vs

Side-by-side financial comparison of BIOCRYST PHARMACEUTICALS INC (BCRX) and GCM Grosvenor Inc. (GCMG). Click either name above to swap in a different company.

GCM Grosvenor Inc. is the larger business by last-quarter revenue ($177.1M vs $156.4M, roughly 1.1× BIOCRYST PHARMACEUTICALS INC). On growth, BIOCRYST PHARMACEUTICALS INC posted the faster year-over-year revenue change (7.5% vs 7.2%). Over the past eight quarters, GCM Grosvenor Inc.'s revenue compounded faster (27.5% CAGR vs 19.6%).

BioCryst Pharmaceuticals, Inc. is an American pharmaceutical company headquartered in Durham, North Carolina. The company is a late stage biotech company that focuses on oral drugs for rare and serious diseases. BioCryst's antiviral drug peramivir (Rapivab) was approved by FDA in December 2014. It has also been approved in Japan, Korea, and China.

GCM Grosvenor is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023.

BCRX vs GCMG — Head-to-Head

Bigger by revenue
GCMG
GCMG
1.1× larger
GCMG
$177.1M
$156.4M
BCRX
Growing faster (revenue YoY)
BCRX
BCRX
+0.3% gap
BCRX
7.5%
7.2%
GCMG
Faster 2-yr revenue CAGR
GCMG
GCMG
Annualised
GCMG
27.5%
19.6%
BCRX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BCRX
BCRX
GCMG
GCMG
Revenue
$156.4M
$177.1M
Net Profit
$58.2M
Gross Margin
Operating Margin
13.6%
30.9%
Net Margin
32.8%
Revenue YoY
7.5%
7.2%
Net Profit YoY
149.2%
EPS (diluted)
$0.00
$0.23

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
BCRX
BCRX
GCMG
GCMG
Q1 26
$156.4M
Q4 25
$406.6M
$177.1M
Q3 25
$159.4M
$135.0M
Q2 25
$163.4M
$119.7M
Q1 25
$145.5M
$125.8M
Q4 24
$131.5M
$165.3M
Q3 24
$117.1M
$122.9M
Q2 24
$109.3M
$117.0M
Net Profit
BCRX
BCRX
GCMG
GCMG
Q1 26
Q4 25
$245.8M
$58.2M
Q3 25
$12.9M
$10.5M
Q2 25
$5.1M
$15.4M
Q1 25
$32.0K
$463.0K
Q4 24
$-26.8M
$7.6M
Q3 24
$-14.0M
$4.2M
Q2 24
$-12.7M
$4.8M
Gross Margin
BCRX
BCRX
GCMG
GCMG
Q1 26
Q4 25
97.7%
Q3 25
98.6%
Q2 25
98.3%
Q1 25
96.9%
Q4 24
95.4%
Q3 24
97.3%
Q2 24
98.4%
Operating Margin
BCRX
BCRX
GCMG
GCMG
Q1 26
13.6%
Q4 25
64.0%
30.9%
Q3 25
18.6%
32.7%
Q2 25
18.2%
16.1%
Q1 25
14.6%
12.2%
Q4 24
-3.4%
26.4%
Q3 24
6.6%
20.3%
Q2 24
8.0%
17.8%
Net Margin
BCRX
BCRX
GCMG
GCMG
Q1 26
Q4 25
60.5%
32.8%
Q3 25
8.1%
7.8%
Q2 25
3.1%
12.9%
Q1 25
0.0%
0.4%
Q4 24
-20.4%
4.6%
Q3 24
-12.0%
3.4%
Q2 24
-11.6%
4.1%
EPS (diluted)
BCRX
BCRX
GCMG
GCMG
Q1 26
$0.00
Q4 25
$1.13
$0.23
Q3 25
$0.06
$0.16
Q2 25
$0.02
$0.05
Q1 25
$0.00
$-0.02
Q4 24
$-0.13
$0.09
Q3 24
$-0.07
$0.03
Q2 24
$-0.06
$0.04

