vs

Side-by-side financial comparison of GYRE THERAPEUTICS, INC. (GYRE) and WASHINGTON TRUST BANCORP INC (WASH). Click either name above to swap in a different company.

WASHINGTON TRUST BANCORP INC is the larger business by last-quarter revenue ($57.8M vs $37.2M, roughly 1.6× GYRE THERAPEUTICS, INC.). WASHINGTON TRUST BANCORP INC runs the higher net margin — 21.8% vs -3.7%, a 25.5% gap on every dollar of revenue. Over the past eight quarters, GYRE THERAPEUTICS, INC.'s revenue compounded faster (17.0% CAGR vs 9.5%).

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.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

GYRE vs WASH — Head-to-Head

Bigger by revenue
WASH
WASH
1.6× larger
WASH
$57.8M
$37.2M
GYRE
Higher net margin
WASH
WASH
25.5% more per $
WASH
21.8%
-3.7%
GYRE
Faster 2-yr revenue CAGR
GYRE
GYRE
Annualised
GYRE
17.0%
9.5%
WASH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GYRE
GYRE
WASH
WASH
Revenue
$37.2M
$57.8M
Net Profit
$-1.4M
$12.6M
Gross Margin
95.3%
Operating Margin
0.3%
Net Margin
-3.7%
21.8%
Revenue YoY
33.4%
Net Profit YoY
-340.1%
3.5%
EPS (diluted)
$-0.01
$0.66

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
WASH
WASH
Q1 26
$57.8M
Q4 25
$37.2M
$59.3M
Q3 25
$30.6M
$56.5M
Q2 25
$26.8M
$54.3M
Q1 25
$22.1M
$59.1M
Q4 24
$27.9M
$12.4M
Q3 24
$25.5M
$48.5M
Q2 24
$25.2M
$48.2M
Net Profit
GYRE
GYRE
WASH
WASH
Q1 26
$12.6M
Q4 25
$-1.4M
$16.0M
Q3 25
$5.9M
$10.8M
Q2 25
$1.6M
$13.2M
Q1 25
$3.7M
$12.2M
Q4 24
$569.0K
$-60.8M
Q3 24
$2.9M
$11.0M
Q2 24
$4.5M
$10.8M
Gross Margin
GYRE
GYRE
WASH
WASH
Q1 26
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%
Operating Margin
GYRE
GYRE
WASH
WASH
Q1 26
Q4 25
0.3%
34.9%
Q3 25
22.7%
24.7%
Q2 25
8.1%
31.6%
Q1 25
10.3%
26.5%
Q4 24
2.4%
-648.7%
Q3 24
16.6%
28.5%
Q2 24
12.7%
28.7%
Net Margin
GYRE
GYRE
WASH
WASH
Q1 26
21.8%
Q4 25
-3.7%
27.0%
Q3 25
19.4%
19.2%
Q2 25
5.9%
24.4%
Q1 25
16.9%
20.6%
Q4 24
2.0%
-491.4%
Q3 24
11.2%
22.6%
Q2 24
18.0%
22.4%
EPS (diluted)
GYRE
GYRE
WASH
WASH
Q1 26
$0.66
Q4 25
$-0.01
$0.84
Q3 25
$0.03
$0.56
Q2 25
$0.00
$0.68
Q1 25
$0.00
$0.63
Q4 24
$0.00
$-3.54
Q3 24
$0.01
$0.64
Q2 24
$0.01
$0.63

Balance Sheet & Financial Strength

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

Metric
GYRE
GYRE
WASH
WASH
Cash + ST InvestmentsLiquidity on hand
$52.4M
$12.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$106.0M
$546.8M
Total Assets
$166.1M
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GYRE
GYRE
WASH
WASH
Q1 26
$12.3M
Q4 25
$52.4M
Q3 25
$60.0M
Q2 25
$54.4M
Q1 25
$29.9M
Q4 24
$26.7M
Q3 24
$25.1M
Q2 24
$25.1M
Stockholders' Equity
GYRE
GYRE
WASH
WASH
Q1 26
$546.8M
Q4 25
$106.0M
$543.6M
Q3 25
$101.9M
$533.0M
Q2 25
$92.0M
$527.5M
Q1 25
$68.1M
$521.7M
Q4 24
$63.3M
$499.7M
Q3 24
$63.2M
$502.2M
Q2 24
$60.4M
$471.0M
Total Assets
GYRE
GYRE
WASH
WASH
Q1 26
$6.5B
Q4 25
$166.1M
$6.6B
Q3 25
$159.4M
$6.7B
Q2 25
$152.6M
$6.7B
Q1 25
$129.8M
$6.6B
Q4 24
$125.4M
$6.9B
Q3 24
$125.2M
$7.1B
Q2 24
$120.9M
$7.2B

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
WASH
WASH
Operating Cash FlowLast quarter
$-5.6M
Free Cash FlowOCF − Capex
$-5.8M
FCF MarginFCF / Revenue
-15.5%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-180.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GYRE
GYRE
WASH
WASH
Q1 26
Q4 25
$-5.6M
$80.3M
Q3 25
$4.7M
$39.6M
Q2 25
$2.1M
$11.3M
Q1 25
$-129.0K
$8.4M
Q4 24
$-2.8M
$57.7M
Q3 24
$1.7M
$25.7M
Q2 24
$-5.5M
$11.2M
Free Cash Flow
GYRE
GYRE
WASH
WASH
Q1 26
Q4 25
$-5.8M
$78.3M
Q3 25
$4.0M
$39.3M
Q2 25
$1.8M
$10.9M
Q1 25
$-251.0K
$8.4M
Q4 24
$-2.8M
$53.7M
Q3 24
$1.0M
$24.4M
Q2 24
$-6.9M
$9.6M
FCF Margin
GYRE
GYRE
WASH
WASH
Q1 26
Q4 25
-15.5%
132.2%
Q3 25
13.1%
69.6%
Q2 25
6.8%
20.2%
Q1 25
-1.1%
14.2%
Q4 24
-10.1%
433.8%
Q3 24
4.1%
50.4%
Q2 24
-27.5%
19.8%
Capex Intensity
GYRE
GYRE
WASH
WASH
Q1 26
Q4 25
0.4%
3.4%
Q3 25
2.2%
0.6%
Q2 25
1.0%
0.7%
Q1 25
0.6%
0.1%
Q4 24
0.2%
32.3%
Q3 24
2.7%
2.6%
Q2 24
5.8%
3.4%
Cash Conversion
GYRE
GYRE
WASH
WASH
Q1 26
Q4 25
5.03×
Q3 25
0.79×
3.65×
Q2 25
1.32×
0.86×
Q1 25
-0.03×
0.69×
Q4 24
-4.85×
Q3 24
0.60×
2.34×
Q2 24
-1.21×
1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GYRE
GYRE

Segment breakdown not available.

WASH
WASH

Net Interest Income$40.5M70%
Noninterest Income$17.3M30%

Related Comparisons