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

OPPENHEIMER HOLDINGS INC is the larger business by last-quarter revenue ($472.6M vs $247.1M, roughly 1.9× ANI PHARMACEUTICALS INC). OPPENHEIMER HOLDINGS INC runs the higher net margin — 15.7% vs 11.1%, a 4.6% gap on every dollar of revenue. On growth, ANI PHARMACEUTICALS INC posted the faster year-over-year revenue change (29.6% vs 25.9%). OPPENHEIMER HOLDINGS INC produced more free cash flow last quarter ($183.6M vs $29.1M). Over the past eight quarters, ANI PHARMACEUTICALS INC's revenue compounded faster (34.1% CAGR vs 15.7%).

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.

Oppenheimer Holdings Inc. is an American multinational independent investment bank and financial services company offering investment banking, financial advisory services, capital markets services, asset management, wealth management, and related products and services worldwide. The company, which once occupied the One World Financial Center building in Manhattan, now bases its operations at 85 Broad Street in New York City.

ANIP vs OPY — Head-to-Head

Bigger by revenue
OPY
OPY
1.9× larger
OPY
$472.6M
$247.1M
ANIP
Growing faster (revenue YoY)
ANIP
ANIP
+3.7% gap
ANIP
29.6%
25.9%
OPY
Higher net margin
OPY
OPY
4.6% more per $
OPY
15.7%
11.1%
ANIP
More free cash flow
OPY
OPY
$154.4M more FCF
OPY
$183.6M
$29.1M
ANIP
Faster 2-yr revenue CAGR
ANIP
ANIP
Annualised
ANIP
34.1%
15.7%
OPY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ANIP
ANIP
OPY
OPY
Revenue
$247.1M
$472.6M
Net Profit
$27.5M
$74.4M
Gross Margin
Operating Margin
14.1%
22.4%
Net Margin
11.1%
15.7%
Revenue YoY
29.6%
25.9%
Net Profit YoY
367.5%
593.1%
EPS (diluted)
$1.14
$6.51

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
OPY
OPY
Q4 25
$247.1M
$472.6M
Q3 25
$227.8M
$424.4M
Q2 25
$211.4M
$373.2M
Q1 25
$197.1M
$367.8M
Q4 24
$190.6M
$375.4M
Q3 24
$148.3M
$373.4M
Q2 24
$138.0M
$330.6M
Q1 24
$137.4M
$353.1M
Net Profit
ANIP
ANIP
OPY
OPY
Q4 25
$27.5M
$74.4M
Q3 25
$26.6M
$21.7M
Q2 25
$8.5M
$21.7M
Q1 25
$15.7M
$30.7M
Q4 24
$-10.3M
$10.7M
Q3 24
$-24.2M
$24.5M
Q2 24
$-2.3M
$10.3M
Q1 24
$18.2M
$26.1M
Operating Margin
ANIP
ANIP
OPY
OPY
Q4 25
14.1%
22.4%
Q3 25
15.9%
7.5%
Q2 25
6.6%
8.6%
Q1 25
13.3%
11.2%
Q4 24
-2.3%
4.5%
Q3 24
-13.8%
9.5%
Q2 24
3.7%
4.8%
Q1 24
14.8%
10.6%
Net Margin
ANIP
ANIP
OPY
OPY
Q4 25
11.1%
15.7%
Q3 25
11.7%
5.1%
Q2 25
4.0%
5.8%
Q1 25
8.0%
8.3%
Q4 24
-5.4%
2.9%
Q3 24
-16.3%
6.6%
Q2 24
-1.7%
3.1%
Q1 24
13.2%
7.4%
EPS (diluted)
ANIP
ANIP
OPY
OPY
Q4 25
$1.14
$6.51
Q3 25
$1.13
$1.90
Q2 25
$0.36
$1.91
Q1 25
$0.69
$2.72
Q4 24
$-0.45
$0.92
Q3 24
$-1.27
$2.16
Q2 24
$-0.14
$0.92
Q1 24
$0.82
$2.37

