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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and Niagen Bioscience, Inc. (NAGE). Click either name above to swap in a different company.

DYNEX CAPITAL INC is the larger business by last-quarter revenue ($43.5M vs $33.8M, roughly 1.3× Niagen Bioscience, Inc.). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs 16.2%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs 23.6%).

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.

Niagen Bioscience, formerly ChromaDex, is a bioscience сompany based in Los Angeles, California founded in 1999. The company operates in multiple sectors including reference standards, dietary supplements, and ingredient technology. Niagen Bioscience is publicly traded on the NASDAQ.

DX vs NAGE — Head-to-Head

Bigger by revenue
DX
DX
1.3× larger
DX
$43.5M
$33.8M
NAGE
Growing faster (revenue YoY)
DX
DX
+515.1% gap
DX
531.3%
16.2%
NAGE
Faster 2-yr revenue CAGR
DX
DX
Annualised
DX
75.8%
23.6%
NAGE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DX
DX
NAGE
NAGE
Revenue
$43.5M
$33.8M
Net Profit
$4.1M
Gross Margin
64.1%
Operating Margin
12.1%
Net Margin
12.2%
Revenue YoY
531.3%
16.2%
Net Profit YoY
-42.4%
EPS (diluted)
$1.59
$0.05

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
NAGE
NAGE
Q4 25
$43.5M
$33.8M
Q3 25
$30.6M
$34.0M
Q2 25
$23.1M
$31.1M
Q1 25
$17.1M
$30.5M
Q4 24
$29.1M
Q3 24
$25.6M
Q2 24
$22.7M
Q1 24
$-3.2M
$22.2M
Net Profit
DX
DX
NAGE
NAGE
Q4 25
$4.1M
Q3 25
$150.4M
$4.6M
Q2 25
$-13.6M
$3.6M
Q1 25
$-3.1M
$5.1M
Q4 24
$7.2M
Q3 24
$1.9M
Q2 24
$-15.0K
Q1 24
$40.1M
$-492.0K
Gross Margin
DX
DX
NAGE
NAGE
Q4 25
64.1%
Q3 25
64.5%
Q2 25
65.0%
Q1 25
63.4%
Q4 24
62.5%
Q3 24
63.5%
Q2 24
60.2%
Q1 24
60.7%
Operating Margin
DX
DX
NAGE
NAGE
Q4 25
12.1%
Q3 25
12.5%
Q2 25
10.2%
Q1 25
15.7%
Q4 24
24.4%
Q3 24
6.3%
Q2 24
-1.1%
Q1 24
-3.3%
Net Margin
DX
DX
NAGE
NAGE
Q4 25
12.2%
Q3 25
491.3%
13.5%
Q2 25
-58.8%
11.6%
Q1 25
-18.0%
16.6%
Q4 24
24.6%
Q3 24
7.3%
Q2 24
-0.1%
Q1 24
-1256.8%
-2.2%
EPS (diluted)
DX
DX
NAGE
NAGE
Q4 25
$1.59
$0.05
Q3 25
$1.08
$0.05
Q2 25
$-0.14
$0.04
Q1 25
$-0.06
$0.06
Q4 24
$0.10
Q3 24
$0.02
Q2 24
$0.00
Q1 24
$0.64
$-0.01

Balance Sheet & Financial Strength

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

Metric
DX
DX
NAGE
NAGE
Cash + ST InvestmentsLiquidity on hand
$531.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$76.5M
Total Assets
$17.3B
$106.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DX
DX
NAGE
NAGE
Q4 25
$531.0M
Q3 25
$491.0M
$64.1M
Q2 25
$387.5M
$60.3M
Q1 25
$327.4M
$55.5M
Q4 24
$44.5M
Q3 24
$32.2M
Q2 24
$27.7M
Q1 24
$295.7M
$27.4M
Stockholders' Equity
DX
DX
NAGE
NAGE
Q4 25
$2.5B
$76.5M
Q3 25
$2.0B
$70.7M
Q2 25
$1.6B
$64.2M
Q1 25
$1.4B
$55.3M
Q4 24
$46.1M
Q3 24
$34.4M
Q2 24
$30.7M
Q1 24
$958.5M
$29.0M
Total Assets
DX
DX
NAGE
NAGE
Q4 25
$17.3B
$106.4M
Q3 25
$14.2B
$98.1M
Q2 25
$11.3B
$91.5M
Q1 25
$9.0B
$81.3M
Q4 24
$68.3M
Q3 24
$56.5M
Q2 24
$54.0M
Q1 24
$6.3B
$54.1M

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
NAGE
NAGE
Operating Cash FlowLast quarter
$120.8M
$679.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.16×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DX
DX
NAGE
NAGE
Q4 25
$120.8M
$679.0K
Q3 25
$68.3M
$3.7M
Q2 25
$31.9M
$1.3M
Q1 25
$6.4M
$7.9M
Q4 24
$8.6M
Q3 24
$3.5M
Q2 24
$-264.0K
Q1 24
$-17.1M
$295.0K
Cash Conversion
DX
DX
NAGE
NAGE
Q4 25
0.16×
Q3 25
0.45×
0.81×
Q2 25
0.35×
Q1 25
1.56×
Q4 24
1.20×
Q3 24
1.86×
Q2 24
Q1 24
-0.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DX
DX

Segment breakdown not available.

NAGE
NAGE

TRUNIAGEN Consumer Product$27.5M81%
Ingredients Segment$5.7M17%
Other$694.0K2%

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