vs

Side-by-side financial comparison of DigitalBridge Group, Inc. (DBRG) and Ultragenyx Pharmaceutical Inc. (RARE). Click either name above to swap in a different company.

Ultragenyx Pharmaceutical Inc. is the larger business by last-quarter revenue ($207.3M vs $105.7M, roughly 2.0× DigitalBridge Group, Inc.). DigitalBridge Group, Inc. runs the higher net margin — 61.5% vs -62.0%, a 123.5% gap on every dollar of revenue. On growth, Ultragenyx Pharmaceutical Inc. posted the faster year-over-year revenue change (25.9% vs 4.1%). DigitalBridge Group, Inc. produced more free cash flow last quarter ($258.0M vs $-100.8M). Over the past eight quarters, Ultragenyx Pharmaceutical Inc.'s revenue compounded faster (38.0% CAGR vs 19.2%).

DigitalBridge Group, Inc. is a global digital infrastructure investment firm. The company owns, invests in and operates businesses such as cell towers, data centers, fiber, small cells, and edge infrastructure. Headquartered in Boca Raton, DigitalBridge has offices in Los Angeles, New York, Denver, London, and Singapore. As of June 2025, DigitalBridge had US$106 billion of assets under management.

Ultragenyx Pharmaceutical Inc. is an American biopharmaceutical company involved in the research and development of novel products for treatment of rare and ultra-rare genetic diseases for which there are typically no approved treatments and high unmet medical need. The company works with multiple drug modalities including biologics, small molecule, gene therapies, and ASO and mRNAs in the disease categories of bone, endocrine, metabolic, muscle and CNS diseases.

DBRG vs RARE — Head-to-Head

Bigger by revenue
RARE
RARE
2.0× larger
RARE
$207.3M
$105.7M
DBRG
Growing faster (revenue YoY)
RARE
RARE
+21.8% gap
RARE
25.9%
4.1%
DBRG
Higher net margin
DBRG
DBRG
123.5% more per $
DBRG
61.5%
-62.0%
RARE
More free cash flow
DBRG
DBRG
$358.7M more FCF
DBRG
$258.0M
$-100.8M
RARE
Faster 2-yr revenue CAGR
RARE
RARE
Annualised
RARE
38.0%
19.2%
DBRG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DBRG
DBRG
RARE
RARE
Revenue
$105.7M
$207.3M
Net Profit
$65.1M
$-128.6M
Gross Margin
Operating Margin
-54.7%
Net Margin
61.5%
-62.0%
Revenue YoY
4.1%
25.9%
Net Profit YoY
3.5%
EPS (diluted)
$0.28
$-1.28

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
DBRG
DBRG
RARE
RARE
Q4 25
$105.7M
$207.3M
Q3 25
$93.3M
$159.9M
Q2 25
$85.3M
$166.5M
Q1 25
$90.1M
$139.3M
Q4 24
$101.6M
$164.6M
Q3 24
$76.6M
$139.5M
Q2 24
$390.3M
$147.0M
Q1 24
$74.4M
$108.8M
Net Profit
DBRG
DBRG
RARE
RARE
Q4 25
$65.1M
$-128.6M
Q3 25
$31.4M
$-180.4M
Q2 25
$31.6M
$-115.0M
Q1 25
$13.8M
$-151.1M
Q4 24
$-133.2M
Q3 24
$13.8M
$-133.5M
Q2 24
$91.4M
$-131.6M
Q1 24
$-29.6M
$-170.7M
Operating Margin
DBRG
DBRG
RARE
RARE
Q4 25
-54.7%
Q3 25
-13.9%
-106.9%
Q2 25
-31.2%
-64.8%
Q1 25
-11.5%
-102.6%
Q4 24
5.7%
-74.3%
Q3 24
62.4%
-94.6%
Q2 24
33.5%
-79.1%
Q1 24
-20.7%
-151.9%
Net Margin
DBRG
DBRG
RARE
RARE
Q4 25
61.5%
-62.0%
Q3 25
33.7%
-112.8%
Q2 25
37.1%
-69.0%
Q1 25
15.3%
-108.5%
Q4 24
-80.9%
Q3 24
18.0%
-95.7%
Q2 24
23.4%
-89.5%
Q1 24
-39.8%
-156.8%
EPS (diluted)
DBRG
DBRG
RARE
RARE
Q4 25
$0.28
$-1.28
Q3 25
$0.09
$-1.81
Q2 25
$0.10
$-1.17
Q1 25
$-0.01
$-1.57
Q4 24
$-1.34
Q3 24
$-0.01
$-1.40
Q2 24
$0.44
$-1.52
Q1 24
$-0.28
$-2.03

