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Side-by-side financial comparison of AGENUS INC (AGEN) and Avidia Bancorp, Inc. (AVBC). Click either name above to swap in a different company.

AGENUS INC is the larger business by last-quarter revenue ($34.2M vs $26.8M, roughly 1.3× Avidia Bancorp, Inc.). Avidia Bancorp, Inc. runs the higher net margin — 22.9% vs -31.0%, a 53.9% gap on every dollar of revenue.

Agenus Inc. is a Lexington, Massachusetts-based biotechnology company focused on immunotherapy including immuno-oncology, a field that uses the immune system to control or cure cancer. The company is developing checkpoint modulators (CPMs), patient-specific anti-cancer vaccines, and adjuvants designed for use with various vaccines. CPM development is a particularly fast-moving field, since early products have produced unprecedented clinical benefits for patients.

Avidia Bank is an American mutual community bank headquartered in Hudson, Massachusetts. It was founded in 2007 when it was formed by a merger between Hudson Savings Bank and Westborough Bank.

AGEN vs AVBC — Head-to-Head

Bigger by revenue
AGEN
AGEN
1.3× larger
AGEN
$34.2M
$26.8M
AVBC
Higher net margin
AVBC
AVBC
53.9% more per $
AVBC
22.9%
-31.0%
AGEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AGEN
AGEN
AVBC
AVBC
Revenue
$34.2M
$26.8M
Net Profit
$-10.6M
$5.3M
Gross Margin
Operating Margin
42.1%
33.3%
Net Margin
-31.0%
22.9%
Revenue YoY
27.5%
Net Profit YoY
77.3%
EPS (diluted)
$0.09

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
AGEN
AGEN
AVBC
AVBC
Q4 25
$34.2M
$26.8M
Q3 25
$30.2M
$28.0M
Q2 25
$25.7M
$25.9M
Q1 25
$24.1M
$22.9M
Q4 24
$26.8M
Q3 24
$25.1M
Q2 24
$23.5M
Q1 24
$28.0M
Net Profit
AGEN
AGEN
AVBC
AVBC
Q4 25
$-10.6M
$5.3M
Q3 25
$63.9M
$-907.0K
Q2 25
$-30.0M
$3.9M
Q1 25
$-26.4M
$-11.6M
Q4 24
$-46.8M
Q3 24
$-67.2M
Q2 24
$-54.8M
Q1 24
$-63.5M
Gross Margin
AGEN
AGEN
AVBC
AVBC
Q4 25
Q3 25
97.9%
Q2 25
99.1%
Q1 25
99.4%
Q4 24
99.6%
Q3 24
99.4%
Q2 24
99.5%
Q1 24
99.6%
Operating Margin
AGEN
AGEN
AVBC
AVBC
Q4 25
42.1%
33.3%
Q3 25
-15.0%
-7.0%
Q2 25
-65.0%
19.4%
Q1 25
-55.3%
-72.0%
Q4 24
-96.5%
Q3 24
-125.5%
Q2 24
-128.4%
Q1 24
-117.4%
Net Margin
AGEN
AGEN
AVBC
AVBC
Q4 25
-31.0%
22.9%
Q3 25
211.4%
-3.2%
Q2 25
-116.8%
15.0%
Q1 25
-109.6%
-50.5%
Q4 24
-174.4%
Q3 24
-267.7%
Q2 24
-233.1%
Q1 24
-226.6%
EPS (diluted)
AGEN
AGEN
AVBC
AVBC
Q4 25
$0.09
Q3 25
$1.94
$-0.05
Q2 25
$-1.00
Q1 25
$-1.03
Q4 24
$-1.95
Q3 24
$-3.08
Q2 24
$-2.52
Q1 24
$-3.04

Balance Sheet & Financial Strength

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

Metric
AGEN
AGEN
AVBC
AVBC
Cash + ST InvestmentsLiquidity on hand
$3.0M
$275.0M
Total DebtLower is stronger
$44.7M
Stockholders' EquityBook value
$-271.1M
$379.0M
Total Assets
$226.8M
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGEN
AGEN
AVBC
AVBC
Q4 25
$3.0M
$275.0M
Q3 25
$3.5M
$208.3M
Q2 25
$9.5M
$592.5M
Q1 25
$18.5M
Q4 24
$40.4M
Q3 24
$44.8M
Q2 24
$93.7M
Q1 24
$52.9M
Total Debt
AGEN
AGEN
AVBC
AVBC
Q4 25
$44.7M
Q3 25
$34.2M
Q2 25
$33.9M
Q1 25
$33.6M
Q4 24
$33.2M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AGEN
AGEN
AVBC
AVBC
Q4 25
$-271.1M
$379.0M
Q3 25
$-274.1M
$372.0M
Q2 25
$-354.6M
$191.4M
Q1 25
$-341.8M
$186.1M
Q4 24
$-326.4M
Q3 24
$-292.3M
Q2 24
$-241.3M
Q1 24
$-201.4M
Total Assets
AGEN
AGEN
AVBC
AVBC
Q4 25
$226.8M
$2.8B
Q3 25
$233.9M
$2.8B
Q2 25
$185.2M
$3.0B
Q1 25
$200.2M
$2.7B
Q4 24
$226.3M
Q3 24
$238.5M
Q2 24
$292.4M
Q1 24
$256.6M

Cash Flow & Capital Efficiency

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

Metric
AGEN
AGEN
AVBC
AVBC
Operating Cash FlowLast quarter
$-16.6M
$28.4M
Free Cash FlowOCF − Capex
$24.1M
FCF MarginFCF / Revenue
89.9%
Capex IntensityCapex / Revenue
0.0%
16.0%
Cash ConversionOCF / Net Profit
5.32×
TTM Free Cash FlowTrailing 4 quarters
$40.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGEN
AGEN
AVBC
AVBC
Q4 25
$-16.6M
$28.4M
Q3 25
$-14.7M
$24.1M
Q2 25
$-20.2M
$-2.3M
Q1 25
$-25.6M
$-2.2M
Q4 24
$-28.7M
Q3 24
$-53.3M
Q2 24
$-38.2M
Q1 24
$-38.2M
Free Cash Flow
AGEN
AGEN
AVBC
AVBC
Q4 25
$24.1M
Q3 25
$23.3M
Q2 25
$-20.2M
$-3.3M
Q1 25
$-25.6M
$-3.9M
Q4 24
$-28.7M
Q3 24
$-53.3M
Q2 24
$-38.6M
Q1 24
$-38.2M
FCF Margin
AGEN
AGEN
AVBC
AVBC
Q4 25
89.9%
Q3 25
83.2%
Q2 25
-78.7%
-12.8%
Q1 25
-106.5%
-16.9%
Q4 24
-107.0%
Q3 24
-212.2%
Q2 24
-164.4%
Q1 24
-136.5%
Capex Intensity
AGEN
AGEN
AVBC
AVBC
Q4 25
0.0%
16.0%
Q3 25
0.0%
3.1%
Q2 25
0.0%
3.7%
Q1 25
0.0%
7.2%
Q4 24
0.3%
Q3 24
0.0%
Q2 24
2.0%
Q1 24
0.1%
Cash Conversion
AGEN
AGEN
AVBC
AVBC
Q4 25
5.32×
Q3 25
-0.23×
Q2 25
-0.60×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

AGEN
AGEN

Non Cash Royalty Revenue$31.1M91%
Other$3.2M9%

AVBC
AVBC

Segment breakdown not available.

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