vs

Side-by-side financial comparison of Immunovant, Inc. (IMVT) and STRATUS PROPERTIES INC (STRS). Click either name above to swap in a different company.

Immunovant, Inc. is the larger business by last-quarter revenue ($8.4M vs $8.3M, roughly 1.0× STRATUS PROPERTIES INC). STRATUS PROPERTIES INC runs the higher net margin — 203.2% vs -899.0%, a 1102.3% gap on every dollar of revenue. On growth, Immunovant, Inc. posted the faster year-over-year revenue change (140.7% vs -19.4%). STRATUS PROPERTIES INC produced more free cash flow last quarter ($-38.0M vs $-59.8M).

Immunovant, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative monoclonal antibody therapies for patients with serious, rare autoimmune and inflammatory diseases. Its lead product candidate covers multiple autoimmune indications, with core U.S. operations and a global market expansion strategy.

Ryman Hospitality Properties, Inc. is a hotel, resort, entertainment, and media company named for one of its assets: the Ryman Auditorium, a National Historic Landmark in Nashville, Tennessee. The company's legal lineage can be traced back to its time as a subsidiary of Edward Gaylord's Oklahoma Publishing Company; however, the backbone of the modern entity was formed with the company's acquisition of WSM, Inc. in 1983. This purchase resulted in the ownership of the Grand Ole Opry and associa...

IMVT vs STRS — Head-to-Head

Bigger by revenue
IMVT
IMVT
1.0× larger
IMVT
$8.4M
$8.3M
STRS
Growing faster (revenue YoY)
IMVT
IMVT
+160.2% gap
IMVT
140.7%
-19.4%
STRS
Higher net margin
STRS
STRS
1102.3% more per $
STRS
203.2%
-899.0%
IMVT
More free cash flow
STRS
STRS
$21.8M more FCF
STRS
$-38.0M
$-59.8M
IMVT

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
IMVT
IMVT
STRS
STRS
Revenue
$8.4M
$8.3M
Net Profit
$-75.3M
$16.9M
Gross Margin
Operating Margin
-896.2%
Net Margin
-899.0%
203.2%
Revenue YoY
140.7%
-19.4%
Net Profit YoY
-26.7%
1293.4%
EPS (diluted)
$-0.50
$2.42

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
IMVT
IMVT
STRS
STRS
Q4 25
$8.3M
Q3 25
$5.0M
Q2 25
$11.6M
Q1 25
$5.0M
Q4 24
$10.3M
Q3 24
$8.9M
Q2 24
$8.5M
Q1 24
$8.4M
$26.5M
Net Profit
IMVT
IMVT
STRS
STRS
Q4 25
$16.9M
Q3 25
$-8.0M
Q2 25
$-2.3M
Q1 25
$-3.8M
Q4 24
$-1.4M
Q3 24
$-1.4M
Q2 24
$-2.8M
Q1 24
$-75.3M
$3.7M
Gross Margin
IMVT
IMVT
STRS
STRS
Q4 25
Q3 25
-85.1%
Q2 25
-19.0%
Q1 25
5.1%
Q4 24
18.3%
Q3 24
2.5%
Q2 24
10.9%
Q1 24
30.7%
Operating Margin
IMVT
IMVT
STRS
STRS
Q4 25
Q3 25
-162.9%
Q2 25
-6.5%
Q1 25
-71.3%
Q4 24
-13.6%
Q3 24
-17.1%
Q2 24
-34.4%
Q1 24
-896.2%
13.9%
Net Margin
IMVT
IMVT
STRS
STRS
Q4 25
203.2%
Q3 25
-161.1%
Q2 25
-19.8%
Q1 25
-74.5%
Q4 24
-13.7%
Q3 24
-15.9%
Q2 24
-32.7%
Q1 24
-899.0%
13.9%
EPS (diluted)
IMVT
IMVT
STRS
STRS
Q4 25
$2.42
Q3 25
$-0.62
Q2 25
$0.03
Q1 25
$-0.36
Q4 24
$-0.06
Q3 24
$-0.05
Q2 24
$-0.21
Q1 24
$-0.50
$0.56

Balance Sheet & Financial Strength

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

Metric
IMVT
IMVT
STRS
STRS
Cash + ST InvestmentsLiquidity on hand
$635.4M
$74.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$617.8M
$204.5M
Total Assets
$666.4M
$563.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMVT
IMVT
STRS
STRS
Q4 25
$74.3M
Q3 25
$55.0M
Q2 25
$59.4M
Q1 25
$12.0M
Q4 24
$20.2M
Q3 24
$19.6M
Q2 24
$13.5M
Q1 24
$635.4M
$20.7M
Stockholders' Equity
IMVT
IMVT
STRS
STRS
Q4 25
$204.5M
Q3 25
$185.8M
Q2 25
$191.9M
Q1 25
$191.5M
Q4 24
$194.7M
Q3 24
$196.4M
Q2 24
$196.3M
Q1 24
$617.8M
$197.6M
Total Assets
IMVT
IMVT
STRS
STRS
Q4 25
$563.4M
Q3 25
$572.6M
Q2 25
$574.8M
Q1 25
$534.6M
Q4 24
$532.6M
Q3 24
$523.2M
Q2 24
$514.0M
Q1 24
$666.4M
$509.5M

Cash Flow & Capital Efficiency

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

Metric
IMVT
IMVT
STRS
STRS
Operating Cash FlowLast quarter
$-59.7M
$-29.9M
Free Cash FlowOCF − Capex
$-59.8M
$-38.0M
FCF MarginFCF / Revenue
-714.4%
-458.5%
Capex IntensityCapex / Revenue
1.8%
98.2%
Cash ConversionOCF / Net Profit
-1.77×
TTM Free Cash FlowTrailing 4 quarters
$-214.6M
$-70.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMVT
IMVT
STRS
STRS
Q4 25
$-29.9M
Q3 25
$-9.0M
Q2 25
$-1.7M
Q1 25
$-13.5M
Q4 24
$-5.8M
Q3 24
$-686.0K
Q2 24
$-8.3M
Q1 24
$-59.7M
$6.5M
Free Cash Flow
IMVT
IMVT
STRS
STRS
Q4 25
$-38.0M
Q3 25
$-9.9M
Q2 25
$-4.3M
Q1 25
$-18.0M
Q4 24
$-35.0M
Q3 24
$-7.5M
Q2 24
$-16.3M
Q1 24
$-59.8M
$-1.6M
FCF Margin
IMVT
IMVT
STRS
STRS
Q4 25
-458.5%
Q3 25
-198.7%
Q2 25
-37.2%
Q1 25
-357.4%
Q4 24
-339.7%
Q3 24
-84.4%
Q2 24
-191.6%
Q1 24
-714.4%
-6.0%
Capex Intensity
IMVT
IMVT
STRS
STRS
Q4 25
98.2%
Q3 25
18.4%
Q2 25
22.7%
Q1 25
89.8%
Q4 24
283.0%
Q3 24
76.7%
Q2 24
94.2%
Q1 24
1.8%
30.7%
Cash Conversion
IMVT
IMVT
STRS
STRS
Q4 25
-1.77×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.77×

Financial Flow Comparison

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

Related Comparisons