vs

Side-by-side financial comparison of AGENUS INC (AGEN) and Cambium Networks Corp (CMBM). Click either name above to swap in a different company.

Cambium Networks Corp is the larger business by last-quarter revenue ($40.3M vs $34.2M, roughly 1.2× AGENUS INC). Cambium Networks Corp runs the higher net margin — -17.9% vs -31.0%, a 13.1% gap on every dollar of revenue. On growth, AGENUS INC posted the faster year-over-year revenue change (27.5% vs -23.2%). Over the past eight quarters, AGENUS INC's revenue compounded faster (10.5% CAGR vs -27.2%).

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.

Cambium Networks Corporation is an American manufacturer of wireless telecommunications equipment, including Enterprise WiFi, Network switch, Internet of Things, and fixed wireless broadband and Wi-Fi for enterprises products for Internet access. Publicly traded on the NASDAQ stock exchange, it spun out of Motorola in October 2011.

AGEN vs CMBM — Head-to-Head

Bigger by revenue
CMBM
CMBM
1.2× larger
CMBM
$40.3M
$34.2M
AGEN
Growing faster (revenue YoY)
AGEN
AGEN
+50.6% gap
AGEN
27.5%
-23.2%
CMBM
Higher net margin
CMBM
CMBM
13.1% more per $
CMBM
-17.9%
-31.0%
AGEN
Faster 2-yr revenue CAGR
AGEN
AGEN
Annualised
AGEN
10.5%
-27.2%
CMBM

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
AGEN
AGEN
CMBM
CMBM
Revenue
$34.2M
$40.3M
Net Profit
$-10.6M
$-7.2M
Gross Margin
36.6%
Operating Margin
42.1%
-28.4%
Net Margin
-31.0%
-17.9%
Revenue YoY
27.5%
-23.2%
Net Profit YoY
77.3%
71.0%
EPS (diluted)
$0.09
$-0.26

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
CMBM
CMBM
Q4 25
$34.2M
Q3 25
$30.2M
Q2 25
$25.7M
Q1 25
$24.1M
Q4 24
$26.8M
$40.3M
Q3 24
$25.1M
$44.7M
Q2 24
$23.5M
$45.2M
Q1 24
$28.0M
$47.1M
Net Profit
AGEN
AGEN
CMBM
CMBM
Q4 25
$-10.6M
Q3 25
$63.9M
Q2 25
$-30.0M
Q1 25
$-26.4M
Q4 24
$-46.8M
$-7.2M
Q3 24
$-67.2M
$-34.5M
Q2 24
$-54.8M
$-14.2M
Q1 24
$-63.5M
$-18.4M
Gross Margin
AGEN
AGEN
CMBM
CMBM
Q4 25
Q3 25
97.9%
Q2 25
99.1%
Q1 25
99.4%
Q4 24
99.6%
36.6%
Q3 24
99.4%
43.6%
Q2 24
99.5%
32.5%
Q1 24
99.6%
29.8%
Operating Margin
AGEN
AGEN
CMBM
CMBM
Q4 25
42.1%
Q3 25
-15.0%
Q2 25
-65.0%
Q1 25
-55.3%
Q4 24
-96.5%
-28.4%
Q3 24
-125.5%
-69.6%
Q2 24
-128.4%
-27.2%
Q1 24
-117.4%
-33.1%
Net Margin
AGEN
AGEN
CMBM
CMBM
Q4 25
-31.0%
Q3 25
211.4%
Q2 25
-116.8%
Q1 25
-109.6%
Q4 24
-174.4%
-17.9%
Q3 24
-267.7%
-77.3%
Q2 24
-233.1%
-31.5%
Q1 24
-226.6%
-39.2%
EPS (diluted)
AGEN
AGEN
CMBM
CMBM
Q4 25
$0.09
Q3 25
$1.94
Q2 25
$-1.00
Q1 25
$-1.03
Q4 24
$-1.95
$-0.26
Q3 24
$-3.08
$-1.22
Q2 24
$-2.52
$-0.51
Q1 24
$-3.04
$-0.66

