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Side-by-side financial comparison of ARROW FINANCIAL CORP (AROW) and CytomX Therapeutics, Inc. (CTMX). Click either name above to swap in a different company.

ARROW FINANCIAL CORP is the larger business by last-quarter revenue ($35.0M vs $18.7M, roughly 1.9× CytomX Therapeutics, Inc.). ARROW FINANCIAL CORP runs the higher net margin — 24.6% vs -0.8%, a 25.4% gap on every dollar of revenue. On growth, ARROW FINANCIAL CORP posted the faster year-over-year revenue change (7.1% vs -25.7%). ARROW FINANCIAL CORP produced more free cash flow last quarter ($7.5M vs $-15.8M). Over the past eight quarters, ARROW FINANCIAL CORP's revenue compounded faster (6.4% CAGR vs -15.9%).

Flagstar Bank, N.A. (FLG), is an American regional financial services holding company headquartered in Hicksville, New York. In 2023, the bank operated 395 branches However, they rebranded all of these under the Flagstar name on February 21, 2024.

CytomX Therapeutics is a clinical-stage biotechnology company specializing in innovative cancer immunotherapies. It leverages its proprietary Probody technology platform to develop targeted therapies that activate exclusively in tumor microenvironments, minimizing off-target toxicities, with a pipeline covering multiple solid tumor indications and partnerships with leading global pharmaceutical firms.

AROW vs CTMX — Head-to-Head

Bigger by revenue
AROW
AROW
1.9× larger
AROW
$35.0M
$18.7M
CTMX
Growing faster (revenue YoY)
AROW
AROW
+32.8% gap
AROW
7.1%
-25.7%
CTMX
Higher net margin
AROW
AROW
25.4% more per $
AROW
24.6%
-0.8%
CTMX
More free cash flow
AROW
AROW
$23.3M more FCF
AROW
$7.5M
$-15.8M
CTMX
Faster 2-yr revenue CAGR
AROW
AROW
Annualised
AROW
6.4%
-15.9%
CTMX

Income Statement — Q2 FY2024 vs Q2 FY2025

Metric
AROW
AROW
CTMX
CTMX
Revenue
$35.0M
$18.7M
Net Profit
$8.6M
$-154.0K
Gross Margin
Operating Margin
-6.9%
Net Margin
24.6%
-0.8%
Revenue YoY
7.1%
-25.7%
Net Profit YoY
42.3%
97.6%
EPS (diluted)
$0.52

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
AROW
AROW
CTMX
CTMX
Q2 25
$18.7M
Q1 25
$50.9M
Q4 24
$38.1M
Q3 24
$33.4M
Q2 24
$35.0M
$25.1M
Q1 24
$34.3M
$41.5M
Q4 23
$25.6M
$26.6M
Q3 23
$25.4M
$26.4M
Net Profit
AROW
AROW
CTMX
CTMX
Q2 25
$-154.0K
Q1 25
$23.5M
Q4 24
$18.9M
Q3 24
$5.7M
Q2 24
$8.6M
$-6.5M
Q1 24
$7.7M
$13.8M
Q4 23
$7.7M
$837.0K
Q3 23
$7.7M
$3.0M
Operating Margin
AROW
AROW
CTMX
CTMX
Q2 25
-6.9%
Q1 25
44.4%
Q4 24
46.4%
Q3 24
12.3%
Q2 24
-33.7%
Q1 24
28.1%
Q4 23
-2.3%
Q3 23
11.8%
Net Margin
AROW
AROW
CTMX
CTMX
Q2 25
-0.8%
Q1 25
46.2%
Q4 24
49.6%
Q3 24
17.2%
Q2 24
24.6%
-26.0%
Q1 24
22.3%
33.3%
Q4 23
30.2%
3.1%
Q3 23
30.5%
11.3%
EPS (diluted)
AROW
AROW
CTMX
CTMX
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$0.52
Q1 24
$0.45
Q4 23
$0.46
Q3 23
$0.46

