vs

Side-by-side financial comparison of HighPeak Energy, Inc. (HPK) and PTC THERAPEUTICS, INC. (PTCT). Click either name above to swap in a different company.

HighPeak Energy, Inc. is the larger business by last-quarter revenue ($216.6M vs $164.7M, roughly 1.3× PTC THERAPEUTICS, INC.). HighPeak Energy, Inc. runs the higher net margin — -11.6% vs -82.0%, a 70.3% gap on every dollar of revenue. On growth, PTC THERAPEUTICS, INC. posted the faster year-over-year revenue change (-22.7% vs -23.3%). Over the past eight quarters, PTC THERAPEUTICS, INC.'s revenue compounded faster (-11.5% CAGR vs -13.2%).

Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.

PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.

HPK vs PTCT — Head-to-Head

Bigger by revenue
HPK
HPK
1.3× larger
HPK
$216.6M
$164.7M
PTCT
Growing faster (revenue YoY)
PTCT
PTCT
+0.6% gap
PTCT
-22.7%
-23.3%
HPK
Higher net margin
HPK
HPK
70.3% more per $
HPK
-11.6%
-82.0%
PTCT
Faster 2-yr revenue CAGR
PTCT
PTCT
Annualised
PTCT
-11.5%
-13.2%
HPK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HPK
HPK
PTCT
PTCT
Revenue
$216.6M
$164.7M
Net Profit
$-25.2M
$-135.0M
Gross Margin
Operating Margin
-7.6%
-43.3%
Net Margin
-11.6%
-82.0%
Revenue YoY
-23.3%
-22.7%
Net Profit YoY
-380.7%
-104.8%
EPS (diluted)
$-0.16
$-1.63

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
HPK
HPK
PTCT
PTCT
Q4 25
$216.6M
$164.7M
Q3 25
$188.9M
$211.0M
Q2 25
$200.4M
$178.9M
Q1 25
$257.4M
$1.2B
Q4 24
$282.6M
$213.2M
Q3 24
$271.6M
$196.8M
Q2 24
$275.3M
$186.7M
Q1 24
$287.8M
$210.1M
Net Profit
HPK
HPK
PTCT
PTCT
Q4 25
$-25.2M
$-135.0M
Q3 25
$-18.3M
$15.9M
Q2 25
$26.2M
$-64.8M
Q1 25
$36.3M
$866.6M
Q4 24
$9.0M
$-65.9M
Q3 24
$49.9M
$-106.7M
Q2 24
$29.7M
$-99.2M
Q1 24
$6.4M
$-91.6M
Operating Margin
HPK
HPK
PTCT
PTCT
Q4 25
-7.6%
-43.3%
Q3 25
17.3%
1.4%
Q2 25
21.7%
-19.5%
Q1 25
35.1%
82.5%
Q4 24
26.1%
-76.2%
Q3 24
27.0%
-27.7%
Q2 24
31.7%
-21.5%
Q1 24
35.8%
-21.6%
Net Margin
HPK
HPK
PTCT
PTCT
Q4 25
-11.6%
-82.0%
Q3 25
-9.7%
7.5%
Q2 25
13.1%
-36.3%
Q1 25
14.1%
73.7%
Q4 24
3.2%
-30.9%
Q3 24
18.4%
-54.2%
Q2 24
10.8%
-53.1%
Q1 24
2.2%
-43.6%
EPS (diluted)
HPK
HPK
PTCT
PTCT
Q4 25
$-0.16
$-1.63
Q3 25
$-0.15
$0.20
Q2 25
$0.19
$-0.83
Q1 25
$0.26
$10.04
Q4 24
$0.06
$-0.85
Q3 24
$0.35
$-1.39
Q2 24
$0.21
$-1.29
Q1 24
$0.05
$-1.20

