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Side-by-side financial comparison of AVADEL PHARMACEUTICALS PLC (AVDL) and Viridian Therapeutics, Inc.\DE (VRDN). Click either name above to swap in a different company.

AVADEL PHARMACEUTICALS PLC is the larger business by last-quarter revenue ($77.5M vs $70.6M, roughly 1.1× Viridian Therapeutics, Inc.\DE). AVADEL PHARMACEUTICALS PLC runs the higher net margin — 0.0% vs -49.0%, a 49.1% gap on every dollar of revenue. On growth, Viridian Therapeutics, Inc.\DE posted the faster year-over-year revenue change (81958.1% vs 54.9%). AVADEL PHARMACEUTICALS PLC produced more free cash flow last quarter ($22.2M vs $-84.7M).

Avadel Pharmaceuticals, is an Irish specialty pharmaceutical company that focuses on sleep disorder medicines. Avadel markets products in the hospital and primary care spaces. The company is headquartered in Dublin, Ireland with operations in St. Louis, Missouri and Lyon, France.

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

AVDL vs VRDN — Head-to-Head

Bigger by revenue
AVDL
AVDL
1.1× larger
AVDL
$77.5M
$70.6M
VRDN
Growing faster (revenue YoY)
VRDN
VRDN
+81903.3% gap
VRDN
81958.1%
54.9%
AVDL
Higher net margin
AVDL
AVDL
49.1% more per $
AVDL
0.0%
-49.0%
VRDN
More free cash flow
AVDL
AVDL
$106.9M more FCF
AVDL
$22.2M
$-84.7M
VRDN

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
AVDL
AVDL
VRDN
VRDN
Revenue
$77.5M
$70.6M
Net Profit
$20.0K
$-34.6M
Gross Margin
Operating Margin
2.5%
-56.7%
Net Margin
0.0%
-49.0%
Revenue YoY
54.9%
81958.1%
Net Profit YoY
100.8%
54.9%
EPS (diluted)
$0.00

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
AVDL
AVDL
VRDN
VRDN
Q3 25
$77.5M
$70.6M
Q2 25
$68.1M
Q1 25
$52.5M
Q4 24
$50.4M
Q3 24
$50.0M
Q2 24
$41.5M
Q1 24
$27.2M
Q4 23
$19.5M
Net Profit
AVDL
AVDL
VRDN
VRDN
Q3 25
$20.0K
$-34.6M
Q2 25
$9.7M
Q1 25
$-4.9M
Q4 24
$-5.0M
Q3 24
$-2.6M
Q2 24
$-13.8M
Q1 24
$-27.3M
Q4 23
$-28.8M
Gross Margin
AVDL
AVDL
VRDN
VRDN
Q3 25
Q2 25
90.7%
Q1 25
89.4%
Q4 24
90.5%
Q3 24
87.7%
Q2 24
93.3%
Q1 24
94.4%
Q4 23
96.4%
Operating Margin
AVDL
AVDL
VRDN
VRDN
Q3 25
2.5%
-56.7%
Q2 25
13.0%
Q1 25
-5.7%
Q4 24
-6.5%
Q3 24
-0.7%
Q2 24
-30.7%
Q1 24
-95.8%
Q4 23
-128.0%
Net Margin
AVDL
AVDL
VRDN
VRDN
Q3 25
0.0%
-49.0%
Q2 25
14.2%
Q1 25
-9.4%
Q4 24
-10.0%
Q3 24
-5.2%
Q2 24
-33.3%
Q1 24
-100.6%
Q4 23
-148.0%
EPS (diluted)
AVDL
AVDL
VRDN
VRDN
Q3 25
$0.00
Q2 25
$0.10
Q1 25
$-0.05
Q4 24
$-0.04
Q3 24
$-0.03
Q2 24
$-0.14
Q1 24
$-0.30
Q4 23
$-0.28

Balance Sheet & Financial Strength

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

Metric
AVDL
AVDL
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$91.6M
$490.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$98.2M
$503.0M
Total Assets
$199.4M
$577.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVDL
AVDL
VRDN
VRDN
Q3 25
$91.6M
$490.9M
Q2 25
$81.5M
Q1 25
$66.5M
Q4 24
$73.8M
Q3 24
$65.8M
Q2 24
$71.4M
Q1 24
$88.8M
Q4 23
$105.1M
Stockholders' Equity
AVDL
AVDL
VRDN
VRDN
Q3 25
$98.2M
$503.0M
Q2 25
$90.7M
Q1 25
$74.1M
Q4 24
$73.8M
Q3 24
$74.7M
Q2 24
$70.3M
Q1 24
$78.4M
Q4 23
$87.7M
Total Assets
AVDL
AVDL
VRDN
VRDN
Q3 25
$199.4M
$577.1M
Q2 25
$187.2M
Q1 25
$167.9M
Q4 24
$164.2M
Q3 24
$158.3M
Q2 24
$157.5M
Q1 24
$167.9M
Q4 23
$164.7M

Cash Flow & Capital Efficiency

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

Metric
AVDL
AVDL
VRDN
VRDN
Operating Cash FlowLast quarter
$22.2M
$-84.6M
Free Cash FlowOCF − Capex
$22.2M
$-84.7M
FCF MarginFCF / Revenue
28.7%
-120.1%
Capex IntensityCapex / Revenue
0.0%
0.2%
Cash ConversionOCF / Net Profit
1110.25×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVDL
AVDL
VRDN
VRDN
Q3 25
$22.2M
$-84.6M
Q2 25
$12.7M
Q1 25
$-8.2M
Q4 24
$7.9M
Q3 24
$-6.9M
Q2 24
$-18.2M
Q1 24
$-29.7M
Q4 23
$-28.0M
Free Cash Flow
AVDL
AVDL
VRDN
VRDN
Q3 25
$22.2M
$-84.7M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
FCF Margin
AVDL
AVDL
VRDN
VRDN
Q3 25
28.7%
-120.1%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Capex Intensity
AVDL
AVDL
VRDN
VRDN
Q3 25
0.0%
0.2%
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Q4 23
Cash Conversion
AVDL
AVDL
VRDN
VRDN
Q3 25
1110.25×
Q2 25
1.31×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

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