vs

Side-by-side financial comparison of CytomX Therapeutics, Inc. (CTMX) and iPower Inc. (IPW). Click either name above to swap in a different company.

CytomX Therapeutics, Inc. is the larger business by last-quarter revenue ($18.7M vs $12.0M, roughly 1.6× iPower Inc.). On growth, CytomX Therapeutics, Inc. posted the faster year-over-year revenue change (-25.7% vs -36.8%).

CytomX Therapeutics is a clinical-stage biotechnology company specializing in innovative cancer immunotherapies. It leverages its proprietary Probody technology platform to develop targeted therapies that activate exclusively in tumor microenvironments, minimizing off-target toxicities, with a pipeline covering multiple solid tumor indications and partnerships with leading global pharmaceutical firms.

American Electric Power Company, Inc. is an American domestic electric utility company in the United States. It is one of the largest electric utility companies in the country, with more than five million customers in 11 states.

CTMX vs IPW — Head-to-Head

Bigger by revenue
CTMX
CTMX
1.6× larger
CTMX
$18.7M
$12.0M
IPW
Growing faster (revenue YoY)
CTMX
CTMX
+11.1% gap
CTMX
-25.7%
-36.8%
IPW

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
CTMX
CTMX
IPW
IPW
Revenue
$18.7M
$12.0M
Net Profit
$-154.0K
Gross Margin
40.0%
Operating Margin
-6.9%
-14.1%
Net Margin
-0.8%
Revenue YoY
-25.7%
-36.8%
Net Profit YoY
97.6%
EPS (diluted)
$-0.51

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
CTMX
CTMX
IPW
IPW
Q3 25
$12.0M
Q2 25
$18.7M
Q1 25
$50.9M
Q4 24
$38.1M
Q3 24
$33.4M
Q2 24
$25.1M
Q1 24
$41.5M
Q4 23
$26.6M
Net Profit
CTMX
CTMX
IPW
IPW
Q3 25
Q2 25
$-154.0K
Q1 25
$23.5M
Q4 24
$18.9M
Q3 24
$5.7M
Q2 24
$-6.5M
Q1 24
$13.8M
Q4 23
$837.0K
Gross Margin
CTMX
CTMX
IPW
IPW
Q3 25
40.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Operating Margin
CTMX
CTMX
IPW
IPW
Q3 25
-14.1%
Q2 25
-6.9%
Q1 25
44.4%
Q4 24
46.4%
Q3 24
12.3%
Q2 24
-33.7%
Q1 24
28.1%
Q4 23
-2.3%
Net Margin
CTMX
CTMX
IPW
IPW
Q3 25
Q2 25
-0.8%
Q1 25
46.2%
Q4 24
49.6%
Q3 24
17.2%
Q2 24
-26.0%
Q1 24
33.3%
Q4 23
3.1%
EPS (diluted)
CTMX
CTMX
IPW
IPW
Q3 25
$-0.51
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23

Balance Sheet & Financial Strength

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

Metric
CTMX
CTMX
IPW
IPW
Cash + ST InvestmentsLiquidity on hand
$49.0M
$904.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$119.9M
$17.9M
Total Assets
$175.1M
$28.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTMX
CTMX
IPW
IPW
Q3 25
$904.0K
Q2 25
$49.0M
Q1 25
$47.6M
Q4 24
$38.1M
Q3 24
$40.6M
Q2 24
$43.2M
Q1 24
$36.2M
Q4 23
$17.2M
Stockholders' Equity
CTMX
CTMX
IPW
IPW
Q3 25
$17.9M
Q2 25
$119.9M
Q1 25
$25.0M
Q4 24
$-456.0K
Q3 24
$-23.5M
Q2 24
$-31.2M
Q1 24
$-31.7M
Q4 23
$-47.4M
Total Assets
CTMX
CTMX
IPW
IPW
Q3 25
$28.6M
Q2 25
$175.1M
Q1 25
$98.5M
Q4 24
$120.5M
Q3 24
$139.0M
Q2 24
$159.2M
Q1 24
$184.7M
Q4 23
$201.8M

Cash Flow & Capital Efficiency

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

Metric
CTMX
CTMX
IPW
IPW
Operating Cash FlowLast quarter
$-15.8M
$1.7M
Free Cash FlowOCF − Capex
$-15.8M
FCF MarginFCF / Revenue
-84.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-77.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTMX
CTMX
IPW
IPW
Q3 25
$1.7M
Q2 25
$-15.8M
Q1 25
$-21.0M
Q4 24
$-19.9M
Q3 24
$-20.7M
Q2 24
$-19.5M
Q1 24
$-26.0M
Q4 23
$-22.0M
Free Cash Flow
CTMX
CTMX
IPW
IPW
Q3 25
Q2 25
$-15.8M
Q1 25
$-21.2M
Q4 24
$-20.0M
Q3 24
$-20.7M
Q2 24
$-19.6M
Q1 24
$-26.2M
Q4 23
$-22.2M
FCF Margin
CTMX
CTMX
IPW
IPW
Q3 25
Q2 25
-84.6%
Q1 25
-41.6%
Q4 24
-52.5%
Q3 24
-62.1%
Q2 24
-78.2%
Q1 24
-63.1%
Q4 23
-83.5%
Capex Intensity
CTMX
CTMX
IPW
IPW
Q3 25
Q2 25
0.1%
Q1 25
0.2%
Q4 24
0.2%
Q3 24
0.1%
Q2 24
0.4%
Q1 24
0.3%
Q4 23
1.0%
Cash Conversion
CTMX
CTMX
IPW
IPW
Q3 25
Q2 25
Q1 25
-0.89×
Q4 24
-1.05×
Q3 24
-3.61×
Q2 24
Q1 24
-1.89×
Q4 23
-26.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CTMX
CTMX

Bristol Myers Squibb Company$11.6M62%
Astellas Pharma Inc$4.6M25%
Regeneron Pharmaceuticals Inc$2.1M11%

IPW
IPW

Products$10.5M87%
Services$1.5M13%

Related Comparisons