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

Aurinia Pharmaceuticals Inc. is the larger business by last-quarter revenue ($77.1M vs $69.8M, roughly 1.1× RIGEL PHARMACEUTICALS INC). RIGEL PHARMACEUTICALS INC runs the higher net margin — 384.0% vs 273.4%, a 110.7% gap on every dollar of revenue. On growth, Aurinia Pharmaceuticals Inc. posted the faster year-over-year revenue change (28.8% vs 21.2%). Over the past eight quarters, RIGEL PHARMACEUTICALS INC's revenue compounded faster (53.7% 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.

Rigel Pharmaceuticals Inc is a clinical-stage biotechnology company focused on developing and commercializing targeted small molecule therapies for autoimmune, inflammatory, and hematologic diseases. Its approved flagship product treats adult immune thrombocytopenia, with primary operations and core markets in the United States, addressing unmet medical needs for underserved patient groups.

AUPH vs RIGL — Head-to-Head

Bigger by revenue
AUPH
AUPH
1.1× larger
AUPH
$77.1M
$69.8M
RIGL
Growing faster (revenue YoY)
AUPH
AUPH
+7.6% gap
AUPH
28.8%
21.2%
RIGL
Higher net margin
RIGL
RIGL
110.7% more per $
RIGL
384.0%
273.4%
AUPH
Faster 2-yr revenue CAGR
RIGL
RIGL
Annualised
RIGL
53.7%
23.8%
AUPH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AUPH
AUPH
RIGL
RIGL
Revenue
$77.1M
$69.8M
Net Profit
$210.8M
$268.1M
Gross Margin
88.6%
91.5%
Operating Margin
43.1%
33.2%
Net Margin
273.4%
384.0%
Revenue YoY
28.8%
21.2%
Net Profit YoY
14651.2%
1769.2%
EPS (diluted)
$1.52
$14.11

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
AUPH
AUPH
RIGL
RIGL
Q4 25
$77.1M
$69.8M
Q3 25
$73.5M
$69.5M
Q2 25
$70.0M
$101.7M
Q1 25
$62.5M
$53.3M
Q4 24
$59.9M
$57.6M
Q3 24
$67.8M
$55.3M
Q2 24
$57.2M
$36.8M
Q1 24
$50.3M
$29.5M
Net Profit
AUPH
AUPH
RIGL
RIGL
Q4 25
$210.8M
$268.1M
Q3 25
$31.6M
$27.9M
Q2 25
$21.5M
$59.6M
Q1 25
$23.3M
$11.4M
Q4 24
$1.4M
$14.3M
Q3 24
$14.3M
$12.4M
Q2 24
$722.0K
$-1.0M
Q1 24
$-10.7M
$-8.2M
Gross Margin
AUPH
AUPH
RIGL
RIGL
Q4 25
88.6%
91.5%
Q3 25
88.9%
93.2%
Q2 25
89.8%
95.6%
Q1 25
86.3%
91.7%
Q4 24
90.7%
89.9%
Q3 24
91.1%
85.5%
Q2 24
84.4%
92.4%
Q1 24
84.6%
93.1%
Operating Margin
AUPH
AUPH
RIGL
RIGL
Q4 25
43.1%
33.2%
Q3 25
40.5%
40.9%
Q2 25
28.7%
60.1%
Q1 25
35.0%
23.9%
Q4 24
-2.8%
28.9%
Q3 24
17.3%
25.4%
Q2 24
-2.6%
1.2%
Q1 24
-26.3%
-23.6%
Net Margin
AUPH
AUPH
RIGL
RIGL
Q4 25
273.4%
384.0%
Q3 25
42.9%
40.2%
Q2 25
30.7%
58.6%
Q1 25
37.4%
21.5%
Q4 24
2.4%
24.9%
Q3 24
21.2%
22.5%
Q2 24
1.3%
-2.8%
Q1 24
-21.4%
-27.9%
EPS (diluted)
AUPH
AUPH
RIGL
RIGL
Q4 25
$1.52
$14.11
Q3 25
$0.23
$1.46
Q2 25
$0.16
$3.28
Q1 25
$0.16
$0.63
Q4 24
$0.00
$0.82
Q3 24
$0.10
$0.70
Q2 24
$0.01
$-0.06
Q1 24
$-0.07
$-0.47

Balance Sheet & Financial Strength

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

Metric
AUPH
AUPH
RIGL
RIGL
Cash + ST InvestmentsLiquidity on hand
$80.2M
$155.0M
Total DebtLower is stronger
$52.5M
Stockholders' EquityBook value
$581.3M
$391.5M
Total Assets
$751.6M
$513.6M
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AUPH
AUPH
RIGL
RIGL
Q4 25
$80.2M
$155.0M
Q3 25
$72.9M
$137.1M
Q2 25
$52.9M
$108.4M
Q1 25
$66.1M
$77.1M
Q4 24
$83.4M
$77.3M
Q3 24
$36.6M
$61.1M
Q2 24
$33.3M
$49.1M
Q1 24
$63.9M
$49.5M
Total Debt
AUPH
AUPH
RIGL
RIGL
Q4 25
$52.5M
Q3 25
$60.0M
Q2 25
$60.0M
Q1 25
$60.0M
Q4 24
$60.0M
Q3 24
$60.0M
Q2 24
$60.0M
Q1 24
$60.0M
Stockholders' Equity
AUPH
AUPH
RIGL
RIGL
Q4 25
$581.3M
$391.5M
Q3 25
$365.8M
$117.6M
Q2 25
$335.3M
$81.9M
Q1 25
$350.2M
$18.6M
Q4 24
$377.5M
$3.3M
Q3 24
$388.0M
$-14.6M
Q2 24
$364.6M
$-29.9M
Q1 24
$359.5M
$-31.7M
Total Assets
AUPH
AUPH
RIGL
RIGL
Q4 25
$751.6M
$513.6M
Q3 25
$527.5M
$242.5M
Q2 25
$502.6M
$206.7M
Q1 25
$504.9M
$176.0M
Q4 24
$550.6M
$164.0M
Q3 24
$549.4M
$139.4M
Q2 24
$523.5M
$128.4M
Q1 24
$516.6M
$126.5M
Debt / Equity
AUPH
AUPH
RIGL
RIGL
Q4 25
0.13×
Q3 25
0.51×
Q2 25
0.73×
Q1 25
3.23×
Q4 24
18.25×
Q3 24
Q2 24
Q1 24

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
RIGL
RIGL
Operating Cash FlowLast quarter
$45.7M
$22.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.22×
0.08×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AUPH
AUPH
RIGL
RIGL
Q4 25
$45.7M
$22.0M
Q3 25
$44.4M
$24.0M
Q2 25
$44.2M
$30.5M
Q1 25
$1.3M
$-893.0K
Q4 24
$30.1M
$14.5M
Q3 24
$17.0M
$21.7M
Q2 24
$15.8M
$302.0K
Q1 24
$-18.6M
$-5.0M
Cash Conversion
AUPH
AUPH
RIGL
RIGL
Q4 25
0.22×
0.08×
Q3 25
1.41×
0.86×
Q2 25
2.06×
0.51×
Q1 25
0.06×
-0.08×
Q4 24
21.07×
1.01×
Q3 24
1.19×
1.75×
Q2 24
21.94×
Q1 24

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%

RIGL
RIGL

Segment breakdown not available.

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