Balance Sheet & Financial Strength

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

Metric
AGEN
AGEN
CMBM
CMBM
Cash + ST InvestmentsLiquidity on hand
$3.0M
Total DebtLower is stronger
$44.7M
$67.6M
Stockholders' EquityBook value
$-271.1M
$-3.2M
Total Assets
$226.8M
$173.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGEN
AGEN
CMBM
CMBM
Q4 25
$3.0M
Q3 25
$3.5M
Q2 25
$9.5M
Q1 25
$18.5M
Q4 24
$40.4M
Q3 24
$44.8M
Q2 24
$93.7M
Q1 24
$52.9M
Total Debt
AGEN
AGEN
CMBM
CMBM
Q4 25
$44.7M
Q3 25
$34.2M
Q2 25
$33.9M
Q1 25
$33.6M
Q4 24
$33.2M
$67.6M
Q3 24
$67.6M
Q2 24
$68.9M
Q1 24
$63.8M
Stockholders' Equity
AGEN
AGEN
CMBM
CMBM
Q4 25
$-271.1M
Q3 25
$-274.1M
Q2 25
$-354.6M
Q1 25
$-341.8M
Q4 24
$-326.4M
$-3.2M
Q3 24
$-292.3M
$1.9M
Q2 24
$-241.3M
$34.1M
Q1 24
$-201.4M
$45.0M
Total Assets
AGEN
AGEN
CMBM
CMBM
Q4 25
$226.8M
Q3 25
$233.9M
Q2 25
$185.2M
Q1 25
$200.2M
Q4 24
$226.3M
$173.7M
Q3 24
$238.5M
$194.3M
Q2 24
$292.4M
$221.1M
Q1 24
$256.6M
$219.8M
Debt / Equity
AGEN
AGEN
CMBM
CMBM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
36.12×
Q2 24
2.02×
Q1 24
1.42×

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
CMBM
CMBM
Operating Cash FlowLast quarter
$-16.6M
$-10.4M
Free Cash FlowOCF − Capex
$-10.8M
FCF MarginFCF / Revenue
-26.8%
Capex IntensityCapex / Revenue
0.0%
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-21.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGEN
AGEN
CMBM
CMBM
Q4 25
$-16.6M
Q3 25
$-14.7M
Q2 25
$-20.2M
Q1 25
$-25.6M
Q4 24
$-28.7M
$-10.4M
Q3 24
$-53.3M
$8.9M
Q2 24
$-38.2M
$2.4M
Q1 24
$-38.2M
$-15.9M
Free Cash Flow
AGEN
AGEN
CMBM
CMBM
Q4 25
Q3 25
Q2 25
$-20.2M
Q1 25
$-25.6M
Q4 24
$-28.7M
$-10.8M
Q3 24
$-53.3M
$6.8M
Q2 24
$-38.6M
$87.0K
Q1 24
$-38.2M
$-17.4M
FCF Margin
AGEN
AGEN
CMBM
CMBM
Q4 25
Q3 25
Q2 25
-78.7%
Q1 25
-106.5%
Q4 24
-107.0%
-26.8%
Q3 24
-212.2%
15.2%
Q2 24
-164.4%
0.2%
Q1 24
-136.5%
-37.0%
Capex Intensity
AGEN
AGEN
CMBM
CMBM
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.3%
1.1%
Q3 24
0.0%
4.8%
Q2 24
2.0%
5.1%
Q1 24
0.1%
3.3%
Cash Conversion
AGEN
AGEN
CMBM
CMBM
Q4 25
Q3 25
-0.23×
Q2 25
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%

CMBM
CMBM

Enterprise$16.6M41%
Point To Multi Point$16.4M41%
Other$5.8M14%

Related Comparisons