Balance Sheet & Financial Strength

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

Metric
HPK
HPK
PTCT
PTCT
Cash + ST InvestmentsLiquidity on hand
$162.1M
$1.9B
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.6B
$-205.3M
Total Assets
$3.2B
$2.9B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPK
HPK
PTCT
PTCT
Q4 25
$162.1M
$1.9B
Q3 25
$164.9M
$1.7B
Q2 25
$21.9M
$2.0B
Q1 25
$51.6M
$2.0B
Q4 24
$86.6M
$1.1B
Q3 24
$135.6M
$1.0B
Q2 24
$157.9M
$1.1B
Q1 24
$173.4M
$884.8M
Total Debt
HPK
HPK
PTCT
PTCT
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B
Stockholders' Equity
HPK
HPK
PTCT
PTCT
Q4 25
$1.6B
$-205.3M
Q3 25
$1.6B
$-155.8M
Q2 25
$1.7B
$-206.5M
Q1 25
$1.6B
$-185.8M
Q4 24
$1.6B
$-1.1B
Q3 24
$1.6B
$-1.1B
Q2 24
$1.6B
$-980.2M
Q1 24
$1.5B
$-893.9M
Total Assets
HPK
HPK
PTCT
PTCT
Q4 25
$3.2B
$2.9B
Q3 25
$3.2B
$2.6B
Q2 25
$3.1B
$2.6B
Q1 25
$3.1B
$2.7B
Q4 24
$3.1B
$1.7B
Q3 24
$3.1B
$1.8B
Q2 24
$3.1B
$1.9B
Q1 24
$3.1B
$1.8B
Debt / Equity
HPK
HPK
PTCT
PTCT
Q4 25
0.75×
Q3 25
0.73×
Q2 25
0.62×
Q1 25
0.63×
Q4 24
0.65×
Q3 24
0.67×
Q2 24
0.70×
Q1 24
0.73×

Cash Flow & Capital Efficiency

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

Metric
HPK
HPK
PTCT
PTCT
Operating Cash FlowLast quarter
$93.1M
$-34.3M
Free Cash FlowOCF − Capex
$-36.6M
FCF MarginFCF / Revenue
-22.3%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$702.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HPK
HPK
PTCT
PTCT
Q4 25
$93.1M
$-34.3M
Q3 25
$120.2M
$-66.3M
Q2 25
$141.2M
$-58.3M
Q1 25
$157.1M
$870.1M
Q4 24
$139.5M
$-30.0M
Q3 24
$177.1M
$-77.0M
Q2 24
$202.3M
$-71.5M
Q1 24
$171.4M
$70.8M
Free Cash Flow
HPK
HPK
PTCT
PTCT
Q4 25
$-36.6M
Q3 25
$-69.7M
Q2 25
$-59.6M
Q1 25
$868.4M
Q4 24
$-33.8M
Q3 24
$-77.5M
Q2 24
$-78.8M
Q1 24
$61.2M
FCF Margin
HPK
HPK
PTCT
PTCT
Q4 25
-22.3%
Q3 25
-33.1%
Q2 25
-33.3%
Q1 25
73.8%
Q4 24
-15.8%
Q3 24
-39.4%
Q2 24
-42.2%
Q1 24
29.1%
Capex Intensity
HPK
HPK
PTCT
PTCT
Q4 25
1.4%
Q3 25
1.6%
Q2 25
0.7%
Q1 25
0.1%
Q4 24
1.8%
Q3 24
0.3%
Q2 24
4.0%
Q1 24
4.6%
Cash Conversion
HPK
HPK
PTCT
PTCT
Q4 25
Q3 25
-4.17×
Q2 25
5.39×
Q1 25
4.32×
1.00×
Q4 24
15.53×
Q3 24
3.55×
Q2 24
6.81×
Q1 24
26.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HPK
HPK

Crude Oil Sales$152.1M70%
Natural Gas And NGL Sales$60.8M28%

PTCT
PTCT

Segment breakdown not available.

Related Comparisons