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Side-by-side financial comparison of GYRE THERAPEUTICS, INC. (GYRE) and Ladder Capital Corp (LADR). Click either name above to swap in a different company.

GYRE THERAPEUTICS, INC. is the larger business by last-quarter revenue ($37.2M vs $22.3M, roughly 1.7× Ladder Capital Corp). Ladder Capital Corp runs the higher net margin — 71.0% vs -3.7%, a 74.7% gap on every dollar of revenue. On growth, GYRE THERAPEUTICS, INC. posted the faster year-over-year revenue change (33.4% vs -18.0%). Ladder Capital Corp produced more free cash flow last quarter ($78.7M vs $-5.8M). Over the past eight quarters, GYRE THERAPEUTICS, INC.'s revenue compounded faster (17.0% CAGR vs -22.5%).

GYRE Therapeutics, Inc. is a clinical-stage biopharmaceutical company dedicated to developing novel targeted therapies for hard-to-treat hematologic malignancies and solid tumors. It focuses on precision oncology to address unmet patient needs, with operations primarily based in North America.

Ladder Capital Corp is a leading commercial real estate finance firm operating primarily across the United States. It originates and manages a diversified portfolio of senior secured commercial mortgage loans, mezzanine debt, commercial mortgage-backed securities, and direct real estate assets, serving property owners, operators and developers across major market segments.

GYRE vs LADR — Head-to-Head

Bigger by revenue
GYRE
GYRE
1.7× larger
GYRE
$37.2M
$22.3M
LADR
Growing faster (revenue YoY)
GYRE
GYRE
+51.4% gap
GYRE
33.4%
-18.0%
LADR
Higher net margin
LADR
LADR
74.7% more per $
LADR
71.0%
-3.7%
GYRE
More free cash flow
LADR
LADR
$84.4M more FCF
LADR
$78.7M
$-5.8M
GYRE
Faster 2-yr revenue CAGR
GYRE
GYRE
Annualised
GYRE
17.0%
-22.5%
LADR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GYRE
GYRE
LADR
LADR
Revenue
$37.2M
$22.3M
Net Profit
$-1.4M
$15.9M
Gross Margin
95.3%
Operating Margin
0.3%
69.5%
Net Margin
-3.7%
71.0%
Revenue YoY
33.4%
-18.0%
Net Profit YoY
-340.1%
-49.4%
EPS (diluted)
$-0.01
$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
GYRE
GYRE
LADR
LADR
Q4 25
$37.2M
$22.3M
Q3 25
$30.6M
$27.8M
Q2 25
$26.8M
$21.5M
Q1 25
$22.1M
$20.3M
Q4 24
$27.9M
$27.2M
Q3 24
$25.5M
$38.4M
Q2 24
$25.2M
$34.3M
Q1 24
$27.2M
$37.1M
Net Profit
GYRE
GYRE
LADR
LADR
Q4 25
$-1.4M
$15.9M
Q3 25
$5.9M
$19.2M
Q2 25
$1.6M
$17.1M
Q1 25
$3.7M
$11.6M
Q4 24
$569.0K
$31.3M
Q3 24
$2.9M
$27.6M
Q2 24
$4.5M
$32.1M
Q1 24
$9.9M
$16.4M
Gross Margin
GYRE
GYRE
LADR
LADR
Q4 25
95.3%
Q3 25
94.7%
Q2 25
95.7%
Q1 25
95.9%
Q4 24
95.8%
Q3 24
96.2%
Q2 24
96.9%
Q1 24
96.4%
Operating Margin
GYRE
GYRE
LADR
LADR
Q4 25
0.3%
69.5%
Q3 25
22.7%
72.4%
Q2 25
8.1%
96.7%
Q1 25
10.3%
52.7%
Q4 24
2.4%
Q3 24
16.6%
74.1%
Q2 24
12.7%
90.4%
Q1 24
29.7%
49.4%
Net Margin
GYRE
GYRE
LADR
LADR
Q4 25
-3.7%
71.0%
Q3 25
19.4%
69.0%
Q2 25
5.9%
79.5%
Q1 25
16.9%
56.8%
Q4 24
2.0%
115.1%
Q3 24
11.2%
71.7%
Q2 24
18.0%
93.6%
Q1 24
36.6%
44.2%
EPS (diluted)
GYRE
GYRE
LADR
LADR
Q4 25
$-0.01
$0.13
Q3 25
$0.03
$0.15
Q2 25
$0.00
$0.14
Q1 25
$0.00
$0.09
Q4 24
$0.00
$0.25
Q3 24
$0.01
$0.22
Q2 24
$0.01
$0.26
Q1 24
$0.03
$0.13

