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Side-by-side financial comparison of Immunocore Holdings plc (IMCR) and FIRST FINANCIAL CORP (THFF). Click either name above to swap in a different company.
Immunocore Holdings plc is the larger business by last-quarter revenue ($104.5M vs $70.5M, roughly 1.5× FIRST FINANCIAL CORP). On growth, Immunocore Holdings plc posted the faster year-over-year revenue change (24.3% vs 14.1%). FIRST FINANCIAL CORP produced more free cash flow last quarter ($86.4M vs $-35.5M). Over the past eight quarters, Immunocore Holdings plc's revenue compounded faster (21.7% CAGR vs 20.8%).
Immunocore is a global commercial-stage biotechnology company, based in Oxfordshire, which researches and develops biological drugs using soluble T-cell receptor technology.
First American Financial Corporation is an American financial services company which provides title insurance and settlement services to the real estate and mortgage industries.
IMCR vs THFF — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.5M | $70.5M |
| Net Profit | — | $21.5M |
| Gross Margin | 97.4% | — |
| Operating Margin | -18.8% | 37.4% |
| Net Margin | — | 30.4% |
| Revenue YoY | 24.3% | 14.1% |
| Net Profit YoY | — | 32.1% |
| EPS (diluted) | $-0.61 | $1.81 |
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 | $70.5M | ||
| Q3 25 | $103.7M | $65.8M | ||
| Q2 25 | $98.0M | $63.1M | ||
| Q1 25 | $93.9M | $62.5M | ||
| Q4 24 | $84.1M | $61.8M | ||
| Q3 24 | $80.2M | $58.4M | ||
| Q2 24 | $75.4M | $49.2M | ||
| Q1 24 | $70.5M | $48.4M |
| Q4 25 | — | $21.5M | ||
| Q3 25 | $-177.0K | $20.8M | ||
| Q2 25 | $-10.3M | $18.6M | ||
| Q1 25 | $5.0M | $18.4M | ||
| Q4 24 | — | $16.2M | ||
| Q3 24 | $8.7M | $8.7M | ||
| Q2 24 | $-11.6M | $11.4M | ||
| Q1 24 | $-24.4M | $10.9M |
| 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% | 37.4% | ||
| Q3 25 | -6.9% | 39.2% | ||
| Q2 25 | -15.2% | 36.2% | ||
| Q1 25 | -3.9% | 38.1% | ||
| Q4 24 | -23.1% | 32.4% | ||
| Q3 24 | -10.6% | 17.9% | ||
| Q2 24 | -21.2% | 27.6% | ||
| Q1 24 | -37.6% | 27.2% |
| Q4 25 | — | 30.4% | ||
| Q3 25 | -0.2% | 31.6% | ||
| Q2 25 | -10.5% | 29.5% | ||
| Q1 25 | 5.4% | 29.5% | ||
| Q4 24 | — | 26.3% | ||
| Q3 24 | 10.9% | 15.0% | ||
| Q2 24 | -15.4% | 23.1% | ||
| Q1 24 | -34.7% | 22.6% |
| Q4 25 | $-0.61 | $1.81 | ||
| Q3 25 | $0.00 | $1.75 | ||
| Q2 25 | $-0.20 | $1.57 | ||
| Q1 25 | $0.10 | $1.55 | ||
| Q4 24 | $-0.47 | $1.37 | ||
| Q3 24 | $0.17 | $0.74 | ||
| Q2 24 | $-0.23 | $0.96 | ||
| Q1 24 | $-0.49 | $0.93 |
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 | — | $188.2M |
