vs

Side-by-side financial comparison of BioNTech SE (BNTX) and Sunrun Inc. (RUN). Click either name above to swap in a different company.

BioNTech SE is the larger business by last-quarter revenue ($1.5B vs $1.2B, roughly 1.3× Sunrun Inc.). Sunrun Inc. runs the higher net margin — 8.9% vs -1.9%, a 10.8% gap on every dollar of revenue.

BioNTech SE is a German multinational biotechnology company headquartered in Mainz that develops immunotherapies and vaccines, particularly for cancer and infectious diseases.

Sunrun Inc. is an American provider of photovoltaic systems and battery energy storage products, primarily for residential customers. The company was established in 2007 and is headquartered in San Francisco, California.

BNTX vs RUN — Head-to-Head

Bigger by revenue
BNTX
BNTX
1.3× larger
BNTX
$1.5B
$1.2B
RUN
Higher net margin
RUN
RUN
10.8% more per $
RUN
8.9%
-1.9%
BNTX

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BNTX
BNTX
RUN
RUN
Revenue
$1.5B
$1.2B
Net Profit
$-28.7M
$103.6M
Gross Margin
Operating Margin
-3.1%
8.4%
Net Margin
-1.9%
8.9%
Revenue YoY
123.5%
Net Profit YoY
103.7%
EPS (diluted)
$0.38

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
BNTX
BNTX
RUN
RUN
Q4 25
$1.2B
Q3 25
$1.5B
$724.6M
Q2 25
$260.8M
$569.3M
Q1 25
$504.3M
Q4 24
$518.5M
Q3 24
$1.2B
$537.2M
Q2 24
$523.9M
Q1 24
$458.2M
Net Profit
BNTX
BNTX
RUN
RUN
Q4 25
$103.6M
Q3 25
$-28.7M
$16.6M
Q2 25
$-386.6M
$279.8M
Q1 25
$50.0M
Q4 24
$-2.8B
Q3 24
$198.1M
$-83.8M
Q2 24
$139.1M
Q1 24
$-87.8M
Operating Margin
BNTX
BNTX
RUN
RUN
Q4 25
8.4%
Q3 25
-3.1%
0.5%
Q2 25
-192.1%
-19.7%
Q1 25
-22.8%
Q4 24
-628.0%
Q3 24
0.8%
-23.8%
Q2 24
-24.4%
Q1 24
-40.0%
Net Margin
BNTX
BNTX
RUN
RUN
Q4 25
8.9%
Q3 25
-1.9%
2.3%
Q2 25
-148.2%
49.1%
Q1 25
9.9%
Q4 24
-542.7%
Q3 24
15.9%
-15.6%
Q2 24
26.5%
Q1 24
-19.2%
EPS (diluted)
BNTX
BNTX
RUN
RUN
Q4 25
$0.38
Q3 25
$0.06
Q2 25
$1.07
Q1 25
$0.20
Q4 24
$-12.59
Q3 24
$-0.37
Q2 24
$0.55
Q1 24
$-0.40

Balance Sheet & Financial Strength

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

Metric
BNTX
BNTX
RUN
RUN
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$14.7B
Stockholders' EquityBook value
$3.1B
Total Assets
$22.6B
Debt / EquityLower = less leverage
4.69×

8-quarter trend — quarters aligned by calendar period.

Total Debt
BNTX
BNTX
RUN
RUN
Q4 25
$14.7B
Q3 25
$14.6B
Q2 25
$14.0B
Q1 25
$13.6B
Q4 24
$12.9B
Q3 24
$12.5B
Q2 24
$12.0B
Q1 24
$11.1B
Stockholders' Equity
BNTX
BNTX
RUN
RUN
Q4 25
$3.1B
Q3 25
$3.0B
Q2 25
$2.9B
Q1 25
$2.6B
Q4 24
$2.6B
Q3 24
$5.3B
Q2 24
$5.4B
Q1 24
$5.2B
Total Assets
BNTX
BNTX
RUN
RUN
Q4 25
$22.6B
Q3 25
$22.2B
Q2 25
$21.2B
Q1 25
$20.4B
Q4 24
$19.9B
Q3 24
$22.1B
Q2 24
$21.4B
Q1 24
$20.8B
Debt / Equity
BNTX
BNTX
RUN
RUN
Q4 25
4.69×
Q3 25
4.90×
Q2 25
4.80×
Q1 25
5.19×
Q4 24
5.05×
Q3 24
2.36×
Q2 24
2.23×
Q1 24
2.15×

Cash Flow & Capital Efficiency

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

Metric
BNTX
BNTX
RUN
RUN
Operating Cash FlowLast quarter
$96.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BNTX
BNTX
RUN
RUN
Q4 25
$96.9M
Q3 25
$-121.5M
Q2 25
$-292.7M
Q1 25
$-104.2M
Q4 24
$-258.4M
Q3 24
$-156.2M
Q2 24
$-208.5M
Q1 24
$-143.1M
Free Cash Flow
BNTX
BNTX
RUN
RUN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-156.4M
Q2 24
Q1 24
FCF Margin
BNTX
BNTX
RUN
RUN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-29.1%
Q2 24
Q1 24
Capex Intensity
BNTX
BNTX
RUN
RUN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Cash Conversion
BNTX
BNTX
RUN
RUN
Q4 25
0.94×
Q3 25
-7.33×
Q2 25
-1.05×
Q1 25
-2.08×
Q4 24
Q3 24
Q2 24
-1.50×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BNTX
BNTX

Segment breakdown not available.

RUN
RUN

Products$692.3M60%
Customer Agreements$435.2M38%
Manufactured Product Other$56.7M5%
Incentives$31.3M3%

Related Comparisons