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Side-by-side financial comparison of AGENUS INC (AGEN) and ISABELLA BANK CORP (ISBA). Click either name above to swap in a different company.

AGENUS INC is the larger business by last-quarter revenue ($34.2M vs $21.2M, roughly 1.6× ISABELLA BANK CORP). ISABELLA BANK CORP runs the higher net margin — 22.2% vs -31.0%, a 53.2% gap on every dollar of revenue. On growth, AGENUS INC posted the faster year-over-year revenue change (27.5% vs 14.3%). Over the past eight quarters, ISABELLA BANK CORP's revenue compounded faster (12.6% CAGR vs 10.5%).

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.

The Bank of the Philippine Islands is a universal bank in the Philippines. It is the oldest bank in both the Philippines and Southeast Asia. It is the fourth largest bank in terms of assets, the second largest bank in terms of market capitalization, and one of the most profitable banks in the Philippines.

AGEN vs ISBA — Head-to-Head

Bigger by revenue
AGEN
AGEN
1.6× larger
AGEN
$34.2M
$21.2M
ISBA
Growing faster (revenue YoY)
AGEN
AGEN
+13.2% gap
AGEN
27.5%
14.3%
ISBA
Higher net margin
ISBA
ISBA
53.2% more per $
ISBA
22.2%
-31.0%
AGEN
Faster 2-yr revenue CAGR
ISBA
ISBA
Annualised
ISBA
12.6%
10.5%
AGEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AGEN
AGEN
ISBA
ISBA
Revenue
$34.2M
$21.2M
Net Profit
$-10.6M
$4.7M
Gross Margin
Operating Margin
42.1%
32.2%
Net Margin
-31.0%
22.2%
Revenue YoY
27.5%
14.3%
Net Profit YoY
77.3%
17.4%
EPS (diluted)
$0.09
$0.64

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
ISBA
ISBA
Q4 25
$34.2M
$21.2M
Q3 25
$30.2M
$20.5M
Q2 25
$25.7M
$18.8M
Q1 25
$24.1M
$18.1M
Q4 24
$26.8M
$18.5M
Q3 24
$25.1M
$18.0M
Q2 24
$23.5M
$17.2M
Q1 24
$28.0M
$16.7M
Net Profit
AGEN
AGEN
ISBA
ISBA
Q4 25
$-10.6M
$4.7M
Q3 25
$63.9M
$5.2M
Q2 25
$-30.0M
$5.0M
Q1 25
$-26.4M
$3.9M
Q4 24
$-46.8M
$4.0M
Q3 24
$-67.2M
$3.3M
Q2 24
$-54.8M
$3.5M
Q1 24
$-63.5M
$3.1M
Gross Margin
AGEN
AGEN
ISBA
ISBA
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
ISBA
ISBA
Q4 25
42.1%
32.2%
Q3 25
-15.0%
30.7%
Q2 25
-65.0%
32.8%
Q1 25
-55.3%
26.9%
Q4 24
-96.5%
26.0%
Q3 24
-125.5%
21.3%
Q2 24
-128.4%
23.9%
Q1 24
-117.4%
21.8%
Net Margin
AGEN
AGEN
ISBA
ISBA
Q4 25
-31.0%
22.2%
Q3 25
211.4%
25.6%
Q2 25
-116.8%
26.7%
Q1 25
-109.6%
21.9%
Q4 24
-174.4%
21.6%
Q3 24
-267.7%
18.2%
Q2 24
-233.1%
20.3%
Q1 24
-226.6%
18.7%
EPS (diluted)
AGEN
AGEN
ISBA
ISBA
Q4 25
$0.09
$0.64
Q3 25
$1.94
$0.71
Q2 25
$-1.00
$0.68
Q1 25
$-1.03
$0.53
Q4 24
$-1.95
$0.54
Q3 24
$-3.08
$0.44
Q2 24
$-2.52
$0.46
Q1 24
$-3.04
$0.42

