vs

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

CytomX Therapeutics, Inc. is the larger business by last-quarter revenue ($18.7M vs $11.0M, roughly 1.7× Arcus Biosciences, Inc.). CytomX Therapeutics, Inc. runs the higher net margin — -0.8% vs -963.6%, a 962.8% gap on every dollar of revenue. On growth, CytomX Therapeutics, Inc. posted the faster year-over-year revenue change (-25.7% vs -52.2%). CytomX Therapeutics, Inc. produced more free cash flow last quarter ($-15.8M vs $-121.0M). Over the past eight quarters, Arcus Biosciences, Inc.'s revenue compounded faster (4.9% CAGR vs -15.9%).

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.

Precision BioSciences, Inc. is a publicly traded American clinical stage gene editing company headquartered in Durham, North Carolina. Founded in 2006, Precision is focused on developing both in vivo and ex vivo gene editing therapies using its proprietary "ARCUS" genome editing platform.

CTMX vs RCUS — Head-to-Head

Bigger by revenue
CTMX
CTMX
1.7× larger
CTMX
$18.7M
$11.0M
RCUS
Growing faster (revenue YoY)
CTMX
CTMX
+26.5% gap
CTMX
-25.7%
-52.2%
RCUS
Higher net margin
CTMX
CTMX
962.8% more per $
CTMX
-0.8%
-963.6%
RCUS
More free cash flow
CTMX
CTMX
$105.2M more FCF
CTMX
$-15.8M
$-121.0M
RCUS
Faster 2-yr revenue CAGR
RCUS
RCUS
Annualised
RCUS
4.9%
-15.9%
CTMX

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
CTMX
CTMX
RCUS
RCUS
Revenue
$18.7M
$11.0M
Net Profit
$-154.0K
$-106.0M
Gross Margin
Operating Margin
-6.9%
-1036.4%
Net Margin
-0.8%
-963.6%
Revenue YoY
-25.7%
-52.2%
Net Profit YoY
97.6%
-12.8%
EPS (diluted)
$-0.88

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
RCUS
RCUS
Q4 25
$11.0M
Q3 25
$6.0M
Q2 25
$18.7M
$8.0M
Q1 25
$50.9M
$8.0M
Q4 24
$38.1M
$23.0M
Q3 24
$33.4M
$7.0M
Q2 24
$25.1M
$11.0M
Q1 24
$41.5M
$10.0M
Net Profit
CTMX
CTMX
RCUS
RCUS
Q4 25
$-106.0M
Q3 25
$-135.0M
Q2 25
$-154.0K
$0
Q1 25
$23.5M
$-112.0M
Q4 24
$18.9M
$-94.0M
Q3 24
$5.7M
$-92.0M
Q2 24
$-6.5M
$-93.0M
Q1 24
$13.8M
$-4.0M
Operating Margin
CTMX
CTMX
RCUS
RCUS
Q4 25
-1036.4%
Q3 25
-2366.7%
Q2 25
-6.9%
-100.0%
Q1 25
44.4%
-1525.0%
Q4 24
46.4%
-447.8%
Q3 24
12.3%
-1500.0%
Q2 24
-33.7%
-963.6%
Q1 24
28.1%
-160.0%
Net Margin
CTMX
CTMX
RCUS
RCUS
Q4 25
-963.6%
Q3 25
-2250.0%
Q2 25
-0.8%
Q1 25
46.2%
-1400.0%
Q4 24
49.6%
-408.7%
Q3 24
17.2%
-1314.3%
Q2 24
-26.0%
-845.5%
Q1 24
33.3%
-40.0%
EPS (diluted)
CTMX
CTMX
RCUS
RCUS
Q4 25
$-0.88
Q3 25
$-1.27
Q2 25
$0.00
Q1 25
$-1.14
Q4 24
$-1.07
Q3 24
$-1.00
Q2 24
$-1.02
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
CTMX
CTMX
RCUS
RCUS
Cash + ST InvestmentsLiquidity on hand
$49.0M
$222.0M
Total DebtLower is stronger
$99.0M
Stockholders' EquityBook value
$119.9M
$631.0M
Total Assets
$175.1M
$1.1B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTMX
CTMX
RCUS
RCUS
Q4 25
$222.0M
Q3 25
$238.0M
Q2 25
$49.0M
$248.0M
Q1 25
$47.6M
$192.0M
Q4 24
$38.1M
$150.0M
Q3 24
$40.6M
$201.0M
Q2 24
$43.2M
$156.0M
Q1 24
$36.2M
$185.0M
Total Debt
CTMX
CTMX
RCUS
RCUS
Q4 25
$99.0M
Q3 25
$98.0M
Q2 25
$97.0M
Q1 25
$48.0M
Q4 24
$48.0M
Q3 24
$47.0M
Q2 24
Q1 24
Stockholders' Equity
CTMX
CTMX
RCUS
RCUS
Q4 25
$631.0M
Q3 25
$436.0M
Q2 25
$119.9M
$549.0M
Q1 25
$25.0M
$531.0M
Q4 24
$-456.0K
$485.0M
Q3 24
$-23.5M
$565.0M
Q2 24
$-31.2M
$635.0M
Q1 24
$-31.7M
$707.0M
Total Assets
CTMX
CTMX
RCUS
RCUS
Q4 25
$1.1B
Q3 25
$974.0M
Q2 25
$175.1M
$1.1B
Q1 25
$98.5M
$1.2B
Q4 24
$120.5M
$1.1B
Q3 24
$139.0M
$1.3B
Q2 24
$159.2M
$1.2B
Q1 24
$184.7M
$1.3B
Debt / Equity
CTMX
CTMX
RCUS
RCUS
Q4 25
0.16×
Q3 25
0.22×
Q2 25
0.18×
Q1 25
0.09×
Q4 24
0.10×
Q3 24
0.08×
Q2 24
Q1 24

