vs

Side-by-side financial comparison of Certara, Inc. (CERT) and COLLEGIUM PHARMACEUTICAL, INC (COLL). Click either name above to swap in a different company.

COLLEGIUM PHARMACEUTICAL, INC is the larger business by last-quarter revenue ($205.4M vs $103.6M, roughly 2.0× Certara, Inc.). COLLEGIUM PHARMACEUTICAL, INC runs the higher net margin — 8.3% vs -5.7%, a 13.9% gap on every dollar of revenue. On growth, COLLEGIUM PHARMACEUTICAL, INC posted the faster year-over-year revenue change (12.9% vs 3.3%). COLLEGIUM PHARMACEUTICAL, INC produced more free cash flow last quarter ($122.4M vs $27.8M). Over the past eight quarters, COLLEGIUM PHARMACEUTICAL, INC's revenue compounded faster (19.1% CAGR vs 3.6%).

Certara is a global leader in biopharmaceutical software and consulting services, specializing in modeling, simulation, and regulatory science solutions. It serves pharmaceutical companies, biotech firms and healthcare stakeholders across all drug development stages, helping accelerate new therapy launches, lower R&D risks and cut overall development costs.

Collegium Pharmaceutical, Inc. is a specialty pharmaceutical firm focused on developing and commercializing innovative, abuse-deterrent pain management therapies. Operating primarily in the U.S. market, it offers extended-release analgesics for chronic pain patients, serving providers across primary and specialty care segments.

CERT vs COLL — Head-to-Head

Bigger by revenue
COLL
COLL
2.0× larger
COLL
$205.4M
$103.6M
CERT
Growing faster (revenue YoY)
COLL
COLL
+9.6% gap
COLL
12.9%
3.3%
CERT
Higher net margin
COLL
COLL
13.9% more per $
COLL
8.3%
-5.7%
CERT
More free cash flow
COLL
COLL
$94.5M more FCF
COLL
$122.4M
$27.8M
CERT
Faster 2-yr revenue CAGR
COLL
COLL
Annualised
COLL
19.1%
3.6%
CERT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CERT
CERT
COLL
COLL
Revenue
$103.6M
$205.4M
Net Profit
$-5.9M
$17.0M
Gross Margin
62.5%
Operating Margin
0.8%
29.6%
Net Margin
-5.7%
8.3%
Revenue YoY
3.3%
12.9%
Net Profit YoY
-189.6%
35.3%
EPS (diluted)
$-0.04
$0.48

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
CERT
CERT
COLL
COLL
Q4 25
$103.6M
$205.4M
Q3 25
$104.6M
$209.4M
Q2 25
$104.6M
$188.0M
Q1 25
$106.0M
$177.8M
Q4 24
$100.4M
$181.9M
Q3 24
$94.8M
$159.3M
Q2 24
$93.3M
$145.3M
Q1 24
$96.7M
$144.9M
Net Profit
CERT
CERT
COLL
COLL
Q4 25
$-5.9M
$17.0M
Q3 25
$1.5M
$31.5M
Q2 25
$-2.0M
$12.0M
Q1 25
$4.7M
$2.4M
Q4 24
$6.6M
$12.5M
Q3 24
$-1.4M
$9.3M
Q2 24
$-12.6M
$19.6M
Q1 24
$-4.7M
$27.7M
Gross Margin
CERT
CERT
COLL
COLL
Q4 25
62.5%
Q3 25
61.7%
Q2 25
57.7%
Q1 25
54.8%
Q4 24
54.0%
Q3 24
60.8%
Q2 24
62.5%
Q1 24
63.1%
Operating Margin
CERT
CERT
COLL
COLL
Q4 25
0.8%
29.6%
Q3 25
2.9%
29.7%
Q2 25
9.1%
18.7%
Q1 25
7.2%
12.2%
Q4 24
6.0%
20.9%
Q3 24
2.7%
21.9%
Q2 24
-9.7%
32.7%
Q1 24
-1.3%
34.1%
Net Margin
CERT
CERT
COLL
COLL
Q4 25
-5.7%
8.3%
Q3 25
1.5%
15.0%
Q2 25
-1.9%
6.4%
Q1 25
4.5%
1.4%
Q4 24
6.6%
6.9%
Q3 24
-1.4%
5.9%
Q2 24
-13.5%
13.5%
Q1 24
-4.8%
19.1%
EPS (diluted)
CERT
CERT
COLL
COLL
Q4 25
$-0.04
$0.48
Q3 25
$0.01
$0.84
Q2 25
$-0.01
$0.34
Q1 25
$0.03
$0.07
Q4 24
$0.04
$0.36
Q3 24
$-0.01
$0.27
Q2 24
$-0.08
$0.52
Q1 24
$-0.03
$0.71

