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Side-by-side financial comparison of Fortress Biotech, Inc. (FBIO) and JOINT Corp (JYNT). Click either name above to swap in a different company.

Fortress Biotech, Inc. is the larger business by last-quarter revenue ($16.1M vs $15.2M, roughly 1.1× JOINT Corp). JOINT Corp runs the higher net margin — 6.5% vs -24.5%, a 31.0% gap on every dollar of revenue. On growth, Fortress Biotech, Inc. posted the faster year-over-year revenue change (6.3% vs 3.1%). Over the past eight quarters, Fortress Biotech, Inc.'s revenue compounded faster (11.0% CAGR vs -28.6%).

Fortress Biotech Inc., commonly known as Fortress Bio, is a biopharmaceutical company that acquires, develops, and commercializes innovative pharmaceutical and biotechnology products. Led by CEO Lindsay A. Rosenwald, M.D., Fortress and most of its subsidiary companies are headquartered in Bay Harbor Islands, Florida.

The Joint Corp is a leading operator and franchisor of chiropractic care clinics primarily serving the U.S. market. It offers accessible, affordable routine chiropractic services, membership-based care plans, and caters to consumers seeking non-invasive musculoskeletal pain management and wellness support.

FBIO vs JYNT — Head-to-Head

Bigger by revenue
FBIO
FBIO
1.1× larger
FBIO
$16.1M
$15.2M
JYNT
Growing faster (revenue YoY)
FBIO
FBIO
+3.2% gap
FBIO
6.3%
3.1%
JYNT
Higher net margin
JYNT
JYNT
31.0% more per $
JYNT
6.5%
-24.5%
FBIO
Faster 2-yr revenue CAGR
FBIO
FBIO
Annualised
FBIO
11.0%
-28.6%
JYNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FBIO
FBIO
JYNT
JYNT
Revenue
$16.1M
$15.2M
Net Profit
$-3.9M
$991.1K
Gross Margin
66.1%
81.4%
Operating Margin
-28.8%
4.9%
Net Margin
-24.5%
6.5%
Revenue YoY
6.3%
3.1%
Net Profit YoY
41.8%
5510.5%
EPS (diluted)
$-0.15
$0.06

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
FBIO
FBIO
JYNT
JYNT
Q4 25
$16.1M
$15.2M
Q3 25
$17.6M
$13.4M
Q2 25
$16.4M
$13.3M
Q1 25
$13.1M
$13.1M
Q4 24
$15.1M
$14.7M
Q3 24
$14.6M
$30.2M
Q2 24
$14.9M
$30.3M
Q1 24
$13.0M
$29.7M
Net Profit
FBIO
FBIO
JYNT
JYNT
Q4 25
$-3.9M
$991.1K
Q3 25
$5.8M
$855.0K
Q2 25
$15.5M
$93.4K
Q1 25
$-10.6M
$967.8K
Q4 24
$-6.8M
$17.7K
Q3 24
$-12.9M
$-3.2M
Q2 24
$-10.9M
$-3.6M
Q1 24
$-15.4M
$947.0K
Gross Margin
FBIO
FBIO
JYNT
JYNT
Q4 25
66.1%
81.4%
Q3 25
67.4%
80.1%
Q2 25
69.9%
79.1%
Q1 25
63.5%
77.3%
Q4 24
69.1%
78.4%
Q3 24
69.4%
90.7%
Q2 24
61.6%
90.7%
Q1 24
53.9%
90.9%
Operating Margin
FBIO
FBIO
JYNT
JYNT
Q4 25
-28.8%
4.9%
Q3 25
-38.6%
1.2%
Q2 25
-222.2%
-8.6%
Q1 25
-169.9%
-5.2%
Q4 24
-158.3%
5.5%
Q3 24
-151.0%
-1.6%
Q2 24
-186.5%
-5.9%
Q1 24
-280.6%
-1.4%
Net Margin
FBIO
FBIO
JYNT
JYNT
Q4 25
-24.5%
6.5%
Q3 25
33.2%
6.4%
Q2 25
94.4%
0.7%
Q1 25
-80.6%
7.4%
Q4 24
-44.7%
0.1%
Q3 24
-88.0%
-10.5%
Q2 24
-73.5%
-11.9%
Q1 24
-118.3%
3.2%
EPS (diluted)
FBIO
FBIO
JYNT
JYNT
Q4 25
$-0.15
$0.06
Q3 25
$0.11
$0.06
Q2 25
$0.45
$0.01
Q1 25
$-0.48
$0.06
Q4 24
$-0.16
$0.01
Q3 24
$-0.76
$-0.21
Q2 24
$-0.73
$-0.24
Q1 24
$-1.04
$0.06

