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Side-by-side financial comparison of BIOMARIN PHARMACEUTICAL INC (BMRN) and SUN COMMUNITIES INC (SUI). Click either name above to swap in a different company.

BIOMARIN PHARMACEUTICAL INC is the larger business by last-quarter revenue ($874.6M vs $697.2M, roughly 1.3× SUN COMMUNITIES INC). SUN COMMUNITIES INC runs the higher net margin — 1.7% vs -5.3%, a 7.1% gap on every dollar of revenue. On growth, BIOMARIN PHARMACEUTICAL INC posted the faster year-over-year revenue change (17.0% vs -25.8%). Over the past eight quarters, BIOMARIN PHARMACEUTICAL INC's revenue compounded faster (16.1% CAGR vs -2.1%).

BioMarin Pharmaceutical Inc. is an American biotechnology company headquartered in San Rafael, California. It has offices and facilities in the United States, South America, Asia, and Europe. BioMarin's core business and research are in enzyme replacement therapies (ERTs). BioMarin was the first company to provide therapeutics for mucopolysaccharidosis type I, by manufacturing laronidase. BioMarin was also the first company to provide therapeutics for phenylketonuria (PKU).

Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing communities and recreational vehicle communities. As of June 2, 2025, the company owned interests in 500 such properties in the United States, Canada, and the UK..

BMRN vs SUI — Head-to-Head

Bigger by revenue
BMRN
BMRN
1.3× larger
BMRN
$874.6M
$697.2M
SUI
Growing faster (revenue YoY)
BMRN
BMRN
+42.8% gap
BMRN
17.0%
-25.8%
SUI
Higher net margin
SUI
SUI
7.1% more per $
SUI
1.7%
-5.3%
BMRN
Faster 2-yr revenue CAGR
BMRN
BMRN
Annualised
BMRN
16.1%
-2.1%
SUI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
BMRN
BMRN
SUI
SUI
Revenue
$874.6M
$697.2M
Net Profit
$-46.6M
$12.1M
Gross Margin
68.5%
Operating Margin
-5.1%
Net Margin
-5.3%
1.7%
Revenue YoY
17.0%
-25.8%
Net Profit YoY
-137.3%
-96.0%
EPS (diluted)
$-0.22
$0.07

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
BMRN
BMRN
SUI
SUI
Q4 25
$874.6M
Q3 25
$776.1M
$697.2M
Q2 25
$825.4M
$623.5M
Q1 25
$745.1M
$470.2M
Q4 24
$747.3M
$745.9M
Q3 24
$745.7M
$939.9M
Q2 24
$712.0M
$864.0M
Q1 24
$648.8M
$671.3M
Net Profit
BMRN
BMRN
SUI
SUI
Q4 25
$-46.6M
Q3 25
$-30.7M
$12.1M
Q2 25
$240.5M
$1.3B
Q1 25
$185.7M
$-41.2M
Q4 24
$124.9M
$-228.4M
Q3 24
$106.1M
$300.5M
Q2 24
$107.2M
$56.7M
Q1 24
$88.7M
$-25.2M
Gross Margin
BMRN
BMRN
SUI
SUI
Q4 25
68.5%
Q3 25
82.0%
Q2 25
81.8%
Q1 25
79.7%
Q4 24
81.8%
Q3 24
74.7%
Q2 24
81.7%
Q1 24
80.7%
Operating Margin
BMRN
BMRN
SUI
SUI
Q4 25
-5.1%
Q3 25
-6.0%
Q2 25
33.5%
Q1 25
30.0%
Q4 24
21.6%
Q3 24
15.3%
Q2 24
16.9%
Q1 24
13.6%
Net Margin
BMRN
BMRN
SUI
SUI
Q4 25
-5.3%
Q3 25
-4.0%
1.7%
Q2 25
29.1%
210.8%
Q1 25
24.9%
-8.8%
Q4 24
16.7%
-30.6%
Q3 24
14.2%
32.0%
Q2 24
15.1%
6.6%
Q1 24
13.7%
-3.8%
EPS (diluted)
BMRN
BMRN
SUI
SUI
Q4 25
$-0.22
Q3 25
$-0.16
$0.07
Q2 25
$1.23
$10.02
Q1 25
$0.95
$-0.34
Q4 24
$0.65
$-1.80
Q3 24
$0.55
$2.31
Q2 24
$0.55
$0.42
Q1 24
$0.46
$-0.22