| Stockholders' EquityBook value | $381.0M | $650.9M |
| Total Assets | $1.1B | $5.8B |
| Debt / EquityLower = less leverage | — | 0.29× |
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 | — | $188.2M | ||
| Q3 25 | — | $170.5M | ||
| Q2 25 | — | $122.7M | ||
| Q1 25 | — | $124.9M | ||
| Q4 24 | — | $28.1M | ||
| Q3 24 | $438.7M | $30.5M | ||
| Q2 24 | $452.5M | $108.6M | ||
| Q1 24 | $452.5M | $58.6M |
| Q4 25 | $381.0M | $650.9M | ||
| Q3 25 | $396.6M | $622.2M | ||
| Q2 25 | $388.5M | $587.7M | ||
| Q1 25 | $378.5M | $571.9M | ||
| Q4 24 | $360.7M | $549.0M | ||
| Q3 24 | $377.8M | $566.0M | ||
| Q2 24 | $359.1M | $530.7M | ||
| Q1 24 | $359.5M | $520.8M |
| Q4 25 | $1.1B | $5.8B | ||
| Q3 25 | $1.1B | $5.7B | ||
| Q2 25 | $1.1B | $5.6B | ||
| Q1 25 | $1.0B | $5.5B | ||
| Q4 24 | $1.0B | $5.6B | ||
| Q3 24 | $1.1B | $5.5B | ||
| Q2 24 | $1.0B | $4.9B | ||
| Q1 24 | $994.0M | $4.9B |
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 0.05× | ||
| Q3 24 | 1.16× | 0.05× | ||
| Q2 24 | 1.26× | 0.20× | ||
| Q1 24 | 1.26× | 0.11× |
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 | $90.4M |
| Free Cash FlowOCF − Capex | $-35.5M | $86.4M |
| FCF MarginFCF / Revenue | -34.0% | 122.5% |
| Capex IntensityCapex / Revenue | 2.8% | 5.6% |
| Cash ConversionOCF / Net Profit | — | 4.21× |
| TTM Free Cash FlowTrailing 4 quarters | $-15.1M | $144.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-32.7M | $90.4M | ||
| Q3 25 | $-4.5M | $26.9M | ||
| Q2 25 | $26.0M | $12.7M | ||
| Q1 25 | $435.0K | $21.1M | ||
| Q4 24 | $-14.0M | $60.4M | ||
| Q3 24 | $21.1M | $23.3M | ||
| Q2 24 | $23.5M | $8.8M | ||
| Q1 24 | $-4.6M | $12.4M |
| Q4 25 | $-35.5M | $86.4M | ||
| Q3 25 | $-5.2M | $25.8M | ||
| Q2 25 | $25.6M | $11.6M | ||
| Q1 25 | $137.0K | $20.5M | ||
| Q4 24 | $-17.5M | $54.3M | ||
| Q3 24 | $20.3M | $19.5M | ||
| Q2 24 | $23.1M | $8.4M | ||
| Q1 24 | $-5.0M | $11.5M |
| Q4 25 | -34.0% | 122.5% | ||
| Q3 25 | -5.0% | 39.2% | ||
| Q2 25 | 26.1% | 18.4% | ||
| Q1 25 | 0.1% | 32.8% | ||
| Q4 24 | -20.9% | 87.8% | ||
| Q3 24 | 25.3% | 33.5% | ||
| Q2 24 | 30.7% | 17.2% | ||
| Q1 24 | -7.1% | 23.7% |
| Q4 25 | 2.8% | 5.6% | ||
| Q3 25 | 0.7% | 1.7% | ||
| Q2 25 | 0.4% | 1.8% | ||
| Q1 25 | 0.3% | 0.9% | ||
| Q4 24 | 4.3% | 9.9% | ||
| Q3 24 | 1.0% | 6.5% | ||
| Q2 24 | 0.4% | 0.7% | ||
| Q1 24 | 0.6% | 2.0% |
| Q4 25 | — | 4.21× | ||
| Q3 25 | — | 1.29× | ||
| Q2 25 | — | 0.68× | ||
| Q1 25 | 0.09× | 1.14× | ||
| Q4 24 | — | 3.72× | ||
| Q3 24 | 2.42× | 2.67× | ||
| Q2 24 | — | 0.77× | ||
| Q1 24 | — | 1.14× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
