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Side-by-side financial comparison of Amarin Corp plc (AMRN) and TPG RE Finance Trust, Inc. (TRTX). Click either name above to swap in a different company.

Amarin Corp plc is the larger business by last-quarter revenue ($45.1M vs $35.0M, roughly 1.3× TPG RE Finance Trust, Inc.). TPG RE Finance Trust, Inc. runs the higher net margin — 15.6% vs -23.3%, a 38.9% gap on every dollar of revenue. On growth, Amarin Corp plc posted the faster year-over-year revenue change (7.0% vs 0.9%). Over the past eight quarters, TPG RE Finance Trust, Inc.'s revenue compounded faster (-5.1% CAGR vs -18.3%).

Amarin Corporation is an Irish-American biopharmaceutical company founded in 1993 and headquartered in Dublin, Ireland and Bridgewater, New Jersey. The company develops and markets medicines for the treatment of cardiovascular disease. It has developed the drug Vascepa (AMR-101), a prescription grade omega-3 fatty acid.

TPG RE Finance Trust, Inc. is a commercial real estate finance firm primarily operating in the United States. It originates, underwrites and manages a portfolio of senior commercial mortgage loans and other real estate-linked debt instruments, serving commercial property owners and investors across multifamily, industrial, office and retail property segments.

AMRN vs TRTX — Head-to-Head

Bigger by revenue
AMRN
AMRN
1.3× larger
AMRN
$45.1M
$35.0M
TRTX
Growing faster (revenue YoY)
AMRN
AMRN
+6.1% gap
AMRN
7.0%
0.9%
TRTX
Higher net margin
TRTX
TRTX
38.9% more per $
TRTX
15.6%
-23.3%
AMRN
Faster 2-yr revenue CAGR
TRTX
TRTX
Annualised
TRTX
-5.1%
-18.3%
AMRN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AMRN
AMRN
TRTX
TRTX
Revenue
$45.1M
$35.0M
Net Profit
$-10.5M
$4.0M
Gross Margin
Operating Margin
35.5%
11.6%
Net Margin
-23.3%
15.6%
Revenue YoY
7.0%
0.9%
Net Profit YoY
33.0%
-62.8%
EPS (diluted)
$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
AMRN
AMRN
TRTX
TRTX
Q1 26
$45.1M
Q4 25
$49.2M
$35.0M
Q3 25
$49.7M
$37.8M
Q2 25
$72.7M
$36.2M
Q1 25
$42.0M
$37.0M
Q4 24
$62.3M
$34.7M
Q3 24
$42.3M
$40.1M
Q2 24
$67.5M
$39.3M
Net Profit
AMRN
AMRN
TRTX
TRTX
Q1 26
$-10.5M
Q4 25
$-1.2M
$4.0M
Q3 25
$-7.7M
$22.0M
Q2 25
$-14.1M
$20.6M
Q1 25
$-15.7M
$13.7M
Q4 24
$-48.6M
$10.7M
Q3 24
$-25.1M
$22.2M
Q2 24
$1.5M
$24.7M
Gross Margin
AMRN
AMRN
TRTX
TRTX
Q1 26
Q4 25
47.1%
Q3 25
44.7%
Q2 25
69.2%
Q1 25
59.8%
Q4 24
-15.4%
Q3 24
38.5%
Q2 24
63.4%
Operating Margin
AMRN
AMRN
TRTX
TRTX
Q1 26
35.5%
Q4 25
-12.9%
11.6%
Q3 25
-22.4%
58.4%
Q2 25
-22.0%
57.3%
Q1 25
-39.9%
37.2%
Q4 24
-84.3%
30.3%
Q3 24
-59.5%
55.4%
Q2 24
-0.8%
63.1%
Net Margin
AMRN
AMRN
TRTX
TRTX
Q1 26
-23.3%
Q4 25
-2.5%
15.6%
Q3 25
-15.6%
58.1%
Q2 25
-19.4%
57.0%
Q1 25
-37.4%
37.0%
Q4 24
-78.0%
43.3%
Q3 24
-59.4%
55.3%
Q2 24
2.3%
62.9%
EPS (diluted)
AMRN
AMRN
TRTX
TRTX
Q1 26
Q4 25
$0.00
$0.01
Q3 25
$-0.02
$0.23
Q2 25
$-0.03
$0.21
Q1 25
$-0.04
$0.12
Q4 24
$-0.12
$0.09
Q3 24
$-0.06
$0.23
Q2 24
$0.00
$0.26

Balance Sheet & Financial Strength

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

Metric
AMRN
AMRN
TRTX
TRTX
Cash + ST InvestmentsLiquidity on hand
$307.8M
$87.6M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$1.1B
Total Assets
$645.8M
$4.4B
Debt / EquityLower = less leverage
3.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMRN
AMRN
TRTX
TRTX
Q1 26
$307.8M
Q4 25
$302.6M
$87.6M
Q3 25
$286.6M
$93.6M
Q2 25
$298.7M
$165.8M
Q1 25
$281.8M
$363.0M
Q4 24
$294.2M
$190.2M
Q3 24
$305.7M
$226.3M
Q2 24
$306.7M
$259.2M
Total Debt
AMRN
AMRN
TRTX
TRTX
Q1 26
Q4 25
$3.3B
Q3 25
$2.9B
Q2 25
$3.0B
Q1 25
$2.8B
Q4 24
$2.6B
Q3 24
$2.5B
Q2 24
$2.5B
Stockholders' Equity
AMRN
AMRN
TRTX
TRTX
Q1 26
Q4 25
$459.3M
$1.1B
Q3 25
$458.9M
$1.1B
Q2 25
$464.9M
$1.1B
Q1 25
$473.7M
$1.1B
Q4 24
$486.2M
$1.1B
Q3 24
$531.4M
$1.1B
Q2 24
$551.9M
$1.1B
Total Assets
AMRN
AMRN
TRTX
TRTX
Q1 26
$645.8M
Q4 25
$670.8M
$4.4B
Q3 25
$659.8M
$4.1B
Q2 25
$670.1M
$4.2B
Q1 25
$655.7M
$4.0B
Q4 24
$685.3M
$3.7B
Q3 24
$750.6M
$3.7B
Q2 24
$799.9M
$3.7B
Debt / Equity
AMRN
AMRN
TRTX
TRTX
Q1 26
Q4 25
3.10×
Q3 25
2.72×
Q2 25
2.78×
Q1 25
2.56×
Q4 24
2.31×
Q3 24
2.22×
Q2 24
2.25×

Cash Flow & Capital Efficiency

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

Metric
AMRN
AMRN
TRTX
TRTX
Operating Cash FlowLast quarter
$90.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
22.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMRN
AMRN
TRTX
TRTX
Q1 26
Q4 25
$15.3M
$90.4M
Q3 25
$-12.7M
$21.8M
Q2 25
$16.6M
$24.7M
Q1 25
$-12.5M
$19.1M
Q4 24
$-13.3M
$112.1M
Q3 24
$-2.4M
$23.7M
Q2 24
$-2.7M
$25.6M
Cash Conversion
AMRN
AMRN
TRTX
TRTX
Q1 26
Q4 25
22.73×
Q3 25
0.99×
Q2 25
1.20×
Q1 25
1.39×
Q4 24
10.50×
Q3 24
1.07×
Q2 24
-1.81×
1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMRN
AMRN

U.S$35.6M79%
Europe$4.9M11%
Rest-of-World (ROW)$2.8M6%
Licensing & Royalties$1.8M4%

TRTX
TRTX

Segment breakdown not available.

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