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Side-by-side financial comparison of Aurinia Pharmaceuticals Inc. (AUPH) and IMAX CORP (IMAX). Click either name above to swap in a different company.

IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $77.1M, roughly 1.6× Aurinia Pharmaceuticals Inc.). Aurinia Pharmaceuticals Inc. runs the higher net margin — 273.4% vs 0.5%, a 272.8% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 28.8%). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 23.8%).

Aurinia Pharmaceuticals Inc. is a late-stage biopharmaceutical company focused on developing and commercializing targeted therapies for autoimmune and kidney diseases. Its lead approved product is Lupkynis for adult active lupus nephritis treatment, with core operations in North America and European markets, focusing on nephrology and rare immunology therapeutic segments.

IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.

AUPH vs IMAX — Head-to-Head

Bigger by revenue
IMAX
IMAX
1.6× larger
IMAX
$125.2M
$77.1M
AUPH
Growing faster (revenue YoY)
IMAX
IMAX
+6.3% gap
IMAX
35.1%
28.8%
AUPH
Higher net margin
AUPH
AUPH
272.8% more per $
AUPH
273.4%
0.5%
IMAX
Faster 2-yr revenue CAGR
IMAX
IMAX
Annualised
IMAX
25.8%
23.8%
AUPH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AUPH
AUPH
IMAX
IMAX
Revenue
$77.1M
$125.2M
Net Profit
$210.8M
$637.0K
Gross Margin
88.6%
57.6%
Operating Margin
43.1%
19.3%
Net Margin
273.4%
0.5%
Revenue YoY
28.8%
35.1%
Net Profit YoY
14651.2%
-88.0%
EPS (diluted)
$1.52
$0.02

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
AUPH
AUPH
IMAX
IMAX
Q4 25
$77.1M
$125.2M
Q3 25
$73.5M
$106.7M
Q2 25
$70.0M
$91.7M
Q1 25
$62.5M
$86.7M
Q4 24
$59.9M
$92.7M
Q3 24
$67.8M
$91.5M
Q2 24
$57.2M
$89.0M
Q1 24
$50.3M
$79.1M
Net Profit
AUPH
AUPH
IMAX
IMAX
Q4 25
$210.8M
$637.0K
Q3 25
$31.6M
$20.7M
Q2 25
$21.5M
$11.3M
Q1 25
$23.3M
$2.3M
Q4 24
$1.4M
$5.3M
Q3 24
$14.3M
$13.9M
Q2 24
$722.0K
$3.6M
Q1 24
$-10.7M
$3.3M
Gross Margin
AUPH
AUPH
IMAX
IMAX
Q4 25
88.6%
57.6%
Q3 25
88.9%
63.1%
Q2 25
89.8%
58.5%
Q1 25
86.3%
61.4%
Q4 24
90.7%
52.2%
Q3 24
91.1%
55.8%
Q2 24
84.4%
49.4%
Q1 24
84.6%
59.3%
Operating Margin
AUPH
AUPH
IMAX
IMAX
Q4 25
43.1%
19.3%
Q3 25
40.5%
27.2%
Q2 25
28.7%
15.6%
Q1 25
35.0%
19.3%
Q4 24
-2.8%
10.3%
Q3 24
17.3%
21.2%
Q2 24
-2.6%
3.2%
Q1 24
-26.3%
15.3%
Net Margin
AUPH
AUPH
IMAX
IMAX
Q4 25
273.4%
0.5%
Q3 25
42.9%
19.4%
Q2 25
30.7%
12.3%
Q1 25
37.4%
2.7%
Q4 24
2.4%
5.7%
Q3 24
21.2%
15.2%
Q2 24
1.3%
4.0%
Q1 24
-21.4%
4.1%
EPS (diluted)
AUPH
AUPH
IMAX
IMAX
Q4 25
$1.52
$0.02
Q3 25
$0.23
$0.37
Q2 25
$0.16
$0.20
Q1 25
$0.16
$0.04
Q4 24
$0.00
$0.09
Q3 24
$0.10
$0.26
Q2 24
$0.01
$0.07
Q1 24
$-0.07
$0.06

