vs

Side-by-side financial comparison of Dianthus Therapeutics, Inc. (DNTH) and Vir Biotechnology, Inc. (VIR). Click either name above to swap in a different company.

Dianthus Therapeutics, Inc. is the larger business by last-quarter revenue ($284.0K vs $240.0K, roughly 1.2× Vir Biotechnology, Inc.). Dianthus Therapeutics, Inc. runs the higher net margin — -22687.3% vs -67975.4%, a 45288.1% gap on every dollar of revenue. On growth, Dianthus Therapeutics, Inc. posted the faster year-over-year revenue change (-78.6% vs -89.9%). Dianthus Therapeutics, Inc. produced more free cash flow last quarter ($-47.1M vs $-167.9M). Over the past eight quarters, Dianthus Therapeutics, Inc.'s revenue compounded faster (-44.6% CAGR vs -88.0%).

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.

Vir Biotechnology, Inc. is a clinical-stage immunology company focused on developing innovative therapies and vaccines to address serious infectious diseases including COVID-19, hepatitis B, HIV, and influenza. It operates primarily in the global biopharmaceutical market, collaborating with leading industry partners to advance its pipeline of targeted immune-based solutions for patient populations worldwide.

DNTH vs VIR — Head-to-Head

Bigger by revenue
DNTH
DNTH
1.2× larger
DNTH
$284.0K
$240.0K
VIR
Growing faster (revenue YoY)
DNTH
DNTH
+11.3% gap
DNTH
-78.6%
-89.9%
VIR
Higher net margin
DNTH
DNTH
45288.1% more per $
DNTH
-22687.3%
-67975.4%
VIR
More free cash flow
DNTH
DNTH
$120.8M more FCF
DNTH
$-47.1M
$-167.9M
VIR
Faster 2-yr revenue CAGR
DNTH
DNTH
Annualised
DNTH
-44.6%
-88.0%
VIR

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DNTH
DNTH
VIR
VIR
Revenue
$284.0K
$240.0K
Net Profit
$-64.4M
$-163.1M
Gross Margin
Operating Margin
-24486.3%
-72267.9%
Net Margin
-22687.3%
-67975.4%
Revenue YoY
-78.6%
-89.9%
Net Profit YoY
-126.6%
23.7%
EPS (diluted)
$-1.53
$-1.17

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
VIR
VIR
Q4 25
$284.0K
Q3 25
$396.0K
$240.0K
Q2 25
$1.2M
Q1 25
$1.2M
$3.0M
Q4 24
$1.3M
$12.4M
Q3 24
$2.2M
$2.4M
Q2 24
$1.9M
$3.1M
Q1 24
$874.0K
$56.4M
Net Profit
DNTH
DNTH
VIR
VIR
Q4 25
$-64.4M
Q3 25
$-36.8M
$-163.1M
Q2 25
$-111.0M
Q1 25
$-29.5M
$-121.0M
Q4 24
$-28.4M
Q3 24
$-25.2M
$-213.7M
Q2 24
$-17.6M
$-138.4M
Q1 24
$-13.7M
$-65.3M
Gross Margin
DNTH
DNTH
VIR
VIR
Q4 25
Q3 25
Q2 25
99.1%
Q1 25
Q4 24
Q3 24
97.9%
Q2 24
98.3%
Q1 24
99.9%
Operating Margin
DNTH
DNTH
VIR
VIR
Q4 25
-24486.3%
Q3 25
-10173.7%
-72267.9%
Q2 25
-9754.3%
Q1 25
-2852.7%
-4602.5%
Q4 24
-2406.9%
Q3 24
-1376.6%
-9718.7%
Q2 24
-1191.8%
-5158.7%
Q1 24
-2041.6%
-142.0%
Net Margin
DNTH
DNTH
VIR
VIR
Q4 25
-22687.3%
Q3 25
-9284.1%
-67975.4%
Q2 25
-9139.9%
Q1 25
-2537.5%
-3989.6%
Q4 24
-2144.8%
Q3 24
-1159.0%
-8979.7%
Q2 24
-945.1%
-4500.1%
Q1 24
-1573.0%
-115.8%
EPS (diluted)
DNTH
DNTH
VIR
VIR
Q4 25
$-1.53
Q3 25
$-0.97
$-1.17
Q2 25
$-0.80
Q1 25
$-0.82
$-0.88
Q4 24
$-0.76
Q3 24
$-0.74
$-1.56
Q2 24
$-0.51
$-1.02
Q1 24
$-0.54
$-0.48

