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Side-by-side financial comparison of Stabilis Solutions, Inc. (SLNG) and SWK Holdings Corp (SWKH). Click either name above to swap in a different company.
Stabilis Solutions, Inc. is the larger business by last-quarter revenue ($13.3M vs $8.7M, roughly 1.5× SWK Holdings Corp). On growth, Stabilis Solutions, Inc. posted the faster year-over-year revenue change (-23.3% vs -29.7%). SWK Holdings Corp produced more free cash flow last quarter ($26.8M vs $-2.5M). Over the past eight quarters, SWK Holdings Corp's revenue compounded faster (-12.5% CAGR vs -18.1%).
Stabilis Solutions, Inc.SLNGEarnings & Financial Report
Stabilis Solutions, Inc. is a leading North American small-scale liquefied natural gas (LNG) producer and distributor. It supplies LNG fuel, cryogenic services, and full-cycle energy solutions to industrial, remote power, transportation, and commercial clients across the United States and Canada, advancing low-emission energy transition efforts.
SWK Holdings Corp is a specialty finance firm focused on the healthcare and life sciences sectors. It provides tailored financing solutions including royalty monetization, structured debt, and asset-backed lending to biotech, pharmaceutical, medical device and diagnostic companies, with its core market centered in North America.
SLNG vs SWKH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $13.3M | $8.7M |
| Net Profit | $-262.0K | $-19.4M |
| Gross Margin | 24.7% | — |
| Operating Margin | -2.4% | 9.9% |
| Net Margin | -2.0% | — |
| Revenue YoY | -23.3% | -29.7% |
| Net Profit YoY | -112.4% | -430.2% |
| EPS (diluted) | — | $-1.59 |
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 | $13.3M | $8.7M | ||
| Q3 25 | $20.3M | $10.9M | ||
| Q2 25 | $17.3M | $10.1M | ||
| Q1 25 | $17.3M | $11.8M | ||
| Q4 24 | $17.3M | $12.4M | ||
| Q3 24 | $17.6M | $10.4M | ||
| Q2 24 | $18.6M | $10.8M | ||
| Q1 24 | $19.8M | $11.4M |
| Q4 25 | $-262.0K | $-19.4M | ||
| Q3 25 | $1.1M | $8.8M | ||
| Q2 25 | $-613.0K | $3.5M | ||
| Q1 25 | $-1.6M | $4.5M | ||
| Q4 24 | $2.1M | $5.9M | ||
| Q3 24 | $997.0K | $3.5M | ||
| Q2 24 | $27.0K | $3.7M | ||
| Q1 24 | $1.5M | $468.0K |
| Q4 25 | 24.7% | — | ||
| Q3 25 | 27.6% | — | ||
| Q2 25 | 26.5% | — | ||
| Q1 25 | 26.2% | — | ||
| Q4 24 | 28.5% | — | ||
| Q3 24 | 28.3% | — | ||
| Q2 24 | 27.1% | — | ||
| Q1 24 | 31.6% | — |
| Q4 25 | -2.4% | 9.9% | ||
| Q3 25 | 5.5% | 61.3% | ||
| Q2 25 | -2.4% | 46.1% | ||
| Q1 25 | -9.7% | 68.6% | ||
| Q4 24 | 12.8% | 44.7% | ||
| Q3 24 | 5.0% | 39.2% | ||
| Q2 24 | 2.4% | 8.3% | ||
| Q1 24 | 7.8% | 9.5% |
| Q4 25 | -2.0% | — | ||
| Q3 25 | 5.5% | 80.7% | ||
| Q2 25 | -3.5% | 35.2% | ||
| Q1 25 | -9.2% | 38.4% | ||
| Q4 24 | 12.2% | 47.5% | ||
| Q3 24 | 5.7% | 33.3% | ||
| Q2 24 | 0.1% | 33.9% | ||
| Q1 24 | 7.4% | 4.1% |
| Q4 25 | — | $-1.59 | ||
| Q3 25 | $0.06 | $0.72 | ||
| Q2 25 | $-0.03 | $0.29 | ||
| Q1 25 | $-0.09 | $0.37 | ||
| Q4 24 | $0.12 | $0.47 | ||
| Q3 24 | $0.05 | $0.28 | ||
| Q2 24 | $0.00 | $0.30 | ||
| Q1 24 | $0.08 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $7.5M | $42.8M |
