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

Upstream Bio, Inc. is the larger business by last-quarter revenue ($668.0K vs $631.0K, roughly 1.1× ScanTech AI Systems Inc.). ScanTech AI Systems Inc. runs the higher net margin — -1532.9% vs -6356.1%, a 4823.2% gap on every dollar of revenue.

TCI Co., Ltd. is a Taiwanese contract development and manufacturing organization (CDMO) specialising in the research, development and production of functional beverages, dietary supplements and skincare products. Headquartered in the Neihu Technology Park in Taipei, TCI evolved from an original trading company founded in 1980 into a CDMO group serving clients across Asia, Europe and North America, and is publicly traded on Taiwan's over-the-counter market under the code 8436.

STAI vs UPB — Head-to-Head

Bigger by revenue
UPB
UPB
1.1× larger
UPB
$668.0K
$631.0K
STAI
Higher net margin
STAI
STAI
4823.2% more per $
STAI
-1532.9%
-6356.1%
UPB

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
STAI
STAI
UPB
UPB
Revenue
$631.0K
$668.0K
Net Profit
$-9.7M
$-42.5M
Gross Margin
27.6%
Operating Margin
-773.2%
-6911.2%
Net Margin
-1532.9%
-6356.1%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.16
$-0.78

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
UPB
UPB
Q4 25
$668.0K
Q3 25
$631.0K
$683.0K
Q2 25
$884.0K
$937.0K
Q1 25
$346.1K
$566.0K
Q3 24
$607.0K
Net Profit
STAI
STAI
UPB
UPB
Q4 25
$-42.5M
Q3 25
$-9.7M
$-33.7M
Q2 25
$-6.9M
$-40.0M
Q1 25
$-17.9M
$-27.3M
Q3 24
$-16.0M
Gross Margin
STAI
STAI
UPB
UPB
Q4 25
Q3 25
27.6%
Q2 25
14.3%
Q1 25
29.4%
Q3 24
Operating Margin
STAI
STAI
UPB
UPB
Q4 25
-6911.2%
Q3 25
-773.2%
-5539.4%
Q2 25
-440.1%
-4732.9%
Q1 25
-4503.9%
-5656.0%
Q3 24
-3112.5%
Net Margin
STAI
STAI
UPB
UPB
Q4 25
-6356.1%
Q3 25
-1532.9%
-4941.1%
Q2 25
-785.1%
-4265.3%
Q1 25
-5174.2%
-4818.0%
Q3 24
-2634.6%
EPS (diluted)
STAI
STAI
UPB
UPB
Q4 25
$-0.78
Q3 25
$-0.16
$-0.63
Q2 25
$-0.16
$-0.74
Q1 25
$-0.77
$-0.51
Q3 24
$-6.96

Balance Sheet & Financial Strength

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

Metric
STAI
STAI
UPB
UPB
Cash + ST InvestmentsLiquidity on hand
$341.5M
Total DebtLower is stronger
$17.7M
Stockholders' EquityBook value
$339.8M
Total Assets
$5.1M
$353.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STAI
STAI
UPB
UPB
Q4 25
$341.5M
Q3 25
$372.4M
Q2 25
$393.6M
Q1 25
$431.4M
Q3 24
$220.7M
Total Debt
STAI
STAI
UPB
UPB
Q4 25
Q3 25
$17.7M
Q2 25
$17.7M
Q1 25
$17.7M
Q3 24
Stockholders' Equity
STAI
STAI
UPB
UPB
Q4 25
$339.8M
Q3 25
$378.6M
Q2 25
$408.7M
Q1 25
$445.6M
Q3 24
$-160.3M
Total Assets
STAI
STAI
UPB
UPB
Q4 25
$353.8M
Q3 25
$5.1M
$391.2M
Q2 25
$4.6M
$420.5M
Q1 25
$5.1M
$456.2M
Q3 24
$232.7M

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
UPB
UPB
Operating Cash FlowLast quarter
$-758.5K
$-30.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STAI
STAI
UPB
UPB
Q4 25
$-30.6M
Q3 25
$-758.5K
$-22.2M
Q2 25
$-1.5M
$-39.2M
Q1 25
$-2.2M
$-41.2M
Q3 24
Free Cash Flow
STAI
STAI
UPB
UPB
Q4 25
Q3 25
$-22.3M
Q2 25
$-1.5M
Q1 25
$-2.2M
Q3 24
FCF Margin
STAI
STAI
UPB
UPB
Q4 25
Q3 25
-3265.6%
Q2 25
-166.0%
Q1 25
-623.8%
Q3 24
Capex Intensity
STAI
STAI
UPB
UPB
Q4 25
Q3 25
0.0%
9.4%
Q2 25
1.0%
Q1 25
2.0%
Q3 24

Financial Flow Comparison

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

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