vs
Side-by-side financial comparison of AGENUS INC (AGEN) and FRANKLIN STREET PROPERTIES CORP (FSP). Click either name above to swap in a different company.
AGENUS INC is the larger business by last-quarter revenue ($34.2M vs $26.0M, roughly 1.3× FRANKLIN STREET PROPERTIES CORP). FRANKLIN STREET PROPERTIES CORP runs the higher net margin — -28.1% vs -31.0%, a 2.9% gap on every dollar of revenue. On growth, AGENUS INC posted the faster year-over-year revenue change (27.5% vs -8.2%). Over the past eight quarters, AGENUS INC's revenue compounded faster (10.5% CAGR vs -8.7%).
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.
Franklin Street Properties Corp is a Massachusetts-based real estate investment trust (REIT) in the United States. It primarily invests in, owns, and operates high-quality office properties across major U.S. metropolitan markets, serving corporate tenants across various industry segments, and delivers stable long-term returns via rental income and strategic asset management.
AGEN vs FSP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $34.2M | $26.0M |
| Net Profit | $-10.6M | $-7.3M |
| Gross Margin | — | 59.4% |
| Operating Margin | 42.1% | -27.9% |
| Net Margin | -31.0% | -28.1% |
| Revenue YoY | 27.5% | -8.2% |
| Net Profit YoY | 77.3% | 14.1% |
| EPS (diluted) | $0.09 | $-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 | $34.2M | $26.0M | ||
| Q3 25 | $30.2M | $27.3M | ||
| Q2 25 | $25.7M | $26.7M | ||
| Q1 25 | $24.1M | $27.1M | ||
| Q4 24 | $26.8M | $28.4M | ||
| Q3 24 | $25.1M | $29.7M | ||
| Q2 24 | $23.5M | $30.8M | ||
| Q1 24 | $28.0M | $31.2M |
| Q4 25 | $-10.6M | $-7.3M | ||
| Q3 25 | $63.9M | $-8.3M | ||
| Q2 25 | $-30.0M | $-7.9M | ||
| Q1 25 | $-26.4M | $-21.4M | ||
| Q4 24 | $-46.8M | $-8.5M | ||
| Q3 24 | $-67.2M | $-15.6M | ||
| Q2 24 | $-54.8M | $-21.0M | ||
| Q1 24 | $-63.5M | $-7.6M |
| Q4 25 | — | 59.4% | ||
| Q3 25 | 97.9% | 60.9% | ||
| Q2 25 | 99.1% | 59.9% | ||
| Q1 25 | 99.4% | 62.8% | ||
| Q4 24 | 99.6% | 59.7% | ||
| Q3 24 | 99.4% | 61.0% | ||
| Q2 24 | 99.5% | 64.2% | ||
| Q1 24 | 99.6% | 64.7% |
| Q4 25 | 42.1% | -27.9% | ||
| Q3 25 | -15.0% | -30.5% | ||
| Q2 25 | -65.0% | -29.2% | ||
| Q1 25 | -55.3% | -78.9% | ||
| Q4 24 | -96.5% | -29.9% | ||
| Q3 24 | -125.5% | -52.4% | ||
| Q2 24 | -128.4% | -68.0% | ||
| Q1 24 | -117.4% | -24.0% |
| Q4 25 | -31.0% | -28.1% | ||
| Q3 25 | 211.4% | -30.5% | ||
| Q2 25 | -116.8% | -29.5% | ||
| Q1 25 | -109.6% | -79.1% | ||
| Q4 24 | -174.4% | -30.0% | ||
| Q3 24 | -267.7% | -52.6% | ||
| Q2 24 | -233.1% | -68.2% | ||
| Q1 24 | -226.6% | -24.2% |
| Q4 25 | $0.09 | $-0.06 | ||
| Q3 25 | $1.94 | $-0.08 | ||
