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Side-by-side financial comparison of Clearwater Paper Corp (CLW) and 60 DEGREES PHARMACEUTICALS, INC. (SXTP). Click either name above to swap in a different company.
Clearwater Paper Corp is the larger business by last-quarter revenue ($360.3K vs $303.4K, roughly 1.2× 60 DEGREES PHARMACEUTICALS, INC.). Clearwater Paper Corp runs the higher net margin — -3.6% vs -474.2%, a 470.6% gap on every dollar of revenue. On growth, 60 DEGREES PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (25.6% vs -4.7%). Over the past eight quarters, 60 DEGREES PHARMACEUTICALS, INC.'s revenue compounded faster (69.4% CAGR vs -96.8%).
Clearwater Paper Corporation is an American pulp and paperboard manufacturer. The company was created on December 9, 2008, via a spin-off from Potlatch Corporation and is headquartered in Spokane, Washington.
Tonix Pharmaceuticals is a pharmaceutical company based in Chatham, New Jersey that focuses on repurposed drugs for central nervous system conditions and as of 2020 was also pursuing a vaccine for COVID-19 and a biodefense project.
CLW vs SXTP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $360.3K | $303.4K |
| Net Profit | $-12.8K | $-1.4M |
| Gross Margin | -0.2% | 60.2% |
| Operating Margin | — | -632.0% |
| Net Margin | -3.6% | -474.2% |
| Revenue YoY | -4.7% | 25.6% |
| Net Profit YoY | -103.2% | 29.7% |
| EPS (diluted) | — | $-8.26 |
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.
| Q1 26 | $360.3K | — | ||
| Q4 25 | $386.4M | $303.4K | ||
| Q3 25 | $399.0M | $437.6K | ||
| Q2 25 | $391.8M | $100.9K | ||
| Q1 25 | $378.2M | $163.6K | ||
| Q4 24 | $387.1M | $241.6K | ||
| Q3 24 | $393.3M | $135.3K | ||
| Q2 24 | $344.4M | $125.0K |
| Q1 26 | $-12.8K | — | ||
| Q4 25 | $38.3M | $-1.4M | ||
| Q3 25 | $-53.3M | $-2.3M | ||
| Q2 25 | $2.7M | $-1.7M | ||
| Q1 25 | $-6.3M | $-1.9M | ||
| Q4 24 | $199.1M | $-2.0M | ||
| Q3 24 | $5.8M | $-2.2M | ||
| Q2 24 | $-25.8M | $-4.2M |
| Q1 26 | -0.2% | — | ||
| Q4 25 | 4.5% | 60.2% | ||
| Q3 25 | 4.7% | -22.9% | ||
| Q2 25 | 11.0% | 50.4% | ||
| Q1 25 | 9.7% | 55.2% | ||
| Q4 24 | 3.8% | 51.1% | ||
| Q3 24 | 7.7% | 17.4% | ||
| Q2 24 | -0.6% | 28.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | -632.0% | ||
| Q3 25 | -13.9% | -531.4% | ||
| Q2 25 | 2.5% | -1590.0% | ||
| Q1 25 | -1.1% | -1168.4% | ||
| Q4 24 | -4.0% | -854.7% | ||
| Q3 24 | -0.3% | -1566.0% | ||
| Q2 24 | -13.6% | -3351.8% |
| Q1 26 | -3.6% | — | ||
| Q4 25 | 9.9% | -474.2% | ||
| Q3 25 | -13.4% | -529.3% | ||
| Q2 25 | 0.7% | -1717.7% | ||
| Q1 25 | -1.7% | -1147.4% | ||
| Q4 24 | 51.4% | -846.3% | ||
| Q3 24 | 1.5% | -1596.4% | ||
| Q2 24 | -7.5% | -3339.0% |
| Q1 26 | — | — | ||
| Q4 25 | $2.36 | $-8.26 | ||
| Q3 25 | $-3.30 | $-0.66 | ||
| Q2 25 | $0.17 | $-1.25 | ||
| Q1 25 | $-0.38 | $-1.56 | ||
| Q4 24 | $11.87 | $-51.96 | ||
| Q3 24 | $0.35 | $-2.92 | ||
