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Side-by-side financial comparison of C4 Therapeutics, Inc. (CCCC) and Alpine Income Property Trust, Inc. (PINE). Click either name above to swap in a different company.

Alpine Income Property Trust, Inc. is the larger business by last-quarter revenue ($18.4M vs $11.0M, roughly 1.7× C4 Therapeutics, Inc.). Alpine Income Property Trust, Inc. runs the higher net margin — 11.9% vs -186.0%, a 197.8% gap on every dollar of revenue. On growth, C4 Therapeutics, Inc. posted the faster year-over-year revenue change (112.8% vs 29.6%). Over the past eight quarters, C4 Therapeutics, Inc.'s revenue compounded faster (90.4% CAGR vs 21.4%).

C4 Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing targeted protein degradation therapies for cancer and other severe diseases with high unmet medical needs. It leverages its proprietary TORPEDO platform to design small molecule degraders that eliminate disease-causing proteins, with a pipeline of oncology candidates in preclinical and clinical development, plus strategic partnerships with leading global pharmaceutical firms.

Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust that owns and operates a diversified portfolio of single-tenant net lease commercial properties across the United States. Its core asset segments include essential retail, industrial, and suburban office spaces, delivering stable recurring rental revenue to support consistent returns for its shareholders.

CCCC vs PINE — Head-to-Head

Bigger by revenue
PINE
PINE
1.7× larger
PINE
$18.4M
$11.0M
CCCC
Growing faster (revenue YoY)
CCCC
CCCC
+83.2% gap
CCCC
112.8%
29.6%
PINE
Higher net margin
PINE
PINE
197.8% more per $
PINE
11.9%
-186.0%
CCCC
Faster 2-yr revenue CAGR
CCCC
CCCC
Annualised
CCCC
90.4%
21.4%
PINE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CCCC
CCCC
PINE
PINE
Revenue
$11.0M
$18.4M
Net Profit
$-20.5M
$2.2M
Gross Margin
Operating Margin
-210.1%
35.4%
Net Margin
-186.0%
11.9%
Revenue YoY
112.8%
29.6%
Net Profit YoY
40.7%
285.3%
EPS (diluted)
$-0.09
$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
CCCC
CCCC
PINE
PINE
Q1 26
$18.4M
Q4 25
$11.0M
$16.9M
Q3 25
$11.2M
$14.6M
Q2 25
$6.5M
$14.9M
Q1 25
$7.2M
$14.2M
Q4 24
$5.2M
$13.8M
Q3 24
$15.4M
$13.5M
Q2 24
$12.0M
$12.5M
Net Profit
CCCC
CCCC
PINE
PINE
Q1 26
$2.2M
Q4 25
$-20.5M
$1.5M
Q3 25
$-32.2M
$-1.3M
Q2 25
$-26.0M
$-1.6M
Q1 25
$-26.3M
$-1.2M
Q4 24
$-34.6M
$-958.0K
Q3 24
$-24.7M
$3.1M
Q2 24
$-17.7M
$204.0K
Operating Margin
CCCC
CCCC
PINE
PINE
Q1 26
35.4%
Q4 25
-210.1%
35.3%
Q3 25
-306.4%
16.6%
Q2 25
-441.0%
16.8%
Q1 25
-402.9%
16.0%
Q4 24
-728.4%
14.3%
Q3 24
-183.9%
47.9%
Q2 24
-178.6%
24.0%
Net Margin
CCCC
CCCC
PINE
PINE
Q1 26
11.9%
Q4 25
-186.0%
8.7%
Q3 25
-286.4%
-9.0%
Q2 25
-402.6%
-11.0%
Q1 25
-363.7%
-8.3%
Q4 24
-667.8%
-6.9%
Q3 24
-160.6%
22.8%
Q2 24
-147.6%
1.6%
EPS (diluted)
CCCC
CCCC
PINE
PINE
Q1 26
$0.06
Q4 25
$-0.09
$0.07
Q3 25
$-0.44
$-0.09
Q2 25
$-0.37
$-0.12
Q1 25
$-0.37
$-0.08
Q4 24
$-0.50
$-0.06
Q3 24
$-0.35
$0.21
Q2 24
$-0.26
$0.01