Balance Sheet & Financial Strength

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

Metric
AROW
AROW
CTMX
CTMX
Cash + ST InvestmentsLiquidity on hand
$49.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$383.0M
$119.9M
Total Assets
$4.2B
$175.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AROW
AROW
CTMX
CTMX
Q2 25
$49.0M
Q1 25
$47.6M
Q4 24
$38.1M
Q3 24
$40.6M
Q2 24
$43.2M
Q1 24
$36.2M
Q4 23
$17.2M
Q3 23
$26.0M
Total Debt
AROW
AROW
CTMX
CTMX
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
$6.5M
Q3 23
Stockholders' Equity
AROW
AROW
CTMX
CTMX
Q2 25
$119.9M
Q1 25
$25.0M
Q4 24
$-456.0K
Q3 24
$-23.5M
Q2 24
$383.0M
$-31.2M
Q1 24
$378.0M
$-31.7M
Q4 23
$379.8M
$-47.4M
Q3 23
$360.0M
$-51.2M
Total Assets
AROW
AROW
CTMX
CTMX
Q2 25
$175.1M
Q1 25
$98.5M
Q4 24
$120.5M
Q3 24
$139.0M
Q2 24
$4.2B
$159.2M
Q1 24
$4.3B
$184.7M
Q4 23
$4.2B
$201.8M
Q3 23
$4.3B
$221.2M
Debt / Equity
AROW
AROW
CTMX
CTMX
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
0.02×
Q3 23

Cash Flow & Capital Efficiency

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

Metric
AROW
AROW
CTMX
CTMX
Operating Cash FlowLast quarter
$9.1M
$-15.8M
Free Cash FlowOCF − Capex
$7.5M
$-15.8M
FCF MarginFCF / Revenue
21.5%
-84.6%
Capex IntensityCapex / Revenue
4.5%
0.1%
Cash ConversionOCF / Net Profit
1.06×
TTM Free Cash FlowTrailing 4 quarters
$9.6M
$-77.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AROW
AROW
CTMX
CTMX
Q2 25
$-15.8M
Q1 25
$-21.0M
Q4 24
$-19.9M
Q3 24
$-20.7M
Q2 24
$9.1M
$-19.5M
Q1 24
$10.3M
$-26.0M
Q4 23
$-16.3M
$-22.0M
Q3 23
$11.2M
$-18.2M
Free Cash Flow
AROW
AROW
CTMX
CTMX
Q2 25
$-15.8M
Q1 25
$-21.2M
Q4 24
$-20.0M
Q3 24
$-20.7M
Q2 24
$7.5M
$-19.6M
Q1 24
$9.2M
$-26.2M
Q4 23
$-16.9M
$-22.2M
Q3 23
$9.8M
$-18.3M
FCF Margin
AROW
AROW
CTMX
CTMX
Q2 25
-84.6%
Q1 25
-41.6%
Q4 24
-52.5%
Q3 24
-62.1%
Q2 24
21.5%
-78.2%
Q1 24
26.8%
-63.1%
Q4 23
-66.1%
-83.5%
Q3 23
38.6%
-69.2%
Capex Intensity
AROW
AROW
CTMX
CTMX
Q2 25
0.1%
Q1 25
0.2%
Q4 24
0.2%
Q3 24
0.1%
Q2 24
4.5%
0.4%
Q1 24
3.4%
0.3%
Q4 23
2.4%
1.0%
Q3 23
5.6%
0.0%
Cash Conversion
AROW
AROW
CTMX
CTMX
Q2 25
Q1 25
-0.89×
Q4 24
-1.05×
Q3 24
-3.61×
Q2 24
1.06×
Q1 24
1.35×
-1.89×
Q4 23
-2.11×
-26.24×
Q3 23
1.45×
-6.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AROW
AROW

Segment breakdown not available.

CTMX
CTMX

Bristol Myers Squibb Company$11.6M62%
Astellas Pharma Inc$4.6M25%
Regeneron Pharmaceuticals Inc$2.1M11%

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