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Side-by-side financial comparison of Arcturus Therapeutics Holdings Inc. (ARCT) and TAYLOR DEVICES, INC. (TAYD). Click either name above to swap in a different company.

TAYLOR DEVICES, INC. is the larger business by last-quarter revenue ($11.6M vs $7.2M, roughly 1.6× Arcturus Therapeutics Holdings Inc.). On growth, TAYLOR DEVICES, INC. posted the faster year-over-year revenue change (35.7% vs -68.4%). TAYLOR DEVICES, INC. produced more free cash flow last quarter ($4.4M vs $-74.5M). Over the past eight quarters, TAYLOR DEVICES, INC.'s revenue compounded faster (-2.7% 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.

Taylor Corporation is a privately owned print and communications company headquartered in North Mankato, Minnesota, and was founded in 1975 by businessman Glen Taylor. The company comprises more than 90 locations and employs nearly 10,000 employees. Taylor has print operations in dozens of U.S. states and multiple countries around the world.

ARCT vs TAYD — Head-to-Head

Bigger by revenue
TAYD
TAYD
1.6× larger
TAYD
$11.6M
$7.2M
ARCT
Growing faster (revenue YoY)
TAYD
TAYD
+104.1% gap
TAYD
35.7%
-68.4%
ARCT
More free cash flow
TAYD
TAYD
$78.9M more FCF
TAYD
$4.4M
$-74.5M
ARCT
Faster 2-yr revenue CAGR
TAYD
TAYD
Annualised
TAYD
-2.7%
-56.5%
ARCT

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ARCT
ARCT
TAYD
TAYD
Revenue
$7.2M
$11.6M
Net Profit
$2.0M
Gross Margin
47.0%
Operating Margin
19.2%
Net Margin
17.3%
Revenue YoY
-68.4%
35.7%
Net Profit YoY
3.1%
90.2%
EPS (diluted)

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
TAYD
TAYD
Q4 25
$7.2M
$11.6M
Q3 25
$17.2M
$9.9M
Q2 25
$28.3M
$15.6M
Q1 25
$29.4M
$10.6M
Q4 24
$22.8M
$8.5M
Q3 24
$41.7M
$11.6M
Q2 24
$49.9M
$12.1M
Q1 24
$38.0M
$12.3M
Net Profit
ARCT
ARCT
TAYD
TAYD
Q4 25
$2.0M
Q3 25
$-13.4M
$2.2M
Q2 25
$-9.2M
$3.7M
Q1 25
$-14.1M
$2.0M
Q4 24
$-30.0M
$1.1M
Q3 24
$-6.9M
$2.7M
Q2 24
$-17.2M
$2.5M
Q1 24
$-26.8M
$2.7M
Gross Margin
ARCT
ARCT
TAYD
TAYD
Q4 25
47.0%
Q3 25
44.8%
Q2 25
48.6%
Q1 25
42.9%
Q4 24
45.5%
Q3 24
47.4%
Q2 24
48.8%
Q1 24
46.9%
Operating Margin
ARCT
ARCT
TAYD
TAYD
Q4 25
19.2%
Q3 25
-96.3%
22.6%
Q2 25
-41.0%
24.2%
Q1 25
-57.3%
19.1%
Q4 24
-146.7%
11.0%
Q3 24
-25.8%
25.0%
Q2 24
-42.4%
20.8%
Q1 24
-80.0%
24.4%
Net Margin
ARCT
ARCT
TAYD
TAYD
Q4 25
17.3%
Q3 25
-78.4%
22.1%
Q2 25
-32.4%
23.7%
Q1 25
-47.9%
19.0%
Q4 24
-131.8%
12.4%
Q3 24
-16.6%
23.0%
Q2 24
-34.5%
20.5%
Q1 24
-70.5%
22.0%
EPS (diluted)
ARCT
ARCT
TAYD
TAYD
Q4 25
Q3 25
$-0.49
Q2 25
$-0.34
Q1 25
$-0.52
Q4 24
$-1.10
Q3 24
$-0.26
Q2 24
$-0.64
Q1 24
$-1.00

