vs

Side-by-side financial comparison of ADAMAS TRUST, INC. (ADAM) and Quanterix Corp (QTRX). Click either name above to swap in a different company.

Quanterix Corp is the larger business by last-quarter revenue ($43.9M vs $43.2M, roughly 1.0× ADAMAS TRUST, INC.). ADAMAS TRUST, INC. runs the higher net margin — 124.0% vs -52.7%, a 176.7% gap on every dollar of revenue. On growth, ADAMAS TRUST, INC. posted the faster year-over-year revenue change (61.6% vs 24.7%). ADAMAS TRUST, INC. produced more free cash flow last quarter ($125.9M vs $-16.5M). Over the past eight quarters, ADAMAS TRUST, INC.'s revenue compounded faster (55.5% CAGR vs 16.9%).

Quanterix Corp is a life sciences firm that develops, manufactures, and commercializes ultra-sensitive single-molecule detection diagnostic platforms, reagents, and testing services. Its solutions empower biological research, drug development, and clinical diagnostics across oncology, neurodegenerative disorders, infectious diseases, and other therapeutic areas, serving research institutions, biopharmaceutical companies, and clinical laboratories globally.

ADAM vs QTRX — Head-to-Head

Bigger by revenue
QTRX
QTRX
1.0× larger
QTRX
$43.9M
$43.2M
ADAM
Growing faster (revenue YoY)
ADAM
ADAM
+36.9% gap
ADAM
61.6%
24.7%
QTRX
Higher net margin
ADAM
ADAM
176.7% more per $
ADAM
124.0%
-52.7%
QTRX
More free cash flow
ADAM
ADAM
$142.4M more FCF
ADAM
$125.9M
$-16.5M
QTRX
Faster 2-yr revenue CAGR
ADAM
ADAM
Annualised
ADAM
55.5%
16.9%
QTRX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ADAM
ADAM
QTRX
QTRX
Revenue
$43.2M
$43.9M
Net Profit
$53.5M
$-23.1M
Gross Margin
45.7%
Operating Margin
-56.4%
Net Margin
124.0%
-52.7%
Revenue YoY
61.6%
24.7%
Net Profit YoY
270.5%
-98.8%
EPS (diluted)
$0.45
$-0.48

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
QTRX
QTRX
Q4 25
$43.2M
$43.9M
Q3 25
$36.6M
$40.2M
Q2 25
$36.4M
$24.5M
Q1 25
$33.1M
$30.3M
Q4 24
$26.7M
$35.2M
Q3 24
$20.2M
$35.8M
Q2 24
$19.0M
$34.4M
Q1 24
$17.9M
$32.1M
Net Profit
ADAM
ADAM
QTRX
QTRX
Q4 25
$53.5M
$-23.1M
Q3 25
$44.8M
$-33.5M
Q2 25
$8.5M
$-30.0M
Q1 25
$42.2M
$-20.5M
Q4 24
$-31.4M
$-11.6M
Q3 24
$42.8M
$-8.4M
Q2 24
$-15.6M
$-7.4M
Q1 24
$-57.9M
$-11.2M
Gross Margin
ADAM
ADAM
QTRX
QTRX
Q4 25
45.7%
Q3 25
42.8%
Q2 25
46.2%
Q1 25
54.1%
Q4 24
63.0%
Q3 24
56.3%
Q2 24
64.7%
Q1 24
57.8%
Operating Margin
ADAM
ADAM
QTRX
QTRX
Q4 25
-56.4%
Q3 25
-92.8%
Q2 25
11.7%
-151.6%
Q1 25
-86.9%
Q4 24
-119.0%
-42.0%
Q3 24
-32.8%
Q2 24
-124.7%
-31.8%
Q1 24
-448.8%
-47.3%
Net Margin
ADAM
ADAM
QTRX
QTRX
Q4 25
124.0%
-52.7%
Q3 25
122.5%
-83.3%
Q2 25
23.4%
-122.6%
Q1 25
127.4%
-67.6%
Q4 24
-117.5%
-33.1%
Q3 24
211.7%
-23.3%
Q2 24
-81.9%
-21.5%
Q1 24
-324.1%
-34.8%
EPS (diluted)
ADAM
ADAM
QTRX
QTRX
Q4 25
$0.45
$-0.48
Q3 25
$0.36
$-0.73
Q2 25
$-0.04
$-0.77
Q1 25
$0.33
$-0.53
Q4 24
$-0.46
$-0.30
Q3 24
$0.36
$-0.22
Q2 24
$-0.29
$-0.19
Q1 24
$-0.75
$-0.29

