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

Snail, Inc. is the larger business by last-quarter revenue ($25.1M vs $16.1M, roughly 1.6× Fortress Biotech, Inc.). Snail, Inc. runs the higher net margin — -3.4% vs -24.5%, a 21.1% gap on every dollar of revenue. On growth, Fortress Biotech, Inc. posted the faster year-over-year revenue change (6.3% vs -4.2%). Over the past eight quarters, Snail, Inc.'s revenue compounded faster (33.4% CAGR vs 11.0%).

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.

Suzhou Snail Digital Technology Co., Ltd., doing business as Snail, is a Chinese video game company and a Virtual Network Operator headquartered in Suzhou, China, which has branches Snail Games and Snail Mobile. Its division, Snail USA, markets Snail Games products in North America, South America, & Europe. Snail Games products include massively multiplayer online (MMOs), real-time strategy (RTS), and casual games. Its global registered user base has reached over 70 million accounts. The U.S....

FBIO vs SNAL — Head-to-Head

Bigger by revenue
SNAL
SNAL
1.6× larger
SNAL
$25.1M
$16.1M
FBIO
Growing faster (revenue YoY)
FBIO
FBIO
+10.5% gap
FBIO
6.3%
-4.2%
SNAL
Higher net margin
SNAL
SNAL
21.1% more per $
SNAL
-3.4%
-24.5%
FBIO
Faster 2-yr revenue CAGR
SNAL
SNAL
Annualised
SNAL
33.4%
11.0%
FBIO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FBIO
FBIO
SNAL
SNAL
Revenue
$16.1M
$25.1M
Net Profit
$-3.9M
$-862.2K
Gross Margin
66.1%
38.3%
Operating Margin
-28.8%
-6.0%
Net Margin
-24.5%
-3.4%
Revenue YoY
6.3%
-4.2%
Net Profit YoY
41.8%
-177.0%
EPS (diluted)
$-0.15

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
SNAL
SNAL
Q4 25
$16.1M
$25.1M
Q3 25
$17.6M
$13.8M
Q2 25
$16.4M
$22.2M
Q1 25
$13.1M
$20.1M
Q4 24
$15.1M
$26.2M
Q3 24
$14.6M
$22.5M
Q2 24
$14.9M
$21.6M
Q1 24
$13.0M
$14.1M
Net Profit
FBIO
FBIO
SNAL
SNAL
Q4 25
$-3.9M
$-862.2K
Q3 25
$5.8M
$-7.9M
Q2 25
$15.5M
$-16.6M
Q1 25
$-10.6M
$-1.9M
Q4 24
$-6.8M
$1.1M
Q3 24
$-12.9M
$235.1K
Q2 24
$-10.9M
$2.3M
Q1 24
$-15.4M
$-1.8M
Gross Margin
FBIO
FBIO
SNAL
SNAL
Q4 25
66.1%
38.3%
Q3 25
67.4%
0.1%
Q2 25
69.9%
31.3%
Q1 25
63.5%
29.1%
Q4 24
69.1%
43.3%
Q3 24
69.4%
38.6%
Q2 24
61.6%
37.5%
Q1 24
53.9%
14.7%
Operating Margin
FBIO
FBIO
SNAL
SNAL
Q4 25
-28.8%
-6.0%
Q3 25
-38.6%
-71.3%
Q2 25
-222.2%
-8.2%
Q1 25
-169.9%
-20.4%
Q4 24
-158.3%
11.5%
Q3 24
-151.0%
1.8%
Q2 24
-186.5%
12.4%
Q1 24
-280.6%
-15.6%
Net Margin
FBIO
FBIO
SNAL
SNAL
Q4 25
-24.5%
-3.4%
Q3 25
33.2%
-56.9%
Q2 25
94.4%
-74.7%
Q1 25
-80.6%
-9.7%
Q4 24
-44.7%
4.3%
Q3 24
-88.0%
1.0%
Q2 24
-73.5%
10.4%
Q1 24
-118.3%
-12.6%
EPS (diluted)
FBIO
FBIO
SNAL
SNAL
Q4 25
$-0.15
Q3 25
$0.11
Q2 25
$0.45
$-0.44
Q1 25
$-0.48
$-0.06
Q4 24
$-0.16
$0.03
Q3 24
$-0.76
$0.01
Q2 24
$-0.73
$0.06
Q1 24
$-1.04
$-0.05

