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Side-by-side financial comparison of Cue Biopharma, Inc. (CUE) and GENCOR INDUSTRIES INC (GENC). Click either name above to swap in a different company.

GENCOR INDUSTRIES INC is the larger business by last-quarter revenue ($23.6M vs $21.9M, roughly 1.1× Cue Biopharma, Inc.). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs 7.2%, a 7.4% gap on every dollar of revenue. On growth, Cue Biopharma, Inc. posted the faster year-over-year revenue change (1292.3% vs -25.0%). Over the past eight quarters, Cue Biopharma, Inc.'s revenue compounded faster (257.5% CAGR vs -23.9%).

Cue Biopharma is a clinical-stage biotechnology company focused on developing novel targeted immunotherapies for cancer, autoimmune disorders, and inflammatory diseases. Its proprietary platform enables precise T-cell activity modulation, with core operations in North America and global pharma partnerships to advance lead product candidates through clinical trials.

Gencor Industries Inc is a leading manufacturer of heavy construction and infrastructure equipment, specializing in asphalt production plants, thermal combustion systems, and supporting road-building machinery. It primarily serves North American and global construction markets, supplying products to both public sector infrastructure projects and private commercial construction operators.

CUE vs GENC — Head-to-Head

Bigger by revenue
GENC
GENC
1.1× larger
GENC
$23.6M
$21.9M
CUE
Growing faster (revenue YoY)
CUE
CUE
+1317.2% gap
CUE
1292.3%
-25.0%
GENC
Higher net margin
GENC
GENC
7.4% more per $
GENC
14.6%
7.2%
CUE
Faster 2-yr revenue CAGR
CUE
CUE
Annualised
CUE
257.5%
-23.9%
GENC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CUE
CUE
GENC
GENC
Revenue
$21.9M
$23.6M
Net Profit
$1.6M
$3.4M
Gross Margin
28.7%
Operating Margin
9.0%
13.2%
Net Margin
7.2%
14.6%
Revenue YoY
1292.3%
-25.0%
Net Profit YoY
116.7%
-9.8%
EPS (diluted)
$0.05
$0.23

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
CUE
CUE
GENC
GENC
Q4 25
$21.9M
$23.6M
Q3 25
$2.1M
$18.8M
Q2 25
$3.0M
$27.0M
Q1 25
$421.0K
$38.2M
Q4 24
$1.6M
$31.4M
Q3 24
$3.3M
$20.9M
Q2 24
$2.7M
$25.6M
Q1 24
$1.7M
$40.7M
Net Profit
CUE
CUE
GENC
GENC
Q4 25
$1.6M
$3.4M
Q3 25
$-7.4M
$1.9M
Q2 25
$-8.5M
$3.8M
Q1 25
$-12.3M
$6.1M
Q4 24
$3.8M
Q3 24
$-8.7M
$1.5M
Q2 24
$-10.2M
$2.6M
Q1 24
$-12.3M
$6.2M
Gross Margin
CUE
CUE
GENC
GENC
Q4 25
28.7%
Q3 25
24.2%
Q2 25
26.5%
Q1 25
29.7%
Q4 24
27.6%
Q3 24
25.6%
Q2 24
23.9%
Q1 24
30.3%
Operating Margin
CUE
CUE
GENC
GENC
Q4 25
9.0%
13.2%
Q3 25
-353.4%
-1.2%
Q2 25
-292.3%
11.6%
Q1 25
-2921.4%
17.0%
Q4 24
14.7%
Q3 24
-264.2%
5.9%
Q2 24
-390.6%
7.8%
Q1 24
-737.8%
17.4%
Net Margin
CUE
CUE
GENC
GENC
Q4 25
7.2%
14.6%
Q3 25
-346.6%
10.2%
Q2 25
-287.1%
14.2%
Q1 25
-2911.4%
16.0%
Q4 24
12.1%
Q3 24
-259.6%
6.9%
Q2 24
-382.7%
10.0%
Q1 24
-719.1%
15.3%
EPS (diluted)
CUE
CUE
GENC
GENC
Q4 25
$0.05
$0.23
Q3 25
$-0.07
$0.13
Q2 25
$-0.09
$0.26
Q1 25
$-0.17
$0.42
Q4 24
$0.26
Q3 24
$-0.17
$0.10
Q2 24
$-0.20
$0.17
Q1 24
$-0.25
$0.42