Balance Sheet & Financial Strength

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

Metric
BCRX
BCRX
GCMG
GCMG
Cash + ST InvestmentsLiquidity on hand
$259.0M
$242.1M
Total DebtLower is stronger
$428.4M
Stockholders' EquityBook value
$27.0M
Total Assets
$465.1M
$813.8M
Debt / EquityLower = less leverage
15.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCRX
BCRX
GCMG
GCMG
Q1 26
$259.0M
Q4 25
$274.7M
$242.1M
Q3 25
$212.9M
$182.7M
Q2 25
$260.0M
$136.3M
Q1 25
$295.1M
$94.5M
Q4 24
$320.9M
$89.5M
Q3 24
$96.8M
$98.4M
Q2 24
$78.4M
$73.9M
Total Debt
BCRX
BCRX
GCMG
GCMG
Q1 26
Q4 25
$428.4M
Q3 25
$429.3M
Q2 25
$430.2M
Q1 25
$431.1M
Q4 24
$432.0M
Q3 24
$432.9M
Q2 24
$433.8M
Stockholders' Equity
BCRX
BCRX
GCMG
GCMG
Q1 26
Q4 25
$-119.2M
$27.0M
Q3 25
$-387.9M
$-7.4M
Q2 25
$-421.6M
$-12.3M
Q1 25
$-451.9M
$-28.3M
Q4 24
$-475.9M
$-27.6M
Q3 24
$-468.6M
$-31.9M
Q2 24
$-475.6M
$-28.5M
Total Assets
BCRX
BCRX
GCMG
GCMG
Q1 26
$465.1M
Q4 25
$514.2M
$813.8M
Q3 25
$446.4M
$685.9M
Q2 25
$457.2M
$636.9M
Q1 25
$480.0M
$579.8M
Q4 24
$490.4M
$612.7M
Q3 24
$491.3M
$575.0M
Q2 24
$472.4M
$543.9M
Debt / Equity
BCRX
BCRX
GCMG
GCMG
Q1 26
Q4 25
15.87×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
BCRX
BCRX
GCMG
GCMG
Operating Cash FlowLast quarter
$183.5M
Free Cash FlowOCF − Capex
$175.0M
FCF MarginFCF / Revenue
98.8%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
3.16×
TTM Free Cash FlowTrailing 4 quarters
$326.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCRX
BCRX
GCMG
GCMG
Q1 26
Q4 25
$292.0M
$183.5M
Q3 25
$41.6M
$79.8M
Q2 25
$41.3M
$42.0M
Q1 25
$-27.5M
$33.3M
Q4 24
$-5.2M
$148.8M
Q3 24
$8.2M
$69.0M
Q2 24
$-1.4M
$17.5M
Free Cash Flow
BCRX
BCRX
GCMG
GCMG
Q1 26
Q4 25
$291.2M
$175.0M
Q3 25
$40.3M
$78.3M
Q2 25
$41.1M
$40.8M
Q1 25
$-27.7M
$32.1M
Q4 24
$-5.9M
$132.0M
Q3 24
$8.2M
$62.2M
Q2 24
$-1.5M
$12.8M
FCF Margin
BCRX
BCRX
GCMG
GCMG
Q1 26
Q4 25
71.6%
98.8%
Q3 25
25.3%
58.0%
Q2 25
25.2%
34.1%
Q1 25
-19.0%
25.5%
Q4 24
-4.5%
79.9%
Q3 24
7.0%
50.6%
Q2 24
-1.4%
10.9%
Capex Intensity
BCRX
BCRX
GCMG
GCMG
Q1 26
Q4 25
0.2%
4.8%
Q3 25
0.8%
1.1%
Q2 25
0.1%
1.0%
Q1 25
0.1%
0.9%
Q4 24
0.5%
10.1%
Q3 24
0.1%
5.5%
Q2 24
0.1%
4.0%
Cash Conversion
BCRX
BCRX
GCMG
GCMG
Q1 26
Q4 25
1.19×
3.16×
Q3 25
3.23×
7.61×
Q2 25
8.12×
2.72×
Q1 25
-859.91×
71.84×
Q4 24
19.54×
Q3 24
16.60×
Q2 24
3.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCRX
BCRX

ORLADEYO$148.3M95%
Other revenues$5.0M3%
License revenue$3.0M2%

GCMG
GCMG

Asset Management1$108.6M61%
Management Service Incentive Performance Fees$61.7M35%
Management Service Incentive Carried Interest$5.1M3%
Service Other$1.8M1%

Related Comparisons