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Side-by-side financial comparison of ANAPTYSBIO, INC (ANAB) and Prairie Operating Co. (PROP). Click either name above to swap in a different company.

ANAPTYSBIO, INC is the larger business by last-quarter revenue ($108.2M vs $77.7M, roughly 1.4× Prairie Operating Co.). ANAPTYSBIO, INC runs the higher net margin — 45.8% vs 1.7%, a 44.2% gap on every dollar of revenue. Over the past eight quarters, Prairie Operating Co.'s revenue compounded faster (9784.4% CAGR vs 288.3%).

AnaptysBio, Inc. is a clinical-stage biotechnology company focused on developing antibody-based immunotherapies for inflammatory diseases, immuno-oncology indications, and rare disease conditions. It primarily serves the U.S. market, advancing its innovative product candidate pipeline to address unmet medical needs via rigorous research and clinical development.

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

ANAB vs PROP — Head-to-Head

Bigger by revenue
ANAB
ANAB
1.4× larger
ANAB
$108.2M
$77.7M
PROP
Higher net margin
ANAB
ANAB
44.2% more per $
ANAB
45.8%
1.7%
PROP
Faster 2-yr revenue CAGR
PROP
PROP
Annualised
PROP
9784.4%
288.3%
ANAB

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ANAB
ANAB
PROP
PROP
Revenue
$108.2M
$77.7M
Net Profit
$49.6M
$1.3M
Gross Margin
Operating Margin
61.8%
34.8%
Net Margin
45.8%
1.7%
Revenue YoY
151.1%
Net Profit YoY
327.8%
111.3%
EPS (diluted)
$1.64
$-0.44

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
ANAB
ANAB
PROP
PROP
Q4 25
$108.2M
Q3 25
$76.3M
$77.7M
Q2 25
$22.3M
$68.1M
Q1 25
$27.8M
$13.6M
Q4 24
$43.1M
Q3 24
$30.0M
$0
Q2 24
$11.0M
Q1 24
$7.2M
Net Profit
ANAB
ANAB
PROP
PROP
Q4 25
$49.6M
Q3 25
$15.1M
$1.3M
Q2 25
$-38.6M
$35.7M
Q1 25
$-39.3M
$-2.6M
Q4 24
$-21.8M
Q3 24
$-32.9M
$-11.4M
Q2 24
$-46.7M
Q1 24
$-43.9M
Operating Margin
ANAB
ANAB
PROP
PROP
Q4 25
61.8%
Q3 25
45.5%
34.8%
Q2 25
-117.5%
27.8%
Q1 25
-99.2%
12.9%
Q4 24
-22.4%
Q3 24
-75.8%
Q2 24
-367.5%
Q1 24
-587.8%
Net Margin
ANAB
ANAB
PROP
PROP
Q4 25
45.8%
Q3 25
19.8%
1.7%
Q2 25
-173.5%
52.4%
Q1 25
-141.6%
-19.3%
Q4 24
-50.5%
Q3 24
-109.4%
Q2 24
-425.3%
Q1 24
-612.0%
EPS (diluted)
ANAB
ANAB
PROP
PROP
Q4 25
$1.64
Q3 25
$0.52
$-0.44
Q2 25
$-1.34
$0.18
Q1 25
$-1.28
$-3.49
Q4 24
$-0.63
Q3 24
$-1.14
$-0.68
Q2 24
$-1.71
Q1 24
$-1.64

Balance Sheet & Financial Strength

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

Metric
ANAB
ANAB
PROP
PROP
Cash + ST InvestmentsLiquidity on hand
$238.2M
$10.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$37.2M
$101.8M
Total Assets
$364.4M
$939.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANAB
ANAB
PROP
PROP
Q4 25
$238.2M
Q3 25
$109.8M
$10.6M
Q2 25
$44.3M
$10.7M
Q1 25
$98.6M
$15.0M
Q4 24
$123.1M
Q3 24
$191.6M
$40.1M
Q2 24
$71.8M
Q1 24
$53.7M
Total Debt
ANAB
ANAB
PROP
PROP
Q4 25
Q3 25
Q2 25
$387.0M
Q1 25
$377.0M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ANAB
ANAB
PROP
PROP
Q4 25
$37.2M
Q3 25
$-29.4M
$101.8M
Q2 25
$-44.7M
$94.2M
Q1 25
$34.0M
$34.0M
Q4 24
$70.9M
Q3 24
$84.4M
$61.3M
Q2 24
$9.9M
Q1 24
$47.8M
Total Assets
ANAB
ANAB
PROP
PROP
Q4 25
$364.4M
Q3 25
$353.1M
$939.8M
Q2 25
$335.3M
$858.5M
Q1 25
$422.1M
$775.4M
Q4 24
$483.8M
Q3 24
$493.4M
$107.2M
Q2 24
$427.4M
Q1 24
$405.8M
Debt / Equity
ANAB
ANAB
PROP
PROP
Q4 25
Q3 25
Q2 25
4.11×
Q1 25
11.07×
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
ANAB
ANAB
PROP
PROP
Operating Cash FlowLast quarter
$98.0M
$57.7M
Free Cash FlowOCF − Capex
$98.0M
FCF MarginFCF / Revenue
90.5%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.98×
44.80×
TTM Free Cash FlowTrailing 4 quarters
$19.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANAB
ANAB
PROP
PROP
Q4 25
$98.0M
Q3 25
$-27.4M
$57.7M
Q2 25
$-40.2M
$-7.2M
Q1 25
$-10.7M
$16.9M
Q4 24
$-66.7M
Q3 24
$-10.1M
$2.8M
Q2 24
$-21.3M
Q1 24
$-37.3M
Free Cash Flow
ANAB
ANAB
PROP
PROP
Q4 25
$98.0M
Q3 25
$-27.4M
Q2 25
$-40.3M
Q1 25
$-10.7M
Q4 24
$-66.9M
Q3 24
$-10.1M
Q2 24
$-21.4M
Q1 24
$-37.3M
FCF Margin
ANAB
ANAB
PROP
PROP
Q4 25
90.5%
Q3 25
-35.9%
Q2 25
-180.9%
Q1 25
-38.7%
Q4 24
-155.3%
Q3 24
-33.7%
Q2 24
-194.6%
Q1 24
-519.3%
Capex Intensity
ANAB
ANAB
PROP
PROP
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.2%
Q1 25
0.1%
Q4 24
0.6%
Q3 24
0.1%
Q2 24
0.3%
Q1 24
0.4%
Cash Conversion
ANAB
ANAB
PROP
PROP
Q4 25
1.98×
Q3 25
-1.81×
44.80×
Q2 25
-0.20×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ANAB
ANAB

Segment breakdown not available.

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

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