vs

Side-by-side financial comparison of Entrada Therapeutics, Inc. (TRDA) and Usio, Inc. (USIO). Click either name above to swap in a different company.

Usio, Inc. is the larger business by last-quarter revenue ($22.2M vs $20.6M, roughly 1.1× Entrada Therapeutics, Inc.). Usio, Inc. runs the higher net margin — -6.7% vs -84.4%, a 77.7% gap on every dollar of revenue. On growth, Usio, Inc. posted the faster year-over-year revenue change (8.2% vs -65.2%). Usio, Inc. produced more free cash flow last quarter ($1.1M vs $-39.7M). Over the past eight quarters, Entrada Therapeutics, Inc.'s revenue compounded faster (6.4% CAGR vs 3.0%).

Entrada Therapeutics is a clinical-stage biotechnology firm developing transformative intracellular therapies for serious rare diseases and high-unmet-need disorders. Its pipeline covers neuromuscular, metabolic, and central nervous system segments, serving global patients via healthcare partnerships.

Usio, Inc. is an American financial technology company headquartered in San Antonio, Texas. It provides integrated electronic payment services, including ACH processing, credit card and debit card acceptance, payment facilitation for software platforms, prepaid card issuing and a document print and mail operation.

TRDA vs USIO — Head-to-Head

Bigger by revenue
USIO
USIO
1.1× larger
USIO
$22.2M
$20.6M
TRDA
Growing faster (revenue YoY)
USIO
USIO
+73.4% gap
USIO
8.2%
-65.2%
TRDA
Higher net margin
USIO
USIO
77.7% more per $
USIO
-6.7%
-84.4%
TRDA
More free cash flow
USIO
USIO
$40.7M more FCF
USIO
$1.1M
$-39.7M
TRDA
Faster 2-yr revenue CAGR
TRDA
TRDA
Annualised
TRDA
6.4%
3.0%
USIO

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
TRDA
TRDA
USIO
USIO
Revenue
$20.6M
$22.2M
Net Profit
$-17.3M
$-1.5M
Gross Margin
21.9%
Operating Margin
-106.0%
-5.7%
Net Margin
-84.4%
-6.7%
Revenue YoY
-65.2%
8.2%
Net Profit YoY
-173.8%
-337.8%
EPS (diluted)
$-0.42
$-0.05

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
TRDA
TRDA
USIO
USIO
Q4 25
$22.2M
Q3 25
$21.2M
Q2 25
$20.0M
Q1 25
$20.6M
$22.0M
Q4 24
$37.4M
$20.6M
Q3 24
$19.6M
$21.3M
Q2 24
$94.7M
$20.1M
Q1 24
$59.1M
$21.0M
Net Profit
TRDA
TRDA
USIO
USIO
Q4 25
$-1.5M
Q3 25
$-415.1K
Q2 25
$-366.7K
Q1 25
$-17.3M
$-235.0K
Q4 24
$1.1M
$628.9K
Q3 24
$-14.0M
$2.9M
Q2 24
$55.0M
$75.5K
Q1 24
$23.5M
$-250.2K
Gross Margin
TRDA
TRDA
USIO
USIO
Q4 25
21.9%
Q3 25
23.0%
Q2 25
25.8%
Q1 25
21.9%
Q4 24
24.6%
Q3 24
23.0%
Q2 24
23.9%
Q1 24
23.1%
Operating Margin
TRDA
TRDA
USIO
USIO
Q4 25
-5.7%
Q3 25
-2.2%
Q2 25
-2.0%
Q1 25
-106.0%
-1.1%
Q4 24
-15.7%
-2.9%
Q3 24
-110.7%
-1.8%
Q2 24
56.4%
-1.0%
Q1 24
35.7%
-1.3%
Net Margin
TRDA
TRDA
USIO
USIO
Q4 25
-6.7%
Q3 25
-2.0%
Q2 25
-1.8%
Q1 25
-84.4%
-1.1%
Q4 24
3.0%
3.1%
Q3 24
-71.7%
13.4%
Q2 24
58.1%
0.4%
Q1 24
39.7%
-1.2%
EPS (diluted)
TRDA
TRDA
USIO
USIO
Q4 25
$-0.05
Q3 25
$-0.02
Q2 25
$-0.01
Q1 25
$-0.42
$-0.01
Q4 24
$-0.20
$0.03
Q3 24
$-0.35
$0.10
Q2 24
$1.55
$0.00
Q1 24
$0.68
$-0.01

