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Side-by-side financial comparison of Prelude Therapeutics Inc (PRLD) and Unusual Machines, Inc. (UMAC). Click either name above to swap in a different company.

Prelude Therapeutics Inc is the larger business by last-quarter revenue ($6.5M vs $4.9M, roughly 1.3× Unusual Machines, Inc.). Unusual Machines, Inc. runs the higher net margin — -215.7% vs -303.5%, a 87.8% gap on every dollar of revenue. On growth, Unusual Machines, Inc. posted the faster year-over-year revenue change (144.4% vs 116.7%).

Thinking Machines Lab Inc. is an American artificial intelligence (AI) startup founded by Mira Murati, the former chief technology officer of OpenAI. The company was founded in February 2025, and by July had completed an early-stage funding round led by Andreessen Horowitz, raising $2 billion at a valuation of $12 billion overall from investors such as Nvidia, AMD, Cisco, and Jane Street. The company is based in San Francisco and structured as a public benefit corporation.

PRLD vs UMAC — Head-to-Head

Bigger by revenue
PRLD
PRLD
1.3× larger
PRLD
$6.5M
$4.9M
UMAC
Growing faster (revenue YoY)
UMAC
UMAC
+27.8% gap
UMAC
144.4%
116.7%
PRLD
Higher net margin
UMAC
UMAC
87.8% more per $
UMAC
-215.7%
-303.5%
PRLD

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
PRLD
PRLD
UMAC
UMAC
Revenue
$6.5M
$4.9M
Net Profit
$-19.7M
$-10.6M
Gross Margin
36.2%
Operating Margin
-314.1%
-198.7%
Net Margin
-303.5%
-215.7%
Revenue YoY
116.7%
144.4%
Net Profit YoY
38.9%
61.0%
EPS (diluted)
$-0.26
$-0.26

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.

Revenue
PRLD
PRLD
UMAC
UMAC
Q4 25
$4.9M
Q3 25
$6.5M
$2.1M
Q2 25
$2.1M
Q1 25
$2.0M
Q4 24
$2.0M
Q3 24
$3.0M
$1.5M
Q2 24
$1.4M
Q1 24
$618.9K
Net Profit
PRLD
PRLD
UMAC
UMAC
Q4 25
$-10.6M
Q3 25
$-19.7M
$1.6M
Q2 25
$-7.0M
Q1 25
$-3.3M
Q4 24
$-27.1M
Q3 24
$-32.3M
$-2.1M
Q2 24
$-1.6M
Q1 24
$-1.1M
Gross Margin
PRLD
PRLD
UMAC
UMAC
Q4 25
36.2%
Q3 25
39.4%
Q2 25
37.4%
Q1 25
24.3%
Q4 24
27.7%
Q3 24
26.1%
Q2 24
27.5%
Q1 24
33.0%
Operating Margin
PRLD
PRLD
UMAC
UMAC
Q4 25
-198.7%
Q3 25
-314.1%
-232.4%
Q2 25
-338.5%
Q1 25
-160.0%
Q4 24
-642.3%
Q3 24
-1145.9%
-95.4%
Q2 24
-111.4%
Q1 24
-175.5%
Net Margin
PRLD
PRLD
UMAC
UMAC
Q4 25
-215.7%
Q3 25
-303.5%
75.1%
Q2 25
-327.9%
Q1 25
-159.9%
Q4 24
-1353.2%
Q3 24
-1075.7%
-140.0%
Q2 24
-114.3%
Q1 24
-178.7%
EPS (diluted)
PRLD
PRLD
UMAC
UMAC
Q4 25
$-0.26
Q3 25
$-0.26
$0.05
Q2 25
$-0.32
Q1 25
$-0.21
Q4 24
$-3.20
Q3 24
$-0.43
$-0.30
Q2 24
$-0.16
Q1 24
$-0.18

Balance Sheet & Financial Strength

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

Metric
PRLD
PRLD
UMAC
UMAC
Cash + ST InvestmentsLiquidity on hand
$55.0M
$142.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$58.5M
$174.9M
Total Assets
$94.8M
$182.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRLD
PRLD
UMAC
UMAC
Q4 25
$142.5M
Q3 25
$55.0M
$81.1M
Q2 25
$38.9M
Q1 25
$5.0M
Q4 24
$3.8M
Q3 24
$153.6M
$1.7M
Q2 24
$2.2M
Q1 24
$3.2M
Stockholders' Equity
PRLD
PRLD
UMAC
UMAC
Q4 25
$174.9M
Q3 25
$58.5M
$106.0M
Q2 25
$51.3M
Q1 25
$15.9M
Q4 24
$14.8M
Q3 24
$156.4M
$19.2M
Q2 24
$20.0M
Q1 24
$21.2M
Total Assets
PRLD
PRLD
UMAC
UMAC
Q4 25
$182.7M
Q3 25
$94.8M
$113.1M
Q2 25
$52.4M
Q1 25
$17.3M
Q4 24
$16.1M
Q3 24
$197.2M
$24.5M
Q2 24
$25.2M
Q1 24
$24.2M

Cash Flow & Capital Efficiency

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

Metric
PRLD
PRLD
UMAC
UMAC
Operating Cash FlowLast quarter
$-19.1M
$-9.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRLD
PRLD
UMAC
UMAC
Q4 25
$-9.8M
Q3 25
$-19.1M
$-7.5M
Q2 25
$-2.7M
Q1 25
$-1.2M
Q4 24
$-1.3M
Q3 24
$-27.3M
$-536.7K
Q2 24
$-986.2K
Q1 24
$-1.2M
Free Cash Flow
PRLD
PRLD
UMAC
UMAC
Q4 25
Q3 25
$-8.8M
Q2 25
Q1 25
Q4 24
Q3 24
$-27.4M
Q2 24
Q1 24
FCF Margin
PRLD
PRLD
UMAC
UMAC
Q4 25
Q3 25
-413.2%
Q2 25
Q1 25
Q4 24
Q3 24
-912.0%
Q2 24
Q1 24
Capex Intensity
PRLD
PRLD
UMAC
UMAC
Q4 25
Q3 25
0.0%
60.3%
Q2 25
Q1 25
Q4 24
Q3 24
2.1%
0.0%
Q2 24
Q1 24
Cash Conversion
PRLD
PRLD
UMAC
UMAC
Q4 25
Q3 25
-4.70×
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

PRLD
PRLD

Segment breakdown not available.

UMAC
UMAC

Retail Revenue$4.5M92%
Other$412.7K8%

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