| Q2 25 | $-1.00 | $-0.08 | ||
| Q1 25 | $-1.03 | $-0.21 | ||
| Q4 24 | $-1.95 | $-0.09 | ||
| Q3 24 | $-3.08 | $-0.15 | ||
| Q2 24 | $-2.52 | $-0.20 | ||
| Q1 24 | $-3.04 | $-0.07 |
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 | $30.6M |
| Total DebtLower is stronger | $44.7M | — |
| Stockholders' EquityBook value | $-271.1M | $607.0M |
| Total Assets | $226.8M | $892.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0M | $30.6M | ||
| Q3 25 | $3.5M | $31.4M | ||
| Q2 25 | $9.5M | $29.4M | ||
| Q1 25 | $18.5M | $30.2M | ||
| Q4 24 | $40.4M | $41.1M | ||
| Q3 24 | $44.8M | $40.9M | ||
| Q2 24 | $93.7M | $30.2M | ||
| Q1 24 | $52.9M | $34.2M |
| 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 | $607.0M | ||
| Q3 25 | $-274.1M | $615.3M | ||
| Q2 25 | $-354.6M | $624.7M | ||
| Q1 25 | $-341.8M | $633.4M | ||
| Q4 24 | $-326.4M | $655.9M | ||
| Q3 24 | $-292.3M | $665.4M | ||
| Q2 24 | $-241.3M | $682.1M | ||
| Q1 24 | $-201.4M | $703.9M |
| Q4 25 | $226.8M | $892.9M | ||
| Q3 25 | $233.9M | $901.0M | ||
| Q2 25 | $185.2M | $903.2M | ||
| Q1 25 | $200.2M | $916.4M | ||
| Q4 24 | $226.3M | $946.9M | ||
| Q3 24 | $238.5M | $981.5M | ||
| Q2 24 | $292.4M | $1.0B | ||
| Q1 24 | $256.6M | $1.0B |
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 | $3.8M |
| Free Cash FlowOCF − Capex | — | $-12.7M |
| FCF MarginFCF / Revenue | — | -48.6% |
| Capex IntensityCapex / Revenue | 0.0% | 63.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-25.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-16.6M | $3.8M | ||
| Q3 25 | $-14.7M | $8.3M | ||
| Q2 25 | $-20.2M | $-2.9M | ||
| Q1 25 | $-25.6M | $-5.5M | ||
| Q4 24 | $-28.7M | $9.0M | ||
| Q3 24 | $-53.3M | $14.5M | ||
| Q2 24 | $-38.2M | $-648.0K | ||
| Q1 24 | $-38.2M | $-7.1M |
| Q4 25 | — | $-12.7M | ||
| Q3 25 | — | $3.0M | ||
| Q2 25 | $-20.2M | $-5.7M | ||
| Q1 25 | $-25.6M | $-9.9M | ||
| Q4 24 | $-28.7M | $-16.2M | ||
| Q3 24 | $-53.3M | $8.6M | ||
| Q2 24 | $-38.6M | $-5.1M | ||
| Q1 24 | $-38.2M | $-15.8M |
| Q4 25 | — | -48.6% | ||
| Q3 25 | — | 11.0% | ||
| Q2 25 | -78.7% | -21.5% | ||
| Q1 25 | -106.5% | -36.7% | ||
| Q4 24 | -107.0% | -57.2% | ||
| Q3 24 | -212.2% | 29.1% | ||
| Q2 24 | -164.4% | -16.7% | ||
| Q1 24 | -136.5% | -50.8% |
| Q4 25 | 0.0% | 63.0% | ||
| Q3 25 | 0.0% | 19.4% | ||
| Q2 25 | 0.0% | 10.7% | ||
| Q1 25 | 0.0% | 16.4% | ||
| Q4 24 | 0.3% | 88.9% | ||
| Q3 24 | 0.0% | 19.6% | ||
| Q2 24 | 2.0% | 14.6% | ||
| Q1 24 | 0.1% | 28.1% |
| 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
| Non Cash Royalty Revenue | $31.1M | 91% |
| Other | $3.2M | 9% |
FSP
Segment breakdown not available.
