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

SOLENO THERAPEUTICS INC is the larger business by last-quarter revenue ($66.0M vs $63.3M, roughly 1.0× WESTAMERICA BANCORPORATION). WESTAMERICA BANCORPORATION runs the higher net margin — 43.9% vs 39.4%, a 4.5% gap on every dollar of revenue. WESTAMERICA BANCORPORATION produced more free cash flow last quarter ($119.7M vs $43.5M).

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.

Westamerica Bancorporation is a regional bank holding company headquartered in California, U.S. It operates via its wholly owned banking subsidiary to provide full-spectrum retail and commercial banking services, including deposit products, business and consumer loans, wealth management, and payment services, primarily serving individual consumers, SMEs and local institutional clients in northern and central California.

SLNO vs WABC — Head-to-Head

Bigger by revenue
SLNO
SLNO
1.0× larger
SLNO
$66.0M
$63.3M
WABC
Higher net margin
WABC
WABC
4.5% more per $
WABC
43.9%
39.4%
SLNO
More free cash flow
WABC
WABC
$76.2M more FCF
WABC
$119.7M
$43.5M
SLNO

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SLNO
SLNO
WABC
WABC
Revenue
$66.0M
$63.3M
Net Profit
$26.0M
$27.8M
Gross Margin
98.3%
Operating Margin
33.5%
59.8%
Net Margin
39.4%
43.9%
Revenue YoY
-9.0%
Net Profit YoY
134.0%
-12.3%
EPS (diluted)
$0.47
$1.12

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
WABC
WABC
Q4 25
$63.3M
Q3 25
$66.0M
$63.7M
Q2 25
$32.7M
$64.6M
Q1 25
$66.4M
Q4 24
$69.6M
Q3 24
$74.1M
Q2 24
$74.3M
Q1 24
$75.8M
Net Profit
SLNO
SLNO
WABC
WABC
Q4 25
$27.8M
Q3 25
$26.0M
$28.3M
Q2 25
$-4.7M
$29.1M
Q1 25
$31.0M
Q4 24
$31.7M
Q3 24
$35.1M
Q2 24
$35.5M
Q1 24
$36.4M
Gross Margin
SLNO
SLNO
WABC
WABC
Q4 25
Q3 25
98.3%
Q2 25
97.9%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
SLNO
SLNO
WABC
WABC
Q4 25
59.8%
Q3 25
33.5%
59.5%
Q2 25
-20.0%
60.5%
Q1 25
63.0%
Q4 24
62.8%
Q3 24
64.5%
Q2 24
64.8%
Q1 24
65.2%
Net Margin
SLNO
SLNO
WABC
WABC
Q4 25
43.9%
Q3 25
39.4%
44.3%
Q2 25
-14.4%
45.0%
Q1 25
46.7%
Q4 24
45.6%
Q3 24
47.3%
Q2 24
47.8%
Q1 24
48.0%
EPS (diluted)
SLNO
SLNO
WABC
WABC
Q4 25
$1.12
Q3 25
$0.47
$1.12
Q2 25
$-0.09
$1.12
Q1 25
$1.16
Q4 24
$1.19
Q3 24
$1.31
Q2 24
$1.33
Q1 24
$1.37

Balance Sheet & Financial Strength

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

Metric
SLNO
SLNO
WABC
WABC
Cash + ST InvestmentsLiquidity on hand
$498.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$494.8M
$933.5M
Total Assets
$599.9M
$6.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLNO
SLNO
WABC
WABC
Q4 25
Q3 25
$498.9M
Q2 25
$286.8M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
SLNO
SLNO
WABC
WABC
Q4 25
$933.5M
Q3 25
$494.8M
$931.6M
Q2 25
$240.1M
$921.8M
Q1 25
$923.1M
Q4 24
$890.0M
Q3 24
$909.0M
Q2 24
$815.6M
Q1 24
$791.7M
Total Assets
SLNO
SLNO
WABC
WABC
Q4 25
$6.0B
Q3 25
$599.9M
$5.9B
Q2 25
$332.3M
$5.8B
Q1 25
$6.0B
Q4 24
$6.1B
Q3 24
$6.2B
Q2 24
$6.3B
Q1 24
$6.5B

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
WABC
WABC
Operating Cash FlowLast quarter
$43.5M
$121.9M
Free Cash FlowOCF − Capex
$43.5M
$119.7M
FCF MarginFCF / Revenue
65.8%
189.0%
Capex IntensityCapex / Revenue
0.0%
3.5%
Cash ConversionOCF / Net Profit
1.67×
4.38×
TTM Free Cash FlowTrailing 4 quarters
$213.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLNO
SLNO
WABC
WABC
Q4 25
$121.9M
Q3 25
$43.5M
$29.4M
Q2 25
$-12.6M
$23.5M
Q1 25
$42.4M
Q4 24
$141.6M
Q3 24
$40.6M
Q2 24
$19.0M
Q1 24
$52.2M
Free Cash Flow
SLNO
SLNO
WABC
WABC
Q4 25
$119.7M
Q3 25
$43.5M
$28.7M
Q2 25
$-12.6M
$22.8M
Q1 25
$42.2M
Q4 24
$139.8M
Q3 24
$40.1M
Q2 24
$18.6M
Q1 24
$52.1M
FCF Margin
SLNO
SLNO
WABC
WABC
Q4 25
189.0%
Q3 25
65.8%
45.1%
Q2 25
-38.6%
35.3%
Q1 25
63.5%
Q4 24
201.0%
Q3 24
54.1%
Q2 24
25.0%
Q1 24
68.7%
Capex Intensity
SLNO
SLNO
WABC
WABC
Q4 25
3.5%
Q3 25
0.0%
1.1%
Q2 25
0.0%
1.1%
Q1 25
0.3%
Q4 24
2.5%
Q3 24
0.7%
Q2 24
0.6%
Q1 24
0.2%
Cash Conversion
SLNO
SLNO
WABC
WABC
Q4 25
4.38×
Q3 25
1.67×
1.04×
Q2 25
0.81×
Q1 25
1.37×
Q4 24
4.47×
Q3 24
1.16×
Q2 24
0.54×
Q1 24
1.43×

Financial Flow Comparison

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

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