vs

Side-by-side financial comparison of ImmunityBio, Inc. (IBRX) and Maison Solutions Inc. (MSS). Click either name above to swap in a different company.

ImmunityBio, Inc. is the larger business by last-quarter revenue ($38.3M vs $27.6M, roughly 1.4× Maison Solutions Inc.). Maison Solutions Inc. runs the higher net margin — -18.0% vs -161.8%, a 143.8% gap on every dollar of revenue. On growth, ImmunityBio, Inc. posted the faster year-over-year revenue change (407.0% vs -10.9%).

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.

Maison Solutions Inc. is a specialty home goods retail company that provides a diverse portfolio of stylish, affordably priced furniture, home decor items, and daily household products. Its primary market is the Guangdong-Hong Kong-Macao Greater Bay Area in China, serving mass consumers through both offline physical stores and online e-commerce channels.

IBRX vs MSS — Head-to-Head

Bigger by revenue
IBRX
IBRX
1.4× larger
IBRX
$38.3M
$27.6M
MSS
Growing faster (revenue YoY)
IBRX
IBRX
+417.9% gap
IBRX
407.0%
-10.9%
MSS
Higher net margin
MSS
MSS
143.8% more per $
MSS
-18.0%
-161.8%
IBRX

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
IBRX
IBRX
MSS
MSS
Revenue
$38.3M
$27.6M
Net Profit
$-61.9M
$-5.0M
Gross Margin
99.0%
23.4%
Operating Margin
-169.0%
-4.9%
Net Margin
-161.8%
-18.0%
Revenue YoY
407.0%
-10.9%
Net Profit YoY
-4.7%
-1840.5%
EPS (diluted)
$-0.06
$-0.23

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
MSS
MSS
Q4 25
$38.3M
$27.6M
Q3 25
$32.1M
$27.2M
Q2 25
$26.4M
$34.4M
Q1 25
$16.5M
$32.3M
Q4 24
$7.6M
$29.4M
Q3 24
$6.1M
$28.2M
Q2 24
$16.9M
Q1 24
$13.6M
Net Profit
IBRX
IBRX
MSS
MSS
Q4 25
$-61.9M
$-5.0M
Q3 25
$-67.3M
$-1.5M
Q2 25
$-92.6M
$-287.4K
Q1 25
$-129.6M
$1.0M
Q4 24
$-59.2M
$-256.0K
Q3 24
$-85.7M
$700.9K
Q2 24
$-2.8M
Q1 24
$-549.0K
Gross Margin
IBRX
IBRX
MSS
MSS
Q4 25
99.0%
23.4%
Q3 25
99.4%
24.1%
Q2 25
99.5%
9.5%
Q1 25
99.6%
21.8%
Q4 24
26.9%
Q3 24
28.9%
Q2 24
13.0%
Q1 24
23.4%
Operating Margin
IBRX
IBRX
MSS
MSS
Q4 25
-169.0%
-4.9%
Q3 25
-173.5%
0.7%
Q2 25
-269.8%
-15.9%
Q1 25
-390.1%
3.7%
Q4 24
-919.0%
3.2%
Q3 24
-1314.3%
7.3%
Q2 24
-14.4%
Q1 24
-2.3%
Net Margin
IBRX
IBRX
MSS
MSS
Q4 25
-161.8%
-18.0%
Q3 25
-209.8%
-5.7%
Q2 25
-350.3%
-0.8%
Q1 25
-784.9%
3.1%
Q4 24
-783.4%
-0.9%
Q3 24
-1404.0%
2.5%
Q2 24
-16.4%
Q1 24
-4.0%
EPS (diluted)
IBRX
IBRX
MSS
MSS
Q4 25
$-0.06
$-0.23
Q3 25
$-0.07
$-0.08
Q2 25
$-0.10
$-0.02
Q1 25
$-0.15
$0.06
Q4 24
$-0.08
$-0.01
Q3 24
$-0.14
$0.04
Q2 24
$-0.16
Q1 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
IBRX
IBRX
MSS
MSS
Cash + ST InvestmentsLiquidity on hand
$242.8M
Total DebtLower is stronger
$2.6M
Stockholders' EquityBook value
$-500.5M
$11.6M
Total Assets
$501.9M
$75.4M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IBRX
IBRX
MSS
MSS
Q4 25
$242.8M
Q3 25
$257.8M
$1.1M
Q2 25
$153.7M
$775.4K
Q1 25
$61.6M
$445.4K
Q4 24
$149.8M
$355.7K
Q3 24
$130.4M
$588.9K
Q2 24
$2.1M
Q1 24
$9.4M
Total Debt
IBRX
IBRX
MSS
MSS
Q4 25
$2.6M
Q3 25
$2.6M
Q2 25
$2.6M
Q1 25
Q4 24
Q3 24
$2.5M
Q2 24
$2.6M
Q1 24
$2.6M
Stockholders' Equity
IBRX
IBRX
MSS
MSS
Q4 25
$-500.5M
$11.6M
Q3 25
$-524.3M
$10.1M
Q2 25
$-570.7M
$11.7M
Q1 25
$-591.4M
$12.0M
Q4 24
$-489.1M
$10.9M
Q3 24
$-745.1M
$11.2M
Q2 24
$10.5M
Q1 24
$13.3M
Total Assets
IBRX
IBRX
MSS
MSS
Q4 25
$501.9M
$75.4M
Q3 25
$519.0M
$73.3M
Q2 25
$402.1M
$77.4M
Q1 25
$303.8M
$82.7M
Q4 24
$382.9M
$82.7M
Q3 24
$364.6M
$82.1M
Q2 24
$82.4M
Q1 24
$44.2M
Debt / Equity
IBRX
IBRX
MSS
MSS
Q4 25
0.22×
Q3 25
0.26×
Q2 25
0.22×
Q1 25
Q4 24
Q3 24
0.23×
Q2 24
0.24×
Q1 24
0.19×

