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Side-by-side financial comparison of Dianthus Therapeutics, Inc. (DNTH) and Ocean Power Technologies, Inc. (OPTT). Click either name above to swap in a different company.

Ocean Power Technologies, Inc. is the larger business by last-quarter revenue ($424.0K vs $284.0K, roughly 1.5× Dianthus Therapeutics, Inc.). Ocean Power Technologies, Inc. runs the higher net margin — -2553.1% vs -22687.3%, a 20134.3% gap on every dollar of revenue. On growth, Dianthus Therapeutics, Inc. posted the faster year-over-year revenue change (-78.6% vs -82.5%). Ocean Power Technologies, Inc. produced more free cash flow last quarter ($-7.8M vs $-47.1M). Over the past eight quarters, Dianthus Therapeutics, Inc.'s revenue compounded faster (-44.6% CAGR vs -51.4%).

Dianthus Therapeutics is a clinical-stage biopharmaceutical firm focused on developing targeted therapies for rare immunological and inflammatory diseases. It advances antibody-based candidates to address unmet needs of severe patients, operating primarily in the U.S. with global development partners.

Ocean Power Technologies (OPT) is a U.S. publicly owned renewable energy company, providing electric power and communications solutions, services and related for remote offshore applications. The company's PowerBuoy wave energy conversion technology is theoretically scalable to hundreds of megawatts and the generated energy from wave power can be supplied to the grid via submarine cables. Several projects were undertaken around the world, but the economic viability of the theoretical concept ...

DNTH vs OPTT — Head-to-Head

Bigger by revenue
OPTT
OPTT
1.5× larger
OPTT
$424.0K
$284.0K
DNTH
Growing faster (revenue YoY)
DNTH
DNTH
+3.9% gap
DNTH
-78.6%
-82.5%
OPTT
Higher net margin
OPTT
OPTT
20134.3% more per $
OPTT
-2553.1%
-22687.3%
DNTH
More free cash flow
OPTT
OPTT
$39.3M more FCF
OPTT
$-7.8M
$-47.1M
DNTH
Faster 2-yr revenue CAGR
DNTH
DNTH
Annualised
DNTH
-44.6%
-51.4%
OPTT

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DNTH
DNTH
OPTT
OPTT
Revenue
$284.0K
$424.0K
Net Profit
$-64.4M
$-10.8M
Gross Margin
-325.5%
Operating Margin
-24486.3%
-2387.5%
Net Margin
-22687.3%
-2553.1%
Revenue YoY
-78.6%
-82.5%
Net Profit YoY
-126.6%
-176.6%
EPS (diluted)
$-1.53
$-0.06

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
DNTH
DNTH
OPTT
OPTT
Q4 25
$284.0K
$424.0K
Q3 25
$396.0K
$1.2M
Q2 25
$1.3M
Q1 25
$1.2M
$825.0K
Q4 24
$1.3M
$2.4M
Q3 24
$2.2M
$1.3M
Q2 24
$1.9M
$1.6M
Q1 24
$874.0K
$1.8M
Net Profit
DNTH
DNTH
OPTT
OPTT
Q4 25
$-64.4M
$-10.8M
Q3 25
$-36.8M
$-7.4M
Q2 25
$-6.4M
Q1 25
$-29.5M
$-6.7M
Q4 24
$-28.4M
$-3.9M
Q3 24
$-25.2M
$-4.5M
Q2 24
$-17.6M
$-6.7M
Q1 24
$-13.7M
$-6.5M
Gross Margin
DNTH
DNTH
OPTT
OPTT
Q4 25
-325.5%
Q3 25
-1.9%
Q2 25
16.8%
Q1 25
23.9%
Q4 24
32.9%
Q3 24
34.4%
Q2 24
54.8%
Q1 24
45.4%
Operating Margin
DNTH
DNTH
OPTT
OPTT
Q4 25
-24486.3%
-2387.5%
Q3 25
-10173.7%
-598.8%
Q2 25
-563.6%
Q1 25
-2852.7%
-712.1%
Q4 24
-2406.9%
-161.9%
Q3 24
-1376.6%
-343.8%
Q2 24
-1191.8%
-430.3%
Q1 24
-2041.6%
-430.0%
Net Margin
DNTH
DNTH
OPTT
OPTT
Q4 25
-22687.3%
-2553.1%
Q3 25
-9284.1%
-625.0%
Q2 25
-487.9%
Q1 25
-2537.5%
-814.5%
Q4 24
-2144.8%
-161.8%
Q3 24
-1159.0%
-342.3%
Q2 24
-945.1%
-427.6%
Q1 24
-1573.0%
-363.2%
EPS (diluted)
DNTH
DNTH
OPTT
OPTT
Q4 25
$-1.53
$-0.06
Q3 25
$-0.97
$-0.04
Q2 25
$-0.04
Q1 25
$-0.82
$-0.04
Q4 24
$-0.76
$-0.04
Q3 24
$-0.74
$-0.05
Q2 24
$-0.51
$-0.12
Q1 24
$-0.54
$-0.11

