPRO
SPRO
+23962.5% gap
SPRO
24080.8%
118.2%
PED
Higher net margin
SPRO
SPRO
287.5% more per $
SPRO
250.7%
-36.8%
PED
Faster 2-yr revenue CAGR
SPRO
SPRO
Annualised
SPRO
847.7%
68.6%
PED

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PED
PED
SPRO
SPRO
Revenue
$23.1M
$12.6M
Net Profit
$-8.5M
$31.5M
Gross Margin
Operating Margin
-21.3%
Net Margin
-36.8%
250.7%
Revenue YoY
118.2%
24080.8%
Net Profit YoY
-243.5%
250.9%
EPS (diluted)
$-2.23
$0.56

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
PED
PED
SPRO
SPRO
Q4 25
$23.1M
$12.6M
Q3 25
$7.0M
$0
Q2 25
$7.0M
$0
Q1 25
$8.7M
$12.0K
Q4 24
$10.6M
$52.0K
Q3 24
$9.1M
$65.0K
Q2 24
$11.8M
$114.0K
Q1 24
$8.1M
$140.0K
Net Profit
PED
PED
SPRO
SPRO
Q4 25
$-8.5M
$31.5M
Q3 25
$-325.0K
$-7.4M
Q2 25
$-1.7M
$-1.7M
Q1 25
$140.0K
$-13.9M
Q4 24
$5.9M
Q3 24
$2.9M
$-17.1M
Q2 24
$2.7M
$-17.9M
Q1 24
$773.0K
$-12.7M
Operating Margin
PED
PED
SPRO
SPRO
Q4 25
-21.3%
Q3 25
-12.0%
Q2 25
-32.2%
Q1 25
1.7%
-122758.3%
Q4 24
-12.9%
Q3 24
31.3%
-28604.6%
Q2 24
22.3%
-16720.2%
Q1 24
7.6%
-9987.1%
Net Margin
PED
PED
SPRO
SPRO
Q4 25
-36.8%
250.7%
Q3 25
-4.7%
Q2 25
-24.0%
Q1 25
1.6%
-115550.0%
Q4 24
56.0%
Q3 24
32.2%
-26380.0%
Q2 24
22.7%
-15668.4%
Q1 24
9.5%
-9049.3%
EPS (diluted)
PED
PED
SPRO
SPRO
Q4 25
$-2.23
$0.56
Q3 25
$0.00
$-0.13
Q2 25
$-0.02
$-0.03
Q1 25
$0.00
$-0.25
Q4 24
$2.69
Q3 24
$0.03
$-0.32
Q2 24
$0.03
$-0.33
Q1 24
$0.01
$-0.24

Balance Sheet & Financial Strength

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

Metric
PED
PED
SPRO
SPRO
Cash + ST InvestmentsLiquidity on hand
$3.2M
$40.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$207.4M
$59.0M
Total Assets
$375.9M
$68.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PED
PED
SPRO
SPRO
Q4 25
$3.2M
$40.3M
Q3 25
$10.9M
$48.6M
Q2 25
$8.5M
$31.2M
Q1 25
$10.4M
$48.9M
Q4 24
$4.0M
$52.9M
Q3 24
$4.6M
$76.3M
Q2 24
$6.1M
$63.5M
Q1 24
$13.3M
$82.3M
Stockholders' Equity
PED
PED
SPRO
SPRO
Q4 25
$207.4M
$59.0M
Q3 25
$115.4M
$26.5M
Q2 25
$115.2M
$32.8M
Q1 25
$116.2M
$33.8M
Q4 24
$115.6M
$46.1M
Q3 24
$106.5M
$65.5M
Q2 24
$103.2M
$80.5M
Q1 24
$100.0M
$96.2M
Total Assets
PED
PED
SPRO
SPRO
Q4 25
$375.9M
$68.9M
Q3 25
$135.9M
$54.2M
Q2 25
$136.8M
$62.1M
Q1 25
$145.6M
$77.7M
Q4 24
$128.3M
$110.5M
Q3 24
$114.3M
$135.2M
Q2 24
$111.0M
$149.9M
Q1 24
$118.3M
$167.7M

Cash Flow & Capital Efficiency

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

Metric
PED
PED
SPRO
SPRO
Operating Cash FlowLast quarter
$-2.1M
$-8.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.26×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PED
PED
SPRO
SPRO
Q4 25
$-2.1M
$-8.4M
Q3 25
$7.4M
$17.4M
Q2 25
$-420.0K
$-17.7M
Q1 25
$5.9M
$-4.0M
Q4 24
$4.2M
$-23.4M
Q3 24
$8.3M
$12.8M
Q2 24
$4.6M
$-18.7M
Q1 24
$-4.3M
$5.9M
Cash Conversion
PED
PED
SPRO
SPRO
Q4 25
-0.26×
Q3 25
Q2 25
Q1 25
42.34×
Q4 24
0.71×
Q3 24
2.83×
Q2 24
1.71×
Q1 24
-5.56×

Financial Flow Comparison

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

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