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Side-by-side financial comparison of Ascendis Pharma A/S (ASND) and Legend Biotech Corp (LEGN). Click either name above to swap in a different company.

Legend Biotech Corp is the larger business by last-quarter revenue ($272.3M vs $267.3M, roughly 1.0× Ascendis Pharma A/S). On growth, Legend Biotech Corp posted the faster year-over-year revenue change (70.0% vs 42.3%). Over the past eight quarters, Legend Biotech Corp's revenue compounded faster (92.7% CAGR vs 60.7%).

Growth hormone therapy refers to the use of growth hormone (GH) as a prescription medication—it is one form of hormone therapy. Growth hormone is a peptide hormone secreted by the pituitary gland that stimulates growth and cell reproduction. In the past, growth hormone was extracted from human pituitary glands. Growth hormone is now produced by recombinant DNA technology and is prescribed for a variety of reasons. GH therapy has been a focus of social and ethical controversies for 50 years.

GenScript Biotech, fully known as GenScript Biotech Corporation, usually referred to as simply GenScript, is a China–based biotech company. It was co-founded in 2002 in New Jersey by Fangliang Zhang, Ye Wang, and Luquan Wang. The company mainly provides life science research application instruments and services. It was listed on the Hong Kong Stock Exchange in 2015. The current rotating CEO of the firm is Shao Weihui, who also served as the chief operating officer and Chinese Communist Party ...

ASND vs LEGN — Head-to-Head

Bigger by revenue
LEGN
LEGN
1.0× larger
LEGN
$272.3M
$267.3M
ASND
Growing faster (revenue YoY)
LEGN
LEGN
+27.7% gap
LEGN
70.0%
42.3%
ASND
Faster 2-yr revenue CAGR
LEGN
LEGN
Annualised
LEGN
92.7%
60.7%
ASND

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ASND
ASND
LEGN
LEGN
Revenue
$267.3M
$272.3M
Net Profit
$-39.7M
Gross Margin
90.5%
58.4%
Operating Margin
-16.0%
Net Margin
-14.6%
Revenue YoY
42.3%
70.0%
Net Profit YoY
68.3%
EPS (diluted)
$-0.11

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
ASND
ASND
LEGN
LEGN
Q4 25
$267.3M
Q3 25
$230.7M
$272.3M
Q2 25
$170.7M
$255.1M
Q1 25
$109.0M
$195.1M
Q4 24
$187.8M
Q3 24
$62.5M
$160.2M
Q2 24
$38.9M
$186.5M
Q1 24
$103.6M
$94.0M
Net Profit
ASND
ASND
LEGN
LEGN
Q4 25
Q3 25
$-65.9M
$-39.7M
Q2 25
$-42.0M
$-125.4M
Q1 25
$-102.2M
$-100.9M
Q4 24
Q3 24
$-107.1M
$-125.3M
Q2 24
$-118.1M
$-18.2M
Q1 24
$-141.5M
$-59.8M
Gross Margin
ASND
ASND
LEGN
LEGN
Q4 25
90.5%
Q3 25
89.5%
58.4%
Q2 25
80.1%
62.8%
Q1 25
82.6%
64.4%
Q4 24
91.9%
Q3 24
80.6%
67.2%
Q2 24
68.2%
75.7%
Q1 24
92.1%
47.8%
Operating Margin
ASND
ASND
LEGN
LEGN
Q4 25
Q3 25
5.1%
-16.0%
Q2 25
-33.5%
Q1 25
-103.2%
Q4 24
Q3 24
-167.3%
-43.9%
Q2 24
-370.2%
Q1 24
-51.2%
Net Margin
ASND
ASND
LEGN
LEGN
Q4 25
Q3 25
-28.5%
-14.6%
Q2 25
-24.6%
-49.2%
Q1 25
-93.7%
-51.7%
Q4 24
Q3 24
-171.5%
-78.2%
Q2 24
-303.9%
-9.8%
Q1 24
-136.6%
-63.6%
EPS (diluted)
ASND
ASND
LEGN
LEGN
Q4 25
Q3 25
$-0.11
Q2 25
$-0.34
Q1 25
$-0.27
Q4 24
Q3 24
$-0.34
Q2 24
$-0.05
Q1 24
$-0.16

Balance Sheet & Financial Strength

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

Metric
ASND
ASND
LEGN
LEGN
Cash + ST InvestmentsLiquidity on hand
$665.3M
$278.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-175.8M
$1.0B
Total Assets
$1.4B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASND
ASND
LEGN
LEGN
Q4 25
$665.3M
Q3 25
$582.2M
$278.9M
Q2 25
$533.6M
$266.6M
Q1 25
$559.4M
$441.7M
Q4 24
$604.3M
Q3 24
$675.6M
$459.3M
Q2 24
$279.4M
$201.3M
Q1 24
$345.9M
$897.6M
Stockholders' Equity
ASND
ASND
LEGN
LEGN
Q4 25
$-175.8M
Q3 25
$-188.0M
$1.0B
Q2 25
$-202.6M
$1.0B
Q1 25
$-205.0M
$1.0B
Q4 24
$-114.2M
Q3 24
$-105.1M
$1.1B
Q2 24
$-346.8M
$1.2B
Q1 24
$-257.2M
$1.2B
Total Assets
ASND
ASND
LEGN
LEGN
Q4 25
$1.4B
Q3 25
$1.2B
$1.7B
Q2 25
$1.2B
$1.7B
Q1 25
$1.1B
$1.6B
Q4 24
$1.3B
Q3 24
$1.2B
$1.7B
Q2 24
$819.0M
$1.8B
Q1 24
$866.7M
$1.8B

Cash Flow & Capital Efficiency

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

Metric
ASND
ASND
LEGN
LEGN
Operating Cash FlowLast quarter
$58.2M
$28.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASND
ASND
LEGN
LEGN
Q4 25
$58.2M
Q3 25
$28.8M
Q2 25
$-13.0M
Q1 25
$-15.5M
$-103.8M
Q4 24
$-330.7M
Q3 24
$-75.8M
Q2 24
$-1.7M
Q1 24
$-109.7M
$15.5M

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASND
ASND

Segment breakdown not available.

LEGN
LEGN

Goods Or Services Transferred At Point In Time$261.8M96%
Goods Or Services Transferred Over Time$10.5M4%

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