vs

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

CytomX Therapeutics, Inc. is the larger business by last-quarter revenue ($18.7M vs $15.2M, roughly 1.2× JOINT Corp). JOINT Corp runs the higher net margin — 6.5% vs -0.8%, a 7.4% gap on every dollar of revenue. On growth, JOINT Corp posted the faster year-over-year revenue change (3.1% vs -25.7%). JOINT Corp produced more free cash flow last quarter ($334.7K vs $-15.8M). Over the past eight quarters, CytomX Therapeutics, Inc.'s revenue compounded faster (-15.9% CAGR vs -28.6%).

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.

The Joint Corp is a leading operator and franchisor of chiropractic care clinics primarily serving the U.S. market. It offers accessible, affordable routine chiropractic services, membership-based care plans, and caters to consumers seeking non-invasive musculoskeletal pain management and wellness support.

CTMX vs JYNT — Head-to-Head

Bigger by revenue
CTMX
CTMX
1.2× larger
CTMX
$18.7M
$15.2M
JYNT
Growing faster (revenue YoY)
JYNT
JYNT
+28.8% gap
JYNT
3.1%
-25.7%
CTMX
Higher net margin
JYNT
JYNT
7.4% more per $
JYNT
6.5%
-0.8%
CTMX
More free cash flow
JYNT
JYNT
$16.1M more FCF
JYNT
$334.7K
$-15.8M
CTMX
Faster 2-yr revenue CAGR
CTMX
CTMX
Annualised
CTMX
-15.9%
-28.6%
JYNT

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
CTMX
CTMX
JYNT
JYNT
Revenue
$18.7M
$15.2M
Net Profit
$-154.0K
$991.1K
Gross Margin
81.4%
Operating Margin
-6.9%
4.9%
Net Margin
-0.8%
6.5%
Revenue YoY
-25.7%
3.1%
Net Profit YoY
97.6%
5510.5%
EPS (diluted)
$0.06

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
JYNT
JYNT
Q4 25
$15.2M
Q3 25
$13.4M
Q2 25
$18.7M
$13.3M
Q1 25
$50.9M
$13.1M
Q4 24
$38.1M
$14.7M
Q3 24
$33.4M
$30.2M
Q2 24
$25.1M
$30.3M
Q1 24
$41.5M
$29.7M
Net Profit
CTMX
CTMX
JYNT
JYNT
Q4 25
$991.1K
Q3 25
$855.0K
Q2 25
$-154.0K
$93.4K
Q1 25
$23.5M
$967.8K
Q4 24
$18.9M
$17.7K
Q3 24
$5.7M
$-3.2M
Q2 24
$-6.5M
$-3.6M
Q1 24
$13.8M
$947.0K
Gross Margin
CTMX
CTMX
JYNT
JYNT
Q4 25
81.4%
Q3 25
80.1%
Q2 25
79.1%
Q1 25
77.3%
Q4 24
78.4%
Q3 24
90.7%
Q2 24
90.7%
Q1 24
90.9%
Operating Margin
CTMX
CTMX
JYNT
JYNT
Q4 25
4.9%
Q3 25
1.2%
Q2 25
-6.9%
-8.6%
Q1 25
44.4%
-5.2%
Q4 24
46.4%
5.5%
Q3 24
12.3%
-1.6%
Q2 24
-33.7%
-5.9%
Q1 24
28.1%
-1.4%
Net Margin
CTMX
CTMX
JYNT
JYNT
Q4 25
6.5%
Q3 25
6.4%
Q2 25
-0.8%
0.7%
Q1 25
46.2%
7.4%
Q4 24
49.6%
0.1%
Q3 24
17.2%
-10.5%
Q2 24
-26.0%
-11.9%
Q1 24
33.3%
3.2%
EPS (diluted)
CTMX
CTMX
JYNT
JYNT
Q4 25
$0.06
Q3 25
$0.06
Q2 25
$0.01
Q1 25
$0.06
Q4 24
$0.01
Q3 24
$-0.21
Q2 24
$-0.24
Q1 24
$0.06