Balance Sheet & Financial Strength

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

Metric
GYRE
GYRE
LADR
LADR
Cash + ST InvestmentsLiquidity on hand
$52.4M
$38.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$106.0M
$1.5B
Total Assets
$166.1M
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GYRE
GYRE
LADR
LADR
Q4 25
$52.4M
$38.0M
Q3 25
$60.0M
$49.4M
Q2 25
$54.4M
$134.9M
Q1 25
$29.9M
$479.8M
Q4 24
$26.7M
$1.3B
Q3 24
$25.1M
$1.6B
Q2 24
$25.1M
$1.2B
Q1 24
$37.4M
$1.2B
Stockholders' Equity
GYRE
GYRE
LADR
LADR
Q4 25
$106.0M
$1.5B
Q3 25
$101.9M
$1.5B
Q2 25
$92.0M
$1.5B
Q1 25
$68.1M
$1.5B
Q4 24
$63.3M
$1.5B
Q3 24
$63.2M
$1.5B
Q2 24
$60.4M
$1.5B
Q1 24
$56.6M
$1.5B
Total Assets
GYRE
GYRE
LADR
LADR
Q4 25
$166.1M
$5.2B
Q3 25
$159.4M
$4.7B
Q2 25
$152.6M
$4.5B
Q1 25
$129.8M
$4.5B
Q4 24
$125.4M
$4.8B
Q3 24
$125.2M
$4.8B
Q2 24
$120.9M
$4.8B
Q1 24
$122.0M
$5.3B

Cash Flow & Capital Efficiency

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

Metric
GYRE
GYRE
LADR
LADR
Operating Cash FlowLast quarter
$-5.6M
$87.0M
Free Cash FlowOCF − Capex
$-5.8M
$78.7M
FCF MarginFCF / Revenue
-15.5%
352.4%
Capex IntensityCapex / Revenue
0.4%
37.4%
Cash ConversionOCF / Net Profit
5.49×
TTM Free Cash FlowTrailing 4 quarters
$-180.0K
$118.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GYRE
GYRE
LADR
LADR
Q4 25
$-5.6M
$87.0M
Q3 25
$4.7M
$26.3M
Q2 25
$2.1M
$44.0M
Q1 25
$-129.0K
$-28.7M
Q4 24
$-2.8M
$133.9M
Q3 24
$1.7M
$169.0M
Q2 24
$-5.5M
$45.4M
Q1 24
$2.9M
$-20.4M
Free Cash Flow
GYRE
GYRE
LADR
LADR
Q4 25
$-5.8M
$78.7M
Q3 25
$4.0M
$25.9M
Q2 25
$1.8M
$43.4M
Q1 25
$-251.0K
$-29.6M
Q4 24
$-2.8M
$127.4M
Q3 24
$1.0M
$166.0M
Q2 24
$-6.9M
$44.9M
Q1 24
$2.7M
$-21.7M
FCF Margin
GYRE
GYRE
LADR
LADR
Q4 25
-15.5%
352.4%
Q3 25
13.1%
93.1%
Q2 25
6.8%
201.6%
Q1 25
-1.1%
-145.6%
Q4 24
-10.1%
468.2%
Q3 24
4.1%
432.1%
Q2 24
-27.5%
131.0%
Q1 24
9.8%
-58.6%
Capex Intensity
GYRE
GYRE
LADR
LADR
Q4 25
0.4%
37.4%
Q3 25
2.2%
1.7%
Q2 25
1.0%
2.9%
Q1 25
0.6%
4.3%
Q4 24
0.2%
23.9%
Q3 24
2.7%
7.8%
Q2 24
5.8%
1.3%
Q1 24
0.9%
3.7%
Cash Conversion
GYRE
GYRE
LADR
LADR
Q4 25
5.49×
Q3 25
0.79×
1.37×
Q2 25
1.32×
2.57×
Q1 25
-0.03×
-2.49×
Q4 24
-4.85×
4.27×
Q3 24
0.60×
6.13×
Q2 24
-1.21×
1.41×
Q1 24
0.29×
-1.24×

Financial Flow Comparison

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

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