Filing Flows › Comparisons › UPYY vs SWMR
Upay vs Swarmer: UPYY and SWMR compared
Upay is the larger company: $285K of revenue in its latest quarter (Q2 FY27) against $216K for Swarmer (Q2 2026). Swarmer is growing faster (+57% against +51% a year earlier).
Where the money goes: UPYY and SWMR
Upay (UPYY) · Q2 FY27
Upay, Q2 FY27: revenue $285K (+51% year over year), operating margin -84.7%, net loss $770K, operating cash flow −$57. The chart follows the revenue to costs, profit and cash.
Swarmer (SWMR) · Q2 2026
Swarmer, Q2 2026: revenue $216K (+57% year over year), net loss $7.3M, operating cash flow −$6.9M. The chart follows the revenue to costs, profit and cash.
| Upay (UPYY) | Swarmer (SWMR) | |
|---|---|---|
| Latest quarter | Q2 FY27 | Q2 2026 |
| Revenue | $285K | $216K |
| Revenue growth, Y/Y | +51% | +57% |
| Operating margin | -84.7% | n/m |
| Net earnings | −$770K | −$7.3M |
| Net margin | -270.1% | — |
| Operating cash flow | −$57 | −$6.9M |
Questions
Which is bigger, Upay or Swarmer?
Upay is the larger company: $285K of revenue in its latest quarter (Q2 FY27) against $216K for Swarmer (Q2 2026).
Is Upay or Swarmer growing faster?
Swarmer is growing faster (+57% against +51% a year earlier).
More: Upay earnings · how Upay makes money · Swarmer earnings · how Swarmer makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 20, 2026; 10-Q filed Aug 14, 2026). Fiscal quarters can end on different dates. Not investment advice.