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Side-by-side financial comparison of Assertio Holdings, Inc. (ASRT) and Invesco Mortgage Capital Inc. (IVR). Click either name above to swap in a different company.

Invesco Mortgage Capital Inc. is the larger business by last-quarter revenue ($21.3M vs $13.5M, roughly 1.6× Assertio Holdings, Inc.). On growth, Invesco Mortgage Capital Inc. posted the faster year-over-year revenue change (55.4% vs -57.9%). Over the past eight quarters, Invesco Mortgage Capital Inc.'s revenue compounded faster (74.2% CAGR vs -35.4%).

Assertio Therapeutics, Inc. is an American specialty pharmaceutical company. It mainly markets products for treatment in neurology, pain and diseases of the central nervous system. Depomed was founded in 1995 and is headquartered in Newark, California. It is a publicly traded company on NASDAQ, with several products approved by the United States Food and Drug Administration (FDA). On August 15, 2018, the company announced its name change from Depomed, Inc., to Assertio Therapeutics, Inc. As o...

Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.

ASRT vs IVR — Head-to-Head

Bigger by revenue
IVR
IVR
1.6× larger
IVR
$21.3M
$13.5M
ASRT
Growing faster (revenue YoY)
IVR
IVR
+113.3% gap
IVR
55.4%
-57.9%
ASRT
Faster 2-yr revenue CAGR
IVR
IVR
Annualised
IVR
74.2%
-35.4%
ASRT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ASRT
ASRT
IVR
IVR
Revenue
$13.5M
$21.3M
Net Profit
$51.5M
Gross Margin
Operating Margin
-86.7%
Net Margin
242.2%
Revenue YoY
-57.9%
55.4%
Net Profit YoY
1368.7%
EPS (diluted)
$-4.54
$0.72

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
ASRT
ASRT
IVR
IVR
Q4 25
$13.5M
$21.3M
Q3 25
$49.5M
$17.6M
Q2 25
$29.2M
$17.7M
Q1 25
$26.5M
$18.8M
Q4 24
$32.2M
$13.7M
Q3 24
$29.2M
$7.5M
Q2 24
$31.1M
$8.6M
Q1 24
$32.4M
$7.0M
Net Profit
ASRT
ASRT
IVR
IVR
Q4 25
$51.5M
Q3 25
$11.4M
$53.5M
Q2 25
$-16.4M
$-23.3M
Q1 25
$-13.5M
$19.6M
Q4 24
$3.5M
Q3 24
$-2.9M
$40.7M
Q2 24
$-3.7M
$-13.5M
Q1 24
$-4.5M
$29.1M
Operating Margin
ASRT
ASRT
IVR
IVR
Q4 25
-86.7%
Q3 25
23.2%
Q2 25
-27.5%
Q1 25
-50.0%
Q4 24
-41.9%
Q3 24
-10.4%
Q2 24
-11.6%
Q1 24
-13.4%
Net Margin
ASRT
ASRT
IVR
IVR
Q4 25
242.2%
Q3 25
23.1%
303.6%
Q2 25
-56.0%
-131.6%
Q1 25
-51.1%
104.4%
Q4 24
25.6%
Q3 24
-10.0%
542.2%
Q2 24
-11.8%
-155.9%
Q1 24
-13.9%
415.9%
EPS (diluted)
ASRT
ASRT
IVR
IVR
Q4 25
$-4.54
$0.72
Q3 25
$0.11
$0.74
Q2 25
$-0.17
$-0.40
Q1 25
$-0.14
$0.26
Q4 24
$-3.28
$-0.09
Q3 24
$-0.03
$0.63
Q2 24
$-0.04
$-0.38
Q1 24
$-0.05
$0.49

Balance Sheet & Financial Strength

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

Metric
ASRT
ASRT
IVR
IVR
Cash + ST InvestmentsLiquidity on hand
$63.4M
$56.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$94.0M
$797.5M
Total Assets
$267.0M
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASRT
ASRT
IVR
IVR
Q4 25
$63.4M
$56.0M
Q3 25
$93.4M
$58.5M
Q2 25
$98.2M
$59.4M
Q1 25
$87.3M
$42.9M
Q4 24
$100.1M
$73.4M
Q3 24
$88.6M
$48.3M
Q2 24
$88.4M
$58.8M
Q1 24
$80.7M
$59.9M
Total Debt
ASRT
ASRT
IVR
IVR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$38.6M
Stockholders' Equity
ASRT
ASRT
IVR
IVR
Q4 25
$94.0M
$797.5M
Q3 25
$105.8M
$769.6M
Q2 25
$93.3M
$709.4M
Q1 25
$108.5M
$759.2M
Q4 24
$121.1M
$730.7M
Q3 24
$130.5M
$857.0M
Q2 24
$132.2M
$759.2M
Q1 24
$134.5M
$785.6M
Total Assets
ASRT
ASRT
IVR
IVR
Q4 25
$267.0M
$6.5B
Q3 25
$319.8M
$6.0B
Q2 25
$273.8M
$5.4B
Q1 25
$286.4M
$6.2B
Q4 24
$284.7M
$5.7B
Q3 24
$276.0M
$6.1B
Q2 24
$279.4M
$5.1B
Q1 24
$282.0M
$5.2B
Debt / Equity
ASRT
ASRT
IVR
IVR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.29×

Cash Flow & Capital Efficiency

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

Metric
ASRT
ASRT
IVR
IVR
Operating Cash FlowLast quarter
$-30.0M
$157.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.05×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASRT
ASRT
IVR
IVR
Q4 25
$-30.0M
$157.1M
Q3 25
$-4.8M
$37.3M
Q2 25
$19.1M
$40.6M
Q1 25
$-12.5M
$19.3M
Q4 24
$11.5M
$183.2M
Q3 24
$-35.0K
$30.8M
Q2 24
$7.4M
$33.0M
Q1 24
$7.5M
$57.5M
Capex Intensity
ASRT
ASRT
IVR
IVR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Cash Conversion
ASRT
ASRT
IVR
IVR
Q4 25
3.05×
Q3 25
-0.42×
0.70×
Q2 25
Q1 25
0.98×
Q4 24
52.24×
Q3 24
0.76×
Q2 24
Q1 24
1.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASRT
ASRT

Products$12.8M95%
Other$719.0K5%

IVR
IVR

Segment breakdown not available.

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