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Side-by-side financial comparison of DBV Technologies S.A. (DBVT) and UNITED GUARDIAN INC (UG). Click either name above to swap in a different company.

UNITED GUARDIAN INC is the larger business by last-quarter revenue ($3.0M vs $2.8M, roughly 1.1× DBV Technologies S.A.). On growth, DBV Technologies S.A. posted the faster year-over-year revenue change (158.8% vs 19.6%). UNITED GUARDIAN INC produced more free cash flow last quarter ($308.0K vs $-32.6M). Over the past eight quarters, DBV Technologies S.A.'s revenue compounded faster (12.4% CAGR vs -4.6%).

DBV Technologies SA is a publicly owned French biopharmaceutical firm headquartered in Bagneux, France. DBV Technologies is known for developing "Viaskin" technology for administering allergens or antigens to intact skin while avoiding any transfer to the blood. Viaskin Peanut clinical development has received Fast Track designation from the US Food and Drug Administration.

The Guardian Life Insurance Company of America is one of the largest mutual life insurance companies in the world. Based in Manhattan, it has approximately 8,000 employees in the United States, and a network of over 3,000 financial representatives in more than 70 agencies nationwide. As of 2018, it ranks 239th on the Fortune 500 list of largest American corporations by revenue. In 2015, Guardian achieved the highest earnings in its 155-year history with $7.3 billion in capital and $1.5 billio...

DBVT vs UG — Head-to-Head

Bigger by revenue
UG
UG
1.1× larger
UG
$3.0M
$2.8M
DBVT
Growing faster (revenue YoY)
DBVT
DBVT
+139.2% gap
DBVT
158.8%
19.6%
UG
More free cash flow
UG
UG
$32.9M more FCF
UG
$308.0K
$-32.6M
DBVT
Faster 2-yr revenue CAGR
DBVT
DBVT
Annualised
DBVT
12.4%
-4.6%
UG

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DBVT
DBVT
UG
UG
Revenue
$2.8M
$3.0M
Net Profit
$-33.2M
Gross Margin
45.0%
Operating Margin
-1235.7%
24.4%
Net Margin
-1195.5%
Revenue YoY
158.8%
19.6%
Net Profit YoY
-8.9%
EPS (diluted)
$-0.24

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
DBVT
DBVT
UG
UG
Q4 25
$3.0M
Q3 25
$2.8M
$2.3M
Q2 25
$1.5M
$2.8M
Q1 25
$2.5M
Q4 24
$2.5M
Q3 24
$3.1M
Q2 24
$1.2M
$3.4M
Q1 24
$1.4M
$3.3M
Net Profit
DBVT
DBVT
UG
UG
Q4 25
Q3 25
$-33.2M
$268.4K
Q2 25
$-41.9M
$626.8K
Q1 25
$560.9K
Q4 24
Q3 24
$865.5K
Q2 24
$-33.1M
$956.2K
Q1 24
$-27.3M
$925.4K
Gross Margin
DBVT
DBVT
UG
UG
Q4 25
45.0%
Q3 25
42.1%
Q2 25
52.8%
Q1 25
54.7%
Q4 24
51.7%
Q3 24
54.0%
Q2 24
54.0%
Q1 24
52.2%
Operating Margin
DBVT
DBVT
UG
UG
Q4 25
24.4%
Q3 25
-1235.7%
9.5%
Q2 25
-2806.2%
24.5%
Q1 25
24.6%
Q4 24
22.5%
Q3 24
31.0%
Q2 24
-2914.9%
32.9%
Q1 24
-2029.7%
31.5%
Net Margin
DBVT
DBVT
UG
UG
Q4 25
Q3 25
-1195.5%
11.9%
Q2 25
-2858.4%
22.1%
Q1 25
22.6%
Q4 24
Q3 24
28.3%
Q2 24
-2852.4%
28.2%
Q1 24
-1943.5%
28.4%
EPS (diluted)
DBVT
DBVT
UG
UG
Q4 25
Q3 25
$-0.24
Q2 25
$-0.31
Q1 25
Q4 24
Q3 24
Q2 24
$-0.34
Q1 24
$-0.28

Balance Sheet & Financial Strength

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

Metric
DBVT
DBVT
UG
UG
Cash + ST InvestmentsLiquidity on hand
$69.8M
$8.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$52.9M
$11.2M
Total Assets
$110.5M
$13.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DBVT
DBVT
UG
UG
Q4 25
$8.6M
Q3 25
$69.8M
$8.3M
Q2 25
$103.2M
$8.4M
Q1 25
$8.1M
Q4 24
$9.4M
Q3 24
$9.5M
Q2 24
$66.2M
$9.9M
Q1 24
$101.5M
$8.6M
Stockholders' Equity
DBVT
DBVT
UG
UG
Q4 25
$11.2M
Q3 25
$52.9M
$10.6M
Q2 25
$86.2M
$11.5M
Q1 25
$10.8M
Q4 24
$11.9M
Q3 24
$11.4M
Q2 24
$79.1M
$12.1M
Q1 24
$111.7M
$11.2M
Total Assets
DBVT
DBVT
UG
UG
Q4 25
$13.1M
Q3 25
$110.5M
$12.2M
Q2 25
$143.4M
$13.4M
Q1 25
$12.8M
Q4 24
$13.8M
Q3 24
$13.3M
Q2 24
$114.2M
$13.8M
Q1 24
$145.9M
$13.0M

Cash Flow & Capital Efficiency

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

Metric
DBVT
DBVT
UG
UG
Operating Cash FlowLast quarter
$-32.4M
$330.5K
Free Cash FlowOCF − Capex
$-32.6M
$308.0K
FCF MarginFCF / Revenue
-1173.5%
10.4%
Capex IntensityCapex / Revenue
4.2%
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-138.3M
$1.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DBVT
DBVT
UG
UG
Q4 25
$330.5K
Q3 25
$-32.4M
$1.0M
Q2 25
$-33.9M
$303.2K
Q1 25
$322.1K
Q4 24
$269.3K
Q3 24
$1.2M
Q2 24
$-35.1M
$1.3M
Q1 24
$-34.7M
$644.1K
Free Cash Flow
DBVT
DBVT
UG
UG
Q4 25
$308.0K
Q3 25
$-32.6M
$995.8K
Q2 25
$-33.9M
$285.6K
Q1 25
$318.5K
Q4 24
$-45.9K
Q3 24
$1.2M
Q2 24
$-35.8M
$1.3M
Q1 24
$-36.0M
$622.2K
FCF Margin
DBVT
DBVT
UG
UG
Q4 25
10.4%
Q3 25
-1173.5%
44.0%
Q2 25
-2316.5%
10.1%
Q1 25
12.8%
Q4 24
-1.9%
Q3 24
39.2%
Q2 24
-3084.0%
37.1%
Q1 24
-2560.6%
19.1%
Capex Intensity
DBVT
DBVT
UG
UG
Q4 25
0.8%
Q3 25
4.2%
0.7%
Q2 25
2.2%
0.6%
Q1 25
0.1%
Q4 24
12.7%
Q3 24
1.0%
Q2 24
63.0%
1.9%
Q1 24
94.9%
0.7%
Cash Conversion
DBVT
DBVT
UG
UG
Q4 25
Q3 25
3.77×
Q2 25
0.48×
Q1 25
0.57×
Q4 24
Q3 24
1.42×
Q2 24
1.38×
Q1 24
0.70×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DBVT
DBVT

Segment breakdown not available.

UG
UG

Pharmaceuticals$1.6M53%
Other$1.4M47%

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