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
MSS
MSS
Operating Cash FlowLast quarter
$-70.4M
$-1.7M
Free Cash FlowOCF − Capex
$-71.3M
FCF MarginFCF / Revenue
-186.2%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-308.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IBRX
IBRX
MSS
MSS
Q4 25
$-70.4M
$-1.7M
Q3 25
$-68.9M
$1.1M
Q2 25
$-79.7M
$-1.6M
Q1 25
$-85.9M
$1.7M
Q4 24
$-85.1M
$1.1M
Q3 24
$-98.8M
$3.6M
Q2 24
$-2.6M
Q1 24
$-1.4M
Free Cash Flow
IBRX
IBRX
MSS
MSS
Q4 25
$-71.3M
Q3 25
$-69.6M
Q2 25
$-80.8M
Q1 25
$-87.0M
Q4 24
$-87.3M
Q3 24
$-101.6M
Q2 24
Q1 24
FCF Margin
IBRX
IBRX
MSS
MSS
Q4 25
-186.2%
Q3 25
-217.2%
Q2 25
-305.9%
Q1 25
-526.9%
Q4 24
-1155.4%
Q3 24
-1663.2%
Q2 24
Q1 24
Capex Intensity
IBRX
IBRX
MSS
MSS
Q4 25
2.4%
Q3 25
2.3%
Q2 25
4.1%
Q1 25
6.8%
Q4 24
28.0%
Q3 24
45.7%
Q2 24
Q1 24
Cash Conversion
IBRX
IBRX
MSS
MSS
Q4 25
Q3 25
Q2 25
Q1 25
1.66×
Q4 24
Q3 24
5.12×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

IBRX
IBRX

Segment breakdown not available.

MSS
MSS

Perishables$14.4M52%
Nonperishables$13.2M48%

Related Comparisons