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Side-by-side financial comparison of SailPoint, Inc. (SAIL) and Gentherm Inc (THRM). Click either name above to swap in a different company.

Gentherm Inc is the larger business by last-quarter revenue ($382.8M vs $281.9M, roughly 1.4× SailPoint, Inc.). Gentherm Inc runs the higher net margin — 0.8% vs -12.8%, a 13.5% gap on every dollar of revenue. On growth, Gentherm Inc posted the faster year-over-year revenue change (8.5% vs 6.7%). SailPoint, Inc. produced more free cash flow last quarter ($52.5M vs $6.7M).

Steel Authority of India Limited (SAIL) is an Indian public sector steel manufacturing corporation based in New Delhi designated as Maharatna CPSE. It is the largest government-owned steel producer, with an annual production of 18.29 million metric tons. Incorporated on 24 January 1973, SAIL has 51,351 employees and is under the administrative control of the Ministry of Steel.

Gentherm Incorporated, formerly Amerigon, is an American thermal management technologies company. Gentherm created the first thermoelectrically heated and cooled seat system for the automotive industry. Called the "Climate Control Seat" system, it was first adopted by the Ford Motor Company and introduced as an option on the model year 2000 Lincoln Navigator in 1999. Today it is available on more than 50 vehicles sold by Ford, General Motors, Toyota (Lexus), Kia, Hyundai, Nissan (Infiniti), R...

SAIL vs THRM — Head-to-Head

Bigger by revenue
THRM
THRM
1.4× larger
THRM
$382.8M
$281.9M
SAIL
Growing faster (revenue YoY)
THRM
THRM
+1.8% gap
THRM
8.5%
6.7%
SAIL
Higher net margin
THRM
THRM
13.5% more per $
THRM
0.8%
-12.8%
SAIL
More free cash flow
SAIL
SAIL
$45.9M more FCF
SAIL
$52.5M
$6.7M
THRM

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
SAIL
SAIL
THRM
THRM
Revenue
$281.9M
$382.8M
Net Profit
$-36.0M
$3.0M
Gross Margin
66.3%
23.7%
Operating Margin
-14.8%
4.6%
Net Margin
-12.8%
0.8%
Revenue YoY
6.7%
8.5%
Net Profit YoY
-240.9%
-80.5%
EPS (diluted)
$-0.06
$0.08

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
SAIL
SAIL
THRM
THRM
Q4 25
$281.9M
$382.8M
Q3 25
$264.4M
$386.9M
Q2 25
$230.5M
$375.1M
Q1 25
$240.1M
$353.9M
Q4 24
$352.9M
Q3 24
$198.6M
$371.5M
Q2 24
$187.7M
$375.7M
Q1 24
$356.0M
Net Profit
SAIL
SAIL
THRM
THRM
Q4 25
$-36.0M
$3.0M
Q3 25
$-10.6M
$14.9M
Q2 25
$-187.3M
$477.0K
Q1 25
$-80.1M
$-128.0K
Q4 24
$15.3M
Q3 24
$-87.1M
$16.0M
Q2 24
$-89.2M
$18.9M
Q1 24
$14.8M
Gross Margin
SAIL
SAIL
THRM
THRM
Q4 25
66.3%
23.7%
Q3 25
67.3%
24.6%
Q2 25
55.4%
23.9%
Q1 25
66.5%
24.4%
Q4 24
24.4%
Q3 24
62.1%
25.5%
Q2 24
61.5%
25.7%
Q1 24
24.9%
Operating Margin
SAIL
SAIL
THRM
THRM
Q4 25
-14.8%
4.6%
Q3 25
-15.4%
6.2%
Q2 25
-80.3%
6.4%
Q1 25
-12.6%
4.8%
Q4 24
6.7%
Q3 24
-33.2%
8.7%
Q2 24
-36.3%
8.8%
Q1 24
5.1%
Net Margin
SAIL
SAIL
THRM
THRM
Q4 25
-12.8%
0.8%
Q3 25
-4.0%
3.9%
Q2 25
-81.3%
0.1%
Q1 25
-33.4%
-0.0%
Q4 24
4.3%
Q3 24
-43.9%
4.3%
Q2 24
-47.5%
5.0%
Q1 24
4.2%
EPS (diluted)
SAIL
SAIL
THRM
THRM
Q4 25
$-0.06
$0.08
Q3 25
$-0.02
$0.49
Q2 25
$-0.42
$0.02
Q1 25
$-6.50
$0.00
Q4 24
$0.48
Q3 24
$-2.97
$0.51
Q2 24
$-0.77
$0.60
Q1 24
$0.47