Balance Sheet & Financial Strength

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

Metric
CTMX
CTMX
JYNT
JYNT
Cash + ST InvestmentsLiquidity on hand
$49.0M
$23.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$119.9M
$15.1M
Total Assets
$175.1M
$61.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTMX
CTMX
JYNT
JYNT
Q4 25
$23.6M
Q3 25
$29.7M
Q2 25
$49.0M
$29.8M
Q1 25
$47.6M
$21.9M
Q4 24
$38.1M
$25.1M
Q3 24
$40.6M
$20.7M
Q2 24
$43.2M
$17.5M
Q1 24
$36.2M
$18.7M
Stockholders' Equity
CTMX
CTMX
JYNT
JYNT
Q4 25
$15.1M
Q3 25
$22.7M
Q2 25
$119.9M
$23.2M
Q1 25
$25.0M
$22.8M
Q4 24
$-456.0K
$20.7M
Q3 24
$-23.5M
$20.5M
Q2 24
$-31.2M
$23.2M
Q1 24
$-31.7M
$26.2M
Total Assets
CTMX
CTMX
JYNT
JYNT
Q4 25
$61.0M
Q3 25
$69.4M
Q2 25
$175.1M
$73.2M
Q1 25
$98.5M
$80.1M
Q4 24
$120.5M
$83.2M
Q3 24
$139.0M
$79.6M
Q2 24
$159.2M
$82.4M
Q1 24
$184.7M
$85.7M

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
JYNT
JYNT
Operating Cash FlowLast quarter
$-15.8M
$1.8M
Free Cash FlowOCF − Capex
$-15.8M
$334.7K
FCF MarginFCF / Revenue
-84.6%
2.2%
Capex IntensityCapex / Revenue
0.1%
9.9%
Cash ConversionOCF / Net Profit
1.86×
TTM Free Cash FlowTrailing 4 quarters
$-77.7M
$-1.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTMX
CTMX
JYNT
JYNT
Q4 25
$1.8M
Q3 25
$1.8M
Q2 25
$-15.8M
$868.6K
Q1 25
$-21.0M
$-3.7M
Q4 24
$-19.9M
$9.4M
Q3 24
$-20.7M
$3.4M
Q2 24
$-19.5M
$-973.5K
Q1 24
$-26.0M
$2.8M
Free Cash Flow
CTMX
CTMX
JYNT
JYNT
Q4 25
$334.7K
Q3 25
$1.5M
Q2 25
$-15.8M
$363.6K
Q1 25
$-21.2M
$-4.0M
Q4 24
$-20.0M
$8.2M
Q3 24
$-20.7M
$3.2M
Q2 24
$-19.6M
$-1.2M
Q1 24
$-26.2M
$2.4M
FCF Margin
CTMX
CTMX
JYNT
JYNT
Q4 25
2.2%
Q3 25
10.9%
Q2 25
-84.6%
2.7%
Q1 25
-41.6%
-30.8%
Q4 24
-52.5%
55.9%
Q3 24
-62.1%
10.6%
Q2 24
-78.2%
-4.1%
Q1 24
-63.1%
8.1%
Capex Intensity
CTMX
CTMX
JYNT
JYNT
Q4 25
9.9%
Q3 25
2.4%
Q2 25
0.1%
3.8%
Q1 25
0.2%
2.5%
Q4 24
0.2%
8.1%
Q3 24
0.1%
0.8%
Q2 24
0.4%
0.9%
Q1 24
0.3%
1.3%
Cash Conversion
CTMX
CTMX
JYNT
JYNT
Q4 25
1.86×
Q3 25
2.07×
Q2 25
9.30×
Q1 25
-0.89×
-3.82×
Q4 24
-1.05×
532.98×
Q3 24
-3.61×
Q2 24
Q1 24
-1.89×
2.97×

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%

JYNT
JYNT

Transferred At Point In Time$12.8M84%
Transferred Over Time$2.4M16%

Related Comparisons