Balance Sheet & Financial Strength

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

Metric
ARCT
ARCT
TAYD
TAYD
Cash + ST InvestmentsLiquidity on hand
$230.9M
$40.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$214.0M
$67.1M
Total Assets
$271.1M
$72.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARCT
ARCT
TAYD
TAYD
Q4 25
$230.9M
$40.7M
Q3 25
$180.4M
$36.3M
Q2 25
$196.5M
$36.0M
Q1 25
$216.9M
$35.4M
Q4 24
$237.0M
$26.6M
Q3 24
$237.2M
$27.1M
Q2 24
$260.3M
$31.0M
Q1 24
$288.4M
$24.6M
Stockholders' Equity
ARCT
ARCT
TAYD
TAYD
Q4 25
$214.0M
$67.1M
Q3 25
$224.6M
$64.3M
Q2 25
$231.1M
$62.0M
Q1 25
$233.8M
$57.8M
Q4 24
$241.0M
$55.8M
Q3 24
$261.9M
$53.9M
Q2 24
$258.6M
$51.2M
Q1 24
$264.0M
$47.8M
Total Assets
ARCT
ARCT
TAYD
TAYD
Q4 25
$271.1M
$72.8M
Q3 25
$282.3M
$70.3M
Q2 25
$309.3M
$71.6M
Q1 25
$331.8M
$70.1M
Q4 24
$344.1M
$62.9M
Q3 24
$370.7M
$61.9M
Q2 24
$388.6M
$63.1M
Q1 24
$418.8M
$54.8M

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
TAYD
TAYD
Operating Cash FlowLast quarter
$-74.3M
$5.7M
Free Cash FlowOCF − Capex
$-74.5M
$4.4M
FCF MarginFCF / Revenue
-1035.2%
38.3%
Capex IntensityCapex / Revenue
3.2%
11.3%
Cash ConversionOCF / Net Profit
2.86×
TTM Free Cash FlowTrailing 4 quarters
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARCT
ARCT
TAYD
TAYD
Q4 25
$-74.3M
$5.7M
Q3 25
$-17.2M
$483.6K
Q2 25
$-5.8M
$1.9M
Q1 25
$-35.1M
$9.0M
Q4 24
$-284.0K
$103.1K
Q3 24
$-23.8M
$-3.6M
Q2 24
$-30.1M
$6.5M
Q1 24
$-5.6M
$-685.0K
Free Cash Flow
ARCT
ARCT
TAYD
TAYD
Q4 25
$-74.5M
$4.4M
Q3 25
$-17.3M
$298.6K
Q2 25
$491.3K
Q1 25
$-35.3M
$8.8M
Q4 24
$-620.5K
Q3 24
$-23.8M
$-3.8M
Q2 24
$-30.5M
$6.1M
Q1 24
$-5.8M
$-895.5K
FCF Margin
ARCT
ARCT
TAYD
TAYD
Q4 25
-1035.2%
38.3%
Q3 25
-101.1%
3.0%
Q2 25
3.2%
Q1 25
-120.1%
83.6%
Q4 24
-7.3%
Q3 24
-57.2%
-33.0%
Q2 24
-61.1%
51.0%
Q1 24
-15.3%
-7.3%
Capex Intensity
ARCT
ARCT
TAYD
TAYD
Q4 25
3.2%
11.3%
Q3 25
1.1%
1.9%
Q2 25
0.0%
9.3%
Q1 25
0.5%
1.8%
Q4 24
0.0%
8.5%
Q3 24
0.2%
2.1%
Q2 24
0.7%
3.3%
Q1 24
0.6%
1.7%
Cash Conversion
ARCT
ARCT
TAYD
TAYD
Q4 25
2.86×
Q3 25
0.22×
Q2 25
0.52×
Q1 25
4.51×
Q4 24
0.10×
Q3 24
-1.35×
Q2 24
2.65×
Q1 24
-0.25×

Financial Flow Comparison

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

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