| Total DebtLower is stronger | $7.9M | $33.0M |
| Stockholders' EquityBook value | $66.7M | $235.1M |
| Total Assets | $83.1M | $272.4M |
| Debt / EquityLower = less leverage | 0.12× | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.5M | $42.8M | ||
| Q3 25 | $10.3M | $10.2M | ||
| Q2 25 | $12.2M | $8.0M | ||
| Q1 25 | $9.0M | $29.8M | ||
| Q4 24 | $9.0M | $5.9M | ||
| Q3 24 | $12.4M | $17.2M | ||
| Q2 24 | $11.5M | $5.5M | ||
| Q1 24 | $8.3M | $5.5M |
| Q4 25 | $7.9M | $33.0M | ||
| Q3 25 | $8.3M | $33.0M | ||
| Q2 25 | $7.6M | $33.0M | ||
| Q1 25 | $8.3M | $33.0M | ||
| Q4 24 | $8.9M | $33.0M | ||
| Q3 24 | $9.3M | $33.0M | ||
| Q2 24 | $8.6M | $33.0M | ||
| Q1 24 | $9.1M | $33.0M |
| Q4 25 | $66.7M | $235.1M | ||
| Q3 25 | $66.7M | $254.2M | ||
| Q2 25 | $65.5M | $246.5M | ||
| Q1 25 | $65.9M | $292.7M | ||
| Q4 24 | $67.0M | $288.7M | ||
| Q3 24 | $65.4M | $283.4M | ||
| Q2 24 | $63.7M | $282.8M | ||
| Q1 24 | $63.2M | $279.9M |
| Q4 25 | $83.1M | $272.4M | ||
| Q3 25 | $87.1M | $289.4M | ||
| Q2 25 | $83.2M | $285.7M | ||
| Q1 25 | $83.1M | $331.3M | ||
| Q4 24 | $85.6M | $332.2M | ||
| Q3 24 | $89.3M | $321.3M | ||
| Q2 24 | $82.6M | $321.0M | ||
| Q1 24 | $80.6M | $322.0M |
| Q4 25 | 0.12× | 0.14× | ||
| Q3 25 | 0.12× | 0.13× | ||
| Q2 25 | 0.12× | 0.13× | ||
| Q1 25 | 0.13× | 0.11× | ||
| Q4 24 | 0.13× | 0.11× | ||
| Q3 24 | 0.14× | 0.12× | ||
| Q2 24 | 0.13× | 0.12× | ||
| Q1 24 | 0.14× | 0.12× |
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 | $669.0K | $27.3M |
| Free Cash FlowOCF − Capex | $-2.5M | $26.8M |
| FCF MarginFCF / Revenue | -18.6% | 308.1% |
| Capex IntensityCapex / Revenue | 23.7% | 5.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $462.0K | $43.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $669.0K | $27.3M | ||
| Q3 25 | $2.4M | $906.0K | ||
| Q2 25 | $4.5M | $7.8M | ||
| Q1 25 | $1.0M | $8.3M | ||
| Q4 24 | $2.2M | $23.0M | ||
| Q3 24 | $2.6M | $6.3M | ||
| Q2 24 | $5.0M | $5.4M | ||
| Q1 24 | $3.9M | $4.4M |
| Q4 25 | $-2.5M | $26.8M | ||
| Q3 25 | $-1.5M | $557.0K | ||
| Q2 25 | $3.9M | $7.7M | ||
| Q1 25 | $538.0K | $8.2M | ||
| Q4 24 | $-3.4M | $22.9M | ||
| Q3 24 | $1.2M | $6.3M | ||
| Q2 24 | $3.7M | $5.4M | ||
| Q1 24 | $3.1M | — |
| Q4 25 | -18.6% | 308.1% | ||
| Q3 25 | -7.3% | 5.1% | ||
| Q2 25 | 22.4% | 77.0% | ||
| Q1 25 | 3.1% | 69.1% | ||
| Q4 24 | -19.7% | 185.3% | ||
| Q3 24 | 7.1% | 60.4% | ||
| Q2 24 | 19.7% | 49.7% | ||
| Q1 24 | 15.5% | — |
| Q4 25 | 23.7% | 5.9% | ||
| Q3 25 | 19.1% | 3.2% | ||
| Q2 25 | 3.7% | 0.6% | ||
| Q1 25 | 2.8% | 0.8% | ||
| Q4 24 | 32.3% | 1.1% | ||
| Q3 24 | 7.4% | 0.3% | ||
| Q2 24 | 7.4% | 0.2% | ||
| Q1 24 | 4.4% | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | 2.14× | 0.10× | ||
| Q2 25 | — | 2.21× | ||
| Q1 25 | — | 1.82× | ||
| Q4 24 | 1.03× | 3.93× | ||
| Q3 24 | 2.56× | 1.82× | ||
| Q2 24 | 186.59× | 1.47× | ||
| Q1 24 | 2.67× | 9.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SLNG
| Natural Gas Gathering Transportation Marketing And Processing | $11.1M | 84% |
| Other | $1.3M | 10% |
| Services | $897.0K | 7% |
SWKH
| Finance Receivables Segment | $8.4M | 96% |
| Other | $329.0K | 4% |
