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

CytomX Therapeutics, Inc. is the larger business by last-quarter revenue ($18.7M vs $12.5M, roughly 1.5× SOLESENCE, INC.). SOLESENCE, INC. runs the higher net margin — 1.3% vs -0.8%, a 2.1% gap on every dollar of revenue. On growth, SOLESENCE, INC. posted the faster year-over-year revenue change (-0.7% vs -25.7%). Over the past eight quarters, SOLESENCE, INC.'s revenue compounded faster (12.5% 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.

CTMX vs SLSN — Head-to-Head

Bigger by revenue
CTMX
CTMX
1.5× larger
CTMX
$18.7M
$12.5M
SLSN
Growing faster (revenue YoY)
SLSN
SLSN
+25.0% gap
SLSN
-0.7%
-25.7%
CTMX
Higher net margin
SLSN
SLSN
2.1% more per $
SLSN
1.3%
-0.8%
CTMX
Faster 2-yr revenue CAGR
SLSN
SLSN
Annualised
SLSN
12.5%
-15.9%
CTMX

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
CTMX
CTMX
SLSN
SLSN
Revenue
$18.7M
$12.5M
Net Profit
$-154.0K
$163.0K
Gross Margin
27.5%
Operating Margin
-6.9%
1.5%
Net Margin
-0.8%
1.3%
Revenue YoY
-25.7%
-0.7%
Net Profit YoY
97.6%
129.2%
EPS (diluted)
$0.00

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
SLSN
SLSN
Q4 25
$12.5M
Q3 25
$14.6M
Q2 25
$18.7M
$20.4M
Q1 25
$50.9M
$14.6M
Q4 24
$38.1M
$12.6M
Q3 24
$33.4M
$16.9M
Q2 24
$25.1M
$13.0M
Q1 24
$41.5M
$9.9M
Net Profit
CTMX
CTMX
SLSN
SLSN
Q4 25
$163.0K
Q3 25
$-1.1M
Q2 25
$-154.0K
$2.7M
Q1 25
$23.5M
$80.0K
Q4 24
$18.9M
$-559.0K
Q3 24
$5.7M
$3.0M
Q2 24
$-6.5M
$856.0K
Q1 24
$13.8M
$893.0K
Gross Margin
CTMX
CTMX
SLSN
SLSN
Q4 25
27.5%
Q3 25
23.1%
Q2 25
28.9%
Q1 25
23.1%
Q4 24
22.0%
Q3 24
36.2%
Q2 24
28.7%
Q1 24
36.3%
Operating Margin
CTMX
CTMX
SLSN
SLSN
Q4 25
1.5%
Q3 25
-5.4%
Q2 25
-6.9%
9.4%
Q1 25
44.4%
1.8%
Q4 24
46.4%
-1.8%
Q3 24
12.3%
19.0%
Q2 24
-33.7%
8.0%
Q1 24
28.1%
11.3%
Net Margin
CTMX
CTMX
SLSN
SLSN
Q4 25
1.3%
Q3 25
-7.7%
Q2 25
-0.8%
13.1%
Q1 25
46.2%
0.5%
Q4 24
49.6%
-4.4%
Q3 24
17.2%
18.1%
Q2 24
-26.0%
6.6%
Q1 24
33.3%
9.0%
EPS (diluted)
CTMX
CTMX
SLSN
SLSN
Q4 25
$0.00
Q3 25
$-0.02
Q2 25
$0.04
Q1 25
$0.00
Q4 24
$0.00
Q3 24
$0.04
Q2 24
$0.01
Q1 24
$0.02

Balance Sheet & Financial Strength

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

Metric
CTMX
CTMX
SLSN
SLSN
Cash + ST InvestmentsLiquidity on hand
$49.0M
$1.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$119.9M
$17.6M
Total Assets
$175.1M
$50.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTMX
CTMX
SLSN
SLSN
Q4 25
$1.3M
Q3 25
$429.0K
Q2 25
$49.0M
$4.1M
Q1 25
$47.6M
$1.8M
Q4 24
$38.1M
$1.4M
Q3 24
$40.6M
$2.9M
Q2 24
$43.2M
$2.4M
Q1 24
$36.2M
$2.0M
Stockholders' Equity
CTMX
CTMX
SLSN
SLSN
Q4 25
$17.6M
Q3 25
$17.2M
Q2 25
$119.9M
$18.2M
Q1 25
$25.0M
$15.2M
Q4 24
$-456.0K
$14.9M
Q3 24
$-23.5M
$15.2M
Q2 24
$-31.2M
$11.9M
Q1 24
$-31.7M
$5.0M
Total Assets
CTMX
CTMX
SLSN
SLSN
Q4 25
$50.1M
Q3 25
$54.0M
Q2 25
$175.1M
$60.0M
Q1 25
$98.5M
$57.0M
Q4 24
$120.5M
$50.0M
Q3 24
$139.0M
$48.0M
Q2 24
$159.2M
$40.8M
Q1 24
$184.7M
$38.5M

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
SLSN
SLSN
Operating Cash FlowLast quarter
$-15.8M
$1.8M
Free Cash FlowOCF − Capex
$-15.8M
FCF MarginFCF / Revenue
-84.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
11.16×
TTM Free Cash FlowTrailing 4 quarters
$-77.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTMX
CTMX
SLSN
SLSN
Q4 25
$1.8M
Q3 25
$-2.5M
Q2 25
$-15.8M
$-654.0K
Q1 25
$-21.0M
$-7.2M
Q4 24
$-19.9M
$2.2M
Q3 24
$-20.7M
$4.2M
Q2 24
$-19.5M
$-565.0K
Q1 24
$-26.0M
$-3.9M
Free Cash Flow
CTMX
CTMX
SLSN
SLSN
Q4 25
Q3 25
Q2 25
$-15.8M
Q1 25
$-21.2M
Q4 24
$-20.0M
$-404.0K
Q3 24
$-20.7M
$2.8M
Q2 24
$-19.6M
$-1.0M
Q1 24
$-26.2M
$-3.9M
FCF Margin
CTMX
CTMX
SLSN
SLSN
Q4 25
Q3 25
Q2 25
-84.6%
Q1 25
-41.6%
Q4 24
-52.5%
-3.2%
Q3 24
-62.1%
16.6%
Q2 24
-78.2%
-8.0%
Q1 24
-63.1%
-39.9%
Capex Intensity
CTMX
CTMX
SLSN
SLSN
Q4 25
Q3 25
Q2 25
0.1%
Q1 25
0.2%
Q4 24
0.2%
20.6%
Q3 24
0.1%
8.3%
Q2 24
0.4%
3.7%
Q1 24
0.3%
0.9%
Cash Conversion
CTMX
CTMX
SLSN
SLSN
Q4 25
11.16×
Q3 25
Q2 25
-0.25×
Q1 25
-0.89×
-90.26×
Q4 24
-1.05×
Q3 24
-3.61×
1.38×
Q2 24
-0.66×
Q1 24
-1.89×
-4.32×

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%

SLSN
SLSN

Segment breakdown not available.

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