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Side-by-side financial comparison of Criteo S.A. (CRTO) and Royalty Pharma plc (RPRX). Click either name above to swap in a different company.

Royalty Pharma plc is the larger business by last-quarter revenue ($622.0M vs $482.7M, roughly 1.3× Criteo S.A.). Royalty Pharma plc runs the higher net margin — 34.4% vs 4.4%, a 30.0% gap on every dollar of revenue. On growth, Royalty Pharma plc posted the faster year-over-year revenue change (4.8% vs 2.4%). Over the past eight quarters, Royalty Pharma plc's revenue compounded faster (4.6% CAGR vs 1.4%).

Criteo S.A. is an advertising company that provides online display advertisements. The company was founded and is headquartered in Paris, France.

Acceleron Pharma, Inc. is an American clinical stage biopharmaceutical company based in Cambridge, Massachusetts with a broad focus on developing medicines that regulate the transforming growth factor beta (TGF-β) superfamily of proteins, which play fundamental roles in the growth and repair of cells and tissues such as red blood cells, muscle, bone, and blood vessels.

CRTO vs RPRX — Head-to-Head

Bigger by revenue
RPRX
RPRX
1.3× larger
RPRX
$622.0M
$482.7M
CRTO
Growing faster (revenue YoY)
RPRX
RPRX
+2.4% gap
RPRX
4.8%
2.4%
CRTO
Higher net margin
RPRX
RPRX
30.0% more per $
RPRX
34.4%
4.4%
CRTO
Faster 2-yr revenue CAGR
RPRX
RPRX
Annualised
RPRX
4.6%
1.4%
CRTO

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
CRTO
CRTO
RPRX
RPRX
Revenue
$482.7M
$622.0M
Net Profit
$21.3M
$214.2M
Gross Margin
53.6%
Operating Margin
6.3%
62.4%
Net Margin
4.4%
34.4%
Revenue YoY
2.4%
4.8%
Net Profit YoY
-21.3%
2.9%
EPS (diluted)
$0.39
$0.49

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
CRTO
CRTO
RPRX
RPRX
Q4 25
$622.0M
Q3 25
$609.3M
Q2 25
$482.7M
$578.7M
Q1 25
$451.4M
$568.2M
Q4 24
$553.0M
$593.6M
Q3 24
$458.9M
$564.7M
Q2 24
$471.3M
$537.3M
Q1 24
$450.1M
$568.0M
Net Profit
CRTO
CRTO
RPRX
RPRX
Q4 25
$214.2M
Q3 25
$288.2M
Q2 25
$21.3M
$30.2M
Q1 25
$37.9M
$238.3M
Q4 24
$71.1M
$208.2M
Q3 24
$6.2M
$544.0M
Q2 24
$27.0M
$102.0M
Q1 24
$7.2M
$4.8M
Gross Margin
CRTO
CRTO
RPRX
RPRX
Q4 25
Q3 25
Q2 25
53.6%
Q1 25
52.5%
Q4 24
54.4%
Q3 24
50.5%
Q2 24
49.4%
Q1 24
48.3%
Operating Margin
CRTO
CRTO
RPRX
RPRX
Q4 25
62.4%
Q3 25
70.1%
Q2 25
6.3%
36.3%
Q1 25
10.7%
94.0%
Q4 24
17.1%
60.9%
Q3 24
2.1%
Q2 24
7.8%
50.2%
Q1 24
2.3%
-13.0%
Net Margin
CRTO
CRTO
RPRX
RPRX
Q4 25
34.4%
Q3 25
47.3%
Q2 25
4.4%
5.2%
Q1 25
8.4%
41.9%
Q4 24
12.9%
35.1%
Q3 24
1.4%
96.3%
Q2 24
5.7%
19.0%
Q1 24
1.6%
0.8%
EPS (diluted)
CRTO
CRTO
RPRX
RPRX
Q4 25
$0.49
Q3 25
$0.67
Q2 25
$0.39
$0.07
Q1 25
$0.66
$0.55
Q4 24
$1.21
$0.46
Q3 24
$0.11
$1.21
Q2 24
$0.46
$0.23
Q1 24
$0.12
$0.01

