vs

Side-by-side financial comparison of ImmunityBio, Inc. (IBRX) and Legacy Housing Corp (LEGH). Click either name above to swap in a different company.

ImmunityBio, Inc. is the larger business by last-quarter revenue ($38.3M vs $25.5M, roughly 1.5× Legacy Housing Corp). Legacy Housing Corp runs the higher net margin — 32.2% vs -161.8%, a 194.0% gap on every dollar of revenue. On growth, ImmunityBio, Inc. posted the faster year-over-year revenue change (407.0% vs -30.6%). Legacy Housing Corp produced more free cash flow last quarter ($15.7M vs $-71.3M).

ImmunityBio, Inc. is a clinical-stage biotechnology company focused on developing next-generation immunotherapies and vaccine candidates targeting multiple cancer types and infectious diseases. It operates mainly in the U.S. market, with core R&D segments including cell therapy, antibody therapeutics, and targeted vaccine platforms designed to enhance patient treatment outcomes.

Legacy Housing Corp is a prominent U.S.-based manufacturer of affordable manufactured homes, tiny homes, and accessory dwelling units. It mainly caters to low- and middle-income consumers across North America, providing customizable residential solutions, supporting construction materials, and after-sales services for individual and community development clients.

IBRX vs LEGH — Head-to-Head

Bigger by revenue
IBRX
IBRX
1.5× larger
IBRX
$38.3M
$25.5M
LEGH
Growing faster (revenue YoY)
IBRX
IBRX
+437.5% gap
IBRX
407.0%
-30.6%
LEGH
Higher net margin
LEGH
LEGH
194.0% more per $
LEGH
32.2%
-161.8%
IBRX
More free cash flow
LEGH
LEGH
$87.0M more FCF
LEGH
$15.7M
$-71.3M
IBRX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IBRX
IBRX
LEGH
LEGH
Revenue
$38.3M
$25.5M
Net Profit
$-61.9M
$8.2M
Gross Margin
99.0%
26.4%
Operating Margin
-169.0%
40.4%
Net Margin
-161.8%
32.2%
Revenue YoY
407.0%
-30.6%
Net Profit YoY
-4.7%
-43.5%
EPS (diluted)
$-0.06
$0.38

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
IBRX
IBRX
LEGH
LEGH
Q4 25
$38.3M
$25.5M
Q3 25
$32.1M
$28.8M
Q2 25
$26.4M
$38.4M
Q1 25
$16.5M
$24.3M
Q4 24
$7.6M
$36.7M
Q3 24
$6.1M
$30.2M
Q2 24
$31.7M
Q1 24
$30.8M
Net Profit
IBRX
IBRX
LEGH
LEGH
Q4 25
$-61.9M
$8.2M
Q3 25
$-67.3M
$8.6M
Q2 25
$-92.6M
$14.7M
Q1 25
$-129.6M
$10.3M
Q4 24
$-59.2M
$14.5M
Q3 24
$-85.7M
$15.8M
Q2 24
$16.2M
Q1 24
$15.1M
Gross Margin
IBRX
IBRX
LEGH
LEGH
Q4 25
99.0%
26.4%
Q3 25
99.4%
20.2%
Q2 25
99.5%
32.4%
Q1 25
99.6%
29.2%
Q4 24
27.3%
Q3 24
29.2%
Q2 24
31.9%
Q1 24
33.6%
Operating Margin
IBRX
IBRX
LEGH
LEGH
Q4 25
-169.0%
40.4%
Q3 25
-173.5%
33.7%
Q2 25
-269.8%
43.8%
Q1 25
-390.1%
47.7%
Q4 24
-919.0%
42.3%
Q3 24
-1314.3%
50.8%
Q2 24
50.6%
Q1 24
54.3%
Net Margin
IBRX
IBRX
LEGH
LEGH
Q4 25
-161.8%
32.2%
Q3 25
-209.8%
30.0%
Q2 25
-350.3%
38.3%
Q1 25
-784.9%
42.3%
Q4 24
-783.4%
39.5%
Q3 24
-1404.0%
52.4%
Q2 24
51.1%
Q1 24
49.1%
EPS (diluted)
IBRX
IBRX
LEGH
LEGH
Q4 25
$-0.06
$0.38
Q3 25
$-0.07
$0.35
Q2 25
$-0.10
$0.60
Q1 25
$-0.15
$0.41
Q4 24
$-0.08
$0.59
Q3 24
$-0.14
$0.64
Q2 24
$0.65
Q1 24
$0.60

