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Side-by-side financial comparison of BICYCLE THERAPEUTICS PLC (BCYC) and Information Services Group Inc. (III). Click either name above to swap in a different company.

Information Services Group Inc. is the larger business by last-quarter revenue ($61.2M vs $48.0M, roughly 1.3× BICYCLE THERAPEUTICS PLC). Information Services Group Inc. runs the higher net margin — 4.3% vs -42.0%, a 46.3% gap on every dollar of revenue. On growth, BICYCLE THERAPEUTICS PLC posted the faster year-over-year revenue change (1193.3% vs 5.9%). Information Services Group Inc. produced more free cash flow last quarter ($4.3M vs $-19.9M). Over the past eight quarters, BICYCLE THERAPEUTICS PLC's revenue compounded faster (56.7% CAGR vs -2.4%).

Bicycle Therapeutics PLC is a clinical-stage biopharmaceutical firm developing innovative bicyclic peptide therapies for unmet medical needs. Its core pipeline covers oncology, rare diseases, and immunological disorders, with operations in Europe and North America, and partnerships with global pharma leaders to advance drug candidates to market.

EBSCO Information Services, headquartered in Ipswich, Massachusetts, is a division of EBSCO Industries Inc., a private company headquartered in Birmingham, Alabama. EBSCO provides products and services to libraries of many types around the world. Its products include EBSCONET, a complete e-resource management system, and EBSCOhost, which supplies a fee-based online research service with 375 full-text databases, a collection of 600,000-plus ebooks, subject indexes, point-of-care medical refere...

BCYC vs III — Head-to-Head

Bigger by revenue
III
III
1.3× larger
III
$61.2M
$48.0M
BCYC
Growing faster (revenue YoY)
BCYC
BCYC
+1187.3% gap
BCYC
1193.3%
5.9%
III
Higher net margin
III
III
46.3% more per $
III
4.3%
-42.0%
BCYC
More free cash flow
III
III
$24.2M more FCF
III
$4.3M
$-19.9M
BCYC
Faster 2-yr revenue CAGR
BCYC
BCYC
Annualised
BCYC
56.7%
-2.4%
III

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BCYC
BCYC
III
III
Revenue
$48.0M
$61.2M
Net Profit
$-20.2M
$2.6M
Gross Margin
44.8%
Operating Margin
-51.5%
8.4%
Net Margin
-42.0%
4.3%
Revenue YoY
1193.3%
5.9%
Net Profit YoY
61.1%
-14.1%
EPS (diluted)
$-0.29
$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
BCYC
BCYC
III
III
Q4 25
$48.0M
$61.2M
Q3 25
$11.7M
$62.4M
Q2 25
$2.9M
$61.6M
Q1 25
$10.0M
$59.6M
Q4 24
$3.7M
$57.8M
Q3 24
$2.7M
$61.3M
Q2 24
$9.4M
$64.3M
Q1 24
$19.5M
$64.3M
Net Profit
BCYC
BCYC
III
III
Q4 25
$-20.2M
$2.6M
Q3 25
$-59.1M
$3.1M
Q2 25
$-79.0M
$2.2M
Q1 25
$-60.8M
$1.5M
Q4 24
$3.0M
Q3 24
$-50.8M
$1.1M
Q2 24
$-39.8M
$2.0M
Q1 24
$-26.6M
$-3.4M
Gross Margin
BCYC
BCYC
III
III
Q4 25
44.8%
Q3 25
42.2%
Q2 25
42.2%
Q1 25
43.1%
Q4 24
41.5%
Q3 24
40.4%
Q2 24
39.5%
Q1 24
36.1%
Operating Margin
BCYC
BCYC
III
III
Q4 25
-51.5%
8.4%
Q3 25
-558.6%
7.4%
Q2 25
-2965.8%
7.6%
Q1 25
-703.7%
5.7%
Q4 24
0.3%
Q3 24
-2385.9%
7.0%
Q2 24
-498.3%
5.7%
Q1 24
-162.4%
-3.7%
Net Margin
BCYC
BCYC
III
III
Q4 25
-42.0%
4.3%
Q3 25
-503.7%
4.9%
Q2 25
-2703.8%
3.5%
Q1 25
-608.9%
2.5%
Q4 24
5.3%
Q3 24
-1898.4%
1.9%
Q2 24
-425.3%
3.2%
Q1 24
-136.0%
-5.3%
EPS (diluted)
BCYC
BCYC
III
III
Q4 25
$-0.29
$0.06
Q3 25
$-0.85
$0.06
Q2 25
$-1.14
$0.04
Q1 25
$-0.88
$0.03
Q4 24
$0.07
Q3 24
$-0.74
$0.02
Q2 24
$-0.77
$0.04
Q1 24
$-0.62
$-0.07

