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Side-by-side financial comparison of AGIOS PHARMACEUTICALS, INC. (AGIO) and Forward Industries, Inc. (FWDI). Click either name above to swap in a different company.
Forward Industries, Inc. is the larger business by last-quarter revenue ($21.4M vs $20.0M, roughly 1.1× AGIOS PHARMACEUTICALS, INC.). AGIOS PHARMACEUTICALS, INC. runs the higher net margin — -541.1% vs -2732.2%, a 2191.1% gap on every dollar of revenue. On growth, Forward Industries, Inc. posted the faster year-over-year revenue change (224.0% vs 86.1%). Over the past eight quarters, Forward Industries, Inc.'s revenue compounded faster (74.6% CAGR vs 56.1%).
Agios Pharmaceuticals Inc. is a publicly trading American pharmaceutical company pioneering therapies for genetically defined diseases, with a near-term focus on developing therapies for hemolytic anemias. The company was founded in 2008 by Lewis Cantley, Tak Mak and Craig Thompson. Agios is a Delaware corporation headquartered in Cambridge, Massachusetts. The company tendered an initial public offering in July 2013.
Melrose Industries plc is a British aerospace manufacturing company based in Birmingham, England. It is the parent company of GKN Aerospace. The company's shares are listed on the London Stock Exchange as a constituent of the FTSE 100 Index.
AGIO vs FWDI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $20.0M | $21.4M |
| Net Profit | $-108.0M | $-585.7M |
| Gross Margin | 90.6% | 78.6% |
| Operating Margin | -608.9% | -2722.8% |
| Net Margin | -541.1% | -2732.2% |
| Revenue YoY | 86.1% | 224.0% |
| Net Profit YoY | -11.9% | -82611.5% |
| EPS (diluted) | $-1.86 | $-5.91 |
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 | $20.0M | $21.4M | ||
| Q3 25 | $12.9M | $7.9M | ||
| Q2 25 | $12.5M | $2.5M | ||
| Q1 25 | $8.7M | $3.1M | ||
| Q4 24 | $10.7M | $6.6M | ||
| Q3 24 | $9.0M | — | ||
| Q2 24 | $8.6M | $7.8M | ||
| Q1 24 | $8.2M | $5.1M |
| Q4 25 | $-108.0M | $-585.7M | ||
| Q3 25 | $-103.4M | $-164.0M | ||
| Q2 25 | $-112.0M | $-850.0K | ||
| Q1 25 | $-89.3M | $-1.5M | ||
| Q4 24 | $-96.5M | $-708.1K | ||
| Q3 24 | $947.9M | — | ||
| Q2 24 | $-96.1M | $-399.6K | ||
| Q1 24 | $-81.5M | $-553.2K |
| Q4 25 | 90.6% | 78.6% | ||
| Q3 25 | 87.0% | 61.1% | ||
| Q2 25 | 86.3% | — | ||
| Q1 25 | 87.6% | -5.7% | ||
| Q4 24 | 88.3% | 17.1% | ||
| Q3 24 | 91.3% | — | ||
| Q2 24 | 82.6% | 16.8% | ||
| Q1 24 | 92.3% | 26.2% |
| Q4 25 | -608.9% | -2722.8% | ||
| Q3 25 | -907.4% | -39.2% | ||
| Q2 25 | -1020.1% | -102.6% | ||
| Q1 25 | -1222.0% | -58.3% | ||
| Q4 24 | -1165.3% | -13.6% | ||
| Q3 24 | -1146.9% | — | ||
| Q2 24 | -1228.3% | -5.9% | ||
| Q1 24 | -1124.3% | -12.2% |
| Q4 25 | -541.1% | -2732.2% | ||
| Q3 25 | -803.1% | -2063.6% | ||
