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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and KAMADA LTD (KMDA). Click either name above to swap in a different company.

KAMADA LTD is the larger business by last-quarter revenue ($47.0M vs $43.5M, roughly 1.1× DYNEX CAPITAL INC). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs 12.6%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs 12.0%).

Dynex Capital Inc. is a publicly traded real estate investment trust headquartered in the United States. It specializes in investing in and managing a diversified portfolio of mortgage-backed securities, residential and commercial mortgage loans, and other mortgage-related assets. It delivers consistent returns to shareholders via regular dividends and long-term capital growth.

Kamada Ltd. is a global biopharmaceutical company specializing in the research, manufacturing, and commercialization of specialty pharmaceuticals derived from human plasma.

DX vs KMDA — Head-to-Head

Bigger by revenue
KMDA
KMDA
1.1× larger
KMDA
$47.0M
$43.5M
DX
Growing faster (revenue YoY)
DX
DX
+518.7% gap
DX
531.3%
12.6%
KMDA
Faster 2-yr revenue CAGR
DX
DX
Annualised
DX
75.8%
12.0%
KMDA

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DX
DX
KMDA
KMDA
Revenue
$43.5M
$47.0M
Net Profit
$5.3M
Gross Margin
42.0%
Operating Margin
16.6%
Net Margin
11.3%
Revenue YoY
531.3%
12.6%
Net Profit YoY
37.1%
EPS (diluted)
$1.59
$0.09

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
DX
DX
KMDA
KMDA
Q4 25
$43.5M
Q3 25
$30.6M
$47.0M
Q2 25
$23.1M
$44.8M
Q1 25
$17.1M
$44.0M
Q3 24
$41.7M
Q2 24
$42.5M
Q1 24
$-3.2M
$37.7M
Q3 23
$37.9M
Net Profit
DX
DX
KMDA
KMDA
Q4 25
Q3 25
$150.4M
$5.3M
Q2 25
$-13.6M
$7.4M
Q1 25
$-3.1M
$4.0M
Q3 24
$3.9M
Q2 24
$4.4M
Q1 24
$40.1M
$2.4M
Q3 23
$3.2M
Gross Margin
DX
DX
KMDA
KMDA
Q4 25
Q3 25
42.0%
Q2 25
42.3%
Q1 25
47.1%
Q3 24
41.3%
Q2 24
44.6%
Q1 24
44.4%
Q3 23
39.0%
Operating Margin
DX
DX
KMDA
KMDA
Q4 25
Q3 25
16.6%
Q2 25
15.8%
Q1 25
17.7%
Q3 24
12.7%
Q2 24
13.3%
Q1 24
10.7%
Q3 23
11.5%
Net Margin
DX
DX
KMDA
KMDA
Q4 25
Q3 25
491.3%
11.3%
Q2 25
-58.8%
16.5%
Q1 25
-18.0%
9.0%
Q3 24
9.3%
Q2 24
10.4%
Q1 24
-1256.8%
6.3%
Q3 23
8.5%
EPS (diluted)
DX
DX
KMDA
KMDA
Q4 25
$1.59
Q3 25
$1.08
$0.09
Q2 25
$-0.14
$0.13
Q1 25
$-0.06
$0.07
Q3 24
$0.07
Q2 24
$0.08
Q1 24
$0.64
$0.04
Q3 23
$0.06

Balance Sheet & Financial Strength

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

Metric
DX
DX
KMDA
KMDA
Cash + ST InvestmentsLiquidity on hand
$531.0M
$72.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$265.2M
Total Assets
$17.3B
$377.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DX
DX
KMDA
KMDA
Q4 25
$531.0M
Q3 25
$491.0M
$72.0M
Q2 25
$387.5M
$66.0M
Q1 25
$327.4M
$76.3M
Q3 24
$72.0M
Q2 24
$56.5M
Q1 24
$295.7M
$48.2M
Q3 23
$52.6M
Stockholders' Equity
DX
DX
KMDA
KMDA
Q4 25
$2.5B
Q3 25
$2.0B
$265.2M
Q2 25
$1.6B
$260.0M
Q1 25
$1.4B
$252.0M
Q3 24
$255.3M
Q2 24
$251.2M
Q1 24
$958.5M
$251.2M
Q3 23
$238.4M
Total Assets
DX
DX
KMDA
KMDA
Q4 25
$17.3B
Q3 25
$14.2B
$377.2M
Q2 25
$11.3B
$368.2M
Q1 25
$9.0B
$375.1M
Q3 24
$351.2M
Q2 24
$351.0M
Q1 24
$6.3B
$343.2M
Q3 23
$337.1M

Cash Flow & Capital Efficiency

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

Metric
DX
DX
KMDA
KMDA
Operating Cash FlowLast quarter
$120.8M
$10.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.97×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DX
DX
KMDA
KMDA
Q4 25
$120.8M
Q3 25
$68.3M
$10.4M
Q2 25
$31.9M
$8.0M
Q1 25
$6.4M
$-513.0K
Q3 24
$22.2M
Q2 24
$14.0M
Q1 24
$-17.1M
$1.0M
Q3 23
$921.0K
Cash Conversion
DX
DX
KMDA
KMDA
Q4 25
Q3 25
0.45×
1.97×
Q2 25
1.09×
Q1 25
-0.13×
Q3 24
5.75×
Q2 24
3.15×
Q1 24
-0.43×
0.43×
Q3 23
0.29×

Financial Flow Comparison

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

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