Balance Sheet & Financial Strength

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

Metric
DNTH
DNTH
VIR
VIR
Cash + ST InvestmentsLiquidity on hand
$404.3M
$497.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$493.4M
$796.1M
Total Assets
$530.9M
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNTH
DNTH
VIR
VIR
Q4 25
$404.3M
Q3 25
$402.6M
$497.8M
Q2 25
$598.7M
Q1 25
$263.2M
$790.9M
Q4 24
$275.2M
$901.0M
Q3 24
$281.1M
$909.0M
Q2 24
$360.7M
$1.1B
Q1 24
$377.0M
$1.1B
Stockholders' Equity
DNTH
DNTH
VIR
VIR
Q4 25
$493.4M
Q3 25
$546.5M
$796.1M
Q2 25
$947.5M
Q1 25
$328.6M
$1.0B
Q4 24
$352.5M
$1.2B
Q3 24
$337.9M
$1.2B
Q2 24
$358.2M
$1.4B
Q1 24
$372.7M
$1.5B
Total Assets
DNTH
DNTH
VIR
VIR
Q4 25
$530.9M
Q3 25
$577.4M
$1.0B
Q2 25
$1.2B
Q1 25
$348.6M
$1.3B
Q4 24
$374.0M
$1.4B
Q3 24
$354.2M
$1.5B
Q2 24
$369.0M
$1.7B
Q1 24
$382.5M
$1.8B

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
VIR
VIR
Operating Cash FlowLast quarter
$-47.0M
$-167.6M
Free Cash FlowOCF − Capex
$-47.1M
$-167.9M
FCF MarginFCF / Revenue
-16591.9%
-69952.9%
Capex IntensityCapex / Revenue
48.6%
132.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-132.8M
$-824.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNTH
DNTH
VIR
VIR
Q4 25
$-47.0M
Q3 25
$-30.6M
$-167.6M
Q2 25
$-120.2M
Q1 25
$-27.6M
$-78.1M
Q4 24
$-27.4M
$-446.4M
Q3 24
$-21.3M
$-171.5M
Q2 24
$-14.5M
$-77.8M
Q1 24
$-14.9M
$-109.4M
Free Cash Flow
DNTH
DNTH
VIR
VIR
Q4 25
$-47.1M
Q3 25
$-30.6M
$-167.9M
Q2 25
$-122.8M
Q1 25
$-27.7M
$-79.7M
Q4 24
$-27.5M
$-453.7M
Q3 24
$-21.3M
$-174.2M
Q2 24
$-14.5M
$-78.5M
Q1 24
$-15.0M
$-111.3M
FCF Margin
DNTH
DNTH
VIR
VIR
Q4 25
-16591.9%
Q3 25
-7717.2%
-69952.9%
Q2 25
-10111.8%
Q1 25
-2377.8%
-2630.1%
Q4 24
-2072.0%
-3666.2%
Q3 24
-980.3%
-7321.3%
Q2 24
-780.7%
-2553.3%
Q1 24
-1713.2%
-197.4%
Capex Intensity
DNTH
DNTH
VIR
VIR
Q4 25
48.6%
Q3 25
1.3%
132.1%
Q2 25
209.1%
Q1 25
2.1%
53.7%
Q4 24
2.3%
59.0%
Q3 24
1.2%
116.3%
Q2 24
0.9%
21.7%
Q1 24
3.7%
3.3%

Financial Flow Comparison

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

Related Comparisons