Balance Sheet & Financial Strength

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

Metric
CRTO
CRTO
RPRX
RPRX
Cash + ST InvestmentsLiquidity on hand
$223.6M
$618.7M
Total DebtLower is stronger
$9.0B
Stockholders' EquityBook value
$1.1B
$9.7B
Total Assets
$2.1B
$19.6B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRTO
CRTO
RPRX
RPRX
Q4 25
$618.7M
Q3 25
$938.9M
Q2 25
$223.6M
$631.9M
Q1 25
$313.2M
$1.1B
Q4 24
$316.9M
$929.0M
Q3 24
$231.8M
$950.1M
Q2 24
$233.2M
$1.8B
Q1 24
$278.1M
$843.0M
Total Debt
CRTO
CRTO
RPRX
RPRX
Q4 25
$9.0B
Q3 25
$8.9B
Q2 25
$8.0B
Q1 25
$7.6B
Q4 24
$7.6B
Q3 24
$7.6B
Q2 24
$7.6B
Q1 24
$6.1B
Stockholders' Equity
CRTO
CRTO
RPRX
RPRX
Q4 25
$9.7B
Q3 25
$9.6B
Q2 25
$1.1B
$9.5B
Q1 25
$1.1B
$9.8B
Q4 24
$1.0B
$10.3B
Q3 24
$1.1B
$10.3B
Q2 24
$1.0B
$9.8B
Q1 24
$1.0B
$9.9B
Total Assets
CRTO
CRTO
RPRX
RPRX
Q4 25
$19.6B
Q3 25
$19.3B
Q2 25
$2.1B
$18.3B
Q1 25
$2.1B
$17.6B
Q4 24
$2.3B
$18.2B
Q3 24
$2.2B
$18.0B
Q2 24
$2.2B
$17.7B
Q1 24
$2.2B
$16.1B
Debt / Equity
CRTO
CRTO
RPRX
RPRX
Q4 25
0.92×
Q3 25
0.93×
Q2 25
0.84×
Q1 25
0.78×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.78×
Q1 24
0.62×

Cash Flow & Capital Efficiency

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

Metric
CRTO
CRTO
RPRX
RPRX
Operating Cash FlowLast quarter
$-1.4M
$827.1M
Free Cash FlowOCF − Capex
$-36.6M
FCF MarginFCF / Revenue
-7.6%
Capex IntensityCapex / Revenue
7.3%
Cash ConversionOCF / Net Profit
-0.07×
3.86×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRTO
CRTO
RPRX
RPRX
Q4 25
$827.1M
Q3 25
$702.6M
Q2 25
$-1.4M
$364.0M
Q1 25
$62.3M
$596.1M
Q4 24
$169.5M
$742.5M
Q3 24
$57.5M
$703.6M
Q2 24
$17.2M
$658.2M
Q1 24
$14.0M
$664.6M
Free Cash Flow
CRTO
CRTO
RPRX
RPRX
Q4 25
Q3 25
Q2 25
$-36.6M
Q1 25
$45.3M
Q4 24
Q3 24
Q2 24
$-4.0M
Q1 24
$173.0K
FCF Margin
CRTO
CRTO
RPRX
RPRX
Q4 25
Q3 25
Q2 25
-7.6%
Q1 25
10.0%
Q4 24
Q3 24
Q2 24
-0.9%
Q1 24
0.0%
Capex Intensity
CRTO
CRTO
RPRX
RPRX
Q4 25
Q3 25
Q2 25
7.3%
Q1 25
3.8%
Q4 24
Q3 24
Q2 24
4.5%
Q1 24
3.1%
Cash Conversion
CRTO
CRTO
RPRX
RPRX
Q4 25
3.86×
Q3 25
2.44×
Q2 25
-0.07×
12.06×
Q1 25
1.64×
2.50×
Q4 24
2.38×
3.57×
Q3 24
9.21×
1.29×
Q2 24
0.64×
6.45×
Q1 24
1.93×
139.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRTO
CRTO

Commerce Growth$393.9M82%
Retail Media$60.9M13%
Other$27.9M6%

RPRX
RPRX

Financial Royalty Assets$592.4M95%
Royalty Income Other$29.6M5%

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