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Side-by-side financial comparison of Day One Biopharmaceuticals, Inc. (DAWN) and i3 Verticals, Inc. (IIIV). Click either name above to swap in a different company.

i3 Verticals, Inc. is the larger business by last-quarter revenue ($52.7M vs $39.8M, roughly 1.3× Day One Biopharmaceuticals, Inc.). i3 Verticals, Inc. runs the higher net margin — 0.9% vs -49.6%, a 50.5% gap on every dollar of revenue. On growth, i3 Verticals, Inc. posted the faster year-over-year revenue change (-14.6% vs -57.6%).

Day One Biopharmaceuticals is a clinical-stage biopharmaceutical firm focused on developing targeted precision oncology therapies for pediatric and young adult patients with genetically driven cancers. It advances novel drug candidates to address unmet medical needs in underserved patient segments, operating primarily in the U.S. and partnering with global oncology research institutions.

The Prusa i3 is a family of fused filament fabrication 3D printers, manufactured by Czech company Prusa Research under the trademarked name Original Prusa i3. Part of the RepRap project, Prusa i3 printers were called the most used 3D printer in the world in 2016. The first Prusa i3 was designed by Josef Průša in 2012, and was released as a commercial kit product in 2015. The latest model is available in both kit and factory assembled versions. The Prusa i3's comparable low cost and ease of co...

DAWN vs IIIV — Head-to-Head

Bigger by revenue
IIIV
IIIV
1.3× larger
IIIV
$52.7M
$39.8M
DAWN
Growing faster (revenue YoY)
IIIV
IIIV
+42.9% gap
IIIV
-14.6%
-57.6%
DAWN
Higher net margin
IIIV
IIIV
50.5% more per $
IIIV
0.9%
-49.6%
DAWN

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
DAWN
DAWN
IIIV
IIIV
Revenue
$39.8M
$52.7M
Net Profit
$-19.7M
$484.0K
Gross Margin
Operating Margin
-60.9%
3.1%
Net Margin
-49.6%
0.9%
Revenue YoY
-57.6%
-14.6%
Net Profit YoY
-153.3%
-76.5%
EPS (diluted)
$-0.19
$0.02

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
DAWN
DAWN
IIIV
IIIV
Q4 25
$52.7M
Q3 25
$39.8M
$46.0M
Q2 25
$33.9M
$51.9M
Q1 25
$30.8M
$63.1M
Q4 24
$52.2M
Q3 24
$93.8M
$32.0M
Q2 24
$46.2M
Q1 24
$0
$58.0M
Net Profit
DAWN
DAWN
IIIV
IIIV
Q4 25
$484.0K
Q3 25
$-19.7M
$3.1M
Q2 25
$-30.3M
$12.9M
Q1 25
$-36.0M
$-154.0K
Q4 24
$2.1M
Q3 24
$37.0M
$117.9M
Q2 24
$-7.5M
Q1 24
$-62.4M
$1.9M
Operating Margin
DAWN
DAWN
IIIV
IIIV
Q4 25
3.1%
Q3 25
-60.9%
3.2%
Q2 25
-103.1%
-9.3%
Q1 25
-133.5%
8.0%
Q4 24
3.9%
Q3 24
31.6%
10.6%
Q2 24
-2.8%
Q1 24
3.4%
Net Margin
DAWN
DAWN
IIIV
IIIV
Q4 25
0.9%
Q3 25
-49.6%
6.7%
Q2 25
-89.4%
24.8%
Q1 25
-117.0%
-0.2%
Q4 24
3.9%
Q3 24
39.5%
368.2%
Q2 24
-16.3%
Q1 24
3.2%
EPS (diluted)
DAWN
DAWN
IIIV
IIIV
Q4 25
$0.02
Q3 25
$-0.19
$0.14
Q2 25
$-0.29
$0.50
Q1 25
$-0.35
$0.00
Q4 24
$0.08
Q3 24
$0.38
$4.93
Q2 24
$-0.32
Q1 24
$-0.72
$0.08

