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Side-by-side financial comparison of Arcellx, Inc. (ACLX) and Outdoor Holding Co (POWW). Click either name above to swap in a different company.

Outdoor Holding Co is the larger business by last-quarter revenue ($13.4M vs $8.1M, roughly 1.6× Arcellx, Inc.). Outdoor Holding Co runs the higher net margin — 16.7% vs -766.0%, a 782.7% gap on every dollar of revenue. On growth, Outdoor Holding Co posted the faster year-over-year revenue change (-54.1% vs -79.3%). Outdoor Holding Co produced more free cash flow last quarter ($5.0M vs $-63.9M).

Arcellx, Inc. is a clinical-stage biotechnology company that develops innovative chimeric antigen receptor T (CAR-T) cell therapies for treating hard-to-treat cancers including hematologic malignancies and solid tumors. Its core pipeline targets unmet oncology medical needs, serving global patient populations and partnering with life sciences stakeholders.

Vista Outdoor Inc. was an American designer, manufacturer, and marketer that operated in two segments: shooting sports and outdoor products. It was a "house of brands" with more than 40 labels and subsidiaries.

ACLX vs POWW — Head-to-Head

Bigger by revenue
POWW
POWW
1.6× larger
POWW
$13.4M
$8.1M
ACLX
Growing faster (revenue YoY)
POWW
POWW
+25.2% gap
POWW
-54.1%
-79.3%
ACLX
Higher net margin
POWW
POWW
782.7% more per $
POWW
16.7%
-766.0%
ACLX
More free cash flow
POWW
POWW
$69.0M more FCF
POWW
$5.0M
$-63.9M
ACLX

Income Statement — Q1 FY2025 vs Q3 FY2026

Metric
ACLX
ACLX
POWW
POWW
Revenue
$8.1M
$13.4M
Net Profit
$-62.3M
$2.2M
Gross Margin
87.1%
Operating Margin
-847.6%
14.7%
Net Margin
-766.0%
16.7%
Revenue YoY
-79.3%
-54.1%
Net Profit YoY
-765.1%
108.5%
EPS (diluted)
$-1.13
$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
ACLX
ACLX
POWW
POWW
Q4 25
$13.4M
Q3 25
$12.0M
Q2 25
$11.9M
Q1 25
$8.1M
$12.6M
Q4 24
$15.3M
$12.5M
Q3 24
$26.0M
$12.0M
Q2 24
$27.4M
$12.3M
Q1 24
$39.3M
$-50.7M
Net Profit
ACLX
ACLX
POWW
POWW
Q4 25
$2.2M
Q3 25
$1.4M
Q2 25
$-6.5M
Q1 25
$-62.3M
$-77.5M
Q4 24
$-47.1M
$-26.1M
Q3 24
$-25.9M
$-12.4M
Q2 24
$-27.2M
$-14.8M
Q1 24
$-7.2M
$-5.2M
Gross Margin
ACLX
ACLX
POWW
POWW
Q4 25
87.1%
Q3 25
87.1%
Q2 25
87.2%
Q1 25
87.5%
Q4 24
87.4%
Q3 24
86.9%
Q2 24
85.8%
Q1 24
Operating Margin
ACLX
ACLX
POWW
POWW
Q4 25
14.7%
Q3 25
5.9%
Q2 25
-50.7%
Q1 25
-847.6%
-213.6%
Q4 24
-348.2%
-163.8%
Q3 24
-129.1%
-50.3%
Q2 24
-127.8%
-50.8%
Q1 24
-40.3%
Net Margin
ACLX
ACLX
POWW
POWW
Q4 25
16.7%
Q3 25
11.7%
Q2 25
-54.5%
Q1 25
-766.0%
-614.5%
Q4 24
-308.4%
-208.7%
Q3 24
-99.4%
-103.7%
Q2 24
-99.3%
-120.2%
Q1 24
-18.3%
10.3%
EPS (diluted)
ACLX
ACLX
POWW
POWW
Q4 25
$0.01
Q3 25
$0.01
Q2 25
$-0.06
Q1 25
$-1.13
$-0.67
Q4 24
$-0.87
$-0.23
Q3 24
$-0.48
$-0.11
Q2 24
$-0.51
$-0.13
Q1 24
$-0.14
$-0.05

