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Side-by-side financial comparison of AGENUS INC (AGEN) and First Foundation Inc. (FFWM). Click either name above to swap in a different company.
First Foundation Inc. is the larger business by last-quarter revenue ($48.4M vs $34.2M, roughly 1.4× AGENUS INC). AGENUS INC runs the higher net margin — -31.0% vs -97.9%, a 66.8% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 27.5%). Over the past eight quarters, AGENUS INC's revenue compounded faster (10.5% CAGR vs -2.7%).
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.
John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.
AGEN vs FFWM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $34.2M | $48.4M |
| Net Profit | $-10.6M | $-8.0M |
| Gross Margin | — | — |
| Operating Margin | 42.1% | -97.5% |
| Net Margin | -31.0% | -97.9% |
| Revenue YoY | 27.5% | 421.7% |
| Net Profit YoY | 77.3% | 43.0% |
| EPS (diluted) | $0.09 | $-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.
| Q4 25 | $34.2M | $48.4M | ||
| Q3 25 | $30.2M | $63.6M | ||
| Q2 25 | $25.7M | $51.4M | ||
| Q1 25 | $24.1M | $71.4M | ||
| Q4 24 | $26.8M | $9.3M | ||
| Q3 24 | $25.1M | $9.2M | ||
| Q2 24 | $23.5M | $57.5M | ||
| Q1 24 | $28.0M | $51.1M |
| Q4 25 | $-10.6M | $-8.0M | ||
| Q3 25 | $63.9M | $-146.3M | ||
| Q2 25 | $-30.0M | $-7.7M | ||
| Q1 25 | $-26.4M | $6.9M | ||
| Q4 24 | $-46.8M | $-14.1M | ||
| Q3 24 | $-67.2M | $-82.2M | ||
| Q2 24 | $-54.8M | $3.1M | ||
| Q1 24 | $-63.5M | $793.0K |
| 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% | — |
| Q4 25 | 42.1% | -97.5% | ||
| Q3 25 | -15.0% | -92.7% | ||
| Q2 25 | -65.0% | -21.1% | ||
| Q1 25 | -55.3% | 8.8% | ||
| Q4 24 | -96.5% | -247.7% | ||
| Q3 24 | -125.5% | -1276.7% | ||
| Q2 24 | -128.4% | 4.6% | ||
| Q1 24 | -117.4% | -0.2% |
| Q4 25 | -31.0% | -97.9% | ||
| Q3 25 | 211.4% | -230.1% | ||
| Q2 25 | -116.8% | -15.0% | ||
| Q1 25 | -109.6% | 9.7% | ||
| Q4 24 | -174.4% | -152.2% | ||
| Q3 24 | -267.7% | -896.9% | ||
| Q2 24 | -233.1% | 5.4% | ||
| Q1 24 | -226.6% | 1.6% |
| Q4 25 | $0.09 | $-0.09 | ||
| Q3 25 | $1.94 | $-1.78 | ||
| Q2 25 | $-1.00 | $-0.09 | ||
| Q1 25 | $-1.03 | $0.08 | ||
| Q4 24 | $-1.95 | $-0.24 | ||
| Q3 24 | $-3.08 | $-1.23 | ||
| Q2 24 | $-2.52 | $0.05 | ||
| Q1 24 | $-3.04 | $0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.0M | $1.6B |
| Total DebtLower is stronger | $44.7M | — |
| Stockholders' EquityBook value | $-271.1M | $912.6M |
| Total Assets | $226.8M | $11.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0M | $1.6B | ||
| Q3 25 | $3.5M | $1.7B | ||
| Q2 25 | $9.5M | $1.1B | ||
| Q1 25 | $18.5M | $1.0B | ||
| Q4 24 | $40.4M | $1.0B | ||
| Q3 24 | $44.8M | $1.1B | ||
| Q2 24 | $93.7M | $1.4B | ||
| Q1 24 | $52.9M | $1.6B |
| 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 | — | — |
| Q4 25 | $-271.1M | $912.6M | ||
| Q3 25 | $-274.1M | $917.9M | ||
| Q2 25 | $-354.6M | $1.1B | ||
| Q1 25 | $-341.8M | $1.1B | ||
| Q4 24 | $-326.4M | $1.1B | ||
| Q3 24 | $-292.3M | $1.1B | ||
| Q2 24 | $-241.3M | $933.2M | ||
| Q1 24 | $-201.4M | $928.7M |
| Q4 25 | $226.8M | $11.9B | ||
| Q3 25 | $233.9M | $11.9B | ||
| Q2 25 | $185.2M | $11.6B | ||
| Q1 25 | $200.2M | $12.6B | ||
| Q4 24 | $226.3M | $12.6B | ||
| Q3 24 | $238.5M | $13.4B | ||
| Q2 24 | $292.4M | $13.7B | ||
| Q1 24 | $256.6M | $13.6B |
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 | $-16.6M | $-31.9M |
| Free Cash FlowOCF − Capex | — | $-35.2M |
| FCF MarginFCF / Revenue | — | -72.8% |
| Capex IntensityCapex / Revenue | 0.0% | 6.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-45.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-16.6M | $-31.9M | ||
| Q3 25 | $-14.7M | $9.2M | ||
| Q2 25 | $-20.2M | $-16.3M | ||
| Q1 25 | $-25.6M | $-552.0K | ||
| Q4 24 | $-28.7M | $-8.7M | ||
| Q3 24 | $-53.3M | $14.2M | ||
| Q2 24 | $-38.2M | $-9.1M | ||
| Q1 24 | $-38.2M | $7.2M |
| Q4 25 | — | $-35.2M | ||
| Q3 25 | — | $8.6M | ||
| Q2 25 | $-20.2M | $-16.7M | ||
| Q1 25 | $-25.6M | $-2.5M | ||
| Q4 24 | $-28.7M | $-11.4M | ||
| Q3 24 | $-53.3M | $13.4M | ||
| Q2 24 | $-38.6M | $-9.4M | ||
| Q1 24 | $-38.2M | $5.9M |
| Q4 25 | — | -72.8% | ||
| Q3 25 | — | 13.5% | ||
| Q2 25 | -78.7% | -32.4% | ||
| Q1 25 | -106.5% | -3.5% | ||
| Q4 24 | -107.0% | -123.5% | ||
| Q3 24 | -212.2% | 146.2% | ||
| Q2 24 | -164.4% | -16.3% | ||
| Q1 24 | -136.5% | 11.6% |
| Q4 25 | 0.0% | 6.9% | ||
| Q3 25 | 0.0% | 1.0% | ||
| Q2 25 | 0.0% | 0.8% | ||
| Q1 25 | 0.0% | 2.8% | ||
| Q4 24 | 0.3% | 29.4% | ||
| Q3 24 | 0.0% | 9.0% | ||
| Q2 24 | 2.0% | 0.4% | ||
| Q1 24 | 0.1% | 2.5% |
| Q4 25 | — | — | ||
| Q3 25 | -0.23× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -2.96× | ||
| Q1 24 | — | 9.09× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AGEN
| Non Cash Royalty Revenue | $31.1M | 91% |
| Other | $3.2M | 9% |
FFWM
Segment breakdown not available.
