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Side-by-side financial comparison of Avidia Bancorp, Inc. (AVBC) and NEKTAR THERAPEUTICS (NKTR). Click either name above to swap in a different company.

Avidia Bancorp, Inc. is the larger business by last-quarter revenue ($26.8M vs $21.8M, roughly 1.2× NEKTAR THERAPEUTICS). Avidia Bancorp, Inc. runs the higher net margin — 22.9% vs -165.4%, a 188.4% gap on every dollar of revenue. Avidia Bancorp, Inc. produced more free cash flow last quarter ($24.1M vs $-65.0M).

Avidia Bank is an American mutual community bank headquartered in Hudson, Massachusetts. It was founded in 2007 when it was formed by a merger between Hudson Savings Bank and Westborough Bank.

Nektar Therapeutics is an American biopharmaceutical company. The company was founded in 1990 and is based in San Francisco, California. The company develops new drug candidates by applying its proprietary PEGylation and advanced polymer conjugate technologies to modify chemical structure of substances, which improves drug characteristics like retention and solubility. It is a technology supplier to a number of pharmaceutical companies including Affymax, Amgen, Merck, Pfizer and UCB Pharma, e...

AVBC vs NKTR — Head-to-Head

Bigger by revenue
AVBC
AVBC
1.2× larger
AVBC
$26.8M
$21.8M
NKTR
Higher net margin
AVBC
AVBC
188.4% more per $
AVBC
22.9%
-165.4%
NKTR
More free cash flow
AVBC
AVBC
$89.1M more FCF
AVBC
$24.1M
$-65.0M
NKTR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVBC
AVBC
NKTR
NKTR
Revenue
$26.8M
$21.8M
Net Profit
$5.3M
$-36.1M
Gross Margin
Operating Margin
33.3%
-126.9%
Net Margin
22.9%
-165.4%
Revenue YoY
-25.3%
Net Profit YoY
-596.9%
EPS (diluted)
$-4.67

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
AVBC
AVBC
NKTR
NKTR
Q4 25
$26.8M
$21.8M
Q3 25
$28.0M
$11.8M
Q2 25
$25.9M
$11.2M
Q1 25
$22.9M
$10.5M
Q4 24
$29.2M
Q3 24
$24.1M
Q2 24
$23.5M
Q1 24
$21.6M
Net Profit
AVBC
AVBC
NKTR
NKTR
Q4 25
$5.3M
$-36.1M
Q3 25
$-907.0K
$-35.5M
Q2 25
$3.9M
$-41.6M
Q1 25
$-11.6M
$-50.9M
Q4 24
$7.3M
Q3 24
$-37.1M
Q2 24
$-52.4M
Q1 24
$-36.8M
Gross Margin
AVBC
AVBC
NKTR
NKTR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
72.7%
Q3 24
81.6%
Q2 24
58.5%
Q1 24
60.6%
Operating Margin
AVBC
AVBC
NKTR
NKTR
Q4 25
33.3%
-126.9%
Q3 25
-7.0%
-268.6%
Q2 25
19.4%
-324.2%
Q1 25
-72.0%
-425.8%
Q4 24
49.2%
Q3 24
-142.4%
Q2 24
-211.9%
Q1 24
-163.7%
Net Margin
AVBC
AVBC
NKTR
NKTR
Q4 25
22.9%
-165.4%
Q3 25
-3.2%
-301.3%
Q2 25
15.0%
-372.2%
Q1 25
-50.5%
-486.4%
Q4 24
24.9%
Q3 24
-153.6%
Q2 24
-222.9%
Q1 24
-170.1%
EPS (diluted)
AVBC
AVBC
NKTR
NKTR
Q4 25
$-4.67
Q3 25
$-0.05
$-1.87
Q2 25
$-2.95
Q1 25
$-0.24
Q4 24
$-2.07
Q3 24
$-2.66
Q2 24
$-3.76
Q1 24
$-0.19

Balance Sheet & Financial Strength

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

Metric
AVBC
AVBC
NKTR
NKTR
Cash + ST InvestmentsLiquidity on hand
$275.0M
$15.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$379.0M
$89.8M
Total Assets
$2.8B
$280.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVBC
AVBC
NKTR
NKTR
Q4 25
$275.0M
$15.1M
Q3 25
$208.3M
$41.0M
Q2 25
$592.5M
$43.0M
Q1 25
$38.9M
Q4 24
$44.3M
Q3 24
$30.1M
Q2 24
$27.9M
Q1 24
$48.6M
Stockholders' Equity
AVBC
AVBC
NKTR
NKTR
Q4 25
$379.0M
$89.8M
Q3 25
$372.0M
$85.1M
Q2 25
$191.4M
$-24.2M
Q1 25
$186.1M
$13.7M
Q4 24
$60.7M
Q3 24
$48.9M
Q2 24
$79.7M
Q1 24
$126.7M
Total Assets
AVBC
AVBC
NKTR
NKTR
Q4 25
$2.8B
$280.4M
Q3 25
$2.8B
$301.3M
Q2 25
$3.0B
$207.5M
Q1 25
$2.7B
$256.2M
Q4 24
$303.9M
Q3 24
$308.0M
Q2 24
$343.3M
Q1 24
$396.0M

Cash Flow & Capital Efficiency

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

Metric
AVBC
AVBC
NKTR
NKTR
Operating Cash FlowLast quarter
$28.4M
$-65.0M
Free Cash FlowOCF − Capex
$24.1M
$-65.0M
FCF MarginFCF / Revenue
89.9%
-298.0%
Capex IntensityCapex / Revenue
16.0%
0.1%
Cash ConversionOCF / Net Profit
5.32×
TTM Free Cash FlowTrailing 4 quarters
$40.2M
$-208.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVBC
AVBC
NKTR
NKTR
Q4 25
$28.4M
$-65.0M
Q3 25
$24.1M
$-48.8M
Q2 25
$-2.3M
$-45.7M
Q1 25
$-2.2M
$-49.1M
Q4 24
$-46.2M
Q3 24
$-43.9M
Q2 24
$-37.7M
Q1 24
$-47.9M
Free Cash Flow
AVBC
AVBC
NKTR
NKTR
Q4 25
$24.1M
$-65.0M
Q3 25
$23.3M
$-48.9M
Q2 25
$-3.3M
$-45.8M
Q1 25
$-3.9M
$-49.1M
Q4 24
$-46.6M
Q3 24
$-44.6M
Q2 24
$-37.9M
Q1 24
$-48.0M
FCF Margin
AVBC
AVBC
NKTR
NKTR
Q4 25
89.9%
-298.0%
Q3 25
83.2%
-414.5%
Q2 25
-12.8%
-409.6%
Q1 25
-16.9%
-469.0%
Q4 24
-159.9%
Q3 24
-184.9%
Q2 24
-161.3%
Q1 24
-222.0%
Capex Intensity
AVBC
AVBC
NKTR
NKTR
Q4 25
16.0%
0.1%
Q3 25
3.1%
1.0%
Q2 25
3.7%
0.3%
Q1 25
7.2%
0.0%
Q4 24
1.6%
Q3 24
2.8%
Q2 24
0.8%
Q1 24
0.7%
Cash Conversion
AVBC
AVBC
NKTR
NKTR
Q4 25
5.32×
Q3 25
Q2 25
-0.60×
Q1 25
Q4 24
-6.36×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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