Balance Sheet & Financial Strength

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

Metric
ACLX
ACLX
POWW
POWW
Cash + ST InvestmentsLiquidity on hand
$543.3M
$69.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$416.9M
$237.3M
Total Assets
$648.1M
$271.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACLX
ACLX
POWW
POWW
Q4 25
$69.9M
Q3 25
$65.7M
Q2 25
$63.4M
Q1 25
$543.3M
$30.2M
Q4 24
$587.4M
$31.9M
Q3 24
$574.3M
$33.5M
Q2 24
$516.7M
$50.8M
Q1 24
$573.9M
$55.6M
Stockholders' Equity
ACLX
ACLX
POWW
POWW
Q4 25
$237.3M
Q3 25
$235.4M
Q2 25
$222.5M
Q1 25
$416.9M
$222.0M
Q4 24
$454.8M
$299.6M
Q3 24
$483.0M
$325.6M
Q2 24
$487.2M
$342.5M
Q1 24
$496.6M
$358.0M
Total Assets
ACLX
ACLX
POWW
POWW
Q4 25
$271.7M
Q3 25
$270.3M
Q2 25
$269.5M
Q1 25
$648.1M
$297.3M
Q4 24
$711.3M
$355.4M
Q3 24
$764.9M
$368.9M
Q2 24
$734.3M
$398.6M
Q1 24
$779.7M
$403.0M

Cash Flow & Capital Efficiency

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

Metric
ACLX
ACLX
POWW
POWW
Operating Cash FlowLast quarter
$-63.1M
$5.7M
Free Cash FlowOCF − Capex
$-63.9M
$5.0M
FCF MarginFCF / Revenue
-786.4%
37.6%
Capex IntensityCapex / Revenue
9.6%
4.8%
Cash ConversionOCF / Net Profit
2.55×
TTM Free Cash FlowTrailing 4 quarters
$-122.5M
$-2.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACLX
ACLX
POWW
POWW
Q4 25
$5.7M
Q3 25
$3.2M
Q2 25
$-6.7M
Q1 25
$-63.1M
$-1.5M
Q4 24
$-46.0M
$1.3M
Q3 24
$30.7M
$-9.3M
Q2 24
$-36.2M
$-547.5K
Q1 24
$-31.9M
$4.3M
Free Cash Flow
ACLX
ACLX
POWW
POWW
Q4 25
$5.0M
Q3 25
$2.5M
Q2 25
$-7.6M
Q1 25
$-63.9M
$-2.3M
Q4 24
$-47.5M
$720.3K
Q3 24
$28.4M
$-10.6M
Q2 24
$-39.5M
$-1.3M
Q1 24
$-38.3M
$1.4M
FCF Margin
ACLX
ACLX
POWW
POWW
Q4 25
37.6%
Q3 25
21.0%
Q2 25
-63.8%
Q1 25
-786.4%
-18.6%
Q4 24
-311.3%
5.8%
Q3 24
109.2%
-88.3%
Q2 24
-144.1%
-11.0%
Q1 24
-97.7%
-2.8%
Capex Intensity
ACLX
ACLX
POWW
POWW
Q4 25
4.8%
Q3 25
5.8%
Q2 25
7.5%
Q1 25
9.6%
6.5%
Q4 24
9.8%
4.4%
Q3 24
8.8%
10.4%
Q2 24
11.7%
6.5%
Q1 24
16.4%
-5.7%
Cash Conversion
ACLX
ACLX
POWW
POWW
Q4 25
2.55×
Q3 25
2.29×
Q2 25
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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