vs

Side-by-side financial comparison of ANI PHARMACEUTICALS INC (ANIP) and Claritev Corp (CTEV). Click either name above to swap in a different company.

ANI PHARMACEUTICALS INC is the larger business by last-quarter revenue ($247.1M vs $246.6M, roughly 1.0× Claritev Corp). ANI PHARMACEUTICALS INC runs the higher net margin — 11.1% vs -32.7%, a 43.8% gap on every dollar of revenue. On growth, ANI PHARMACEUTICALS INC posted the faster year-over-year revenue change (29.6% vs 6.2%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $29.1M). Over the past eight quarters, ANI PHARMACEUTICALS INC's revenue compounded faster (34.1% CAGR vs 2.5%).

ANI Pharmaceuticals Inc is a U.S.-based specialty pharmaceutical firm that develops, manufactures and sells generic and branded prescription drugs. Its key segments cover dermatology, oncology, CNS therapies and anti-infectives, primarily serving U.S. healthcare providers, retail pharmacies and institutional medical clients.

ANIP vs CTEV — Head-to-Head

Bigger by revenue
ANIP
ANIP
1.0× larger
ANIP
$247.1M
$246.6M
CTEV
Growing faster (revenue YoY)
ANIP
ANIP
+23.4% gap
ANIP
29.6%
6.2%
CTEV
Higher net margin
ANIP
ANIP
43.8% more per $
ANIP
11.1%
-32.7%
CTEV
More free cash flow
CTEV
CTEV
$7.3M more FCF
CTEV
$36.4M
$29.1M
ANIP
Faster 2-yr revenue CAGR
ANIP
ANIP
Annualised
ANIP
34.1%
2.5%
CTEV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ANIP
ANIP
CTEV
CTEV
Revenue
$247.1M
$246.6M
Net Profit
$27.5M
$-80.6M
Gross Margin
Operating Margin
14.1%
-3.1%
Net Margin
11.1%
-32.7%
Revenue YoY
29.6%
6.2%
Net Profit YoY
367.5%
41.6%
EPS (diluted)
$1.14
$-4.88

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
ANIP
ANIP
CTEV
CTEV
Q4 25
$247.1M
$246.6M
Q3 25
$227.8M
$246.0M
Q2 25
$211.4M
$241.6M
Q1 25
$197.1M
$231.3M
Q4 24
$190.6M
$232.1M
Q3 24
$148.3M
$230.5M
Q2 24
$138.0M
$233.5M
Q1 24
$137.4M
$234.5M
Net Profit
ANIP
ANIP
CTEV
CTEV
Q4 25
$27.5M
$-80.6M
Q3 25
$26.6M
$-69.8M
Q2 25
$8.5M
$-62.6M
Q1 25
$15.7M
$-71.3M
Q4 24
$-10.3M
$-138.0M
Q3 24
$-24.2M
$-391.4M
Q2 24
$-2.3M
$-576.7M
Q1 24
$18.2M
$-539.7M
Operating Margin
ANIP
ANIP
CTEV
CTEV
Q4 25
14.1%
-3.1%
Q3 25
15.9%
4.1%
Q2 25
6.6%
6.9%
Q1 25
13.3%
4.2%
Q4 24
-2.3%
-17.8%
Q3 24
-13.8%
-146.7%
Q2 24
3.7%
-224.4%
Q1 24
14.8%
-207.4%
Net Margin
ANIP
ANIP
CTEV
CTEV
Q4 25
11.1%
-32.7%
Q3 25
11.7%
-28.4%
Q2 25
4.0%
-25.9%
Q1 25
8.0%
-30.8%
Q4 24
-5.4%
-59.4%
Q3 24
-16.3%
-169.8%
Q2 24
-1.7%
-247.0%
Q1 24
13.2%
-230.1%
EPS (diluted)
ANIP
ANIP
CTEV
CTEV
Q4 25
$1.14
$-4.88
Q3 25
$1.13
$-4.23
Q2 25
$0.36
$-3.81
Q1 25
$0.69
$-4.38
Q4 24
$-0.45
$-8.49
Q3 24
$-1.27
$-24.25
Q2 24
$-0.14
$-35.78
Q1 24
$0.82
$-33.40

