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Side-by-side financial comparison of ADMA BIOLOGICS, INC. (ADMA) and Loar Holdings Inc. (LOAR). Click either name above to swap in a different company.
ADMA BIOLOGICS, INC. is the larger business by last-quarter revenue ($139.2M vs $131.8M, roughly 1.1× Loar Holdings Inc.). ADMA BIOLOGICS, INC. runs the higher net margin — 35.5% vs 9.5%, a 26.0% gap on every dollar of revenue. On growth, Loar Holdings Inc. posted the faster year-over-year revenue change (19.3% vs 18.4%). Over the past eight quarters, ADMA BIOLOGICS, INC.'s revenue compounded faster (30.4% CAGR vs 19.8%).
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.
ADMA vs LOAR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $139.2M | $131.8M |
| Net Profit | $49.4M | $12.5M |
| Gross Margin | 63.8% | 52.1% |
| Operating Margin | 45.1% | 18.0% |
| Net Margin | 35.5% | 9.5% |
| Revenue YoY | 18.4% | 19.3% |
| Net Profit YoY | -55.9% | 239.5% |
| EPS (diluted) | $0.20 | $0.13 |
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 | $131.8M | ||
| Q3 25 | $134.2M | $126.8M | ||
| Q2 25 | $122.0M | $123.1M | ||
| Q1 25 | $114.8M | $114.7M | ||
| Q4 24 | $117.5M | $110.4M | ||
| Q3 24 | $119.8M | $103.5M | ||
| Q2 24 | $107.2M | $97.0M | ||
| Q1 24 | $81.9M | $91.8M |
| Q4 25 | $49.4M | $12.5M | ||
| Q3 25 | $36.4M | $27.6M | ||
| Q2 25 | $34.2M | $16.7M | ||
| Q1 25 | $26.9M | $15.3M | ||
| Q4 24 | $111.9M | $3.7M | ||
| Q3 24 | $35.9M | $8.7M | ||
| Q2 24 | $32.1M | $7.6M | ||
| Q1 24 | $17.8M | $2.2M |
| Q4 25 | 63.8% | 52.1% | ||
| Q3 25 | 56.3% | 52.7% | ||
| Q2 25 | 55.1% | 53.8% | ||
| Q1 25 | 53.2% | 52.1% | ||
| Q4 24 | 53.9% | 48.9% | ||
| Q3 24 | 49.8% | 51.1% | ||
| Q2 24 | 53.6% | 49.0% | ||
| Q1 24 | 47.8% | 48.4% |
| Q4 25 | 45.1% | 18.0% | ||
| Q3 25 | 38.0% | 22.9% | ||
| Q2 25 | 35.1% | 22.2% | ||
| Q1 25 | 30.4% | 22.8% | ||
| Q4 24 | 32.6% | 19.2% | ||
| Q3 24 | 33.1% | 22.1% | ||
| Q2 24 | 36.6% | 22.9% | ||
| Q1 24 | 26.7% | 23.3% |
| Q4 25 | 35.5% | 9.5% | ||
| Q3 25 | 27.1% | 21.8% | ||
| Q2 25 | 28.1% | 13.6% | ||
| Q1 25 | 23.4% | 13.4% | ||
| Q4 24 | 95.2% | 3.3% | ||
| Q3 24 | 30.0% | 8.4% | ||
| Q2 24 | 29.9% | 7.9% | ||
| Q1 24 | 21.7% | 2.4% |
| Q4 25 | $0.20 | $0.13 | ||
| Q3 25 | $0.15 | $0.29 | ||
| Q2 25 | $0.14 | $0.17 | ||
| Q1 25 | $0.11 | $0.16 | ||
| Q4 24 | $0.45 | $-11023.48 | ||
| Q3 24 | $0.15 | $0.09 | ||
| Q2 24 | $0.13 | $0.09 | ||
| Q1 24 | $0.08 | $11023.54 |
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 | $84.8M |
| Total DebtLower is stronger | $72.1M | $715.7M |
| Stockholders' EquityBook value | $477.3M | $1.2B |
| Total Assets | $624.2M | $2.0B |
| Debt / EquityLower = less leverage | 0.15× | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $87.6M | $84.8M | ||
