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Side-by-side financial comparison of AYTU BIOPHARMA, INC (AYTU) and Stran & Company, Inc. (SWAG). Click either name above to swap in a different company.

Stran & Company, Inc. is the larger business by last-quarter revenue ($28.9M vs $15.2M, roughly 1.9× AYTU BIOPHARMA, INC). Stran & Company, Inc. runs the higher net margin — 0.8% vs -69.8%, a 70.6% gap on every dollar of revenue. On growth, Stran & Company, Inc. posted the faster year-over-year revenue change (7.2% vs -6.5%). AYTU BIOPHARMA, INC produced more free cash flow last quarter ($3.7M vs $38.0K). Over the past eight quarters, Stran & Company, Inc.'s revenue compounded faster (24.0% CAGR vs 4.0%).

Aytu BioPharma, Inc. is a US-based specialty pharmaceutical company that develops and commercializes a portfolio of consumer healthcare products and prescription therapeutics. Its key offerings cover cold and allergy treatments, sexual health solutions, and therapies for rare pediatric conditions, serving patients and healthcare providers across the United States.

Stran & Company, Inc. provides branded promotional products, custom merchandise and integrated marketing solutions for corporate clients. It serves customers across retail, healthcare, technology, education and other sectors, supporting brand campaigns, customer engagement and employee incentive programs.

AYTU vs SWAG — Head-to-Head

Bigger by revenue
SWAG
SWAG
1.9× larger
SWAG
$28.9M
$15.2M
AYTU
Growing faster (revenue YoY)
SWAG
SWAG
+13.7% gap
SWAG
7.2%
-6.5%
AYTU
Higher net margin
SWAG
SWAG
70.6% more per $
SWAG
0.8%
-69.8%
AYTU
More free cash flow
AYTU
AYTU
$3.6M more FCF
AYTU
$3.7M
$38.0K
SWAG
Faster 2-yr revenue CAGR
SWAG
SWAG
Annualised
SWAG
24.0%
4.0%
AYTU

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AYTU
AYTU
SWAG
SWAG
Revenue
$15.2M
$28.9M
Net Profit
$-10.6M
$243.0K
Gross Margin
63.5%
30.4%
Operating Margin
-13.0%
-0.1%
Net Margin
-69.8%
0.8%
Revenue YoY
-6.5%
7.2%
Net Profit YoY
-1443.1%
141.5%
EPS (diluted)
$-1.05
$0.02

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
AYTU
AYTU
SWAG
SWAG
Q4 25
$15.2M
$28.9M
Q3 25
$13.9M
$26.0M
Q2 25
$15.1M
$32.6M
Q1 25
$18.5M
$28.7M
Q4 24
$16.2M
$27.0M
Q3 24
$16.6M
$20.1M
Q2 24
$14.6M
$16.7M
Q1 24
$14.0M
$18.8M
Net Profit
AYTU
AYTU
SWAG
SWAG
Q4 25
$-10.6M
$243.0K
Q3 25
$2.0M
$-1.2M
Q2 25
$-19.8M
$643.0K
Q1 25
$4.0M
$-393.0K
Q4 24
$788.0K
$-586.0K
Q3 24
$1.5M
$-2.0M
Q2 24
$-4.6M
$-1.0M
Q1 24
$-2.9M
$-491.0K
Gross Margin
AYTU
AYTU
SWAG
SWAG
Q4 25
63.5%
30.4%
Q3 25
66.1%
27.2%
Q2 25
67.8%
30.3%
Q1 25
69.4%
29.6%
Q4 24
66.5%
32.5%
Q3 24
72.3%
29.5%
Q2 24
75.7%
32.8%
Q1 24
73.9%
29.8%
Operating Margin
AYTU
AYTU
SWAG
SWAG
Q4 25
-13.0%
-0.1%
Q3 25
-10.8%
-6.9%
Q2 25
-50.4%
1.2%
Q1 25
13.1%
-1.9%
Q4 24
-10.4%
-3.5%
Q3 24
-5.6%
-10.8%
Q2 24
-15.6%
-6.6%
Q1 24
-11.4%
-3.5%
Net Margin
AYTU
AYTU
SWAG
SWAG
Q4 25
-69.8%
0.8%
Q3 25
14.1%
-4.8%
Q2 25
-130.9%
2.0%
Q1 25
21.6%
-1.4%
Q4 24
4.9%
-2.2%
Q3 24
8.9%
-10.1%
Q2 24
-31.6%
-6.1%
Q1 24
-20.6%
-2.6%
EPS (diluted)
AYTU
AYTU
SWAG
SWAG
Q4 25
$-1.05
$0.02
Q3 25
$-0.08
$-0.07
Q2 25
$0.03
Q1 25
$0.21
$-0.02
Q4 24
$-0.26
$-0.02
Q3 24
$-0.15
$-0.11
Q2 24
$-0.06
Q1 24
$-0.52
$-0.03

