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Side-by-side financial comparison of AGENUS INC (AGEN) and Mama's Creations, Inc. (MAMA). Click either name above to swap in a different company.

Mama's Creations, Inc. is the larger business by last-quarter revenue ($47.3M vs $34.2M, roughly 1.4× AGENUS INC). Mama's Creations, Inc. runs the higher net margin — 1.1% vs -31.0%, a 32.2% gap on every dollar of revenue. On growth, Mama's Creations, Inc. posted the faster year-over-year revenue change (50.0% vs 27.5%). Over the past eight quarters, Mama's Creations, Inc.'s revenue compounded faster (33.0% 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.

Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.

AGEN vs MAMA — Head-to-Head

Bigger by revenue
MAMA
MAMA
1.4× larger
MAMA
$47.3M
$34.2M
AGEN
Growing faster (revenue YoY)
MAMA
MAMA
+22.5% gap
MAMA
50.0%
27.5%
AGEN
Higher net margin
MAMA
MAMA
32.2% more per $
MAMA
1.1%
-31.0%
AGEN
Faster 2-yr revenue CAGR
MAMA
MAMA
Annualised
MAMA
33.0%
10.5%
AGEN

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
AGEN
AGEN
MAMA
MAMA
Revenue
$34.2M
$47.3M
Net Profit
$-10.6M
$540.0K
Gross Margin
23.6%
Operating Margin
42.1%
1.7%
Net Margin
-31.0%
1.1%
Revenue YoY
27.5%
50.0%
Net Profit YoY
77.3%
31.7%
EPS (diluted)
$0.09
$0.01

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
MAMA
MAMA
Q4 25
$34.2M
$47.3M
Q3 25
$30.2M
$35.2M
Q2 25
$25.7M
$35.3M
Q1 25
$24.1M
$33.6M
Q4 24
$26.8M
$31.5M
Q3 24
$25.1M
$28.4M
Q2 24
$23.5M
$29.8M
Q1 24
$28.0M
$26.7M
Net Profit
AGEN
AGEN
MAMA
MAMA
Q4 25
$-10.6M
$540.0K
Q3 25
$63.9M
$1.3M
Q2 25
$-30.0M
$1.2M
Q1 25
$-26.4M
$1.6M
Q4 24
$-46.8M
$410.0K
Q3 24
$-67.2M
$1.1M
Q2 24
$-54.8M
$553.0K
Q1 24
$-63.5M
$1.4M
Gross Margin
AGEN
AGEN
MAMA
MAMA
Q4 25
23.6%
Q3 25
97.9%
24.9%
Q2 25
99.1%
26.1%
Q1 25
99.4%
27.0%
Q4 24
99.6%
22.6%
Q3 24
99.4%
24.2%
Q2 24
99.5%
25.0%
Q1 24
99.6%
29.3%
Operating Margin
AGEN
AGEN
MAMA
MAMA
Q4 25
42.1%
1.7%
Q3 25
-15.0%
4.8%
Q2 25
-65.0%
4.5%
Q1 25
-55.3%
5.7%
Q4 24
-96.5%
1.8%
Q3 24
-125.5%
5.7%
Q2 24
-128.4%
2.6%
Q1 24
-117.4%
7.4%
Net Margin
AGEN
AGEN
MAMA
MAMA
Q4 25
-31.0%
1.1%
Q3 25
211.4%
3.6%
Q2 25
-116.8%
3.5%
Q1 25
-109.6%
4.8%
Q4 24
-174.4%
1.3%
Q3 24
-267.7%
4.0%
Q2 24
-233.1%
1.9%
Q1 24
-226.6%
5.3%
EPS (diluted)
AGEN
AGEN
MAMA
MAMA
Q4 25
$0.09
$0.01
Q3 25
$1.94
$0.03
Q2 25
$-1.00
$0.03
Q1 25
$-1.03
$0.04
Q4 24
$-1.95
$0.01
Q3 24
$-3.08
$0.03
Q2 24
$-2.52
$0.01
Q1 24
$-3.04
$0.03

