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Side-by-side financial comparison of SOLENO THERAPEUTICS INC (SLNO) and Viridian Therapeutics, Inc.\DE (VRDN). Click either name above to swap in a different company.

Viridian Therapeutics, Inc.\DE is the larger business by last-quarter revenue ($70.6M vs $66.0M, roughly 1.1× SOLENO THERAPEUTICS INC). SOLENO THERAPEUTICS INC runs the higher net margin — 39.4% vs -49.0%, a 88.4% gap on every dollar of revenue. SOLENO THERAPEUTICS INC produced more free cash flow last quarter ($43.5M vs $-84.7M).

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.

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

SLNO vs VRDN — Head-to-Head

Bigger by revenue
VRDN
VRDN
1.1× larger
VRDN
$70.6M
$66.0M
SLNO
Higher net margin
SLNO
SLNO
88.4% more per $
SLNO
39.4%
-49.0%
VRDN
More free cash flow
SLNO
SLNO
$128.2M more FCF
SLNO
$43.5M
$-84.7M
VRDN

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
SLNO
SLNO
VRDN
VRDN
Revenue
$66.0M
$70.6M
Net Profit
$26.0M
$-34.6M
Gross Margin
98.3%
Operating Margin
33.5%
-56.7%
Net Margin
39.4%
-49.0%
Revenue YoY
81958.1%
Net Profit YoY
134.0%
54.9%
EPS (diluted)
$0.47

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
VRDN
VRDN
Q3 25
$66.0M
$70.6M
Q2 25
$32.7M
Net Profit
SLNO
SLNO
VRDN
VRDN
Q3 25
$26.0M
$-34.6M
Q2 25
$-4.7M
Gross Margin
SLNO
SLNO
VRDN
VRDN
Q3 25
98.3%
Q2 25
97.9%
Operating Margin
SLNO
SLNO
VRDN
VRDN
Q3 25
33.5%
-56.7%
Q2 25
-20.0%
Net Margin
SLNO
SLNO
VRDN
VRDN
Q3 25
39.4%
-49.0%
Q2 25
-14.4%
EPS (diluted)
SLNO
SLNO
VRDN
VRDN
Q3 25
$0.47
Q2 25
$-0.09

Balance Sheet & Financial Strength

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

Metric
SLNO
SLNO
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$498.9M
$490.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$494.8M
$503.0M
Total Assets
$599.9M
$577.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLNO
SLNO
VRDN
VRDN
Q3 25
$498.9M
$490.9M
Q2 25
$286.8M
Stockholders' Equity
SLNO
SLNO
VRDN
VRDN
Q3 25
$494.8M
$503.0M
Q2 25
$240.1M
Total Assets
SLNO
SLNO
VRDN
VRDN
Q3 25
$599.9M
$577.1M
Q2 25
$332.3M

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
VRDN
VRDN
Operating Cash FlowLast quarter
$43.5M
$-84.6M
Free Cash FlowOCF − Capex
$43.5M
$-84.7M
FCF MarginFCF / Revenue
65.8%
-120.1%
Capex IntensityCapex / Revenue
0.0%
0.2%
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
VRDN
VRDN
Q3 25
$43.5M
$-84.6M
Q2 25
$-12.6M
Free Cash Flow
SLNO
SLNO
VRDN
VRDN
Q3 25
$43.5M
$-84.7M
Q2 25
$-12.6M
FCF Margin
SLNO
SLNO
VRDN
VRDN
Q3 25
65.8%
-120.1%
Q2 25
-38.6%
Capex Intensity
SLNO
SLNO
VRDN
VRDN
Q3 25
0.0%
0.2%
Q2 25
0.0%
Cash Conversion
SLNO
SLNO
VRDN
VRDN
Q3 25
1.67×
Q2 25

Financial Flow Comparison

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

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