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Side-by-side financial comparison of AETHLON MEDICAL INC (AEMD) and ARTIVION, INC. (AORT). Click either name above to swap in a different company.

ARTIVION, INC. is the larger business by last-quarter revenue ($116.0M vs $60.0K, roughly 1934.4× AETHLON MEDICAL INC). ARTIVION, INC. runs the higher net margin — 2.1% vs -2926.4%, a 2928.5% gap on every dollar of revenue. AETHLON MEDICAL INC produced more free cash flow last quarter ($-2.0M vs $-7.9M).

Aethlon Medical Inc. is a clinical-stage medical technology firm that develops targeted therapeutic devices to address life-threatening health conditions. Its lead product, the Hemopurifier, is designed to remove harmful viruses, cancer-derived exosomes, and other pathogens from the bloodstream. The company primarily operates in the infectious disease and oncology healthcare segments, with main market presence in North America.

Artivion, Inc. is a distributor of cryogenically preserved human tissues for cardiac and vascular transplant applications and develops medical devices. Among its products are human heart valves, which are treated to remove excess cellular material and antigens, and BioGlue surgical adhesive.

AEMD vs AORT — Head-to-Head

Bigger by revenue
AORT
AORT
1934.4× larger
AORT
$116.0M
$60.0K
AEMD
Higher net margin
AORT
AORT
2928.5% more per $
AORT
2.1%
-2926.4%
AEMD
More free cash flow
AEMD
AEMD
$5.9M more FCF
AEMD
$-2.0M
$-7.9M
AORT

Income Statement — Q3 2025 vs Q4 2025

Metric
AEMD
AEMD
AORT
AORT
Revenue
$60.0K
$116.0M
Net Profit
$-1.8M
$2.4M
Gross Margin
63.1%
Operating Margin
-3026.4%
9.2%
Net Margin
-2926.4%
2.1%
Revenue YoY
19.2%
Net Profit YoY
49.4%
114.7%
EPS (diluted)
$-10.05
$0.06

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
AEMD
AEMD
AORT
AORT
Q4 25
$116.0M
Q3 25
$113.4M
Q2 25
$113.0M
Q1 25
$99.0M
Q4 24
$60.0K
$97.3M
Q3 24
$95.1K
$95.8M
Q2 24
$98.0M
Q1 24
$97.4M
Net Profit
AEMD
AEMD
AORT
AORT
Q4 25
$2.4M
Q3 25
$6.5M
Q2 25
$1.3M
Q1 25
$-505.0K
Q4 24
$-1.8M
$-16.5M
Q3 24
$-2.8M
$-2.3M
Q2 24
$-2.1M
Q1 24
$7.5M
Gross Margin
AEMD
AEMD
AORT
AORT
Q4 25
63.1%
Q3 25
65.6%
Q2 25
64.7%
Q1 25
64.2%
Q4 24
63.2%
Q3 24
63.7%
Q2 24
64.6%
Q1 24
64.6%
Operating Margin
AEMD
AEMD
AORT
AORT
Q4 25
9.2%
Q3 25
11.1%
Q2 25
7.4%
Q1 25
2.2%
Q4 24
-3026.4%
2.7%
Q3 24
-3050.2%
4.6%
Q2 24
6.6%
Q1 24
26.0%
Net Margin
AEMD
AEMD
AORT
AORT
Q4 25
2.1%
Q3 25
5.7%
Q2 25
1.2%
Q1 25
-0.5%
Q4 24
-2926.4%
-16.9%
Q3 24
-2950.2%
-2.4%
Q2 24
-2.2%
Q1 24
7.7%
EPS (diluted)
AEMD
AEMD
AORT
AORT
Q4 25
$0.06
Q3 25
$0.13
Q2 25
$0.03
Q1 25
$-0.01
Q4 24
$-10.05
$-0.40
Q3 24
$-16.11
$-0.05
Q2 24
$-0.05
Q1 24
$0.18

