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Side-by-side financial comparison of ADAMAS TRUST, INC. (ADAM) and Organogenesis Holdings Inc. (ORGO). Click either name above to swap in a different company.

ADAMAS TRUST, INC. is the larger business by last-quarter revenue ($43.2M vs $37.2M, roughly 1.2× Organogenesis Holdings Inc.). On growth, ADAMAS TRUST, INC. posted the faster year-over-year revenue change (61.6% vs -57.1%). Over the past eight quarters, ADAMAS TRUST, INC.'s revenue compounded faster (55.5% CAGR vs -46.5%).

Organogenesis Holdings Inc. is a leading regenerative medicine firm specializing in developing and manufacturing advanced therapeutic products for wound care, surgical repair, sports medicine, and dermatology. It serves healthcare providers and patients primarily in the U.S. and select international markets, offering clinically validated solutions for unmet medical needs.

ADAM vs ORGO — Head-to-Head

Bigger by revenue
ADAM
ADAM
1.2× larger
ADAM
$43.2M
$37.2M
ORGO
Growing faster (revenue YoY)
ADAM
ADAM
+118.7% gap
ADAM
61.6%
-57.1%
ORGO
Faster 2-yr revenue CAGR
ADAM
ADAM
Annualised
ADAM
55.5%
-46.5%
ORGO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ADAM
ADAM
ORGO
ORGO
Revenue
$43.2M
$37.2M
Net Profit
$53.5M
Gross Margin
30.8%
Operating Margin
-185.1%
Net Margin
124.0%
Revenue YoY
61.6%
-57.1%
Net Profit YoY
270.5%
EPS (diluted)
$0.45

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
ADAM
ADAM
ORGO
ORGO
Q1 26
$37.2M
Q4 25
$43.2M
$225.6M
Q3 25
$36.6M
$150.9M
Q2 25
$36.4M
$101.0M
Q1 25
$33.1M
$86.7M
Q4 24
$26.7M
$126.7M
Q3 24
$20.2M
$115.2M
Q2 24
$19.0M
$130.2M
Net Profit
ADAM
ADAM
ORGO
ORGO
Q1 26
Q4 25
$53.5M
$43.7M
Q3 25
$44.8M
$21.6M
Q2 25
$8.5M
$-9.4M
Q1 25
$42.2M
$-18.8M
Q4 24
$-31.4M
$7.7M
Q3 24
$42.8M
$12.3M
Q2 24
$-15.6M
$-17.0M
Gross Margin
ADAM
ADAM
ORGO
ORGO
Q1 26
30.8%
Q4 25
Q3 25
Q2 25
Q1 25
72.6%
Q4 24
75.5%
Q3 24
76.7%
Q2 24
77.6%
Operating Margin
ADAM
ADAM
ORGO
ORGO
Q1 26
-185.1%
Q4 25
28.1%
Q3 25
13.7%
Q2 25
11.7%
-12.5%
Q1 25
-30.9%
Q4 24
-119.0%
8.1%
Q3 24
5.4%
Q2 24
-124.7%
-10.7%
Net Margin
ADAM
ADAM
ORGO
ORGO
Q1 26
Q4 25
124.0%
19.4%
Q3 25
122.5%
14.3%
Q2 25
23.4%
-9.3%
Q1 25
127.4%
-21.7%
Q4 24
-117.5%
6.1%
Q3 24
211.7%
10.7%
Q2 24
-81.9%
-13.1%
EPS (diluted)
ADAM
ADAM
ORGO
ORGO
Q1 26
Q4 25
$0.45
$0.31
Q3 25
$0.36
$0.11
Q2 25
$-0.04
$-0.10
Q1 25
$0.33
$-0.17
Q4 24
$-0.46
$0.05
Q3 24
$0.36
$0.09
Q2 24
$-0.29
$-0.13