Balance Sheet & Financial Strength

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

Metric
DNTH
DNTH
OPTT
OPTT
Cash + ST InvestmentsLiquidity on hand
$404.3M
$11.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$493.4M
$22.3M
Total Assets
$530.9M
$39.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNTH
DNTH
OPTT
OPTT
Q4 25
$404.3M
$11.7M
Q3 25
$402.6M
$9.9M
Q2 25
$6.7M
Q1 25
$263.2M
$10.0M
Q4 24
$275.2M
$2.1M
Q3 24
$281.1M
$3.2M
Q2 24
$360.7M
$3.2M
Q1 24
$377.0M
$9.1M
Stockholders' Equity
DNTH
DNTH
OPTT
OPTT
Q4 25
$493.4M
$22.3M
Q3 25
$546.5M
$24.2M
Q2 25
$26.7M
Q1 25
$328.6M
$28.9M
Q4 24
$352.5M
$22.1M
Q3 24
$337.9M
$22.3M
Q2 24
$358.2M
$19.3M
Q1 24
$372.7M
$25.3M
Total Assets
DNTH
DNTH
OPTT
OPTT
Q4 25
$530.9M
$39.3M
Q3 25
$577.4M
$36.6M
Q2 25
$30.8M
Q1 25
$348.6M
$34.4M
Q4 24
$374.0M
$26.9M
Q3 24
$354.2M
$29.2M
Q2 24
$369.0M
$28.7M
Q1 24
$382.5M
$34.6M

Cash Flow & Capital Efficiency

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

Metric
DNTH
DNTH
OPTT
OPTT
Operating Cash FlowLast quarter
$-47.0M
$-7.5M
Free Cash FlowOCF − Capex
$-47.1M
$-7.8M
FCF MarginFCF / Revenue
-16591.9%
-1838.9%
Capex IntensityCapex / Revenue
48.6%
62.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-132.8M
$-23.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNTH
DNTH
OPTT
OPTT
Q4 25
$-47.0M
$-7.5M
Q3 25
$-30.6M
$-5.6M
Q2 25
$-4.0M
Q1 25
$-27.6M
$-3.7M
Q4 24
$-27.4M
$-4.8M
Q3 24
$-21.3M
$-6.1M
Q2 24
$-14.5M
$-5.1M
Q1 24
$-14.9M
$-9.2M
Free Cash Flow
DNTH
DNTH
OPTT
OPTT
Q4 25
$-47.1M
$-7.8M
Q3 25
$-30.6M
$-7.1M
Q2 25
$-4.2M
Q1 25
$-27.7M
$-4.0M
Q4 24
$-27.5M
$-5.0M
Q3 24
$-21.3M
$-6.5M
Q2 24
$-14.5M
$-6.4M
Q1 24
$-15.0M
$-9.7M
FCF Margin
DNTH
DNTH
OPTT
OPTT
Q4 25
-16591.9%
-1838.9%
Q3 25
-7717.2%
-597.1%
Q2 25
-315.9%
Q1 25
-2377.8%
-480.0%
Q4 24
-2072.0%
-207.3%
Q3 24
-980.3%
-499.5%
Q2 24
-780.7%
-408.0%
Q1 24
-1713.2%
-543.6%
Capex Intensity
DNTH
DNTH
OPTT
OPTT
Q4 25
48.6%
62.7%
Q3 25
1.3%
122.9%
Q2 25
11.8%
Q1 25
2.1%
26.9%
Q4 24
2.3%
10.2%
Q3 24
1.2%
28.7%
Q2 24
0.9%
86.6%
Q1 24
3.7%
29.4%

Financial Flow Comparison

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

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