Balance Sheet & Financial Strength

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

Metric
IBRX
IBRX
LEGH
LEGH
Cash + ST InvestmentsLiquidity on hand
$242.8M
$8.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-500.5M
$528.6M
Total Assets
$501.9M
$580.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IBRX
IBRX
LEGH
LEGH
Q4 25
$242.8M
$8.5M
Q3 25
$257.8M
$13.6M
Q2 25
$153.7M
$2.6M
Q1 25
$61.6M
$3.4M
Q4 24
$149.8M
$1.1M
Q3 24
$130.4M
$570.0K
Q2 24
$60.0K
Q1 24
$621.0K
Stockholders' Equity
IBRX
IBRX
LEGH
LEGH
Q4 25
$-500.5M
$528.6M
Q3 25
$-524.3M
$521.6M
Q2 25
$-570.7M
$512.8M
Q1 25
$-591.4M
$503.7M
Q4 24
$-489.1M
$494.0M
Q3 24
$-745.1M
$479.3M
Q2 24
$463.2M
Q1 24
$450.4M
Total Assets
IBRX
IBRX
LEGH
LEGH
Q4 25
$501.9M
$580.3M
Q3 25
$519.0M
$557.9M
Q2 25
$402.1M
$552.0M
Q1 25
$303.8M
$544.6M
Q4 24
$382.9M
$534.2M
Q3 24
$364.6M
$521.4M
Q2 24
$514.9M
Q1 24
$510.0M

Cash Flow & Capital Efficiency

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

Metric
IBRX
IBRX
LEGH
LEGH
Operating Cash FlowLast quarter
$-70.4M
$19.0M
Free Cash FlowOCF − Capex
$-71.3M
$15.7M
FCF MarginFCF / Revenue
-186.2%
61.6%
Capex IntensityCapex / Revenue
2.4%
13.1%
Cash ConversionOCF / Net Profit
2.32×
TTM Free Cash FlowTrailing 4 quarters
$-308.8M
$28.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IBRX
IBRX
LEGH
LEGH
Q4 25
$-70.4M
$19.0M
Q3 25
$-68.9M
$7.2M
Q2 25
$-79.7M
$6.1M
Q1 25
$-85.9M
$4.9M
Q4 24
$-85.1M
$7.9M
Q3 24
$-98.8M
$13.8M
Q2 24
$3.5M
Q1 24
$10.8M
Free Cash Flow
IBRX
IBRX
LEGH
LEGH
Q4 25
$-71.3M
$15.7M
Q3 25
$-69.6M
$5.1M
Q2 25
$-80.8M
$3.7M
Q1 25
$-87.0M
$3.6M
Q4 24
$-87.3M
$6.0M
Q3 24
$-101.6M
$9.1M
Q2 24
$1.7M
Q1 24
$9.9M
FCF Margin
IBRX
IBRX
LEGH
LEGH
Q4 25
-186.2%
61.6%
Q3 25
-217.2%
17.8%
Q2 25
-305.9%
9.6%
Q1 25
-526.9%
15.0%
Q4 24
-1155.4%
16.4%
Q3 24
-1663.2%
30.2%
Q2 24
5.4%
Q1 24
32.2%
Capex Intensity
IBRX
IBRX
LEGH
LEGH
Q4 25
2.4%
13.1%
Q3 25
2.3%
7.1%
Q2 25
4.1%
6.2%
Q1 25
6.8%
5.2%
Q4 24
28.0%
5.1%
Q3 24
45.7%
15.6%
Q2 24
5.5%
Q1 24
2.8%
Cash Conversion
IBRX
IBRX
LEGH
LEGH
Q4 25
2.32×
Q3 25
0.83×
Q2 25
0.41×
Q1 25
0.48×
Q4 24
0.54×
Q3 24
0.88×
Q2 24
0.21×
Q1 24
0.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IBRX
IBRX

Segment breakdown not available.

LEGH
LEGH

Commercial Sales$8.6M34%
Retail Store Sales$6.0M24%
Inventory Finance Sales$5.0M20%
Direct Sales$4.4M17%
Other$1.5M6%

Related Comparisons