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Side-by-side financial comparison of FENNEC PHARMACEUTICALS INC. (FENC) and PARK AEROSPACE CORP (PKE). Click either name above to swap in a different company.

PARK AEROSPACE CORP is the larger business by last-quarter revenue ($17.3M vs $13.8M, roughly 1.3× FENNEC PHARMACEUTICALS INC.). PARK AEROSPACE CORP runs the higher net margin — 17.0% vs -34.7%, a 51.8% gap on every dollar of revenue. On growth, FENNEC PHARMACEUTICALS INC. posted the faster year-over-year revenue change (73.8% vs 20.3%). Over the past eight quarters, PARK AEROSPACE CORP's revenue compounded faster (3.0% CAGR vs -26.3%).

Fennec Pharmaceuticals Inc. is a biopharmaceutical firm focused on developing and commercializing therapies to reduce treatment-related side effects in pediatric cancer patients. Its lead product targets chemotherapy-induced ototoxicity, with core North American markets serving oncology providers and vulnerable pediatric patient groups.

Park Electrochemical Corp, now called the Park Aerospace Corp, is a Melville, New York-based materials manufacturer for the telecommunications, Internet infrastructure, high-end computing, and aerospace industries. It produces high-technology digital and radio frequency(RF)/microwave printed circuit material products, composite materials. Its printed circuit materials are used for complex multilayer printed circuit boards and other electronic interconnection systems, such as multilayer back-p...

FENC vs PKE — Head-to-Head

Bigger by revenue
PKE
PKE
1.3× larger
PKE
$17.3M
$13.8M
FENC
Growing faster (revenue YoY)
FENC
FENC
+53.5% gap
FENC
73.8%
20.3%
PKE
Higher net margin
PKE
PKE
51.8% more per $
PKE
17.0%
-34.7%
FENC
Faster 2-yr revenue CAGR
PKE
PKE
Annualised
PKE
3.0%
-26.3%
FENC

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FENC
FENC
PKE
PKE
Revenue
$13.8M
$17.3M
Net Profit
$-4.8M
$3.0M
Gross Margin
34.1%
Operating Margin
-18.5%
21.0%
Net Margin
-34.7%
17.0%
Revenue YoY
73.8%
20.3%
Net Profit YoY
-141.1%
87.1%
EPS (diluted)
$-0.17
$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
FENC
FENC
PKE
PKE
Q4 25
$13.8M
$17.3M
Q3 25
$12.5M
$16.4M
Q2 25
$9.7M
$15.4M
Q1 25
$8.8M
$16.9M
Q4 24
$7.9M
$14.4M
Q3 24
$7.0M
$16.7M
Q2 24
$7.3M
$14.0M
Q1 24
$25.4M
$16.3M
Net Profit
FENC
FENC
PKE
PKE
Q4 25
$-4.8M
$3.0M
Q3 25
$-638.0K
$2.4M
Q2 25
$-3.2M
$2.1M
Q1 25
$-1.2M
$1.2M
Q4 24
$-2.0M
$1.6M
Q3 24
$-5.7M
$2.1M
Q2 24
$-5.6M
$993.0K
Q1 24
$12.8M
$2.7M
Gross Margin
FENC
FENC
PKE
PKE
Q4 25
34.1%
Q3 25
31.2%
Q2 25
30.6%
Q1 25
29.3%
Q4 24
26.6%
Q3 24
28.5%
Q2 24
29.3%
Q1 24
27.3%
Operating Margin
FENC
FENC
PKE
PKE
Q4 25
-18.5%
21.0%
Q3 25
-1.5%
17.4%
Q2 25
-28.3%
15.7%
Q1 25
-9.2%
16.8%
Q4 24
-11.8%
12.8%
Q3 24
-74.6%
15.7%
Q2 24
-69.4%
14.9%
Q1 24
54.2%
15.7%
Net Margin
FENC
FENC
PKE
PKE
Q4 25
-34.7%
17.0%
Q3 25
-5.1%
14.7%
Q2 25
-32.7%
13.5%
Q1 25
-13.3%
7.4%
Q4 24
-25.0%
10.9%
Q3 24
-82.2%
12.4%
Q2 24
-76.5%
7.1%
Q1 24
50.6%
16.3%
EPS (diluted)
FENC
FENC
PKE
PKE
Q4 25
$-0.17
$0.15
Q3 25
$-0.02
$0.12
Q2 25
$-0.11
$0.10
Q1 25
$-0.04
$0.06
Q4 24
$-0.02
$0.08
Q3 24
$-0.21
$0.10
Q2 24
$-0.20
$0.05
Q1 24
$0.41
$0.13