Balance Sheet & Financial Strength

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

Metric
SAIL
SAIL
THRM
THRM
Cash + ST InvestmentsLiquidity on hand
$298.1M
$160.8M
Total DebtLower is stronger
$0
$189.0M
Stockholders' EquityBook value
$6.8B
$720.3M
Total Assets
$7.5B
$1.4B
Debt / EquityLower = less leverage
0.00×
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SAIL
SAIL
THRM
THRM
Q4 25
$298.1M
$160.8M
Q3 25
$271.1M
$154.3M
Q2 25
$228.1M
$128.3M
Q1 25
$121.3M
$163.1M
Q4 24
$134.1M
Q3 24
$89.7M
$150.6M
Q2 24
$146.8M
$123.5M
Q1 24
$125.1M
Total Debt
SAIL
SAIL
THRM
THRM
Q4 25
$0
$189.0M
Q3 25
$0
$189.0M
Q2 25
$0
$209.0M
Q1 25
$1.0B
$262.0M
Q4 24
$220.1M
Q3 24
$222.1M
Q2 24
$222.1M
Q1 24
$222.2M
Stockholders' Equity
SAIL
SAIL
THRM
THRM
Q4 25
$6.8B
$720.3M
Q3 25
$6.8B
$717.9M
Q2 25
$6.8B
$699.7M
Q1 25
$-5.6B
$646.5M
Q4 24
$616.9M
Q3 24
$-701.3M
$660.7M
Q2 24
$-622.5M
$640.3M
Q1 24
$647.1M
Total Assets
SAIL
SAIL
THRM
THRM
Q4 25
$7.5B
$1.4B
Q3 25
$7.4B
$1.4B
Q2 25
$7.4B
$1.4B
Q1 25
$7.4B
$1.3B
Q4 24
$1.2B
Q3 24
$1.3B
Q2 24
$1.2B
Q1 24
$1.3B
Debt / Equity
SAIL
SAIL
THRM
THRM
Q4 25
0.00×
0.26×
Q3 25
0.00×
0.26×
Q2 25
0.00×
0.30×
Q1 25
0.41×
Q4 24
0.36×
Q3 24
0.34×
Q2 24
0.35×
Q1 24
0.34×

Cash Flow & Capital Efficiency

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

Metric
SAIL
SAIL
THRM
THRM
Operating Cash FlowLast quarter
$53.6M
$29.0M
Free Cash FlowOCF − Capex
$52.5M
$6.7M
FCF MarginFCF / Revenue
18.6%
1.7%
Capex IntensityCapex / Revenue
0.4%
5.8%
Cash ConversionOCF / Net Profit
9.70×
TTM Free Cash FlowTrailing 4 quarters
$61.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SAIL
SAIL
THRM
THRM
Q4 25
$53.6M
$29.0M
Q3 25
$49.9M
$56.1M
Q2 25
$-96.8M
$45.0M
Q1 25
$-13.3M
Q4 24
$36.6M
Q3 24
$46.3M
Q2 24
$-55.4M
$37.1M
Q1 24
$-10.3M
Free Cash Flow
SAIL
SAIL
THRM
THRM
Q4 25
$52.5M
$6.7M
Q3 25
$49.0M
$46.5M
Q2 25
$-99.0M
$36.2M
Q1 25
$-28.2M
Q4 24
$13.6M
Q3 24
$26.6M
Q2 24
$-56.0M
$17.8M
Q1 24
$-21.6M
FCF Margin
SAIL
SAIL
THRM
THRM
Q4 25
18.6%
1.7%
Q3 25
18.5%
12.0%
Q2 25
-43.0%
9.6%
Q1 25
-8.0%
Q4 24
3.9%
Q3 24
7.2%
Q2 24
-29.8%
4.7%
Q1 24
-6.1%
Capex Intensity
SAIL
SAIL
THRM
THRM
Q4 25
0.4%
5.8%
Q3 25
0.4%
2.5%
Q2 25
1.0%
2.4%
Q1 25
4.2%
Q4 24
6.5%
Q3 24
5.3%
Q2 24
0.3%
5.2%
Q1 24
3.2%
Cash Conversion
SAIL
SAIL
THRM
THRM
Q4 25
9.70×
Q3 25
3.75×
Q2 25
94.43×
Q1 25
Q4 24
2.39×
Q3 24
2.90×
Q2 24
1.97×
Q1 24
-0.70×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SAIL
SAIL

Software As A Service Saa S$156.0M55%
Term Subscriptions Services$65.1M23%
Maintenance$38.0M13%
Other$15.7M6%
Other Subscription Services$7.1M3%

THRM
THRM

Climate Control Seats$200.9M52%
Lumbar And Massage Comfort Solutions$58.5M15%
Climate Control Interiors$50.3M13%
Other Automotive$27.6M7%
Valve Systems$24.1M6%
Medical Segments$13.9M4%
Climate And Comfort Electronics$7.4M2%

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