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Side-by-side financial comparison of Arbutus Biopharma Corp (ABUS) and Alpine Income Property Trust, Inc. (PINE). Click either name above to swap in a different company.

Alpine Income Property Trust, Inc. is the larger business by last-quarter revenue ($18.4M vs $10.7M, roughly 1.7× Arbutus Biopharma Corp). Arbutus Biopharma Corp runs the higher net margin — 23.5% vs 11.9%, a 11.6% gap on every dollar of revenue. On growth, Arbutus Biopharma Corp posted the faster year-over-year revenue change (522.2% vs 29.6%). Over the past eight quarters, Alpine Income Property Trust, Inc.'s revenue compounded faster (21.4% CAGR vs -13.2%).

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.

Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust that owns and operates a diversified portfolio of single-tenant net lease commercial properties across the United States. Its core asset segments include essential retail, industrial, and suburban office spaces, delivering stable recurring rental revenue to support consistent returns for its shareholders.

ABUS vs PINE — Head-to-Head

Bigger by revenue
PINE
PINE
1.7× larger
PINE
$18.4M
$10.7M
ABUS
Growing faster (revenue YoY)
ABUS
ABUS
+492.6% gap
ABUS
522.2%
29.6%
PINE
Higher net margin
ABUS
ABUS
11.6% more per $
ABUS
23.5%
11.9%
PINE
Faster 2-yr revenue CAGR
PINE
PINE
Annualised
PINE
21.4%
-13.2%
ABUS

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
ABUS
ABUS
PINE
PINE
Revenue
$10.7M
$18.4M
Net Profit
$2.5M
$2.2M
Gross Margin
Operating Margin
13.9%
Net Margin
23.5%
11.9%
Revenue YoY
522.2%
29.6%
Net Profit YoY
112.7%
285.3%
EPS (diluted)
$0.01
$0.06

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
PINE
PINE
Q1 26
$18.4M
Q4 25
$16.9M
Q3 25
$14.6M
Q2 25
$10.7M
$14.9M
Q1 25
$14.2M
Q4 24
$13.8M
Q3 24
$13.5M
Q2 24
$12.5M
Net Profit
ABUS
ABUS
PINE
PINE
Q1 26
$2.2M
Q4 25
$1.5M
Q3 25
$-1.3M
Q2 25
$2.5M
$-1.6M
Q1 25
$-1.2M
Q4 24
$-958.0K
Q3 24
$3.1M
Q2 24
$204.0K
Operating Margin
ABUS
ABUS
PINE
PINE
Q1 26
Q4 25
35.3%
Q3 25
16.6%
Q2 25
13.9%
16.8%
Q1 25
16.0%
Q4 24
14.3%
Q3 24
47.9%
Q2 24
24.0%
Net Margin
ABUS
ABUS
PINE
PINE
Q1 26
11.9%
Q4 25
8.7%
Q3 25
-9.0%
Q2 25
23.5%
-11.0%
Q1 25
-8.3%
Q4 24
-6.9%
Q3 24
22.8%
Q2 24
1.6%
EPS (diluted)
ABUS
ABUS
PINE
PINE
Q1 26
$0.06
Q4 25
$0.07
Q3 25
$-0.09
Q2 25
$0.01
$-0.12
Q1 25
$-0.08
Q4 24
$-0.06
Q3 24
$0.21
Q2 24
$0.01

Balance Sheet & Financial Strength

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

Metric
ABUS
ABUS
PINE
PINE
Cash + ST InvestmentsLiquidity on hand
$37.4M
$2.6M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$83.0M
$312.5M
Total Assets
$103.3M
$745.1M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABUS
ABUS
PINE
PINE
Q1 26
$2.6M
Q4 25
$4.6M
Q3 25
$1.2M
Q2 25
$37.4M
$5.0M
Q1 25
$6.1M
Q4 24
$1.6M
Q3 24
$2.6M
Q2 24
$3.3M
Total Debt
ABUS
ABUS
PINE
PINE
Q1 26
Q4 25
$377.7M
Q3 25
$358.2M
Q2 25
$0
$352.6M
Q1 25
$356.5M
Q4 24
$301.5M
Q3 24
$278.9M
Q2 24
$268.3M
Stockholders' Equity
ABUS
ABUS
PINE
PINE
Q1 26
$312.5M
Q4 25
$279.9M
Q3 25
$223.5M
Q2 25
$83.0M
$229.8M
Q1 25
$240.9M
Q4 24
$253.0M
Q3 24
$248.2M
Q2 24
$244.0M
Total Assets
ABUS
ABUS
PINE
PINE
Q1 26
$745.1M
Q4 25
$715.9M
Q3 25
$621.4M
Q2 25
$103.3M
$628.4M
Q1 25
$647.4M
Q4 24
$605.0M
Q3 24
$579.0M
Q2 24
$565.8M
Debt / Equity
ABUS
ABUS
PINE
PINE
Q1 26
Q4 25
1.35×
Q3 25
1.60×
Q2 25
0.00×
1.53×
Q1 25
1.48×
Q4 24
1.19×
Q3 24
1.12×
Q2 24
1.10×

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
PINE
PINE
Operating Cash FlowLast quarter
$-15.7M
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
PINE
PINE
Q1 26
Q4 25
$25.8M
Q3 25
$8.7M
Q2 25
$-15.7M
$9.1M
Q1 25
$5.8M
Q4 24
$23.4M
Q3 24
$6.2M
Q2 24
$8.0M
Free Cash Flow
ABUS
ABUS
PINE
PINE
Q1 26
Q4 25
$-87.8M
Q3 25
$-48.8M
Q2 25
$-3.0M
Q1 25
$-55.5M
Q4 24
$-33.4M
Q3 24
$-43.0M
Q2 24
$-13.5M
FCF Margin
ABUS
ABUS
PINE
PINE
Q1 26
Q4 25
-519.4%
Q3 25
-334.9%
Q2 25
-20.0%
Q1 25
-391.0%
Q4 24
-242.4%
Q3 24
-319.3%
Q2 24
-108.0%
Capex Intensity
ABUS
ABUS
PINE
PINE
Q1 26
Q4 25
671.8%
Q3 25
394.8%
Q2 25
0.0%
81.2%
Q1 25
432.0%
Q4 24
412.3%
Q3 24
365.4%
Q2 24
172.3%
Cash Conversion
ABUS
ABUS
PINE
PINE
Q1 26
Q4 25
17.48×
Q3 25
Q2 25
-6.24×
Q1 25
Q4 24
Q3 24
2.02×
Q2 24
39.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ABUS
ABUS

Segment breakdown not available.

PINE
PINE

Lease Income$12.6M68%
Other$5.8M31%
Other Revenue$46.0K0%

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