Balance Sheet & Financial Strength

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

Metric
DAWN
DAWN
IIIV
IIIV
Cash + ST InvestmentsLiquidity on hand
$451.6M
$37.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$450.9M
$358.5M
Total Assets
$513.8M
$595.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAWN
DAWN
IIIV
IIIV
Q4 25
$37.5M
Q3 25
$451.6M
$66.7M
Q2 25
$453.1M
$55.5M
Q1 25
$473.0M
$7.7M
Q4 24
$85.6M
Q3 24
$558.4M
$86.5M
Q2 24
$9.7M
Q1 24
$317.9M
$3.1M
Total Debt
DAWN
DAWN
IIIV
IIIV
Q4 25
Q3 25
$0
Q2 25
$0
Q1 25
$12.0M
Q4 24
$26.2M
Q3 24
$26.2M
Q2 24
$374.1M
Q1 24
$369.6M
Stockholders' Equity
DAWN
DAWN
IIIV
IIIV
Q4 25
$358.5M
Q3 25
$450.9M
$389.6M
Q2 25
$460.8M
$383.3M
Q1 25
$479.5M
$385.2M
Q4 24
$375.0M
Q3 24
$555.5M
$379.7M
Q2 24
$249.7M
Q1 24
$296.8M
$249.3M
Total Assets
DAWN
DAWN
IIIV
IIIV
Q4 25
$595.9M
Q3 25
$513.8M
$638.4M
Q2 25
$519.0M
$623.3M
Q1 25
$534.4M
$646.4M
Q4 24
$726.2M
Q3 24
$600.8M
$730.7M
Q2 24
$861.7M
Q1 24
$326.6M
$625.8M
Debt / Equity
DAWN
DAWN
IIIV
IIIV
Q4 25
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.03×
Q4 24
0.07×
Q3 24
0.07×
Q2 24
1.50×
Q1 24
1.48×

Cash Flow & Capital Efficiency

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

Metric
DAWN
DAWN
IIIV
IIIV
Operating Cash FlowLast quarter
$-5.8M
$14.1M
Free Cash FlowOCF − Capex
$13.8M
FCF MarginFCF / Revenue
26.2%
Capex IntensityCapex / Revenue
0.0%
0.6%
Cash ConversionOCF / Net Profit
29.18×
TTM Free Cash FlowTrailing 4 quarters
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAWN
DAWN
IIIV
IIIV
Q4 25
$14.1M
Q3 25
$-5.8M
$14.0M
Q2 25
$-24.8M
$7.4M
Q1 25
$-59.0M
$-27.1M
Q4 24
$11.5M
Q3 24
$50.8M
$15.1M
Q2 24
$8.1M
Q1 24
$-49.7M
$10.7M
Free Cash Flow
DAWN
DAWN
IIIV
IIIV
Q4 25
$13.8M
Q3 25
$13.5M
Q2 25
$-24.8M
$6.8M
Q1 25
$-59.3M
$-27.6M
Q4 24
$11.0M
Q3 24
$50.0M
$14.6M
Q2 24
$7.2M
Q1 24
$9.9M
FCF Margin
DAWN
DAWN
IIIV
IIIV
Q4 25
26.2%
Q3 25
29.5%
Q2 25
-73.2%
13.1%
Q1 25
-192.8%
-43.8%
Q4 24
21.1%
Q3 24
53.4%
45.6%
Q2 24
15.6%
Q1 24
17.1%
Capex Intensity
DAWN
DAWN
IIIV
IIIV
Q4 25
0.6%
Q3 25
0.0%
0.9%
Q2 25
0.0%
1.0%
Q1 25
1.0%
0.8%
Q4 24
0.9%
Q3 24
0.8%
1.7%
Q2 24
1.9%
Q1 24
1.4%
Cash Conversion
DAWN
DAWN
IIIV
IIIV
Q4 25
29.18×
Q3 25
4.52×
Q2 25
0.57×
Q1 25
Q4 24
5.59×
Q3 24
1.37×
0.13×
Q2 24
Q1 24
5.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DAWN
DAWN

Products$38.5M97%
License Agreement With Ipsen Pharma Sas$1.3M3%

IIIV
IIIV

License And Service$35.7M68%
Proprietary Payments Revenue$14.5M27%
Other Revenue$2.5M5%

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