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Side-by-side financial comparison of DNA X, Inc. (SONM) and Zeo Energy Corp. (ZEO). Click either name above to swap in a different company.
Zeo Energy Corp. is the larger business by last-quarter revenue ($18.6M vs $16.2M, roughly 1.1× DNA X, Inc.). Zeo Energy Corp. runs the higher net margin — -10.8% vs -29.3%, a 18.5% gap on every dollar of revenue. On growth, DNA X, Inc. posted the faster year-over-year revenue change (7.9% vs -0.4%). Over the past eight quarters, DNA X, Inc.'s revenue compounded faster (9.9% CAGR vs -4.0%).
SONM vs ZEO — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $16.2M | $18.6M |
| Net Profit | $-4.8M | $-2.0M |
| Gross Margin | 11.2% | — |
| Operating Margin | -24.5% | -11.8% |
| Net Margin | -29.3% | -10.8% |
| Revenue YoY | 7.9% | -0.4% |
| Net Profit YoY | -89.2% | -360.9% |
| EPS (diluted) | $-4.83 | — |
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.
| Q4 25 | — | $18.6M | ||
| Q3 25 | $16.2M | $23.9M | ||
| Q2 25 | $11.2M | $18.1M | ||
| Q1 25 | $16.7M | $8.8M | ||
| Q4 24 | $15.3M | $18.6M | ||
| Q3 24 | $15.0M | $19.7M | ||
| Q2 24 | $11.5M | $14.8M | ||
| Q1 24 | $9.1M | $20.1M |
| Q4 25 | — | $-2.0M | ||
| Q3 25 | $-4.8M | $-3.2M | ||
| Q2 25 | $-7.5M | $-2.4M | ||
| Q1 25 | $458.0K | $-6.4M | ||
| Q4 24 | $-21.6M | $-435.3K | ||
| Q3 24 | $-2.5M | $-424.3K | ||
| Q2 24 | $-6.6M | $-277.8K | ||
| Q1 24 | $-2.9M | $-1.5M |
| Q4 25 | — | — | ||
| Q3 25 | 11.2% | 57.9% | ||
| Q2 25 | 7.6% | 59.8% | ||
| Q1 25 | 50.0% | 99.3% | ||
| Q4 24 | -1.2% | — | ||
| Q3 24 | 28.2% | 50.2% | ||
| Q2 24 | 25.8% | 52.3% | ||
| Q1 24 | 31.8% | — |
| Q4 25 | — | -11.8% | ||
| Q3 25 | -24.5% | -8.3% | ||
| Q2 25 | -60.2% | -15.8% | ||
| Q1 25 | 3.9% | -153.8% | ||
| Q4 24 | 55.3% | -6.0% | ||
| Q3 24 | -15.8% | -15.2% | ||
| Q2 24 | -56.2% | -18.0% | ||
| Q1 24 | -29.5% | -20.1% |
| Q4 25 | — | -10.8% | ||
| Q3 25 | -29.3% | -13.5% | ||
| Q2 25 | -66.8% | -13.3% | ||
| Q1 25 | 2.7% | -72.4% | ||
| Q4 24 | -141.6% | -2.3% | ||
| Q3 24 | -16.7% | -2.2% | ||
| Q2 24 | -57.5% | -1.9% | ||
| Q1 24 | -31.9% | -7.6% |
| Q4 25 | — | — | ||
| Q3 25 | $-4.83 | — | ||
| Q2 25 | $-0.79 | — | ||
| Q1 25 | $0.08 | $-0.48 | ||
| Q4 24 | $-116.99 | $1.11 | ||
| Q3 24 | $-9.32 | $-0.08 | ||
| Q2 24 | $-1.41 | $0.03 | ||
| Q1 24 | $-0.65 | $-1.54 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.1M | $6.1M |
| Total DebtLower is stronger | $5.1M | $79.1K |
| Stockholders' EquityBook value | $-701.0K | $5.3M |
| Total Assets | $40.2M | $56.9M |
| Debt / EquityLower = less leverage | — | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $6.1M | ||
| Q3 25 | $2.1M | $3.9M | ||
| Q2 25 | $2.0M | $68.7K | ||
| Q1 25 | $2.1M | $2.9M | ||
| Q4 24 | $5.3M | $5.6M | ||
| Q3 24 | $9.1M | $4.3M | ||
| Q2 24 | $9.6M | $5.3M | ||
| Q1 24 | $9.3M | — |
| Q4 25 | — | $79.1K | ||
| Q3 25 | $5.1M | $84.6K | ||
| Q2 25 | $2.9M | $642.8K | ||
| Q1 25 | $2.8M | $715.4K | ||
| Q4 24 | — | $787.7K | ||
| Q3 24 | — | $858.6K | ||
| Q2 24 | — | $1.6M | ||
| Q1 24 | — | $748.8K |
| Q4 25 | — | $5.3M | ||
| Q3 25 | $-701.0K | $-1.7M | ||
| Q2 25 | $-1.3M | $-59.4M | ||
| Q1 25 | $-1.1M | $-23.1M | ||
| Q4 24 | $-5.7M | $-88.9M | ||
| Q3 24 | $15.3M | $-39.3M | ||
| Q2 24 | $17.5M | $-53.0M | ||
| Q1 24 | $19.8M | $-173.0M |
| Q4 25 | — | $56.9M | ||
| Q3 25 | $40.2M | $58.5M | ||
| Q2 25 | $36.1M | $46.2M | ||
| Q1 25 | $36.0M | $47.4M | ||
| Q4 24 | $39.7M | $61.0M | ||
| Q3 24 | $49.1M | $47.1M | ||
| Q2 24 | $45.9M | $49.1M | ||
| Q1 24 | $42.4M | $50.1M |
| Q4 25 | — | 0.01× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-7.0M | $2.4M |
| Free Cash FlowOCF − Capex | — | $2.3M |
| FCF MarginFCF / Revenue | — | 12.2% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-9.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $2.4M | ||
| Q3 25 | $-7.0M | $-6.6M | ||
| Q2 25 | $-4.9M | $-2.3M | ||
| Q1 25 | $-9.6M | $-2.3M | ||
| Q4 24 | $-4.5M | $3.5M | ||
| Q3 24 | $-417.0K | $162.2K | ||
| Q2 24 | $-3.4M | $-2.2M | ||
| Q1 24 | $-168.0K | $-10.2M |
| Q4 25 | — | $2.3M | ||
| Q3 25 | — | $-6.8M | ||
| Q2 25 | — | $-2.7M | ||
| Q1 25 | — | $-2.6M | ||
| Q4 24 | $-4.5M | $3.4M | ||
| Q3 24 | $-554.0K | $116.5K | ||
| Q2 24 | $-3.4M | $-2.3M | ||
| Q1 24 | $-198.0K | $-10.4M |
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | -28.6% | ||
| Q2 25 | — | -15.0% | ||
| Q1 25 | — | -30.0% | ||
| Q4 24 | -29.6% | 18.2% | ||
| Q3 24 | -3.7% | 0.6% | ||
| Q2 24 | -29.8% | -15.6% | ||
| Q1 24 | -2.2% | -51.5% |
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | 0.1% | 0.5% | ||
| Q3 24 | 0.9% | 0.2% | ||
| Q2 24 | 0.3% | 0.7% | ||
| Q1 24 | 0.3% | 1.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -20.97× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SONM
Segment breakdown not available.
ZEO
| Nonrelated Party | $18.1M | 98% |
| Related Party | $432.1K | 2% |