Balance Sheet & Financial Strength

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

Metric
BCYC
BCYC
III
III
Cash + ST InvestmentsLiquidity on hand
$628.1M
$28.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$610.0M
$94.7M
Total Assets
$717.6M
$211.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCYC
BCYC
III
III
Q4 25
$628.1M
$28.7M
Q3 25
$648.3M
$28.7M
Q2 25
$721.5M
$25.2M
Q1 25
$793.0M
$20.1M
Q4 24
$879.5M
$23.1M
Q3 24
$890.9M
$9.7M
Q2 24
$961.4M
$11.8M
Q1 24
$457.0M
$14.0M
Total Debt
BCYC
BCYC
III
III
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$30.9M
Q1 24
$30.8M
Stockholders' Equity
BCYC
BCYC
III
III
Q4 25
$610.0M
$94.7M
Q3 25
$618.5M
$94.7M
Q2 25
$668.9M
$94.1M
Q1 25
$740.3M
$95.0M
Q4 24
$793.1M
$96.3M
Q3 24
$831.0M
$96.6M
Q2 24
$873.8M
$95.5M
Q1 24
$356.0M
$95.6M
Total Assets
BCYC
BCYC
III
III
Q4 25
$717.6M
$211.0M
Q3 25
$764.0M
$213.3M
Q2 25
$832.2M
$200.7M
Q1 25
$883.9M
$202.4M
Q4 24
$956.9M
$204.5M
Q3 24
$996.7M
$227.1M
Q2 24
$1.1B
$235.3M
Q1 24
$547.1M
$234.2M
Debt / Equity
BCYC
BCYC
III
III
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.04×
Q1 24
0.09×

Cash Flow & Capital Efficiency

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

Metric
BCYC
BCYC
III
III
Operating Cash FlowLast quarter
$-19.3M
$5.1M
Free Cash FlowOCF − Capex
$-19.9M
$4.3M
FCF MarginFCF / Revenue
-41.5%
7.0%
Capex IntensityCapex / Revenue
1.2%
1.2%
Cash ConversionOCF / Net Profit
1.94×
TTM Free Cash FlowTrailing 4 quarters
$-252.0M
$25.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCYC
BCYC
III
III
Q4 25
$-19.3M
$5.1M
Q3 25
$-71.2M
$11.1M
Q2 25
$-72.8M
$11.9M
Q1 25
$-86.4M
$978.0K
Q4 24
$-164.7M
$6.6M
Q3 24
$-39.8M
$8.8M
Q2 24
$-44.6M
$2.2M
Q1 24
$-70.9M
$2.3M
Free Cash Flow
BCYC
BCYC
III
III
Q4 25
$-19.9M
$4.3M
Q3 25
$-71.8M
$9.5M
Q2 25
$-73.3M
$11.1M
Q1 25
$-87.0M
$141.0K
Q4 24
$-166.0M
$6.0M
Q3 24
$-40.3M
$8.4M
Q2 24
$-45.0M
$1.3M
Q1 24
$-70.9M
$1.3M
FCF Margin
BCYC
BCYC
III
III
Q4 25
-41.5%
7.0%
Q3 25
-612.3%
15.2%
Q2 25
-2509.7%
18.0%
Q1 25
-871.7%
0.2%
Q4 24
-4475.7%
10.4%
Q3 24
-1504.7%
13.7%
Q2 24
-481.2%
2.0%
Q1 24
-362.9%
2.0%
Capex Intensity
BCYC
BCYC
III
III
Q4 25
1.2%
1.2%
Q3 25
5.7%
2.5%
Q2 25
17.1%
1.4%
Q1 25
6.1%
1.4%
Q4 24
33.3%
0.9%
Q3 24
16.3%
0.6%
Q2 24
4.5%
1.4%
Q1 24
0.1%
1.6%
Cash Conversion
BCYC
BCYC
III
III
Q4 25
1.94×
Q3 25
3.62×
Q2 25
5.46×
Q1 25
0.66×
Q4 24
2.15×
Q3 24
7.66×
Q2 24
1.07×
Q1 24

Financial Flow Comparison

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

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