Balance Sheet & Financial Strength

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

Metric
AYTU
AYTU
SWAG
SWAG
Cash + ST InvestmentsLiquidity on hand
$30.0M
$11.6M
Total DebtLower is stronger
$10.0M
Stockholders' EquityBook value
$14.2M
$30.5M
Total Assets
$122.0M
$49.3M
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AYTU
AYTU
SWAG
SWAG
Q4 25
$30.0M
$11.6M
Q3 25
$32.6M
$11.8M
Q2 25
$31.0M
$18.1M
Q1 25
$18.2M
$12.2M
Q4 24
$20.4M
$18.2M
Q3 24
$20.1M
$6.9M
Q2 24
$20.0M
$9.6M
Q1 24
$19.8M
$10.7M
Total Debt
AYTU
AYTU
SWAG
SWAG
Q4 25
$10.0M
Q3 25
$10.4M
Q2 25
$10.9M
Q1 25
$9.5M
Q4 24
$10.0M
Q3 24
$10.4M
Q2 24
$10.9M
Q1 24
$0
Stockholders' Equity
AYTU
AYTU
SWAG
SWAG
Q4 25
$14.2M
$30.5M
Q3 25
$23.2M
$30.2M
Q2 25
$19.0M
$31.8M
Q1 25
$34.9M
$31.3M
Q4 24
$30.8M
$31.6M
Q3 24
$29.8M
$32.3M
Q2 24
$27.7M
$34.3M
Q1 24
$30.8M
$35.2M
Total Assets
AYTU
AYTU
SWAG
SWAG
Q4 25
$122.0M
$49.3M
Q3 25
$125.0M
$50.3M
Q2 25
$124.2M
$61.2M
Q1 25
$124.2M
$52.2M
Q4 24
$116.2M
$55.1M
Q3 24
$115.8M
$48.8M
Q2 24
$118.1M
$46.6M
Q1 24
$128.9M
$47.9M
Debt / Equity
AYTU
AYTU
SWAG
SWAG
Q4 25
0.70×
Q3 25
0.45×
Q2 25
0.57×
Q1 25
0.27×
Q4 24
0.32×
Q3 24
0.35×
Q2 24
0.39×
Q1 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
AYTU
AYTU
SWAG
SWAG
Operating Cash FlowLast quarter
$3.7M
$161.0K
Free Cash FlowOCF − Capex
$3.7M
$38.0K
FCF MarginFCF / Revenue
24.1%
0.1%
Capex IntensityCapex / Revenue
0.1%
0.4%
Cash ConversionOCF / Net Profit
0.66×
TTM Free Cash FlowTrailing 4 quarters
$-5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AYTU
AYTU
SWAG
SWAG
Q4 25
$3.7M
$161.0K
Q3 25
$-618.0K
$-5.4M
Q2 25
$2.8M
$6.4M
Q1 25
$-6.5M
$-5.9M
Q4 24
$2.9M
$1.3M
Q3 24
$-1.2M
$-2.7M
Q2 24
$-788.0K
$2.1M
Q1 24
$-254.0K
$2.1M
Free Cash Flow
AYTU
AYTU
SWAG
SWAG
Q4 25
$3.7M
$38.0K
Q3 25
$-5.9M
Q2 25
$6.3M
Q1 25
$-6.5M
$-6.0M
Q4 24
$2.9M
$1.2M
Q3 24
$-1.3M
$-2.9M
Q2 24
$1.9M
Q1 24
$1.9M
FCF Margin
AYTU
AYTU
SWAG
SWAG
Q4 25
24.1%
0.1%
Q3 25
-22.6%
Q2 25
19.5%
Q1 25
-35.4%
-21.0%
Q4 24
17.9%
4.6%
Q3 24
-8.0%
-14.3%
Q2 24
11.6%
Q1 24
9.9%
Capex Intensity
AYTU
AYTU
SWAG
SWAG
Q4 25
0.1%
0.4%
Q3 25
0.0%
1.9%
Q2 25
0.2%
Q1 25
0.4%
0.4%
Q4 24
0.0%
0.3%
Q3 24
0.8%
0.7%
Q2 24
1.1%
Q1 24
0.0%
1.0%
Cash Conversion
AYTU
AYTU
SWAG
SWAG
Q4 25
0.66×
Q3 25
-0.31×
Q2 25
9.99×
Q1 25
-1.62×
Q4 24
3.69×
Q3 24
-0.81×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

AYTU
AYTU

Segment breakdown not available.

SWAG
SWAG

Promotional Products Dropshipping$11.2M39%
Casino Continuity Program$6.9M24%
Promotional Products Company Owned Inventory$4.6M16%
Promotional Products Bulk Dropshipping$3.8M13%
Promotional Products Thirdparty Distributor$1.8M6%
Other$610.0K2%

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