Balance Sheet & Financial Strength

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

Metric
ANIP
ANIP
OPY
OPY
Cash + ST InvestmentsLiquidity on hand
$285.6M
$38.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$540.7M
$983.8M
Total Assets
$1.4B
$3.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANIP
ANIP
OPY
OPY
Q4 25
$285.6M
$38.4M
Q3 25
$262.6M
$38.3M
Q2 25
$217.8M
$37.6M
Q1 25
$149.8M
$36.7M
Q4 24
$144.9M
$33.1M
Q3 24
$145.0M
$32.2M
Q2 24
$240.1M
$33.2M
Q1 24
$228.6M
$27.7M
Total Debt
ANIP
ANIP
OPY
OPY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
$112.8M
Q2 24
$112.8M
Q1 24
$112.7M
Stockholders' Equity
ANIP
ANIP
OPY
OPY
Q4 25
$540.7M
$983.8M
Q3 25
$505.8M
$920.3M
Q2 25
$436.8M
$896.9M
Q1 25
$418.6M
$872.3M
Q4 24
$403.7M
$850.4M
Q3 24
$405.9M
$837.8M
Q2 24
$455.8M
$812.1M
Q1 24
$452.0M
$801.5M
Total Assets
ANIP
ANIP
OPY
OPY
Q4 25
$1.4B
$3.7B
Q3 25
$1.4B
$3.8B
Q2 25
$1.3B
$3.7B
Q1 25
$1.3B
$3.6B
Q4 24
$1.3B
$3.4B
Q3 24
$1.3B
$3.4B
Q2 24
$920.8M
$3.3B
Q1 24
$914.5M
$3.3B
Debt / Equity
ANIP
ANIP
OPY
OPY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.13×
Q2 24
0.14×
Q1 24
0.14×

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
OPY
OPY
Operating Cash FlowLast quarter
$30.4M
$188.8M
Free Cash FlowOCF − Capex
$29.1M
$183.6M
FCF MarginFCF / Revenue
11.8%
38.8%
Capex IntensityCapex / Revenue
0.5%
1.1%
Cash ConversionOCF / Net Profit
1.10×
2.54×
TTM Free Cash FlowTrailing 4 quarters
$171.4M
$191.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANIP
ANIP
OPY
OPY
Q4 25
$30.4M
$188.8M
Q3 25
$44.1M
$63.4M
Q2 25
$75.8M
$40.1M
Q1 25
$35.0M
$-91.7M
Q4 24
$15.9M
$-108.2M
Q3 24
$12.5M
$11.4M
Q2 24
$17.4M
$-115.3M
Q1 24
$18.3M
$-79.0M
Free Cash Flow
ANIP
ANIP
OPY
OPY
Q4 25
$29.1M
$183.6M
Q3 25
$38.0M
$62.2M
Q2 25
$71.8M
$38.9M
Q1 25
$32.5M
$-93.4M
Q4 24
$13.5M
$-113.3M
Q3 24
$7.7M
$11.2M
Q2 24
$13.0M
$-116.7M
Q1 24
$13.7M
$-79.3M
FCF Margin
ANIP
ANIP
OPY
OPY
Q4 25
11.8%
38.8%
Q3 25
16.7%
14.7%
Q2 25
34.0%
10.4%
Q1 25
16.5%
-25.4%
Q4 24
7.1%
-30.2%
Q3 24
5.2%
3.0%
Q2 24
9.4%
-35.3%
Q1 24
10.0%
-22.5%
Capex Intensity
ANIP
ANIP
OPY
OPY
Q4 25
0.5%
1.1%
Q3 25
2.7%
0.3%
Q2 25
1.9%
0.3%
Q1 25
1.3%
0.5%
Q4 24
1.3%
1.4%
Q3 24
3.2%
0.1%
Q2 24
3.2%
0.4%
Q1 24
3.3%
0.1%
Cash Conversion
ANIP
ANIP
OPY
OPY
Q4 25
1.10×
2.54×
Q3 25
1.66×
2.92×
Q2 25
8.87×
1.85×
Q1 25
2.23×
-2.99×
Q4 24
-10.08×
Q3 24
0.47×
Q2 24
-11.23×
Q1 24
1.00×
-3.03×

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%

OPY
OPY

Advisory Fees$166.6M35%
Capital Markets Segment$155.5M33%
Other$57.2M12%
Commissions From Sales And Trading$52.9M11%
Bank Deposit Sweep Income$27.7M6%
Mutual Fund Income$8.9M2%
Investment Banking Capital Markets$3.3M1%

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