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Side-by-side financial comparison of ANI PHARMACEUTICALS INC (ANIP) and Figma, Inc. (FIG). Click either name above to swap in a different company.

Figma, Inc. is the larger business by last-quarter revenue ($274.2M vs $247.1M, roughly 1.1× ANI PHARMACEUTICALS INC). ANI PHARMACEUTICALS INC runs the higher net margin — 11.1% vs -400.1%, a 411.2% gap on every dollar of revenue. On growth, Figma, Inc. posted the faster year-over-year revenue change (38.0% vs 29.6%). Figma, Inc. produced more free cash flow last quarter ($49.5M vs $29.1M).

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.

Figma is a collaborative web application for interface design, with additional offline features enabled by desktop applications for macOS and Windows. The feature set of Figma focuses on user interface and user experience design, with an emphasis on real-time collaboration, utilizing a variety of vector graphics editor and prototyping tools. The Figma mobile app for Android and iOS allows viewing and interacting with Figma prototypes in real-time on mobile and tablet devices.

ANIP vs FIG — Head-to-Head

Bigger by revenue
FIG
FIG
1.1× larger
FIG
$274.2M
$247.1M
ANIP
Growing faster (revenue YoY)
FIG
FIG
+8.4% gap
FIG
38.0%
29.6%
ANIP
Higher net margin
ANIP
ANIP
411.2% more per $
ANIP
11.1%
-400.1%
FIG
More free cash flow
FIG
FIG
$20.3M more FCF
FIG
$49.5M
$29.1M
ANIP

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ANIP
ANIP
FIG
FIG
Revenue
$247.1M
$274.2M
Net Profit
$27.5M
$-1.1B
Gross Margin
69.4%
Operating Margin
14.1%
-414.6%
Net Margin
11.1%
-400.1%
Revenue YoY
29.6%
38.0%
Net Profit YoY
367.5%
-6933.0%
EPS (diluted)
$1.14
$-2.72

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
FIG
FIG
Q4 25
$247.1M
Q3 25
$227.8M
$274.2M
Q2 25
$211.4M
$249.6M
Q1 25
$197.1M
Q4 24
$190.6M
Q3 24
$148.3M
$198.6M
Q2 24
$138.0M
$177.2M
Q1 24
$137.4M
Net Profit
ANIP
ANIP
FIG
FIG
Q4 25
$27.5M
Q3 25
$26.6M
$-1.1B
Q2 25
$8.5M
$28.2M
Q1 25
$15.7M
Q4 24
$-10.3M
Q3 24
$-24.2M
$-15.6M
Q2 24
$-2.3M
$-827.9M
Q1 24
$18.2M
Gross Margin
ANIP
ANIP
FIG
FIG
Q4 25
Q3 25
69.4%
Q2 25
88.8%
Q1 25
Q4 24
Q3 24
90.6%
Q2 24
77.7%
Q1 24
Operating Margin
ANIP
ANIP
FIG
FIG
Q4 25
14.1%
Q3 25
15.9%
-414.6%
Q2 25
6.6%
0.8%
Q1 25
13.3%
Q4 24
-2.3%
Q3 24
-13.8%
-23.8%
Q2 24
3.7%
-504.7%
Q1 24
14.8%
Net Margin
ANIP
ANIP
FIG
FIG
Q4 25
11.1%
Q3 25
11.7%
-400.1%
Q2 25
4.0%
11.3%
Q1 25
8.0%
Q4 24
-5.4%
Q3 24
-16.3%
-7.9%
Q2 24
-1.7%
-467.2%
Q1 24
13.2%
EPS (diluted)
ANIP
ANIP
FIG
FIG
Q4 25
$1.14
Q3 25
$1.13
$-2.72
Q2 25
$0.36
$0.00
Q1 25
$0.69
Q4 24
$-0.45
Q3 24
$-1.27
$-0.07
Q2 24
$-0.14
$-4.39
Q1 24
$0.82

Balance Sheet & Financial Strength

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

Metric
ANIP
ANIP
FIG
FIG
Cash + ST InvestmentsLiquidity on hand
$285.6M
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$540.7M
$1.4B
Total Assets
$1.4B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANIP
ANIP
FIG
FIG
Q4 25
$285.6M
Q3 25
$262.6M
$1.6B
Q2 25
$217.8M
$1.6B
Q1 25
$149.8M
Q4 24
$144.9M
Q3 24
$145.0M
$416.1M
Q2 24
$240.1M
$586.1M
Q1 24
$228.6M
Stockholders' Equity
ANIP
ANIP
FIG
FIG
Q4 25
$540.7M
Q3 25
$505.8M
$1.4B
Q2 25
$436.8M
$1.4B
Q1 25
$418.6M
Q4 24
$403.7M
Q3 24
$405.9M
$1.2B
Q2 24
$455.8M
$862.4M
Q1 24
$452.0M
Total Assets
ANIP
ANIP
FIG
FIG
Q4 25
$1.4B
Q3 25
$1.4B
$2.1B
Q2 25
$1.3B
$2.0B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$920.8M
Q1 24
$914.5M

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
FIG
FIG
Operating Cash FlowLast quarter
$30.4M
$51.2M
Free Cash FlowOCF − Capex
$29.1M
$49.5M
FCF MarginFCF / Revenue
11.8%
18.0%
Capex IntensityCapex / Revenue
0.5%
0.6%
Cash ConversionOCF / Net Profit
1.10×
TTM Free Cash FlowTrailing 4 quarters
$171.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANIP
ANIP
FIG
FIG
Q4 25
$30.4M
Q3 25
$44.1M
$51.2M
Q2 25
$75.8M
Q1 25
$35.0M
Q4 24
$15.9M
Q3 24
$12.5M
Q2 24
$17.4M
Q1 24
$18.3M
Free Cash Flow
ANIP
ANIP
FIG
FIG
Q4 25
$29.1M
Q3 25
$38.0M
$49.5M
Q2 25
$71.8M
Q1 25
$32.5M
Q4 24
$13.5M
Q3 24
$7.7M
Q2 24
$13.0M
Q1 24
$13.7M
FCF Margin
ANIP
ANIP
FIG
FIG
Q4 25
11.8%
Q3 25
16.7%
18.0%
Q2 25
34.0%
Q1 25
16.5%
Q4 24
7.1%
Q3 24
5.2%
Q2 24
9.4%
Q1 24
10.0%
Capex Intensity
ANIP
ANIP
FIG
FIG
Q4 25
0.5%
Q3 25
2.7%
0.6%
Q2 25
1.9%
Q1 25
1.3%
Q4 24
1.3%
Q3 24
3.2%
Q2 24
3.2%
Q1 24
3.3%
Cash Conversion
ANIP
ANIP
FIG
FIG
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%

FIG
FIG

Non Us$147.4M54%
US$126.8M46%

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