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

SOLENO THERAPEUTICS INC is the larger business by last-quarter revenue ($66.0M vs $60.9M, roughly 1.1× TSS, Inc.). SOLENO THERAPEUTICS INC runs the higher net margin — 39.4% vs 20.0%, a 19.4% gap on every dollar of revenue. SOLENO THERAPEUTICS INC produced more free cash flow last quarter ($43.5M vs $15.8M).

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.

SLNO vs TSSI — Head-to-Head

Bigger by revenue
SLNO
SLNO
1.1× larger
SLNO
$66.0M
$60.9M
TSSI
Higher net margin
SLNO
SLNO
19.4% more per $
SLNO
39.4%
20.0%
TSSI
More free cash flow
SLNO
SLNO
$27.7M more FCF
SLNO
$43.5M
$15.8M
TSSI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SLNO
SLNO
TSSI
TSSI
Revenue
$66.0M
$60.9M
Net Profit
$26.0M
$12.2M
Gross Margin
98.3%
17.6%
Operating Margin
33.5%
1.5%
Net Margin
39.4%
20.0%
Revenue YoY
21.8%
Net Profit YoY
134.0%
535.7%
EPS (diluted)
$0.47
$0.44

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
TSSI
TSSI
Q4 25
$60.9M
Q3 25
$66.0M
$41.9M
Q2 25
$32.7M
$44.0M
Q1 25
$99.0M
Q4 24
$50.0M
Q3 24
$70.1M
Q2 24
$12.2M
Q1 24
$15.9M
Net Profit
SLNO
SLNO
TSSI
TSSI
Q4 25
$12.2M
Q3 25
$26.0M
$-1.5M
Q2 25
$-4.7M
$1.5M
Q1 25
$3.0M
Q4 24
$1.9M
Q3 24
$2.6M
Q2 24
$1.4M
Q1 24
$15.0K
Gross Margin
SLNO
SLNO
TSSI
TSSI
Q4 25
17.6%
Q3 25
98.3%
11.1%
Q2 25
97.9%
17.8%
Q1 25
9.3%
Q4 24
14.4%
Q3 24
11.3%
Q2 24
37.3%
Q1 24
17.1%
Operating Margin
SLNO
SLNO
TSSI
TSSI
Q4 25
1.5%
Q3 25
33.5%
-2.2%
Q2 25
-20.0%
5.1%
Q1 25
4.2%
Q4 24
0.0%
Q3 24
5.4%
Q2 24
14.0%
Q1 24
1.6%
Net Margin
SLNO
SLNO
TSSI
TSSI
Q4 25
20.0%
Q3 25
39.4%
-3.6%
Q2 25
-14.4%
3.4%
Q1 25
3.0%
Q4 24
3.8%
Q3 24
3.8%
Q2 24
11.5%
Q1 24
0.1%
EPS (diluted)
SLNO
SLNO
TSSI
TSSI
Q4 25
$0.44
Q3 25
$0.47
$-0.06
Q2 25
$-0.09
$0.06
Q1 25
$0.12
Q4 24
$0.08
Q3 24
$0.10
Q2 24
$0.06
Q1 24
$0.00

Balance Sheet & Financial Strength

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

Metric
SLNO
SLNO
TSSI
TSSI
Cash + ST InvestmentsLiquidity on hand
$498.9M
$85.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$494.8M
$76.6M
Total Assets
$599.9M
$184.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLNO
SLNO
TSSI
TSSI
Q4 25
$85.5M
Q3 25
$498.9M
$70.7M
Q2 25
$286.8M
Q1 25
Q4 24
$23.2M
Q3 24
$46.4M
Q2 24
$8.3M
Q1 24
$14.4M
Stockholders' Equity
SLNO
SLNO
TSSI
TSSI
Q4 25
$76.6M
Q3 25
$494.8M
$63.4M
Q2 25
$240.1M
$9.5M
Q1 25
$9.4M
Q4 24
$7.1M
Q3 24
$7.7M
Q2 24
$5.2M
Q1 24
$3.7M
Total Assets
SLNO
SLNO
TSSI
TSSI
Q4 25
$184.9M
Q3 25
$599.9M
$165.4M
Q2 25
$332.3M
$139.5M
Q1 25
$113.5M
Q4 24
$96.6M
Q3 24
$67.3M
Q2 24
$28.9M
Q1 24
$26.8M

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
TSSI
TSSI
Operating Cash FlowLast quarter
$43.5M
$16.3M
Free Cash FlowOCF − Capex
$43.5M
$15.8M
FCF MarginFCF / Revenue
65.8%
25.9%
Capex IntensityCapex / Revenue
0.0%
0.9%
Cash ConversionOCF / Net Profit
1.67×
1.34×
TTM Free Cash FlowTrailing 4 quarters
$2.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLNO
SLNO
TSSI
TSSI
Q4 25
$16.3M
Q3 25
$43.5M
$-18.4M
Q2 25
$-12.6M
$16.3M
Q1 25
$20.6M
Q4 24
$-21.6M
Q3 24
$38.6M
Q2 24
$-4.3M
Q1 24
$2.6M
Free Cash Flow
SLNO
SLNO
TSSI
TSSI
Q4 25
$15.8M
Q3 25
$43.5M
$-24.9M
Q2 25
$-12.6M
$5.4M
Q1 25
$5.8M
Q4 24
$-28.4M
Q3 24
$38.6M
Q2 24
$-6.0M
Q1 24
$2.6M
FCF Margin
SLNO
SLNO
TSSI
TSSI
Q4 25
25.9%
Q3 25
65.8%
-59.3%
Q2 25
-38.6%
12.3%
Q1 25
5.8%
Q4 24
-56.7%
Q3 24
55.1%
Q2 24
-49.4%
Q1 24
16.4%
Capex Intensity
SLNO
SLNO
TSSI
TSSI
Q4 25
0.9%
Q3 25
0.0%
15.3%
Q2 25
0.0%
24.8%
Q1 25
15.0%
Q4 24
13.4%
Q3 24
0.1%
Q2 24
13.8%
Q1 24
0.2%
Cash Conversion
SLNO
SLNO
TSSI
TSSI
Q4 25
1.34×
Q3 25
1.67×
Q2 25
11.02×
Q1 25
6.93×
Q4 24
-11.32×
Q3 24
14.60×
Q2 24
-3.09×
Q1 24
176.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SLNO
SLNO

Segment breakdown not available.

TSSI
TSSI

Procurement Revenues Segment$43.2M71%
System Integration Services Segment$14.2M23%
Facilities Segment$3.5M6%

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