vs

Side-by-side financial comparison of Beam Therapeutics Inc. (BEAM) and Delek Logistics Partners, LP (DKL). Click either name above to swap in a different company.

Delek Logistics Partners, LP is the larger business by last-quarter revenue ($154.7M vs $114.1M, roughly 1.4× Beam Therapeutics Inc.). Beam Therapeutics Inc. runs the higher net margin — 214.1% vs 20.9%, a 193.2% gap on every dollar of revenue. On growth, Delek Logistics Partners, LP posted the faster year-over-year revenue change (518.9% vs 279.5%).

Beam Therapeutics Inc. is an American biotechnology company conducting research in the field of gene therapies and genome editing. The company is headquartered in Cambridge, Massachusetts. In the development of therapies, the company relies on CRISPR base editing and prime editing, whereby single nucleotides in a DNA sequence can be enzymatically modified without producing double-strand breaks.

Delek Logistics Partners, LP is a U.S.-based midstream energy logistics enterprise that offers storage, transportation, and distribution services for crude oil, refined petroleum products, and renewable fuels. It mainly serves downstream energy operators, retail fuel networks and industrial clients across the U.S. Gulf Coast and Southeast regions.

BEAM vs DKL — Head-to-Head

Bigger by revenue
DKL
DKL
1.4× larger
DKL
$154.7M
$114.1M
BEAM
Growing faster (revenue YoY)
DKL
DKL
+239.3% gap
DKL
518.9%
279.5%
BEAM
Higher net margin
BEAM
BEAM
193.2% more per $
BEAM
214.1%
20.9%
DKL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BEAM
BEAM
DKL
DKL
Revenue
$114.1M
$154.7M
Net Profit
$244.3M
$32.4M
Gross Margin
-62.0%
Operating Margin
-15.3%
25.9%
Net Margin
214.1%
20.9%
Revenue YoY
279.5%
518.9%
Net Profit YoY
370.4%
EPS (diluted)
$2.53
$0.60

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
BEAM
BEAM
DKL
DKL
Q1 26
$154.7M
Q4 25
$114.1M
$255.8M
Q3 25
$261.3M
Q2 25
$246.3M
Q1 25
$249.9M
Q4 24
$209.9M
Q3 24
$214.1M
Q2 24
$264.6M
Net Profit
BEAM
BEAM
DKL
DKL
Q1 26
$32.4M
Q4 25
$244.3M
$47.3M
Q3 25
$45.6M
Q2 25
$44.6M
Q1 25
$39.0M
Q4 24
$35.3M
Q3 24
$33.7M
Q2 24
$41.1M
Gross Margin
BEAM
BEAM
DKL
DKL
Q1 26
-62.0%
Q4 25
17.2%
Q3 25
20.6%
Q2 25
25.8%
Q1 25
21.5%
Q4 24
23.4%
Q3 24
22.8%
Q2 24
28.1%
Operating Margin
BEAM
BEAM
DKL
DKL
Q1 26
25.9%
Q4 25
-15.3%
14.2%
Q3 25
17.4%
Q2 25
21.3%
Q1 25
19.0%
Q4 24
18.1%
Q3 24
14.9%
Q2 24
25.9%
Net Margin
BEAM
BEAM
DKL
DKL
Q1 26
20.9%
Q4 25
214.1%
18.5%
Q3 25
17.4%
Q2 25
18.1%
Q1 25
15.6%
Q4 24
16.8%
Q3 24
15.7%
Q2 24
15.5%
EPS (diluted)
BEAM
BEAM
DKL
DKL
Q1 26
$0.60
Q4 25
$2.53
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Balance Sheet & Financial Strength

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

Metric
BEAM
BEAM
DKL
DKL
Cash + ST InvestmentsLiquidity on hand
$1.2B
$9.9M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$1.2B
Total Assets
$1.5B
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEAM
BEAM
DKL
DKL
Q1 26
$9.9M
Q4 25
$1.2B
$10.9M
Q3 25
$6.9M
Q2 25
$1.4M
Q1 25
$2.1M
Q4 24
$5.4M
Q3 24
$7.3M
Q2 24
$5.1M
Total Debt
BEAM
BEAM
DKL
DKL
Q1 26
$2.3B
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.2B
Q1 25
$2.1B
Q4 24
$1.9B
Q3 24
$1.9B
Q2 24
$1.6B
Stockholders' Equity
BEAM
BEAM
DKL
DKL
Q1 26
Q4 25
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Assets
BEAM
BEAM
DKL
DKL
Q1 26
$2.9B
Q4 25
$1.5B
$2.8B
Q3 25
$2.7B
Q2 25
$2.8B
Q1 25
$2.4B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$1.6B

Cash Flow & Capital Efficiency

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

Metric
BEAM
BEAM
DKL
DKL
Operating Cash FlowLast quarter
$-83.3M
$170.4M
Free Cash FlowOCF − Capex
$-87.0M
FCF MarginFCF / Revenue
-76.3%
Capex IntensityCapex / Revenue
3.3%
5.4%
Cash ConversionOCF / Net Profit
-0.34×
5.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEAM
BEAM
DKL
DKL
Q1 26
$170.4M
Q4 25
$-83.3M
$43.2M
Q3 25
$54.9M
Q2 25
$107.4M
Q1 25
$31.6M
Q4 24
$49.9M
Q3 24
$24.9M
Q2 24
$87.6M
Free Cash Flow
BEAM
BEAM
DKL
DKL
Q1 26
Q4 25
$-87.0M
$12.6M
Q3 25
$-12.3M
Q2 25
$-7.1M
Q1 25
$-23.9M
Q4 24
$3.9M
Q3 24
$-31.7M
Q2 24
$72.5M
FCF Margin
BEAM
BEAM
DKL
DKL
Q1 26
Q4 25
-76.3%
4.9%
Q3 25
-4.7%
Q2 25
-2.9%
Q1 25
-9.6%
Q4 24
1.8%
Q3 24
-14.8%
Q2 24
27.4%
Capex Intensity
BEAM
BEAM
DKL
DKL
Q1 26
5.4%
Q4 25
3.3%
12.0%
Q3 25
25.7%
Q2 25
46.5%
Q1 25
22.2%
Q4 24
21.9%
Q3 24
26.4%
Q2 24
5.7%
Cash Conversion
BEAM
BEAM
DKL
DKL
Q1 26
5.27×
Q4 25
-0.34×
0.91×
Q3 25
1.21×
Q2 25
2.41×
Q1 25
0.81×
Q4 24
1.41×
Q3 24
0.74×
Q2 24
2.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BEAM
BEAM

Pfizer$109.1M96%
Other$5.0M4%

DKL
DKL

Third party$105.4M68%
Affiliate$49.2M32%

Related Comparisons