Balance Sheet & Financial Strength

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

Metric
TRDA
TRDA
USIO
USIO
Cash + ST InvestmentsLiquidity on hand
$67.8M
$7.4M
Total DebtLower is stronger
$1.4M
Stockholders' EquityBook value
$417.3M
$17.9M
Total Assets
$486.5M
$134.9M
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TRDA
TRDA
USIO
USIO
Q4 25
$7.4M
Q3 25
$7.7M
Q2 25
$8.1M
Q1 25
$67.8M
$8.7M
Q4 24
$101.2M
$8.1M
Q3 24
$78.0M
$8.4M
Q2 24
$185.3M
$7.2M
Q1 24
$68.4M
$7.1M
Total Debt
TRDA
TRDA
USIO
USIO
Q4 25
$1.4M
Q3 25
$836.7K
Q2 25
$647.1K
Q1 25
$683.3K
Q4 24
$719.4K
Q3 24
$562.9K
Q2 24
$597.2K
Q1 24
$630.9K
Stockholders' Equity
TRDA
TRDA
USIO
USIO
Q4 25
$17.9M
Q3 25
$18.7M
Q2 25
$18.7M
Q1 25
$417.3M
$19.0M
Q4 24
$428.7M
$19.2M
Q3 24
$422.4M
$18.9M
Q2 24
$429.9M
$15.7M
Q1 24
$269.4M
$15.3M
Total Assets
TRDA
TRDA
USIO
USIO
Q4 25
$134.9M
Q3 25
$99.4M
Q2 25
$108.4M
Q1 25
$486.5M
$109.6M
Q4 24
$526.3M
$107.2M
Q3 24
$554.6M
$114.6M
Q2 24
$582.0M
$108.8M
Q1 24
$510.8M
$99.1M
Debt / Equity
TRDA
TRDA
USIO
USIO
Q4 25
0.08×
Q3 25
0.04×
Q2 25
0.03×
Q1 25
0.04×
Q4 24
0.04×
Q3 24
0.03×
Q2 24
0.04×
Q1 24
0.04×

Cash Flow & Capital Efficiency

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

Metric
TRDA
TRDA
USIO
USIO
Operating Cash FlowLast quarter
$-38.5M
$1.5M
Free Cash FlowOCF − Capex
$-39.7M
$1.1M
FCF MarginFCF / Revenue
-192.9%
4.8%
Capex IntensityCapex / Revenue
5.6%
2.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-58.0M
$1.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TRDA
TRDA
USIO
USIO
Q4 25
$1.5M
Q3 25
$303.8K
Q2 25
$-263.9K
Q1 25
$-38.5M
$1.4M
Q4 24
$-31.6M
$2.9M
Q3 24
$-24.3M
$1.4M
Q2 24
$39.8M
$369.1K
Q1 24
$-25.5M
$88.7K
Free Cash Flow
TRDA
TRDA
USIO
USIO
Q4 25
$1.1M
Q3 25
$85.2K
Q2 25
$-503.2K
Q1 25
$-39.7M
$1.1M
Q4 24
$-32.2M
$2.7M
Q3 24
$-24.9M
$1.4M
Q2 24
$38.8M
$246.3K
Q1 24
$-26.4M
$-88.1K
FCF Margin
TRDA
TRDA
USIO
USIO
Q4 25
4.8%
Q3 25
0.4%
Q2 25
-2.5%
Q1 25
-192.9%
4.8%
Q4 24
-86.2%
13.1%
Q3 24
-127.3%
6.4%
Q2 24
41.0%
1.2%
Q1 24
-44.6%
-0.4%
Capex Intensity
TRDA
TRDA
USIO
USIO
Q4 25
2.0%
Q3 25
1.0%
Q2 25
1.2%
Q1 25
5.6%
1.4%
Q4 24
1.7%
1.0%
Q3 24
3.3%
0.3%
Q2 24
1.1%
0.6%
Q1 24
1.4%
0.8%
Cash Conversion
TRDA
TRDA
USIO
USIO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-27.94×
4.61×
Q3 24
0.50×
Q2 24
0.72×
4.89×
Q1 24
-1.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TRDA
TRDA

Segment breakdown not available.

USIO
USIO

Credit Card Revenue$7.7M35%
ACH And Complementary Service Revenue$6.1M28%
Output Solutions$5.4M24%
Prepaid Card Services Revenue$2.6M12%

Related Comparisons