Balance Sheet & Financial Strength

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

Metric
CUE
CUE
GENC
GENC
Cash + ST InvestmentsLiquidity on hand
$27.1M
$147.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$26.4M
$215.2M
Total Assets
$42.2M
$228.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CUE
CUE
GENC
GENC
Q4 25
$27.1M
$147.7M
Q3 25
$11.7M
$136.3M
Q2 25
$27.5M
$136.0M
Q1 25
$13.1M
$143.7M
Q4 24
$22.5M
$130.1M
Q3 24
$32.4M
$115.4M
Q2 24
$30.0M
$116.6M
Q1 24
$41.0M
$117.1M
Total Debt
CUE
CUE
GENC
GENC
Q4 25
Q3 25
$0
Q2 25
Q1 25
Q4 24
Q3 24
$1.0M
$0
Q2 24
$2.0M
Q1 24
$3.0M
Stockholders' Equity
CUE
CUE
GENC
GENC
Q4 25
$26.4M
$215.2M
Q3 25
$13.2M
$211.8M
Q2 25
$18.2M
$209.9M
Q1 25
$6.6M
$206.1M
Q4 24
$17.5M
$200.0M
Q3 24
$25.4M
$196.1M
Q2 24
$21.6M
$194.7M
Q1 24
$30.0M
$192.1M
Total Assets
CUE
CUE
GENC
GENC
Q4 25
$42.2M
$228.9M
Q3 25
$31.6M
$222.6M
Q2 25
$40.7M
$220.2M
Q1 25
$22.3M
$223.9M
Q4 24
$32.2M
$218.2M
Q3 24
$44.8M
$208.1M
Q2 24
$42.3M
$201.8M
Q1 24
$54.0M
$206.0M
Debt / Equity
CUE
CUE
GENC
GENC
Q4 25
Q3 25
0.00×
Q2 25
Q1 25
Q4 24
Q3 24
0.04×
0.00×
Q2 24
0.09×
Q1 24
0.10×

Cash Flow & Capital Efficiency

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

Metric
CUE
CUE
GENC
GENC
Operating Cash FlowLast quarter
$-1.1M
$11.1M
Free Cash FlowOCF − Capex
$10.1M
FCF MarginFCF / Revenue
43.0%
Capex IntensityCapex / Revenue
0.0%
4.1%
Cash ConversionOCF / Net Profit
-0.68×
3.23×
TTM Free Cash FlowTrailing 4 quarters
$-3.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CUE
CUE
GENC
GENC
Q4 25
$-1.1M
$11.1M
Q3 25
$-9.0M
$-275.0K
Q2 25
$-3.4M
$-23.9M
Q1 25
$-8.2M
$12.4M
Q4 24
$-36.3M
$14.8M
Q3 24
$-7.5M
$-3.2M
Q2 24
$-10.0M
$-1.0M
Q1 24
$-9.8M
$11.7M
Free Cash Flow
CUE
CUE
GENC
GENC
Q4 25
$10.1M
Q3 25
$-1.3M
Q2 25
$-3.4M
$-24.4M
Q1 25
$-8.3M
$12.3M
Q4 24
$-36.4M
$14.5M
Q3 24
$-7.5M
$-3.3M
Q2 24
$-10.0M
$-1.4M
Q1 24
$-9.8M
$11.7M
FCF Margin
CUE
CUE
GENC
GENC
Q4 25
43.0%
Q3 25
-6.8%
Q2 25
-116.5%
-90.4%
Q1 25
-1976.7%
32.2%
Q4 24
-2309.3%
46.1%
Q3 24
-225.7%
-15.8%
Q2 24
-376.2%
-5.6%
Q1 24
-573.0%
28.7%
Capex Intensity
CUE
CUE
GENC
GENC
Q4 25
0.0%
4.1%
Q3 25
0.0%
5.4%
Q2 25
0.9%
1.8%
Q1 25
35.6%
0.4%
Q4 24
4.2%
1.0%
Q3 24
0.0%
0.4%
Q2 24
0.4%
1.5%
Q1 24
3.2%
0.0%
Cash Conversion
CUE
CUE
GENC
GENC
Q4 25
-0.68×
3.23×
Q3 25
-0.14×
Q2 25
-6.24×
Q1 25
2.04×
Q4 24
3.88×
Q3 24
-2.22×
Q2 24
-0.41×
Q1 24
1.87×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CUE
CUE

Immuno Scape Collaboration And License Agreement$9.5M43%
BI Collaboration And License Agreement$8.1M37%
Other$4.3M20%

GENC
GENC

Segment breakdown not available.

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