vs

Side-by-side financial comparison of DYNAVAX TECHNOLOGIES CORP (DVAX) and Ranger Energy Services, Inc. (RNGR). Click either name above to swap in a different company.

Ranger Energy Services, Inc. is the larger business by last-quarter revenue ($142.2M vs $94.9M, roughly 1.5× DYNAVAX TECHNOLOGIES CORP). DYNAVAX TECHNOLOGIES CORP runs the higher net margin — 28.4% vs 2.3%, a 26.1% gap on every dollar of revenue. On growth, DYNAVAX TECHNOLOGIES CORP posted the faster year-over-year revenue change (17.7% vs -0.6%). DYNAVAX TECHNOLOGIES CORP produced more free cash flow last quarter ($32.6M vs $17.1M). Over the past eight quarters, DYNAVAX TECHNOLOGIES CORP's revenue compounded faster (30.6% CAGR vs 1.9%).

Dynavax Technologies Corp is a commercial-stage biopharmaceutical company specializing in the research, development, and production of innovative vaccines and immunotherapies for infectious diseases. Its lead approved product is Heplisav-B, an adult hepatitis B vaccine, with core markets in North America and Europe, alongside a pipeline of candidates addressing unmet public health needs.

Ranger Energy Services, Inc. is a leading North American onshore oilfield services provider. It offers a full suite of well completion, workover, rig operations, and production enhancement solutions for upstream oil and gas operators, primarily serving active unconventional shale and tight resource basins across the continental United States.

DVAX vs RNGR — Head-to-Head

Bigger by revenue
RNGR
RNGR
1.5× larger
RNGR
$142.2M
$94.9M
DVAX
Growing faster (revenue YoY)
DVAX
DVAX
+18.3% gap
DVAX
17.7%
-0.6%
RNGR
Higher net margin
DVAX
DVAX
26.1% more per $
DVAX
28.4%
2.3%
RNGR
More free cash flow
DVAX
DVAX
$15.5M more FCF
DVAX
$32.6M
$17.1M
RNGR
Faster 2-yr revenue CAGR
DVAX
DVAX
Annualised
DVAX
30.6%
1.9%
RNGR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DVAX
DVAX
RNGR
RNGR
Revenue
$94.9M
$142.2M
Net Profit
$26.9M
$3.2M
Gross Margin
Operating Margin
22.4%
2.3%
Net Margin
28.4%
2.3%
Revenue YoY
17.7%
-0.6%
Net Profit YoY
53.0%
-44.8%
EPS (diluted)
$0.21
$0.14

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
DVAX
DVAX
RNGR
RNGR
Q4 25
$142.2M
Q3 25
$94.9M
$128.9M
Q2 25
$95.4M
$140.6M
Q1 25
$68.2M
$135.2M
Q4 24
$72.0M
$143.1M
Q3 24
$80.6M
$153.0M
Q2 24
$73.8M
$138.1M
Q1 24
$50.8M
$136.9M
Net Profit
DVAX
DVAX
RNGR
RNGR
Q4 25
$3.2M
Q3 25
$26.9M
$1.2M
Q2 25
$18.7M
$7.3M
Q1 25
$-96.1M
$600.0K
Q4 24
$7.0M
$5.8M
Q3 24
$17.6M
$8.7M
Q2 24
$11.4M
$4.7M
Q1 24
$-8.7M
$-800.0K
Operating Margin
DVAX
DVAX
RNGR
RNGR
Q4 25
2.3%
Q3 25
22.4%
2.0%
Q2 25
15.1%
6.1%
Q1 25
-34.7%
0.7%
Q4 24
-2.3%
6.2%
Q3 24
12.5%
8.4%
Q2 24
7.0%
5.3%
Q1 24
-35.0%
-0.4%
Net Margin
DVAX
DVAX
RNGR
RNGR
Q4 25
2.3%
Q3 25
28.4%
0.9%
Q2 25
19.6%
5.2%
Q1 25
-141.0%
0.4%
Q4 24
9.8%
4.1%
Q3 24
21.8%
5.7%
Q2 24
15.4%
3.4%
Q1 24
-17.2%
-0.6%
EPS (diluted)
DVAX
DVAX
RNGR
RNGR
Q4 25
$0.14
Q3 25
$0.21
$0.05
Q2 25
$0.14
$0.32
Q1 25
$-0.77
$0.03
Q4 24
$0.07
$0.24
Q3 24
$0.12
$0.39
Q2 24
$0.08
$0.21
Q1 24
$-0.07
$-0.03

