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Side-by-side financial comparison of Immunocore Holdings plc (IMCR) and MID PENN BANCORP INC (MPB). Click either name above to swap in a different company.
Immunocore Holdings plc is the larger business by last-quarter revenue ($104.5M vs $62.0M, roughly 1.7× MID PENN BANCORP INC). On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs 24.3%). MID PENN BANCORP INC produced more free cash flow last quarter ($71.8M vs $-35.5M). Over the past eight quarters, Immunocore Holdings plc's revenue compounded faster (21.7% CAGR vs 21.1%).
Immunocore is a global commercial-stage biotechnology company, based in Oxfordshire, which researches and develops biological drugs using soluble T-cell receptor technology.
Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.
IMCR vs MPB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.5M | $62.0M |
| Net Profit | — | $19.4M |
| Gross Margin | 97.4% | — |
| Operating Margin | -18.8% | 43.6% |
| Net Margin | — | 31.4% |
| Revenue YoY | 24.3% | 30.8% |
| Net Profit YoY | — | 47.0% |
| EPS (diluted) | $-0.61 | $0.83 |
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 | $104.5M | $62.0M | ||
| Q3 25 | $103.7M | $61.8M | ||
| Q2 25 | $98.0M | $54.3M | ||
| Q1 25 | $93.9M | $47.7M | ||
| Q4 24 | $84.1M | $47.4M | ||
| Q3 24 | $80.2M | $45.3M | ||
| Q2 24 | $75.4M | $44.1M | ||
| Q1 24 | $70.5M | $42.3M |
| Q4 25 | — | $19.4M | ||
| Q3 25 | $-177.0K | $18.3M | ||
| Q2 25 | $-10.3M | $4.8M | ||
| Q1 25 | $5.0M | $13.7M | ||
| Q4 24 | — | $13.2M | ||
| Q3 24 | $8.7M | $12.3M | ||
| Q2 24 | $-11.6M | $11.8M | ||
| Q1 24 | $-24.4M | $12.1M |
| Q4 25 | 97.4% | — | ||
| Q3 25 | 99.5% | — | ||
| Q2 25 | 98.9% | — | ||
| Q1 25 | 99.1% | — | ||
| Q4 24 | 99.6% | — | ||
| Q3 24 | 99.4% | — | ||
| Q2 24 | 97.7% | — | ||
| Q1 24 | 99.7% | — |
| Q4 25 | -18.8% | 43.6% | ||
| Q3 25 | -6.9% | 39.3% | ||
| Q2 25 | -15.2% | 7.9% | ||
| Q1 25 | -3.9% | 35.2% | ||
| Q4 24 | -23.1% | 34.1% | ||
| Q3 24 | -10.6% | 32.8% | ||
| Q2 24 | -21.2% | 32.4% | ||
| Q1 24 | -37.6% | 34.8% |
| Q4 25 | — | 31.4% | ||
| Q3 25 | -0.2% | 29.6% | ||
| Q2 25 | -10.5% | 8.8% | ||
| Q1 25 | 5.4% | 28.8% | ||
| Q4 24 | — | 27.9% | ||
| Q3 24 | 10.9% | 27.1% | ||
| Q2 24 | -15.4% | 26.7% | ||
| Q1 24 | -34.7% | 28.7% |
| Q4 25 | $-0.61 | $0.83 | ||
| Q3 25 | $0.00 | $0.79 | ||
| Q2 25 | $-0.20 | $0.22 | ||
| Q1 25 | $0.10 | $0.71 | ||
| Q4 24 | $-0.47 | $0.72 | ||
| Q3 24 | $0.17 | $0.74 | ||
| Q2 24 | $-0.23 | $0.71 | ||
| Q1 24 | $-0.49 | $0.73 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $864.2M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $381.0M | $814.1M |