Balance Sheet & Financial Strength

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

Metric
ANIP
ANIP
CTEV
CTEV
Cash + ST InvestmentsLiquidity on hand
$285.6M
$16.8M
Total DebtLower is stronger
$4.6B
Stockholders' EquityBook value
$540.7M
$-173.9M
Total Assets
$1.4B
$4.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANIP
ANIP
CTEV
CTEV
Q4 25
$285.6M
$16.8M
Q3 25
$262.6M
$39.2M
Q2 25
$217.8M
$56.4M
Q1 25
$149.8M
$23.1M
Q4 24
$144.9M
$16.8M
Q3 24
$145.0M
$86.6M
Q2 24
$240.1M
$48.8M
Q1 24
$228.6M
$58.7M
Total Debt
ANIP
ANIP
CTEV
CTEV
Q4 25
$4.6B
Q3 25
$4.5B
Q2 25
$4.5B
Q1 25
$4.5B
Q4 24
$4.5B
Q3 24
$4.5B
Q2 24
$4.5B
Q1 24
$4.5B
Stockholders' Equity
ANIP
ANIP
CTEV
CTEV
Q4 25
$540.7M
$-173.9M
Q3 25
$505.8M
$-101.8M
Q2 25
$436.8M
$-39.9M
Q1 25
$418.6M
$14.8M
Q4 24
$403.7M
$84.0M
Q3 24
$405.9M
$207.6M
Q2 24
$455.8M
$603.4M
Q1 24
$452.0M
$1.2B
Total Assets
ANIP
ANIP
CTEV
CTEV
Q4 25
$1.4B
$4.9B
Q3 25
$1.4B
$5.0B
Q2 25
$1.3B
$5.1B
Q1 25
$1.3B
$5.1B
Q4 24
$1.3B
$5.2B
Q3 24
$1.3B
$5.3B
Q2 24
$920.8M
$5.7B
Q1 24
$914.5M
$6.4B
Debt / Equity
ANIP
ANIP
CTEV
CTEV
Q4 25
Q3 25
Q2 25
Q1 25
304.87×
Q4 24
53.67×
Q3 24
21.73×
Q2 24
7.48×
Q1 24
3.85×

Cash Flow & Capital Efficiency

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

Metric
ANIP
ANIP
CTEV
CTEV
Operating Cash FlowLast quarter
$30.4M
$66.3M
Free Cash FlowOCF − Capex
$29.1M
$36.4M
FCF MarginFCF / Revenue
11.8%
14.8%
Capex IntensityCapex / Revenue
0.5%
12.1%
Cash ConversionOCF / Net Profit
1.10×
TTM Free Cash FlowTrailing 4 quarters
$171.4M
$-12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANIP
ANIP
CTEV
CTEV
Q4 25
$30.4M
$66.3M
Q3 25
$44.1M
$19.9M
Q2 25
$75.8M
$61.2M
Q1 25
$35.0M
$-30.1M
Q4 24
$15.9M
$-33.4M
Q3 24
$12.5M
$72.8M
Q2 24
$17.4M
$18.5M
Q1 24
$18.3M
$49.7M
Free Cash Flow
ANIP
ANIP
CTEV
CTEV
Q4 25
$29.1M
$36.4M
Q3 25
$38.0M
$-16.3M
Q2 25
$71.8M
$36.6M
Q1 25
$32.5M
$-68.9M
Q4 24
$13.5M
$-63.8M
Q3 24
$7.7M
$41.1M
Q2 24
$13.0M
$-7.0M
Q1 24
$13.7M
$19.2M
FCF Margin
ANIP
ANIP
CTEV
CTEV
Q4 25
11.8%
14.8%
Q3 25
16.7%
-6.6%
Q2 25
34.0%
15.2%
Q1 25
16.5%
-29.8%
Q4 24
7.1%
-27.5%
Q3 24
5.2%
17.8%
Q2 24
9.4%
-3.0%
Q1 24
10.0%
8.2%
Capex Intensity
ANIP
ANIP
CTEV
CTEV
Q4 25
0.5%
12.1%
Q3 25
2.7%
14.7%
Q2 25
1.9%
10.2%
Q1 25
1.3%
16.8%
Q4 24
1.3%
13.1%
Q3 24
3.2%
13.8%
Q2 24
3.2%
10.9%
Q1 24
3.3%
13.0%
Cash Conversion
ANIP
ANIP
CTEV
CTEV
Q4 25
1.10×
Q3 25
1.66×
Q2 25
8.87×
Q1 25
2.23×
Q4 24
Q3 24
Q2 24
Q1 24
1.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ANIP
ANIP

Sales Of Cortrophin Gel$111.4M45%
Sales Of Generic Pharmaceutical Products$100.8M41%
Sales Of ILUVIEN And YUTIQ$19.8M8%
Sales Of Established Brands$12.3M5%
Unapproved Products$6.5M3%
Sales Of Royalties And Other Pharmaceutical Services$2.7M1%

CTEV
CTEV

Segment breakdown not available.

Related Comparisons