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

Amphastar Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($183.1M vs $125.2M, roughly 1.5× IMAX CORP). Amphastar Pharmaceuticals, Inc. runs the higher net margin — 13.3% vs 0.5%, a 12.8% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs -1.8%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $24.6M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 3.2%).

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.

IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.

AMPH vs IMAX — Head-to-Head

Bigger by revenue
AMPH
AMPH
1.5× larger
AMPH
$183.1M
$125.2M
IMAX
Growing faster (revenue YoY)
IMAX
IMAX
+36.9% gap
IMAX
35.1%
-1.8%
AMPH
Higher net margin
AMPH
AMPH
12.8% more per $
AMPH
13.3%
0.5%
IMAX
More free cash flow
IMAX
IMAX
$3.4M more FCF
IMAX
$28.0M
$24.6M
AMPH
Faster 2-yr revenue CAGR
IMAX
IMAX
Annualised
IMAX
25.8%
3.2%
AMPH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMPH
AMPH
IMAX
IMAX
Revenue
$183.1M
$125.2M
Net Profit
$24.4M
$637.0K
Gross Margin
46.8%
57.6%
Operating Margin
19.4%
19.3%
Net Margin
13.3%
0.5%
Revenue YoY
-1.8%
35.1%
Net Profit YoY
-35.7%
-88.0%
EPS (diluted)
$0.51
$0.02

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
IMAX
IMAX
Q4 25
$183.1M
$125.2M
Q3 25
$191.8M
$106.7M
Q2 25
$174.4M
$91.7M
Q1 25
$170.5M
$86.7M
Q4 24
$186.5M
$92.7M
Q3 24
$191.2M
$91.5M
Q2 24
$182.4M
$89.0M
Q1 24
$171.8M
$79.1M
Net Profit
AMPH
AMPH
IMAX
IMAX
Q4 25
$24.4M
$637.0K
Q3 25
$17.4M
$20.7M
Q2 25
$31.0M
$11.3M
Q1 25
$25.3M
$2.3M
Q4 24
$38.0M
$5.3M
Q3 24
$40.4M
$13.9M
Q2 24
$37.9M
$3.6M
Q1 24
$43.2M
$3.3M
Gross Margin
AMPH
AMPH
IMAX
IMAX
Q4 25
46.8%
57.6%
Q3 25
51.4%
63.1%
Q2 25
49.6%
58.5%
Q1 25
50.0%
61.4%
Q4 24
46.5%
52.2%
Q3 24
53.3%
55.8%
Q2 24
52.2%
49.4%
Q1 24
52.4%
59.3%
Operating Margin
AMPH
AMPH
IMAX
IMAX
Q4 25
19.4%
19.3%
Q3 25
13.2%
27.2%
Q2 25
24.2%
15.6%
Q1 25
21.9%
19.3%
Q4 24
24.2%
10.3%
Q3 24
29.8%
21.2%
Q2 24
30.3%
3.2%
Q1 24
27.9%
15.3%
Net Margin
AMPH
AMPH
IMAX
IMAX
Q4 25
13.3%
0.5%
Q3 25
9.0%
19.4%
Q2 25
17.8%
12.3%
Q1 25
14.8%
2.7%
Q4 24
20.4%
5.7%
Q3 24
21.1%
15.2%
Q2 24
20.8%
4.0%
Q1 24
25.1%
4.1%
EPS (diluted)
AMPH
AMPH
IMAX
IMAX
Q4 25
$0.51
$0.02
Q3 25
$0.37
$0.37
Q2 25
$0.64
$0.20
Q1 25
$0.51
$0.04
Q4 24
$0.74
$0.09
Q3 24
$0.78
$0.26
Q2 24
$0.73
$0.07
Q1 24
$0.81
$0.06