Balance Sheet & Financial Strength

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

Metric
BMRN
BMRN
SUI
SUI
Cash + ST InvestmentsLiquidity on hand
$1.3B
$542.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.1B
$7.0B
Total Assets
$7.6B
$12.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BMRN
BMRN
SUI
SUI
Q4 25
$1.3B
Q3 25
$1.3B
$542.7M
Q2 25
$1.2B
$889.7M
Q1 25
$1.0B
Q4 24
$942.8M
$47.4M
Q3 24
$675.4M
Q2 24
$972.1M
Q1 24
$747.0M
Total Debt
BMRN
BMRN
SUI
SUI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$7.4B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BMRN
BMRN
SUI
SUI
Q4 25
$6.1B
Q3 25
$6.1B
$7.0B
Q2 25
$6.0B
$7.4B
Q1 25
$5.8B
$6.9B
Q4 24
$5.7B
$7.1B
Q3 24
$5.4B
$7.5B
Q2 24
$5.3B
$6.9B
Q1 24
$5.1B
$6.9B
Total Assets
BMRN
BMRN
SUI
SUI
Q4 25
$7.6B
Q3 25
$7.6B
$12.8B
Q2 25
$7.5B
$13.4B
Q1 25
$7.1B
$16.5B
Q4 24
$7.0B
$16.5B
Q3 24
$6.9B
$17.1B
Q2 24
$7.1B
$17.0B
Q1 24
$6.9B
$17.1B
Debt / Equity
BMRN
BMRN
SUI
SUI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.04×
Q3 24
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
BMRN
BMRN
SUI
SUI
Operating Cash FlowLast quarter
$99.6M
$197.8M
Free Cash FlowOCF − Capex
$58.9M
FCF MarginFCF / Revenue
6.7%
Capex IntensityCapex / Revenue
4.7%
Cash ConversionOCF / Net Profit
16.35×
TTM Free Cash FlowTrailing 4 quarters
$725.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BMRN
BMRN
SUI
SUI
Q4 25
$99.6M
Q3 25
$368.7M
$197.8M
Q2 25
$185.3M
$256.0M
Q1 25
$174.4M
$243.9M
Q4 24
$185.6M
$118.0M
Q3 24
$221.5M
$189.2M
Q2 24
$118.8M
$311.3M
Q1 24
$47.0M
$242.5M
Free Cash Flow
BMRN
BMRN
SUI
SUI
Q4 25
$58.9M
Q3 25
$340.2M
Q2 25
$168.2M
Q1 25
$157.6M
Q4 24
$166.1M
Q3 24
$203.0M
Q2 24
$97.4M
Q1 24
$20.9M
FCF Margin
BMRN
BMRN
SUI
SUI
Q4 25
6.7%
Q3 25
43.8%
Q2 25
20.4%
Q1 25
21.2%
Q4 24
22.2%
Q3 24
27.2%
Q2 24
13.7%
Q1 24
3.2%
Capex Intensity
BMRN
BMRN
SUI
SUI
Q4 25
4.7%
Q3 25
3.7%
Q2 25
2.1%
Q1 25
2.3%
Q4 24
2.6%
Q3 24
2.5%
Q2 24
3.0%
Q1 24
4.0%
Cash Conversion
BMRN
BMRN
SUI
SUI
Q4 25
Q3 25
16.35×
Q2 25
0.77×
0.19×
Q1 25
0.94×
Q4 24
1.49×
Q3 24
2.09×
0.63×
Q2 24
1.11×
5.49×
Q1 24
0.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BMRN
BMRN

VOXZOGO$273.4M31%
VIMIZIM$205.5M24%
PALYNZIQ$125.3M14%
NAGLAZYME$120.2M14%
Other$49.4M6%
ALDURAZYME$49.4M6%
KUVAN$23.3M3%
Royalty And Other$15.2M2%
ROCTAVIAN$12.8M1%

SUI
SUI

Segment breakdown not available.

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