Balance Sheet & Financial Strength

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

Metric
DVAX
DVAX
RNGR
RNGR
Cash + ST InvestmentsLiquidity on hand
$160.2M
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$534.1M
$300.1M
Total Assets
$946.5M
$419.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DVAX
DVAX
RNGR
RNGR
Q4 25
$10.3M
Q3 25
$160.2M
$45.2M
Q2 25
$99.1M
$48.9M
Q1 25
$51.7M
$40.3M
Q4 24
$95.9M
$40.9M
Q3 24
$119.3M
$14.8M
Q2 24
$112.5M
$8.7M
Q1 24
$132.0M
$11.1M
Total Debt
DVAX
DVAX
RNGR
RNGR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
$0
Q2 24
$0
Q1 24
$0
Stockholders' Equity
DVAX
DVAX
RNGR
RNGR
Q4 25
$300.1M
Q3 25
$534.1M
$270.0M
Q2 25
$494.2M
$276.9M
Q1 25
$530.9M
$272.6M
Q4 24
$596.8M
$273.8M
Q3 24
$681.4M
$267.6M
Q2 24
$642.8M
$260.5M
Q1 24
$618.5M
$261.7M
Total Assets
DVAX
DVAX
RNGR
RNGR
Q4 25
$419.3M
Q3 25
$946.5M
$372.8M
Q2 25
$918.4M
$381.7M
Q1 25
$945.9M
$376.5M
Q4 24
$986.3M
$381.6M
Q3 24
$1.1B
$373.9M
Q2 24
$1.0B
$359.6M
Q1 24
$986.6M
$355.5M
Debt / Equity
DVAX
DVAX
RNGR
RNGR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
DVAX
DVAX
RNGR
RNGR
Operating Cash FlowLast quarter
$33.8M
$24.1M
Free Cash FlowOCF − Capex
$32.6M
$17.1M
FCF MarginFCF / Revenue
34.4%
12.0%
Capex IntensityCapex / Revenue
1.3%
4.9%
Cash ConversionOCF / Net Profit
1.26×
7.53×
TTM Free Cash FlowTrailing 4 quarters
$80.5M
$42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DVAX
DVAX
RNGR
RNGR
Q4 25
$24.1M
Q3 25
$33.8M
$13.6M
Q2 25
$23.4M
$20.7M
Q1 25
$-19.6M
$10.6M
Q4 24
$53.0M
$32.7M
Q3 24
$19.5M
$17.7M
Q2 24
$10.7M
$22.1M
Q1 24
$-16.7M
$12.0M
Free Cash Flow
DVAX
DVAX
RNGR
RNGR
Q4 25
$17.1M
Q3 25
$32.6M
$8.0M
Q2 25
$22.0M
$14.4M
Q1 25
$-23.6M
$3.4M
Q4 24
$49.5M
$27.3M
Q3 24
$18.1M
$10.8M
Q2 24
$9.9M
$6.8M
Q1 24
$-17.4M
$5.5M
FCF Margin
DVAX
DVAX
RNGR
RNGR
Q4 25
12.0%
Q3 25
34.4%
6.2%
Q2 25
23.0%
10.2%
Q1 25
-34.6%
2.5%
Q4 24
68.8%
19.1%
Q3 24
22.5%
7.1%
Q2 24
13.5%
4.9%
Q1 24
-34.3%
4.0%
Capex Intensity
DVAX
DVAX
RNGR
RNGR
Q4 25
4.9%
Q3 25
1.3%
4.3%
Q2 25
1.5%
4.5%
Q1 25
5.8%
5.3%
Q4 24
4.8%
3.8%
Q3 24
1.7%
4.5%
Q2 24
1.1%
11.1%
Q1 24
1.5%
4.7%
Cash Conversion
DVAX
DVAX
RNGR
RNGR
Q4 25
7.53×
Q3 25
1.26×
11.33×
Q2 25
1.25×
2.84×
Q1 25
17.67×
Q4 24
7.52×
5.64×
Q3 24
1.11×
2.03×
Q2 24
0.94×
4.70×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DVAX
DVAX

HEPLISAVB$90.0M95%
US Department Of Defense$4.7M5%

RNGR
RNGR

High Specification Rigs$92.3M65%
Processing Solutions And Ancillary Services$37.5M26%
Wireline Services$12.4M9%

Related Comparisons