vs

Side-by-side financial comparison of Axsome Therapeutics, Inc. (AXSM) and Innovex International, Inc. (INVX). Click either name above to swap in a different company.

Innovex International, Inc. is the larger business by last-quarter revenue ($273.6M vs $196.0M, roughly 1.4× Axsome Therapeutics, Inc.). Innovex International, Inc. runs the higher net margin — 5.1% vs -14.6%, a 19.7% gap on every dollar of revenue. On growth, Axsome Therapeutics, Inc. posted the faster year-over-year revenue change (65.0% vs 9.1%). Over the past eight quarters, Axsome Therapeutics, Inc.'s revenue compounded faster (61.7% CAGR vs 46.2%).

Jazz Pharmaceuticals plc is a global biopharmaceutical company with a focus on oncology and neuroscience. It was founded in 2003 in California, United States and is now headquartered in Dublin, Ireland.

AXSM vs INVX — Head-to-Head

Bigger by revenue
INVX
INVX
1.4× larger
INVX
$273.6M
$196.0M
AXSM
Growing faster (revenue YoY)
AXSM
AXSM
+55.9% gap
AXSM
65.0%
9.1%
INVX
Higher net margin
INVX
INVX
19.7% more per $
INVX
5.1%
-14.6%
AXSM
Faster 2-yr revenue CAGR
AXSM
AXSM
Annualised
AXSM
61.7%
46.2%
INVX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AXSM
AXSM
INVX
INVX
Revenue
$196.0M
$273.6M
Net Profit
$-28.6M
$14.0M
Gross Margin
28.9%
Operating Margin
-13.8%
9.4%
Net Margin
-14.6%
5.1%
Revenue YoY
65.0%
9.1%
Net Profit YoY
61.9%
-56.1%
EPS (diluted)
$-0.55
$0.20

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
AXSM
AXSM
INVX
INVX
Q4 25
$196.0M
$273.6M
Q3 25
$171.0M
$240.0M
Q2 25
$150.0M
$224.2M
Q1 25
$121.5M
$240.4M
Q4 24
$118.8M
$250.7M
Q3 24
$104.8M
$151.8M
Q2 24
$87.2M
$130.3M
Q1 24
$75.0M
$128.0M
Net Profit
AXSM
AXSM
INVX
INVX
Q4 25
$-28.6M
$14.0M
Q3 25
$-47.2M
$39.2M
Q2 25
$-48.0M
$15.3M
Q1 25
$-59.4M
$14.8M
Q4 24
$-74.9M
$31.8M
Q3 24
$-64.6M
$82.6M
Q2 24
$-79.3M
$9.5M
Q1 24
$-68.4M
$16.4M
Gross Margin
AXSM
AXSM
INVX
INVX
Q4 25
28.9%
Q3 25
31.6%
Q2 25
32.0%
Q1 25
31.8%
Q4 24
33.9%
Q3 24
34.7%
Q2 24
35.3%
Q1 24
38.4%
Operating Margin
AXSM
AXSM
INVX
INVX
Q4 25
-13.8%
9.4%
Q3 25
-27.0%
26.0%
Q2 25
-24.5%
10.1%
Q1 25
-46.9%
9.1%
Q4 24
-61.1%
10.7%
Q3 24
-59.8%
-8.7%
Q2 24
-89.5%
10.0%
Q1 24
-89.7%
17.4%
Net Margin
AXSM
AXSM
INVX
INVX
Q4 25
-14.6%
5.1%
Q3 25
-27.6%
16.3%
Q2 25
-32.0%
6.8%
Q1 25
-48.9%
6.1%
Q4 24
-63.1%
12.7%
Q3 24
-61.7%
54.4%
Q2 24
-91.0%
7.3%
Q1 24
-91.1%
12.8%
EPS (diluted)
AXSM
AXSM
INVX
INVX
Q4 25
$-0.55
$0.20
Q3 25
$-0.94
$0.57
Q2 25
$-0.97
$0.22
Q1 25
$-1.22
$0.21
Q4 24
$-1.54
$-0.03
Q3 24
$-1.34
$1.99
Q2 24
$-1.67
$0.30
Q1 24
$-1.44
$0.51