| Q2 24 | $-1.55 | $-21.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.5M | $2.8M |
| Total DebtLower is stronger | $361.1M | $150.0K |
| Stockholders' EquityBook value | $813.8M | $3.5M |
| Total Assets | $1.6B | $5.4M |
| Debt / EquityLower = less leverage | 0.44× | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $36.5M | — | ||
| Q4 25 | $30.7M | $2.8M | ||
| Q3 25 | $34.4M | $4.1M | ||
| Q2 25 | $46.7M | $2.0M | ||
| Q1 25 | $44.0M | $3.5M | ||
| Q4 24 | $79.6M | $3.4M | ||
| Q3 24 | $35.5M | $5.0M | ||
| Q2 24 | $39.6M | $1.6M |
| Q1 26 | $361.1M | — | ||
| Q4 25 | $346.8M | $150.0K | ||
| Q3 25 | $337.0M | $150.0K | ||
| Q2 25 | $330.1M | $150.0K | ||
| Q1 25 | — | $150.0K | ||
| Q4 24 | $283.4M | $150.0K | ||
| Q3 24 | $1.2B | $150.0K | ||
| Q2 24 | $1.1B | $150.0K |
| Q1 26 | $813.8M | — | ||
| Q4 25 | $825.3M | $3.5M | ||
| Q3 25 | $783.0M | $4.4M | ||
| Q2 25 | $836.8M | $2.4M | ||
| Q1 25 | $836.6M | $4.1M | ||
| Q4 24 | $854.6M | $4.0M | ||
| Q3 24 | $664.6M | $6.0M | ||
| Q2 24 | $658.6M | $3.0M |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $5.4M | ||
| Q3 25 | $1.6B | $6.7M | ||
| Q2 25 | $1.6B | $4.2M | ||
| Q1 25 | $1.6B | $6.0M | ||
| Q4 24 | $1.7B | $5.8M | ||
| Q3 24 | $2.5B | $7.4M | ||
| Q2 24 | $2.5B | $4.3M |
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.42× | 0.04× | ||
| Q3 25 | 0.43× | 0.03× | ||
| Q2 25 | 0.39× | 0.06× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | 0.33× | 0.04× | ||
| Q3 24 | 1.73× | 0.02× | ||
| Q2 24 | 1.74× | 0.05× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $-1.7M |
| Free Cash FlowOCF − Capex | — | $-1.8M |
| FCF MarginFCF / Revenue | — | -584.2% |
| Capex IntensityCapex / Revenue | — | 26.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-7.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $5.0M | $-1.7M | ||
| Q3 25 | $34.0M | $-2.1M | ||
| Q2 25 | $-28.2M | $-1.5M | ||
| Q1 25 | $1.5M | $-1.6M | ||
| Q4 24 | $-35.1M | $-1.6M | ||
| Q3 24 | $16.2M | $-1.7M | ||
| Q2 24 | $21.1M | $-1.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-9.9M | $-1.8M | ||
| Q3 25 | $15.7M | $-2.1M | ||
| Q2 25 | $-51.1M | $-1.5M | ||
| Q1 25 | $-31.2M | $-1.6M | ||
| Q4 24 | $-68.1M | — | ||
| Q3 24 | $-30.8M | $-1.7M | ||
| Q2 24 | $3.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | -2.6% | -584.2% | ||
| Q3 25 | 3.9% | -484.2% | ||
| Q2 25 | -13.0% | -1483.6% | ||
| Q1 25 | -8.2% | -978.3% | ||
| Q4 24 | -17.6% | — | ||
| Q3 24 | -7.8% | -1252.8% | ||
| Q2 24 | 0.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | 26.3% | ||
| Q3 25 | 4.6% | 2.3% | ||
| Q2 25 | 5.8% | 46.9% | ||
| Q1 25 | 8.6% | 1.6% | ||
| Q4 24 | 8.5% | — | ||
| Q3 24 | 12.0% | 10.2% | ||
| Q2 24 | 5.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.13× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -10.44× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.18× | — | ||
| Q3 24 | 2.79× | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.