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Side-by-side financial comparison of ASSEMBLY BIOSCIENCES, INC. (ASMB) and IF Bancorp, Inc. (IROQ). Click either name above to swap in a different company.

ASSEMBLY BIOSCIENCES, INC. is the larger business by last-quarter revenue ($10.8M vs $7.3M, roughly 1.5× IF Bancorp, Inc.). IF Bancorp, Inc. runs the higher net margin — 18.1% vs -85.2%, a 103.3% gap on every dollar of revenue. On growth, ASSEMBLY BIOSCIENCES, INC. posted the faster year-over-year revenue change (57.6% vs 16.8%). IF Bancorp, Inc. produced more free cash flow last quarter ($1.7M vs $-15.2M).

Pacific Biosciences of California, Inc. is an American biotechnology company founded in 2004 that develops and manufactures systems for gene sequencing and some novel real time biological observation. PacBio has two principal sequencing platforms: single-molecule real-time sequencing (SMRT), based on the properties of zero-mode waveguides and sequencing by binding (SBB) chemistry, which uses native nucleotides and scarless incorporation for DNA binding and extension.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

ASMB vs IROQ — Head-to-Head

Bigger by revenue
ASMB
ASMB
1.5× larger
ASMB
$10.8M
$7.3M
IROQ
Growing faster (revenue YoY)
ASMB
ASMB
+40.8% gap
ASMB
57.6%
16.8%
IROQ
Higher net margin
IROQ
IROQ
103.3% more per $
IROQ
18.1%
-85.2%
ASMB
More free cash flow
IROQ
IROQ
$16.9M more FCF
IROQ
$1.7M
$-15.2M
ASMB

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
ASMB
ASMB
IROQ
IROQ
Revenue
$10.8M
$7.3M
Net Profit
$-9.2M
$1.3M
Gross Margin
Operating Margin
-100.9%
24.9%
Net Margin
-85.2%
18.1%
Revenue YoY
57.6%
16.8%
Net Profit YoY
4.3%
8.9%
EPS (diluted)
$-0.72
$0.41

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
ASMB
ASMB
IROQ
IROQ
Q4 25
$7.3M
Q3 25
$10.8M
$7.3M
Q2 25
$9.6M
$6.9M
Q1 25
$9.4M
$6.4M
Q4 24
$7.4M
$6.3M
Q3 24
$6.8M
$6.2M
Q2 24
$8.5M
$5.7M
Q1 24
$5.8M
$5.4M
Net Profit
ASMB
ASMB
IROQ
IROQ
Q4 25
$1.3M
Q3 25
$-9.2M
$1.4M
Q2 25
$-10.2M
$1.4M
Q1 25
$-8.8M
$1.0M
Q4 24
$1.2M
Q3 24
$-9.6M
$633.0K
Q2 24
$-11.2M
$431.0K
Q1 24
$-9.1M
$708.0K
Operating Margin
ASMB
ASMB
IROQ
IROQ
Q4 25
24.9%
Q3 25
-100.9%
26.0%
Q2 25
-115.2%
29.1%
Q1 25
-105.5%
21.7%
Q4 24
26.8%
Q3 24
-160.1%
13.7%
Q2 24
-143.0%
9.3%
Q1 24
-185.5%
17.6%
Net Margin
ASMB
ASMB
IROQ
IROQ
Q4 25
18.1%
Q3 25
-85.2%
19.0%
Q2 25
-105.9%
21.0%
Q1 25
-93.6%
15.8%
Q4 24
19.4%
Q3 24
-140.4%
10.2%
Q2 24
-130.7%
7.6%
Q1 24
-156.9%
13.1%
EPS (diluted)
ASMB
ASMB
IROQ
IROQ
Q4 25
$0.41
Q3 25
$-0.72
$0.43
Q2 25
$-1.33
$0.48
Q1 25
$-1.17
$0.31
Q4 24
$0.38
Q3 24
$-1.51
$0.20
Q2 24
$-1.98
$0.15
Q1 24
$-1.66
$0.22

