vs

Side-by-side financial comparison of Altimmune, Inc. (ALT) and Vir Biotechnology, Inc. (VIR). Click either name above to swap in a different company.

Vir Biotechnology, Inc. is the larger business by last-quarter revenue ($240.0K vs $26.0K, roughly 9.2× Altimmune, Inc.). On growth, Altimmune, Inc. posted the faster year-over-year revenue change (420.0% vs -89.9%). Altimmune, Inc. produced more free cash flow last quarter ($-67.5M vs $-167.9M). Over the past eight quarters, Altimmune, Inc.'s revenue compounded faster (128.0% CAGR vs -88.0%).

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.

Vir Biotechnology, Inc. is a clinical-stage immunology company focused on developing innovative therapies and vaccines to address serious infectious diseases including COVID-19, hepatitis B, HIV, and influenza. It operates primarily in the global biopharmaceutical market, collaborating with leading industry partners to advance its pipeline of targeted immune-based solutions for patient populations worldwide.

ALT vs VIR — Head-to-Head

Bigger by revenue
VIR
VIR
9.2× larger
VIR
$240.0K
$26.0K
ALT
Growing faster (revenue YoY)
ALT
ALT
+509.9% gap
ALT
420.0%
-89.9%
VIR
More free cash flow
ALT
ALT
$100.3M more FCF
ALT
$-67.5M
$-167.9M
VIR
Faster 2-yr revenue CAGR
ALT
ALT
Annualised
ALT
128.0%
-88.0%
VIR

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ALT
ALT
VIR
VIR
Revenue
$26.0K
$240.0K
Net Profit
$-163.1M
Gross Margin
Operating Margin
-72267.9%
Net Margin
-67975.4%
Revenue YoY
420.0%
-89.9%
Net Profit YoY
-18.0%
23.7%
EPS (diluted)
$-1.17

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
VIR
VIR
Q4 25
$26.0K
Q3 25
$5.0K
$240.0K
Q2 25
$5.0K
$1.2M
Q1 25
$5.0K
$3.0M
Q4 24
$5.0K
$12.4M
Q3 24
$5.0K
$2.4M
Q2 24
$5.0K
$3.1M
Q1 24
$5.0K
$56.4M
Net Profit
ALT
ALT
VIR
VIR
Q4 25
Q3 25
$-19.0M
$-163.1M
Q2 25
$-22.1M
$-111.0M
Q1 25
$-19.6M
$-121.0M
Q4 24
Q3 24
$-22.8M
$-213.7M
Q2 24
$-24.6M
$-138.4M
Q1 24
$-24.4M
$-65.3M
Gross Margin
ALT
ALT
VIR
VIR
Q4 25
Q3 25
Q2 25
99.1%
Q1 25
Q4 24
Q3 24
97.9%
Q2 24
98.3%
Q1 24
99.9%
Operating Margin
ALT
ALT
VIR
VIR
Q4 25
Q3 25
-417180.0%
-72267.9%
Q2 25
-458440.0%
-9754.3%
Q1 25
-436300.0%
-4602.5%
Q4 24
Q3 24
-495340.0%
-9718.7%
Q2 24
-534900.0%
-5158.7%
Q1 24
-535880.0%
-142.0%
Net Margin
ALT
ALT
VIR
VIR
Q4 25
Q3 25
-380280.0%
-67975.4%
Q2 25
-442920.0%
-9139.9%
Q1 25
-391500.0%
-3989.6%
Q4 24
Q3 24
-456900.0%
-8979.7%
Q2 24
-492800.0%
-4500.1%
Q1 24
-487880.0%
-115.8%
EPS (diluted)
ALT
ALT
VIR
VIR
Q4 25
Q3 25
$-0.21
$-1.17
Q2 25
$-0.27
$-0.80
Q1 25
$-0.26
$-0.88
Q4 24
Q3 24
$-0.32
$-1.56
Q2 24
$-0.35
$-1.02
Q1 24
$-0.34
$-0.48

Balance Sheet & Financial Strength

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

Metric
ALT
ALT
VIR
VIR
Cash + ST InvestmentsLiquidity on hand
$273.5M
$497.8M
Total DebtLower is stronger
$34.3M
Stockholders' EquityBook value
$224.9M
$796.1M
Total Assets
$279.9M
$1.0B
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALT
ALT
VIR
VIR
Q4 25
$273.5M
Q3 25
$210.8M
$497.8M
Q2 25
$183.1M
$598.7M
Q1 25
$149.8M
$790.9M
Q4 24
$131.9M
$901.0M
Q3 24
$139.4M
$909.0M
Q2 24
$164.9M
$1.1B
Q1 24
$182.0M
$1.1B
Total Debt
ALT
ALT
VIR
VIR
Q4 25
$34.3M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ALT
ALT
VIR
VIR
Q4 25
$224.9M
Q3 25
$185.6M
$796.1M
Q2 25
$161.4M
$947.5M
Q1 25
$142.2M
$1.0B
Q4 24
$123.5M
$1.2B
Q3 24
$133.4M
$1.2B
Q2 24
$152.5M
$1.4B
Q1 24
$172.9M
$1.5B
Total Assets
ALT
ALT
VIR
VIR
Q4 25
$279.9M
Q3 25
$218.4M
$1.0B
Q2 25
$190.3M
$1.2B
Q1 25
$157.3M
$1.3B
Q4 24
$139.3M
$1.4B
Q3 24
$147.9M
$1.5B
Q2 24
$173.3M
$1.7B
Q1 24
$188.4M
$1.8B
Debt / Equity
ALT
ALT
VIR
VIR
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
VIR
VIR
Operating Cash FlowLast quarter
$-67.5M
$-167.6M
Free Cash FlowOCF − Capex
$-67.5M
$-167.9M
FCF MarginFCF / Revenue
-259792.3%
-69952.9%
Capex IntensityCapex / Revenue
42.3%
132.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-824.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALT
ALT
VIR
VIR
Q4 25
$-67.5M
Q3 25
$-11.9M
$-167.6M
Q2 25
$-19.4M
$-120.2M
Q1 25
$-16.8M
$-78.1M
Q4 24
$-79.8M
$-446.4M
Q3 24
$-27.1M
$-171.5M
Q2 24
$-18.1M
$-77.8M
Q1 24
$-16.4M
$-109.4M
Free Cash Flow
ALT
ALT
VIR
VIR
Q4 25
$-67.5M
Q3 25
$-167.9M
Q2 25
$-122.8M
Q1 25
$-79.7M
Q4 24
$-453.7M
Q3 24
$-174.2M
Q2 24
$-78.5M
Q1 24
$-111.3M
FCF Margin
ALT
ALT
VIR
VIR
Q4 25
-259792.3%
Q3 25
-69952.9%
Q2 25
-10111.8%
Q1 25
-2630.1%
Q4 24
-3666.2%
Q3 24
-7321.3%
Q2 24
-2553.3%
Q1 24
-197.4%
Capex Intensity
ALT
ALT
VIR
VIR
Q4 25
42.3%
Q3 25
0.0%
132.1%
Q2 25
209.1%
Q1 25
53.7%
Q4 24
59.0%
Q3 24
116.3%
Q2 24
21.7%
Q1 24
3.3%

Financial Flow Comparison

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

Related Comparisons