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Spreadsheets · head to head

Equals vs Quadratic

Equals logo

Equals

Spreadsheets

A real spreadsheet with SQL result sets landing in its cells, now sold only on annual contracts starting at 24,000 USD

From
$24000/year
Rated
-
Full reviewWebsite
Quadratic logo

Quadratic

Spreadsheets

Infinite-canvas spreadsheet that runs Python, SQL and formulas in the same grid

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Quadratic has a free tier, so it costs nothing to try first.
  • Each has a real cost: Equals the price list now starts at 24,000 USD a year with no monthly billing and no self-serve signup, having offered a free plan in 2023 and 39 USD per seat in 2024, so any team that evaluated it previously is looking at a different product commercially.; Quadratic aI usage is metered as a dollar allowance rather than a flat entitlement, so a team that adopts the agent enthusiastically will exhaust 20 USD per user per month quickly and the true cost per seat becomes unpredictable.
  • They diverge on capability: Equals covers Connected sheets, Quadratic covers Multi-language cells.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Equals and Quadratic actually diverge.

Attributes where Equals and Quadratic differ
AttributeEqualsQuadratic
Starting price$24000/yearFree
Pricing modelPer year by connector count and refresh frequencyPer user per month
Free tierNoYes
PlatformsWeb, APIWeb, macOS, Windows, Linux

Identical on both: user rating (Not yet rated), category (Spreadsheets).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Equals

  • Connected sheets
  • Real spreadsheet mechanics
  • Cell references into SQL
  • Equals Warehouse
  • Views
  • Writeback

Only in Quadratic

  • Multi-language cells
  • Infinite canvas
  • Direct database connections
  • AI agent in the sheet
  • WebAssembly engine
  • Python package support

What people use each for

The jobs each tool is most often brought in to do.

Equals

  • A revenue operations team that wants software metrics computed in a spreadsheet rather than defined in a BI semantic layernot Quadratic
  • Analysts who need a SQL result and manual assumptions in the same file, with the assumptions visible as cellsnot Quadratic
  • Joining Stripe, Salesforce and a production database without building a warehouse and pipeline firstnot Quadratic
  • Distributing a recurring numbers pack to Slack, email or a wall display without rebuilding it as a dashboardnot Quadratic

Quadratic

  • An analyst who wants a SQL result, a Python transformation and a set of manual assumptions visible in one file instead of three toolsnot Equals
  • Ad hoc modelling where part of the logic is genuinely code and part is a judgement call typed into a cellnot Equals
  • Sharing a reproducible analysis with a colleague who will only ever open a spreadsheet, not a notebooknot Equals
  • Prototyping a data pull against a warehouse before committing it to a scheduled pipelinenot Equals

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Equals

  • The price list now starts at 24,000 USD a year with no monthly billing and no self-serve signup, having offered a free plan in 2023 and 39 USD per seat in 2024, so any team that evaluated it previously is looking at a different product commercially.
  • Your data is copied out of your infrastructure by design, into a Snowflake warehouse that Equals operates, with Fivetran holding non-SQL source data in transit, and no self-hosted or bring-your-own-warehouse option is documented.
  • The financial function category contains only IRR, NPV and PMT, with no XIRR, XNPV, FV, PV, RATE or NPER, and there is no LAMBDA, LET, OFFSET or INDIRECT, so a substantial class of existing spreadsheet models cannot be ported without rework.
  • No documentation of importing or exporting Excel files exists anywhere in the docs index; the supported file sources are CSV and Google Sheets and the only documented export is dashboards as PDF, which is a notable gap for a product positioning itself as a successor to Excel.
  • Data freshness is a pricing lever rather than a setting, at six hours on Essential, one hour on Business and fifteen minutes on Enterprise, and the feature that removes row limits is itself gated above the entry tier, so the Essential row ceiling is neither published nor unlimited.

Quadratic

  • AI usage is metered as a dollar allowance rather than a flat entitlement, so a team that adopts the agent enthusiastically will exhaust 20 USD per user per month quickly and the true cost per seat becomes unpredictable.
  • Self-hosting is available only on the Enterprise plan, so an organisation that cannot send data to the vendor cloud has to enter a sales negotiation rather than run a container.
  • Excel and Google Sheets compatibility is partial, so files with heavy conditional formatting, pivot tables or macros do not survive a round trip and have to be rebuilt.
  • The product is young and the connector list is short, covering the main relational databases and two warehouses, so anything else has to be reached through Python code you write and maintain yourself.
  • There is no real mobile editing experience, which matters more than it sounds for a spreadsheet because approvals and quick checks routinely happen on a phone.

