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Side-by-side financial comparison of Altimmune, Inc. (ALT) and ORGANIGRAM GLOBAL INC. (OGI). Click either name above to swap in a different company.

ORGANIGRAM GLOBAL INC. is the larger business by last-quarter revenue ($39.6K vs $26.0K, roughly 1.5× Altimmune, Inc.). ORGANIGRAM GLOBAL INC. produced more free cash flow last quarter ($-19.9K vs $-67.5M).

Altimmune, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative immunotherapies, vaccines, and peptide-based therapies. Its pipeline covers infectious disease prevention, liver disease treatments, and metabolic disorder therapies, serving global biopharmaceutical and healthcare markets while advancing candidates through clinical trials.

Organigram Global Inc. is a leading Canadian producer of high-quality recreational and medical cannabis products. It offers a diverse portfolio of dried flower, edibles, vape products and pre-rolls, primarily serving the domestic Canadian market while expanding operations in select international markets including parts of Europe.

ALT vs OGI — Head-to-Head

Bigger by revenue
OGI
OGI
1.5× larger
OGI
$39.6K
$26.0K
ALT
More free cash flow
OGI
OGI
$67.5M more FCF
OGI
$-19.9K
$-67.5M
ALT

Income Statement — Q4 FY2025 vs Q3 FY2022

Metric
ALT
ALT
OGI
OGI
Revenue
$26.0K
$39.6K
Net Profit
$-76.5K
Gross Margin
Operating Margin
-128.4%
Net Margin
-192.9%
Revenue YoY
420.0%
Net Profit YoY
-18.0%
EPS (diluted)

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
ALT
ALT
OGI
OGI
Q4 25
$26.0K
Q3 25
$5.0K
Q2 25
$5.0K
Q1 25
$5.0K
Q4 24
$5.0K
Q3 24
$5.0K
Q2 24
$5.0K
Q1 24
$5.0K
Net Profit
ALT
ALT
OGI
OGI
Q4 25
Q3 25
$-19.0M
Q2 25
$-22.1M
Q1 25
$-19.6M
Q4 24
Q3 24
$-22.8M
Q2 24
$-24.6M
Q1 24
$-24.4M
Operating Margin
ALT
ALT
OGI
OGI
Q4 25
Q3 25
-417180.0%
Q2 25
-458440.0%
Q1 25
-436300.0%
Q4 24
Q3 24
-495340.0%
Q2 24
-534900.0%
Q1 24
-535880.0%
Net Margin
ALT
ALT
OGI
OGI
Q4 25
Q3 25
-380280.0%
Q2 25
-442920.0%
Q1 25
-391500.0%
Q4 24
Q3 24
-456900.0%
Q2 24
-492800.0%
Q1 24
-487880.0%
EPS (diluted)
ALT
ALT
OGI
OGI
Q4 25
Q3 25
$-0.21
Q2 25
$-0.27
Q1 25
$-0.26
Q4 24
Q3 24
$-0.32
Q2 24
$-0.35
Q1 24
$-0.34

Balance Sheet & Financial Strength

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

Metric
ALT
ALT
OGI
OGI
Cash + ST InvestmentsLiquidity on hand
$273.5M
Total DebtLower is stronger
$34.3M
Stockholders' EquityBook value
$224.9M
Total Assets
$279.9M
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALT
ALT
OGI
OGI
Q4 25
$273.5M
Q3 25
$210.8M
Q2 25
$183.1M
Q1 25
$149.8M
Q4 24
$131.9M
Q3 24
$139.4M
Q2 24
$164.9M
Q1 24
$182.0M
Total Debt
ALT
ALT
OGI
OGI
Q4 25
$34.3M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ALT
ALT
OGI
OGI
Q4 25
$224.9M
Q3 25
$185.6M
Q2 25
$161.4M
Q1 25
$142.2M
Q4 24
$123.5M
Q3 24
$133.4M
Q2 24
$152.5M
Q1 24
$172.9M
Total Assets
ALT
ALT
OGI
OGI
Q4 25
$279.9M
Q3 25
$218.4M
Q2 25
$190.3M
Q1 25
$157.3M
Q4 24
$139.3M
Q3 24
$147.9M
Q2 24
$173.3M
Q1 24
$188.4M
Debt / Equity
ALT
ALT
OGI
OGI
Q4 25
0.15×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
ALT
ALT
OGI
OGI
Operating Cash FlowLast quarter
$-67.5M
$-15.2K
Free Cash FlowOCF − Capex
$-67.5M
$-19.9K
FCF MarginFCF / Revenue
-259792.3%
-50.2%
Capex IntensityCapex / Revenue
42.3%
11.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALT
ALT
OGI
OGI
Q4 25
$-67.5M
Q3 25
$-11.9M
Q2 25
$-19.4M
Q1 25
$-16.8M
Q4 24
$-79.8M
Q3 24
$-27.1M
Q2 24
$-18.1M
Q1 24
$-16.4M
Free Cash Flow
ALT
ALT
OGI
OGI
Q4 25
$-67.5M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
ALT
ALT
OGI
OGI
Q4 25
-259792.3%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
ALT
ALT
OGI
OGI
Q4 25
42.3%
Q3 25
0.0%
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

ALT
ALT

Segment breakdown not available.

OGI
OGI

Unrealized gain on changes in fair value of biological assets (Note 7)$20.1K51%
Other$19.6K49%

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