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Side-by-side financial comparison of Seaport Entertainment Group Inc. (SEG) and STEM, INC. (STEM). Click either name above to swap in a different company.
STEM, INC. is the larger business by last-quarter revenue ($47.1M vs $29.5M, roughly 1.6× Seaport Entertainment Group Inc.). STEM, INC. runs the higher net margin — -33.9% vs -125.0%, a 91.1% gap on every dollar of revenue.
StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.
SEG vs STEM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $29.5M | $47.1M |
| Net Profit | $-36.9M | $-16.0M |
| Gross Margin | — | 48.9% |
| Operating Margin | -120.5% | -17.7% |
| Net Margin | -125.0% | -33.9% |
| Revenue YoY | — | -15.6% |
| Net Profit YoY | — | 68.8% |
| EPS (diluted) | $-2.90 | $-4.40 |
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 | $29.5M | $47.1M | ||
| Q3 25 | $45.0M | $38.2M | ||
| Q2 25 | $39.8M | $38.4M | ||
| Q1 25 | $16.1M | $32.5M | ||
| Q4 24 | — | $55.8M | ||
| Q3 24 | $39.4M | $29.3M | ||
| Q2 24 | $33.7M | $34.0M | ||
| Q1 24 | — | $25.5M |
| Q4 25 | $-36.9M | $-16.0M | ||
| Q3 25 | $-33.2M | $-23.8M | ||
| Q2 25 | $-14.8M | $202.5M | ||
| Q1 25 | $-31.9M | $-25.0M | ||
| Q4 24 | — | $-51.1M | ||
| Q3 24 | $-32.5M | $-148.3M | ||
| Q2 24 | $-35.0M | $-582.3M | ||
| Q1 24 | — | $-72.3M |
| Q4 25 | — | 48.9% | ||
| Q3 25 | — | 35.5% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | — | 32.4% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 27.6% | ||
| Q1 24 | — | -95.0% |
| Q4 25 | -120.5% | -17.7% | ||
| Q3 25 | -75.2% | -33.6% | ||
| Q2 25 | -40.2% | -34.8% | ||
| Q1 25 | -203.5% | -65.0% | ||
| Q4 24 | — | -84.4% | ||
| Q3 24 | -51.0% | -493.2% | ||
| Q2 24 | -75.3% | -1705.5% | ||
| Q1 24 | — | -267.0% |
| Q4 25 | -125.0% | -33.9% | ||
| Q3 25 | -73.7% | -62.2% | ||
| Q2 25 | -37.1% | 527.8% | ||
| Q1 25 | -198.4% | -76.9% | ||
| Q4 24 | — | -91.6% | ||
| Q3 24 | -82.5% | -506.3% | ||
| Q2 24 | -103.9% | -1712.6% | ||
| Q1 24 | — | -283.9% |
| Q4 25 | $-2.90 | $-4.40 | ||
| Q3 25 | $-2.61 | $-2.84 | ||
| Q2 25 | $-1.16 | $-1.79 | ||
| Q1 25 | $-2.51 | $-0.15 | ||
| Q4 24 | — | $-15.29 | ||
| Q3 24 | $-5.89 | $-18.24 | ||
| Q2 24 | $-6.34 | $-71.81 | ||
| Q1 24 | — | $-0.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $77.8M | $48.9M |
| Total DebtLower is stronger | $38.3M | — |
| Stockholders' EquityBook value | $456.5M | $-249.4M |
| Total Assets | $650.1M | $308.9M |
| Debt / EquityLower = less leverage | 0.08× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $77.8M | $48.9M | ||
| Q3 25 | $106.2M | $43.1M | ||
| Q2 25 | $123.3M | $40.8M | ||
| Q1 25 | $129.9M | $58.6M | ||
| Q4 24 | — | $56.3M | ||
| Q3 24 | $23.7M | $75.4M | ||
| Q2 24 | $3.3M | $89.6M | ||
| Q1 24 | — | $112.8M |
| Q4 25 | $38.3M | — | ||
| Q3 25 | $39.3M | — | ||
| Q2 25 | $100.6M | — | ||
| Q1 25 | $101.6M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $103.3M | — | ||
| Q2 24 | $157.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $456.5M | $-249.4M | ||
| Q3 25 | $485.8M | $-235.7M | ||
| Q2 25 | $517.9M | $-214.1M | ||
| Q1 25 | $531.2M | $-417.5M | ||
| Q4 24 | — | $-398.4M | ||
| Q3 24 | $433.8M | $-344.1M | ||
| Q2 24 | $380.7M | $-203.2M | ||
| Q1 24 | — | $371.6M |
| Q4 25 | $650.1M | $308.9M | ||
| Q3 25 | $699.1M | $362.6M | ||
| Q2 25 | $717.2M | $379.2M | ||
| Q1 25 | $718.4M | $405.1M | ||
| Q4 24 | — | $437.4M | ||
| Q3 24 | $622.8M | $537.8M | ||
| Q2 24 | $610.1M | $691.5M | ||
| Q1 24 | — | $1.3B |
| Q4 25 | 0.08× | — | ||
| Q3 25 | 0.08× | — | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | 0.19× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.24× | — | ||
| Q2 24 | 0.41× | — | ||
| Q1 24 | — | — |
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 | $-23.1M | $8.2M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-23.1M | $8.2M | ||
| Q3 25 | $-5.3M | $11.4M | ||
| Q2 25 | $-754.0K | $-21.3M | ||
| Q1 25 | $-20.5M | $8.5M | ||
| Q4 24 | — | $-14.7M | ||
| Q3 24 | $-8.8M | $-9.4M | ||
| Q2 24 | — | $-11.9M | ||
| Q1 24 | — | $-621.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.11× | ||
| 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
SEG
| Sponsorships Events And Entertainment | $12.5M | 43% |
| Hospitality | $12.2M | 41% |
| Rental | $4.1M | 14% |
| Other | $631.0K | 2% |
STEM
Segment breakdown not available.
