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

Arbutus Biopharma Corp is the larger business by last-quarter revenue ($10.7M vs $7.6M, roughly 1.4× Zedge, Inc.). Arbutus Biopharma Corp runs the higher net margin — 23.5% vs 10.4%, a 13.1% gap on every dollar of revenue. On growth, Arbutus Biopharma Corp posted the faster year-over-year revenue change (522.2% vs 5.8%). Over the past eight quarters, Zedge, Inc.'s revenue compounded faster (-1.0% 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.

Zedge is a content distribution platform that provides consumers with a way to personalize their mobile devices. It has offices in Trondheim, Vilnius, and New York City.

ABUS vs ZDGE — Head-to-Head

Bigger by revenue
ABUS
ABUS
1.4× larger
ABUS
$10.7M
$7.6M
ZDGE
Growing faster (revenue YoY)
ABUS
ABUS
+516.4% gap
ABUS
522.2%
5.8%
ZDGE
Higher net margin
ABUS
ABUS
13.1% more per $
ABUS
23.5%
10.4%
ZDGE
Faster 2-yr revenue CAGR
ZDGE
ZDGE
Annualised
ZDGE
-1.0%
-13.2%
ABUS

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
ABUS
ABUS
ZDGE
ZDGE
Revenue
$10.7M
$7.6M
Net Profit
$2.5M
$788.0K
Gross Margin
Operating Margin
13.9%
12.0%
Net Margin
23.5%
10.4%
Revenue YoY
522.2%
5.8%
Net Profit YoY
112.7%
332.4%
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
ZDGE
ZDGE
Q4 25
$7.6M
Q3 25
$7.5M
Q2 25
$10.7M
$7.8M
Q1 25
$7.0M
Q4 24
$7.2M
Q3 24
$7.6M
Q2 24
$7.7M
Q1 24
$7.8M
Net Profit
ABUS
ABUS
ZDGE
ZDGE
Q4 25
$788.0K
Q3 25
$-559.0K
Q2 25
$2.5M
$185.0K
Q1 25
$-1.7M
Q4 24
$-339.0K
Q3 24
$-39.0K
Q2 24
$113.0K
Q1 24
$-9.2M
Operating Margin
ABUS
ABUS
ZDGE
ZDGE
Q4 25
12.0%
Q3 25
-9.6%
Q2 25
13.9%
2.1%
Q1 25
-31.8%
Q4 24
-6.4%
Q3 24
-0.8%
Q2 24
-1.7%
Q1 24
-153.5%
Net Margin
ABUS
ABUS
ZDGE
ZDGE
Q4 25
10.4%
Q3 25
-7.5%
Q2 25
23.5%
2.4%
Q1 25
-24.1%
Q4 24
-4.7%
Q3 24
-0.5%
Q2 24
1.5%
Q1 24
-118.8%
EPS (diluted)
ABUS
ABUS
ZDGE
ZDGE
Q4 25
$0.06
Q3 25
$-0.04
Q2 25
$0.01
$0.01
Q1 25
$-0.12
Q4 24
$-0.02
Q3 24
$0.00
Q2 24
$0.01
Q1 24
$-0.66

Balance Sheet & Financial Strength

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

Metric
ABUS
ABUS
ZDGE
ZDGE
Cash + ST InvestmentsLiquidity on hand
$37.4M
$18.5M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$83.0M
$25.9M
Total Assets
$103.3M
$36.0M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABUS
ABUS
ZDGE
ZDGE
Q4 25
$18.5M
Q3 25
$18.6M
Q2 25
$37.4M
$20.4M
Q1 25
$20.1M
Q4 24
$20.2M
Q3 24
$20.0M
Q2 24
$19.9M
Q1 24
$18.1M
Total Debt
ABUS
ABUS
ZDGE
ZDGE
Q4 25
Q3 25
Q2 25
$0
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ABUS
ABUS
ZDGE
ZDGE
Q4 25
$25.9M
Q3 25
$25.9M
Q2 25
$83.0M
$28.6M
Q1 25
$28.2M
Q4 24
$30.1M
Q3 24
$30.9M
Q2 24
$30.9M
Q1 24
$30.7M
Total Assets
ABUS
ABUS
ZDGE
ZDGE
Q4 25
$36.0M
Q3 25
$35.7M
Q2 25
$103.3M
$37.8M
Q1 25
$37.1M
Q4 24
$38.2M
Q3 24
$38.2M
Q2 24
$38.1M
Q1 24
$37.1M
Debt / Equity
ABUS
ABUS
ZDGE
ZDGE
Q4 25
Q3 25
Q2 25
0.00×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
ZDGE
ZDGE
Operating Cash FlowLast quarter
$-15.7M
$825.0K
Free Cash FlowOCF − Capex
$808.0K
FCF MarginFCF / Revenue
10.6%
Capex IntensityCapex / Revenue
0.0%
0.2%
Cash ConversionOCF / Net Profit
-6.24×
1.05×
TTM Free Cash FlowTrailing 4 quarters
$3.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABUS
ABUS
ZDGE
ZDGE
Q4 25
$825.0K
Q3 25
$674.0K
Q2 25
$-15.7M
$870.0K
Q1 25
$708.0K
Q4 24
$1.2M
Q3 24
$695.0K
Q2 24
$2.3M
Q1 24
$1.6M
Free Cash Flow
ABUS
ABUS
ZDGE
ZDGE
Q4 25
$808.0K
Q3 25
$640.0K
Q2 25
$851.0K
Q1 25
$689.0K
Q4 24
$1.2M
Q3 24
$683.0K
Q2 24
$2.3M
Q1 24
$1.6M
FCF Margin
ABUS
ABUS
ZDGE
ZDGE
Q4 25
10.6%
Q3 25
8.6%
Q2 25
11.0%
Q1 25
9.9%
Q4 24
16.1%
Q3 24
9.0%
Q2 24
30.4%
Q1 24
20.0%
Capex Intensity
ABUS
ABUS
ZDGE
ZDGE
Q4 25
0.2%
Q3 25
0.5%
Q2 25
0.0%
0.2%
Q1 25
0.3%
Q4 24
0.2%
Q3 24
0.2%
Q2 24
0.2%
Q1 24
0.0%
Cash Conversion
ABUS
ABUS
ZDGE
ZDGE
Q4 25
1.05×
Q3 25
Q2 25
-6.24×
4.70×
Q1 25
Q4 24
Q3 24
Q2 24
20.73×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ABUS
ABUS

Segment breakdown not available.

ZDGE
ZDGE

Zedge Marketplace$7.1M94%
Other$468.0K6%

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