| Q2 25 | -899.4% | -34.1% | ||
| Q1 25 | -1023.3% | -46.5% | ||
| Q4 24 | -899.6% | -10.7% | ||
| Q3 24 | 10574.7% | — | ||
| Q2 24 | -1115.7% | -5.1% | ||
| Q1 24 | -995.8% | -10.9% |
| Q4 25 | $-1.86 | $-5.91 | ||
| Q3 25 | $-1.78 | $-21.86 | ||
| Q2 25 | $-1.93 | $-0.77 | ||
| Q1 25 | $-1.55 | $-1.32 | ||
| Q4 24 | $-1.44 | $-0.64 | ||
| Q3 24 | $16.22 | — | ||
| Q2 24 | $-1.69 | $-0.36 | ||
| Q1 24 | $-1.45 | $-0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $89.1M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.2B | $880.9M |
| Total Assets | $1.3B | $892.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $89.1M | — | ||
| Q3 25 | $92.7M | — | ||
| Q2 25 | $80.9M | — | ||
| Q1 25 | $79.0M | — | ||
| Q4 24 | $76.2M | — | ||
| Q3 24 | $253.7M | — | ||
| Q2 24 | $84.5M | — | ||
| Q1 24 | $118.8M | — |
| Q4 25 | $1.2B | $880.9M | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $1.4B | $3.4M | ||
| Q1 25 | $1.5B | $3.6M | ||
| Q4 24 | $1.5B | $2.3M | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $660.5M | $1.4M | ||
| Q1 24 | $743.9M | $1.8M |
| Q4 25 | $1.3B | $892.9M | ||
| Q3 25 | $1.4B | $1.5B | ||
| Q2 25 | $1.5B | $8.3M | ||
| Q1 25 | $1.6B | $12.3M | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $773.1M | $15.2M | ||
| Q1 24 | $849.7M | $15.2M |
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 | $-96.2M | $-7.9M |
| Free Cash FlowOCF − Capex | $-97.3M | — |
| FCF MarginFCF / Revenue | -487.5% | — |
| Capex IntensityCapex / Revenue | 5.6% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-377.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-96.2M | $-7.9M | ||
| Q3 25 | $-88.2M | $-4.5M | ||
| Q2 25 | $-77.1M | $-1.2M | ||
| Q1 25 | $-111.5M | $-537.6K | ||
| Q4 24 | $-133.2M | $-434.3K | ||
| Q3 24 | $-84.2M | — | ||
| Q2 24 | $-72.6M | $436.0K | ||
| Q1 24 | $-99.9M | — |
| Q4 25 | $-97.3M | — | ||
| Q3 25 | $-89.7M | $-4.5M | ||
| Q2 25 | $-78.0M | $-1.2M | ||
| Q1 25 | $-112.3M | $-539.0K | ||
| Q4 24 | $-134.1M | $-439.7K | ||
| Q3 24 | $-84.6M | — | ||
| Q2 24 | $-72.7M | $426.8K | ||
| Q1 24 | $-100.0M | — |
| Q4 25 | -487.5% | — | ||
| Q3 25 | -696.5% | -57.0% | ||
| Q2 25 | -626.2% | -50.0% | ||
| Q1 25 | -1286.4% | -17.3% | ||
| Q4 24 | -1250.1% | -6.6% | ||
| Q3 24 | -944.2% | — | ||
| Q2 24 | -844.4% | 5.5% | ||
| Q1 24 | -1221.2% | — |
| Q4 25 | 5.6% | 0.0% | ||
| Q3 25 | 12.1% | 0.3% | ||
| Q2 25 | 7.0% | 0.8% | ||
| Q1 25 | 8.8% | 0.0% | ||
| Q4 24 | 9.0% | 0.1% | ||
| Q3 24 | 4.7% | — | ||
| Q2 24 | 1.8% | 0.1% | ||
| Q1 24 | 1.7% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.09× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AGIO
Segment breakdown not available.
FWDI
| CODM | $17.4M | 81% |
| Design Segment | $4.1M | 19% |
