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Side-by-side financial comparison of ADMA BIOLOGICS, INC. (ADMA) and Honest Company, Inc. (HNST). Click either name above to swap in a different company.
ADMA BIOLOGICS, INC. is the larger business by last-quarter revenue ($139.2M vs $88.0M, roughly 1.6× Honest Company, Inc.). ADMA BIOLOGICS, INC. runs the higher net margin — 35.5% vs -26.8%, a 62.3% gap on every dollar of revenue. On growth, ADMA BIOLOGICS, INC. posted the faster year-over-year revenue change (18.4% vs -11.8%). ADMA BIOLOGICS, INC. produced more free cash flow last quarter ($34.6M vs $18.1M). Over the past eight quarters, ADMA BIOLOGICS, INC.'s revenue compounded faster (30.4% CAGR vs 1.0%).
ADMA Biologics Inc. is a biopharmaceutical enterprise focused on the research, development, manufacturing and commercialization of specialty plasma-derived immunoglobulin therapies. It primarily operates in the United States, catering to patients with primary immunodeficiency and other immune-related disorders, healthcare providers and medical institutions across its core immune health therapeutic segment.
The Honest Company, Inc. is an American digital-first consumer goods company, based in Los Angeles and founded by actress Jessica Alba, Christopher Gavigan, and Brian Lee. The company had $319 million in 2021 sales, and was valued at roughly $550 million as of February 2022. Carla Vernón, Chief Executive Officer, is one of the first Afro-Latina CEOs of a U.S. publicly traded company. The Honest Company has raised multiple rounds of venture capital, and went public via an initial public offeri...
ADMA vs HNST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $139.2M | $88.0M |
| Net Profit | $49.4M | $-23.6M |
| Gross Margin | 63.8% | 15.7% |
| Operating Margin | 45.1% | -27.5% |
| Net Margin | 35.5% | -26.8% |
| Revenue YoY | 18.4% | -11.8% |
| Net Profit YoY | -55.9% | -2813.2% |
| EPS (diluted) | $0.20 | $-0.21 |
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.
| Q4 25 | $139.2M | $88.0M | ||
| Q3 25 | $134.2M | $92.6M | ||
| Q2 25 | $122.0M | $93.5M | ||
| Q1 25 | $114.8M | $97.3M | ||
| Q4 24 | $117.5M | $99.8M | ||
| Q3 24 | $119.8M | $99.2M | ||
| Q2 24 | $107.2M | $93.0M | ||
| Q1 24 | $81.9M | $86.2M |
| Q4 25 | $49.4M | $-23.6M | ||
| Q3 25 | $36.4M | $758.0K | ||
| Q2 25 | $34.2M | $3.9M | ||
| Q1 25 | $26.9M | $3.3M | ||
| Q4 24 | $111.9M | $-809.0K | ||
| Q3 24 | $35.9M | $165.0K | ||
| Q2 24 | $32.1M | $-4.1M | ||
| Q1 24 | $17.8M | $-1.4M |
| Q4 25 | 63.8% | 15.7% | ||
| Q3 25 | 56.3% | 37.3% | ||
| Q2 25 | 55.1% | 40.4% | ||
| Q1 25 | 53.2% | 38.7% | ||
| Q4 24 | 53.9% | 38.8% | ||
| Q3 24 | 49.8% | 38.7% | ||
| Q2 24 | 53.6% | 38.3% | ||
| Q1 24 | 47.8% | 37.0% |
| Q4 25 | 45.1% | -27.5% | ||
| Q3 25 | 38.0% | 0.3% | ||
| Q2 25 | 35.1% | 3.1% | ||
| Q1 25 | 30.4% | 2.6% | ||
| Q4 24 | 32.6% | -1.0% | ||
| Q3 24 | 33.1% | 0.1% | ||
| Q2 24 | 36.6% | -4.3% | ||
| Q1 24 | 26.7% | -1.5% |
| Q4 25 | 35.5% | -26.8% | ||
| Q3 25 | 27.1% | 0.8% | ||
| Q2 25 | 28.1% | 4.1% | ||
| Q1 25 | 23.4% | 3.3% | ||
| Q4 24 | 95.2% | -0.8% | ||
| Q3 24 | 30.0% | 0.2% | ||
| Q2 24 | 29.9% | -4.4% | ||
