vs

Side-by-side financial comparison of SOLENO THERAPEUTICS INC (SLNO) and ThredUp Inc. (TDUP). Click either name above to swap in a different company.

ThredUp Inc. is the larger business by last-quarter revenue ($81.7M vs $66.0M, roughly 1.2× SOLENO THERAPEUTICS INC). SOLENO THERAPEUTICS INC runs the higher net margin — 39.4% vs -7.9%, a 47.3% gap on every dollar of revenue.

SOLENO THERAPEUTICS INC is a clinical-stage biopharmaceutical company specializing in developing novel therapies for rare endocrine, metabolic, and neurodevelopmental disorders. Its lead product candidate targets Prader-Willi syndrome, a rare genetic condition, with key patient markets across North America and the European Union.

ThredUp Inc. is an American company that operates an online resale platform specializing in the sale of second-hand clothing, footwear, and accessories. Founded in 2009 and headquartered in Oakland, California, it has established itself as one of the leading resale fashion marketplaces.

SLNO vs TDUP — Head-to-Head

Bigger by revenue
TDUP
TDUP
1.2× larger
TDUP
$81.7M
$66.0M
SLNO
Higher net margin
SLNO
SLNO
47.3% more per $
SLNO
39.4%
-7.9%
TDUP

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
SLNO
SLNO
TDUP
TDUP
Revenue
$66.0M
$81.7M
Net Profit
$26.0M
$-6.5M
Gross Margin
98.3%
79.2%
Operating Margin
33.5%
12.8%
Net Margin
39.4%
-7.9%
Revenue YoY
14.6%
Net Profit YoY
134.0%
-24.1%
EPS (diluted)
$0.47
$-0.05

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
SLNO
SLNO
TDUP
TDUP
Q1 26
$81.7M
Q4 25
$79.7M
Q3 25
$66.0M
$82.2M
Q2 25
$32.7M
$77.7M
Q1 25
$71.3M
Q4 24
$67.3M
Q3 24
$61.5M
Q2 24
$66.7M
Net Profit
SLNO
SLNO
TDUP
TDUP
Q1 26
$-6.5M
Q4 25
$-5.6M
Q3 25
$26.0M
$-4.2M
Q2 25
$-4.7M
$-5.2M
Q1 25
$-5.2M
Q4 24
$-21.7M
Q3 24
$-24.8M
Q2 24
$-14.0M
Gross Margin
SLNO
SLNO
TDUP
TDUP
Q1 26
79.2%
Q4 25
79.6%
Q3 25
98.3%
79.4%
Q2 25
97.9%
79.5%
Q1 25
79.1%
Q4 24
80.4%
Q3 24
79.3%
Q2 24
78.8%
Operating Margin
SLNO
SLNO
TDUP
TDUP
Q1 26
12.8%
Q4 25
-8.4%
Q3 25
33.5%
-5.3%
Q2 25
-20.0%
-6.8%
Q1 25
-7.6%
Q4 24
-12.1%
Q3 24
-17.0%
Q2 24
-14.4%
Net Margin
SLNO
SLNO
TDUP
TDUP
Q1 26
-7.9%
Q4 25
-7.0%
Q3 25
39.4%
-5.2%
Q2 25
-14.4%
-6.7%
Q1 25
-7.3%
Q4 24
-32.3%
Q3 24
-40.3%
Q2 24
-20.9%
EPS (diluted)
SLNO
SLNO
TDUP
TDUP
Q1 26
$-0.05
Q4 25
$-0.06
Q3 25
$0.47
$-0.03
Q2 25
$-0.09
$-0.04
Q1 25
$-0.04
Q4 24
$-0.19
Q3 24
$-0.22
Q2 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
SLNO
SLNO
TDUP
TDUP
Cash + ST InvestmentsLiquidity on hand
$498.9M
$39.0M
Total DebtLower is stronger
$17.7M
Stockholders' EquityBook value
$494.8M
$59.4M
Total Assets
$599.9M
$172.4M
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLNO
SLNO
TDUP
TDUP
Q1 26
$39.0M
Q4 25
$38.6M
Q3 25
$498.9M
$46.2M
Q2 25
$286.8M
$41.0M
Q1 25
$41.1M
Q4 24
$31.9M
Q3 24
$43.7M
Q2 24
$44.8M
Total Debt
SLNO
SLNO
TDUP
TDUP
Q1 26
$17.7M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
SLNO
SLNO
TDUP
TDUP
Q1 26
$59.4M
Q4 25
$59.2M
Q3 25
$494.8M
$59.1M
Q2 25
$240.1M
$60.2M
Q1 25
$56.1M
Q4 24
$56.3M
Q3 24
$69.3M
Q2 24
$86.5M
Total Assets
SLNO
SLNO
TDUP
TDUP
Q1 26
$172.4M
Q4 25
$167.2M
Q3 25
$599.9M
$172.5M
Q2 25
$332.3M
$173.6M
Q1 25
$172.5M
Q4 24
$171.2M
Q3 24
$214.9M
Q2 24
$231.2M
Debt / Equity
SLNO
SLNO
TDUP
TDUP
Q1 26
0.30×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
SLNO
SLNO
TDUP
TDUP
Operating Cash FlowLast quarter
$43.5M
$4.8M
Free Cash FlowOCF − Capex
$43.5M
FCF MarginFCF / Revenue
65.8%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.67×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLNO
SLNO
TDUP
TDUP
Q1 26
$4.8M
Q4 25
$-1.5M
Q3 25
$43.5M
$6.0M
Q2 25
$-12.6M
$344.0K
Q1 25
$5.7M
Q4 24
$663.0K
Q3 24
$3.3M
Q2 24
$-5.0M
Free Cash Flow
SLNO
SLNO
TDUP
TDUP
Q1 26
Q4 25
$-3.2M
Q3 25
$43.5M
$2.4M
Q2 25
$-12.6M
$-2.9M
Q1 25
$3.9M
Q4 24
$-1.8M
Q3 24
$1.2M
Q2 24
$-5.8M
FCF Margin
SLNO
SLNO
TDUP
TDUP
Q1 26
Q4 25
-4.0%
Q3 25
65.8%
2.9%
Q2 25
-38.6%
-3.8%
Q1 25
5.5%
Q4 24
-2.7%
Q3 24
2.0%
Q2 24
-8.7%
Capex Intensity
SLNO
SLNO
TDUP
TDUP
Q1 26
Q4 25
2.2%
Q3 25
0.0%
4.4%
Q2 25
0.0%
4.2%
Q1 25
2.5%
Q4 24
3.7%
Q3 24
3.5%
Q2 24
1.3%
Cash Conversion
SLNO
SLNO
TDUP
TDUP
Q1 26
Q4 25
Q3 25
1.67×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Related Comparisons