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Side-by-side financial comparison of ABEONA THERAPEUTICS INC. (ABEO) and Arbutus Biopharma Corp (ABUS). Click either name above to swap in a different company.

Abeona Therapeutics Inc. is a clinical-stage biopharmaceutical company specializing in the research and development of novel gene and cell therapies for life-threatening rare genetic diseases. Its pipeline addresses unmet medical needs, serving patient populations across North America and European markets with limited treatment alternatives.

Arbutus Biopharma Corporation is a publicly traded Canadian biopharmaceutical company with an expertise in liposomal drug delivery and RNA interference, and is developing drugs for hepatitis B infection.

ABEO vs ABUS — Head-to-Head

Bigger by revenue
ABUS
ABUS
Infinity× larger
ABUS
$1.1M
$0
ABEO

Income Statement — Q3 2025 vs Q4 2025

Metric
ABEO
ABEO
ABUS
ABUS
Revenue
$0
$1.1M
Net Profit
$-5.2M
Gross Margin
Operating Margin
-503.3%
Net Margin
Revenue YoY
-33.2%
Net Profit YoY
82.9%
EPS (diluted)
$-0.10
$-0.01

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
ABEO
ABEO
ABUS
ABUS
Q4 25
$1.1M
Q3 25
$0
$529.0K
Q2 25
$400.0K
$10.7M
Q1 25
$1.8M
Q4 24
$1.6M
Q3 24
$1.3M
Q2 24
$1.7M
Q1 24
$1.5M
Net Profit
ABEO
ABEO
ABUS
ABUS
Q4 25
Q3 25
$-5.2M
$-7.7M
Q2 25
$108.8M
$2.5M
Q1 25
$-24.5M
Q4 24
Q3 24
$-19.7M
Q2 24
$-19.8M
Q1 24
$-17.9M
Operating Margin
ABEO
ABEO
ABUS
ABUS
Q4 25
-503.3%
Q3 25
-1636.9%
Q2 25
-5698.0%
13.9%
Q1 25
-1456.9%
Q4 24
-885.2%
Q3 24
-1601.2%
Q2 24
-1250.5%
Q1 24
-1263.9%
Net Margin
ABEO
ABEO
ABUS
ABUS
Q4 25
Q3 25
-1463.5%
Q2 25
27208.3%
23.5%
Q1 25
-1390.4%
Q4 24
Q3 24
-1472.5%
Q2 24
-1146.9%
Q1 24
-1166.8%
EPS (diluted)
ABEO
ABEO
ABUS
ABUS
Q4 25
$-0.01
Q3 25
$-0.10
$-0.04
Q2 25
$1.71
$0.01
Q1 25
$-0.13
Q4 24
$-0.07
Q3 24
$-0.10
Q2 24
$-0.11
Q1 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
ABEO
ABEO
ABUS
ABUS
Cash + ST InvestmentsLiquidity on hand
$207.1M
$91.5M
Total DebtLower is stronger
$19.8M
$0
Stockholders' EquityBook value
$171.2M
$76.6M
Total Assets
$231.1M
$94.6M
Debt / EquityLower = less leverage
0.12×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABEO
ABEO
ABUS
ABUS
Q4 25
$91.5M
Q3 25
$207.1M
$22.4M
Q2 25
$225.5M
$37.4M
Q1 25
$37.1M
Q4 24
$122.6M
Q3 24
$31.8M
Q2 24
$62.8M
Q1 24
$43.1M
Total Debt
ABEO
ABEO
ABUS
ABUS
Q4 25
$0
Q3 25
$19.8M
$0
Q2 25
$19.6M
$0
Q1 25
$0
Q4 24
$0
Q3 24
$0
Q2 24
$0
Q1 24
$0
Stockholders' Equity
ABEO
ABEO
ABUS
ABUS
Q4 25
$76.6M
Q3 25
$171.2M
$77.4M
Q2 25
$163.6M
$83.0M
Q1 25
$79.2M
Q4 24
$97.4M
Q3 24
$106.9M
Q2 24
$122.5M
Q1 24
$114.6M
Total Assets
ABEO
ABEO
ABUS
ABUS
Q4 25
$94.6M
Q3 25
$231.1M
$97.7M
Q2 25
$246.2M
$103.3M
Q1 25
$117.0M
Q4 24
$131.7M
Q3 24
$140.4M
Q2 24
$160.0M
Q1 24
$150.3M
Debt / Equity
ABEO
ABEO
ABUS
ABUS
Q4 25
0.00×
Q3 25
0.12×
0.00×
Q2 25
0.12×
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
ABEO
ABEO
ABUS
ABUS
Operating Cash FlowLast quarter
$-21.2M
$-4.7M
Free Cash FlowOCF − Capex
$-23.7M
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
ABEO
ABEO
ABUS
ABUS
Q4 25
$-4.7M
Q3 25
$-21.2M
$-5.8M
Q2 25
$-18.8M
$-15.7M
Q1 25
$-13.4M
Q4 24
$-10.3M
Q3 24
$-20.7M
Q2 24
$-14.5M
Q1 24
$-19.3M
Free Cash Flow
ABEO
ABEO
ABUS
ABUS
Q4 25
Q3 25
$-23.7M
Q2 25
$-21.7M
Q1 25
Q4 24
$-10.4M
Q3 24
Q2 24
$-14.5M
Q1 24
$-19.4M
FCF Margin
ABEO
ABEO
ABUS
ABUS
Q4 25
Q3 25
Q2 25
-5421.3%
Q1 25
Q4 24
-660.8%
Q3 24
Q2 24
-840.4%
Q1 24
-1265.7%
Capex Intensity
ABEO
ABEO
ABUS
ABUS
Q4 25
0.0%
Q3 25
0.0%
Q2 25
725.3%
0.0%
Q1 25
0.0%
Q4 24
5.5%
Q3 24
0.0%
Q2 24
0.1%
Q1 24
6.2%
Cash Conversion
ABEO
ABEO
ABUS
ABUS
Q4 25
Q3 25
Q2 25
-0.17×
-6.24×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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