Balance Sheet & Financial Strength

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

Metric
AXSM
AXSM
INVX
INVX
Cash + ST InvestmentsLiquidity on hand
$322.9M
Total DebtLower is stronger
$18.9M
Stockholders' EquityBook value
$88.3M
$1.1B
Total Assets
$689.8M
$1.3B
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXSM
AXSM
INVX
INVX
Q4 25
$322.9M
Q3 25
$325.3M
Q2 25
$303.0M
Q1 25
$300.9M
Q4 24
$315.4M
Q3 24
$327.3M
Q2 24
$315.7M
$185.6M
Q1 24
$331.4M
$202.2M
Total Debt
AXSM
AXSM
INVX
INVX
Q4 25
$18.9M
Q3 25
$20.1M
Q2 25
$34.8M
Q1 25
$19.7M
Q4 24
$24.9M
Q3 24
$12.4M
Q2 24
Q1 24
Stockholders' Equity
AXSM
AXSM
INVX
INVX
Q4 25
$88.3M
$1.1B
Q3 25
$73.7M
$1.0B
Q2 25
$73.1M
$995.6M
Q1 25
$53.2M
$978.4M
Q4 24
$57.0M
$958.2M
Q3 24
$92.9M
$904.4M
Q2 24
$102.9M
$352.5M
Q1 24
$144.0M
$344.3M
Total Assets
AXSM
AXSM
INVX
INVX
Q4 25
$689.8M
$1.3B
Q3 25
$669.3M
$1.3B
Q2 25
$639.8M
$1.2B
Q1 25
$596.7M
$1.2B
Q4 24
$568.5M
$1.2B
Q3 24
$561.5M
$1.1B
Q2 24
$548.2M
$1.0B
Q1 24
$545.7M
$1.0B
Debt / Equity
AXSM
AXSM
INVX
INVX
Q4 25
0.02×
Q3 25
0.02×
Q2 25
0.03×
Q1 25
0.02×
Q4 24
0.03×
Q3 24
0.01×
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
AXSM
AXSM
INVX
INVX
Operating Cash FlowLast quarter
$-18.7M
$52.2M
Free Cash FlowOCF − Capex
$-18.7M
FCF MarginFCF / Revenue
-9.6%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
3.74×
TTM Free Cash FlowTrailing 4 quarters
$-93.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXSM
AXSM
INVX
INVX
Q4 25
$-18.7M
$52.2M
Q3 25
$1.0M
$48.4M
Q2 25
$-32.4M
$59.2M
Q1 25
$-43.4M
$31.1M
Q4 24
$-26.2M
$36.3M
Q3 24
$-18.6M
$21.7M
Q2 24
$-30.1M
$22.8M
Q1 24
$-53.5M
$12.6M
Free Cash Flow
AXSM
AXSM
INVX
INVX
Q4 25
$-18.7M
Q3 25
$988.0K
Q2 25
$-32.4M
Q1 25
$-43.7M
Q4 24
$-26.2M
Q3 24
$-18.7M
Q2 24
$-30.2M
$16.6M
Q1 24
$-53.6M
$7.8M
FCF Margin
AXSM
AXSM
INVX
INVX
Q4 25
-9.6%
Q3 25
0.6%
Q2 25
-21.6%
Q1 25
-36.0%
Q4 24
-22.1%
Q3 24
-17.9%
Q2 24
-34.6%
12.7%
Q1 24
-71.4%
6.1%
Capex Intensity
AXSM
AXSM
INVX
INVX
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.3%
Q4 24
0.0%
Q3 24
0.1%
Q2 24
0.1%
4.7%
Q1 24
0.1%
3.7%
Cash Conversion
AXSM
AXSM
INVX
INVX
Q4 25
3.74×
Q3 25
1.23×
Q2 25
3.86×
Q1 25
2.11×
Q4 24
1.14×
Q3 24
0.26×
Q2 24
2.39×
Q1 24
0.77×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AXSM
AXSM

Segment breakdown not available.

INVX
INVX

Products$202.7M74%
Leasing$42.3M15%
Services$28.6M10%

Related Comparisons