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Side-by-side financial comparison of FATE THERAPEUTICS INC (FATE) and United Maritime Corp (USEA). Click either name above to swap in a different company.

United Maritime Corp is the larger business by last-quarter revenue ($1.8M vs $1.4M, roughly 1.3× FATE THERAPEUTICS INC). United Maritime Corp produced more free cash flow last quarter ($-477.0K vs $-112.0M).

Insys Therapeutics was an American specialty pharmaceutical company based in Chandler, Arizona in 1990. Its main product was Subsys, a sublingual liquid form of the drug fentanyl. Fentanyl is an extremely fast-acting and powerful opioid used to relieve breakthrough pain in cancer patients, and prescription of fentanyl in the US for such pain usually requires documented failure of more conservative therapies.

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

FATE vs USEA — Head-to-Head

Bigger by revenue
USEA
USEA
1.3× larger
USEA
$1.8M
$1.4M
FATE
More free cash flow
USEA
USEA
$111.6M more FCF
USEA
$-477.0K
$-112.0M
FATE

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FATE
FATE
USEA
USEA
Revenue
$1.4M
$1.8M
Net Profit
$1.1M
Gross Margin
Operating Margin
Net Margin
59.6%
Revenue YoY
-26.4%
Net Profit YoY
37.9%
EPS (diluted)
$0.13

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
FATE
FATE
USEA
USEA
Q4 25
$1.4M
Q3 25
$1.7M
$1.8M
Q2 25
$1.9M
Q1 25
$1.6M
Q4 24
$1.9M
Q3 24
$3.1M
Q2 24
$6.8M
Q1 24
$1.9M
Net Profit
FATE
FATE
USEA
USEA
Q4 25
Q3 25
$-32.3M
$1.1M
Q2 25
$-34.1M
Q1 25
$-37.6M
Q4 24
Q3 24
$-47.7M
Q2 24
$-38.4M
Q1 24
$-48.0M
Operating Margin
FATE
FATE
USEA
USEA
Q4 25
Q3 25
-1995.1%
Q2 25
-1938.5%
Q1 25
-2534.1%
Q4 24
Q3 24
-1703.9%
Q2 24
-665.7%
Q1 24
-2652.9%
Net Margin
FATE
FATE
USEA
USEA
Q4 25
Q3 25
-1852.4%
59.6%
Q2 25
-1786.6%
Q1 25
-2309.5%
Q4 24
Q3 24
-1551.0%
Q2 24
-567.4%
Q1 24
-2493.7%
EPS (diluted)
FATE
FATE
USEA
USEA
Q4 25
Q3 25
$-0.27
$0.13
Q2 25
$-0.29
Q1 25
$-0.32
Q4 24
Q3 24
$-0.40
Q2 24
$-0.33
Q1 24
$-0.47

Balance Sheet & Financial Strength

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

Metric
FATE
FATE
USEA
USEA
Cash + ST InvestmentsLiquidity on hand
$203.7M
$19.7M
Total DebtLower is stronger
$49.5M
Stockholders' EquityBook value
$207.2M
$57.5M
Total Assets
$318.9M
$144.2M
Debt / EquityLower = less leverage
0.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FATE
FATE
USEA
USEA
Q4 25
$203.7M
Q3 25
$215.4M
$19.7M
Q2 25
$222.8M
Q1 25
$240.4M
Q4 24
$279.1M
Q3 24
$296.9M
Q2 24
$304.9M
Q1 24
$121.3M
Total Debt
FATE
FATE
USEA
USEA
Q4 25
Q3 25
$49.5M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FATE
FATE
USEA
USEA
Q4 25
$207.2M
Q3 25
$234.1M
$57.5M
Q2 25
$261.4M
Q1 25
$288.4M
Q4 24
$318.7M
Q3 24
$362.3M
Q2 24
$397.0M
Q1 24
$426.1M
Total Assets
FATE
FATE
USEA
USEA
Q4 25
$318.9M
Q3 25
$343.7M
$144.2M
Q2 25
$371.6M
Q1 25
$398.7M
Q4 24
$440.7M
Q3 24
$495.0M
Q2 24
$528.8M
Q1 24
$569.9M
Debt / Equity
FATE
FATE
USEA
USEA
Q4 25
Q3 25
0.86×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
FATE
FATE
USEA
USEA
Operating Cash FlowLast quarter
$-106.1M
$-444.0K
Free Cash FlowOCF − Capex
$-112.0M
$-477.0K
FCF MarginFCF / Revenue
-8183.9%
-26.1%
Capex IntensityCapex / Revenue
434.8%
1.8%
Cash ConversionOCF / Net Profit
-0.41×
TTM Free Cash FlowTrailing 4 quarters
$-199.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FATE
FATE
USEA
USEA
Q4 25
$-106.1M
Q3 25
$-24.4M
$-444.0K
Q2 25
$-24.6M
Q1 25
$-33.8M
Q4 24
$-122.9M
Q3 24
$-29.4M
Q2 24
$-32.3M
Q1 24
$-33.4M
Free Cash Flow
FATE
FATE
USEA
USEA
Q4 25
$-112.0M
Q3 25
$-26.6M
$-477.0K
Q2 25
$-25.9M
Q1 25
$-35.0M
Q4 24
$-123.6M
Q3 24
$-29.9M
Q2 24
$-32.4M
Q1 24
$-33.4M
FCF Margin
FATE
FATE
USEA
USEA
Q4 25
-8183.9%
Q3 25
-1526.5%
-26.1%
Q2 25
-1360.7%
Q1 25
-2148.9%
Q4 24
-6645.4%
Q3 24
-973.1%
Q2 24
-477.8%
Q1 24
-1736.9%
Capex Intensity
FATE
FATE
USEA
USEA
Q4 25
434.8%
Q3 25
126.5%
1.8%
Q2 25
71.4%
Q1 25
73.4%
Q4 24
39.2%
Q3 24
16.1%
Q2 24
0.8%
Q1 24
4.5%
Cash Conversion
FATE
FATE
USEA
USEA
Q4 25
Q3 25
-0.41×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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