Balance Sheet & Financial Strength

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

Metric
ADAM
ADAM
ORGO
ORGO
Cash + ST InvestmentsLiquidity on hand
$210.3M
$91.4M
Total DebtLower is stronger
$735.8M
Stockholders' EquityBook value
$1.4B
Total Assets
$12.6B
$520.0M
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADAM
ADAM
ORGO
ORGO
Q1 26
$91.4M
Q4 25
$210.3M
$93.7M
Q3 25
$185.3M
$63.7M
Q2 25
$160.4M
$73.1M
Q1 25
$177.1M
$110.0M
Q4 24
$167.4M
$135.6M
Q3 24
$195.1M
$94.3M
Q2 24
$235.5M
$89.9M
Total Debt
ADAM
ADAM
ORGO
ORGO
Q1 26
Q4 25
$735.8M
Q3 25
$766.6M
Q2 25
$653.0M
Q1 25
$654.4M
Q4 24
$573.2M
Q3 24
$699.4M
$62.3M
Q2 24
$800.7M
$63.8M
Stockholders' Equity
ADAM
ADAM
ORGO
ORGO
Q1 26
Q4 25
$1.4B
$300.1M
Q3 25
$1.4B
$255.1M
Q2 25
$1.4B
$233.2M
Q1 25
$1.4B
$242.9M
Q4 24
$1.4B
$262.9M
Q3 24
$1.4B
$278.5M
Q2 24
$1.4B
$263.5M
Total Assets
ADAM
ADAM
ORGO
ORGO
Q1 26
$520.0M
Q4 25
$12.6B
$598.7M
Q3 25
$12.4B
$509.8M
Q2 25
$10.6B
$461.1M
Q1 25
$10.0B
$467.4M
Q4 24
$9.2B
$497.9M
Q3 24
$8.9B
$446.3M
Q2 24
$8.2B
$443.2M
Debt / Equity
ADAM
ADAM
ORGO
ORGO
Q1 26
Q4 25
0.52×
Q3 25
0.55×
Q2 25
0.47×
Q1 25
0.47×
Q4 24
0.41×
Q3 24
0.48×
0.22×
Q2 24
0.56×
0.24×

Cash Flow & Capital Efficiency

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

Metric
ADAM
ADAM
ORGO
ORGO
Operating Cash FlowLast quarter
$134.0M
Free Cash FlowOCF − Capex
$125.9M
FCF MarginFCF / Revenue
291.6%
Capex IntensityCapex / Revenue
18.9%
Cash ConversionOCF / Net Profit
2.50×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADAM
ADAM
ORGO
ORGO
Q1 26
Q4 25
$134.0M
$39.4M
Q3 25
$6.9M
$3.1M
Q2 25
$39.2M
$-32.9M
Q1 25
$25.8M
$-19.9M
Q4 24
$14.1M
$10.9M
Q3 24
$-922.0K
$8.7M
Q2 24
$-993.0K
$4.7M
Free Cash Flow
ADAM
ADAM
ORGO
ORGO
Q1 26
Q4 25
$125.9M
$34.8M
Q3 25
$844.0K
Q2 25
$-36.5M
Q1 25
$-23.6M
Q4 24
$-10.6M
$7.6M
Q3 24
$-8.6M
$6.1M
Q2 24
$-8.6M
$2.9M
FCF Margin
ADAM
ADAM
ORGO
ORGO
Q1 26
Q4 25
291.6%
15.4%
Q3 25
0.6%
Q2 25
-36.1%
Q1 25
-27.2%
Q4 24
-39.6%
6.0%
Q3 24
-42.3%
5.3%
Q2 24
-44.9%
2.2%
Capex Intensity
ADAM
ADAM
ORGO
ORGO
Q1 26
Q4 25
18.9%
2.1%
Q3 25
1.5%
Q2 25
3.6%
Q1 25
4.2%
Q4 24
92.3%
2.7%
Q3 24
37.7%
2.2%
Q2 24
39.7%
1.4%
Cash Conversion
ADAM
ADAM
ORGO
ORGO
Q1 26
Q4 25
2.50×
0.90×
Q3 25
0.15×
0.14×
Q2 25
4.59×
Q1 25
0.61×
Q4 24
1.43×
Q3 24
-0.02×
0.71×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ADAM
ADAM

Other$19.6M45%
Constructive Loans LLC$14.4M33%
Multifamily$9.1M21%

ORGO
ORGO

Segment breakdown not available.

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