| Total Assets | $1.1B | $6.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $864.2M | — | ||
| Q3 25 | $892.4M | — | ||
| Q2 25 | $882.8M | — | ||
| Q1 25 | $837.0M | — | ||
| Q4 24 | $820.4M | — | ||
| Q3 24 | $901.3M | — | ||
| Q2 24 | $859.6M | — | ||
| Q1 24 | $832.8M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $438.7M | — | ||
| Q2 24 | $452.5M | — | ||
| Q1 24 | $452.5M | — |
| Q4 25 | $381.0M | $814.1M | ||
| Q3 25 | $396.6M | $796.3M | ||
| Q2 25 | $388.5M | $775.7M | ||
| Q1 25 | $378.5M | $667.9M | ||
| Q4 24 | $360.7M | $655.0M | ||
| Q3 24 | $377.8M | $573.1M | ||
| Q2 24 | $359.1M | $559.7M | ||
| Q1 24 | $359.5M | $551.0M |
| Q4 25 | $1.1B | $6.1B | ||
| Q3 25 | $1.1B | $6.3B | ||
| Q2 25 | $1.1B | $6.4B | ||
| Q1 25 | $1.0B | $5.5B | ||
| Q4 24 | $1.0B | $5.5B | ||
| Q3 24 | $1.1B | $5.5B | ||
| Q2 24 | $1.0B | $5.4B | ||
| Q1 24 | $994.0M | $5.3B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.16× | — | ||
| Q2 24 | 1.26× | — | ||
| Q1 24 | 1.26× | — |
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 | $-32.7M | $80.0M |
| Free Cash FlowOCF − Capex | $-35.5M | $71.8M |
| FCF MarginFCF / Revenue | -34.0% | 115.8% |
| Capex IntensityCapex / Revenue | 2.8% | 13.3% |
| Cash ConversionOCF / Net Profit | — | 4.12× |
| TTM Free Cash FlowTrailing 4 quarters | $-15.1M | $132.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-32.7M | $80.0M | ||
| Q3 25 | $-4.5M | $26.3M | ||
| Q2 25 | $26.0M | $29.0M | ||
| Q1 25 | $435.0K | $11.5M | ||
| Q4 24 | $-14.0M | $51.4M | ||
| Q3 24 | $21.1M | $16.9M | ||
| Q2 24 | $23.5M | $18.0M | ||
| Q1 24 | $-4.6M | $12.4M |
| Q4 25 | $-35.5M | $71.8M | ||
| Q3 25 | $-5.2M | $24.3M | ||
| Q2 25 | $25.6M | $27.2M | ||
| Q1 25 | $137.0K | $8.8M | ||
| Q4 24 | $-17.5M | $44.5M | ||
| Q3 24 | $20.3M | $16.8M | ||
| Q2 24 | $23.1M | $17.7M | ||
| Q1 24 | $-5.0M | $12.1M |
| Q4 25 | -34.0% | 115.8% | ||
| Q3 25 | -5.0% | 39.4% | ||
| Q2 25 | 26.1% | 50.1% | ||
| Q1 25 | 0.1% | 18.4% | ||
| Q4 24 | -20.9% | 93.8% | ||
| Q3 24 | 25.3% | 37.1% | ||
| Q2 24 | 30.7% | 40.2% | ||
| Q1 24 | -7.1% | 28.5% |
| Q4 25 | 2.8% | 13.3% | ||
| Q3 25 | 0.7% | 3.1% | ||
| Q2 25 | 0.4% | 3.2% | ||
| Q1 25 | 0.3% | 5.7% | ||
| Q4 24 | 4.3% | 14.6% | ||
| Q3 24 | 1.0% | 0.0% | ||
| Q2 24 | 0.4% | 0.7% | ||
| Q1 24 | 0.6% | 0.8% |
| Q4 25 | — | 4.12× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | 6.08× | ||
| Q1 25 | 0.09× | 0.84× | ||
| Q4 24 | — | 3.88× | ||
| Q3 24 | 2.42× | 1.37× | ||
| Q2 24 | — | 1.53× | ||
| Q1 24 | — | 1.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
