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Side-by-side financial comparison of ImmunityBio, Inc. (IBRX) and SANDRIDGE ENERGY INC (SD). Click either name above to swap in a different company.
SANDRIDGE ENERGY INC is the larger business by last-quarter revenue ($39.4M vs $38.3M, roughly 1.0× ImmunityBio, Inc.). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs -161.8%, a 216.7% gap on every dollar of revenue. On growth, ImmunityBio, Inc. posted the faster year-over-year revenue change (407.0% vs 1.1%). SANDRIDGE ENERGY INC produced more free cash flow last quarter ($14.4M 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.
SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.
IBRX vs SD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $38.3M | $39.4M |
| Net Profit | $-61.9M | $21.6M |
| Gross Margin | 99.0% | — |
| Operating Margin | -169.0% | 38.5% |
| Net Margin | -161.8% | 54.9% |
| Revenue YoY | 407.0% | 1.1% |
| Net Profit YoY | -4.7% | 23.1% |
| EPS (diluted) | $-0.06 | $0.59 |
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.
| Q4 25 | $38.3M | $39.4M | ||
| Q3 25 | $32.1M | $39.8M | ||
| Q2 25 | $26.4M | $34.5M | ||
| Q1 25 | $16.5M | $42.6M | ||
| Q4 24 | $7.6M | $39.0M | ||
| Q3 24 | $6.1M | $30.1M | ||
| Q2 24 | — | $26.0M | ||
| Q1 24 | — | $30.3M |
| Q4 25 | $-61.9M | $21.6M | ||
| Q3 25 | $-67.3M | $16.0M | ||
| Q2 25 | $-92.6M | $19.6M | ||
| Q1 25 | $-129.6M | $13.0M | ||
| Q4 24 | $-59.2M | $17.6M | ||
| Q3 24 | $-85.7M | $25.5M | ||
| Q2 24 | — | $8.8M | ||
| Q1 24 | — | $11.1M |
| Q4 25 | 99.0% | — | ||
| Q3 25 | 99.4% | — | ||
| Q2 25 | 99.5% | — | ||
| Q1 25 | 99.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -169.0% | 38.5% | ||
| Q3 25 | -173.5% | 37.8% | ||
| Q2 25 | -269.8% | 53.7% | ||
| Q1 25 | -390.1% | 28.6% | ||
| Q4 24 | -919.0% | 25.9% | ||
| Q3 24 | -1314.3% | 28.3% | ||
| Q2 24 | — | 23.9% | ||
| Q1 24 | — | 27.8% |
| Q4 25 | -161.8% | 54.9% | ||
| Q3 25 | -209.8% | 40.1% | ||
| Q2 25 | -350.3% | 56.6% | ||
| Q1 25 | -784.9% | 30.6% | ||
| Q4 24 | -783.4% | 45.1% | ||
| Q3 24 | -1404.0% | 84.8% | ||
| Q2 24 | — | 33.9% | ||
| Q1 24 | — | 36.7% |
| Q4 25 | $-0.06 | $0.59 | ||
| Q3 25 | $-0.07 | $0.43 | ||
| Q2 25 | $-0.10 | $0.53 | ||
| Q1 25 | $-0.15 | $0.35 | ||
| Q4 24 | $-0.08 | $0.46 | ||
| Q3 24 | $-0.14 | $0.69 | ||
| Q2 24 | — | $0.24 | ||
| Q1 24 | — | $0.30 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $242.8M | $111.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-500.5M | $510.9M |
| Total Assets | $501.9M | $644.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $242.8M | $111.0M | ||
| Q3 25 | $257.8M | $101.2M | ||
| Q2 25 | $153.7M | $102.8M | ||
| Q1 25 | $61.6M | $99.7M | ||
| Q4 24 | $149.8M | $98.1M | ||
| Q3 24 | $130.4M | $92.7M | ||
| Q2 24 | — | $209.9M | ||
| Q1 24 | — | $207.0M |
| Q4 25 | $-500.5M | $510.9M | ||
| Q3 25 | $-524.3M | $492.4M | ||
| Q2 25 | $-570.7M | $480.2M | ||
| Q1 25 | $-591.4M | $464.9M | ||
| Q4 24 | $-489.1M | $460.5M | ||
| Q3 24 | $-745.1M | $446.8M | ||
| Q2 24 | — | $424.8M | ||
| Q1 24 | — | $419.7M |
| Q4 25 | $501.9M | $644.0M | ||
| Q3 25 | $519.0M | $619.0M | ||
| Q2 25 | $402.1M | $602.3M | ||
| Q1 25 | $303.8M | $588.3M | ||
| Q4 24 | $382.9M | $581.5M | ||
| Q3 24 | $364.6M | $565.2M | ||
| Q2 24 | — | $529.6M | ||
| Q1 24 | — | $527.4M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-70.4M | $31.7M |
| Free Cash FlowOCF − Capex | $-71.3M | $14.4M |
| FCF MarginFCF / Revenue | -186.2% | 36.6% |
| Capex IntensityCapex / Revenue | 2.4% | 43.8% |
| Cash ConversionOCF / Net Profit | — | 1.46× |
| TTM Free Cash FlowTrailing 4 quarters | $-308.8M | $41.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-70.4M | $31.7M | ||
| Q3 25 | $-68.9M | $25.3M | ||
| Q2 25 | $-79.7M | $22.9M | ||
| Q1 25 | $-85.9M | $20.3M | ||
| Q4 24 | $-85.1M | $26.0M | ||
| Q3 24 | $-98.8M | $20.8M | ||
| Q2 24 | — | $11.4M | ||
| Q1 24 | — | $15.7M |
| Q4 25 | $-71.3M | $14.4M | ||
| Q3 25 | $-69.6M | $5.9M | ||
| Q2 25 | $-80.8M | $7.3M | ||
| Q1 25 | $-87.0M | $13.9M | ||
| Q4 24 | $-87.3M | $13.2M | ||
| Q3 24 | $-101.6M | $10.8M | ||
| Q2 24 | — | $9.0M | ||
| Q1 24 | — | $14.6M |
| Q4 25 | -186.2% | 36.6% | ||
| Q3 25 | -217.2% | 14.9% | ||
| Q2 25 | -305.9% | 21.0% | ||
| Q1 25 | -526.9% | 32.7% | ||
| Q4 24 | -1155.4% | 33.8% | ||
| Q3 24 | -1663.2% | 36.1% | ||
| Q2 24 | — | 34.5% | ||
| Q1 24 | — | 48.1% |
| Q4 25 | 2.4% | 43.8% | ||
| Q3 25 | 2.3% | 48.6% | ||
| Q2 25 | 4.1% | 45.2% | ||
| Q1 25 | 6.8% | 15.0% | ||
| Q4 24 | 28.0% | 32.9% | ||
| Q3 24 | 45.7% | 33.3% | ||
| Q2 24 | — | 9.4% | ||
| Q1 24 | — | 3.7% |
| Q4 25 | — | 1.46× | ||
| Q3 25 | — | 1.58× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | — | 0.82× | ||
| Q2 24 | — | 1.30× | ||
| Q1 24 | — | 1.41× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IBRX
Segment breakdown not available.
SD
| Oil Reserves | $19.0M | 48% |
| Natural Gas Reserves | $11.6M | 30% |
| Natural Gas Liquids Reserves | $8.7M | 22% |