Pricing, plan by plan

Equals

$24000/year
  • Essential$24000/year
    • Unlimited viewers and unlimited editors
    • 3 connectors
    • Data sync every 6 hours
  • Business$36000/year
    • Unlimited viewers and unlimited editors
    • 5 connectors or a warehouse connection
    • Data sync every hour
  • Enterprise$60000/year
    • Unlimited viewers and unlimited editors
    • Unlimited connectors or a warehouse connection
    • Data sync every 15 minutes
  • Connector add-ons$199/month
    • 199 USD per month for each additional database or import script connector
    • 699 USD per month for each additional connector of any other type
    • Available on Business and Enterprise

Quadratic

Free
  • PersonalFree
    • Limited AI usage
    • Limited files and connections
    • Limited sharing
  • Pro$18/month
    • Billed annually
    • 20 USD of AI credits per month
    • Unlimited files
  • Business$36/month
    • Billed annually
    • 40 USD of AI credits per month
    • Advanced permissions
  • Enterprise$undefined/year
    • Quoted
    • Self-hosting option
    • Custom AI usage

Which should you pick?

Choose Equals if

  • You need connected sheets.
  • You work on Web, API.
  • You also want real spreadsheet mechanics.
Equals review

Choose Quadratic if

  • You need multi-language cells.
  • You want to start without paying.
  • You work on Web, macOS, Windows, Linux.
  • You also want infinite canvas.
Quadratic review

Questions people ask

Is Equals or Quadratic better?
Neither clearly leads. Equals starts at $24000/year and Quadratic at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Equals or Quadratic?
Quadratic has a free tier; the other does not. Paid plans start at $24000/year for Equals and Free for Quadratic.
Does Equals or Quadratic run on more platforms?
Equals runs on Web, API. Quadratic runs on Web, macOS, Windows, Linux.
Can I use Quadratic for free?
Yes. Quadratic has a free tier, so you can try it without paying. Equals starts at $24000/year.
What is Equals best used for?
Equals is most often used for a revenue operations team that wants software metrics computed in a spreadsheet rather than defined in a bi semantic layer, analysts who need a sql result and manual assumptions in the same file, with the assumptions visible as cells, joining stripe, salesforce and a production database without building a warehouse and pipeline first, distributing a recurring numbers pack to slack, email or a wall display without rebuilding it as a dashboard. Of those, a revenue operations team that wants software metrics computed in a spreadsheet rather than defined in a bi semantic layer and analysts who need a sql result and manual assumptions in the same file, with the assumptions visible as cells are not what Quadratic is typically brought in for.
What can Equals do that Quadratic cannot?
Equals covers Connected sheets, Real spreadsheet mechanics, Cell references into SQL, Equals Warehouse. Quadratic covers Multi-language cells, Infinite canvas, Direct database connections, AI agent in the sheet.

Answered from the vendors’ own pages

Equals: Is it a real spreadsheet or a modelling tool with a grid?

A real spreadsheet. A1 references, absolute reference locking, pivot tables and spilling array formulas all work, and SQL results land in ranges that ordinary cells reference.

Quadratic: Do I need to know Python to use it?

No, formulas work on their own, but the reason to choose Quadratic over Google Sheets is the code cells, so a team with no Python will not get the value.

Equals: What does it actually cost?

24,000 USD a year for Essential, 36,000 for Business and 60,000 for Enterprise, billed annually. There is no monthly option and no self-serve signup; the trial is negotiated per customer.

Quadratic: What happens when the AI credits run out?

Prompting stops until the next monthly reset or until you move up a plan; the spreadsheet itself keeps working normally.

Equals: Are seats charged?

No. Viewers and editors are unlimited on every plan. The meters are connector count, refresh frequency and AI spend, with additional connectors at 199 or 699 USD a month.

Quadratic: Can it replace a BI tool?

Not for scheduled distribution or governed metrics. It is for exploratory work by one person or a small team, not for dashboards a hundred people read.

Equals: Does my data stay in my own warehouse?

No. Connecting more than one source syncs data into a Snowflake warehouse that Equals runs, and non-SQL sources pass through Fivetran. There is no documented self-hosted option.

Quadratic: Is my database query sent to the vendor?

Connections run through the vendor service on all plans except Enterprise self-hosting, which is the option to take if that is unacceptable.

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