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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
Income Statement — Q3 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
Segment breakdown not available.
AORT
| Aortic Stent Grafts | $43.3M | 37% |
| On X | $27.8M | 24% |
| Preservation Services | $24.1M | 21% |
| Surgical Sealants | $20.3M | 18% |
| Other Products | $463.0K | 0% |