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Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) and IMAX CORP (IMAX). Click either name above to swap in a different company.
IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $107.5M, roughly 1.2× FEDERAL AGRICULTURAL MORTGAGE CORP). On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 6.1%). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 7.1%).
The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
AGM vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $107.5M | $125.2M |
| Net Profit | — | $637.0K |
| Gross Margin | — | 57.6% |
| Operating Margin | 56.3% | 19.3% |
| Net Margin | — | 0.5% |
| Revenue YoY | 6.1% | 35.1% |
| Net Profit YoY | — | -88.0% |
| EPS (diluted) | $3.69 | $0.02 |
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 | $107.5M | $125.2M | ||
| Q3 25 | $104.0M | $106.7M | ||
| Q2 25 | $102.6M | $91.7M | ||
| Q1 25 | $94.3M | $86.7M | ||
| Q4 24 | $101.3M | $92.7M | ||
| Q3 24 | $90.3M | $91.5M | ||
| Q2 24 | $89.9M | $89.0M | ||
| Q1 24 | $93.7M | $79.1M |
| Q4 25 | — | $637.0K | ||
| Q3 25 | $55.0M | $20.7M | ||
| Q2 25 | $54.8M | $11.3M | ||
| Q1 25 | $49.7M | $2.3M | ||
| Q4 24 | $56.5M | $5.3M | ||
| Q3 24 | $49.8M | $13.9M | ||
| Q2 24 | $47.1M | $3.6M | ||
| Q1 24 | $53.7M | $3.3M |
| Q4 25 | — | 57.6% | ||
| Q3 25 | — | 63.1% | ||
| Q2 25 | — | 58.5% | ||
| Q1 25 | — | 61.4% | ||
| Q4 24 | — | 52.2% | ||
| Q3 24 | — | 55.8% | ||
| Q2 24 | — | 49.4% | ||
| Q1 24 | — | 59.3% |
| Q4 25 | 56.3% | 19.3% | ||
| Q3 25 | 64.1% | 27.2% | ||
| Q2 25 | 63.8% | 15.6% | ||
| Q1 25 | 66.9% | 19.3% | ||
| Q4 24 | 67.5% | 10.3% | ||
| Q3 24 | 69.0% | 21.2% | ||
| Q2 24 | 65.9% | 3.2% | ||
| Q1 24 | 72.8% | 15.3% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | 52.9% | 19.4% | ||
| Q2 25 | 53.4% | 12.3% | ||
| Q1 25 | 52.6% | 2.7% | ||
| Q4 24 | 55.8% | 5.7% | ||
| Q3 24 | 55.2% | 15.2% | ||
| Q2 24 | 52.4% | 4.0% | ||
| Q1 24 | 57.4% | 4.1% |
| Q4 25 | $3.69 | $0.02 | ||
| Q3 25 | $4.44 | $0.37 | ||
| Q2 25 | $4.48 | $0.20 | ||
| Q1 25 | $4.01 | $0.04 | ||
| Q4 24 | $4.62 | $0.09 | ||
| Q3 24 | $3.86 | $0.26 | ||
| Q2 24 | $3.68 | $0.07 | ||
| Q1 24 | $4.28 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $151.2M |
| Total DebtLower is stronger | $30.8B | — |
| Stockholders' EquityBook value | $1.7B | $337.9M |
| Total Assets | $35.4B | $894.0M |
| Debt / EquityLower = less leverage | 17.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $151.2M | ||
| Q3 25 | — | $143.1M | ||
| Q2 25 | — | $109.3M | ||
