vs
Side-by-side financial comparison of ADAMAS TRUST, INC. (ADAM) and PROCEPT BioRobotics Corp (PRCT). Click either name above to swap in a different company.
PROCEPT BioRobotics Corp is the larger business by last-quarter revenue ($83.1M vs $43.2M, roughly 1.9× ADAMAS TRUST, INC.). ADAMAS TRUST, INC. runs the higher net margin — 124.0% vs -38.1%, a 162.0% gap on every dollar of revenue. On growth, ADAMAS TRUST, INC. posted the faster year-over-year revenue change (61.6% vs 20.2%). Over the past eight quarters, ADAMAS TRUST, INC.'s revenue compounded faster (55.5% CAGR vs 24.8%).
PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.
ADAM vs PRCT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $43.2M | $83.1M |
| Net Profit | $53.5M | $-31.6M |
| Gross Margin | — | 64.9% |
| Operating Margin | — | -4.1% |
| Net Margin | 124.0% | -38.1% |
| Revenue YoY | 61.6% | 20.2% |
| Net Profit YoY | 270.5% | -27.9% |
| EPS (diluted) | $0.45 | $-0.56 |
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.
| Q1 26 | — | $83.1M | ||
| Q4 25 | $43.2M | $76.4M | ||
| Q3 25 | $36.6M | $83.3M | ||
| Q2 25 | $36.4M | $79.2M | ||
| Q1 25 | $33.1M | $69.2M | ||
| Q4 24 | $26.7M | $68.2M | ||
| Q3 24 | $20.2M | $58.4M | ||
| Q2 24 | $19.0M | $53.4M |
| Q1 26 | — | $-31.6M | ||
| Q4 25 | $53.5M | $-29.8M | ||
| Q3 25 | $44.8M | $-21.4M | ||
| Q2 25 | $8.5M | $-19.6M | ||
| Q1 25 | $42.2M | $-24.7M | ||
| Q4 24 | $-31.4M | $-18.9M | ||
| Q3 24 | $42.8M | $-21.0M | ||
| Q2 24 | $-15.6M | $-25.6M |
| Q1 26 | — | 64.9% | ||
| Q4 25 | — | 60.6% | ||
| Q3 25 | — | 64.8% | ||
| Q2 25 | — | 65.4% | ||
| Q1 25 | — | 63.9% | ||
| Q4 24 | — | 64.0% | ||
| Q3 24 | — | 63.2% | ||
| Q2 24 | — | 59.0% |
| Q1 26 | — | -4.1% | ||
| Q4 25 | — | -40.6% | ||
| Q3 25 | — | -27.8% | ||
| Q2 25 | 11.7% | -28.0% | ||
| Q1 25 | — | -39.7% | ||
| Q4 24 | -119.0% | -28.9% | ||
| Q3 24 | — | -38.4% | ||
| Q2 24 | -124.7% | -50.3% |
| Q1 26 | — | -38.1% | ||
| Q4 25 | 124.0% | -39.1% | ||
| Q3 25 | 122.5% | -25.7% | ||
| Q2 25 | 23.4% | -24.7% | ||
| Q1 25 | 127.4% | -35.8% | ||
| Q4 24 | -117.5% | -27.6% | ||
| Q3 24 | 211.7% | -35.9% | ||
| Q2 24 | -81.9% | -48.0% |
| Q1 26 | — | $-0.56 | ||
| Q4 25 | $0.45 | $-0.54 | ||
| Q3 25 | $0.36 | $-0.38 | ||
| Q2 25 | $-0.04 | $-0.35 | ||
| Q1 25 | $0.33 | $-0.45 | ||
| Q4 24 | $-0.46 | $-0.34 | ||
| Q3 24 | $0.36 | $-0.40 | ||
| Q2 24 | $-0.29 | $-0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $210.3M | $245.6M |
| Total DebtLower is stronger | $735.8M | $51.7M |
| Stockholders' EquityBook value | $1.4B | $347.7M |
| Total Assets | $12.6B | $487.1M |
| Debt / EquityLower = less leverage | 0.52× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $245.6M | ||