| Q1 24 | 21.7% | -1.6% |
| Q4 25 | $0.20 | $-0.21 | ||
| Q3 25 | $0.15 | $0.01 | ||
| Q2 25 | $0.14 | $0.03 | ||
| Q1 25 | $0.11 | $0.03 | ||
| Q4 24 | $0.45 | $-0.01 | ||
| Q3 24 | $0.15 | $0.00 | ||
| Q2 24 | $0.13 | $-0.04 | ||
| Q1 24 | $0.08 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $87.6M | $89.6M |
| Total DebtLower is stronger | $72.1M | — |
| Stockholders' EquityBook value | $477.3M | $169.7M |
| Total Assets | $624.2M | $225.4M |
| Debt / EquityLower = less leverage | 0.15× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $87.6M | $89.6M | ||
| Q3 25 | $61.4M | $71.5M | ||
| Q2 25 | $90.3M | $72.1M | ||
| Q1 25 | $71.6M | $72.8M | ||
| Q4 24 | $103.1M | $75.4M | ||
| Q3 24 | $86.7M | $53.4M | ||
| Q2 24 | $88.2M | $36.6M | ||
| Q1 24 | $45.3M | $33.6M |
| Q4 25 | $72.1M | — | ||
| Q3 25 | $72.4M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $72.3M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $477.3M | $169.7M | ||
| Q3 25 | $431.2M | $190.2M | ||
| Q2 25 | $398.3M | $187.0M | ||
| Q1 25 | $373.4M | $180.4M | ||
| Q4 24 | $349.0M | $174.3M | ||
| Q3 24 | $231.9M | $133.9M | ||
| Q2 24 | $188.3M | $129.7M | ||
| Q1 24 | $153.7M | $124.8M |
| Q4 25 | $624.2M | $225.4M | ||
| Q3 25 | $568.7M | $241.5M | ||
| Q2 25 | $558.4M | $249.0M | ||
| Q1 25 | $510.6M | $265.3M | ||
| Q4 24 | $488.7M | $247.4M | ||
| Q3 24 | $390.6M | $209.2M | ||
| Q2 24 | $376.4M | $200.2M | ||
| Q1 24 | $350.9M | $198.1M |
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $35.6M | $19.3M |
| Free Cash FlowOCF − Capex | $34.6M | $18.1M |
| FCF MarginFCF / Revenue | 24.8% | 20.5% |
| Capex IntensityCapex / Revenue | 0.8% | 1.4% |
| Cash ConversionOCF / Net Profit | 0.72× | — |
| TTM Free Cash FlowTrailing 4 quarters | $27.8M | $13.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $35.6M | $19.3M | ||
| Q3 25 | $13.3M | $-504.0K | ||
| Q2 25 | $21.1M | $-745.0K | ||
| Q1 25 | $-19.7M | $-2.9M | ||
| Q4 24 | $50.2M | $-16.8M | ||
| Q3 24 | $25.0M | $15.1M | ||
| Q2 24 | $45.6M | $2.9M | ||
| Q1 24 | $-2.2M | $336.0K |
| Q4 25 | $34.6M | $18.1M | ||
| Q3 25 | $-1.1M | $-624.0K | ||
| Q2 25 | $18.7M | $-826.0K | ||
| Q1 25 | $-24.4M | $-3.0M | ||
| Q4 24 | $47.5M | $-17.2M | ||
| Q3 24 | $24.0M | $15.0M | ||
| Q2 24 | $43.6M | $2.9M | ||
| Q1 24 | $-4.6M | $260.0K |
| Q4 25 | 24.8% | 20.5% | ||
| Q3 25 | -0.8% | -0.7% | ||
| Q2 25 | 15.3% | -0.9% | ||
| Q1 25 | -21.2% | -3.1% | ||
| Q4 24 | 40.4% | -17.2% | ||
| Q3 24 | 20.0% | 15.1% | ||
| Q2 24 | 40.7% | 3.1% | ||
| Q1 24 | -5.6% | 0.3% |
| Q4 25 | 0.8% | 1.4% | ||
| Q3 25 | 10.7% | 0.1% | ||
| Q2 25 | 2.0% | 0.1% | ||
| Q1 25 | 4.1% | 0.1% | ||
| Q4 24 | 2.3% | 0.3% | ||
| Q3 24 | 0.9% | 0.1% | ||
| Q2 24 | 1.9% | 0.0% | ||
| Q1 24 | 2.9% | 0.1% |
| Q4 25 | 0.72× | — | ||
| Q3 25 | 0.36× | -0.66× | ||
| Q2 25 | 0.62× | -0.19× | ||
| Q1 25 | -0.73× | -0.90× | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | 0.70× | 91.42× | ||
| Q2 24 | 1.42× | — | ||
| Q1 24 | -0.12× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADMA
| ADMA Bio Manufacturing Segment | $123.1M | 88% |
| Other | $16.0M | 12% |
HNST
Segment breakdown not available.
