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Side-by-side financial comparison of Amphastar Pharmaceuticals, Inc. (AMPH) and FLEXSTEEL INDUSTRIES INC (FLXS). Click either name above to swap in a different company.

Amphastar Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($183.1M vs $115.1M, roughly 1.6× FLEXSTEEL INDUSTRIES INC). FLEXSTEEL INDUSTRIES INC runs the higher net margin — 17.7% vs 13.3%, a 4.4% gap on every dollar of revenue. On growth, FLEXSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (1.0% vs -1.8%). Over the past eight quarters, Amphastar Pharmaceuticals, Inc.'s revenue compounded faster (3.2% CAGR vs 1.9%).

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.

Flexsteel Industries Inc is a leading U.S.-headquartered furniture manufacturer that designs, produces and distributes a wide portfolio of upholstered residential, commercial, and hospitality furniture. It primarily operates across North American markets, serving end consumers, retail partners and corporate clients through its extensive distribution network.

AMPH vs FLXS — Head-to-Head

Bigger by revenue
AMPH
AMPH
1.6× larger
AMPH
$183.1M
$115.1M
FLXS
Growing faster (revenue YoY)
FLXS
FLXS
+2.8% gap
FLXS
1.0%
-1.8%
AMPH
Higher net margin
FLXS
FLXS
4.4% more per $
FLXS
17.7%
13.3%
AMPH
Faster 2-yr revenue CAGR
AMPH
AMPH
Annualised
AMPH
3.2%
1.9%
FLXS

Income Statement — Q4 FY2025 vs Q1 FY2027

Metric
AMPH
AMPH
FLXS
FLXS
Revenue
$183.1M
$115.1M
Net Profit
$24.4M
$20.4M
Gross Margin
46.8%
22.6%
Operating Margin
19.4%
Net Margin
13.3%
17.7%
Revenue YoY
-1.8%
1.0%
Net Profit YoY
-35.7%
116.0%
EPS (diluted)
$0.51
$1.14

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
FLXS
FLXS
Q3 26
$115.1M
Q4 25
$183.1M
$118.2M
Q3 25
$191.8M
$110.4M
Q2 25
$174.4M
$114.6M
Q1 25
$170.5M
$114.0M
Q4 24
$186.5M
$108.5M
Q3 24
$191.2M
$104.0M
Q2 24
$182.4M
$110.8M
Net Profit
AMPH
AMPH
FLXS
FLXS
Q3 26
$20.4M
Q4 25
$24.4M
$6.6M
Q3 25
$17.4M
$7.3M
Q2 25
$31.0M
$10.7M
Q1 25
$25.3M
$-3.7M
Q4 24
$38.0M
$9.1M
Q3 24
$40.4M
$4.1M
Q2 24
$37.9M
$4.9M
Gross Margin
AMPH
AMPH
FLXS
FLXS
Q3 26
22.6%
Q4 25
46.8%
22.7%
Q3 25
51.4%
23.5%
Q2 25
49.6%
23.9%
Q1 25
50.0%
22.2%
Q4 24
46.5%
21.0%
Q3 24
53.3%
21.5%
Q2 24
52.2%
21.3%
Operating Margin
AMPH
AMPH
FLXS
FLXS
Q3 26
Q4 25
19.4%
7.6%
Q3 25
13.2%
8.1%
Q2 25
24.2%
12.2%
Q1 25
21.9%
-4.4%
Q4 24
24.2%
10.7%
Q3 24
29.8%
5.8%
Q2 24
30.3%
6.9%
Net Margin
AMPH
AMPH
FLXS
FLXS
Q3 26
17.7%
Q4 25
13.3%
5.6%
Q3 25
9.0%
6.6%
Q2 25
17.8%
9.3%
Q1 25
14.8%
-3.3%
Q4 24
20.4%
8.3%
Q3 24
21.1%
4.0%
Q2 24
20.8%
4.4%
EPS (diluted)
AMPH
AMPH
FLXS
FLXS
Q3 26
$1.14
Q4 25
$0.51
$1.18
Q3 25
$0.37
$1.31
Q2 25
$0.64
$1.90
Q1 25
$0.51
$-0.71
Q4 24
$0.74
$1.62
Q3 24
$0.78
$0.74
Q2 24
$0.73
$0.87

