vs

Side-by-side financial comparison of HERON THERAPEUTICS, INC. (HRTX) and Information Services Group Inc. (III). Click either name above to swap in a different company.

Information Services Group Inc. is the larger business by last-quarter revenue ($61.2M vs $40.6M, roughly 1.5× HERON THERAPEUTICS, INC.). Information Services Group Inc. runs the higher net margin — 4.3% vs -7.3%, a 11.5% gap on every dollar of revenue. On growth, Information Services Group Inc. posted the faster year-over-year revenue change (5.9% vs -0.5%). Over the past eight quarters, HERON THERAPEUTICS, INC.'s revenue compounded faster (8.2% CAGR vs -2.4%).

Antibe Therapeutics was a Toronto-based pharmaceutical company that develops pain and inflammation-reducing drugs based on gaseous mediator technology. Antibe was founded by John L. Wallace, also a co-founder of NicOx, the first company to develop drugs utilizing gaseous mediators. Founded in 2009, the company listed on the TSX Venture Exchange in 2013 and was moved to the Toronto Stock Exchange in November 2020. In 2015, Antibe acquired Citagenix, a distributor involved in regenerative medic...

EBSCO Information Services, headquartered in Ipswich, Massachusetts, is a division of EBSCO Industries Inc., a private company headquartered in Birmingham, Alabama. EBSCO provides products and services to libraries of many types around the world. Its products include EBSCONET, a complete e-resource management system, and EBSCOhost, which supplies a fee-based online research service with 375 full-text databases, a collection of 600,000-plus ebooks, subject indexes, point-of-care medical refere...

HRTX vs III — Head-to-Head

Bigger by revenue
III
III
1.5× larger
III
$61.2M
$40.6M
HRTX
Growing faster (revenue YoY)
III
III
+6.4% gap
III
5.9%
-0.5%
HRTX
Higher net margin
III
III
11.5% more per $
III
4.3%
-7.3%
HRTX
Faster 2-yr revenue CAGR
HRTX
HRTX
Annualised
HRTX
8.2%
-2.4%
III

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HRTX
HRTX
III
III
Revenue
$40.6M
$61.2M
Net Profit
$-3.0M
$2.6M
Gross Margin
72.6%
44.8%
Operating Margin
0.1%
8.4%
Net Margin
-7.3%
4.3%
Revenue YoY
-0.5%
5.9%
Net Profit YoY
-180.6%
-14.1%
EPS (diluted)
$-0.01
$0.06

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
HRTX
HRTX
III
III
Q4 25
$40.6M
$61.2M
Q3 25
$38.2M
$62.4M
Q2 25
$37.2M
$61.6M
Q1 25
$38.9M
$59.6M
Q4 24
$40.8M
$57.8M
Q3 24
$32.8M
$61.3M
Q2 24
$36.0M
$64.3M
Q1 24
$34.7M
$64.3M
Net Profit
HRTX
HRTX
III
III
Q4 25
$-3.0M
$2.6M
Q3 25
$-17.5M
$3.1M
Q2 25
$-2.4M
$2.2M
Q1 25
$2.6M
$1.5M
Q4 24
$3.7M
$3.0M
Q3 24
$-4.8M
$1.1M
Q2 24
$-9.2M
$2.0M
Q1 24
$-3.2M
$-3.4M
Gross Margin
HRTX
HRTX
III
III
Q4 25
72.6%
44.8%
Q3 25
68.8%
42.2%
Q2 25
73.5%
42.2%
Q1 25
78.3%
43.1%
Q4 24
74.9%
41.5%
Q3 24
71.2%
40.4%
Q2 24
70.8%
39.5%
Q1 24
75.6%
36.1%
Operating Margin
HRTX
HRTX
III
III
Q4 25
0.1%
8.4%
Q3 25
-10.7%
7.4%
Q2 25
-4.4%
7.6%
Q1 25
8.1%
5.7%
Q4 24
10.2%
0.3%
Q3 24
-13.6%
7.0%
Q2 24
-17.9%
5.7%
Q1 24
-13.8%
-3.7%
Net Margin
HRTX
HRTX
III
III
Q4 25
-7.3%
4.3%
Q3 25
-45.8%
4.9%
Q2 25
-6.4%
3.5%
Q1 25
6.8%
2.5%
Q4 24
9.0%
5.3%
Q3 24
-14.8%
1.9%
Q2 24
-25.6%
3.2%
Q1 24
-9.1%
-5.3%
EPS (diluted)
HRTX
HRTX
III
III
Q4 25
$-0.01
$0.06
Q3 25
$-0.10
$0.06
Q2 25
$-0.02
$0.04
Q1 25
$0.01
$0.03
Q4 24
$0.02
$0.07
Q3 24
$-0.03
$0.02
Q2 24
$-0.06
$0.04
Q1 24
$-0.02
$-0.07

