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Side-by-side financial comparison of Amphastar Pharmaceuticals, Inc. (AMPH) and DENNY'S Corp (DENN). Click either name above to swap in a different company.

Amphastar Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($183.1M vs $113.2M, roughly 1.6× DENNY'S Corp). Amphastar Pharmaceuticals, Inc. runs the higher net margin — 13.3% vs 0.6%, a 12.8% gap on every dollar of revenue. On growth, DENNY'S Corp posted the faster year-over-year revenue change (1.3% vs -1.8%). Amphastar Pharmaceuticals, Inc. produced more free cash flow last quarter ($24.6M vs $16.0M). Over the past eight quarters, Amphastar Pharmaceuticals, Inc.'s revenue compounded faster (3.2% CAGR vs -0.9%).

Amphastar Pharmaceuticals is a publicly traded American speciality pharmaceutical company. It was incorporated in May 2004 and primarily develops, manufactures, and sells inhalation and intranasal products.

Denny's is an American table service diner-style restaurant chain. It operates over 1,400 restaurants in the United States, Canada, México, Puerto Rico, and several other international locations.

AMPH vs DENN — Head-to-Head

Bigger by revenue
AMPH
AMPH
1.6× larger
AMPH
$183.1M
$113.2M
DENN
Growing faster (revenue YoY)
DENN
DENN
+3.2% gap
DENN
1.3%
-1.8%
AMPH
Higher net margin
AMPH
AMPH
12.8% more per $
AMPH
13.3%
0.6%
DENN
More free cash flow
AMPH
AMPH
$8.6M more FCF
AMPH
$24.6M
$16.0M
DENN
Faster 2-yr revenue CAGR
AMPH
AMPH
Annualised
AMPH
3.2%
-0.9%
DENN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AMPH
AMPH
DENN
DENN
Revenue
$183.1M
$113.2M
Net Profit
$24.4M
$632.0K
Gross Margin
46.8%
Operating Margin
19.4%
9.2%
Net Margin
13.3%
0.6%
Revenue YoY
-1.8%
1.3%
Net Profit YoY
-35.7%
-90.3%
EPS (diluted)
$0.51
$0.01

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
AMPH
AMPH
DENN
DENN
Q4 25
$183.1M
Q3 25
$191.8M
$113.2M
Q2 25
$174.4M
$117.7M
Q1 25
$170.5M
$111.6M
Q4 24
$186.5M
$114.7M
Q3 24
$191.2M
$111.8M
Q2 24
$182.4M
$115.9M
Q1 24
$171.8M
$110.0M
Net Profit
AMPH
AMPH
DENN
DENN
Q4 25
$24.4M
Q3 25
$17.4M
$632.0K
Q2 25
$31.0M
$2.5M
Q1 25
$25.3M
$326.0K
Q4 24
$38.0M
$6.8M
Q3 24
$40.4M
$6.5M
Q2 24
$37.9M
$3.6M
Q1 24
$43.2M
$4.7M
Gross Margin
AMPH
AMPH
DENN
DENN
Q4 25
46.8%
Q3 25
51.4%
Q2 25
49.6%
Q1 25
50.0%
Q4 24
46.5%
Q3 24
53.3%
Q2 24
52.2%
Q1 24
52.4%
Operating Margin
AMPH
AMPH
DENN
DENN
Q4 25
19.4%
Q3 25
13.2%
9.2%
Q2 25
24.2%
7.3%
Q1 25
21.9%
4.7%
Q4 24
24.2%
12.6%
Q3 24
29.8%
10.5%
Q2 24
30.3%
7.9%
Q1 24
27.9%
9.1%
Net Margin
AMPH
AMPH
DENN
DENN
Q4 25
13.3%
Q3 25
9.0%
0.6%
Q2 25
17.8%
2.1%
Q1 25
14.8%
0.3%
Q4 24
20.4%
5.9%
Q3 24
21.1%
5.8%
Q2 24
20.8%
3.1%
Q1 24
25.1%
4.3%
EPS (diluted)
AMPH
AMPH
DENN
DENN
Q4 25
$0.51
Q3 25
$0.37
$0.01
Q2 25
$0.64
$0.05
Q1 25
$0.51
$0.01
Q4 24
$0.74
$0.13
Q3 24
$0.78
$0.12
Q2 24
$0.73
$0.07
Q1 24
$0.81
$0.09

