vs

Side-by-side financial comparison of ASSEMBLY BIOSCIENCES, INC. (ASMB) and WINMARK CORP (WINA). Click either name above to swap in a different company.

WINMARK CORP is the larger business by last-quarter revenue ($21.1M vs $10.8M, roughly 2.0× ASSEMBLY BIOSCIENCES, INC.). WINMARK CORP runs the higher net margin — 47.2% vs -85.2%, a 132.5% gap on every dollar of revenue. On growth, ASSEMBLY BIOSCIENCES, INC. posted the faster year-over-year revenue change (57.6% vs 7.9%). WINMARK CORP produced more free cash flow last quarter ($8.5M 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.

Winmark Corporation is an American franchisor of five retail businesses that specialize in buying and selling used goods. The company is based in Minneapolis, Minnesota. Winmark was founded in 1988 as Play It Again Sports Franchise Corporation by Ron Olson and Jeffrey Dahlberg after they purchased the Play It Again Sports franchise rights from Martha Morris. They renamed the company to Grow Biz International Inc. in June 1993. Grow Biz went public in August 1993. In 2000, John Morgan replaced...

ASMB vs WINA — Head-to-Head

Bigger by revenue
WINA
WINA
2.0× larger
WINA
$21.1M
$10.8M
ASMB
Growing faster (revenue YoY)
ASMB
ASMB
+49.8% gap
ASMB
57.6%
7.9%
WINA
Higher net margin
WINA
WINA
132.5% more per $
WINA
47.2%
-85.2%
ASMB
More free cash flow
WINA
WINA
$23.7M more FCF
WINA
$8.5M
$-15.2M
ASMB

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASMB
ASMB
WINA
WINA
Revenue
$10.8M
$21.1M
Net Profit
$-9.2M
$10.0M
Gross Margin
Operating Margin
-100.9%
61.7%
Net Margin
-85.2%
47.2%
Revenue YoY
57.6%
7.9%
Net Profit YoY
4.3%
3.9%
EPS (diluted)
$-0.72
$2.68

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
WINA
WINA
Q4 25
$21.1M
Q3 25
$10.8M
$22.6M
Q2 25
$9.6M
$20.4M
Q1 25
$9.4M
$21.9M
Q4 24
$7.4M
$19.5M
Q3 24
$6.8M
$21.5M
Q2 24
$8.5M
$20.1M
Q1 24
$5.8M
$20.1M
Net Profit
ASMB
ASMB
WINA
WINA
Q4 25
$10.0M
Q3 25
$-9.2M
$11.1M
Q2 25
$-10.2M
$10.6M
Q1 25
$-8.8M
$10.0M
Q4 24
$9.6M
Q3 24
$-9.6M
$11.1M
Q2 24
$-11.2M
$10.4M
Q1 24
$-9.1M
$8.8M
Operating Margin
ASMB
ASMB
WINA
WINA
Q4 25
61.7%
Q3 25
-100.9%
65.9%
Q2 25
-115.2%
64.0%
Q1 25
-105.5%
62.0%
Q4 24
65.3%
Q3 24
-160.1%
69.4%
Q2 24
-143.0%
64.7%
Q1 24
-185.5%
60.8%
Net Margin
ASMB
ASMB
WINA
WINA
Q4 25
47.2%
Q3 25
-85.2%
49.2%
Q2 25
-105.9%
51.9%
Q1 25
-93.6%
45.4%
Q4 24
49.0%
Q3 24
-140.4%
51.7%
Q2 24
-130.7%
51.8%
Q1 24
-156.9%
43.9%
EPS (diluted)
ASMB
ASMB
WINA
WINA
Q4 25
$2.68
Q3 25
$-0.72
$3.02
Q2 25
$-1.33
$2.89
Q1 25
$-1.17
$2.71
Q4 24
$2.60
Q3 24
$-1.51
$3.03
Q2 24
$-1.98
$2.85
Q1 24
$-1.66
$2.41

Balance Sheet & Financial Strength

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

Metric
ASMB
ASMB
WINA
WINA
Cash + ST InvestmentsLiquidity on hand
$22.5M
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$182.7M
$-53.7M
Total Assets
$240.0M
$24.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASMB
ASMB
WINA
WINA
Q4 25
$10.3M
Q3 25
$22.5M
$39.7M
Q2 25
$24.0M
$28.8M
Q1 25
$23.4M
$21.8M
Q4 24
$38.3M
$12.2M
Q3 24
$28.5M
$37.2M
Q2 24
$19.2M
$29.4M
Q1 24
$18.7M
$22.9M
Stockholders' Equity
ASMB
ASMB
WINA
WINA
Q4 25
$-53.7M
Q3 25
$182.7M
$-26.3M
Q2 25
$18.1M
$-36.8M
Q1 25
$27.1M
$-45.9M
Q4 24
$33.4M
$-51.0M
Q3 24
$26.0M
$-33.7M
Q2 24
$34.7M
$-42.2M
Q1 24
$32.6M
$-52.6M
Total Assets
ASMB
ASMB
WINA
WINA
Q4 25
$24.9M
Q3 25
$240.0M
$53.7M
Q2 25
$80.8M
$43.2M
Q1 25
$99.0M
$37.1M
Q4 24
$119.2M
$26.8M
Q3 24
$100.3M
$52.0M
Q2 24
$115.3M
$44.7M
Q1 24
$119.9M
$38.3M

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
WINA
WINA
Operating Cash FlowLast quarter
$-15.1M
$8.5M
Free Cash FlowOCF − Capex
$-15.2M
$8.5M
FCF MarginFCF / Revenue
-140.7%
40.3%
Capex IntensityCapex / Revenue
0.4%
0.1%
Cash ConversionOCF / Net Profit
0.86×
TTM Free Cash FlowTrailing 4 quarters
$44.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASMB
ASMB
WINA
WINA
Q4 25
$8.5M
Q3 25
$-15.1M
$12.3M
Q2 25
$-16.8M
$9.0M
Q1 25
$-23.4M
$15.1M
Q4 24
$-51.1M
$8.5M
Q3 24
$-15.2M
$12.1M
Q2 24
$-17.1M
$8.2M
Q1 24
$-18.4M
$13.4M
Free Cash Flow
ASMB
ASMB
WINA
WINA
Q4 25
$8.5M
Q3 25
$-15.2M
$12.2M
Q2 25
$9.0M
Q1 25
$15.0M
Q4 24
$-51.1M
Q3 24
$12.1M
Q2 24
$-17.1M
$8.1M
Q1 24
$-18.4M
$13.3M
FCF Margin
ASMB
ASMB
WINA
WINA
Q4 25
40.3%
Q3 25
-140.7%
53.8%
Q2 25
44.0%
Q1 25
68.6%
Q4 24
-695.2%
Q3 24
56.3%
Q2 24
-200.6%
40.4%
Q1 24
-317.7%
66.0%
Capex Intensity
ASMB
ASMB
WINA
WINA
Q4 25
0.1%
Q3 25
0.4%
0.3%
Q2 25
0.0%
0.3%
Q1 25
0.0%
0.2%
Q4 24
0.4%
0.0%
Q3 24
0.0%
0.0%
Q2 24
0.2%
0.5%
Q1 24
0.2%
0.4%
Cash Conversion
ASMB
ASMB
WINA
WINA
Q4 25
0.86×
Q3 25
1.10×
Q2 25
0.85×
Q1 25
1.51×
Q4 24
0.88×
Q3 24
1.09×
Q2 24
0.79×
Q1 24
1.52×

Financial Flow Comparison

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

Related Comparisons