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Side-by-side financial comparison of California Resources Corp (CRC) and Mirum Pharmaceuticals, Inc. (MIRM). Click either name above to swap in a different company.

Mirum Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($148.9M vs $119.0M, roughly 1.3× California Resources Corp). Mirum Pharmaceuticals, Inc. produced more free cash flow last quarter ($5.5M vs $-32.0M). Over the past eight quarters, Mirum Pharmaceuticals, Inc.'s revenue compounded faster (46.7% CAGR vs -46.3%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

Mirum Pharmaceuticals, Inc. is a late-stage biopharmaceutical company focused on developing and commercializing innovative therapies for patients with rare, debilitating liver diseases that have high unmet medical needs, serving both pediatric and adult patient groups across North America, Europe and other global regions.

CRC vs MIRM — Head-to-Head

Bigger by revenue
MIRM
MIRM
1.3× larger
MIRM
$148.9M
$119.0M
CRC
More free cash flow
MIRM
MIRM
$37.5M more FCF
MIRM
$5.5M
$-32.0M
CRC
Faster 2-yr revenue CAGR
MIRM
MIRM
Annualised
MIRM
46.7%
-46.3%
CRC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CRC
CRC
MIRM
MIRM
Revenue
$119.0M
$148.9M
Net Profit
$-5.7M
Gross Margin
Operating Margin
-597.5%
-3.1%
Net Margin
-3.8%
Revenue YoY
49.8%
Net Profit YoY
75.9%
EPS (diluted)
$-8.02
$-0.10

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
CRC
CRC
MIRM
MIRM
Q1 26
$119.0M
Q4 25
$679.0M
$148.9M
Q3 25
$715.0M
$133.0M
Q2 25
$702.0M
$127.8M
Q1 25
$814.0M
$111.6M
Q4 24
$826.0M
$99.4M
Q3 24
$870.0M
$90.4M
Q2 24
$412.0M
$77.9M
Net Profit
CRC
CRC
MIRM
MIRM
Q1 26
Q4 25
$12.0M
$-5.7M
Q3 25
$64.0M
$2.9M
Q2 25
$172.0M
$-5.9M
Q1 25
$115.0M
$-14.7M
Q4 24
$33.0M
$-23.8M
Q3 24
$345.0M
$-14.2M
Q2 24
$8.0M
$-24.6M
Operating Margin
CRC
CRC
MIRM
MIRM
Q1 26
-597.5%
Q4 25
6.9%
-3.1%
Q3 25
13.7%
2.0%
Q2 25
38.0%
-3.9%
Q1 25
22.9%
-13.6%
Q4 24
8.2%
-24.4%
Q3 24
59.5%
-14.0%
Q2 24
9.2%
-31.1%
Net Margin
CRC
CRC
MIRM
MIRM
Q1 26
Q4 25
1.8%
-3.8%
Q3 25
9.0%
2.2%
Q2 25
24.5%
-4.6%
Q1 25
14.1%
-13.2%
Q4 24
4.0%
-23.9%
Q3 24
39.7%
-15.8%
Q2 24
1.9%
-31.6%
EPS (diluted)
CRC
CRC
MIRM
MIRM
Q1 26
$-8.02
Q4 25
$0.21
$-0.10
Q3 25
$0.76
$0.05
Q2 25
$1.92
$-0.12
Q1 25
$1.26
$-0.30
Q4 24
$0.87
$-0.49
Q3 24
$3.78
$-0.30
Q2 24
$0.11
$-0.52

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
MIRM
MIRM
Cash + ST InvestmentsLiquidity on hand
$383.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$314.7M
Total Assets
$842.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
MIRM
MIRM
Q1 26
Q4 25
$132.0M
$383.3M
Q3 25
$196.0M
$375.5M
Q2 25
$72.0M
$304.6M
Q1 25
$214.0M
$277.7M
Q4 24
$372.0M
$280.3M
Q3 24
$241.0M
$284.4M
Q2 24
$1.0B
$278.4M
Total Debt
CRC
CRC
MIRM
MIRM
Q1 26
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CRC
CRC
MIRM
MIRM
Q1 26
$2.9B
Q4 25
$3.7B
$314.7M
Q3 25
$3.4B
$292.0M
Q2 25
$3.4B
$255.2M
Q1 25
$3.5B
$233.3M
Q4 24
$3.5B
$225.6M
Q3 24
$3.5B
$232.0M
Q2 24
$2.1B
$229.0M
Total Assets
CRC
CRC
MIRM
MIRM
Q1 26
Q4 25
$7.4B
$842.8M
Q3 25
$6.8B
$785.1M
Q2 25
$6.7B
$725.8M
Q1 25
$6.8B
$690.2M
Q4 24
$7.1B
$670.8M
Q3 24
$7.1B
$667.9M
Q2 24
$4.5B
$660.8M
Debt / Equity
CRC
CRC
MIRM
MIRM
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
CRC
CRC
MIRM
MIRM
Operating Cash FlowLast quarter
$99.0M
$6.1M
Free Cash FlowOCF − Capex
$-32.0M
$5.5M
FCF MarginFCF / Revenue
-26.9%
3.7%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$380.0M
$54.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
MIRM
MIRM
Q1 26
$99.0M
Q4 25
$235.0M
$6.1M
Q3 25
$279.0M
$39.7M
Q2 25
$165.0M
$12.0M
Q1 25
$186.0M
$-2.0M
Q4 24
$206.0M
$-5.1M
Q3 24
$220.0M
$4.0M
Q2 24
$97.0M
$-3.8M
Free Cash Flow
CRC
CRC
MIRM
MIRM
Q1 26
$-32.0M
Q4 25
$115.0M
$5.5M
Q3 25
$188.0M
$39.5M
Q2 25
$109.0M
$11.9M
Q1 25
$131.0M
$-2.0M
Q4 24
$118.0M
$-5.1M
Q3 24
$141.0M
$3.8M
Q2 24
$63.0M
$-4.6M
FCF Margin
CRC
CRC
MIRM
MIRM
Q1 26
-26.9%
Q4 25
16.9%
3.7%
Q3 25
26.3%
29.7%
Q2 25
15.5%
9.3%
Q1 25
16.1%
-1.8%
Q4 24
14.3%
-5.1%
Q3 24
16.2%
4.2%
Q2 24
15.3%
-5.9%
Capex Intensity
CRC
CRC
MIRM
MIRM
Q1 26
Q4 25
17.7%
0.4%
Q3 25
12.7%
0.1%
Q2 25
8.0%
0.1%
Q1 25
6.8%
0.0%
Q4 24
10.7%
0.0%
Q3 24
9.1%
0.2%
Q2 24
8.3%
1.0%
Cash Conversion
CRC
CRC
MIRM
MIRM
Q1 26
Q4 25
19.58×
Q3 25
4.36×
13.66×
Q2 25
0.96×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRC
CRC

Segment breakdown not available.

MIRM
MIRM

Livmarli$106.4M71%
Bile Acid Medicines$42.5M29%

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