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Side-by-side financial comparison of Arbutus Biopharma Corp (ABUS) and Ambiq Micro, Inc. (AMBQ). Click either name above to swap in a different company.

Ambiq Micro, Inc. is the larger business by last-quarter revenue ($18.2M vs $10.7M, roughly 1.7× Arbutus Biopharma Corp). Arbutus Biopharma Corp runs the higher net margin — 23.5% vs -49.6%, a 73.1% gap on every dollar of revenue.

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.

Ambiq Micro, Inc. is an American semiconductor company specializing in low-power microcontrollers and systems-on-chip, including products for devices smartwatches, medical devices, and sensors. Founded in 2010 by University of Michigan researchers Scott Hanson, David Blaauw, and Dennis Sylvester, the company is headquartered in Austin, Texas. Its products employ Subthreshold Power Optimized Technology (SPOT) to reduce energy consumption and enable on-device edge AI. In 2025, Ambiq went public...

ABUS vs AMBQ — Head-to-Head

Bigger by revenue
AMBQ
AMBQ
1.7× larger
AMBQ
$18.2M
$10.7M
ABUS
Higher net margin
ABUS
ABUS
73.1% more per $
ABUS
23.5%
-49.6%
AMBQ

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
ABUS
ABUS
AMBQ
AMBQ
Revenue
$10.7M
$18.2M
Net Profit
$2.5M
$-9.0M
Gross Margin
42.3%
Operating Margin
13.9%
-55.3%
Net Margin
23.5%
-49.6%
Revenue YoY
522.2%
Net Profit YoY
112.7%
EPS (diluted)
$0.01
$-0.72

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
ABUS
ABUS
AMBQ
AMBQ
Q3 25
$18.2M
Q2 25
$10.7M
$17.9M
Q4 23
$2.1M
Q3 23
$4.7M
Q2 23
$4.7M
Q1 23
$6.7M
Q4 22
$6.2M
Q3 22
$6.0M
Net Profit
ABUS
ABUS
AMBQ
AMBQ
Q3 25
$-9.0M
Q2 25
$2.5M
$-8.5M
Q4 23
Q3 23
$-20.1M
Q2 23
$-17.1M
Q1 23
$-16.3M
Q4 22
$-21.9M
Q3 22
$-17.6M
Gross Margin
ABUS
ABUS
AMBQ
AMBQ
Q3 25
42.3%
Q2 25
40.1%
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
Q3 22
Operating Margin
ABUS
ABUS
AMBQ
AMBQ
Q3 25
-55.3%
Q2 25
13.9%
-49.2%
Q4 23
-967.2%
Q3 23
-462.8%
Q2 23
-395.3%
Q1 23
-260.4%
Q4 22
-361.3%
Q3 22
-299.2%
Net Margin
ABUS
ABUS
AMBQ
AMBQ
Q3 25
-49.6%
Q2 25
23.5%
-47.5%
Q4 23
Q3 23
-431.6%
Q2 23
-367.5%
Q1 23
-244.3%
Q4 22
-351.2%
Q3 22
-295.1%
EPS (diluted)
ABUS
ABUS
AMBQ
AMBQ
Q3 25
$-0.72
Q2 25
$0.01
$-18.89
Q4 23
$-0.12
Q3 23
$-0.12
Q2 23
$-0.10
Q1 23
$-0.10
Q4 22
$-0.13
Q3 22
$-0.12

Balance Sheet & Financial Strength

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

Metric
ABUS
ABUS
AMBQ
AMBQ
Cash + ST InvestmentsLiquidity on hand
$37.4M
$146.5M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$83.0M
$169.8M
Total Assets
$103.3M
$186.7M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABUS
ABUS
AMBQ
AMBQ
Q3 25
$146.5M
Q2 25
$37.4M
$47.5M
Q4 23
$126.0M
Q3 23
$17.5M
Q2 23
$27.2M
Q1 23
$40.6M
Q4 22
$146.9M
Q3 22
$24.0M
Total Debt
ABUS
ABUS
AMBQ
AMBQ
Q3 25
Q2 25
$0
Q4 23
$0
Q3 23
$0
Q2 23
$0
Q1 23
$0
Q4 22
$0
Q3 22
$0
Stockholders' Equity
ABUS
ABUS
AMBQ
AMBQ
Q3 25
$169.8M
Q2 25
$83.0M
$-307.3M
Q4 23
$106.0M
Q3 23
$119.3M
Q2 23
$134.7M
Q1 23
$143.9M
Q4 22
$136.9M
Q3 22
$145.5M
Total Assets
ABUS
ABUS
AMBQ
AMBQ
Q3 25
$186.7M
Q2 25
$103.3M
$89.2M
Q4 23
$144.4M
Q3 23
$158.6M
Q2 23
$176.8M
Q1 23
$191.2M
Q4 22
$195.4M
Q3 22
$203.8M
Debt / Equity
ABUS
ABUS
AMBQ
AMBQ
Q3 25
Q2 25
0.00×
Q4 23
0.00×
Q3 23
0.00×
Q2 23
0.00×
Q1 23
0.00×
Q4 22
0.00×
Q3 22
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
ABUS
ABUS
AMBQ
AMBQ
Operating Cash FlowLast quarter
$-15.7M
$-5.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-6.24×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABUS
ABUS
AMBQ
AMBQ
Q3 25
$-5.0M
Q2 25
$-15.7M
$-10.5M
Q4 23
$-17.3M
Q3 23
$-21.8M
Q2 23
$-19.6M
Q1 23
$-27.3M
Q4 22
$-17.0M
Q3 22
$-18.7M
Free Cash Flow
ABUS
ABUS
AMBQ
AMBQ
Q3 25
Q2 25
Q4 23
Q3 23
$-21.8M
Q2 23
$-20.4M
Q1 23
$-27.4M
Q4 22
$-17.1M
Q3 22
$-18.8M
FCF Margin
ABUS
ABUS
AMBQ
AMBQ
Q3 25
Q2 25
Q4 23
Q3 23
-468.4%
Q2 23
-439.0%
Q1 23
-410.0%
Q4 22
-274.2%
Q3 22
-315.6%
Capex Intensity
ABUS
ABUS
AMBQ
AMBQ
Q3 25
Q2 25
0.0%
Q4 23
0.0%
Q3 23
0.7%
Q2 23
18.5%
Q1 23
1.7%
Q4 22
2.1%
Q3 22
1.5%
Cash Conversion
ABUS
ABUS
AMBQ
AMBQ
Q3 25
Q2 25
-6.24×
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
Q3 22

Financial Flow Comparison

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

Revenue Breakdown by Segment

ABUS
ABUS

Segment breakdown not available.

AMBQ
AMBQ

Customer Concentration Risk$16.2M89%
Other$2.0M11%

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