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Side-by-side financial comparison of ALNYLAM PHARMACEUTICALS, INC. (ALNY) and ATI INC (ATI). Click either name above to swap in a different company.

ATI INC is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.1× ALNYLAM PHARMACEUTICALS, INC.). ALNYLAM PHARMACEUTICALS, INC. runs the higher net margin — 17.0% vs 8.2%, a 8.8% gap on every dollar of revenue. On growth, ALNYLAM PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (84.9% vs 0.4%). ATI INC produced more free cash flow last quarter ($223.1M vs $140.3M). Over the past eight quarters, ALNYLAM PHARMACEUTICALS, INC.'s revenue compounded faster (49.0% CAGR vs 6.2%).

Alnylam Pharmaceuticals, Inc. is an American biopharmaceutical company focused on the discovery, development and commercialization of RNA interference (RNAi) therapeutics for genetically defined diseases. The company was founded in 2002 and is headquartered in Cambridge, Massachusetts. In 2016, Forbes included the company on its "100 Most Innovative Growth Companies" list.

ATI Technologies Inc. was a Canadian semiconductor technology corporation based in Markham, Ontario, that specialized in the development of graphics processing units and chipsets. Founded in 1985, the company listed publicly in 1993 and was acquired by AMD in 2006. As a major fabless semiconductor company, ATI conducted research and development in-house and outsourced the manufacturing and assembly of its products. With the decline and eventual bankruptcy of 3dfx in 2000, ATI and its chief ri...

ALNY vs ATI — Head-to-Head

Bigger by revenue
ATI
ATI
1.1× larger
ATI
$1.2B
$1.1B
ALNY
Growing faster (revenue YoY)
ALNY
ALNY
+84.6% gap
ALNY
84.9%
0.4%
ATI
Higher net margin
ALNY
ALNY
8.8% more per $
ALNY
17.0%
8.2%
ATI
More free cash flow
ATI
ATI
$82.8M more FCF
ATI
$223.1M
$140.3M
ALNY
Faster 2-yr revenue CAGR
ALNY
ALNY
Annualised
ALNY
49.0%
6.2%
ATI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALNY
ALNY
ATI
ATI
Revenue
$1.1B
$1.2B
Net Profit
$186.4M
$96.6M
Gross Margin
75.6%
23.2%
Operating Margin
12.0%
14.5%
Net Margin
17.0%
8.2%
Revenue YoY
84.9%
0.4%
Net Profit YoY
322.6%
-29.5%
EPS (diluted)
$1.44
$0.70

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
ALNY
ALNY
ATI
ATI
Q4 25
$1.1B
$1.2B
Q3 25
$1.2B
$1.1B
Q2 25
$773.7M
$1.1B
Q1 25
$594.2M
$1.1B
Q4 24
$593.2M
$1.2B
Q3 24
$500.9M
$1.1B
Q2 24
$659.8M
$1.1B
Q1 24
$494.3M
$1.0B
Net Profit
ALNY
ALNY
ATI
ATI
Q4 25
$186.4M
$96.6M
Q3 25
$251.1M
$110.0M
Q2 25
$-66.3M
$100.7M
Q1 25
$-57.5M
$97.0M
Q4 24
$-83.8M
$137.1M
Q3 24
$-111.6M
$82.7M
Q2 24
$-16.9M
$81.9M
Q1 24
$-65.9M
$66.1M
Gross Margin
ALNY
ALNY
ATI
ATI
Q4 25
75.6%
23.2%
Q3 25
84.2%
22.7%
Q2 25
81.6%
21.3%
Q1 25
88.2%
20.6%
Q4 24
82.7%
21.2%
Q3 24
83.6%
21.4%
Q2 24
89.8%
20.8%
Q1 24
89.0%
18.9%
Operating Margin
ALNY
ALNY
ATI
ATI
Q4 25
12.0%
14.5%
Q3 25
29.5%
14.4%
Q2 25
-2.1%
14.1%
Q1 25
3.0%
12.8%
Q4 24
-17.7%
17.8%
Q3 24
-15.4%
13.5%
Q2 24
7.4%
13.0%
Q1 24
-8.8%
11.0%
Net Margin
ALNY
ALNY
ATI
ATI
Q4 25
17.0%
8.2%
Q3 25
20.1%
9.8%
Q2 25
-8.6%
8.8%
Q1 25
-9.7%
8.5%
Q4 24
-14.1%
11.7%
Q3 24
-22.3%
7.9%
Q2 24
-2.6%
7.5%
Q1 24
-13.3%
6.3%
EPS (diluted)
ALNY
ALNY
ATI
ATI
Q4 25
$1.44
$0.70
Q3 25
$1.84
$0.78
Q2 25
$-0.51
$0.70
Q1 25
$-0.44
$0.67
Q4 24
$-0.66
$0.94
Q3 24
$-0.87
$0.57
Q2 24
$-0.13
$0.58
Q1 24
$-0.52
$0.46