Balance Sheet & Financial Strength

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

Metric
ASMB
ASMB
IROQ
IROQ
Cash + ST InvestmentsLiquidity on hand
$22.5M
$8.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$182.7M
$87.4M
Total Assets
$240.0M
$830.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASMB
ASMB
IROQ
IROQ
Q4 25
$8.8M
Q3 25
$22.5M
$8.0M
Q2 25
$24.0M
$20.1M
Q1 25
$23.4M
$8.9M
Q4 24
$38.3M
$5.9M
Q3 24
$28.5M
$7.8M
Q2 24
$19.2M
$9.6M
Q1 24
$18.7M
$16.1M
Stockholders' Equity
ASMB
ASMB
IROQ
IROQ
Q4 25
$87.4M
Q3 25
$182.7M
$84.5M
Q2 25
$18.1M
$81.8M
Q1 25
$27.1M
$78.9M
Q4 24
$33.4M
$75.9M
Q3 24
$26.0M
$78.8M
Q2 24
$34.7M
$73.9M
Q1 24
$32.6M
$72.4M
Total Assets
ASMB
ASMB
IROQ
IROQ
Q4 25
$830.4M
Q3 25
$240.0M
$862.3M
Q2 25
$80.8M
$887.7M
Q1 25
$99.0M
$879.1M
Q4 24
$119.2M
$885.1M
Q3 24
$100.3M
$893.4M
Q2 24
$115.3M
$887.7M
Q1 24
$119.9M
$905.0M

Cash Flow & Capital Efficiency

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

Metric
ASMB
ASMB
IROQ
IROQ
Operating Cash FlowLast quarter
$-15.1M
$1.8M
Free Cash FlowOCF − Capex
$-15.2M
$1.7M
FCF MarginFCF / Revenue
-140.7%
23.7%
Capex IntensityCapex / Revenue
0.4%
0.9%
Cash ConversionOCF / Net Profit
1.36×
TTM Free Cash FlowTrailing 4 quarters
$9.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASMB
ASMB
IROQ
IROQ
Q4 25
$1.8M
Q3 25
$-15.1M
$-539.0K
Q2 25
$-16.8M
$6.8M
Q1 25
$-23.4M
$1.8M
Q4 24
$-51.1M
$-155.0K
Q3 24
$-15.2M
$2.2M
Q2 24
$-17.1M
$2.3M
Q1 24
$-18.4M
$19.0K
Free Cash Flow
ASMB
ASMB
IROQ
IROQ
Q4 25
$1.7M
Q3 25
$-15.2M
$-582.0K
Q2 25
$6.5M
Q1 25
$1.8M
Q4 24
$-51.1M
$-226.0K
Q3 24
$2.1M
Q2 24
$-17.1M
$2.0M
Q1 24
$-18.4M
$-67.0K
FCF Margin
ASMB
ASMB
IROQ
IROQ
Q4 25
23.7%
Q3 25
-140.7%
-7.9%
Q2 25
95.1%
Q1 25
28.2%
Q4 24
-695.2%
-3.6%
Q3 24
33.6%
Q2 24
-200.6%
35.7%
Q1 24
-317.7%
-1.2%
Capex Intensity
ASMB
ASMB
IROQ
IROQ
Q4 25
0.9%
Q3 25
0.4%
0.6%
Q2 25
0.0%
3.5%
Q1 25
0.0%
0.4%
Q4 24
0.4%
1.1%
Q3 24
0.0%
1.2%
Q2 24
0.2%
4.3%
Q1 24
0.2%
1.6%
Cash Conversion
ASMB
ASMB
IROQ
IROQ
Q4 25
1.36×
Q3 25
-0.39×
Q2 25
4.69×
Q1 25
1.81×
Q4 24
-0.13×
Q3 24
3.42×
Q2 24
5.30×
Q1 24
0.03×

Financial Flow Comparison

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

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