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Side-by-side financial comparison of ScanTech AI Systems Inc. (STAI) and Shattuck Labs, Inc. (STTK). Click either name above to swap in a different company.

Shattuck Labs, Inc. is the larger business by last-quarter revenue ($1.0M vs $631.0K, roughly 1.6× ScanTech AI Systems Inc.). Shattuck Labs, Inc. runs the higher net margin — -1005.6% vs -1532.9%, a 527.3% gap on every dollar of revenue.

Shattuck Labs, Inc. is a clinical-stage biotechnology company focused on developing innovative immunotherapies for cancer and autoimmune diseases. It uses its proprietary Agonist Redirected Checkpoint platform to develop bifunctional fusion proteins, with multiple oncology product candidates in active clinical development stages.

STAI vs STTK — Head-to-Head

Bigger by revenue
STTK
STTK
1.6× larger
STTK
$1.0M
$631.0K
STAI
Higher net margin
STTK
STTK
527.3% more per $
STTK
-1005.6%
-1532.9%
STAI

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
STAI
STAI
STTK
STTK
Revenue
$631.0K
$1.0M
Net Profit
$-9.7M
$-10.1M
Gross Margin
27.6%
Operating Margin
-773.2%
-1071.6%
Net Margin
-1532.9%
-1005.6%
Revenue YoY
-66.6%
Net Profit YoY
39.7%
EPS (diluted)
$-0.16
$-0.14

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
STAI
STAI
STTK
STTK
Q3 25
$631.0K
$1.0M
Q2 25
$884.0K
$0
Q1 25
$346.1K
$0
Q3 24
$3.0M
Q2 24
$1.6M
Q1 24
$1.1M
Q4 23
$714.0K
Q3 23
$686.0K
Net Profit
STAI
STAI
STTK
STTK
Q3 25
$-9.7M
$-10.1M
Q2 25
$-6.9M
$-12.5M
Q1 25
$-17.9M
$-13.7M
Q3 24
$-16.7M
Q2 24
$-21.6M
Q1 24
$-18.5M
Q4 23
$-17.7M
Q3 23
$-27.5M
Gross Margin
STAI
STAI
STTK
STTK
Q3 25
27.6%
Q2 25
14.3%
Q1 25
29.4%
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23
Operating Margin
STAI
STAI
STTK
STTK
Q3 25
-773.2%
-1071.6%
Q2 25
-440.1%
Q1 25
-4503.9%
Q3 24
-597.9%
Q2 24
-1427.1%
Q1 24
-1797.7%
Q4 23
-2654.2%
Q3 23
-4168.8%
Net Margin
STAI
STAI
STTK
STTK
Q3 25
-1532.9%
-1005.6%
Q2 25
-785.1%
Q1 25
-5174.2%
Q3 24
-556.4%
Q2 24
-1339.5%
Q1 24
-1659.6%
Q4 23
-2477.2%
Q3 23
-4014.7%
EPS (diluted)
STAI
STAI
STTK
STTK
Q3 25
$-0.16
$-0.14
Q2 25
$-0.16
$-0.24
Q1 25
$-0.77
$-0.27
Q3 24
$-0.33
Q2 24
$-0.42
Q1 24
$-0.37
Q4 23
$-0.41
Q3 23
$-0.65

Balance Sheet & Financial Strength

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

Metric
STAI
STAI
STTK
STTK
Cash + ST InvestmentsLiquidity on hand
$42.5M
Total DebtLower is stronger
$17.7M
Stockholders' EquityBook value
$93.2M
Total Assets
$5.1M
$100.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STAI
STAI
STTK
STTK
Q3 25
$42.5M
Q2 25
$50.5M
Q1 25
$60.9M
Q3 24
$43.8M
Q2 24
$60.7M
Q1 24
$76.0M
Q4 23
$125.6M
Q3 23
$40.6M
Total Debt
STAI
STAI
STTK
STTK
Q3 25
$17.7M
Q2 25
$17.7M
Q1 25
$17.7M
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23
Stockholders' Equity
STAI
STAI
STTK
STTK
Q3 25
$93.2M
Q2 25
$57.0M
Q1 25
$67.6M
Q3 24
$96.6M
Q2 24
$110.6M
Q1 24
$128.8M
Q4 23
$144.7M
Q3 23
$112.8M
Total Assets
STAI
STAI
STTK
STTK
Q3 25
$5.1M
$100.3M
Q2 25
$4.6M
$64.4M
Q1 25
$5.1M
$77.2M
Q3 24
$111.7M
Q2 24
$128.6M
Q1 24
$146.3M
Q4 23
$159.6M
Q3 23
$130.5M

Cash Flow & Capital Efficiency

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

Metric
STAI
STAI
STTK
STTK
Operating Cash FlowLast quarter
$-758.5K
$-8.9M
Free Cash FlowOCF − Capex
$-9.0M
FCF MarginFCF / Revenue
-900.0%
Capex IntensityCapex / Revenue
0.0%
7.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STAI
STAI
STTK
STTK
Q3 25
$-758.5K
$-8.9M
Q2 25
$-1.5M
$-10.4M
Q1 25
$-2.2M
$-12.0M
Q3 24
$-16.1M
Q2 24
$-10.9M
Q1 24
$-16.2M
Q4 23
$-19.4M
Q3 23
$-16.7M
Free Cash Flow
STAI
STAI
STTK
STTK
Q3 25
$-9.0M
Q2 25
$-1.5M
Q1 25
$-2.2M
Q3 24
$-16.1M
Q2 24
$-10.9M
Q1 24
Q4 23
$-19.4M
Q3 23
$-16.8M
FCF Margin
STAI
STAI
STTK
STTK
Q3 25
-900.0%
Q2 25
-166.0%
Q1 25
-623.8%
Q3 24
-537.5%
Q2 24
-679.6%
Q1 24
Q4 23
-2722.1%
Q3 23
-2441.8%
Capex Intensity
STAI
STAI
STTK
STTK
Q3 25
0.0%
7.1%
Q2 25
1.0%
Q1 25
2.0%
Q3 24
1.4%
Q2 24
1.1%
Q1 24
0.0%
Q4 23
2.4%
Q3 23
2.8%

Financial Flow Comparison

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

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