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

Day One Biopharmaceuticals, Inc. is the larger business by last-quarter revenue ($39.8M vs $22.0M, roughly 1.8× SPAR Group, Inc.). Day One Biopharmaceuticals, Inc. runs the higher net margin — -49.6% vs -74.1%, a 24.6% gap on every dollar of revenue. On growth, SPAR Group, Inc. posted the faster year-over-year revenue change (-33.4% 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.

SPAR, originally "DESPAR", styled as "DE SPAR", is a Dutch multinational franchise that provides branding, supplies and support services for independently owned and operated food retail stores. It was founded in the Netherlands in 1932, by Adriaan van Well, although the largest number of stores are located in the United Kingdom.

DAWN vs SGRP — Head-to-Head

Bigger by revenue
DAWN
DAWN
1.8× larger
DAWN
$39.8M
$22.0M
SGRP
Growing faster (revenue YoY)
SGRP
SGRP
+24.2% gap
SGRP
-33.4%
-57.6%
DAWN
Higher net margin
DAWN
DAWN
24.6% more per $
DAWN
-49.6%
-74.1%
SGRP

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DAWN
DAWN
SGRP
SGRP
Revenue
$39.8M
$22.0M
Net Profit
$-19.7M
$-16.3M
Gross Margin
-10.6%
Operating Margin
-60.9%
-57.8%
Net Margin
-49.6%
-74.1%
Revenue YoY
-57.6%
-33.4%
Net Profit YoY
-153.3%
-186.2%
EPS (diluted)
$-0.19
$-0.69

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
SGRP
SGRP
Q4 25
$22.0M
Q3 25
$39.8M
$41.4M
Q2 25
$33.9M
$38.6M
Q1 25
$30.8M
$34.0M
Q4 24
$33.0M
Q3 24
$93.8M
$37.8M
Q2 24
$43.4M
Q1 24
$0
$49.4M
Net Profit
DAWN
DAWN
SGRP
SGRP
Q4 25
$-16.3M
Q3 25
$-19.7M
$-8.8M
Q2 25
$-30.3M
$-1.0K
Q1 25
$-36.0M
$462.0K
Q4 24
$-5.7M
Q3 24
$37.0M
$-182.0K
Q2 24
$-3.9M
Q1 24
$-62.4M
$6.6M
Gross Margin
DAWN
DAWN
SGRP
SGRP
Q4 25
-10.6%
Q3 25
18.6%
Q2 25
23.5%
Q1 25
21.4%
Q4 24
19.6%
Q3 24
22.3%
Q2 24
20.7%
Q1 24
19.7%
Operating Margin
DAWN
DAWN
SGRP
SGRP
Q4 25
-57.8%
Q3 25
-60.9%
-14.3%
Q2 25
-103.1%
1.9%
Q1 25
-133.5%
3.0%
Q4 24
-16.6%
Q3 24
31.6%
-4.0%
Q2 24
-2.2%
Q1 24
17.6%
Net Margin
DAWN
DAWN
SGRP
SGRP
Q4 25
-74.1%
Q3 25
-49.6%
-21.2%
Q2 25
-89.4%
-0.0%
Q1 25
-117.0%
1.4%
Q4 24
-17.3%
Q3 24
39.5%
-0.5%
Q2 24
-9.0%
Q1 24
13.4%
EPS (diluted)
DAWN
DAWN
SGRP
SGRP
Q4 25
$-0.69
Q3 25
$-0.19
$-0.37
Q2 25
$-0.29
$0.00
Q1 25
$-0.35
$0.02
Q4 24
$-0.24
Q3 24
$0.38
$-0.01
Q2 24
$-0.16
Q1 24
$-0.72
$0.28

Balance Sheet & Financial Strength

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

Metric
DAWN
DAWN
SGRP
SGRP
Cash + ST InvestmentsLiquidity on hand
$451.6M
$3.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$450.9M
$622.0K
Total Assets
$513.8M
$44.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAWN
DAWN
SGRP
SGRP
Q4 25
$3.3M
Q3 25
$451.6M
$8.2M
Q2 25
$453.1M
$13.9M
Q1 25
$473.0M
$17.9M
Q4 24
$18.2M
Q3 24
$558.4M
$19.7M
Q2 24
$21.7M
Q1 24
$317.9M
$16.6M
Stockholders' Equity
DAWN
DAWN
SGRP
SGRP
Q4 25
$622.0K
Q3 25
$450.9M
$16.6M
Q2 25
$460.8M
$24.9M
Q1 25
$479.5M
$24.7M
Q4 24
$24.3M
Q3 24
$555.5M
$29.3M
Q2 24
$29.4M
Q1 24
$296.8M
$33.0M
Total Assets
DAWN
DAWN
SGRP
SGRP
Q4 25
$44.1M
Q3 25
$513.8M
$61.7M
Q2 25
$519.0M
$71.6M
Q1 25
$534.4M
$70.2M
Q4 24
$56.4M
Q3 24
$600.8M
$67.4M
Q2 24
$70.0M
Q1 24
$326.6M
$104.5M

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
SGRP
SGRP
Operating Cash FlowLast quarter
$-5.8M
$-2.5M
Free Cash FlowOCF − Capex
$-3.9M
FCF MarginFCF / Revenue
-17.8%
Capex IntensityCapex / Revenue
0.0%
6.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-21.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAWN
DAWN
SGRP
SGRP
Q4 25
$-2.5M
Q3 25
$-5.8M
$-4.1M
Q2 25
$-24.8M
$-7.9M
Q1 25
$-59.0M
$-4.0M
Q4 24
$65.0K
Q3 24
$50.8M
$-900.0K
Q2 24
$-445.0K
Q1 24
$-49.7M
$615.0K
Free Cash Flow
DAWN
DAWN
SGRP
SGRP
Q4 25
$-3.9M
Q3 25
$-4.6M
Q2 25
$-24.8M
$-8.3M
Q1 25
$-59.3M
$-4.6M
Q4 24
$-166.0K
Q3 24
$50.0M
$-1.0M
Q2 24
$-785.0K
Q1 24
$184.0K
FCF Margin
DAWN
DAWN
SGRP
SGRP
Q4 25
-17.8%
Q3 25
-11.2%
Q2 25
-73.2%
-21.5%
Q1 25
-192.8%
-13.4%
Q4 24
-0.5%
Q3 24
53.4%
-2.7%
Q2 24
-1.8%
Q1 24
0.4%
Capex Intensity
DAWN
DAWN
SGRP
SGRP
Q4 25
6.6%
Q3 25
0.0%
1.4%
Q2 25
0.0%
1.1%
Q1 25
1.0%
1.5%
Q4 24
0.7%
Q3 24
0.8%
0.3%
Q2 24
0.8%
Q1 24
0.9%
Cash Conversion
DAWN
DAWN
SGRP
SGRP
Q4 25
Q3 25
Q2 25
Q1 25
-8.75×
Q4 24
Q3 24
1.37×
Q2 24
Q1 24
0.09×

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%

SGRP
SGRP

Segment breakdown not available.

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