Balance Sheet & Financial Strength

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

Metric
FENC
FENC
PKE
PKE
Cash + ST InvestmentsLiquidity on hand
$36.8M
$63.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$35.5M
$106.6M
Total Assets
$70.6M
$118.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FENC
FENC
PKE
PKE
Q4 25
$36.8M
$63.6M
Q3 25
$21.9M
$61.6M
Q2 25
$18.7M
$65.6M
Q1 25
$22.7M
$68.8M
Q4 24
$26.6M
$70.0M
Q3 24
$40.3M
$72.0M
Q2 24
$43.1M
$74.4M
Q1 24
$51.2M
$77.2M
Total Debt
FENC
FENC
PKE
PKE
Q4 25
Q3 25
$19.4M
Q2 25
$19.4M
Q1 25
$19.4M
Q4 24
$19.3M
Q3 24
$32.1M
Q2 24
$31.8M
Q1 24
$31.3M
Stockholders' Equity
FENC
FENC
PKE
PKE
Q4 25
$35.5M
$106.6M
Q3 25
$-4.5M
$105.8M
Q2 25
$-7.5M
$105.0M
Q1 25
$-5.9M
$107.2M
Q4 24
$-5.9M
$107.4M
Q3 24
$-5.2M
$110.3M
Q2 24
$-1.4M
$111.7M
Q1 24
$3.0M
$112.9M
Total Assets
FENC
FENC
PKE
PKE
Q4 25
$70.6M
$118.1M
Q3 25
$49.3M
$116.4M
Q2 25
$44.9M
$120.7M
Q1 25
$46.4M
$122.1M
Q4 24
$44.9M
$124.2M
Q3 24
$58.9M
$125.1M
Q2 24
$63.2M
$129.4M
Q1 24
$69.2M
$132.3M
Debt / Equity
FENC
FENC
PKE
PKE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
10.40×

Cash Flow & Capital Efficiency

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

Metric
FENC
FENC
PKE
PKE
Operating Cash FlowLast quarter
$-6.0M
$5.1M
Free Cash FlowOCF − Capex
$4.3M
FCF MarginFCF / Revenue
24.6%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
1.73×
TTM Free Cash FlowTrailing 4 quarters
$3.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FENC
FENC
PKE
PKE
Q4 25
$-6.0M
$5.1M
Q3 25
$1.5M
$-2.1M
Q2 25
$-3.7M
$1.6M
Q1 25
$-4.3M
$969.0K
Q4 24
$-1.5M
$2.7M
Q3 24
$-2.2M
$1.4M
Q2 24
$-8.4M
$-423.0K
Q1 24
$39.0M
$5.3M
Free Cash Flow
FENC
FENC
PKE
PKE
Q4 25
$4.3M
Q3 25
$-2.3M
Q2 25
$1.1M
Q1 25
$338.0K
Q4 24
$2.7M
Q3 24
$1.3M
Q2 24
$-435.0K
Q1 24
$5.1M
FCF Margin
FENC
FENC
PKE
PKE
Q4 25
24.6%
Q3 25
-14.0%
Q2 25
7.2%
Q1 25
2.0%
Q4 24
18.6%
Q3 24
7.5%
Q2 24
-3.1%
Q1 24
31.4%
Capex Intensity
FENC
FENC
PKE
PKE
Q4 25
4.8%
Q3 25
1.1%
Q2 25
3.1%
Q1 25
3.7%
Q4 24
0.4%
Q3 24
1.2%
Q2 24
0.1%
Q1 24
1.0%
Cash Conversion
FENC
FENC
PKE
PKE
Q4 25
1.73×
Q3 25
-0.88×
Q2 25
0.76×
Q1 25
0.78×
Q4 24
1.73×
Q3 24
0.70×
Q2 24
-0.43×
Q1 24
3.04×
1.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FENC
FENC

Segment breakdown not available.

PKE
PKE

North America$16.8M97%
Other$546.0K3%

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