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Side-by-side financial comparison of AMREP CORP. (AXR) and SWK Holdings Corp (SWKH). Click either name above to swap in a different company.

AMREP CORP. is the larger business by last-quarter revenue ($14.6M vs $8.7M, roughly 1.7× SWK Holdings Corp). On growth, AMREP CORP. posted the faster year-over-year revenue change (93.8% vs -29.7%). SWK Holdings Corp produced more free cash flow last quarter ($26.8M vs $5.4M). Over the past eight quarters, SWK Holdings Corp's revenue compounded faster (-12.5% CAGR vs -13.6%).

AMREP Corporation is a real estate and media services company based in Princeton, New Jersey, in the United States. It was founded in 1961 as The American Realty and Petroleum Corporation.

SWK Holdings Corp is a specialty finance firm focused on the healthcare and life sciences sectors. It provides tailored financing solutions including royalty monetization, structured debt, and asset-backed lending to biotech, pharmaceutical, medical device and diagnostic companies, with its core market centered in North America.

AXR vs SWKH — Head-to-Head

Bigger by revenue
AXR
AXR
1.7× larger
AXR
$14.6M
$8.7M
SWKH
Growing faster (revenue YoY)
AXR
AXR
+123.5% gap
AXR
93.8%
-29.7%
SWKH
More free cash flow
SWKH
SWKH
$21.4M more FCF
SWKH
$26.8M
$5.4M
AXR
Faster 2-yr revenue CAGR
SWKH
SWKH
Annualised
SWKH
-12.5%
-13.6%
AXR

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
AXR
AXR
SWKH
SWKH
Revenue
$14.6M
$8.7M
Net Profit
$3.1M
$-19.4M
Gross Margin
Operating Margin
20.6%
9.9%
Net Margin
21.6%
Revenue YoY
93.8%
-29.7%
Net Profit YoY
338.9%
-430.2%
EPS (diluted)
$0.58
$-1.59

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
AXR
AXR
SWKH
SWKH
Q1 26
$14.6M
Q4 25
$9.4M
$8.7M
Q3 25
$17.9M
$10.9M
Q2 25
$11.2M
$10.1M
Q1 25
$7.5M
$11.8M
Q4 24
$11.9M
$12.4M
Q3 24
$19.1M
$10.4M
Q2 24
$19.5M
$10.8M
Net Profit
AXR
AXR
SWKH
SWKH
Q1 26
$3.1M
Q4 25
$1.2M
$-19.4M
Q3 25
$4.7M
$8.8M
Q2 25
$3.9M
$3.5M
Q1 25
$717.0K
$4.5M
Q4 24
$4.0M
$5.9M
Q3 24
$4.1M
$3.5M
Q2 24
$4.1M
$3.7M
Operating Margin
AXR
AXR
SWKH
SWKH
Q1 26
20.6%
Q4 25
11.9%
9.9%
Q3 25
34.4%
61.3%
Q2 25
31.7%
46.1%
Q1 25
5.7%
68.6%
Q4 24
26.4%
44.7%
Q3 24
26.1%
39.2%
Q2 24
23.9%
8.3%
Net Margin
AXR
AXR
SWKH
SWKH
Q1 26
21.6%
Q4 25
12.8%
Q3 25
26.3%
80.7%
Q2 25
34.8%
35.2%
Q1 25
9.5%
38.4%
Q4 24
33.9%
47.5%
Q3 24
21.3%
33.3%
Q2 24
21.2%
33.9%
EPS (diluted)
AXR
AXR
SWKH
SWKH
Q1 26
$0.58
Q4 25
$0.22
$-1.59
Q3 25
$0.87
$0.72
Q2 25
$0.73
$0.29
Q1 25
$0.13
$0.37
Q4 24
$0.75
$0.47
Q3 24
$0.76
$0.28
Q2 24
$0.77
$0.30