| Q4 25 | $210.3M | $286.5M | ||
| Q3 25 | $185.3M | $294.3M | ||
| Q2 25 | $160.4M | $302.7M | ||
| Q1 25 | $177.1M | $316.2M | ||
| Q4 24 | $167.4M | $333.7M | ||
| Q3 24 | $195.1M | $196.8M | ||
| Q2 24 | $235.5M | $214.1M |
| Q1 26 | — | $51.7M | ||
| Q4 25 | $735.8M | $51.6M | ||
| Q3 25 | $766.6M | $51.6M | ||
| Q2 25 | $653.0M | $51.5M | ||
| Q1 25 | $654.4M | $51.5M | ||
| Q4 24 | $573.2M | $51.5M | ||
| Q3 24 | $699.4M | $51.4M | ||
| Q2 24 | $800.7M | $51.4M |
| Q1 26 | — | $347.7M | ||
| Q4 25 | $1.4B | $365.9M | ||
| Q3 25 | $1.4B | $380.3M | ||
| Q2 25 | $1.4B | $385.8M | ||
| Q1 25 | $1.4B | $389.2M | ||
| Q4 24 | $1.4B | $402.2M | ||
| Q3 24 | $1.4B | $241.2M | ||
| Q2 24 | $1.4B | $251.8M |
| Q1 26 | — | $487.1M | ||
| Q4 25 | $12.6B | $508.1M | ||
| Q3 25 | $12.4B | $511.5M | ||
| Q2 25 | $10.6B | $513.1M | ||
| Q1 25 | $10.0B | $519.4M | ||
| Q4 24 | $9.2B | $534.0M | ||
| Q3 24 | $8.9B | $374.1M | ||
| Q2 24 | $8.2B | $374.4M |
| Q1 26 | — | 0.15× | ||
| Q4 25 | 0.52× | 0.14× | ||
| Q3 25 | 0.55× | 0.14× | ||
| Q2 25 | 0.47× | 0.13× | ||
| Q1 25 | 0.47× | 0.13× | ||
| Q4 24 | 0.41× | 0.13× | ||
| Q3 24 | 0.48× | 0.21× | ||
| Q2 24 | 0.56× | 0.20× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $134.0M | $-10.3M | ||
| Q3 25 | $6.9M | $-6.6M | ||
| Q2 25 | $39.2M | $-15.0M | ||
| Q1 25 | $25.8M | $-17.0M | ||
| Q4 24 | $14.1M | $-32.4M | ||
| Q3 24 | $-922.0K | $-18.8M | ||
| Q2 24 | $-993.0K | $-15.7M |
| Q1 26 | — | — | ||
| Q4 25 | $125.9M | $-12.2M | ||
| Q3 25 | — | $-9.5M | ||
| Q2 25 | — | $-17.8M | ||
| Q1 25 | — | $-18.8M | ||
| Q4 24 | $-10.6M | $-33.6M | ||
| Q3 24 | $-8.6M | $-19.0M | ||
| Q2 24 | $-8.6M | $-16.8M |
| Q1 26 | — | — | ||
| Q4 25 | 291.6% | -15.9% | ||
| Q3 25 | — | -11.4% | ||
| Q2 25 | — | -22.5% | ||
| Q1 25 | — | -27.2% | ||
| Q4 24 | -39.6% | -49.2% | ||
| Q3 24 | -42.3% | -32.6% | ||
| Q2 24 | -44.9% | -31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 18.9% | 2.4% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 3.5% | ||
| Q1 25 | — | 2.7% | ||
| Q4 24 | 92.3% | 1.7% | ||
| Q3 24 | 37.7% | 0.4% | ||
| Q2 24 | 39.7% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 2.50× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 4.59× | — | ||
| Q1 25 | 0.61× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.02× | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADAM
| Other | $19.6M | 45% |
| Constructive Loans LLC | $14.4M | 33% |
| Multifamily | $9.1M | 21% |
PRCT
| Handpieces and other consumables | $43.0M | 52% |
| System sales and rentals | $23.4M | 28% |
| Other | $11.1M | 13% |
| Service | $5.6M | 7% |