Balance Sheet & Financial Strength

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

Metric
FBIO
FBIO
SNAL
SNAL
Cash + ST InvestmentsLiquidity on hand
$79.4M
$8.6M
Total DebtLower is stronger
$52.4M
$14.6M
Stockholders' EquityBook value
$49.9M
$-16.4M
Total Assets
$185.5M
$59.3M
Debt / EquityLower = less leverage
1.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBIO
FBIO
SNAL
SNAL
Q4 25
$79.4M
$8.6M
Q3 25
$86.2M
$12.3M
Q2 25
$74.4M
$7.9M
Q1 25
$91.3M
$9.4M
Q4 24
$57.3M
$7.3M
Q3 24
$58.9M
$10.6M
Q2 24
$76.2M
$15.5M
Q1 24
$83.8M
$16.1M
Total Debt
FBIO
FBIO
SNAL
SNAL
Q4 25
$52.4M
$14.6M
Q3 25
$47.8M
$10.5M
Q2 25
$50.0M
$11.8M
Q1 25
$56.4M
$9.0M
Q4 24
$58.0M
$5.7M
Q3 24
$52.5M
$5.7M
Q2 24
$67.0M
$5.8M
Q1 24
$61.4M
$6.5M
Stockholders' Equity
FBIO
FBIO
SNAL
SNAL
Q4 25
$49.9M
$-16.4M
Q3 25
$55.9M
$-15.6M
Q2 25
$43.9M
$-8.0M
Q1 25
$22.3M
$9.1M
Q4 24
$22.7M
$9.7M
Q3 24
$21.2M
$8.2M
Q2 24
$17.9M
$7.9M
Q1 24
$23.0M
$5.6M
Total Assets
FBIO
FBIO
SNAL
SNAL
Q4 25
$185.5M
$59.3M
Q3 25
$181.4M
$51.1M
Q2 25
$159.9M
$58.0M
Q1 25
$178.1M
$64.5M
Q4 24
$144.2M
$62.2M
Q3 24
$127.1M
$66.8M
Q2 24
$145.7M
$75.4M
Q1 24
$164.6M
$78.3M
Debt / Equity
FBIO
FBIO
SNAL
SNAL
Q4 25
1.05×
Q3 25
0.86×
Q2 25
1.14×
Q1 25
2.53×
0.99×
Q4 24
2.55×
0.59×
Q3 24
2.48×
0.70×
Q2 24
3.75×
0.73×
Q1 24
2.67×
1.16×

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
SNAL
SNAL
Operating Cash FlowLast quarter
$-12.5M
$-5.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FBIO
FBIO
SNAL
SNAL
Q4 25
$-12.5M
$-5.3M
Q3 25
$-6.1M
$6.6M
Q2 25
$-27.6M
$-3.2M
Q1 25
$-19.6M
$764.5K
Q4 24
$-12.9M
$-3.6M
Q3 24
$-20.1M
$-5.0M
Q2 24
$-21.8M
$206.6K
Q1 24
$-25.4M
$6.8M
Capex Intensity
FBIO
FBIO
SNAL
SNAL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Cash Conversion
FBIO
FBIO
SNAL
SNAL
Q4 25
Q3 25
-1.04×
Q2 25
-1.78×
Q1 25
Q4 24
-3.21×
Q3 24
-21.05×
Q2 24
0.09×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FBIO
FBIO

Segment breakdown not available.

SNAL
SNAL

Pc$14.7M59%
Platform Three$5.2M21%
Platform Two$3.3M13%
Sales Channel Directly To Consumer Mobile Sale$1.6M6%

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