Balance Sheet & Financial Strength

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

Metric
AMPH
AMPH
IMAX
IMAX
Cash + ST InvestmentsLiquidity on hand
$282.8M
$151.2M
Total DebtLower is stronger
$608.7M
Stockholders' EquityBook value
$788.8M
$337.9M
Total Assets
$1.6B
$894.0M
Debt / EquityLower = less leverage
0.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMPH
AMPH
IMAX
IMAX
Q4 25
$282.8M
$151.2M
Q3 25
$276.2M
$143.1M
Q2 25
$231.8M
$109.3M
Q1 25
$236.9M
$97.1M
Q4 24
$221.6M
$100.6M
Q3 24
$250.5M
$104.5M
Q2 24
$217.8M
$91.6M
Q1 24
$289.6M
$81.0M
Total Debt
AMPH
AMPH
IMAX
IMAX
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
Q1 24
$594.0M
Stockholders' Equity
AMPH
AMPH
IMAX
IMAX
Q4 25
$788.8M
$337.9M
Q3 25
$776.7M
$349.5M
Q2 25
$757.5M
$320.4M
Q1 25
$751.3M
$299.5M
Q4 24
$732.3M
$299.5M
Q3 24
$727.7M
$289.4M
Q2 24
$713.3M
$267.2M
Q1 24
$672.4M
$258.8M
Total Assets
AMPH
AMPH
IMAX
IMAX
Q4 25
$1.6B
$894.0M
Q3 25
$1.7B
$889.6M
Q2 25
$1.6B
$868.6M
Q1 25
$1.6B
$848.3M
Q4 24
$1.6B
$830.4M
Q3 24
$1.5B
$847.6M
Q2 24
$1.5B
$827.4M
Q1 24
$1.6B
$824.1M
Debt / Equity
AMPH
AMPH
IMAX
IMAX
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
IMAX
IMAX
Operating Cash FlowLast quarter
$32.9M
$29.4M
Free Cash FlowOCF − Capex
$24.6M
$28.0M
FCF MarginFCF / Revenue
13.4%
22.3%
Capex IntensityCapex / Revenue
4.5%
1.1%
Cash ConversionOCF / Net Profit
1.35×
46.11×
TTM Free Cash FlowTrailing 4 quarters
$121.2M
$118.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMPH
AMPH
IMAX
IMAX
Q4 25
$32.9M
$29.4M
Q3 25
$52.6M
$67.5M
Q2 25
$35.6M
$23.2M
Q1 25
$35.1M
$7.0M
Q4 24
$29.0M
$11.5M
Q3 24
$60.0M
$35.3M
Q2 24
$69.1M
$35.0M
Q1 24
$55.3M
$-11.0M
Free Cash Flow
AMPH
AMPH
IMAX
IMAX
Q4 25
$24.6M
$28.0M
Q3 25
$47.2M
$64.8M
Q2 25
$25.0M
$20.9M
Q1 25
$24.4M
$5.3M
Q4 24
$16.6M
$6.9M
Q3 24
$46.2M
$34.2M
Q2 24
$63.1M
$33.5M
Q1 24
$46.5M
$-12.1M
FCF Margin
AMPH
AMPH
IMAX
IMAX
Q4 25
13.4%
22.3%
Q3 25
24.6%
60.7%
Q2 25
14.3%
22.8%
Q1 25
14.3%
6.1%
Q4 24
8.9%
7.4%
Q3 24
24.1%
37.3%
Q2 24
34.6%
37.6%
Q1 24
27.1%
-15.3%
Capex Intensity
AMPH
AMPH
IMAX
IMAX
Q4 25
4.5%
1.1%
Q3 25
2.8%
2.6%
Q2 25
6.1%
2.6%
Q1 25
6.3%
1.9%
Q4 24
6.7%
5.0%
Q3 24
7.2%
1.2%
Q2 24
3.3%
1.8%
Q1 24
5.1%
1.4%
Cash Conversion
AMPH
AMPH
IMAX
IMAX
Q4 25
1.35×
46.11×
Q3 25
3.03×
3.27×
Q2 25
1.15×
2.06×
Q1 25
1.39×
2.99×
Q4 24
0.76×
2.16×
Q3 24
1.48×
2.54×
Q2 24
1.82×
9.78×
Q1 24
1.28×
-3.35×

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%

IMAX
IMAX

Technology Sales$46.6M37%
Image Enhancement And Maintenance Services$38.1M30%
Joint Revenue Sharing Arrangement$20.4M16%
Maintenance$16.3M13%
Finance Income$2.8M2%
Other Content Solutions$1.6M1%

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