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

COLLEGIUM PHARMACEUTICAL, INC is the larger business by last-quarter revenue ($205.4M vs $119.9M, roughly 1.7× GDEV Inc.). GDEV Inc. runs the higher net margin — 13.9% vs 8.3%, a 5.6% gap on every dollar of revenue. On growth, GDEV Inc. posted the faster year-over-year revenue change (13.3% vs 12.9%).

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.

GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...

COLL vs GDEV — Head-to-Head

Bigger by revenue
COLL
COLL
1.7× larger
COLL
$205.4M
$119.9M
GDEV
Growing faster (revenue YoY)
GDEV
GDEV
+0.4% gap
GDEV
13.3%
12.9%
COLL
Higher net margin
GDEV
GDEV
5.6% more per $
GDEV
13.9%
8.3%
COLL

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
COLL
COLL
GDEV
GDEV
Revenue
$205.4M
$119.9M
Net Profit
$17.0M
$16.6M
Gross Margin
62.5%
Operating Margin
29.6%
15.5%
Net Margin
8.3%
13.9%
Revenue YoY
12.9%
13.3%
Net Profit YoY
35.3%
13.0%
EPS (diluted)
$0.48
$0.90

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
COLL
COLL
GDEV
GDEV
Q4 25
$205.4M
Q3 25
$209.4M
Q2 25
$188.0M
$119.9M
Q1 25
$177.8M
Q4 24
$181.9M
Q3 24
$159.3M
Q2 24
$145.3M
$105.8M
Q1 24
$144.9M
Net Profit
COLL
COLL
GDEV
GDEV
Q4 25
$17.0M
Q3 25
$31.5M
Q2 25
$12.0M
$16.6M
Q1 25
$2.4M
Q4 24
$12.5M
Q3 24
$9.3M
Q2 24
$19.6M
$14.7M
Q1 24
$27.7M
Gross Margin
COLL
COLL
GDEV
GDEV
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
COLL
COLL
GDEV
GDEV
Q4 25
29.6%
Q3 25
29.7%
Q2 25
18.7%
15.5%
Q1 25
12.2%
Q4 24
20.9%
Q3 24
21.9%
Q2 24
32.7%
14.4%
Q1 24
34.1%
Net Margin
COLL
COLL
GDEV
GDEV
Q4 25
8.3%
Q3 25
15.0%
Q2 25
6.4%
13.9%
Q1 25
1.4%
Q4 24
6.9%
Q3 24
5.9%
Q2 24
13.5%
13.9%
Q1 24
19.1%
EPS (diluted)
COLL
COLL
GDEV
GDEV
Q4 25
$0.48
Q3 25
$0.84
Q2 25
$0.34
$0.90
Q1 25
$0.07
Q4 24
$0.36
Q3 24
$0.27
Q2 24
$0.52
$0.81
Q1 24
$0.71

Balance Sheet & Financial Strength

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

Metric
COLL
COLL
GDEV
GDEV
Cash + ST InvestmentsLiquidity on hand
$386.7M
$41.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$301.7M
$-129.4M
Total Assets
$1.7B
$210.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLL
COLL
GDEV
GDEV
Q4 25
$386.7M
Q3 25
$285.9M
Q2 25
$222.2M
$41.6M
Q1 25
$197.8M
Q4 24
$162.8M
Q3 24
$120.0M
Q2 24
$271.6M
$50.8M
Q1 24
$318.0M
Stockholders' Equity
COLL
COLL
GDEV
GDEV
Q4 25
$301.7M
Q3 25
$274.8M
Q2 25
$232.2M
$-129.4M
Q1 25
$234.4M
Q4 24
$228.8M
Q3 24
$234.3M
Q2 24
$216.6M
$-118.7M
Q1 24
$222.2M
Total Assets
COLL
COLL
GDEV
GDEV
Q4 25
$1.7B
Q3 25
$1.6B
Q2 25
$1.6B
$210.2M
Q1 25
$1.6B
Q4 24
$1.7B
Q3 24
$1.6B
Q2 24
$1.1B
$282.8M
Q1 24
$1.1B

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLL
COLL
GDEV
GDEV
Q4 25
$123.0M
Q3 25
$78.4M
Q2 25
$72.4M
Q1 25
$55.4M
Q4 24
$84.6M
Q3 24
$-9.0M
Q2 24
$67.4M
Q1 24
$61.9M
Free Cash Flow
COLL
COLL
GDEV
GDEV
Q4 25
$122.4M
Q3 25
$78.3M
Q2 25
$72.4M
Q1 25
$54.6M
Q4 24
$84.1M
Q3 24
$-9.2M
Q2 24
$67.1M
Q1 24
$61.4M
FCF Margin
COLL
COLL
GDEV
GDEV
Q4 25
59.6%
Q3 25
37.4%
Q2 25
38.5%
Q1 25
30.7%
Q4 24
46.2%
Q3 24
-5.8%
Q2 24
46.2%
Q1 24
42.3%
Capex Intensity
COLL
COLL
GDEV
GDEV
Q4 25
0.3%
Q3 25
0.1%
Q2 25
0.0%
Q1 25
0.4%
Q4 24
0.3%
Q3 24
0.2%
Q2 24
0.2%
Q1 24
0.4%
Cash Conversion
COLL
COLL
GDEV
GDEV
Q4 25
7.25×
Q3 25
2.49×
Q2 25
6.05×
Q1 25
22.92×
Q4 24
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.

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