vs

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

UNITY BANCORP INC is the larger business by last-quarter revenue ($35.3M vs $21.9M, roughly 1.6× Cue Biopharma, Inc.). UNITY BANCORP INC runs the higher net margin — 43.9% vs 7.2%, a 36.6% gap on every dollar of revenue. On growth, Cue Biopharma, Inc. posted the faster year-over-year revenue change (1292.3% vs 24.2%). Over the past eight quarters, Cue Biopharma, Inc.'s revenue compounded faster (257.5% CAGR vs 17.5%).

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.

Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.

CUE vs UNTY — Head-to-Head

Bigger by revenue
UNTY
UNTY
1.6× larger
UNTY
$35.3M
$21.9M
CUE
Growing faster (revenue YoY)
CUE
CUE
+1268.1% gap
CUE
1292.3%
24.2%
UNTY
Higher net margin
UNTY
UNTY
36.6% more per $
UNTY
43.9%
7.2%
CUE
Faster 2-yr revenue CAGR
CUE
CUE
Annualised
CUE
257.5%
17.5%
UNTY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CUE
CUE
UNTY
UNTY
Revenue
$21.9M
$35.3M
Net Profit
$1.6M
$15.5M
Gross Margin
Operating Margin
9.0%
55.8%
Net Margin
7.2%
43.9%
Revenue YoY
1292.3%
24.2%
Net Profit YoY
116.7%
34.5%
EPS (diluted)
$0.05
$1.52

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
UNTY
UNTY
Q4 25
$21.9M
$35.3M
Q3 25
$2.1M
$32.8M
Q2 25
$3.0M
$34.4M
Q1 25
$421.0K
$29.4M
Q4 24
$1.6M
$28.4M
Q3 24
$3.3M
$27.7M
Q2 24
$2.7M
$25.5M
Q1 24
$1.7M
$25.6M
Net Profit
CUE
CUE
UNTY
UNTY
Q4 25
$1.6M
$15.5M
Q3 25
$-7.4M
$14.4M
Q2 25
$-8.5M
$16.5M
Q1 25
$-12.3M
$11.6M
Q4 24
$11.5M
Q3 24
$-8.7M
$10.9M
Q2 24
$-10.2M
$9.5M
Q1 24
$-12.3M
$9.6M
Operating Margin
CUE
CUE
UNTY
UNTY
Q4 25
9.0%
55.8%
Q3 25
-353.4%
57.5%
Q2 25
-292.3%
62.6%
Q1 25
-2921.4%
52.6%
Q4 24
51.0%
Q3 24
-264.2%
52.7%
Q2 24
-390.6%
49.3%
Q1 24
-737.8%
50.0%
Net Margin
CUE
CUE
UNTY
UNTY
Q4 25
7.2%
43.9%
Q3 25
-346.6%
43.8%
Q2 25
-287.1%
48.0%
Q1 25
-2911.4%
39.5%
Q4 24
40.5%
Q3 24
-259.6%
39.4%
Q2 24
-382.7%
37.1%
Q1 24
-719.1%
37.5%
EPS (diluted)
CUE
CUE
UNTY
UNTY
Q4 25
$0.05
$1.52
Q3 25
$-0.07
$1.41
Q2 25
$-0.09
$1.61
Q1 25
$-0.17
$1.13
Q4 24
$1.13
Q3 24
$-0.17
$1.07
Q2 24
$-0.20
$0.92
Q1 24
$-0.25
$0.94

Balance Sheet & Financial Strength

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

Metric
CUE
CUE
UNTY
UNTY
Cash + ST InvestmentsLiquidity on hand
$27.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$26.4M
$345.6M
Total Assets
$42.2M
$3.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CUE
CUE
UNTY
UNTY
Q4 25
$27.1M
Q3 25
$11.7M
Q2 25
$27.5M
Q1 25
$13.1M
Q4 24
$22.5M
Q3 24
$32.4M
Q2 24
$30.0M
Q1 24
$41.0M
Total Debt
CUE
CUE
UNTY
UNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$230.8M
Q3 24
$1.0M
Q2 24
$2.0M
Q1 24
$3.0M
Stockholders' Equity
CUE
CUE
UNTY
UNTY
Q4 25
$26.4M
$345.6M
Q3 25
$13.2M
$334.0M
Q2 25
$18.2M
$319.8M
Q1 25
$6.6M
$306.1M
Q4 24
$17.5M
$295.6M
Q3 24
$25.4M
$284.3M
Q2 24
$21.6M
$273.4M
Q1 24
$30.0M
$266.8M
Total Assets
CUE
CUE
UNTY
UNTY
Q4 25
$42.2M
$3.0B
Q3 25
$31.6M
$2.9B
Q2 25
$40.7M
$2.9B
Q1 25
$22.3M
$2.8B
Q4 24
$32.2M
$2.7B
Q3 24
$44.8M
$2.6B
Q2 24
$42.3M
$2.6B
Q1 24
$54.0M
$2.6B
Debt / Equity
CUE
CUE
UNTY
UNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.78×
Q3 24
0.04×
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
UNTY
UNTY
Operating Cash FlowLast quarter
$-1.1M
$44.9M
Free Cash FlowOCF − Capex
$44.3M
FCF MarginFCF / Revenue
125.7%
Capex IntensityCapex / Revenue
0.0%
1.6%
Cash ConversionOCF / Net Profit
-0.68×
2.90×
TTM Free Cash FlowTrailing 4 quarters
$81.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CUE
CUE
UNTY
UNTY
Q4 25
$-1.1M
$44.9M
Q3 25
$-9.0M
$45.5M
Q2 25
$-3.4M
$-25.3M
Q1 25
$-8.2M
$17.9M
Q4 24
$-36.3M
$48.0M
Q3 24
$-7.5M
$17.7M
Q2 24
$-10.0M
$-8.4M
Q1 24
$-9.8M
$15.8M
Free Cash Flow
CUE
CUE
UNTY
UNTY
Q4 25
$44.3M
Q3 25
$45.3M
Q2 25
$-3.4M
$-25.5M
Q1 25
$-8.3M
$17.6M
Q4 24
$-36.4M
$47.3M
Q3 24
$-7.5M
$17.5M
Q2 24
$-10.0M
$-8.6M
Q1 24
$-9.8M
$15.7M
FCF Margin
CUE
CUE
UNTY
UNTY
Q4 25
125.7%
Q3 25
138.1%
Q2 25
-116.5%
-74.2%
Q1 25
-1976.7%
59.9%
Q4 24
-2309.3%
166.5%
Q3 24
-225.7%
63.3%
Q2 24
-376.2%
-33.7%
Q1 24
-573.0%
61.4%
Capex Intensity
CUE
CUE
UNTY
UNTY
Q4 25
0.0%
1.6%
Q3 25
0.0%
0.7%
Q2 25
0.9%
0.5%
Q1 25
35.6%
1.0%
Q4 24
4.2%
2.4%
Q3 24
0.0%
0.5%
Q2 24
0.4%
0.5%
Q1 24
3.2%
0.3%
Cash Conversion
CUE
CUE
UNTY
UNTY
Q4 25
-0.68×
2.90×
Q3 25
3.16×
Q2 25
-1.54×
Q1 25
1.54×
Q4 24
4.17×
Q3 24
1.62×
Q2 24
-0.89×
Q1 24
1.64×

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%

UNTY
UNTY

Segment breakdown not available.

Related Comparisons