Balance Sheet & Financial Strength

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

Metric
CCCC
CCCC
PINE
PINE
Cash + ST InvestmentsLiquidity on hand
$74.6M
$2.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$256.6M
$312.5M
Total Assets
$359.1M
$745.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCCC
CCCC
PINE
PINE
Q1 26
$2.6M
Q4 25
$74.6M
$4.6M
Q3 25
$58.8M
$1.2M
Q2 25
$78.2M
$5.0M
Q1 25
$51.3M
$6.1M
Q4 24
$55.5M
$1.6M
Q3 24
$59.6M
$2.6M
Q2 24
$73.1M
$3.3M
Total Debt
CCCC
CCCC
PINE
PINE
Q1 26
Q4 25
$377.7M
Q3 25
$358.2M
Q2 25
$352.6M
Q1 25
$356.5M
Q4 24
$301.5M
Q3 24
$278.9M
Q2 24
$268.3M
Stockholders' Equity
CCCC
CCCC
PINE
PINE
Q1 26
$312.5M
Q4 25
$256.6M
$279.9M
Q3 25
$154.4M
$223.5M
Q2 25
$174.1M
$229.8M
Q1 25
$195.1M
$240.9M
Q4 24
$216.0M
$253.0M
Q3 24
$242.7M
$248.2M
Q2 24
$247.1M
$244.0M
Total Assets
CCCC
CCCC
PINE
PINE
Q1 26
$745.1M
Q4 25
$359.1M
$715.9M
Q3 25
$265.5M
$621.4M
Q2 25
$296.5M
$628.4M
Q1 25
$319.5M
$647.4M
Q4 24
$349.6M
$605.0M
Q3 24
$376.1M
$579.0M
Q2 24
$381.1M
$565.8M
Debt / Equity
CCCC
CCCC
PINE
PINE
Q1 26
Q4 25
1.35×
Q3 25
1.60×
Q2 25
1.53×
Q1 25
1.48×
Q4 24
1.19×
Q3 24
1.12×
Q2 24
1.10×

Cash Flow & Capital Efficiency

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

Metric
CCCC
CCCC
PINE
PINE
Operating Cash FlowLast quarter
$-22.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCCC
CCCC
PINE
PINE
Q1 26
Q4 25
$-22.1M
$25.8M
Q3 25
$-31.2M
$8.7M
Q2 25
$-12.1M
$9.1M
Q1 25
$-33.3M
$5.8M
Q4 24
$-17.9M
$23.4M
Q3 24
$-24.1M
$6.2M
Q2 24
$-5.0M
$8.0M
Free Cash Flow
CCCC
CCCC
PINE
PINE
Q1 26
Q4 25
$-87.8M
Q3 25
$-31.6M
$-48.8M
Q2 25
$-3.0M
Q1 25
$-55.5M
Q4 24
$-17.9M
$-33.4M
Q3 24
$-24.1M
$-43.0M
Q2 24
$-5.2M
$-13.5M
FCF Margin
CCCC
CCCC
PINE
PINE
Q1 26
Q4 25
-519.4%
Q3 25
-281.5%
-334.9%
Q2 25
-20.0%
Q1 25
-391.0%
Q4 24
-346.5%
-242.4%
Q3 24
-157.2%
-319.3%
Q2 24
-43.1%
-108.0%
Capex Intensity
CCCC
CCCC
PINE
PINE
Q1 26
Q4 25
671.8%
Q3 25
3.7%
394.8%
Q2 25
81.2%
Q1 25
432.0%
Q4 24
0.1%
412.3%
Q3 24
0.1%
365.4%
Q2 24
1.6%
172.3%
Cash Conversion
CCCC
CCCC
PINE
PINE
Q1 26
Q4 25
17.48×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
2.02×
Q2 24
39.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CCCC
CCCC

Segment breakdown not available.

PINE
PINE

Lease Income$12.6M68%
Other$5.8M31%
Other Revenue$46.0K0%

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