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

Qudian Inc. is the larger business by last-quarter revenue ($1.1M vs $749.0K, roughly 1.4× Atai Beckley N.V.). Qudian Inc. runs the higher net margin — 239.8% vs -8154.1%, a 8393.8% gap on every dollar of revenue.

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.

Qudian Inc. is a China-based fintech service provider that mainly offers small consumer credit solutions, risk management technical services, and related digital financial products. Its core target users are young mass consumers across China, with all key business operations focused on the domestic Chinese market.

ATAI vs HTT — Head-to-Head

Bigger by revenue
HTT
HTT
1.4× larger
HTT
$1.1M
$749.0K
ATAI
Higher net margin
HTT
HTT
8393.8% more per $
HTT
239.8%
-8154.1%
ATAI

Income Statement — Q3 FY2025 vs Q3 FY2024

Metric
ATAI
ATAI
HTT
HTT
Revenue
$749.0K
$1.1M
Net Profit
$-61.1M
$2.6M
Gross Margin
11.1%
Operating Margin
-3796.5%
-121.7%
Net Margin
-8154.1%
239.8%
Revenue YoY
1772.5%
Net Profit YoY
-132.3%
EPS (diluted)
$-0.28
$0.01

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
HTT
HTT
Q3 25
$749.0K
Q2 25
$719.0K
Q1 25
$1.6M
Q4 24
$-5.0K
Q3 24
$40.0K
$1.1M
Q2 24
$273.0K
$1.0M
Q1 24
$0
$1.1M
Q4 23
$18.0K
Net Profit
ATAI
ATAI
HTT
HTT
Q3 25
$-61.1M
Q2 25
$-27.7M
Q1 25
$-26.4M
Q4 24
$-39.0M
Q3 24
$-26.3M
$2.6M
Q2 24
$-57.3M
$1.9M
Q1 24
$-26.7M
$-1.4M
Q4 23
Gross Margin
ATAI
ATAI
HTT
HTT
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
11.1%
Q2 24
13.3%
Q1 24
Q4 23
Operating Margin
ATAI
ATAI
HTT
HTT
Q3 25
-3796.5%
Q2 25
-3515.0%
Q1 25
-1310.0%
Q4 24
605500.0%
Q3 24
-56505.0%
-121.7%
Q2 24
-9424.5%
-107.6%
Q1 24
-129.9%
Q4 23
Net Margin
ATAI
ATAI
HTT
HTT
Q3 25
-8154.1%
Q2 25
-3856.6%
Q1 25
-1699.7%
Q4 24
779160.0%
Q3 24
-65715.0%
239.8%
Q2 24
-20993.4%
187.1%
Q1 24
-131.8%
Q4 23
EPS (diluted)
ATAI
ATAI
HTT
HTT
Q3 25
$-0.28
Q2 25
$-0.14
Q1 25
$-0.15
Q4 24
$-0.24
Q3 24
$-0.16
$0.01
Q2 24
$-0.36
$0.01
Q1 24
$-0.17
$-0.01
Q4 23

Balance Sheet & Financial Strength

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

Metric
ATAI
ATAI
HTT
HTT
Cash + ST InvestmentsLiquidity on hand
$30.4M
$104.9M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$159.8M
$225.2M
Total Assets
$239.8M
$246.8M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATAI
ATAI
HTT
HTT
Q3 25
$30.4M
Q2 25
$61.9M
Q1 25
$48.3M
Q4 24
$17.5M
Q3 24
$30.0M
$104.9M
Q2 24
$19.3M
$112.8M
Q1 24
$18.9M
$140.6M
Q4 23
$45.0M
Total Debt
ATAI
ATAI
HTT
HTT
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
Q4 23
$15.0M
Stockholders' Equity
ATAI
ATAI
HTT
HTT
Q3 25
$159.8M
Q2 25
$143.7M
Q1 25
$152.1M
Q4 24
$116.3M
Q3 24
$145.7M
$225.2M
Q2 24
$167.9M
$217.5M
Q1 24
$222.5M
$218.9M
Q4 23
$243.0M
Total Assets
ATAI
ATAI
HTT
HTT
Q3 25
$239.8M
Q2 25
$189.2M
Q1 25
$195.8M
Q4 24
$159.4M
Q3 24
$197.5M
$246.8M
Q2 24
$215.8M
$227.9M
Q1 24
$269.1M
$234.9M
Q4 23
$293.5M
Debt / Equity
ATAI
ATAI
HTT
HTT
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×
Q4 23
0.06×

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
HTT
HTT
Operating Cash FlowLast quarter
$-23.3M
Free Cash FlowOCF − Capex
$-23.7M
FCF MarginFCF / Revenue
-3158.5%
Capex IntensityCapex / Revenue
52.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-80.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATAI
ATAI
HTT
HTT
Q3 25
$-23.3M
Q2 25
$-14.1M
Q1 25
$-17.8M
Q4 24
$-24.3M
Q3 24
$-19.3M
Q2 24
$-16.2M
Q1 24
$-22.6M
Q4 23
$-84.1M
Free Cash Flow
ATAI
ATAI
HTT
HTT
Q3 25
$-23.7M
Q2 25
$-14.2M
Q1 25
$-18.1M
Q4 24
$-24.3M
Q3 24
Q2 24
Q1 24
Q4 23
$-84.4M
FCF Margin
ATAI
ATAI
HTT
HTT
Q3 25
-3158.5%
Q2 25
-1977.9%
Q1 25
-1164.6%
Q4 24
486020.0%
Q3 24
Q2 24
Q1 24
Q4 23
-468761.1%
Capex Intensity
ATAI
ATAI
HTT
HTT
Q3 25
52.9%
Q2 25
17.7%
Q1 25
17.2%
Q4 24
-120.0%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
Q4 23
1438.9%

Financial Flow Comparison

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

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