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Side-by-side financial comparison of ANI PHARMACEUTICALS INC (ANIP) and T1 Energy Inc. (TE). Click either name above to swap in a different company.
ANI PHARMACEUTICALS INC is the larger business by last-quarter revenue ($247.1M vs $210.5M, roughly 1.2× T1 Energy Inc.). ANI PHARMACEUTICALS INC runs the higher net margin — 11.1% vs -62.0%, a 73.1% gap on every dollar of revenue. T1 Energy Inc. produced more free cash flow last quarter ($55.0M 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.
Sony Energy Devices Corporation , is a Japanese multinational company specializing in a variety of areas in the energy industry, and is a wholly owned subsidiary and part of the Devices Group of Sony. The company was established in February 1975 in Fukushima, Japan.
ANIP vs TE — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $247.1M | $210.5M |
| Net Profit | $27.5M | $-130.6M |
| Gross Margin | — | 10.0% |
| Operating Margin | 14.1% | -45.0% |
| Net Margin | 11.1% | -62.0% |
| Revenue YoY | 29.6% | — |
| Net Profit YoY | 367.5% | -375.2% |
| EPS (diluted) | $1.14 | $-0.87 |
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.
| Q4 25 | $247.1M | — | ||
| Q3 25 | $227.8M | $210.5M | ||
| Q2 25 | $211.4M | $132.8M | ||
| Q1 25 | $197.1M | $53.5M | ||
| Q4 24 | $190.6M | — | ||
| Q3 24 | $148.3M | $0 | ||
| Q2 24 | $138.0M | $0 | ||
| Q1 24 | $137.4M | $0 |
| Q4 25 | $27.5M | — | ||
| Q3 25 | $26.6M | $-130.6M | ||
| Q2 25 | $8.5M | $-31.9M | ||
| Q1 25 | $15.7M | $-16.2M | ||
| Q4 24 | $-10.3M | — | ||
| Q3 24 | $-24.2M | $-27.5M | ||
| Q2 24 | $-2.3M | $-27.0M | ||
| Q1 24 | $18.2M | $-28.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | 10.0% | ||
| Q2 25 | — | 24.7% | ||
| Q1 25 | — | 33.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 14.1% | — | ||
| Q3 25 | 15.9% | -45.0% | ||
| Q2 25 | 6.6% | -22.0% | ||
| Q1 25 | 13.3% | -44.2% | ||
| Q4 24 | -2.3% | — | ||
| Q3 24 | -13.8% | — | ||
| Q2 24 | 3.7% | — | ||
| Q1 24 | 14.8% | — |
| Q4 25 | 11.1% | — | ||
| Q3 25 | 11.7% | -62.0% | ||
| Q2 25 | 4.0% | -24.0% | ||
| Q1 25 | 8.0% | -30.4% | ||
| Q4 24 | -5.4% | — | ||
| Q3 24 | -16.3% | — | ||
| Q2 24 | -1.7% | — | ||
| Q1 24 | 13.2% | — |
| Q4 25 | $1.14 | — | ||
| Q3 25 | $1.13 | $-0.87 | ||
| Q2 25 | $0.36 | $-0.21 | ||
| Q1 25 | $0.69 | $-0.11 | ||
| Q4 24 | $-0.45 | — | ||
| Q3 24 | $-1.27 | $-0.20 | ||
| Q2 24 | $-0.14 | $-0.19 | ||
| Q1 24 | $0.82 | $-0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $285.6M | $34.1M |
| Total DebtLower is stronger | — | $547.3M |
| Stockholders' EquityBook value | $540.7M | $96.9M |
| Total Assets | $1.4B | $1.4B |
| Debt / EquityLower = less leverage | — | 5.65× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $285.6M | — | ||
| Q3 25 | $262.6M | $34.1M | ||
| Q2 25 | $217.8M | $8.5M | ||
| Q1 25 | $149.8M | $48.9M | ||
| Q4 24 | $144.9M | — | ||
| Q3 24 | $145.0M | $181.9M | ||
| Q2 24 | $240.1M | $219.6M | ||
| Q1 24 | $228.6M | $249.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | $547.3M | ||
| Q2 25 | — | $591.2M | ||
| Q1 25 | — | $603.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $602.3M |
| Q4 25 | $540.7M | — | ||
| Q3 25 | $505.8M | $96.9M | ||
| Q2 25 | $436.8M | $183.9M | ||
| Q1 25 | $418.6M | $201.9M | ||
| Q4 24 | $403.7M | — | ||
| Q3 24 | $405.9M | $538.7M | ||
| Q2 24 | $455.8M | $561.6M | ||
| Q1 24 | $452.0M | $582.3M |
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | $615.0M | ||
| Q2 24 | $920.8M | $644.4M | ||
| Q1 24 | $914.5M | $670.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | 5.65× | ||
| Q2 25 | — | 3.21× | ||
| Q1 25 | — | 2.99× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.03× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $30.4M | $63.9M |
| Free Cash FlowOCF − Capex | $29.1M | $55.0M |
| FCF MarginFCF / Revenue | 11.8% | 26.1% |
| Capex IntensityCapex / Revenue | 0.5% | 4.2% |
| Cash ConversionOCF / Net Profit | 1.10× | — |
| TTM Free Cash FlowTrailing 4 quarters | $171.4M | $-42.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $30.4M | — | ||
| Q3 25 | $44.1M | $63.9M | ||
| Q2 25 | $75.8M | $33.4M | ||
| Q1 25 | $35.0M | $-44.8M | ||
| Q4 24 | $15.9M | — | ||
| Q3 24 | $12.5M | $-28.4M | ||
| Q2 24 | $17.4M | $-28.0M | ||
| Q1 24 | $18.3M | $-16.2M |
| Q4 25 | $29.1M | — | ||
| Q3 25 | $38.0M | $55.0M | ||
| Q2 25 | $71.8M | $10.6M | ||
| Q1 25 | $32.5M | $-74.0M | ||
| Q4 24 | $13.5M | — | ||
| Q3 24 | $7.7M | $-34.0M | ||
| Q2 24 | $13.0M | $-35.6M | ||
| Q1 24 | $13.7M | $-37.7M |
| Q4 25 | 11.8% | — | ||
| Q3 25 | 16.7% | 26.1% | ||
| Q2 25 | 34.0% | 8.0% | ||
| Q1 25 | 16.5% | -138.4% | ||
| Q4 24 | 7.1% | — | ||
| Q3 24 | 5.2% | — | ||
| Q2 24 | 9.4% | — | ||
| Q1 24 | 10.0% | — |
| Q4 25 | 0.5% | — | ||
| Q3 25 | 2.7% | 4.2% | ||
| Q2 25 | 1.9% | 17.2% | ||
| Q1 25 | 1.3% | 54.5% | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 3.2% | — | ||
| Q1 24 | 3.3% | — |
| 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
| Sales Of Cortrophin Gel | $111.4M | 45% |
| Sales Of Generic Pharmaceutical Products | $100.8M | 41% |
| Sales Of ILUVIEN And YUTIQ | $19.8M | 8% |
| Sales Of Established Brands | $12.3M | 5% |
| Unapproved Products | $6.5M | 3% |
| Sales Of Royalties And Other Pharmaceutical Services | $2.7M | 1% |
TE
| Related Party | $120.1M | 57% |
| Nonrelated Party | $90.4M | 43% |
