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

COLLEGIUM PHARMACEUTICAL, INC is the larger business by last-quarter revenue ($205.4M vs $120.6M, roughly 1.7× Kennedy-Wilson Holdings, Inc.). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs 8.3%, a 39.8% gap on every dollar of revenue. On growth, COLLEGIUM PHARMACEUTICAL, INC posted the faster year-over-year revenue change (12.9% vs -11.0%). COLLEGIUM PHARMACEUTICAL, INC produced more free cash flow last quarter ($122.4M vs $-55.2M). Over the past eight quarters, COLLEGIUM PHARMACEUTICAL, INC's revenue compounded faster (19.1% CAGR vs -6.0%).

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.

Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.

COLL vs KW — Head-to-Head

Bigger by revenue
COLL
COLL
1.7× larger
COLL
$205.4M
$120.6M
KW
Growing faster (revenue YoY)
COLL
COLL
+23.9% gap
COLL
12.9%
-11.0%
KW
Higher net margin
KW
KW
39.8% more per $
KW
48.1%
8.3%
COLL
More free cash flow
COLL
COLL
$177.6M more FCF
COLL
$122.4M
$-55.2M
KW
Faster 2-yr revenue CAGR
COLL
COLL
Annualised
COLL
19.1%
-6.0%
KW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
COLL
COLL
KW
KW
Revenue
$205.4M
$120.6M
Net Profit
$17.0M
$58.0M
Gross Margin
62.5%
Operating Margin
29.6%
57.3%
Net Margin
8.3%
48.1%
Revenue YoY
12.9%
-11.0%
Net Profit YoY
35.3%
32.7%
EPS (diluted)
$0.48
$0.22

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
KW
KW
Q4 25
$205.4M
$120.6M
Q3 25
$209.4M
$116.4M
Q2 25
$188.0M
$135.7M
Q1 25
$177.8M
$128.3M
Q4 24
$181.9M
$135.5M
Q3 24
$159.3M
$127.5M
Q2 24
$145.3M
$132.0M
Q1 24
$144.9M
$136.4M
Net Profit
COLL
COLL
KW
KW
Q4 25
$17.0M
$58.0M
Q3 25
$31.5M
$-10.2M
Q2 25
$12.0M
$5.6M
Q1 25
$2.4M
$-29.6M
Q4 24
$12.5M
$43.7M
Q3 24
$9.3M
$-66.8M
Q2 24
$19.6M
$-48.3M
Q1 24
$27.7M
$37.7M
Gross Margin
COLL
COLL
KW
KW
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
KW
KW
Q4 25
29.6%
57.3%
Q3 25
29.7%
-6.2%
Q2 25
18.7%
7.4%
Q1 25
12.2%
-26.9%
Q4 24
20.9%
36.7%
Q3 24
21.9%
-60.8%
Q2 24
32.7%
-45.5%
Q1 24
34.1%
47.2%
Net Margin
COLL
COLL
KW
KW
Q4 25
8.3%
48.1%
Q3 25
15.0%
-8.8%
Q2 25
6.4%
4.1%
Q1 25
1.4%
-23.1%
Q4 24
6.9%
32.3%
Q3 24
5.9%
-52.4%
Q2 24
13.5%
-36.6%
Q1 24
19.1%
27.6%
EPS (diluted)
COLL
COLL
KW
KW
Q4 25
$0.48
$0.22
Q3 25
$0.84
$-0.15
Q2 25
$0.34
$-0.05
Q1 25
$0.07
$-0.30
Q4 24
$0.36
$0.24
Q3 24
$0.27
$-0.56
Q2 24
$0.52
$-0.43
Q1 24
$0.71
$0.19

Balance Sheet & Financial Strength

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

Metric
COLL
COLL
KW
KW
Cash + ST InvestmentsLiquidity on hand
$386.7M
$184.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$301.7M
$1.5B
Total Assets
$1.7B
$6.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLL
COLL
KW
KW
Q4 25
$386.7M
$184.5M
Q3 25
$285.9M
$382.6M
Q2 25
$222.2M
$309.1M
Q1 25
$197.8M
$356.6M
Q4 24
$162.8M
$217.5M
Q3 24
$120.0M
$367.1M
Q2 24
$271.6M
$366.5M
Q1 24
$318.0M
$541.9M
Stockholders' Equity
COLL
COLL
KW
KW
Q4 25
$301.7M
$1.5B
Q3 25
$274.8M
$1.5B
Q2 25
$232.2M
$1.6B
Q1 25
$234.4M
$1.6B
Q4 24
$228.8M
$1.6B
Q3 24
$234.3M
$1.6B
Q2 24
$216.6M
$1.7B
Q1 24
$222.2M
$1.7B
Total Assets
COLL
COLL
KW
KW
Q4 25
$1.7B
$6.6B
Q3 25
$1.6B
$6.7B
Q2 25
$1.6B
$6.8B
Q1 25
$1.6B
$7.2B
Q4 24
$1.7B
$7.0B
Q3 24
$1.6B
$7.4B
Q2 24
$1.1B
$7.5B
Q1 24
$1.1B
$7.7B

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
KW
KW
Operating Cash FlowLast quarter
$123.0M
$11.4M
Free Cash FlowOCF − Capex
$122.4M
$-55.2M
FCF MarginFCF / Revenue
59.6%
-45.8%
Capex IntensityCapex / Revenue
0.3%
55.2%
Cash ConversionOCF / Net Profit
7.25×
0.20×
TTM Free Cash FlowTrailing 4 quarters
$327.6M
$-103.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLL
COLL
KW
KW
Q4 25
$123.0M
$11.4M
Q3 25
$78.4M
$-7.6M
Q2 25
$72.4M
$42.0M
Q1 25
$55.4M
$-51.9M
Q4 24
$84.6M
$55.1M
Q3 24
$-9.0M
$-5.6M
Q2 24
$67.4M
$36.7M
Q1 24
$61.9M
$-5.6M
Free Cash Flow
COLL
COLL
KW
KW
Q4 25
$122.4M
$-55.2M
Q3 25
$78.3M
$-18.0M
Q2 25
$72.4M
$29.4M
Q1 25
$54.6M
$-59.7M
Q4 24
$84.1M
$-76.5M
Q3 24
$-9.2M
$-27.7M
Q2 24
$67.1M
$-500.0K
Q1 24
$61.4M
$-57.1M
FCF Margin
COLL
COLL
KW
KW
Q4 25
59.6%
-45.8%
Q3 25
37.4%
-15.5%
Q2 25
38.5%
21.7%
Q1 25
30.7%
-46.5%
Q4 24
46.2%
-56.5%
Q3 24
-5.8%
-21.7%
Q2 24
46.2%
-0.4%
Q1 24
42.3%
-41.9%
Capex Intensity
COLL
COLL
KW
KW
Q4 25
0.3%
55.2%
Q3 25
0.1%
8.9%
Q2 25
0.0%
9.3%
Q1 25
0.4%
6.1%
Q4 24
0.3%
97.1%
Q3 24
0.2%
17.3%
Q2 24
0.2%
28.2%
Q1 24
0.4%
37.8%
Cash Conversion
COLL
COLL
KW
KW
Q4 25
7.25×
0.20×
Q3 25
2.49×
Q2 25
6.05×
7.50×
Q1 25
22.92×
Q4 24
6.75×
1.26×
Q3 24
-0.96×
Q2 24
3.44×
Q1 24
2.23×
-0.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

COLL
COLL

Segment breakdown not available.

KW
KW

Consolidated Portfolio Segment$84.9M70%
Investment Management Fees$30.4M25%
Real Estate$5.1M4%

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