Balance Sheet & Financial Strength

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

Metric
DBRG
DBRG
RARE
RARE
Cash + ST InvestmentsLiquidity on hand
$382.5M
$421.0M
Total DebtLower is stronger
$298.8M
Stockholders' EquityBook value
$2.1B
$-80.0M
Total Assets
$3.4B
$1.5B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DBRG
DBRG
RARE
RARE
Q4 25
$382.5M
$421.0M
Q3 25
$358.4M
$202.5M
Q2 25
$340.7M
$176.3M
Q1 25
$349.9M
$127.1M
Q4 24
$302.2M
$174.0M
Q3 24
$294.4M
$150.6M
Q2 24
$261.2M
$480.7M
Q1 24
$247.4M
$112.3M
Total Debt
DBRG
DBRG
RARE
RARE
Q4 25
$298.8M
Q3 25
$327.9M
Q2 25
$298.0M
Q1 25
$296.9M
Q4 24
$296.4M
Q3 24
$295.8M
Q2 24
$295.3M
Q1 24
$366.5M
Stockholders' Equity
DBRG
DBRG
RARE
RARE
Q4 25
$2.1B
$-80.0M
Q3 25
$2.1B
$9.2M
Q2 25
$2.0B
$151.3M
Q1 25
$2.0B
$144.2M
Q4 24
$2.0B
$255.0M
Q3 24
$2.0B
$346.8M
Q2 24
$2.0B
$432.4M
Q1 24
$1.8B
$140.3M
Total Assets
DBRG
DBRG
RARE
RARE
Q4 25
$3.4B
$1.5B
Q3 25
$3.5B
$1.2B
Q2 25
$3.4B
$1.3B
Q1 25
$3.4B
$1.3B
Q4 24
$3.5B
$1.5B
Q3 24
$3.5B
$1.5B
Q2 24
$3.5B
$1.6B
Q1 24
$3.5B
$1.3B
Debt / Equity
DBRG
DBRG
RARE
RARE
Q4 25
0.14×
Q3 25
0.16×
Q2 25
0.15×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.15×
Q2 24
0.15×
Q1 24
0.20×

Cash Flow & Capital Efficiency

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

Metric
DBRG
DBRG
RARE
RARE
Operating Cash FlowLast quarter
$259.3M
$-99.8M
Free Cash FlowOCF − Capex
$258.0M
$-100.8M
FCF MarginFCF / Revenue
244.0%
-48.6%
Capex IntensityCapex / Revenue
1.3%
0.5%
Cash ConversionOCF / Net Profit
3.99×
TTM Free Cash FlowTrailing 4 quarters
$440.5M
$-472.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DBRG
DBRG
RARE
RARE
Q4 25
$259.3M
$-99.8M
Q3 25
$56.5M
$-91.4M
Q2 25
$77.0M
$-108.3M
Q1 25
$50.3M
$-166.5M
Q4 24
$60.1M
$-79.3M
Q3 24
$35.9M
$-67.0M
Q2 24
$22.5M
$-77.0M
Q1 24
$-27.0M
$-190.7M
Free Cash Flow
DBRG
DBRG
RARE
RARE
Q4 25
$258.0M
$-100.8M
Q3 25
$56.1M
$-92.7M
Q2 25
$76.4M
$-110.7M
Q1 25
$50.0M
$-167.8M
Q4 24
$56.5M
$-79.5M
Q3 24
$-68.6M
Q2 24
$22.3M
$-79.0M
Q1 24
$-30.1M
$-193.9M
FCF Margin
DBRG
DBRG
RARE
RARE
Q4 25
244.0%
-48.6%
Q3 25
60.2%
-58.0%
Q2 25
89.5%
-66.5%
Q1 25
55.5%
-120.5%
Q4 24
55.7%
-48.3%
Q3 24
-49.2%
Q2 24
5.7%
-53.7%
Q1 24
-40.4%
-178.2%
Capex Intensity
DBRG
DBRG
RARE
RARE
Q4 25
1.3%
0.5%
Q3 25
0.4%
0.8%
Q2 25
0.7%
1.5%
Q1 25
0.3%
1.0%
Q4 24
3.5%
0.1%
Q3 24
0.0%
1.2%
Q2 24
0.1%
1.4%
Q1 24
4.1%
3.0%
Cash Conversion
DBRG
DBRG
RARE
RARE
Q4 25
3.99×
Q3 25
1.80×
Q2 25
2.43×
Q1 25
3.65×
Q4 24
Q3 24
2.61×
Q2 24
0.25×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DBRG
DBRG

Segment breakdown not available.

RARE
RARE

Royalty$105.6M51%
Products$101.7M49%

Related Comparisons