Balance Sheet & Financial Strength

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

Metric
AXR
AXR
SWKH
SWKH
Cash + ST InvestmentsLiquidity on hand
$50.0M
$42.8M
Total DebtLower is stronger
$21.0K
$33.0M
Stockholders' EquityBook value
$139.4M
$235.1M
Total Assets
$143.9M
$272.4M
Debt / EquityLower = less leverage
0.00×
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXR
AXR
SWKH
SWKH
Q1 26
$50.0M
Q4 25
$44.6M
$42.8M
Q3 25
$48.9M
$10.2M
Q2 25
$39.5M
$8.0M
Q1 25
$36.9M
$29.8M
Q4 24
$40.1M
$5.9M
Q3 24
$40.4M
$17.2M
Q2 24
$29.7M
$5.5M
Total Debt
AXR
AXR
SWKH
SWKH
Q1 26
$21.0K
Q4 25
$23.0K
$33.0M
Q3 25
$25.0K
$33.0M
Q2 25
$26.0K
$33.0M
Q1 25
$29.0K
$33.0M
Q4 24
$32.0K
$33.0M
Q3 24
$34.0K
$33.0M
Q2 24
$35.0K
$33.0M
Stockholders' Equity
AXR
AXR
SWKH
SWKH
Q1 26
$139.4M
Q4 25
$136.0M
$235.1M
Q3 25
$134.7M
$254.2M
Q2 25
$130.0M
$246.5M
Q1 25
$126.0M
$292.7M
Q4 24
$125.1M
$288.7M
Q3 24
$122.2M
$283.4M
Q2 24
$118.0M
$282.8M
Total Assets
AXR
AXR
SWKH
SWKH
Q1 26
$143.9M
Q4 25
$140.1M
$272.4M
Q3 25
$140.7M
$289.4M
Q2 25
$133.8M
$285.7M
Q1 25
$128.9M
$331.3M
Q4 24
$129.1M
$332.2M
Q3 24
$127.0M
$321.3M
Q2 24
$122.8M
$321.0M
Debt / Equity
AXR
AXR
SWKH
SWKH
Q1 26
0.00×
Q4 25
0.00×
0.14×
Q3 25
0.00×
0.13×
Q2 25
0.00×
0.13×
Q1 25
0.00×
0.11×
Q4 24
0.00×
0.11×
Q3 24
0.00×
0.12×
Q2 24
0.00×
0.12×

Cash Flow & Capital Efficiency

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

Metric
AXR
AXR
SWKH
SWKH
Operating Cash FlowLast quarter
$5.4M
$27.3M
Free Cash FlowOCF − Capex
$5.4M
$26.8M
FCF MarginFCF / Revenue
37.0%
308.1%
Capex IntensityCapex / Revenue
0.1%
5.9%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$20.2M
$43.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXR
AXR
SWKH
SWKH
Q1 26
$5.4M
Q4 25
$-4.3M
$27.3M
Q3 25
$9.5M
$906.0K
Q2 25
$10.2M
$7.8M
Q1 25
$-3.2M
$8.3M
Q4 24
$-182.0K
$23.0M
Q3 24
$10.7M
$6.3M
Q2 24
$10.7M
$5.4M
Free Cash Flow
AXR
AXR
SWKH
SWKH
Q1 26
$5.4M
Q4 25
$-4.3M
$26.8M
Q3 25
$9.5M
$557.0K
Q2 25
$9.7M
$7.7M
Q1 25
$-3.3M
$8.2M
Q4 24
$-268.0K
$22.9M
Q3 24
$10.7M
$6.3M
Q2 24
$10.3M
$5.4M
FCF Margin
AXR
AXR
SWKH
SWKH
Q1 26
37.0%
Q4 25
-45.9%
308.1%
Q3 25
53.2%
5.1%
Q2 25
86.4%
77.0%
Q1 25
-43.4%
69.1%
Q4 24
-2.3%
185.3%
Q3 24
55.8%
60.4%
Q2 24
52.5%
49.7%
Capex Intensity
AXR
AXR
SWKH
SWKH
Q1 26
0.1%
Q4 25
0.6%
5.9%
Q3 25
0.1%
3.2%
Q2 25
5.2%
0.6%
Q1 25
0.3%
0.8%
Q4 24
0.7%
1.1%
Q3 24
0.2%
0.3%
Q2 24
2.3%
0.2%
Cash Conversion
AXR
AXR
SWKH
SWKH
Q1 26
1.72×
Q4 25
-3.54×
Q3 25
2.03×
0.10×
Q2 25
2.63×
2.21×
Q1 25
-4.51×
1.82×
Q4 24
-0.05×
3.93×
Q3 24
2.63×
1.82×
Q2 24
2.59×
1.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AXR
AXR

Segment breakdown not available.

SWKH
SWKH

Finance Receivables Segment$8.4M96%
Other$329.0K4%

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