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
RCUS
RCUS
Operating Cash FlowLast quarter
$-15.8M
$-120.0M
Free Cash FlowOCF − Capex
$-15.8M
$-121.0M
FCF MarginFCF / Revenue
-84.6%
-1100.0%
Capex IntensityCapex / Revenue
0.1%
9.1%
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
RCUS
RCUS
Q4 25
$-120.0M
Q3 25
$-97.0M
Q2 25
$-15.8M
$-133.0M
Q1 25
$-21.0M
$-132.0M
Q4 24
$-19.9M
$-100.0M
Q3 24
$-20.7M
$26.0M
Q2 24
$-19.5M
$-94.0M
Q1 24
$-26.0M
$-2.0M
Free Cash Flow
CTMX
CTMX
RCUS
RCUS
Q4 25
$-121.0M
Q3 25
Q2 25
$-15.8M
Q1 25
$-21.2M
$-133.0M
Q4 24
$-20.0M
$-101.0M
Q3 24
$-20.7M
$25.0M
Q2 24
$-19.6M
Q1 24
$-26.2M
$-6.0M
FCF Margin
CTMX
CTMX
RCUS
RCUS
Q4 25
-1100.0%
Q3 25
Q2 25
-84.6%
Q1 25
-41.6%
-1662.5%
Q4 24
-52.5%
-439.1%
Q3 24
-62.1%
357.1%
Q2 24
-78.2%
Q1 24
-63.1%
-60.0%
Capex Intensity
CTMX
CTMX
RCUS
RCUS
Q4 25
9.1%
Q3 25
0.0%
Q2 25
0.1%
0.0%
Q1 25
0.2%
12.5%
Q4 24
0.2%
4.3%
Q3 24
0.1%
14.3%
Q2 24
0.4%
0.0%
Q1 24
0.3%
40.0%
Cash Conversion
CTMX
CTMX
RCUS
RCUS
Q4 25
Q3 25
Q2 25
Q1 25
-0.89×
Q4 24
-1.05×
Q3 24
-3.61×
Q2 24
Q1 24
-1.89×

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%

RCUS
RCUS

Other$5.0M45%
Other Collaboration Revenue$4.0M36%
Access Rights And Option Continuation Periods$2.0M18%

Related Comparisons