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

ALNYLAM PHARMACEUTICALS, INC. is the larger business by last-quarter revenue ($1.1B vs $625.5M, roughly 1.8× Global-E Online Ltd.). ALNYLAM PHARMACEUTICALS, INC. runs the higher net margin — 17.0% vs 0.9%, a 16.1% gap on every dollar of revenue.

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.

Global-E Online Ltd. operates a leading cross-border e-commerce enablement platform that helps direct-to-consumer brands and retail enterprises expand their international sales reach. It offers end-to-end services including localized checkout, payment processing, customs clearance, logistics coordination, and duty calculation, serving clients across North America, Europe, and the Asia-Pacific region.

ALNY vs GLBE — Head-to-Head

Bigger by revenue
ALNY
ALNY
1.8× larger
ALNY
$1.1B
$625.5M
GLBE
Higher net margin
ALNY
ALNY
16.1% more per $
ALNY
17.0%
0.9%
GLBE

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ALNY
ALNY
GLBE
GLBE
Revenue
$1.1B
$625.5M
Net Profit
$186.4M
$5.8M
Gross Margin
75.6%
45.0%
Operating Margin
12.0%
1.3%
Net Margin
17.0%
0.9%
Revenue YoY
84.9%
Net Profit YoY
322.6%
EPS (diluted)
$1.44

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
GLBE
GLBE
Q4 25
$1.1B
Q3 25
$1.2B
$625.5M
Q2 25
$773.7M
$404.8M
Q1 25
$594.2M
$189.9M
Q4 24
$593.2M
Q3 24
$500.9M
$489.9M
Q2 24
$659.8M
$313.9M
Q1 24
$494.3M
$145.9M
Net Profit
ALNY
ALNY
GLBE
GLBE
Q4 25
$186.4M
Q3 25
$251.1M
$5.8M
Q2 25
$-66.3M
$-7.4M
Q1 25
$-57.5M
Q4 24
$-83.8M
Q3 24
$-111.6M
$-77.1M
Q2 24
$-16.9M
$-54.5M
Q1 24
$-65.9M
Gross Margin
ALNY
ALNY
GLBE
GLBE
Q4 25
75.6%
Q3 25
84.2%
45.0%
Q2 25
81.6%
44.9%
Q1 25
88.2%
44.3%
Q4 24
82.7%
Q3 24
83.6%
45.1%
Q2 24
89.8%
44.8%
Q1 24
89.0%
43.4%
Operating Margin
ALNY
ALNY
GLBE
GLBE
Q4 25
12.0%
Q3 25
29.5%
1.3%
Q2 25
-2.1%
-2.1%
Q1 25
3.0%
-10.1%
Q4 24
-17.7%
Q3 24
-15.4%
-14.9%
Q2 24
7.4%
-16.6%
Q1 24
-8.8%
-20.1%
Net Margin
ALNY
ALNY
GLBE
GLBE
Q4 25
17.0%
Q3 25
20.1%
0.9%
Q2 25
-8.6%
-1.8%
Q1 25
-9.7%
Q4 24
-14.1%
Q3 24
-22.3%
-15.7%
Q2 24
-2.6%
-17.4%
Q1 24
-13.3%
EPS (diluted)
ALNY
ALNY
GLBE
GLBE
Q4 25
$1.44
Q3 25
$1.84
Q2 25
$-0.51
Q1 25
$-0.44
Q4 24
$-0.66
Q3 24
$-0.87
Q2 24
$-0.13
Q1 24
$-0.52

Balance Sheet & Financial Strength

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

Metric
ALNY
ALNY
GLBE
GLBE
Cash + ST InvestmentsLiquidity on hand
$1.7B
$251.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$789.2M
$933.0M
Total Assets
$5.0B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALNY
ALNY
GLBE
GLBE
Q4 25
$1.7B
Q3 25
$1.5B
$251.4M
Q2 25
$1.1B
$205.2M
Q1 25
$1.0B
$207.7M
Q4 24
$966.4M
Q3 24
$1.1B
$207.3M
Q2 24
$968.5M
$229.8M
Q1 24
$681.9M
$181.9M
Stockholders' Equity
ALNY
ALNY
GLBE
GLBE
Q4 25
$789.2M
Q3 25
$233.9M
$933.0M
Q2 25
$250.6M
$909.1M
Q1 25
$115.4M
$884.3M
Q4 24
$67.1M
Q3 24
$32.4M
$869.4M
Q2 24
$-3.1M
$878.7M
Q1 24
$-219.3M
$886.9M
Total Assets
ALNY
ALNY
GLBE
GLBE
Q4 25
$5.0B
Q3 25
$4.9B
$1.3B
Q2 25
$4.6B
$1.2B
Q1 25
$4.2B
$1.2B
Q4 24
$4.2B
Q3 24
$4.2B
$1.2B
Q2 24
$4.0B
$1.1B
Q1 24
$3.8B
$1.1B

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
GLBE
GLBE
Operating Cash FlowLast quarter
$163.6M
Free Cash FlowOCF − Capex
$140.3M
FCF MarginFCF / Revenue
12.8%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$465.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALNY
ALNY
GLBE
GLBE
Q4 25
$163.6M
Q3 25
$325.1M
Q2 25
$153.7M
Q1 25
$-118.3M
Q4 24
$-94.7M
Q3 24
$43.7M
Q2 24
$124.2M
Q1 24
$-81.5M
Free Cash Flow
ALNY
ALNY
GLBE
GLBE
Q4 25
$140.3M
Q3 25
$313.0M
Q2 25
$139.4M
Q1 25
$-127.3M
Q4 24
$-103.8M
Q3 24
$39.5M
Q2 24
$116.1M
Q1 24
$-94.5M
FCF Margin
ALNY
ALNY
GLBE
GLBE
Q4 25
12.8%
Q3 25
25.1%
Q2 25
18.0%
Q1 25
-21.4%
Q4 24
-17.5%
Q3 24
7.9%
Q2 24
17.6%
Q1 24
-19.1%
Capex Intensity
ALNY
ALNY
GLBE
GLBE
Q4 25
2.1%
Q3 25
1.0%
Q2 25
1.8%
Q1 25
1.5%
Q4 24
1.5%
Q3 24
0.8%
Q2 24
1.2%
Q1 24
2.6%
Cash Conversion
ALNY
ALNY
GLBE
GLBE
Q4 25
0.88×
Q3 25
1.29×
Q2 25
Q1 25
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

ALNY
ALNY

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

GLBE
GLBE

Segment breakdown not available.

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