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Side-by-side financial comparison of CMB.TECH NV (CMBT) and EXACT SCIENCES CORP (EXAS). Click either name above to swap in a different company.

EXACT SCIENCES CORP is the larger business by last-quarter revenue ($878.4M vs $592.8M, roughly 1.5× CMB.TECH NV). CMB.TECH NV runs the higher net margin — 32.3% vs -9.8%, a 42.0% gap on every dollar of revenue. On growth, EXACT SCIENCES CORP posted the faster year-over-year revenue change (23.1% vs -34.6%).

CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.

Exact Sciences Corporation is an American molecular diagnostics company based in Madison, Wisconsin, specializing in the detection of early-stage cancers. The company provides products for the detection and prevention of colorectal cancer, including Cologuard, the first stool DNA test for colorectal cancer, along with additional screening and precision oncological tests for other types of cancer.

CMBT vs EXAS — Head-to-Head

Bigger by revenue
EXAS
EXAS
1.5× larger
EXAS
$878.4M
$592.8M
CMBT
Growing faster (revenue YoY)
EXAS
EXAS
+57.7% gap
EXAS
23.1%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
42.0% more per $
CMBT
32.3%
-9.8%
EXAS

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
CMBT
CMBT
EXAS
EXAS
Revenue
$592.8M
$878.4M
Net Profit
$191.2M
$-86.0M
Gross Margin
70.1%
Operating Margin
46.4%
-9.4%
Net Margin
32.3%
-9.8%
Revenue YoY
-34.6%
23.1%
Net Profit YoY
-63.3%
90.1%
EPS (diluted)
$1.01
$-0.45

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
CMBT
CMBT
EXAS
EXAS
Q4 25
$878.4M
Q3 25
$850.7M
Q2 25
$811.1M
Q1 25
$706.8M
Q4 24
$592.8M
$713.4M
Q3 24
$708.7M
Q2 24
$699.3M
Q1 24
$637.5M
Net Profit
CMBT
CMBT
EXAS
EXAS
Q4 25
$-86.0M
Q3 25
$-19.6M
Q2 25
$-1.2M
Q1 25
$-101.2M
Q4 24
$191.2M
$-864.6M
Q3 24
$-38.2M
Q2 24
$-15.8M
Q1 24
$-110.2M
Gross Margin
CMBT
CMBT
EXAS
EXAS
Q4 25
70.1%
Q3 25
68.6%
Q2 25
69.3%
Q1 25
70.8%
Q4 24
69.0%
Q3 24
69.4%
Q2 24
69.8%
Q1 24
70.0%
Operating Margin
CMBT
CMBT
EXAS
EXAS
Q4 25
-9.4%
Q3 25
-3.0%
Q2 25
-0.3%
Q1 25
-13.6%
Q4 24
46.4%
-122.8%
Q3 24
-5.6%
Q2 24
-3.8%
Q1 24
-16.7%
Net Margin
CMBT
CMBT
EXAS
EXAS
Q4 25
-9.8%
Q3 25
-2.3%
Q2 25
-0.1%
Q1 25
-14.3%
Q4 24
32.3%
-121.2%
Q3 24
-5.4%
Q2 24
-2.3%
Q1 24
-17.3%
EPS (diluted)
CMBT
CMBT
EXAS
EXAS
Q4 25
$-0.45
Q3 25
$-0.10
Q2 25
$-0.01
Q1 25
$-0.54
Q4 24
$1.01
$-4.69
Q3 24
$-0.21
Q2 24
$-0.09
Q1 24
$-0.60

Balance Sheet & Financial Strength

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

Metric
CMBT
CMBT
EXAS
EXAS
Cash + ST InvestmentsLiquidity on hand
$38.9M
$964.7M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$1.2B
$2.4B
Total Assets
$3.9B
$5.9B
Debt / EquityLower = less leverage
2.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
EXAS
EXAS
Q4 25
$964.7M
Q3 25
$1.0B
Q2 25
$858.4M
Q1 25
$786.2M
Q4 24
$38.9M
$1.0B
Q3 24
$1.0B
Q2 24
$946.8M
Q1 24
$652.1M
Total Debt
CMBT
CMBT
EXAS
EXAS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$2.6B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CMBT
CMBT
EXAS
EXAS
Q4 25
$2.4B
Q3 25
$2.5B
Q2 25
$2.5B
Q1 25
$2.4B
Q4 24
$1.2B
$2.4B
Q3 24
$3.2B
Q2 24
$3.2B
Q1 24
$3.1B
Total Assets
CMBT
CMBT
EXAS
EXAS
Q4 25
$5.9B
Q3 25
$5.9B
Q2 25
$5.8B
Q1 25
$5.7B
Q4 24
$3.9B
$5.9B
Q3 24
$6.7B
Q2 24
$6.7B
Q1 24
$6.4B
Debt / Equity
CMBT
CMBT
EXAS
EXAS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.20×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
CMBT
CMBT
EXAS
EXAS
Operating Cash FlowLast quarter
$204.4M
$151.7M
Free Cash FlowOCF − Capex
$120.4M
FCF MarginFCF / Revenue
13.7%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
1.07×
TTM Free Cash FlowTrailing 4 quarters
$356.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
EXAS
EXAS
Q4 25
$151.7M
Q3 25
$219.9M
Q2 25
$89.0M
Q1 25
$30.8M
Q4 24
$204.4M
$47.1M
Q3 24
$138.7M
Q2 24
$107.1M
Q1 24
$-82.3M
Free Cash Flow
CMBT
CMBT
EXAS
EXAS
Q4 25
$120.4M
Q3 25
$190.0M
Q2 25
$46.7M
Q1 25
$-365.0K
Q4 24
$10.7M
Q3 24
$112.6M
Q2 24
$71.2M
Q1 24
$-120.0M
FCF Margin
CMBT
CMBT
EXAS
EXAS
Q4 25
13.7%
Q3 25
22.3%
Q2 25
5.8%
Q1 25
-0.1%
Q4 24
1.5%
Q3 24
15.9%
Q2 24
10.2%
Q1 24
-18.8%
Capex Intensity
CMBT
CMBT
EXAS
EXAS
Q4 25
3.6%
Q3 25
3.5%
Q2 25
5.2%
Q1 25
4.4%
Q4 24
5.1%
Q3 24
3.7%
Q2 24
5.1%
Q1 24
5.9%
Cash Conversion
CMBT
CMBT
EXAS
EXAS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.07×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBT
CMBT

Segment breakdown not available.

EXAS
EXAS

Screening$695.1M79%
Precision Oncology$183.2M21%

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