Balance Sheet & Financial Strength

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

Metric
AUPH
AUPH
IMAX
IMAX
Cash + ST InvestmentsLiquidity on hand
$80.2M
$151.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$581.3M
$337.9M
Total Assets
$751.6M
$894.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AUPH
AUPH
IMAX
IMAX
Q4 25
$80.2M
$151.2M
Q3 25
$72.9M
$143.1M
Q2 25
$52.9M
$109.3M
Q1 25
$66.1M
$97.1M
Q4 24
$83.4M
$100.6M
Q3 24
$36.6M
$104.5M
Q2 24
$33.3M
$91.6M
Q1 24
$63.9M
$81.0M
Stockholders' Equity
AUPH
AUPH
IMAX
IMAX
Q4 25
$581.3M
$337.9M
Q3 25
$365.8M
$349.5M
Q2 25
$335.3M
$320.4M
Q1 25
$350.2M
$299.5M
Q4 24
$377.5M
$299.5M
Q3 24
$388.0M
$289.4M
Q2 24
$364.6M
$267.2M
Q1 24
$359.5M
$258.8M
Total Assets
AUPH
AUPH
IMAX
IMAX
Q4 25
$751.6M
$894.0M
Q3 25
$527.5M
$889.6M
Q2 25
$502.6M
$868.6M
Q1 25
$504.9M
$848.3M
Q4 24
$550.6M
$830.4M
Q3 24
$549.4M
$847.6M
Q2 24
$523.5M
$827.4M
Q1 24
$516.6M
$824.1M

Cash Flow & Capital Efficiency

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

Metric
AUPH
AUPH
IMAX
IMAX
Operating Cash FlowLast quarter
$45.7M
$29.4M
Free Cash FlowOCF − Capex
$28.0M
FCF MarginFCF / Revenue
22.3%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
0.22×
46.11×
TTM Free Cash FlowTrailing 4 quarters
$118.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AUPH
AUPH
IMAX
IMAX
Q4 25
$45.7M
$29.4M
Q3 25
$44.4M
$67.5M
Q2 25
$44.2M
$23.2M
Q1 25
$1.3M
$7.0M
Q4 24
$30.1M
$11.5M
Q3 24
$17.0M
$35.3M
Q2 24
$15.8M
$35.0M
Q1 24
$-18.6M
$-11.0M
Free Cash Flow
AUPH
AUPH
IMAX
IMAX
Q4 25
$28.0M
Q3 25
$64.8M
Q2 25
$20.9M
Q1 25
$5.3M
Q4 24
$6.9M
Q3 24
$34.2M
Q2 24
$33.5M
Q1 24
$-12.1M
FCF Margin
AUPH
AUPH
IMAX
IMAX
Q4 25
22.3%
Q3 25
60.7%
Q2 25
22.8%
Q1 25
6.1%
Q4 24
7.4%
Q3 24
37.3%
Q2 24
37.6%
Q1 24
-15.3%
Capex Intensity
AUPH
AUPH
IMAX
IMAX
Q4 25
1.1%
Q3 25
2.6%
Q2 25
2.6%
Q1 25
1.9%
Q4 24
5.0%
Q3 24
1.2%
Q2 24
1.8%
Q1 24
1.4%
Cash Conversion
AUPH
AUPH
IMAX
IMAX
Q4 25
0.22×
46.11×
Q3 25
1.41×
3.27×
Q2 25
2.06×
2.06×
Q1 25
0.06×
2.99×
Q4 24
21.07×
2.16×
Q3 24
1.19×
2.54×
Q2 24
21.94×
9.78×
Q1 24
-3.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AUPH
AUPH

Products$74.2M96%
License Collaboration And Royalty Revenue$2.9M4%

IMAX
IMAX

Technology Sales$46.6M37%
Image Enhancement And Maintenance Services$38.1M30%
Joint Revenue Sharing Arrangement$20.4M16%
Maintenance$16.3M13%
Finance Income$2.8M2%
Other Content Solutions$1.6M1%

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