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

Utz Brands, Inc. is the larger business by last-quarter revenue ($341.0M vs $247.1M, roughly 1.4× ANI PHARMACEUTICALS INC). ANI PHARMACEUTICALS INC runs the higher net margin — 11.1% vs 0.7%, a 10.5% gap on every dollar of revenue. On growth, ANI PHARMACEUTICALS INC posted the faster year-over-year revenue change (29.6% vs -3.1%). ANI PHARMACEUTICALS INC produced more free cash flow last quarter ($29.1M vs $16.5M). Over the past eight quarters, ANI PHARMACEUTICALS INC's revenue compounded faster (34.1% CAGR vs -1.5%).

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.

Utz Brands, Inc., more commonly known as Utz, is an American snack food company based in Hanover, Pennsylvania. The company produces a variety of potato chips, pretzels, and other snacks, with most products sold under their family of brands. Utz is also a snack supplier to warehouse clubs and merchandisers.

ANIP vs UTZ — Head-to-Head

Bigger by revenue
UTZ
UTZ
1.4× larger
UTZ
$341.0M
$247.1M
ANIP
Growing faster (revenue YoY)
ANIP
ANIP
+32.8% gap
ANIP
29.6%
-3.1%
UTZ
Higher net margin
ANIP
ANIP
10.5% more per $
ANIP
11.1%
0.7%
UTZ
More free cash flow
ANIP
ANIP
$12.6M more FCF
ANIP
$29.1M
$16.5M
UTZ
Faster 2-yr revenue CAGR
ANIP
ANIP
Annualised
ANIP
34.1%
-1.5%
UTZ

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
ANIP
ANIP
UTZ
UTZ
Revenue
$247.1M
$341.0M
Net Profit
$27.5M
$2.3M
Gross Margin
25.5%
Operating Margin
14.1%
2.1%
Net Margin
11.1%
0.7%
Revenue YoY
29.6%
-3.1%
Net Profit YoY
367.5%
108.3%
EPS (diluted)
$1.14
$0.04

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
UTZ
UTZ
Q4 25
$247.1M
Q3 25
$227.8M
Q2 25
$211.4M
Q1 25
$197.1M
Q4 24
$190.6M
$341.0M
Q3 24
$148.3M
$365.5M
Q2 24
$138.0M
$356.2M
Q1 24
$137.4M
$346.5M
Net Profit
ANIP
ANIP
UTZ
UTZ
Q4 25
$27.5M
Q3 25
$26.6M
Q2 25
$8.5M
Q1 25
$15.7M
Q4 24
$-10.3M
$2.3M
Q3 24
$-24.2M
$-2.2M
Q2 24
$-2.3M
$19.8M
Q1 24
$18.2M
$-4.0M
Gross Margin
ANIP
ANIP
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
25.5%
Q3 24
26.9%
Q2 24
26.7%
Q1 24
25.5%
Operating Margin
ANIP
ANIP
UTZ
UTZ
Q4 25
14.1%
Q3 25
15.9%
Q2 25
6.6%
Q1 25
13.3%
Q4 24
-2.3%
2.1%
Q3 24
-13.8%
5.3%
Q2 24
3.7%
6.3%
Q1 24
14.8%
2.8%
Net Margin
ANIP
ANIP
UTZ
UTZ
Q4 25
11.1%
Q3 25
11.7%
Q2 25
4.0%
Q1 25
8.0%
Q4 24
-5.4%
0.7%
Q3 24
-16.3%
-0.6%
Q2 24
-1.7%
5.6%
Q1 24
13.2%
-1.2%
EPS (diluted)
ANIP
ANIP
UTZ
UTZ
Q4 25
$1.14
Q3 25
$1.13
Q2 25
$0.36
Q1 25
$0.69
Q4 24
$-0.45
$0.04
Q3 24
$-1.27
$-0.03
Q2 24
$-0.14
$0.23
Q1 24
$0.82
$-0.05

Balance Sheet & Financial Strength

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

Metric
ANIP
ANIP
UTZ
UTZ
Cash + ST InvestmentsLiquidity on hand
$285.6M
$56.1M
Total DebtLower is stronger
$768.6M
Stockholders' EquityBook value
$540.7M
$696.9M
Total Assets
$1.4B
$2.7B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANIP
ANIP
UTZ
UTZ
Q4 25
$285.6M
Q3 25
$262.6M
Q2 25
$217.8M
Q1 25
$149.8M
Q4 24
$144.9M
$56.1M
Q3 24
$145.0M
$64.9M
Q2 24
$240.1M
$66.6M
Q1 24
$228.6M
$47.0M
Total Debt
ANIP
ANIP
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$768.6M
Q3 24
$780.8M
Q2 24
$797.6M
Q1 24
$756.9M
Stockholders' Equity
ANIP
ANIP
UTZ
UTZ
Q4 25
$540.7M
Q3 25
$505.8M
Q2 25
$436.8M
Q1 25
$418.6M
Q4 24
$403.7M
$696.9M
Q3 24
$405.9M
$685.7M
Q2 24
$455.8M
$686.0M
Q1 24
$452.0M
$671.1M
Total Assets
ANIP
ANIP
UTZ
UTZ
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
$2.7B
Q3 24
$1.3B
$2.6B
Q2 24
$920.8M
$2.7B
Q1 24
$914.5M
$2.6B
Debt / Equity
ANIP
ANIP
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.10×
Q3 24
1.14×
Q2 24
1.16×
Q1 24
1.13×

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
UTZ
UTZ
Operating Cash FlowLast quarter
$30.4M
$54.2M
Free Cash FlowOCF − Capex
$29.1M
$16.5M
FCF MarginFCF / Revenue
11.8%
4.8%
Capex IntensityCapex / Revenue
0.5%
11.1%
Cash ConversionOCF / Net Profit
1.10×
23.67×
TTM Free Cash FlowTrailing 4 quarters
$171.4M
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANIP
ANIP
UTZ
UTZ
Q4 25
$30.4M
Q3 25
$44.1M
Q2 25
$75.8M
Q1 25
$35.0M
Q4 24
$15.9M
$54.2M
Q3 24
$12.5M
$52.2M
Q2 24
$17.4M
$8.9M
Q1 24
$18.3M
$-9.1M
Free Cash Flow
ANIP
ANIP
UTZ
UTZ
Q4 25
$29.1M
Q3 25
$38.0M
Q2 25
$71.8M
Q1 25
$32.5M
Q4 24
$13.5M
$16.5M
Q3 24
$7.7M
$29.1M
Q2 24
$13.0M
$-15.3M
Q1 24
$13.7M
$-22.7M
FCF Margin
ANIP
ANIP
UTZ
UTZ
Q4 25
11.8%
Q3 25
16.7%
Q2 25
34.0%
Q1 25
16.5%
Q4 24
7.1%
4.8%
Q3 24
5.2%
8.0%
Q2 24
9.4%
-4.3%
Q1 24
10.0%
-6.5%
Capex Intensity
ANIP
ANIP
UTZ
UTZ
Q4 25
0.5%
Q3 25
2.7%
Q2 25
1.9%
Q1 25
1.3%
Q4 24
1.3%
11.1%
Q3 24
3.2%
6.3%
Q2 24
3.2%
6.8%
Q1 24
3.3%
3.9%
Cash Conversion
ANIP
ANIP
UTZ
UTZ
Q4 25
1.10×
Q3 25
1.66×
Q2 25
8.87×
Q1 25
2.23×
Q4 24
23.67×
Q3 24
Q2 24
0.45×
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%

UTZ
UTZ

Segment breakdown not available.

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