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Side-by-side financial comparison of Clarus Corp (CLAR) and Cryoport, Inc. (CYRX). Click either name above to swap in a different company.

Clarus Corp is the larger business by last-quarter revenue ($65.4M vs $45.5M, roughly 1.4× Cryoport, Inc.). Cryoport, Inc. runs the higher net margin — -17.5% vs -47.8%, a 30.3% gap on every dollar of revenue. On growth, Cryoport, Inc. posted the faster year-over-year revenue change (9.6% vs -8.4%). Clarus Corp produced more free cash flow last quarter ($11.6M vs $-4.5M). Over the past eight quarters, Cryoport, Inc.'s revenue compounded faster (10.4% CAGR vs -2.9%).

Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.

Cryoport, Inc. is a global provider of specialized temperature-controlled logistics and supply chain solutions focused on the life sciences, biopharmaceutical, and cell and gene therapy sectors. It partners with research institutions, biotech firms, and pharmaceutical manufacturers globally to support the safe transport of sensitive biological materials including clinical trial samples and advanced therapy products.

CLAR vs CYRX — Head-to-Head

Bigger by revenue
CLAR
CLAR
1.4× larger
CLAR
$65.4M
$45.5M
CYRX
Growing faster (revenue YoY)
CYRX
CYRX
+18.0% gap
CYRX
9.6%
-8.4%
CLAR
Higher net margin
CYRX
CYRX
30.3% more per $
CYRX
-17.5%
-47.8%
CLAR
More free cash flow
CLAR
CLAR
$16.1M more FCF
CLAR
$11.6M
$-4.5M
CYRX
Faster 2-yr revenue CAGR
CYRX
CYRX
Annualised
CYRX
10.4%
-2.9%
CLAR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLAR
CLAR
CYRX
CYRX
Revenue
$65.4M
$45.5M
Net Profit
$-31.3M
$-8.0M
Gross Margin
27.7%
47.8%
Operating Margin
-59.6%
-17.0%
Net Margin
-47.8%
-17.5%
Revenue YoY
-8.4%
9.6%
Net Profit YoY
52.3%
57.4%
EPS (diluted)
$-0.81
$-0.19

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
CLAR
CLAR
CYRX
CYRX
Q4 25
$65.4M
$45.5M
Q3 25
$69.3M
$44.2M
Q2 25
$55.2M
$45.5M
Q1 25
$60.4M
$41.0M
Q4 24
$71.4M
$41.5M
Q3 24
$67.1M
$38.3M
Q2 24
$56.5M
$39.7M
Q1 24
$69.3M
$37.3M
Net Profit
CLAR
CLAR
CYRX
CYRX
Q4 25
$-31.3M
$-8.0M
Q3 25
$-1.6M
$-6.9M
Q2 25
$-8.4M
$105.2M
Q1 25
$-5.2M
$-12.0M
Q4 24
$-65.5M
$-18.7M
Q3 24
$-3.2M
$805.0K
Q2 24
$-5.5M
$-78.0M
Q1 24
$21.9M
$-18.9M
Gross Margin
CLAR
CLAR
CYRX
CYRX
Q4 25
27.7%
47.8%
Q3 25
35.1%
48.2%
Q2 25
35.6%
47.0%
Q1 25
34.4%
45.4%
Q4 24
33.4%
47.0%
Q3 24
35.0%
45.5%
Q2 24
36.1%
44.5%
Q1 24
35.9%
40.4%
Operating Margin
CLAR
CLAR
CYRX
CYRX
Q4 25
-59.6%
-17.0%
Q3 25
-4.4%
-22.5%
Q2 25
-19.7%
-21.2%
Q1 25
-11.2%
-23.1%
Q4 24
-70.2%
-30.7%
Q3 24
-8.0%
-34.9%
Q2 24
-14.4%
-196.5%
Q1 24
-9.8%
-46.9%
Net Margin
CLAR
CLAR
CYRX
CYRX
Q4 25
-47.8%
-17.5%
Q3 25
-2.3%
-15.7%
Q2 25
-15.3%
231.4%
Q1 25
-8.7%
-29.2%
Q4 24
-91.8%
-45.1%
Q3 24
-4.7%
2.1%
Q2 24
-9.7%
-196.4%
Q1 24
31.6%
-50.7%
EPS (diluted)
CLAR
CLAR
CYRX
CYRX
Q4 25
$-0.81
$-0.19
Q3 25
$-0.04
$-0.18
Q2 25
$-0.22
$2.05
Q1 25
$-0.14
$-0.28
Q4 24
$-1.72
$-0.42
Q3 24
$-0.08
$-0.02
Q2 24
$-0.14
$-1.62
Q1 24
$0.57
$-0.43

