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

COLLEGIUM PHARMACEUTICAL, INC is the larger business by last-quarter revenue ($205.4M vs $189.5M, roughly 1.1× Millrose Properties, Inc.). Millrose Properties, Inc. runs the higher net margin — 64.5% vs 8.3%, a 56.2% gap on every dollar of revenue.

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.

Millrose Properties, Inc. is a U.S.-based real estate enterprise primarily focused on the acquisition, ownership, operation, and management of income-generating multi-family residential assets. Its core markets span the U.S. Mid-Atlantic and Southeast regions, and it also offers professional property management services to select third-party property owners.

COLL vs MRP — Head-to-Head

Bigger by revenue
COLL
COLL
1.1× larger
COLL
$205.4M
$189.5M
MRP
Higher net margin
MRP
MRP
56.2% more per $
MRP
64.5%
8.3%
COLL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
COLL
COLL
MRP
MRP
Revenue
$205.4M
$189.5M
Net Profit
$17.0M
$122.2M
Gross Margin
62.5%
Operating Margin
29.6%
84.8%
Net Margin
8.3%
64.5%
Revenue YoY
12.9%
Net Profit YoY
35.3%
285.8%
EPS (diluted)
$0.48
$0.74

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
MRP
MRP
Q4 25
$205.4M
$189.5M
Q3 25
$209.4M
$179.3M
Q2 25
$188.0M
$149.0M
Q1 25
$177.8M
$82.7M
Q4 24
$181.9M
Q3 24
$159.3M
Q2 24
$145.3M
Q1 24
$144.9M
Net Profit
COLL
COLL
MRP
MRP
Q4 25
$17.0M
$122.2M
Q3 25
$31.5M
$105.1M
Q2 25
$12.0M
$112.8M
Q1 25
$2.4M
$39.8M
Q4 24
$12.5M
Q3 24
$9.3M
Q2 24
$19.6M
Q1 24
$27.7M
Gross Margin
COLL
COLL
MRP
MRP
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
MRP
MRP
Q4 25
29.6%
84.8%
Q3 25
29.7%
85.3%
Q2 25
18.7%
85.1%
Q1 25
12.2%
55.2%
Q4 24
20.9%
Q3 24
21.9%
Q2 24
32.7%
Q1 24
34.1%
Net Margin
COLL
COLL
MRP
MRP
Q4 25
8.3%
64.5%
Q3 25
15.0%
58.6%
Q2 25
6.4%
75.7%
Q1 25
1.4%
48.1%
Q4 24
6.9%
Q3 24
5.9%
Q2 24
13.5%
Q1 24
19.1%
EPS (diluted)
COLL
COLL
MRP
MRP
Q4 25
$0.48
$0.74
Q3 25
$0.84
$0.63
Q2 25
$0.34
$0.68
Q1 25
$0.07
$0.39
Q4 24
$0.36
Q3 24
$0.27
Q2 24
$0.52
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
MRP
MRP
Cash + ST InvestmentsLiquidity on hand
$386.7M
$35.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$301.7M
$5.9B
Total Assets
$1.7B
$9.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLL
COLL
MRP
MRP
Q4 25
$386.7M
$35.0M
Q3 25
$285.9M
$242.6M
Q2 25
$222.2M
$66.6M
Q1 25
$197.8M
$89.5M
Q4 24
$162.8M
Q3 24
$120.0M
Q2 24
$271.6M
Q1 24
$318.0M
Stockholders' Equity
COLL
COLL
MRP
MRP
Q4 25
$301.7M
$5.9B
Q3 25
$274.8M
$5.9B
Q2 25
$232.2M
$5.9B
Q1 25
$234.4M
$5.9B
Q4 24
$228.8M
Q3 24
$234.3M
Q2 24
$216.6M
Q1 24
$222.2M
Total Assets
COLL
COLL
MRP
MRP
Q4 25
$1.7B
$9.3B
Q3 25
$1.6B
$9.0B
Q2 25
$1.6B
$8.0B
Q1 25
$1.6B
$7.2B
Q4 24
$1.7B
Q3 24
$1.6B
Q2 24
$1.1B
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
MRP
MRP
Operating Cash FlowLast quarter
$123.0M
$3.7B
Free Cash FlowOCF − Capex
$122.4M
FCF MarginFCF / Revenue
59.6%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
7.25×
30.05×
TTM Free Cash FlowTrailing 4 quarters
$327.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLL
COLL
MRP
MRP
Q4 25
$123.0M
$3.7B
Q3 25
$78.4M
$123.1M
Q2 25
$72.4M
$109.1M
Q1 25
$55.4M
$21.3M
Q4 24
$84.6M
Q3 24
$-9.0M
Q2 24
$67.4M
Q1 24
$61.9M
Free Cash Flow
COLL
COLL
MRP
MRP
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
MRP
MRP
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
MRP
MRP
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
MRP
MRP
Q4 25
7.25×
30.05×
Q3 25
2.49×
1.17×
Q2 25
6.05×
0.97×
Q1 25
22.92×
0.53×
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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