Balance Sheet & Financial Strength

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

Metric
ALNY
ALNY
ATI
ATI
Cash + ST InvestmentsLiquidity on hand
$1.7B
$416.7M
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$789.2M
$1.8B
Total Assets
$5.0B
$5.1B
Debt / EquityLower = less leverage
0.95×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALNY
ALNY
ATI
ATI
Q4 25
$1.7B
$416.7M
Q3 25
$1.5B
$372.2M
Q2 25
$1.1B
$319.6M
Q1 25
$1.0B
$475.8M
Q4 24
$966.4M
$721.2M
Q3 24
$1.1B
$406.6M
Q2 24
$968.5M
$425.6M
Q1 24
$681.9M
$394.4M
Total Debt
ALNY
ALNY
ATI
ATI
Q4 25
$1.7B
Q3 25
$1.7B
Q2 25
$1.7B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$1.9B
Q2 24
$1.9B
Q1 24
$2.1B
Stockholders' Equity
ALNY
ALNY
ATI
ATI
Q4 25
$789.2M
$1.8B
Q3 25
$233.9M
$1.7B
Q2 25
$250.6M
$1.7B
Q1 25
$115.4M
$1.9B
Q4 24
$67.1M
$1.9B
Q3 24
$32.4M
$1.8B
Q2 24
$-3.1M
$1.4B
Q1 24
$-219.3M
$1.3B
Total Assets
ALNY
ALNY
ATI
ATI
Q4 25
$5.0B
$5.1B
Q3 25
$4.9B
$5.0B
Q2 25
$4.6B
$5.0B
Q1 25
$4.2B
$5.2B
Q4 24
$4.2B
$5.2B
Q3 24
$4.2B
$5.1B
Q2 24
$4.0B
$4.9B
Q1 24
$3.8B
$4.8B
Debt / Equity
ALNY
ALNY
ATI
ATI
Q4 25
0.95×
Q3 25
1.00×
Q2 25
0.98×
Q1 25
0.91×
Q4 24
0.93×
Q3 24
1.04×
Q2 24
1.37×
Q1 24
1.70×

Cash Flow & Capital Efficiency

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

Metric
ALNY
ALNY
ATI
ATI
Operating Cash FlowLast quarter
$163.6M
$315.8M
Free Cash FlowOCF − Capex
$140.3M
$223.1M
FCF MarginFCF / Revenue
12.8%
19.0%
Capex IntensityCapex / Revenue
2.1%
7.9%
Cash ConversionOCF / Net Profit
0.88×
3.27×
TTM Free Cash FlowTrailing 4 quarters
$465.4M
$333.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALNY
ALNY
ATI
ATI
Q4 25
$163.6M
$315.8M
Q3 25
$325.1M
$229.5M
Q2 25
$153.7M
$161.5M
Q1 25
$-118.3M
$-92.5M
Q4 24
$-94.7M
$380.9M
Q3 24
$43.7M
$24.0M
Q2 24
$124.2M
$101.1M
Q1 24
$-81.5M
$-98.8M
Free Cash Flow
ALNY
ALNY
ATI
ATI
Q4 25
$140.3M
$223.1M
Q3 25
$313.0M
$167.0M
Q2 25
$139.4M
$89.4M
Q1 25
$-127.3M
$-145.8M
Q4 24
$-103.8M
$333.6M
Q3 24
$39.5M
$-41.8M
Q2 24
$116.1M
$40.9M
Q1 24
$-94.5M
$-164.6M
FCF Margin
ALNY
ALNY
ATI
ATI
Q4 25
12.8%
19.0%
Q3 25
25.1%
14.8%
Q2 25
18.0%
7.8%
Q1 25
-21.4%
-12.7%
Q4 24
-17.5%
28.4%
Q3 24
7.9%
-4.0%
Q2 24
17.6%
3.7%
Q1 24
-19.1%
-15.8%
Capex Intensity
ALNY
ALNY
ATI
ATI
Q4 25
2.1%
7.9%
Q3 25
1.0%
5.6%
Q2 25
1.8%
6.3%
Q1 25
1.5%
4.7%
Q4 24
1.5%
4.0%
Q3 24
0.8%
6.3%
Q2 24
1.2%
5.5%
Q1 24
2.6%
6.3%
Cash Conversion
ALNY
ALNY
ATI
ATI
Q4 25
0.88×
3.27×
Q3 25
1.29×
2.09×
Q2 25
1.60×
Q1 25
-0.95×
Q4 24
2.78×
Q3 24
0.29×
Q2 24
1.23×
Q1 24
-1.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALNY
ALNY

TTR$858.3M78%
Rare$136.4M12%
GIVLAARI$56.3M5%
Collaborative Arrangement$40.9M4%
ONPATTRO$12.0M1%

ATI
ATI

Other$527.1M45%
Advanced Alloys Solutions$333.5M28%
Airframes Commercial$82.0M7%
Defense$73.7M6%
Electronics Market$53.1M5%
Internal Customers$50.9M4%
Specialty Energy$29.3M2%
Medical Market$12.2M1%
Construction Mining Market$7.2M1%
Other Market$5.6M0%
Conventional Energy$1.9M0%
Automotive Market$600.0K0%

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