| Q1 25 | — | $97.1M | ||
| Q4 24 | — | $100.6M | ||
| Q3 24 | $842.1M | $104.5M | ||
| Q2 24 | $923.0M | $91.6M | ||
| Q1 24 | $745.1M | $81.0M |
| Q4 25 | $30.8B | — | ||
| Q3 25 | $29.2B | — | ||
| Q2 25 | $28.9B | — | ||
| Q1 25 | $28.0B | — | ||
| Q4 24 | $27.5B | — | ||
| Q3 24 | $27.2B | — | ||
| Q2 24 | $26.8B | — | ||
| Q1 24 | $26.8B | — |
| Q4 25 | $1.7B | $337.9M | ||
| Q3 25 | $1.7B | $349.5M | ||
| Q2 25 | $1.5B | $320.4M | ||
| Q1 25 | $1.5B | $299.5M | ||
| Q4 24 | $1.5B | $299.5M | ||
| Q3 24 | $1.5B | $289.4M | ||
| Q2 24 | $1.5B | $267.2M | ||
| Q1 24 | $1.5B | $258.8M |
| Q4 25 | $35.4B | $894.0M | ||
| Q3 25 | $33.4B | $889.6M | ||
| Q2 25 | $33.0B | $868.6M | ||
| Q1 25 | $31.8B | $848.3M | ||
| Q4 24 | $31.3B | $830.4M | ||
| Q3 24 | $30.6B | $847.6M | ||
| Q2 24 | $30.2B | $827.4M | ||
| Q1 24 | $29.8B | $824.1M |
| Q4 25 | 17.93× | — | ||
| Q3 25 | 17.31× | — | ||
| Q2 25 | 18.70× | — | ||
| Q1 25 | 18.39× | — | ||
| Q4 24 | 18.48× | — | ||
| Q3 24 | 18.60× | — | ||
| Q2 24 | 17.87× | — | ||
| Q1 24 | 18.11× | — |
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 | $80.1M | $29.4M |
| Free Cash FlowOCF − Capex | — | $28.0M |
| FCF MarginFCF / Revenue | — | 22.3% |
| Capex IntensityCapex / Revenue | 0.0% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $80.1M | $29.4M | ||
| Q3 25 | $74.2M | $67.5M | ||
| Q2 25 | $-47.7M | $23.2M | ||
| Q1 25 | $-49.8M | $7.0M | ||
| Q4 24 | $612.6M | $11.5M | ||
| Q3 24 | $-44.4M | $35.3M | ||
| Q2 24 | $56.1M | $35.0M | ||
| Q1 24 | $233.3M | $-11.0M |
| Q4 25 | — | $28.0M | ||
| Q3 25 | — | $64.8M | ||
| Q2 25 | — | $20.9M | ||
| Q1 25 | — | $5.3M | ||
| Q4 24 | $607.4M | $6.9M | ||
| Q3 24 | $-44.4M | $34.2M | ||
| Q2 24 | $52.6M | $33.5M | ||
| Q1 24 | $231.7M | $-12.1M |
| Q4 25 | — | 22.3% | ||
| Q3 25 | — | 60.7% | ||
| Q2 25 | — | 22.8% | ||
| Q1 25 | — | 6.1% | ||
| Q4 24 | 599.8% | 7.4% | ||
| Q3 24 | -49.2% | 37.3% | ||
| Q2 24 | 58.5% | 37.6% | ||
| Q1 24 | 247.3% | -15.3% |
| Q4 25 | 0.0% | 1.1% | ||
| Q3 25 | 0.0% | 2.6% | ||
| Q2 25 | 0.0% | 2.6% | ||
| Q1 25 | 0.0% | 1.9% | ||
| Q4 24 | 5.2% | 5.0% | ||
| Q3 24 | 0.1% | 1.2% | ||
| Q2 24 | 4.0% | 1.8% | ||
| Q1 24 | 1.7% | 1.4% |
| Q4 25 | — | 46.11× | ||
| Q3 25 | 1.35× | 3.27× | ||
| Q2 25 | -0.87× | 2.06× | ||
| Q1 25 | -1.00× | 2.99× | ||
| Q4 24 | 10.84× | 2.16× | ||
| Q3 24 | -0.89× | 2.54× | ||
| Q2 24 | 1.19× | 9.78× | ||
| Q1 24 | 4.34× | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AGM
Segment breakdown not available.
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
