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Side-by-side financial comparison of Atai Beckley N.V. (ATAI) and CXApp Inc. (CXAI). Click either name above to swap in a different company.

CXApp Inc. is the larger business by last-quarter revenue ($1.0M vs $749.0K, roughly 1.4× Atai Beckley N.V.). CXApp Inc. runs the higher net margin — -544.1% vs -8154.1%, a 7609.9% gap on every dollar of revenue. On growth, Atai Beckley N.V. posted the faster year-over-year revenue change (1772.5% vs -38.5%). CXApp Inc. produced more free cash flow last quarter ($-3.6M vs $-23.7M). Over the past eight quarters, Atai Beckley N.V.'s revenue compounded faster (545.1% CAGR vs -25.0%).

atai Life Sciences is a pharmaceutical company that is developing psychedelics, other hallucinogens, entactogens, and related drugs for treatment of psychiatric conditions. It was founded in 2018 and is headquartered in Berlin, Germany.

CXApp Inc. is a technology firm specializing in digital workplace experience solutions. It offers cloud-based software tools for employee engagement, office space optimization, visitor management, and hybrid work coordination, serving mid-to-large enterprises across North America, APAC and Europe.

ATAI vs CXAI — Head-to-Head

Bigger by revenue
CXAI
CXAI
1.4× larger
CXAI
$1.0M
$749.0K
ATAI
Growing faster (revenue YoY)
ATAI
ATAI
+1811.0% gap
ATAI
1772.5%
-38.5%
CXAI
Higher net margin
CXAI
CXAI
7609.9% more per $
CXAI
-544.1%
-8154.1%
ATAI
More free cash flow
CXAI
CXAI
$20.0M more FCF
CXAI
$-3.6M
$-23.7M
ATAI
Faster 2-yr revenue CAGR
ATAI
ATAI
Annualised
ATAI
545.1%
-25.0%
CXAI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ATAI
ATAI
CXAI
CXAI
Revenue
$749.0K
$1.0M
Net Profit
$-61.1M
$-5.6M
Gross Margin
86.9%
Operating Margin
-3796.5%
-576.9%
Net Margin
-8154.1%
-544.1%
Revenue YoY
1772.5%
-38.5%
Net Profit YoY
-132.3%
-56.7%
EPS (diluted)
$-0.28

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
ATAI
ATAI
CXAI
CXAI
Q4 25
$1.0M
Q3 25
$749.0K
$1.1M
Q2 25
$719.0K
$1.2M
Q1 25
$1.6M
$1.2M
Q4 24
$-5.0K
$1.7M
Q3 24
$40.0K
$1.9M
Q2 24
$273.0K
$1.8M
Q1 24
$0
$1.8M
Net Profit
ATAI
ATAI
CXAI
CXAI
Q4 25
$-5.6M
Q3 25
$-61.1M
$-3.2M
Q2 25
$-27.7M
$-3.1M
Q1 25
$-26.4M
$-1.6M
Q4 24
$-39.0M
$-3.5M
Q3 24
$-26.3M
$-5.4M
Q2 24
$-57.3M
$-5.3M
Q1 24
$-26.7M
$-5.2M
Gross Margin
ATAI
ATAI
CXAI
CXAI
Q4 25
86.9%
Q3 25
89.0%
Q2 25
86.0%
Q1 25
87.7%
Q4 24
86.0%
Q3 24
80.4%
Q2 24
80.0%
Q1 24
82.0%
Operating Margin
ATAI
ATAI
CXAI
CXAI
Q4 25
-576.9%
Q3 25
-3796.5%
-343.4%
Q2 25
-3515.0%
-336.1%
Q1 25
-1310.0%
-306.0%
Q4 24
605500.0%
-169.7%
Q3 24
-56505.0%
-194.3%
Q2 24
-9424.5%
-206.7%
Q1 24
-197.3%
Net Margin
ATAI
ATAI
CXAI
CXAI
Q4 25
-544.1%
Q3 25
-8154.1%
-283.4%
Q2 25
-3856.6%
-256.7%
Q1 25
-1699.7%
-132.0%
Q4 24
779160.0%
-213.6%
Q3 24
-65715.0%
-286.5%
Q2 24
-20993.4%
-297.6%
Q1 24
-284.4%
EPS (diluted)
ATAI
ATAI
CXAI
CXAI
Q4 25
Q3 25
$-0.28
Q2 25
$-0.14
Q1 25
$-0.15
Q4 24
$-0.24
Q3 24
$-0.16
Q2 24
$-0.36
Q1 24
$-0.17