Balance Sheet & Financial Strength

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

Metric
ADAM
ADAM
QTRX
QTRX
Cash + ST InvestmentsLiquidity on hand
$210.3M
$29.8M
Total DebtLower is stronger
$735.8M
Stockholders' EquityBook value
$1.4B
$295.7M
Total Assets
$12.6B
$418.8M
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADAM
ADAM
QTRX
QTRX
Q4 25
$210.3M
$29.8M
Q3 25
$185.3M
$38.3M
Q2 25
$160.4M
$132.9M
Q1 25
$177.1M
$76.5M
Q4 24
$167.4M
$56.7M
Q3 24
$195.1M
$29.3M
Q2 24
$235.5M
$47.0M
Q1 24
$226.9M
$45.3M
Total Debt
ADAM
ADAM
QTRX
QTRX
Q4 25
$735.8M
Q3 25
$766.6M
Q2 25
$653.0M
Q1 25
$654.4M
Q4 24
$573.2M
Q3 24
$699.4M
Q2 24
$800.7M
Q1 24
$1.0B
Stockholders' Equity
ADAM
ADAM
QTRX
QTRX
Q4 25
$1.4B
$295.7M
Q3 25
$1.4B
$314.5M
Q2 25
$1.4B
$292.5M
Q1 25
$1.4B
$316.4M
Q4 24
$1.4B
$330.0M
Q3 24
$1.4B
$338.9M
Q2 24
$1.4B
$340.8M
Q1 24
$1.5B
$343.4M
Total Assets
ADAM
ADAM
QTRX
QTRX
Q4 25
$12.6B
$418.8M
Q3 25
$12.4B
$444.1M
Q2 25
$10.6B
$375.6M
Q1 25
$10.0B
$396.5M
Q4 24
$9.2B
$406.5M
Q3 24
$8.9B
$411.0M
Q2 24
$8.2B
$415.9M
Q1 24
$7.4B
$414.2M
Debt / Equity
ADAM
ADAM
QTRX
QTRX
Q4 25
0.52×
Q3 25
0.55×
Q2 25
0.47×
Q1 25
0.47×
Q4 24
0.41×
Q3 24
0.48×
Q2 24
0.56×
Q1 24
0.67×

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
QTRX
QTRX
Operating Cash FlowLast quarter
$134.0M
$-16.4M
Free Cash FlowOCF − Capex
$125.9M
$-16.5M
FCF MarginFCF / Revenue
291.6%
-37.7%
Capex IntensityCapex / Revenue
18.9%
0.2%
Cash ConversionOCF / Net Profit
2.50×
TTM Free Cash FlowTrailing 4 quarters
$-80.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADAM
ADAM
QTRX
QTRX
Q4 25
$134.0M
$-16.4M
Q3 25
$6.9M
$-41.2M
Q2 25
$39.2M
$-5.7M
Q1 25
$25.8M
$-13.9M
Q4 24
$14.1M
$-4.3M
Q3 24
$-922.0K
$-5.7M
Q2 24
$-993.0K
$-5.0M
Q1 24
$-13.1M
$-20.2M
Free Cash Flow
ADAM
ADAM
QTRX
QTRX
Q4 25
$125.9M
$-16.5M
Q3 25
$-41.9M
Q2 25
$-6.4M
Q1 25
$-15.1M
Q4 24
$-10.6M
$-4.7M
Q3 24
$-8.6M
$-6.6M
Q2 24
$-8.6M
$-6.5M
Q1 24
$-19.1M
$-20.7M
FCF Margin
ADAM
ADAM
QTRX
QTRX
Q4 25
291.6%
-37.7%
Q3 25
-104.2%
Q2 25
-26.3%
Q1 25
-49.9%
Q4 24
-39.6%
-13.4%
Q3 24
-42.3%
-18.4%
Q2 24
-44.9%
-19.1%
Q1 24
-107.0%
-64.5%
Capex Intensity
ADAM
ADAM
QTRX
QTRX
Q4 25
18.9%
0.2%
Q3 25
1.7%
Q2 25
3.2%
Q1 25
4.1%
Q4 24
92.3%
1.2%
Q3 24
37.7%
2.4%
Q2 24
39.7%
4.7%
Q1 24
33.5%
1.6%
Cash Conversion
ADAM
ADAM
QTRX
QTRX
Q4 25
2.50×
Q3 25
0.15×
Q2 25
4.59×
Q1 25
0.61×
Q4 24
Q3 24
-0.02×
Q2 24
Q1 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%

QTRX
QTRX

Products$29.2M67%
Consumable And Other Products$12.7M29%
Service Type Warranties$1.7M4%

Related Comparisons