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Side-by-side financial comparison of Direct Digital Holdings, Inc. (DRCT) and RAPID MICRO BIOSYSTEMS, INC. (RPID). Click either name above to swap in a different company.

RAPID MICRO BIOSYSTEMS, INC. is the larger business by last-quarter revenue ($11.3M vs $8.4M, roughly 1.3× Direct Digital Holdings, Inc.). RAPID MICRO BIOSYSTEMS, INC. runs the higher net margin — -110.8% vs -138.7%, a 27.9% gap on every dollar of revenue. On growth, RAPID MICRO BIOSYSTEMS, INC. posted the faster year-over-year revenue change (37.3% vs -7.4%). Over the past eight quarters, RAPID MICRO BIOSYSTEMS, INC.'s revenue compounded faster (41.8% CAGR vs -38.6%).

Devolver Digital, Inc. is an American video game publisher based in Austin, Texas, specializing in the publishing of indie games. The company was founded in June 2009 by Nigel Lowrie, Harry Miller, Graeme Struthers, Rick Stults, and Mike Wilson, five executives who had been involved with Gathering of Developers and Gamecock Media Group, which published games on developer-friendly terms, but due to the high cost associated with releasing retail games saw themselves acquired and dissolved by la...

Rapid Micro Biosystems, Inc. develops and manufactures automated microbial detection and quality control solutions for the life sciences industry. Its core products serve biopharmaceutical manufacturers, contract development and manufacturing organizations, operating across key global markets including North America, Europe and Asia-Pacific, helping clients cut testing timelines and improve operational efficiency.

DRCT vs RPID — Head-to-Head

Bigger by revenue
RPID
RPID
1.3× larger
RPID
$11.3M
$8.4M
DRCT
Growing faster (revenue YoY)
RPID
RPID
+44.7% gap
RPID
37.3%
-7.4%
DRCT
Higher net margin
RPID
RPID
27.9% more per $
RPID
-110.8%
-138.7%
DRCT
Faster 2-yr revenue CAGR
RPID
RPID
Annualised
RPID
41.8%
-38.6%
DRCT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DRCT
DRCT
RPID
RPID
Revenue
$8.4M
$11.3M
Net Profit
$-11.7M
$-12.5M
Gross Margin
26.8%
Operating Margin
-53.4%
-108.2%
Net Margin
-138.7%
-110.8%
Revenue YoY
-7.4%
37.3%
Net Profit YoY
-434.7%
-29.3%
EPS (diluted)
$-74.97
$-0.26

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
DRCT
DRCT
RPID
RPID
Q4 25
$8.4M
$11.3M
Q3 25
$8.0M
$7.8M
Q2 25
$10.1M
$7.3M
Q1 25
$8.2M
$7.2M
Q4 24
$9.1M
$8.2M
Q3 24
$9.1M
$7.6M
Q2 24
$21.9M
$6.6M
Q1 24
$22.3M
$5.6M
Net Profit
DRCT
DRCT
RPID
RPID
Q4 25
$-11.7M
$-12.5M
Q3 25
$-2.7M
$-11.5M
Q2 25
$-2.2M
$-11.9M
Q1 25
$-2.4M
$-11.3M
Q4 24
$-2.2M
$-9.7M
Q3 24
$-2.7M
$-11.3M
Q2 24
$-590.0K
$-12.6M
Q1 24
$-775.0K
$-13.3M
Gross Margin
DRCT
DRCT
RPID
RPID
Q4 25
26.8%
Q3 25
27.7%
Q2 25
35.1%
Q1 25
29.3%
Q4 24
32.5%
Q3 24
38.7%
Q2 24
27.1%
Q1 24
22.4%
Operating Margin
DRCT
DRCT
RPID
RPID
Q4 25
-53.4%
-108.2%
Q3 25
-49.0%
-145.1%
Q2 25
-23.9%
-167.3%
Q1 25
-48.1%
-161.8%
Q4 24
-51.8%
-124.5%
Q3 24
-40.3%
-158.3%
Q2 24
-9.4%
-202.1%
Q1 24
-12.6%
-254.4%
Net Margin
DRCT
DRCT
RPID
RPID
Q4 25
-138.7%
-110.8%
Q3 25
-33.6%
-146.8%
Q2 25
-22.2%
-163.3%
Q1 25
-28.9%
-156.3%
Q4 24
-24.0%
-117.6%
Q3 24
-29.6%
-148.9%
Q2 24
-2.7%
-190.1%
Q1 24
-3.5%
-237.4%
EPS (diluted)
DRCT
DRCT
RPID
RPID
Q4 25
$-74.97
$-0.26
Q3 25
$-0.24
$-0.26
Q2 25
$-0.23
$-0.27
Q1 25
$-0.35
$-0.26
Q4 24
$-90.17
$-0.22
Q3 24
$-0.71
$-0.26
Q2 24
$-0.16
$-0.29
Q1 24
$-0.22
$-0.31