Balance Sheet & Financial Strength

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

Metric
AEMD
AEMD
AORT
AORT
Cash + ST InvestmentsLiquidity on hand
$4.8M
$64.9M
Total DebtLower is stronger
$215.1M
Stockholders' EquityBook value
$4.3M
$448.2M
Total Assets
$6.5M
$884.8M
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEMD
AEMD
AORT
AORT
Q4 25
$64.9M
Q3 25
$73.4M
Q2 25
$53.5M
Q1 25
$37.7M
Q4 24
$4.8M
$53.5M
Q3 24
$6.9M
$56.2M
Q2 24
$55.0M
Q1 24
$51.1M
Total Debt
AEMD
AEMD
AORT
AORT
Q4 25
$215.1M
Q3 25
$214.9M
Q2 25
$215.6M
Q1 25
$314.7M
Q4 24
$314.3M
Q3 24
$314.0M
Q2 24
$313.6M
Q1 24
$313.3M
Stockholders' Equity
AEMD
AEMD
AORT
AORT
Q4 25
$448.2M
Q3 25
$438.7M
Q2 25
$419.9M
Q1 25
$294.3M
Q4 24
$4.3M
$276.2M
Q3 24
$6.0M
$304.7M
Q2 24
$295.1M
Q1 24
$295.0M
Total Assets
AEMD
AEMD
AORT
AORT
Q4 25
$884.8M
Q3 25
$857.7M
Q2 25
$838.4M
Q1 25
$791.2M
Q4 24
$6.5M
$789.1M
Q3 24
$8.8M
$803.1M
Q2 24
$789.5M
Q1 24
$784.0M
Debt / Equity
AEMD
AEMD
AORT
AORT
Q4 25
0.48×
Q3 25
0.49×
Q2 25
0.51×
Q1 25
1.07×
Q4 24
1.14×
Q3 24
1.03×
Q2 24
1.06×
Q1 24
1.06×

Cash Flow & Capital Efficiency

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

Metric
AEMD
AEMD
AORT
AORT
Operating Cash FlowLast quarter
$-2.0M
$19.6M
Free Cash FlowOCF − Capex
$-2.0M
$-7.9M
FCF MarginFCF / Revenue
-3357.0%
-6.9%
Capex IntensityCapex / Revenue
3.7%
23.7%
Cash ConversionOCF / Net Profit
8.06×
TTM Free Cash FlowTrailing 4 quarters
$839.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEMD
AEMD
AORT
AORT
Q4 25
$19.6M
Q3 25
$22.3M
Q2 25
$15.0M
Q1 25
$-17.0M
Q4 24
$-2.0M
$10.1M
Q3 24
$-2.2M
$11.5M
Q2 24
$6.1M
Q1 24
$-5.5M
Free Cash Flow
AEMD
AEMD
AORT
AORT
Q4 25
$-7.9M
Q3 25
$17.7M
Q2 25
$11.7M
Q1 25
$-20.6M
Q4 24
$-2.0M
$8.7M
Q3 24
$7.8M
Q2 24
$3.6M
Q1 24
$-9.1M
FCF Margin
AEMD
AEMD
AORT
AORT
Q4 25
-6.9%
Q3 25
15.6%
Q2 25
10.4%
Q1 25
-20.8%
Q4 24
-3357.0%
9.0%
Q3 24
8.2%
Q2 24
3.7%
Q1 24
-9.3%
Capex Intensity
AEMD
AEMD
AORT
AORT
Q4 25
23.7%
Q3 25
4.1%
Q2 25
2.9%
Q1 25
3.7%
Q4 24
3.7%
1.5%
Q3 24
0.0%
3.8%
Q2 24
2.6%
Q1 24
3.7%
Cash Conversion
AEMD
AEMD
AORT
AORT
Q4 25
8.06×
Q3 25
3.42×
Q2 25
11.16×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AEMD
AEMD

Segment breakdown not available.

AORT
AORT

Aortic Stent Grafts$43.3M37%
On X$27.8M24%
Preservation Services$24.1M21%
Surgical Sealants$20.3M18%
Other Products$463.0K0%

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