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Side-by-side financial comparison of Outdoor Holding Co (POWW) and Spero Therapeutics, Inc. (SPRO). Click either name above to swap in a different company.

Outdoor Holding Co is the larger business by last-quarter revenue ($13.4M vs $12.6M, roughly 1.1× Spero Therapeutics, Inc.). Spero Therapeutics, Inc. runs the higher net margin — 250.7% vs 16.7%, a 234.0% gap on every dollar of revenue. On growth, Spero Therapeutics, Inc. posted the faster year-over-year revenue change (24080.8% vs -54.1%).

Vista Outdoor Inc. was an American designer, manufacturer, and marketer that operated in two segments: shooting sports and outdoor products. It was a "house of brands" with more than 40 labels and subsidiaries.

POWW vs SPRO — Head-to-Head

Bigger by revenue
POWW
POWW
1.1× larger
POWW
$13.4M
$12.6M
SPRO
Growing faster (revenue YoY)
SPRO
SPRO
+24134.9% gap
SPRO
24080.8%
-54.1%
POWW
Higher net margin
SPRO
SPRO
234.0% more per $
SPRO
250.7%
16.7%
POWW

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
POWW
POWW
SPRO
SPRO
Revenue
$13.4M
$12.6M
Net Profit
$2.2M
$31.5M
Gross Margin
87.1%
Operating Margin
14.7%
Net Margin
16.7%
250.7%
Revenue YoY
-54.1%
24080.8%
Net Profit YoY
108.5%
250.9%
EPS (diluted)
$0.01
$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
POWW
POWW
SPRO
SPRO
Q4 25
$13.4M
$12.6M
Q3 25
$12.0M
$0
Q2 25
$11.9M
$0
Q1 25
$12.6M
$12.0K
Q4 24
$12.5M
$52.0K
Q3 24
$12.0M
$65.0K
Q2 24
$12.3M
$114.0K
Q1 24
$-50.7M
$140.0K
Net Profit
POWW
POWW
SPRO
SPRO
Q4 25
$2.2M
$31.5M
Q3 25
$1.4M
$-7.4M
Q2 25
$-6.5M
$-1.7M
Q1 25
$-77.5M
$-13.9M
Q4 24
$-26.1M
Q3 24
$-12.4M
$-17.1M
Q2 24
$-14.8M
$-17.9M
Q1 24
$-5.2M
$-12.7M
Gross Margin
POWW
POWW
SPRO
SPRO
Q4 25
87.1%
Q3 25
87.1%
Q2 25
87.2%
Q1 25
87.5%
Q4 24
87.4%
Q3 24
86.9%
Q2 24
85.8%
Q1 24
Operating Margin
POWW
POWW
SPRO
SPRO
Q4 25
14.7%
Q3 25
5.9%
Q2 25
-50.7%
Q1 25
-213.6%
-122758.3%
Q4 24
-163.8%
Q3 24
-50.3%
-28604.6%
Q2 24
-50.8%
-16720.2%
Q1 24
-9987.1%
Net Margin
POWW
POWW
SPRO
SPRO
Q4 25
16.7%
250.7%
Q3 25
11.7%
Q2 25
-54.5%
Q1 25
-614.5%
-115550.0%
Q4 24
-208.7%
Q3 24
-103.7%
-26380.0%
Q2 24
-120.2%
-15668.4%
Q1 24
10.3%
-9049.3%
EPS (diluted)
POWW
POWW
SPRO
SPRO
Q4 25
$0.01
$0.56
Q3 25
$0.01
$-0.13
Q2 25
$-0.06
$-0.03
Q1 25
$-0.67
$-0.25
Q4 24
$-0.23
Q3 24
$-0.11
$-0.32
Q2 24
$-0.13
$-0.33
Q1 24
$-0.05
$-0.24

Balance Sheet & Financial Strength

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

Metric
POWW
POWW
SPRO
SPRO
Cash + ST InvestmentsLiquidity on hand
$69.9M
$40.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$237.3M
$59.0M
Total Assets
$271.7M
$68.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
POWW
POWW
SPRO
SPRO
Q4 25
$69.9M
$40.3M
Q3 25
$65.7M
$48.6M
Q2 25
$63.4M
$31.2M
Q1 25
$30.2M
$48.9M
Q4 24
$31.9M
$52.9M
Q3 24
$33.5M
$76.3M
Q2 24
$50.8M
$63.5M
Q1 24
$55.6M
$82.3M
Stockholders' Equity
POWW
POWW
SPRO
SPRO
Q4 25
$237.3M
$59.0M
Q3 25
$235.4M
$26.5M
Q2 25
$222.5M
$32.8M
Q1 25
$222.0M
$33.8M
Q4 24
$299.6M
$46.1M
Q3 24
$325.6M
$65.5M
Q2 24
$342.5M
$80.5M
Q1 24
$358.0M
$96.2M
Total Assets
POWW
POWW
SPRO
SPRO
Q4 25
$271.7M
$68.9M
Q3 25
$270.3M
$54.2M
Q2 25
$269.5M
$62.1M
Q1 25
$297.3M
$77.7M
Q4 24
$355.4M
$110.5M
Q3 24
$368.9M
$135.2M
Q2 24
$398.6M
$149.9M
Q1 24
$403.0M
$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
POWW
POWW
SPRO
SPRO
Operating Cash FlowLast quarter
$5.7M
$-8.4M
Free Cash FlowOCF − Capex
$5.0M
FCF MarginFCF / Revenue
37.6%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
2.55×
-0.26×
TTM Free Cash FlowTrailing 4 quarters
$-2.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
POWW
POWW
SPRO
SPRO
Q4 25
$5.7M
$-8.4M
Q3 25
$3.2M
$17.4M
Q2 25
$-6.7M
$-17.7M
Q1 25
$-1.5M
$-4.0M
Q4 24
$1.3M
$-23.4M
Q3 24
$-9.3M
$12.8M
Q2 24
$-547.5K
$-18.7M
Q1 24
$4.3M
$5.9M
Free Cash Flow
POWW
POWW
SPRO
SPRO
Q4 25
$5.0M
Q3 25
$2.5M
Q2 25
$-7.6M
Q1 25
$-2.3M
Q4 24
$720.3K
Q3 24
$-10.6M
Q2 24
$-1.3M
Q1 24
$1.4M
FCF Margin
POWW
POWW
SPRO
SPRO
Q4 25
37.6%
Q3 25
21.0%
Q2 25
-63.8%
Q1 25
-18.6%
Q4 24
5.8%
Q3 24
-88.3%
Q2 24
-11.0%
Q1 24
-2.8%
Capex Intensity
POWW
POWW
SPRO
SPRO
Q4 25
4.8%
Q3 25
5.8%
Q2 25
7.5%
Q1 25
6.5%
Q4 24
4.4%
Q3 24
10.4%
Q2 24
6.5%
Q1 24
-5.7%
Cash Conversion
POWW
POWW
SPRO
SPRO
Q4 25
2.55×
-0.26×
Q3 25
2.29×
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.

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