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Side-by-side financial comparison of ANAVEX LIFE SCIENCES CORP. (AVXL) and FATE THERAPEUTICS INC (FATE). Click either name above to swap in a different company.

FATE THERAPEUTICS INC is the larger business by last-quarter revenue ($1.4M vs $1.1M, roughly 1.3× ANAVEX LIFE SCIENCES CORP.). On growth, ANAVEX LIFE SCIENCES CORP. posted the faster year-over-year revenue change (-22.6% vs -26.4%). Over the past eight quarters, FATE THERAPEUTICS INC's revenue compounded faster (-15.7% CAGR vs -21.6%).

Anavex Life Sciences Corp is a clinical-stage biopharmaceutical firm focused on developing novel small molecule therapeutics for neurodegenerative and neurodevelopmental disorders such as Alzheimer’s disease, Rett syndrome and Parkinson’s disease. It operates mainly across North America and European markets, targeting patients with high unmet medical needs.

Insys Therapeutics was an American specialty pharmaceutical company based in Chandler, Arizona in 1990. Its main product was Subsys, a sublingual liquid form of the drug fentanyl. Fentanyl is an extremely fast-acting and powerful opioid used to relieve breakthrough pain in cancer patients, and prescription of fentanyl in the US for such pain usually requires documented failure of more conservative therapies.

AVXL vs FATE — Head-to-Head

Bigger by revenue
FATE
FATE
1.3× larger
FATE
$1.4M
$1.1M
AVXL
Growing faster (revenue YoY)
AVXL
AVXL
+3.8% gap
AVXL
-22.6%
-26.4%
FATE
Faster 2-yr revenue CAGR
FATE
FATE
Annualised
FATE
-15.7%
-21.6%
AVXL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AVXL
AVXL
FATE
FATE
Revenue
$1.1M
$1.4M
Net Profit
$-5.7M
Gross Margin
Operating Margin
-628.5%
Net Margin
-526.5%
Revenue YoY
-22.6%
-26.4%
Net Profit YoY
53.1%
37.9%
EPS (diluted)
$-0.06

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
AVXL
AVXL
FATE
FATE
Q4 25
$1.1M
$1.4M
Q3 25
$999.0K
$1.7M
Q2 25
$1.1M
$1.9M
Q1 25
$1.2M
$1.6M
Q4 24
$1.4M
$1.9M
Q3 24
$1.8M
$3.1M
Q2 24
$1.8M
$6.8M
Q1 24
$1.8M
$1.9M
Net Profit
AVXL
AVXL
FATE
FATE
Q4 25
$-5.7M
Q3 25
$-9.8M
$-32.3M
Q2 25
$-13.2M
$-34.1M
Q1 25
$-11.2M
$-37.6M
Q4 24
$-12.1M
Q3 24
$-11.6M
$-47.7M
Q2 24
$-12.2M
$-38.4M
Q1 24
$-10.5M
$-48.0M
Operating Margin
AVXL
AVXL
FATE
FATE
Q4 25
-628.5%
Q3 25
-1085.5%
-1995.1%
Q2 25
-1345.0%
-1938.5%
Q1 25
-1034.1%
-2534.1%
Q4 24
-975.0%
Q3 24
-810.9%
-1703.9%
Q2 24
-813.1%
-665.7%
Q1 24
-718.9%
-2652.9%
Net Margin
AVXL
AVXL
FATE
FATE
Q4 25
-526.5%
Q3 25
-983.7%
-1852.4%
Q2 25
-1231.9%
-1786.6%
Q1 25
-925.3%
-2309.5%
Q4 24
-868.8%
Q3 24
-660.2%
-1551.0%
Q2 24
-680.1%
-567.4%
Q1 24
-600.6%
-2493.7%
EPS (diluted)
AVXL
AVXL
FATE
FATE
Q4 25
$-0.06
Q3 25
$-0.11
$-0.27
Q2 25
$-0.16
$-0.29
Q1 25
$-0.13
$-0.32
Q4 24
$-0.14
Q3 24
$-0.14
$-0.40
Q2 24
$-0.14
$-0.33
Q1 24
$-0.13
$-0.47

Balance Sheet & Financial Strength

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

Metric
AVXL
AVXL
FATE
FATE
Cash + ST InvestmentsLiquidity on hand
$131.7M
$203.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$126.6M
$207.2M
Total Assets
$133.0M
$318.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVXL
AVXL
FATE
FATE
Q4 25
$131.7M
$203.7M
Q3 25
$102.6M
$215.4M
Q2 25
$101.2M
$222.8M
Q1 25
$115.8M
$240.4M
Q4 24
$120.8M
$279.1M
Q3 24
$132.2M
$296.9M
Q2 24
$138.8M
$304.9M
Q1 24
$139.4M
$121.3M
Stockholders' Equity
AVXL
AVXL
FATE
FATE
Q4 25
$126.6M
$207.2M
Q3 25
$94.9M
$234.1M
Q2 25
$91.0M
$261.4M
Q1 25
$99.8M
$288.4M
Q4 24
$110.9M
$318.7M
Q3 24
$120.3M
$362.3M
Q2 24
$129.8M
$397.0M
Q1 24
$135.0M
$426.1M
Total Assets
AVXL
AVXL
FATE
FATE
Q4 25
$133.0M
$318.9M
Q3 25
$103.8M
$343.7M
Q2 25
$102.4M
$371.6M
Q1 25
$117.1M
$398.7M
Q4 24
$124.0M
$440.7M
Q3 24
$135.6M
$495.0M
Q2 24
$141.5M
$528.8M
Q1 24
$144.5M
$569.9M

Cash Flow & Capital Efficiency

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

Metric
AVXL
AVXL
FATE
FATE
Operating Cash FlowLast quarter
$-7.2M
$-106.1M
Free Cash FlowOCF − Capex
$-112.0M
FCF MarginFCF / Revenue
-8183.9%
Capex IntensityCapex / Revenue
434.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-199.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVXL
AVXL
FATE
FATE
Q4 25
$-7.2M
$-106.1M
Q3 25
$-8.6M
$-24.4M
Q2 25
$-12.5M
$-24.6M
Q1 25
$-5.9M
$-33.8M
Q4 24
$-12.1M
$-122.9M
Q3 24
$-6.7M
$-29.4M
Q2 24
$-5.2M
$-32.3M
Q1 24
$-11.7M
$-33.4M
Free Cash Flow
AVXL
AVXL
FATE
FATE
Q4 25
$-112.0M
Q3 25
$-26.6M
Q2 25
$-25.9M
Q1 25
$-35.0M
Q4 24
$-123.6M
Q3 24
$-29.9M
Q2 24
$-32.4M
Q1 24
$-33.4M
FCF Margin
AVXL
AVXL
FATE
FATE
Q4 25
-8183.9%
Q3 25
-1526.5%
Q2 25
-1360.7%
Q1 25
-2148.9%
Q4 24
-6645.4%
Q3 24
-973.1%
Q2 24
-477.8%
Q1 24
-1736.9%
Capex Intensity
AVXL
AVXL
FATE
FATE
Q4 25
434.8%
Q3 25
126.5%
Q2 25
71.4%
Q1 25
73.4%
Q4 24
39.2%
Q3 24
16.1%
Q2 24
0.8%
Q1 24
4.5%

Financial Flow Comparison

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

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