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Side-by-side financial comparison of BioRestorative Therapies, Inc. (BRTX) and Fresenius Medical Care AG (FMS). Click either name above to swap in a different company.

Fresenius Medical Care AG is the larger business by last-quarter revenue ($5.5B vs $19.6K, roughly 279344.5× BioRestorative Therapies, Inc.). Fresenius Medical Care AG runs the higher net margin — 7.9% vs -16365.5%, a 16373.4% gap on every dollar of revenue. On growth, Fresenius Medical Care AG posted the faster year-over-year revenue change (-0.3% vs -54.7%).

BioRestorative Therapies, Inc. is a clinical-stage biotechnology company focused on developing innovative regenerative medicine therapies. Its core pipeline includes candidate treatments for chronic lower back pain, metabolic disorders and other unmet medical needs, primarily serving markets in North America as it advances novel cell-based therapeutic candidates through clinical trials.

Fresenius Medical Care AG & Co. KGaA is a German healthcare company which provides kidney dialysis services through a network of 4,171 outpatient dialysis centers, serving 345,425 patients. The company primarily treats end-stage renal disease (ESRD), which requires patients to undergo dialysis 3 times per week for the rest of their lives.

BRTX vs FMS — Head-to-Head

Bigger by revenue
FMS
FMS
279344.5× larger
FMS
$5.5B
$19.6K
BRTX
Growing faster (revenue YoY)
FMS
FMS
+54.4% gap
FMS
-0.3%
-54.7%
BRTX
Higher net margin
FMS
FMS
16373.4% more per $
FMS
7.9%
-16365.5%
BRTX

Income Statement — Q4 2025 vs Q4 2025

Metric
BRTX
BRTX
FMS
FMS
Revenue
$19.6K
$5.5B
Net Profit
$-3.2M
$434.2M
Gross Margin
91.7%
27.4%
Operating Margin
-19516.8%
11.7%
Net Margin
-16365.5%
7.9%
Revenue YoY
-54.7%
-0.3%
Net Profit YoY
-96.0%
240.4%
EPS (diluted)
$-0.31

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
BRTX
BRTX
FMS
FMS
Q4 25
$19.6K
$5.5B
Q3 25
$11.8K
Q2 25
$303.3K
Q1 25
$25.0K
Q4 24
$43.3K
$5.5B
Q3 24
$233.6K
Q2 24
$89.1K
Q1 24
$35.0K
Net Profit
BRTX
BRTX
FMS
FMS
Q4 25
$-3.2M
$434.2M
Q3 25
$-3.0M
Q2 25
$-2.7M
Q1 25
$-5.3M
Q4 24
$-1.6M
$127.6M
Q3 24
$-1.1M
Q2 24
$-4.0M
Q1 24
$-2.2M
Gross Margin
BRTX
BRTX
FMS
FMS
Q4 25
91.7%
27.4%
Q3 25
10.4%
Q2 25
97.1%
Q1 25
88.4%
Q4 24
92.3%
25.0%
Q3 24
92.2%
Q2 24
92.7%
Q1 24
100.0%
Operating Margin
BRTX
BRTX
FMS
FMS
Q4 25
-19516.8%
11.7%
Q3 25
-31432.3%
Q2 25
-1089.8%
Q1 25
-19230.1%
Q4 24
-6212.8%
5.1%
Q3 24
-979.0%
Q2 24
-2770.8%
Q1 24
-11740.7%
Net Margin
BRTX
BRTX
FMS
FMS
Q4 25
-16365.5%
7.9%
Q3 25
-25748.1%
Q2 25
-875.8%
Q1 25
-21359.2%
Q4 24
-3778.6%
2.3%
Q3 24
-467.2%
Q2 24
-4521.4%
Q1 24
-6352.2%
EPS (diluted)
BRTX
BRTX
FMS
FMS
Q4 25
$-0.31
Q3 25
$-0.33
Q2 25
$-0.30
Q1 25
$-0.64
Q4 24
$-0.20
Q3 24
$-0.13
Q2 24
$-0.50
Q1 24
$-0.33

Balance Sheet & Financial Strength

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

Metric
BRTX
BRTX
FMS
FMS
Cash + ST InvestmentsLiquidity on hand
$3.0M
$1.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$356.7K
$15.4B
Total Assets
$4.1M
$33.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRTX
BRTX
FMS
FMS
Q4 25
$3.0M
$1.7B
Q3 25
$4.5M
Q2 25
$7.4M
Q1 25
$9.1M
Q4 24
$10.7M
$1.3B
Q3 24
$13.1M
Q2 24
$14.7M
Q1 24
$16.4M
Stockholders' Equity
BRTX
BRTX
FMS
FMS
Q4 25
$356.7K
$15.4B
Q3 25
$2.2M
Q2 25
$4.8M
Q1 25
$6.1M
Q4 24
$8.5M
$17.0B
Q3 24
$10.0M
Q2 24
$10.8M
Q1 24
$14.5M
Total Assets
BRTX
BRTX
FMS
FMS
Q4 25
$4.1M
$33.5B
Q3 25
$5.6M
Q2 25
$8.5M
Q1 25
$10.3M
Q4 24
$12.3M
$36.3B
Q3 24
$14.6M
Q2 24
$16.1M
Q1 24
$18.0M

Cash Flow & Capital Efficiency

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

Metric
BRTX
BRTX
FMS
FMS
Operating Cash FlowLast quarter
$-2.4M
$2.9B
Free Cash FlowOCF − Capex
$-2.5M
FCF MarginFCF / Revenue
-12728.8%
Capex IntensityCapex / Revenue
406.5%
Cash ConversionOCF / Net Profit
6.67×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRTX
BRTX
FMS
FMS
Q4 25
$-2.4M
$2.9B
Q3 25
$-2.9M
Q2 25
$-2.7M
Q1 25
$-2.8M
Q4 24
$-2.3M
$2.6B
Q3 24
$-1.7M
Q2 24
$-1.9M
Q1 24
$-2.3M
Free Cash Flow
BRTX
BRTX
FMS
FMS
Q4 25
$-2.5M
Q3 25
Q2 25
Q1 25
$-2.8M
Q4 24
Q3 24
$-1.8M
Q2 24
Q1 24
FCF Margin
BRTX
BRTX
FMS
FMS
Q4 25
-12728.8%
Q3 25
Q2 25
Q1 25
-11260.7%
Q4 24
Q3 24
-752.6%
Q2 24
Q1 24
Capex Intensity
BRTX
BRTX
FMS
FMS
Q4 25
406.5%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
145.6%
Q4 24
Q3 24
25.0%
Q2 24
Q1 24
Cash Conversion
BRTX
BRTX
FMS
FMS
Q4 25
6.67×
Q3 25
Q2 25
Q1 25
Q4 24
20.20×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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