vs

Side-by-side financial comparison of Sonoma Pharmaceuticals, Inc. (SNOA) and Token Cat Ltd (TC). Click either name above to swap in a different company.

Sonoma Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($4.3M vs $2.8M, roughly 1.6× Token Cat Ltd). Token Cat Ltd runs the higher net margin — -3.4% vs -18.8%, a 15.5% gap on every dollar of revenue. On growth, Sonoma Pharmaceuticals, Inc. posted the faster year-over-year revenue change (22.0% vs -37.9%).

Sonoma Pharmaceuticals, Inc. is a specialty pharmaceutical firm focused on developing, manufacturing and selling dermatology and wound care products. It operates across North America, Europe and Asia, with offerings covering acne treatment, skin infection management, post-surgical wound recovery and chronic skin condition care for consumers and healthcare providers.

SNOA vs TC — Head-to-Head

Bigger by revenue
SNOA
SNOA
1.6× larger
SNOA
$4.3M
$2.8M
TC
Growing faster (revenue YoY)
SNOA
SNOA
+59.9% gap
SNOA
22.0%
-37.9%
TC
Higher net margin
TC
TC
15.5% more per $
TC
-3.4%
-18.8%
SNOA

Income Statement — Q3 FY2026 vs Q2 FY2025

Metric
SNOA
SNOA
TC
TC
Revenue
$4.3M
$2.8M
Net Profit
$-819.0K
$-93.0K
Gross Margin
37.9%
79.0%
Operating Margin
-15.6%
-206.9%
Net Margin
-18.8%
-3.4%
Revenue YoY
22.0%
-37.9%
Net Profit YoY
11.7%
98.3%
EPS (diluted)
$-0.48

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
SNOA
SNOA
TC
TC
Q4 25
$4.3M
Q3 25
$5.6M
Q2 25
$4.0M
$2.8M
Q1 25
$3.8M
Q4 24
$3.6M
Q3 24
$3.6M
Q2 24
$3.4M
$4.4M
Q1 24
$3.4M
Net Profit
SNOA
SNOA
TC
TC
Q4 25
$-819.0K
Q3 25
$-534.0K
Q2 25
$-1.2M
$-93.0K
Q1 25
$-776.0K
Q4 24
$-928.0K
Q3 24
$-610.0K
Q2 24
$-1.1M
$-5.6M
Q1 24
$-1.1M
Gross Margin
SNOA
SNOA
TC
TC
Q4 25
37.9%
Q3 25
37.8%
Q2 25
36.5%
79.0%
Q1 25
40.7%
Q4 24
35.6%
Q3 24
38.0%
Q2 24
38.5%
69.2%
Q1 24
31.7%
Operating Margin
SNOA
SNOA
TC
TC
Q4 25
-15.6%
Q3 25
-6.0%
Q2 25
-27.3%
-206.9%
Q1 25
-17.5%
Q4 24
-28.9%
Q3 24
-23.7%
Q2 24
-34.6%
-146.9%
Q1 24
-41.0%
Net Margin
SNOA
SNOA
TC
TC
Q4 25
-18.8%
Q3 25
-9.5%
Q2 25
-30.9%
-3.4%
Q1 25
-20.7%
Q4 24
-26.0%
Q3 24
-17.0%
Q2 24
-33.7%
-125.9%
Q1 24
-31.0%
EPS (diluted)
SNOA
SNOA
TC
TC
Q4 25
$-0.48
Q3 25
$-0.32
Q2 25
$-0.76
Q1 25
$-0.23
Q4 24
$-0.63
Q3 24
$-0.59
Q2 24
$-1.34
Q1 24
$-3.00

Balance Sheet & Financial Strength

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

Metric
SNOA
SNOA
TC
TC
Cash + ST InvestmentsLiquidity on hand
$2.6M
$150.0K
Total DebtLower is stronger
$1.4M
Stockholders' EquityBook value
$3.4M
$4.6M
Total Assets
$13.6M
$28.4M
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNOA
SNOA
TC
TC
Q4 25
$2.6M
Q3 25
$3.0M
Q2 25
$3.6M
$150.0K
Q1 25
$5.4M
Q4 24
$5.2M
Q3 24
$4.1M
Q2 24
$2.6M
$689.0K
Q1 24
$3.1M
Total Debt
SNOA
SNOA
TC
TC
Q4 25
Q3 25
Q2 25
$1.4M
Q1 25
Q4 24
Q3 24
Q2 24
$1.8M
Q1 24
Stockholders' Equity
SNOA
SNOA
TC
TC
Q4 25
$3.4M
Q3 25
$3.8M
Q2 25
$4.1M
$4.6M
Q1 25
$4.4M
Q4 24
$4.9M
Q3 24
$5.4M
Q2 24
$5.0M
$-787.0K
Q1 24
$6.1M
Total Assets
SNOA
SNOA
TC
TC
Q4 25
$13.6M
Q3 25
$13.9M
Q2 25
$14.6M
$28.4M
Q1 25
$13.7M
Q4 24
$13.7M
Q3 24
$13.7M
Q2 24
$13.7M
$12.5M
Q1 24
$14.7M
Debt / Equity
SNOA
SNOA
TC
TC
Q4 25
Q3 25
Q2 25
0.30×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
SNOA
SNOA
TC
TC
Operating Cash FlowLast quarter
$-764.0K
$-23.7M
Free Cash FlowOCF − Capex
$-811.0K
FCF MarginFCF / Revenue
-18.6%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-3.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SNOA
SNOA
TC
TC
Q4 25
$-764.0K
Q3 25
$-635.0K
Q2 25
$-2.0M
$-23.7M
Q1 25
$-95.0K
Q4 24
$565.0K
Q3 24
$354.0K
Q2 24
$-912.0K
$-1.5M
Q1 24
$152.0K
Free Cash Flow
SNOA
SNOA
TC
TC
Q4 25
$-811.0K
Q3 25
$-645.0K
Q2 25
$-2.1M
Q1 25
$-142.0K
Q4 24
$563.0K
Q3 24
$328.0K
Q2 24
$-917.0K
$-1.5M
Q1 24
$134.0K
FCF Margin
SNOA
SNOA
TC
TC
Q4 25
-18.6%
Q3 25
-11.5%
Q2 25
-52.8%
Q1 25
-3.8%
Q4 24
15.8%
Q3 24
9.2%
Q2 24
-27.0%
-34.4%
Q1 24
3.9%
Capex Intensity
SNOA
SNOA
TC
TC
Q4 25
1.1%
Q3 25
0.2%
Q2 25
2.6%
Q1 25
1.3%
Q4 24
0.1%
Q3 24
0.7%
Q2 24
0.1%
0.0%
Q1 24
0.5%

Financial Flow Comparison

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

Revenue Breakdown by Segment

SNOA
SNOA

Products$3.9M89%
Other$486.0K11%

TC
TC

Segment breakdown not available.

Related Comparisons