Balance Sheet & Financial Strength

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

Metric
AGEN
AGEN
MAMA
MAMA
Cash + ST InvestmentsLiquidity on hand
$3.0M
$18.1M
Total DebtLower is stronger
$44.7M
Stockholders' EquityBook value
$-271.1M
$49.6M
Total Assets
$226.8M
$84.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGEN
AGEN
MAMA
MAMA
Q4 25
$3.0M
$18.1M
Q3 25
$3.5M
$9.4M
Q2 25
$9.5M
$12.0M
Q1 25
$18.5M
$7.2M
Q4 24
$40.4M
$9.3M
Q3 24
$44.8M
$7.4M
Q2 24
$93.7M
$13.0M
Q1 24
$52.9M
$11.0M
Total Debt
AGEN
AGEN
MAMA
MAMA
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
MAMA
MAMA
Q4 25
$-271.1M
$49.6M
Q3 25
$-274.1M
$29.6M
Q2 25
$-354.6M
$26.4M
Q1 25
$-341.8M
$24.9M
Q4 24
$-326.4M
$23.0M
Q3 24
$-292.3M
$22.3M
Q2 24
$-241.3M
$20.3M
Q1 24
$-201.4M
$19.6M
Total Assets
AGEN
AGEN
MAMA
MAMA
Q4 25
$226.8M
$84.0M
Q3 25
$233.9M
$51.2M
Q2 25
$185.2M
$52.7M
Q1 25
$200.2M
$47.1M
Q4 24
$226.3M
$47.9M
Q3 24
$238.5M
$43.0M
Q2 24
$292.4M
$47.2M
Q1 24
$256.6M
$45.1M

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
MAMA
MAMA
Operating Cash FlowLast quarter
$-16.6M
$3.9M
Free Cash FlowOCF − Capex
$3.7M
FCF MarginFCF / Revenue
7.8%
Capex IntensityCapex / Revenue
0.0%
0.4%
Cash ConversionOCF / Net Profit
7.16×
TTM Free Cash FlowTrailing 4 quarters
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGEN
AGEN
MAMA
MAMA
Q4 25
$-16.6M
$3.9M
Q3 25
$-14.7M
$-1.7M
Q2 25
$-20.2M
$6.0M
Q1 25
$-25.6M
$-857.0K
Q4 24
$-28.7M
$4.8M
Q3 24
$-53.3M
$-2.4M
Q2 24
$-38.2M
$3.6M
Q1 24
$-38.2M
$6.7M
Free Cash Flow
AGEN
AGEN
MAMA
MAMA
Q4 25
$3.7M
Q3 25
$-2.2M
Q2 25
$-20.2M
$5.5M
Q1 25
$-25.6M
$-930.0K
Q4 24
$-28.7M
$2.5M
Q3 24
$-53.3M
$-4.0M
Q2 24
$-38.6M
$2.5M
Q1 24
$-38.2M
$6.6M
FCF Margin
AGEN
AGEN
MAMA
MAMA
Q4 25
7.8%
Q3 25
-6.2%
Q2 25
-78.7%
15.5%
Q1 25
-106.5%
-2.8%
Q4 24
-107.0%
8.0%
Q3 24
-212.2%
-14.1%
Q2 24
-164.4%
8.4%
Q1 24
-136.5%
24.8%
Capex Intensity
AGEN
AGEN
MAMA
MAMA
Q4 25
0.0%
0.4%
Q3 25
0.0%
1.5%
Q2 25
0.0%
1.5%
Q1 25
0.0%
0.2%
Q4 24
0.3%
7.2%
Q3 24
0.0%
5.6%
Q2 24
2.0%
3.8%
Q1 24
0.1%
0.4%
Cash Conversion
AGEN
AGEN
MAMA
MAMA
Q4 25
7.16×
Q3 25
-0.23×
-1.31×
Q2 25
4.85×
Q1 25
-0.54×
Q4 24
11.71×
Q3 24
-2.10×
Q2 24
6.58×
Q1 24
4.79×

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%

MAMA
MAMA

Segment breakdown not available.

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