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Side-by-side financial comparison of Arcturus Therapeutics Holdings Inc. (ARCT) and Greenidge Generation Holdings Inc. (GREE). Click either name above to swap in a different company.

Greenidge Generation Holdings Inc. is the larger business by last-quarter revenue ($11.5M vs $7.2M, roughly 1.6× Arcturus Therapeutics Holdings Inc.). On growth, Greenidge Generation Holdings Inc. posted the faster year-over-year revenue change (-22.6% vs -68.4%). Over the past eight quarters, Greenidge Generation Holdings Inc.'s revenue compounded faster (-23.0% CAGR vs -56.5%).

Arcturus Therapeutics Holdings Inc. is an American RNA medicines biotechnology company focused on the discovery, development and commercialization of therapeutics for rare diseases and infectious diseases. Arcturus has developed proprietary lipid nanoparticle RNA therapeutics for nucleic acid medicines including small interfering RNA (siRNA), messenger RNA (mRNA), gene editing RNA, DNA, antisense oligonucleotides, and microRNA.

Greenidge Generation Holdings Inc. is a U.S.-based firm operating integrated cryptocurrency mining facilities and low-carbon power generation assets, including natural gas and renewable energy projects. It aligns digital asset mining with efficient energy use, primarily serving North American digital asset and energy market segments.

ARCT vs GREE — Head-to-Head

Bigger by revenue
GREE
GREE
1.6× larger
GREE
$11.5M
$7.2M
ARCT
Growing faster (revenue YoY)
GREE
GREE
+45.8% gap
GREE
-22.6%
-68.4%
ARCT
Faster 2-yr revenue CAGR
GREE
GREE
Annualised
GREE
-23.0%
-56.5%
ARCT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARCT
ARCT
GREE
GREE
Revenue
$7.2M
$11.5M
Net Profit
$3.0M
Gross Margin
Operating Margin
14.7%
Net Margin
26.3%
Revenue YoY
-68.4%
-22.6%
Net Profit YoY
3.1%
177.1%
EPS (diluted)
$0.26

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
ARCT
ARCT
GREE
GREE
Q4 25
$7.2M
$11.5M
Q3 25
$17.2M
$15.2M
Q2 25
$28.3M
$12.9M
Q1 25
$29.4M
$19.2M
Q4 24
$22.8M
$14.8M
Q3 24
$41.7M
$12.4M
Q2 24
$49.9M
$13.1M
Q1 24
$38.0M
$19.3M
Net Profit
ARCT
ARCT
GREE
GREE
Q4 25
$3.0M
Q3 25
$-13.4M
$12.0M
Q2 25
$-9.2M
$-4.1M
Q1 25
$-14.1M
$-5.6M
Q4 24
$-30.0M
$-3.9M
Q3 24
$-6.9M
$-6.4M
Q2 24
$-17.2M
$-5.6M
Q1 24
$-26.8M
$-3.9M
Operating Margin
ARCT
ARCT
GREE
GREE
Q4 25
14.7%
Q3 25
-96.3%
2.0%
Q2 25
-41.0%
-26.4%
Q1 25
-57.3%
-12.4%
Q4 24
-146.7%
-8.9%
Q3 24
-25.8%
-37.7%
Q2 24
-42.4%
-28.8%
Q1 24
-80.0%
-8.9%
Net Margin
ARCT
ARCT
GREE
GREE
Q4 25
26.3%
Q3 25
-78.4%
78.6%
Q2 25
-32.4%
-32.0%
Q1 25
-47.9%
-28.9%
Q4 24
-131.8%
-26.4%
Q3 24
-16.6%
-51.6%
Q2 24
-34.5%
-42.6%
Q1 24
-70.5%
-20.4%
EPS (diluted)
ARCT
ARCT
GREE
GREE
Q4 25
$0.26
Q3 25
$-0.49
$0.75
Q2 25
$-0.34
$-0.27
Q1 25
$-0.52
$-0.40
Q4 24
$-1.10
$-0.30
Q3 24
$-0.26
$-0.60
Q2 24
$-0.64
$-0.56
Q1 24
$-1.00
$-0.42