Balance Sheet & Financial Strength

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

Metric
HRTX
HRTX
III
III
Cash + ST InvestmentsLiquidity on hand
$28.6M
$28.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$14.3M
$94.7M
Total Assets
$255.9M
$211.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HRTX
HRTX
III
III
Q4 25
$28.6M
$28.7M
Q3 25
$43.1M
$28.7M
Q2 25
$16.5M
$25.2M
Q1 25
$19.3M
$20.1M
Q4 24
$25.8M
$23.1M
Q3 24
$25.7M
$9.7M
Q2 24
$18.4M
$11.8M
Q1 24
$20.4M
$14.0M
Stockholders' Equity
HRTX
HRTX
III
III
Q4 25
$14.3M
$94.7M
Q3 25
$14.9M
$94.7M
Q2 25
$-27.3M
$94.1M
Q1 25
$-28.5M
$95.0M
Q4 24
$-33.7M
$96.3M
Q3 24
$-40.0M
$96.6M
Q2 24
$-37.9M
$95.5M
Q1 24
$-33.8M
$95.6M
Total Assets
HRTX
HRTX
III
III
Q4 25
$255.9M
$211.0M
Q3 25
$248.9M
$213.3M
Q2 25
$232.1M
$200.7M
Q1 25
$235.8M
$202.4M
Q4 24
$233.1M
$204.5M
Q3 24
$220.8M
$227.1M
Q2 24
$218.1M
$235.3M
Q1 24
$217.9M
$234.2M

Cash Flow & Capital Efficiency

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

Metric
HRTX
HRTX
III
III
Operating Cash FlowLast quarter
$-9.2M
$5.1M
Free Cash FlowOCF − Capex
$4.3M
FCF MarginFCF / Revenue
7.0%
Capex IntensityCapex / Revenue
0.0%
1.2%
Cash ConversionOCF / Net Profit
1.94×
TTM Free Cash FlowTrailing 4 quarters
$25.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HRTX
HRTX
III
III
Q4 25
$-9.2M
$5.1M
Q3 25
$1.3M
$11.1M
Q2 25
$-10.9M
$11.9M
Q1 25
$-8.9M
$978.0K
Q4 24
$-11.8M
$6.6M
Q3 24
$3.4M
$8.8M
Q2 24
$-4.6M
$2.2M
Q1 24
$-9.5M
$2.3M
Free Cash Flow
HRTX
HRTX
III
III
Q4 25
$4.3M
Q3 25
$9.5M
Q2 25
$-11.1M
$11.1M
Q1 25
$-9.0M
$141.0K
Q4 24
$6.0M
Q3 24
$2.9M
$8.4M
Q2 24
$1.3M
Q1 24
$1.3M
FCF Margin
HRTX
HRTX
III
III
Q4 25
7.0%
Q3 25
15.2%
Q2 25
-29.8%
18.0%
Q1 25
-23.1%
0.2%
Q4 24
10.4%
Q3 24
9.0%
13.7%
Q2 24
2.0%
Q1 24
2.0%
Capex Intensity
HRTX
HRTX
III
III
Q4 25
0.0%
1.2%
Q3 25
0.0%
2.5%
Q2 25
0.6%
1.4%
Q1 25
0.3%
1.4%
Q4 24
0.9%
Q3 24
1.3%
0.6%
Q2 24
1.4%
Q1 24
1.6%
Cash Conversion
HRTX
HRTX
III
III
Q4 25
1.94×
Q3 25
3.62×
Q2 25
5.46×
Q1 25
-3.37×
0.66×
Q4 24
-3.22×
2.15×
Q3 24
7.66×
Q2 24
1.07×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HRTX
HRTX

CINVANTI$22.9M56%
ZYNRELEF$12.5M31%
Aponvie$3.8M9%
SUSTOL$1.3M3%

III
III

Segment breakdown not available.

Related Comparisons