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Side-by-side financial comparison of Spero Therapeutics, Inc. (SPRO) and Village Farms International, Inc. (VFF). Click either name above to swap in a different company.

Spero Therapeutics, Inc. is the larger business by last-quarter revenue ($12.6M vs $12.2M, roughly 1.0× Village Farms International, Inc.). Spero Therapeutics, Inc. runs the higher net margin — 250.7% vs 19.9%, a 230.8% gap on every dollar of revenue. On growth, Spero Therapeutics, Inc. posted the faster year-over-year revenue change (24080.8% vs 31.5%).

Grafton Village Cheese Company is a cheesemaker in the town of Grafton in the U.S. state of Vermont. The company produces hand-crafted aged cheddar cheese.

SPRO vs VFF — Head-to-Head

Bigger by revenue
SPRO
SPRO
1.0× larger
SPRO
$12.6M
$12.2M
VFF
Growing faster (revenue YoY)
SPRO
SPRO
+24049.3% gap
SPRO
24080.8%
31.5%
VFF
Higher net margin
SPRO
SPRO
230.8% more per $
SPRO
250.7%
19.9%
VFF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SPRO
SPRO
VFF
VFF
Revenue
$12.6M
$12.2M
Net Profit
$31.5M
$2.4M
Gross Margin
Operating Margin
Net Margin
250.7%
19.9%
Revenue YoY
24080.8%
31.5%
Net Profit YoY
250.9%
128.2%
EPS (diluted)
$0.56
$0.01

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
SPRO
SPRO
VFF
VFF
Q4 25
$12.6M
$12.2M
Q3 25
$0
$66.7M
Q2 25
$0
$59.9M
Q1 25
$12.0K
$77.1M
Q4 24
$52.0K
Q3 24
$65.0K
$54.9M
Q2 24
$114.0K
$53.6M
Q1 24
$140.0K
$78.1M
Net Profit
SPRO
SPRO
VFF
VFF
Q4 25
$31.5M
$2.4M
Q3 25
$-7.4M
$10.2M
Q2 25
$-1.7M
$26.5M
Q1 25
$-13.9M
$-6.7M
Q4 24
Q3 24
$-17.1M
$-820.0K
Q2 24
$-17.9M
$-23.5M
Q1 24
$-12.7M
$-2.9M
Gross Margin
SPRO
SPRO
VFF
VFF
Q4 25
Q3 25
47.9%
Q2 25
37.3%
Q1 25
14.7%
Q4 24
Q3 24
24.8%
Q2 24
25.4%
Q1 24
19.9%
Operating Margin
SPRO
SPRO
VFF
VFF
Q4 25
Q3 25
23.3%
Q2 25
20.8%
Q1 25
-122758.3%
-8.0%
Q4 24
Q3 24
-28604.6%
3.8%
Q2 24
-16720.2%
-43.5%
Q1 24
-9987.1%
-3.0%
Net Margin
SPRO
SPRO
VFF
VFF
Q4 25
250.7%
19.9%
Q3 25
15.3%
Q2 25
44.2%
Q1 25
-115550.0%
-8.7%
Q4 24
Q3 24
-26380.0%
-1.5%
Q2 24
-15668.4%
-43.9%
Q1 24
-9049.3%
-3.7%
EPS (diluted)
SPRO
SPRO
VFF
VFF
Q4 25
$0.56
$0.01
Q3 25
$-0.13
$0.08
Q2 25
$-0.03
$0.24
Q1 25
$-0.25
$-0.06
Q4 24
Q3 24
$-0.32
$-0.01
Q2 24
$-0.33
$-0.21
Q1 24
$-0.24
$-0.03

Balance Sheet & Financial Strength

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

Metric
SPRO
SPRO
VFF
VFF
Cash + ST InvestmentsLiquidity on hand
$40.3M
$81.2M
Total DebtLower is stronger
$33.7M
Stockholders' EquityBook value
$59.0M
$299.9M
Total Assets
$68.9M
$423.1M
Debt / EquityLower = less leverage
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPRO
SPRO
VFF
VFF
Q4 25
$40.3M
$81.2M
Q3 25
$48.6M
$82.6M
Q2 25
$31.2M
$60.0M
Q1 25
$48.9M
$15.1M
Q4 24
$52.9M
Q3 24
$76.3M
$28.7M
Q2 24
$63.5M
$29.7M
Q1 24
$82.3M
$26.7M
Total Debt
SPRO
SPRO
VFF
VFF
Q4 25
$33.7M
Q3 25
$34.6M
Q2 25
$39.1M
Q1 25
$39.2M
Q4 24
Q3 24
$43.3M
Q2 24
$44.4M
Q1 24
$46.1M
Stockholders' Equity
SPRO
SPRO
VFF
VFF
Q4 25
$59.0M
$299.9M
Q3 25
$26.5M
$295.4M
Q2 25
$32.8M
$284.3M
Q1 25
$33.8M
$248.3M
Q4 24
$46.1M
Q3 24
$65.5M
$274.4M
Q2 24
$80.5M
$275.2M
Q1 24
$96.2M
$296.2M
Total Assets
SPRO
SPRO
VFF
VFF
Q4 25
$68.9M
$423.1M
Q3 25
$54.2M
$418.4M
Q2 25
$62.1M
$403.7M
Q1 25
$77.7M
$377.1M
Q4 24
$110.5M
Q3 24
$135.2M
$417.8M
Q2 24
$149.9M
$425.4M
Q1 24
$167.7M
$458.4M
Debt / Equity
SPRO
SPRO
VFF
VFF
Q4 25
0.11×
Q3 25
0.12×
Q2 25
0.14×
Q1 25
0.16×
Q4 24
Q3 24
0.16×
Q2 24
0.16×
Q1 24
0.16×

Cash Flow & Capital Efficiency

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

Metric
SPRO
SPRO
VFF
VFF
Operating Cash FlowLast quarter
$-8.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
90.8%
Cash ConversionOCF / Net Profit
-0.26×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SPRO
SPRO
VFF
VFF
Q4 25
$-8.4M
Q3 25
$17.4M
$24.4M
Q2 25
$-17.7M
Q1 25
$-4.0M
$-6.4M
Q4 24
$-23.4M
Q3 24
$12.8M
$4.3M
Q2 24
$-18.7M
$5.7M
Q1 24
$5.9M
$-50.0K
Free Cash Flow
SPRO
SPRO
VFF
VFF
Q4 25
Q3 25
$22.6M
Q2 25
Q1 25
$-8.9M
Q4 24
Q3 24
$1.5M
Q2 24
$4.8M
Q1 24
$-1.9M
FCF Margin
SPRO
SPRO
VFF
VFF
Q4 25
Q3 25
33.9%
Q2 25
Q1 25
-11.6%
Q4 24
Q3 24
2.7%
Q2 24
9.0%
Q1 24
-2.5%
Capex Intensity
SPRO
SPRO
VFF
VFF
Q4 25
90.8%
Q3 25
2.7%
Q2 25
4.6%
Q1 25
3.3%
Q4 24
Q3 24
5.1%
Q2 24
1.6%
Q1 24
2.4%
Cash Conversion
SPRO
SPRO
VFF
VFF
Q4 25
-0.26×
Q3 25
2.39×
Q2 25
Q1 25
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

SPRO
SPRO

Segment breakdown not available.

VFF
VFF

International Sales$8.7M71%
Cannabis United States Segment$3.4M27%

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