Balance Sheet & Financial Strength

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

Metric
ARCT
ARCT
GREE
GREE
Cash + ST InvestmentsLiquidity on hand
$230.9M
$19.6M
Total DebtLower is stronger
$43.1M
Stockholders' EquityBook value
$214.0M
$-46.3M
Total Assets
$271.1M
$53.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARCT
ARCT
GREE
GREE
Q4 25
$230.9M
$19.6M
Q3 25
$180.4M
$7.6M
Q2 25
$196.5M
$3.4M
Q1 25
$216.9M
$4.9M
Q4 24
$237.0M
$8.6M
Q3 24
$237.2M
$7.6M
Q2 24
$260.3M
$10.3M
Q1 24
$288.4M
$14.3M
Total Debt
ARCT
ARCT
GREE
GREE
Q4 25
$43.1M
Q3 25
$45.8M
Q2 25
$63.3M
Q1 25
$67.2M
Q4 24
$68.1M
Q3 24
$69.5M
Q2 24
$69.2M
Q1 24
$69.0M
Stockholders' Equity
ARCT
ARCT
GREE
GREE
Q4 25
$214.0M
$-46.3M
Q3 25
$224.6M
$-49.4M
Q2 25
$231.1M
$-61.2M
Q1 25
$233.8M
$-58.2M
Q4 24
$241.0M
$-55.8M
Q3 24
$261.9M
$-58.0M
Q2 24
$258.6M
$-52.1M
Q1 24
$264.0M
$-46.8M
Total Assets
ARCT
ARCT
GREE
GREE
Q4 25
$271.1M
$53.6M
Q3 25
$282.3M
$50.6M
Q2 25
$309.3M
$52.8M
Q1 25
$331.8M
$56.7M
Q4 24
$344.1M
$64.9M
Q3 24
$370.7M
$59.9M
Q2 24
$388.6M
$62.9M
Q1 24
$418.8M
$74.6M

Cash Flow & Capital Efficiency

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

Metric
ARCT
ARCT
GREE
GREE
Operating Cash FlowLast quarter
$-74.3M
$-15.0M
Free Cash FlowOCF − Capex
$-74.5M
FCF MarginFCF / Revenue
-1035.2%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
-4.98×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARCT
ARCT
GREE
GREE
Q4 25
$-74.3M
$-15.0M
Q3 25
$-17.2M
$120.0K
Q2 25
$-5.8M
$-4.8M
Q1 25
$-35.1M
$-5.7M
Q4 24
$-284.0K
$-12.0M
Q3 24
$-23.8M
$-1.9M
Q2 24
$-30.1M
$-1.4M
Q1 24
$-5.6M
$-5.1M
Free Cash Flow
ARCT
ARCT
GREE
GREE
Q4 25
$-74.5M
Q3 25
$-17.3M
Q2 25
Q1 25
$-35.3M
Q4 24
Q3 24
$-23.8M
Q2 24
$-30.5M
Q1 24
$-5.8M
FCF Margin
ARCT
ARCT
GREE
GREE
Q4 25
-1035.2%
Q3 25
-101.1%
Q2 25
Q1 25
-120.1%
Q4 24
Q3 24
-57.2%
Q2 24
-61.1%
Q1 24
-15.3%
Capex Intensity
ARCT
ARCT
GREE
GREE
Q4 25
3.2%
Q3 25
1.1%
Q2 25
0.0%
Q1 25
0.5%
Q4 24
0.0%
Q3 24
0.2%
Q2 24
0.7%
Q1 24
0.6%
Cash Conversion
ARCT
ARCT
GREE
GREE
Q4 25
-4.98×
Q3 25
0.01×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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