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Side-by-side financial comparison of Akebia Therapeutics, Inc. (AKBA) and McEwen Inc. (MUX). Click either name above to swap in a different company.

McEwen Inc. is the larger business by last-quarter revenue ($64.6M vs $57.6M, roughly 1.1× Akebia Therapeutics, Inc.). On growth, McEwen Inc. posted the faster year-over-year revenue change (92.8% vs 23.9%). Over the past eight quarters, Akebia Therapeutics, Inc.'s revenue compounded faster (32.9% CAGR vs 25.2%).

Akebia Therapeutics is a biopharmaceutical company dedicated to developing and commercializing novel therapies for patients with kidney diseases, particularly anemia linked to chronic kidney disease. It operates across global markets, focusing on addressing unmet medical needs in the nephrology care segment.

McEwen Inc (ticker MUX) is a natural resource company primarily engaged in the exploration, development, and production of gold, silver, and copper assets. Its core operations are located across North and South America, serving global commodity markets with a focus on sustainable, responsible mining practices.

AKBA vs MUX — Head-to-Head

Bigger by revenue
MUX
MUX
1.1× larger
MUX
$64.6M
$57.6M
AKBA
Growing faster (revenue YoY)
MUX
MUX
+68.8% gap
MUX
92.8%
23.9%
AKBA
Faster 2-yr revenue CAGR
AKBA
AKBA
Annualised
AKBA
32.9%
25.2%
MUX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AKBA
AKBA
MUX
MUX
Revenue
$57.6M
$64.6M
Net Profit
$38.1M
Gross Margin
78.2%
26.9%
Operating Margin
-14.8%
34.2%
Net Margin
59.0%
Revenue YoY
23.9%
92.8%
Net Profit YoY
563.1%
EPS (diluted)
$-0.05
$0.66

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
AKBA
AKBA
MUX
MUX
Q4 25
$57.6M
$64.6M
Q3 25
$58.8M
$50.5M
Q2 25
$62.5M
$46.7M
Q1 25
$57.3M
$35.7M
Q4 24
$46.5M
$33.5M
Q3 24
$37.4M
$52.3M
Q2 24
$43.6M
$47.5M
Q1 24
$32.6M
$41.2M
Net Profit
AKBA
AKBA
MUX
MUX
Q4 25
$38.1M
Q3 25
$540.0K
$-462.0K
Q2 25
$247.0K
$3.0M
Q1 25
$6.1M
$-6.3M
Q4 24
$-8.2M
Q3 24
$-20.0M
$-2.1M
Q2 24
$-8.6M
$-13.0M
Q1 24
$-18.0M
$-20.4M
Gross Margin
AKBA
AKBA
MUX
MUX
Q4 25
78.2%
26.9%
Q3 25
84.0%
15.5%
Q2 25
84.1%
26.3%
Q1 25
86.7%
28.2%
Q4 24
56.2%
1.1%
Q3 24
62.2%
26.4%
Q2 24
60.9%
22.7%
Q1 24
64.4%
14.6%
Operating Margin
AKBA
AKBA
MUX
MUX
Q4 25
-14.8%
34.2%
Q3 25
7.6%
-16.7%
Q2 25
22.6%
-7.2%
Q1 25
23.6%
-21.4%
Q4 24
-30.8%
-43.4%
Q3 24
-33.4%
-0.2%
Q2 24
-20.0%
-29.4%
Q1 24
-45.8%
-53.3%
Net Margin
AKBA
AKBA
MUX
MUX
Q4 25
59.0%
Q3 25
0.9%
-0.9%
Q2 25
0.4%
6.5%
Q1 25
10.7%
-17.6%
Q4 24
-24.6%
Q3 24
-53.5%
-4.0%
Q2 24
-19.7%
-27.4%
Q1 24
-55.2%
-49.4%
EPS (diluted)
AKBA
AKBA
MUX
MUX
Q4 25
$-0.05
$0.66
Q3 25
$0.00
$-0.01
Q2 25
$0.00
$0.06
Q1 25
$0.03
$-0.12
Q4 24
$-0.10
$-0.15
Q3 24
$-0.10
$-0.04
Q2 24
$-0.04
$-0.26
Q1 24
$-0.09
$-0.41