Balance Sheet & Financial Strength

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

Metric
CERT
CERT
COLL
COLL
Cash + ST InvestmentsLiquidity on hand
$189.4M
$386.7M
Total DebtLower is stronger
$293.1M
Stockholders' EquityBook value
$1.1B
$301.7M
Total Assets
$1.6B
$1.7B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CERT
CERT
COLL
COLL
Q4 25
$189.4M
$386.7M
Q3 25
$172.7M
$285.9M
Q2 25
$162.3M
$222.2M
Q1 25
$179.1M
$197.8M
Q4 24
$179.2M
$162.8M
Q3 24
$233.0M
$120.0M
Q2 24
$224.6M
$271.6M
Q1 24
$224.8M
$318.0M
Total Debt
CERT
CERT
COLL
COLL
Q4 25
$293.1M
Q3 25
$293.5M
Q2 25
$294.2M
Q1 25
$294.8M
Q4 24
$295.4M
Q3 24
$296.1M
Q2 24
$296.7M
Q1 24
$290.8M
Stockholders' Equity
CERT
CERT
COLL
COLL
Q4 25
$1.1B
$301.7M
Q3 25
$1.1B
$274.8M
Q2 25
$1.1B
$232.2M
Q1 25
$1.1B
$234.4M
Q4 24
$1.1B
$228.8M
Q3 24
$1.1B
$234.3M
Q2 24
$1.0B
$216.6M
Q1 24
$1.1B
$222.2M
Total Assets
CERT
CERT
COLL
COLL
Q4 25
$1.6B
$1.7B
Q3 25
$1.5B
$1.6B
Q2 25
$1.5B
$1.6B
Q1 25
$1.6B
$1.6B
Q4 24
$1.6B
$1.7B
Q3 24
$1.5B
$1.6B
Q2 24
$1.5B
$1.1B
Q1 24
$1.5B
$1.1B
Debt / Equity
CERT
CERT
COLL
COLL
Q4 25
0.28×
Q3 25
0.28×
Q2 25
0.27×
Q1 25
0.27×
Q4 24
0.28×
Q3 24
0.28×
Q2 24
0.28×
Q1 24
0.28×

Cash Flow & Capital Efficiency

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

Metric
CERT
CERT
COLL
COLL
Operating Cash FlowLast quarter
$28.8M
$123.0M
Free Cash FlowOCF − Capex
$27.8M
$122.4M
FCF MarginFCF / Revenue
26.8%
59.6%
Capex IntensityCapex / Revenue
1.0%
0.3%
Cash ConversionOCF / Net Profit
7.25×
TTM Free Cash FlowTrailing 4 quarters
$94.4M
$327.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CERT
CERT
COLL
COLL
Q4 25
$28.8M
$123.0M
Q3 25
$32.3M
$78.4M
Q2 25
$17.8M
$72.4M
Q1 25
$17.4M
$55.4M
Q4 24
$49.4M
$84.6M
Q3 24
$17.0M
$-9.0M
Q2 24
$9.8M
$67.4M
Q1 24
$4.3M
$61.9M
Free Cash Flow
CERT
CERT
COLL
COLL
Q4 25
$27.8M
$122.4M
Q3 25
$32.1M
$78.3M
Q2 25
$17.8M
$72.4M
Q1 25
$16.8M
$54.6M
Q4 24
$49.0M
$84.1M
Q3 24
$16.8M
$-9.2M
Q2 24
$9.4M
$67.1M
Q1 24
$3.7M
$61.4M
FCF Margin
CERT
CERT
COLL
COLL
Q4 25
26.8%
59.6%
Q3 25
30.7%
37.4%
Q2 25
17.0%
38.5%
Q1 25
15.8%
30.7%
Q4 24
48.8%
46.2%
Q3 24
17.7%
-5.8%
Q2 24
10.1%
46.2%
Q1 24
3.8%
42.3%
Capex Intensity
CERT
CERT
COLL
COLL
Q4 25
1.0%
0.3%
Q3 25
0.2%
0.1%
Q2 25
0.1%
0.0%
Q1 25
0.6%
0.4%
Q4 24
0.4%
0.3%
Q3 24
0.2%
0.2%
Q2 24
0.5%
0.2%
Q1 24
0.6%
0.4%
Cash Conversion
CERT
CERT
COLL
COLL
Q4 25
7.25×
Q3 25
21.19×
2.49×
Q2 25
6.05×
Q1 25
3.66×
22.92×
Q4 24
7.51×
6.75×
Q3 24
-0.96×
Q2 24
3.44×
Q1 24
2.23×

Financial Flow Comparison

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

Related Comparisons