Balance Sheet & Financial Strength

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

Metric
AGEN
AGEN
ISBA
ISBA
Cash + ST InvestmentsLiquidity on hand
$3.0M
$26.0M
Total DebtLower is stronger
$44.7M
Stockholders' EquityBook value
$-271.1M
$231.4M
Total Assets
$226.8M
$2.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGEN
AGEN
ISBA
ISBA
Q4 25
$3.0M
$26.0M
Q3 25
$3.5M
$161.3M
Q2 25
$9.5M
$108.6M
Q1 25
$18.5M
$69.2M
Q4 24
$40.4M
$24.5M
Q3 24
$44.8M
$27.4M
Q2 24
$93.7M
$23.6M
Q1 24
$52.9M
$25.2M
Total Debt
AGEN
AGEN
ISBA
ISBA
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
ISBA
ISBA
Q4 25
$-271.1M
$231.4M
Q3 25
$-274.1M
$227.4M
Q2 25
$-354.6M
$220.5M
Q1 25
$-341.8M
$215.6M
Q4 24
$-326.4M
$210.3M
Q3 24
$-292.3M
$213.0M
Q2 24
$-241.3M
$202.2M
Q1 24
$-201.4M
$200.7M
Total Assets
AGEN
AGEN
ISBA
ISBA
Q4 25
$226.8M
$2.2B
Q3 25
$233.9M
$2.3B
Q2 25
$185.2M
$2.2B
Q1 25
$200.2M
$2.1B
Q4 24
$226.3M
$2.1B
Q3 24
$238.5M
$2.1B
Q2 24
$292.4M
$2.1B
Q1 24
$256.6M
$2.1B

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
ISBA
ISBA
Operating Cash FlowLast quarter
$-16.6M
$26.8M
Free Cash FlowOCF − Capex
$23.3M
FCF MarginFCF / Revenue
110.2%
Capex IntensityCapex / Revenue
0.0%
16.4%
Cash ConversionOCF / Net Profit
5.72×
TTM Free Cash FlowTrailing 4 quarters
$36.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGEN
AGEN
ISBA
ISBA
Q4 25
$-16.6M
$26.8M
Q3 25
$-14.7M
$2.7M
Q2 25
$-20.2M
$7.8M
Q1 25
$-25.6M
$4.7M
Q4 24
$-28.7M
$19.6M
Q3 24
$-53.3M
$3.6M
Q2 24
$-38.2M
$5.5M
Q1 24
$-38.2M
$3.4M
Free Cash Flow
AGEN
AGEN
ISBA
ISBA
Q4 25
$23.3M
Q3 25
$1.7M
Q2 25
$-20.2M
$7.2M
Q1 25
$-25.6M
$3.7M
Q4 24
$-28.7M
$17.5M
Q3 24
$-53.3M
$3.2M
Q2 24
$-38.6M
$5.1M
Q1 24
$-38.2M
$2.6M
FCF Margin
AGEN
AGEN
ISBA
ISBA
Q4 25
110.2%
Q3 25
8.5%
Q2 25
-78.7%
38.5%
Q1 25
-106.5%
20.6%
Q4 24
-107.0%
94.6%
Q3 24
-212.2%
17.7%
Q2 24
-164.4%
29.8%
Q1 24
-136.5%
15.7%
Capex Intensity
AGEN
AGEN
ISBA
ISBA
Q4 25
0.0%
16.4%
Q3 25
0.0%
5.0%
Q2 25
0.0%
3.2%
Q1 25
0.0%
5.5%
Q4 24
0.3%
11.4%
Q3 24
0.0%
2.0%
Q2 24
2.0%
2.4%
Q1 24
0.1%
4.9%
Cash Conversion
AGEN
AGEN
ISBA
ISBA
Q4 25
5.72×
Q3 25
-0.23×
0.52×
Q2 25
1.56×
Q1 25
1.19×
Q4 24
4.91×
Q3 24
1.08×
Q2 24
1.59×
Q1 24
1.10×

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%

ISBA
ISBA

Segment breakdown not available.

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