Balance Sheet & Financial Strength

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

Metric
AKBA
AKBA
MUX
MUX
Cash + ST InvestmentsLiquidity on hand
$184.8M
$72.1M
Total DebtLower is stronger
$48.3M
$126.2M
Stockholders' EquityBook value
$32.6M
$546.2M
Total Assets
$376.6M
$820.2M
Debt / EquityLower = less leverage
1.48×
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AKBA
AKBA
MUX
MUX
Q4 25
$184.8M
$72.1M
Q3 25
$166.4M
$75.4M
Q2 25
$137.3M
$69.5M
Q1 25
$113.4M
$79.3M
Q4 24
$51.9M
$15.3M
Q3 24
$34.0M
$30.2M
Q2 24
$39.5M
$42.6M
Q1 24
$42.0M
$22.0M
Total Debt
AKBA
AKBA
MUX
MUX
Q4 25
$48.3M
$126.2M
Q3 25
$47.6M
$126.0M
Q2 25
$47.1M
$125.8M
Q1 25
$46.5M
$125.5M
Q4 24
$38.7M
$40.0M
Q3 24
$38.4M
$31.0M
Q2 24
$38.0M
$34.0M
Q1 24
$30.1M
$37.0M
Stockholders' Equity
AKBA
AKBA
MUX
MUX
Q4 25
$32.6M
$546.2M
Q3 25
$41.6M
$488.6M
Q2 25
$29.2M
$484.5M
Q1 25
$24.6M
$479.8M
Q4 24
$-49.2M
$495.0M
Q3 24
$-50.4M
$502.1M
Q2 24
$-33.8M
$485.2M
Q1 24
$-27.3M
$482.5M
Total Assets
AKBA
AKBA
MUX
MUX
Q4 25
$376.6M
$820.2M
Q3 25
$364.2M
$747.6M
Q2 25
$345.6M
$735.6M
Q1 25
$310.2M
$730.6M
Q4 24
$220.7M
$664.6M
Q3 24
$207.1M
$667.8M
Q2 24
$220.2M
$645.1M
Q1 24
$225.5M
$638.7M
Debt / Equity
AKBA
AKBA
MUX
MUX
Q4 25
1.48×
0.23×
Q3 25
1.15×
0.26×
Q2 25
1.61×
0.26×
Q1 25
1.89×
0.26×
Q4 24
0.08×
Q3 24
0.06×
Q2 24
0.07×
Q1 24
0.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AKBA
AKBA
MUX
MUX
Operating Cash FlowLast quarter
$31.1M
$3.1M
Free Cash FlowOCF − Capex
$31.1M
FCF MarginFCF / Revenue
53.9%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters
$67.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AKBA
AKBA
MUX
MUX
Q4 25
$31.1M
$3.1M
Q3 25
$28.1M
$5.2M
Q2 25
$22.3M
$478.0K
Q1 25
$-13.6M
$-1.9M
Q4 24
$-4.5M
$-1.2M
Q3 24
$-6.7M
$23.2M
Q2 24
$-10.1M
$3.6M
Q1 24
$-19.4M
$3.9M
Free Cash Flow
AKBA
AKBA
MUX
MUX
Q4 25
$31.1M
Q3 25
$28.0M
Q2 25
$22.2M
Q1 25
$-13.6M
Q4 24
$-4.5M
Q3 24
$-6.7M
Q2 24
$-10.1M
Q1 24
FCF Margin
AKBA
AKBA
MUX
MUX
Q4 25
53.9%
Q3 25
47.7%
Q2 25
35.6%
Q1 25
-23.7%
Q4 24
-9.6%
Q3 24
-17.9%
Q2 24
-23.1%
Q1 24
Capex Intensity
AKBA
AKBA
MUX
MUX
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.2%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.1%
Q1 24
0.0%
Cash Conversion
AKBA
AKBA
MUX
MUX
Q4 25
0.08×
Q3 25
52.05×
Q2 25
90.47×
0.16×
Q1 25
-2.22×
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

AKBA
AKBA

Auryxia$48.1M84%
Vafseo$6.2M11%
License Collaboration And Other Revenue$3.3M6%

MUX
MUX

Segment breakdown not available.

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