Balance Sheet & Financial Strength

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

Metric
CLAR
CLAR
CYRX
CYRX
Cash + ST InvestmentsLiquidity on hand
$36.7M
$411.2M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$196.4M
$502.6M
Total Assets
$249.0M
$765.0M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLAR
CLAR
CYRX
CYRX
Q4 25
$36.7M
$411.2M
Q3 25
$29.5M
$421.3M
Q2 25
$28.5M
$426.0M
Q1 25
$41.3M
$244.0M
Q4 24
$45.4M
$250.6M
Q3 24
$36.4M
$259.4M
Q2 24
$46.2M
$414.9M
Q1 24
$47.5M
$438.2M
Total Debt
CLAR
CLAR
CYRX
CYRX
Q4 25
$0
Q3 25
$2.0M
Q2 25
$1.9M
Q1 25
$1.9M
Q4 24
$1.9M
Q3 24
Q2 24
Q1 24
$37.0K
Stockholders' Equity
CLAR
CLAR
CYRX
CYRX
Q4 25
$196.4M
$502.6M
Q3 25
$225.8M
$513.3M
Q2 25
$225.1M
$519.1M
Q1 25
$229.3M
$398.8M
Q4 24
$233.1M
$401.9M
Q3 24
$308.5M
$418.6M
Q2 24
$307.3M
$400.1M
Q1 24
$310.4M
$472.2M
Total Assets
CLAR
CLAR
CYRX
CYRX
Q4 25
$249.0M
$765.0M
Q3 25
$283.1M
$774.3M
Q2 25
$286.5M
$773.9M
Q1 25
$292.8M
$699.8M
Q4 24
$294.1M
$703.5M
Q3 24
$375.3M
$701.8M
Q2 24
$369.4M
$852.3M
Q1 24
$377.0M
$942.8M
Debt / Equity
CLAR
CLAR
CYRX
CYRX
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
Q2 24
Q1 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
CLAR
CLAR
CYRX
CYRX
Operating Cash FlowLast quarter
$12.5M
$919.0K
Free Cash FlowOCF − Capex
$11.6M
$-4.5M
FCF MarginFCF / Revenue
17.7%
-10.0%
Capex IntensityCapex / Revenue
1.4%
12.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.9M
$-25.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLAR
CLAR
CYRX
CYRX
Q4 25
$12.5M
$919.0K
Q3 25
$-5.7M
$2.2M
Q2 25
$-9.4M
$-7.3M
Q1 25
$-2.1M
$-4.3M
Q4 24
$16.6M
$-5.5M
Q3 24
$-8.3M
$447.0K
Q2 24
$834.0K
$-8.0M
Q1 24
$-16.4M
$-3.3M
Free Cash Flow
CLAR
CLAR
CYRX
CYRX
Q4 25
$11.6M
$-4.5M
Q3 25
$-7.0M
$-1.3M
Q2 25
$-11.3M
$-11.7M
Q1 25
$-3.3M
$-7.5M
Q4 24
$14.4M
$-10.7M
Q3 24
$-9.4M
$-3.8M
Q2 24
$-744.0K
$-11.8M
Q1 24
$-18.3M
$-7.3M
FCF Margin
CLAR
CLAR
CYRX
CYRX
Q4 25
17.7%
-10.0%
Q3 25
-10.0%
-2.9%
Q2 25
-20.4%
-25.7%
Q1 25
-5.4%
-18.3%
Q4 24
20.1%
-25.8%
Q3 24
-14.0%
-9.9%
Q2 24
-1.3%
-29.8%
Q1 24
-26.3%
-19.5%
Capex Intensity
CLAR
CLAR
CYRX
CYRX
Q4 25
1.4%
12.0%
Q3 25
1.8%
7.8%
Q2 25
3.4%
9.6%
Q1 25
2.0%
7.7%
Q4 24
3.1%
12.6%
Q3 24
1.6%
11.1%
Q2 24
2.8%
9.5%
Q1 24
2.7%
10.7%
Cash Conversion
CLAR
CLAR
CYRX
CYRX
Q4 25
Q3 25
Q2 25
-0.07×
Q1 25
Q4 24
Q3 24
0.56×
Q2 24
Q1 24
-0.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLAR
CLAR

Other$37.1M57%
Outdoor Segment$25.3M39%
Adventure Segment$3.0M5%

CYRX
CYRX

Segment breakdown not available.

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