Balance Sheet & Financial Strength

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

Metric
AMPH
AMPH
FLXS
FLXS
Cash + ST InvestmentsLiquidity on hand
$282.8M
$57.3M
Total DebtLower is stronger
$608.7M
Stockholders' EquityBook value
$788.8M
$185.3M
Total Assets
$1.6B
$290.2M
Debt / EquityLower = less leverage
0.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMPH
AMPH
FLXS
FLXS
Q3 26
$57.3M
Q4 25
$282.8M
$36.8M
Q3 25
$276.2M
$38.6M
Q2 25
$231.8M
$40.0M
Q1 25
$236.9M
$22.6M
Q4 24
$221.6M
$11.8M
Q3 24
$250.5M
$5.7M
Q2 24
$217.8M
$4.8M
Total Debt
AMPH
AMPH
FLXS
FLXS
Q3 26
Q4 25
$608.7M
Q3 25
$608.6M
Q2 25
$607.7M
Q1 25
$603.9M
Q4 24
$601.6M
Q3 24
$596.4M
Q2 24
$586.9M
Stockholders' Equity
AMPH
AMPH
FLXS
FLXS
Q3 26
$185.3M
Q4 25
$788.8M
$178.9M
Q3 25
$776.7M
$172.2M
Q2 25
$757.5M
$167.9M
Q1 25
$751.3M
$158.1M
Q4 24
$732.3M
$161.9M
Q3 24
$727.7M
$154.7M
Q2 24
$713.3M
$150.4M
Total Assets
AMPH
AMPH
FLXS
FLXS
Q3 26
$290.2M
Q4 25
$1.6B
$290.2M
Q3 25
$1.7B
$281.5M
Q2 25
$1.6B
$282.5M
Q1 25
$1.6B
$266.1M
Q4 24
$1.6B
$271.5M
Q3 24
$1.5B
$268.7M
Q2 24
$1.5B
$274.5M
Debt / Equity
AMPH
AMPH
FLXS
FLXS
Q3 26
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×

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
FLXS
FLXS
Operating Cash FlowLast quarter
$32.9M
$27.2M
Free Cash FlowOCF − Capex
$24.6M
FCF MarginFCF / Revenue
13.4%
Capex IntensityCapex / Revenue
4.5%
Cash ConversionOCF / Net Profit
1.35×
1.33×
TTM Free Cash FlowTrailing 4 quarters
$121.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMPH
AMPH
FLXS
FLXS
Q3 26
$27.2M
Q4 25
$32.9M
$1.0M
Q3 25
$52.6M
$4.1M
Q2 25
$35.6M
$15.6M
Q1 25
$35.1M
$12.3M
Q4 24
$29.0M
$6.7M
Q3 24
$60.0M
$2.4M
Q2 24
$69.1M
$7.5M
Free Cash Flow
AMPH
AMPH
FLXS
FLXS
Q3 26
Q4 25
$24.6M
$-735.0K
Q3 25
$47.2M
$2.8M
Q2 25
$25.0M
$15.1M
Q1 25
$24.4M
$10.9M
Q4 24
$16.6M
$5.8M
Q3 24
$46.2M
$2.0M
Q2 24
$63.1M
$7.1M
FCF Margin
AMPH
AMPH
FLXS
FLXS
Q3 26
Q4 25
13.4%
-0.6%
Q3 25
24.6%
2.5%
Q2 25
14.3%
13.1%
Q1 25
14.3%
9.6%
Q4 24
8.9%
5.3%
Q3 24
24.1%
1.9%
Q2 24
34.6%
6.4%
Capex Intensity
AMPH
AMPH
FLXS
FLXS
Q3 26
Q4 25
4.5%
1.5%
Q3 25
2.8%
1.2%
Q2 25
6.1%
0.5%
Q1 25
6.3%
1.2%
Q4 24
6.7%
0.8%
Q3 24
7.2%
0.4%
Q2 24
3.3%
0.4%
Cash Conversion
AMPH
AMPH
FLXS
FLXS
Q3 26
1.33×
Q4 25
1.35×
0.15×
Q3 25
3.03×
0.56×
Q2 25
1.15×
1.46×
Q1 25
1.39×
Q4 24
0.76×
0.74×
Q3 24
1.48×
0.58×
Q2 24
1.82×
1.53×

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%

FLXS
FLXS

Segment breakdown not available.

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