Balance Sheet & Financial Strength

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

Metric
AMPH
AMPH
DENN
DENN
Cash + ST InvestmentsLiquidity on hand
$282.8M
Total DebtLower is stronger
$608.7M
Stockholders' EquityBook value
$788.8M
$-32.7M
Total Assets
$1.6B
$502.9M
Debt / EquityLower = less leverage
0.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMPH
AMPH
DENN
DENN
Q4 25
$282.8M
Q3 25
$276.2M
Q2 25
$231.8M
Q1 25
$236.9M
$1.1M
Q4 24
$221.6M
$100.0K
Q3 24
$250.5M
$2.9M
Q2 24
$217.8M
$2.8M
Q1 24
$289.6M
$2.8M
Total Debt
AMPH
AMPH
DENN
DENN
Q4 25
$608.7M
Q3 25
$608.6M
Q2 25
$607.7M
Q1 25
$603.9M
Q4 24
$601.6M
$270.6M
Q3 24
$596.4M
Q2 24
$586.9M
Q1 24
$594.0M
Stockholders' Equity
AMPH
AMPH
DENN
DENN
Q4 25
$788.8M
Q3 25
$776.7M
$-32.7M
Q2 25
$757.5M
$-34.6M
Q1 25
$751.3M
$-36.4M
Q4 24
$732.3M
$-34.0M
Q3 24
$727.7M
$-54.5M
Q2 24
$713.3M
$-53.2M
Q1 24
$672.4M
$-55.7M
Total Assets
AMPH
AMPH
DENN
DENN
Q4 25
$1.6B
Q3 25
$1.7B
$502.9M
Q2 25
$1.6B
$491.1M
Q1 25
$1.6B
$488.1M
Q4 24
$1.6B
$496.3M
Q3 24
$1.5B
$461.6M
Q2 24
$1.5B
$459.9M
Q1 24
$1.6B
$460.4M
Debt / Equity
AMPH
AMPH
DENN
DENN
Q4 25
0.77×
Q3 25
0.78×
Q2 25
0.80×
Q1 25
0.80×
Q4 24
0.82×
Q3 24
0.82×
Q2 24
0.82×
Q1 24
0.88×

Cash Flow & Capital Efficiency

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

Metric
AMPH
AMPH
DENN
DENN
Operating Cash FlowLast quarter
$32.9M
$16.0M
Free Cash FlowOCF − Capex
$24.6M
$16.0M
FCF MarginFCF / Revenue
13.4%
14.1%
Capex IntensityCapex / Revenue
4.5%
0.0%
Cash ConversionOCF / Net Profit
1.35×
25.28×
TTM Free Cash FlowTrailing 4 quarters
$121.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMPH
AMPH
DENN
DENN
Q4 25
$32.9M
Q3 25
$52.6M
$16.0M
Q2 25
$35.6M
$9.4M
Q1 25
$35.1M
$5.0M
Q4 24
$29.0M
$8.5M
Q3 24
$60.0M
$6.6M
Q2 24
$69.1M
$14.2M
Q1 24
$55.3M
$215.0K
Free Cash Flow
AMPH
AMPH
DENN
DENN
Q4 25
$24.6M
Q3 25
$47.2M
$16.0M
Q2 25
$25.0M
Q1 25
$24.4M
Q4 24
$16.6M
Q3 24
$46.2M
Q2 24
$63.1M
Q1 24
$46.5M
FCF Margin
AMPH
AMPH
DENN
DENN
Q4 25
13.4%
Q3 25
24.6%
14.1%
Q2 25
14.3%
Q1 25
14.3%
Q4 24
8.9%
Q3 24
24.1%
Q2 24
34.6%
Q1 24
27.1%
Capex Intensity
AMPH
AMPH
DENN
DENN
Q4 25
4.5%
Q3 25
2.8%
0.0%
Q2 25
6.1%
Q1 25
6.3%
Q4 24
6.7%
Q3 24
7.2%
0.0%
Q2 24
3.3%
Q1 24
5.1%
Cash Conversion
AMPH
AMPH
DENN
DENN
Q4 25
1.35×
Q3 25
3.03×
25.28×
Q2 25
1.15×
3.79×
Q1 25
1.39×
15.38×
Q4 24
0.76×
1.26×
Q3 24
1.48×
1.01×
Q2 24
1.82×
3.97×
Q1 24
1.28×
0.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMPH
AMPH

Other Products$62.4M34%
Baqsimi$46.7M26%
Primatenemist$27.9M15%
Epinephrine$17.1M9%
Lidocaine$14.9M8%
Glucagon$14.1M8%

DENN
DENN

Franchisor Owned Outlet$57.4M51%
Royalty$27.7M25%
Advertising$18.6M16%
Occupancy$7.7M7%
Initial And Other Fees$1.7M1%

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