Balance Sheet & Financial Strength

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

Metric
DRCT
DRCT
RPID
RPID
Cash + ST InvestmentsLiquidity on hand
$728.0K
$20.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-7.0M
$33.2M
Total Assets
$20.2M
$74.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DRCT
DRCT
RPID
RPID
Q4 25
$728.0K
$20.0M
Q3 25
$871.0K
$18.9M
Q2 25
$1.6M
$18.3M
Q1 25
$1.8M
$18.9M
Q4 24
$1.4M
$16.9M
Q3 24
$4.1M
$22.0M
Q2 24
$1.1M
$37.1M
Q1 24
$3.3M
$22.4M
Total Debt
DRCT
DRCT
RPID
RPID
Q4 25
Q3 25
$10.8M
Q2 25
$33.5M
Q1 25
$32.9M
Q4 24
Q3 24
$150.0K
Q2 24
$34.8M
Q1 24
$32.4M
Stockholders' Equity
DRCT
DRCT
RPID
RPID
Q4 25
$-7.0M
$33.2M
Q3 25
$-6.7M
$44.3M
Q2 25
$-24.6M
$54.5M
Q1 25
$-23.3M
$65.5M
Q4 24
$-19.7M
$75.4M
Q3 24
$-16.7M
$84.4M
Q2 24
$-10.5M
$94.6M
Q1 24
$-7.5M
$105.9M
Total Assets
DRCT
DRCT
RPID
RPID
Q4 25
$20.2M
$74.9M
Q3 25
$22.5M
$84.4M
Q2 25
$23.3M
$75.6M
Q1 25
$23.8M
$85.4M
Q4 24
$26.0M
$98.2M
Q3 24
$31.3M
$105.8M
Q2 24
$48.5M
$117.1M
Q1 24
$52.8M
$127.7M

Cash Flow & Capital Efficiency

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

Metric
DRCT
DRCT
RPID
RPID
Operating Cash FlowLast quarter
$-1.9M
$-3.2M
Free Cash FlowOCF − Capex
$-3.3M
FCF MarginFCF / Revenue
-29.6%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-31.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DRCT
DRCT
RPID
RPID
Q4 25
$-1.9M
$-3.2M
Q3 25
$-1.6M
$-9.1M
Q2 25
$-2.7M
$-9.7M
Q1 25
$-2.7M
$-9.1M
Q4 24
$-1.6M
$-9.9M
Q3 24
$3.0M
$-8.6M
Q2 24
$-4.4M
$-10.1M
Q1 24
$-5.7M
$-15.5M
Free Cash Flow
DRCT
DRCT
RPID
RPID
Q4 25
$-3.3M
Q3 25
$-9.1M
Q2 25
$-10.1M
Q1 25
$-9.4M
Q4 24
$-10.0M
Q3 24
$-8.8M
Q2 24
$-10.6M
Q1 24
$-16.1M
FCF Margin
DRCT
DRCT
RPID
RPID
Q4 25
-29.6%
Q3 25
-116.4%
Q2 25
-138.6%
Q1 25
-130.2%
Q4 24
-121.8%
Q3 24
-116.0%
Q2 24
-159.8%
Q1 24
-287.1%
Capex Intensity
DRCT
DRCT
RPID
RPID
Q4 25
0.8%
Q3 25
0.9%
Q2 25
5.0%
Q1 25
4.4%
Q4 24
1.2%
Q3 24
2.9%
Q2 24
6.9%
Q1 24
10.4%

Financial Flow Comparison

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

Revenue Breakdown by Segment

DRCT
DRCT

Buy Side Advertising$8.2M98%
Other$183.0K2%

RPID
RPID

Products$9.3M83%
Services$2.0M17%

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