| Q3 25 | $61.4M | $99.0M | ||
| Q2 25 | $90.3M | $103.3M | ||
| Q1 25 | $71.6M | $80.5M | ||
| Q4 24 | $103.1M | $54.1M | ||
| Q3 24 | $86.7M | $55.2M | ||
| Q2 24 | $88.2M | $73.2M | ||
| Q1 24 | $45.3M | $28.2M |
| Q4 25 | $72.1M | $715.7M | ||
| Q3 25 | $72.4M | $279.4M | ||
| Q2 25 | — | $277.7M | ||
| Q1 25 | — | $277.5M | ||
| Q4 24 | $72.3M | $277.3M | ||
| Q3 24 | — | $602.1M | ||
| Q2 24 | — | $250.7M | ||
| Q1 24 | — | $534.2M |
| Q4 25 | $477.3M | $1.2B | ||
| Q3 25 | $431.2M | $1.2B | ||
| Q2 25 | $398.3M | $1.1B | ||
| Q1 25 | $373.4M | $1.1B | ||
| Q4 24 | $349.0M | $1.1B | ||
| Q3 24 | $231.9M | $769.8M | ||
| Q2 24 | $188.3M | $758.4M | ||
| Q1 24 | $153.7M | $420.6M |
| Q4 25 | $624.2M | $2.0B | ||
| Q3 25 | $568.7M | $1.5B | ||
| Q2 25 | $558.4M | $1.5B | ||
| Q1 25 | $510.6M | $1.5B | ||
| Q4 24 | $488.7M | $1.5B | ||
| Q3 24 | $390.6M | $1.5B | ||
| Q2 24 | $376.4M | $1.1B | ||
| Q1 24 | $350.9M | $1.1B |
| Q4 25 | 0.15× | 0.61× | ||
| Q3 25 | 0.17× | 0.24× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | 0.21× | 0.25× | ||
| Q3 24 | — | 0.78× | ||
| Q2 24 | — | 0.33× | ||
| Q1 24 | — | 1.27× |
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 | $30.4M |
| Free Cash FlowOCF − Capex | $34.6M | — |
| FCF MarginFCF / Revenue | 24.8% | — |
| Capex IntensityCapex / Revenue | 0.8% | — |
| Cash ConversionOCF / Net Profit | 0.72× | 2.43× |
| TTM Free Cash FlowTrailing 4 quarters | $27.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $35.6M | $30.4M | ||
| Q3 25 | $13.3M | $29.7M | ||
| Q2 25 | $21.1M | $23.8M | ||
| Q1 25 | $-19.7M | $28.4M | ||
| Q4 24 | $50.2M | $20.7M | ||
| Q3 24 | $25.0M | $16.3M | ||
| Q2 24 | $45.6M | $7.1M | ||
| Q1 24 | $-2.2M | $10.8M |
| Q4 25 | $34.6M | — | ||
| Q3 25 | $-1.1M | — | ||
| Q2 25 | $18.7M | — | ||
| Q1 25 | $-24.4M | — | ||
| Q4 24 | $47.5M | — | ||
| Q3 24 | $24.0M | — | ||
| Q2 24 | $43.6M | — | ||
| Q1 24 | $-4.6M | — |
| Q4 25 | 24.8% | — | ||
| Q3 25 | -0.8% | — | ||
| Q2 25 | 15.3% | — | ||
| Q1 25 | -21.2% | — | ||
| Q4 24 | 40.4% | — | ||
| Q3 24 | 20.0% | — | ||
| Q2 24 | 40.7% | — | ||
| Q1 24 | -5.6% | — |
| Q4 25 | 0.8% | — | ||
| Q3 25 | 10.7% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 4.1% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 1.9% | — | ||
| Q1 24 | 2.9% | — |
| Q4 25 | 0.72× | 2.43× | ||
| Q3 25 | 0.36× | 1.08× | ||
| Q2 25 | 0.62× | 1.42× | ||
| Q1 25 | -0.73× | 1.85× | ||
| Q4 24 | 0.45× | 5.62× | ||
| Q3 24 | 0.70× | 1.89× | ||
| Q2 24 | 1.42× | 0.93× | ||
| Q1 24 | -0.12× | 4.81× |
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% |
LOAR
| Other | $76.8M | 58% |
| Commercial Aerospace | $21.2M | 16% |
| Business Jet And General Aviation | $17.6M | 13% |
| Defense | $16.2M | 12% |