Balance Sheet & Financial Strength

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

Metric
ATAI
ATAI
CXAI
CXAI
Cash + ST InvestmentsLiquidity on hand
$30.4M
$11.1M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$159.8M
$14.0M
Total Assets
$239.8M
$32.4M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATAI
ATAI
CXAI
CXAI
Q4 25
$11.1M
Q3 25
$30.4M
$5.1M
Q2 25
$61.9M
$4.9M
Q1 25
$48.3M
$3.9M
Q4 24
$17.5M
$4.9M
Q3 24
$30.0M
Q2 24
$19.3M
Q1 24
$18.9M
Total Debt
ATAI
ATAI
CXAI
CXAI
Q4 25
Q3 25
$0
Q2 25
$0
Q1 25
$9.3M
Q4 24
$14.1M
Q3 24
$20.3M
Q2 24
$15.2M
Q1 24
$15.1M
Stockholders' Equity
ATAI
ATAI
CXAI
CXAI
Q4 25
$14.0M
Q3 25
$159.8M
$15.2M
Q2 25
$143.7M
$14.3M
Q1 25
$152.1M
$15.6M
Q4 24
$116.3M
$15.6M
Q3 24
$145.7M
$13.6M
Q2 24
$167.9M
$16.3M
Q1 24
$222.5M
$20.9M
Total Assets
ATAI
ATAI
CXAI
CXAI
Q4 25
$32.4M
Q3 25
$239.8M
$28.5M
Q2 25
$189.2M
$29.6M
Q1 25
$195.8M
$29.3M
Q4 24
$159.4M
$31.8M
Q3 24
$197.5M
Q2 24
$215.8M
Q1 24
$269.1M
Debt / Equity
ATAI
ATAI
CXAI
CXAI
Q4 25
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.06×
Q4 24
0.12×
Q3 24
0.14×
Q2 24
0.09×
Q1 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
ATAI
ATAI
CXAI
CXAI
Operating Cash FlowLast quarter
$-23.3M
$-3.6M
Free Cash FlowOCF − Capex
$-23.7M
$-3.6M
FCF MarginFCF / Revenue
-3158.5%
-355.5%
Capex IntensityCapex / Revenue
52.9%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-80.3M
$-10.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATAI
ATAI
CXAI
CXAI
Q4 25
$-3.6M
Q3 25
$-23.3M
$-2.8M
Q2 25
$-14.1M
$-3.0M
Q1 25
$-17.8M
$-979.0K
Q4 24
$-24.3M
$-2.7M
Q3 24
$-19.3M
$-2.1M
Q2 24
$-16.2M
$-1.9M
Q1 24
$-22.6M
$-650.0K
Free Cash Flow
ATAI
ATAI
CXAI
CXAI
Q4 25
$-3.6M
Q3 25
$-23.7M
$-2.8M
Q2 25
$-14.2M
$-3.0M
Q1 25
$-18.1M
$-984.0K
Q4 24
$-24.3M
Q3 24
$-2.1M
Q2 24
$-1.9M
Q1 24
$-668.0K
FCF Margin
ATAI
ATAI
CXAI
CXAI
Q4 25
-355.5%
Q3 25
-3158.5%
-248.1%
Q2 25
-1977.9%
-247.2%
Q1 25
-1164.6%
-80.4%
Q4 24
486020.0%
Q3 24
-109.3%
Q2 24
-108.6%
Q1 24
-36.7%
Capex Intensity
ATAI
ATAI
CXAI
CXAI
Q4 25
0.2%
Q3 25
52.9%
0.4%
Q2 25
17.7%
0.9%
Q1 25
17.2%
0.4%
Q4 24
-120.0%
0.0%
Q3 24
0.0%
0.2%
Q2 24
0.0%
0.5%
Q1 24
1.0%

Financial Flow Comparison

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

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