vs
Side-by-side financial comparison of Fat Brands, Inc (FAT) and Stoke Therapeutics, Inc. (STOK). Click either name above to swap in a different company.
Stoke Therapeutics, Inc. is the larger business by last-quarter revenue ($158.6M vs $140.0M, roughly 1.1× Fat Brands, Inc). Stoke Therapeutics, Inc. runs the higher net margin — 71.2% vs -41.6%, a 112.8% gap on every dollar of revenue. On growth, Stoke Therapeutics, Inc. posted the faster year-over-year revenue change (3661.1% vs -2.3%). Stoke Therapeutics, Inc. produced more free cash flow last quarter ($131.7M vs $-16.9M).
FAT Brands Inc. is an American multi-brand restaurant and sports bar franchise operator headquartered in Beverly Hills, California.
Stoke Therapeutics, Inc. is a clinical-stage biotechnology company developing innovative RNA-targeted therapies for severe rare genetic diseases. Its lead candidates address unmet needs for Dravet syndrome, a rare epilepsy, and other neurological monogenic disorders, serving patients across North America and global markets.
FAT vs STOK — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2025
| Metric | | |
|---|---|---|
| Revenue | $140.0M | $158.6M |
| Net Profit | $-58.2M | $112.9M |
| Gross Margin | — | — |
| Operating Margin | -12.4% | 70.2% |
| Net Margin | -41.6% | 71.2% |
| Revenue YoY | -2.3% | 3661.1% |
| Net Profit YoY | -30.1% | 528.0% |
| EPS (diluted) | $-3.39 | $1.90 |
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.
| Q3 25 | $140.0M | — | ||
| Q2 25 | $146.8M | — | ||
| Q1 25 | $142.0M | $158.6M | ||
| Q4 24 | $145.3M | $22.6M | ||
| Q3 24 | $143.4M | — | ||
| Q2 24 | $152.0M | — | ||
| Q1 24 | $152.0M | — | ||
| Q4 23 | $158.6M | — |
| Q3 25 | $-58.2M | — | ||
| Q2 25 | $-54.2M | — | ||
| Q1 25 | $-46.0M | $112.9M | ||
| Q4 24 | $-67.4M | $-10.5M | ||
| Q3 24 | $-44.8M | — | ||
| Q2 24 | $-39.4M | — | ||
| Q1 24 | $-38.3M | — | ||
| Q4 23 | $-26.2M | — |
| Q3 25 | -12.4% | — | ||
| Q2 25 | -10.6% | — | ||
| Q1 25 | -6.0% | 70.2% | ||
| Q4 24 | -27.1% | -60.4% | ||
| Q3 24 | -6.2% | — | ||
| Q2 24 | -1.8% | — | ||
| Q1 24 | -0.9% | — | ||
| Q4 23 | -2.0% | — |
| Q3 25 | -41.6% | — | ||
| Q2 25 | -36.9% | — | ||
| Q1 25 | -32.4% | 71.2% | ||
| Q4 24 | -46.4% | -46.4% | ||
| Q3 24 | -31.2% | — | ||
| Q2 24 | -25.9% | — | ||
| Q1 24 | -25.2% | — | ||
| Q4 23 | -16.5% | — |
| Q3 25 | $-3.39 | — | ||
| Q2 25 | $-3.17 | — | ||
| Q1 25 | $-2.73 | $1.90 | ||
| Q4 24 | $-4.06 | $-0.15 | ||
| Q3 24 | $-2.74 | — | ||
| Q2 24 | $-2.43 | — | ||
| Q1 24 | $-2.37 | — | ||
| Q4 23 | $-1.68 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $274.8M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $-585.8M | $350.1M |
| Total Assets | $1.2B | $406.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $274.8M | ||
| Q4 24 | — | $128.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — | ||
| Q4 23 | $1.2B | — |
| Q3 25 | $-585.8M | — | ||
| Q2 25 | $-536.5M | — | ||
| Q1 25 | $-493.9M | $350.1M | ||
| Q4 24 | $-455.7M | $229.0M | ||
| Q3 24 | $-386.1M | — | ||
| Q2 24 | $-338.6M | — | ||
| Q1 24 | $-296.8M | — | ||
| Q4 23 | $-255.9M | — |
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.3B | $406.9M | ||
| Q4 24 | $1.3B | $271.6M | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — | ||
| Q4 23 | $1.4B | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-14.5M | $131.8M |
| Free Cash FlowOCF − Capex | $-16.9M | $131.7M |
| FCF MarginFCF / Revenue | -12.1% | 83.0% |
| Capex IntensityCapex / Revenue | 1.7% | 0.1% |
| Cash ConversionOCF / Net Profit | — | 1.17× |
| TTM Free Cash FlowTrailing 4 quarters | $-75.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $-14.5M | — | ||
| Q2 25 | $-26.9M | — | ||
| Q1 25 | $-13.2M | $131.8M | ||
| Q4 24 | $-10.4M | $-23.2M | ||
| Q3 24 | $-3.2M | — | ||
| Q2 24 | $-14.2M | — | ||
| Q1 24 | $-28.4M | — | ||
| Q4 23 | $-12.6M | — |
| Q3 25 | $-16.9M | — | ||
| Q2 25 | $-29.3M | — | ||
| Q1 25 | $-17.8M | $131.7M | ||
| Q4 24 | $-11.0M | $-23.2M | ||
| Q3 24 | $-11.1M | — | ||
| Q2 24 | $-24.4M | — | ||
| Q1 24 | $-32.5M | — | ||
| Q4 23 | $-18.0M | — |
| Q3 25 | -12.1% | — | ||
| Q2 25 | -20.0% | — | ||
| Q1 25 | -12.5% | 83.0% | ||
| Q4 24 | -7.6% | -102.7% | ||
| Q3 24 | -7.7% | — | ||
| Q2 24 | -16.1% | — | ||
| Q1 24 | -21.4% | — | ||
| Q4 23 | -11.4% | — |
| Q3 25 | 1.7% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 3.2% | 0.1% | ||
| Q4 24 | 0.4% | 0.2% | ||
| Q3 24 | 5.5% | — | ||
| Q2 24 | 6.7% | — | ||
| Q1 24 | 2.7% | — | ||
| Q4 23 | 3.4% | — |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.17× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FAT
| Restaurant Sales | $96.6M | 69% |
| Royalty | $21.6M | 15% |
| Factory | $9.6M | 7% |
| Advertising | $9.1M | 7% |
| Franchisor | $1.5M | 1% |
| Other | $1.5M | 1% |
STOK
Segment breakdown not available.
