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Side-by-side financial comparison of STEM, INC. (STEM) and Veris Residential, Inc. (VRE). Click either name above to swap in a different company.

Veris Residential, Inc. is the larger business by last-quarter revenue ($70.1M vs $47.1M, roughly 1.5× STEM, INC.). Veris Residential, Inc. runs the higher net margin — -20.0% vs -33.9%, a 13.9% gap on every dollar of revenue. On growth, Veris Residential, Inc. posted the faster year-over-year revenue change (3.5% vs -15.6%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% CAGR vs 1.9%).

StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.

Veris Residential, Inc. is an American real estate investment trust headquartered in Jersey City, New Jersey, investing primarily in apartments in New Jersey and Boston.

STEM vs VRE — Head-to-Head

Bigger by revenue
VRE
VRE
1.5× larger
VRE
$70.1M
$47.1M
STEM
Growing faster (revenue YoY)
VRE
VRE
+19.0% gap
VRE
3.5%
-15.6%
STEM
Higher net margin
VRE
VRE
13.9% more per $
VRE
-20.0%
-33.9%
STEM
Faster 2-yr revenue CAGR
STEM
STEM
Annualised
STEM
36.1%
1.9%
VRE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
STEM
STEM
VRE
VRE
Revenue
$47.1M
$70.1M
Net Profit
$-16.0M
$-14.0M
Gross Margin
48.9%
95.9%
Operating Margin
-17.7%
-22.2%
Net Margin
-33.9%
-20.0%
Revenue YoY
-15.6%
3.5%
Net Profit YoY
68.8%
-30.9%
EPS (diluted)
$-4.40
$-0.15

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
STEM
STEM
VRE
VRE
Q1 26
$70.1M
Q4 25
$47.1M
$71.3M
Q3 25
$38.2M
$73.4M
Q2 25
$38.4M
$75.9M
Q1 25
$32.5M
$67.8M
Q4 24
$55.8M
$68.1M
Q3 24
$29.3M
$68.2M
Q2 24
$34.0M
$67.5M
Net Profit
STEM
STEM
VRE
VRE
Q1 26
$-14.0M
Q4 25
$-16.0M
$-203.0K
Q3 25
$-23.8M
$75.2M
Q2 25
$202.5M
$10.9M
Q1 25
$-25.0M
$-10.7M
Q4 24
$-51.1M
$-12.4M
Q3 24
$-148.3M
$-9.7M
Q2 24
$-582.3M
$2.9M
Gross Margin
STEM
STEM
VRE
VRE
Q1 26
95.9%
Q4 25
48.9%
97.2%
Q3 25
35.5%
96.8%
Q2 25
33.4%
97.2%
Q1 25
32.4%
95.9%
Q4 24
-4.4%
97.1%
Q3 24
21.2%
96.9%
Q2 24
27.6%
97.3%
Operating Margin
STEM
STEM
VRE
VRE
Q1 26
-22.2%
Q4 25
-17.7%
-0.9%
Q3 25
-33.6%
Q2 25
-34.8%
15.8%
Q1 25
-65.0%
-20.4%
Q4 24
-84.4%
-21.9%
Q3 24
-493.2%
-16.2%
Q2 24
-1705.5%
2.2%
Net Margin
STEM
STEM
VRE
VRE
Q1 26
-20.0%
Q4 25
-33.9%
-0.3%
Q3 25
-62.2%
102.4%
Q2 25
527.8%
14.4%
Q1 25
-76.9%
-15.8%
Q4 24
-91.6%
-18.3%
Q3 24
-506.3%
-14.2%
Q2 24
-1712.6%
4.3%
EPS (diluted)
STEM
STEM
VRE
VRE
Q1 26
$-0.15
Q4 25
$-4.40
$0.00
Q3 25
$-2.84
$0.80
Q2 25
$-1.79
$0.12
Q1 25
$-0.15
$-0.12
Q4 24
$-15.29
$-0.14
Q3 24
$-18.24
$-0.10
Q2 24
$-71.81
$0.03

Balance Sheet & Financial Strength

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

Metric
STEM
STEM
VRE
VRE
Cash + ST InvestmentsLiquidity on hand
$48.9M
$9.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$-249.4M
$1.1B
Total Assets
$308.9M
$2.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STEM
STEM
VRE
VRE
Q1 26
$9.4M
Q4 25
$48.9M
$14.1M
Q3 25
$43.1M
$8.8M
Q2 25
$40.8M
$11.4M
Q1 25
$58.6M
$7.6M
Q4 24
$56.3M
$7.3M
Q3 24
$75.4M
$12.8M
Q2 24
$89.6M
$18.4M
Total Debt
STEM
STEM
VRE
VRE
Q1 26
Q4 25
$1.4B
Q3 25
Q2 25
Q1 25
Q4 24
$1.7B
Q3 24
Q2 24
Stockholders' Equity
STEM
STEM
VRE
VRE
Q1 26
$1.1B
Q4 25
$-249.4M
$1.2B
Q3 25
$-235.7M
$1.2B
Q2 25
$-214.1M
$1.1B
Q1 25
$-417.5M
$1.1B
Q4 24
$-398.4M
$1.1B
Q3 24
$-344.1M
$1.1B
Q2 24
$-203.2M
$1.1B
Total Assets
STEM
STEM
VRE
VRE
Q1 26
$2.7B
Q4 25
$308.9M
$2.7B
Q3 25
$362.6M
$2.8B
Q2 25
$379.2M
$3.1B
Q1 25
$405.1M
$3.0B
Q4 24
$437.4M
$3.0B
Q3 24
$537.8M
$3.0B
Q2 24
$691.5M
$3.0B
Debt / Equity
STEM
STEM
VRE
VRE
Q1 26
Q4 25
1.18×
Q3 25
Q2 25
Q1 25
Q4 24
1.52×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
STEM
STEM
VRE
VRE
Operating Cash FlowLast quarter
$8.2M
$14.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STEM
STEM
VRE
VRE
Q1 26
$14.0M
Q4 25
$8.2M
$76.0M
Q3 25
$11.4M
$13.5M
Q2 25
$-21.3M
$23.8M
Q1 25
$8.5M
$13.2M
Q4 24
$-14.7M
$52.3M
Q3 24
$-9.4M
$13.9M
Q2 24
$-11.9M
$10.8M
Cash Conversion
STEM
STEM
VRE
VRE
Q1 26
Q4 25
Q3 25
0.18×
Q2 25
-0.11×
2.18×
Q1 25
Q4 24
Q3 24
Q2 24
3.71×

Financial Flow Comparison

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

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