Balance Sheet & Financial Strength

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

Metric
FBIO
FBIO
JYNT
JYNT
Cash + ST InvestmentsLiquidity on hand
$79.4M
$23.6M
Total DebtLower is stronger
$52.4M
Stockholders' EquityBook value
$49.9M
$15.1M
Total Assets
$185.5M
$61.0M
Debt / EquityLower = less leverage
1.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBIO
FBIO
JYNT
JYNT
Q4 25
$79.4M
$23.6M
Q3 25
$86.2M
$29.7M
Q2 25
$74.4M
$29.8M
Q1 25
$91.3M
$21.9M
Q4 24
$57.3M
$25.1M
Q3 24
$58.9M
$20.7M
Q2 24
$76.2M
$17.5M
Q1 24
$83.8M
$18.7M
Total Debt
FBIO
FBIO
JYNT
JYNT
Q4 25
$52.4M
Q3 25
$47.8M
Q2 25
$50.0M
Q1 25
$56.4M
Q4 24
$58.0M
Q3 24
$52.5M
Q2 24
$67.0M
Q1 24
$61.4M
Stockholders' Equity
FBIO
FBIO
JYNT
JYNT
Q4 25
$49.9M
$15.1M
Q3 25
$55.9M
$22.7M
Q2 25
$43.9M
$23.2M
Q1 25
$22.3M
$22.8M
Q4 24
$22.7M
$20.7M
Q3 24
$21.2M
$20.5M
Q2 24
$17.9M
$23.2M
Q1 24
$23.0M
$26.2M
Total Assets
FBIO
FBIO
JYNT
JYNT
Q4 25
$185.5M
$61.0M
Q3 25
$181.4M
$69.4M
Q2 25
$159.9M
$73.2M
Q1 25
$178.1M
$80.1M
Q4 24
$144.2M
$83.2M
Q3 24
$127.1M
$79.6M
Q2 24
$145.7M
$82.4M
Q1 24
$164.6M
$85.7M
Debt / Equity
FBIO
FBIO
JYNT
JYNT
Q4 25
1.05×
Q3 25
0.86×
Q2 25
1.14×
Q1 25
2.53×
Q4 24
2.55×
Q3 24
2.48×
Q2 24
3.75×
Q1 24
2.67×

Cash Flow & Capital Efficiency

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

Metric
FBIO
FBIO
JYNT
JYNT
Operating Cash FlowLast quarter
$-12.5M
$1.8M
Free Cash FlowOCF − Capex
$334.7K
FCF MarginFCF / Revenue
2.2%
Capex IntensityCapex / Revenue
9.9%
Cash ConversionOCF / Net Profit
1.86×
TTM Free Cash FlowTrailing 4 quarters
$-1.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FBIO
FBIO
JYNT
JYNT
Q4 25
$-12.5M
$1.8M
Q3 25
$-6.1M
$1.8M
Q2 25
$-27.6M
$868.6K
Q1 25
$-19.6M
$-3.7M
Q4 24
$-12.9M
$9.4M
Q3 24
$-20.1M
$3.4M
Q2 24
$-21.8M
$-973.5K
Q1 24
$-25.4M
$2.8M
Free Cash Flow
FBIO
FBIO
JYNT
JYNT
Q4 25
$334.7K
Q3 25
$1.5M
Q2 25
$363.6K
Q1 25
$-4.0M
Q4 24
$8.2M
Q3 24
$3.2M
Q2 24
$-1.2M
Q1 24
$2.4M
FCF Margin
FBIO
FBIO
JYNT
JYNT
Q4 25
2.2%
Q3 25
10.9%
Q2 25
2.7%
Q1 25
-30.8%
Q4 24
55.9%
Q3 24
10.6%
Q2 24
-4.1%
Q1 24
8.1%
Capex Intensity
FBIO
FBIO
JYNT
JYNT
Q4 25
9.9%
Q3 25
2.4%
Q2 25
3.8%
Q1 25
2.5%
Q4 24
8.1%
Q3 24
0.0%
0.8%
Q2 24
0.9%
Q1 24
1.3%
Cash Conversion
FBIO
FBIO
JYNT
JYNT
Q4 25
1.86×
Q3 25
-1.04×
2.07×
Q2 25
-1.78×
9.30×
Q1 25
-3.82×
Q4 24
532.98×
Q3 24
Q2 24
Q1 24
2.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FBIO
FBIO

Segment breakdown not available.

JYNT
JYNT

Transferred At Point In Time$12.8M84%
Transferred Over Time$2.4M16%

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