vs

Side-by-side financial comparison of INSMED Inc (INSM) and SSR MINING INC. (SSRM). Click either name above to swap in a different company.

SSR MINING INC. is the larger business by last-quarter revenue ($521.7M vs $263.8M, roughly 2.0× INSMED Inc). SSR MINING INC. runs the higher net margin — 34.8% vs -124.5%, a 159.3% gap on every dollar of revenue. On growth, INSMED Inc posted the faster year-over-year revenue change (152.6% vs 61.4%). SSR MINING INC. produced more free cash flow last quarter ($106.4M vs $-264.2M). Over the past eight quarters, INSMED Inc's revenue compounded faster (86.9% CAGR vs 50.5%).

Insmed Inc. is a global biopharmaceutical firm focused on developing and commercializing innovative therapies for patients with serious rare diseases that have high unmet medical needs. Its key offerings target pulmonary and endocrine rare disorders, serving markets across North America, Europe, and Asia Pacific.

SSR Mining Inc., formerly Silver Standard Resources is a Denver-based gold, silver, copper, lead and zinc producer that owns the largest silver mine in Argentina. In addition it engages in exploration activity throughout the Americas and Turkey. In 2020, SSR Mining merged with Alacer Gold. Since the merger, the company has moved headquarters to Denver, Colorado. Rodney P. Antal is now the president and CEO of SSR mining. In February 2021, SSR Mining announced that Alison White would be the ne...

INSM vs SSRM — Head-to-Head

Bigger by revenue
SSRM
SSRM
2.0× larger
SSRM
$521.7M
$263.8M
INSM
Growing faster (revenue YoY)
INSM
INSM
+91.2% gap
INSM
152.6%
61.4%
SSRM
Higher net margin
SSRM
SSRM
159.3% more per $
SSRM
34.8%
-124.5%
INSM
More free cash flow
SSRM
SSRM
$370.6M more FCF
SSRM
$106.4M
$-264.2M
INSM
Faster 2-yr revenue CAGR
INSM
INSM
Annualised
INSM
86.9%
50.5%
SSRM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSM
INSM
SSRM
SSRM
Revenue
$263.8M
$521.7M
Net Profit
$-328.5M
$181.5M
Gross Margin
83.2%
Operating Margin
-121.2%
38.8%
Net Margin
-124.5%
34.8%
Revenue YoY
152.6%
61.4%
Net Profit YoY
-39.5%
3166.6%
EPS (diluted)
$-1.55
$0.84

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
INSM
INSM
SSRM
SSRM
Q4 25
$263.8M
$521.7M
Q3 25
$142.3M
$385.8M
Q2 25
$107.4M
$405.5M
Q1 25
$92.8M
$316.6M
Q4 24
$104.4M
$323.2M
Q3 24
$93.4M
$257.4M
Q2 24
$90.3M
$184.8M
Q1 24
$75.5M
$230.2M
Net Profit
INSM
INSM
SSRM
SSRM
Q4 25
$-328.5M
$181.5M
Q3 25
$-370.0M
$65.4M
Q2 25
$-321.7M
$90.1M
Q1 25
$-256.6M
$58.8M
Q4 24
$-235.5M
$5.6M
Q3 24
$-220.5M
$10.6M
Q2 24
$-300.6M
$9.7M
Q1 24
$-157.1M
$-287.1M
Gross Margin
INSM
INSM
SSRM
SSRM
Q4 25
83.2%
Q3 25
79.4%
Q2 25
73.9%
Q1 25
77.1%
Q4 24
75.0%
Q3 24
77.3%
Q2 24
76.8%
Q1 24
76.9%
Operating Margin
INSM
INSM
SSRM
SSRM
Q4 25
-121.2%
38.8%
Q3 25
-257.1%
21.6%
Q2 25
-291.3%
26.9%
Q1 25
-267.3%
21.1%
Q4 24
-220.6%
10.6%
Q3 24
-228.4%
3.5%
Q2 24
-319.8%
5.8%
Q1 24
-192.7%
-163.5%
Net Margin
INSM
INSM
SSRM
SSRM
Q4 25
-124.5%
34.8%
Q3 25
-260.0%
17.0%
Q2 25
-299.5%
22.2%
Q1 25
-276.4%
18.6%
Q4 24
-225.5%
1.7%
Q3 24
-236.0%
4.1%
Q2 24
-332.8%
5.2%
Q1 24
-208.1%
-124.7%
EPS (diluted)
INSM
INSM
SSRM
SSRM
Q4 25
$-1.55
$0.84
Q3 25
$-1.75
$0.31
Q2 25
$-1.70
$0.42
Q1 25
$-1.42
$0.28
Q4 24
$-1.30
$0.03
Q3 24
$-1.27
$0.05
Q2 24
$-1.94
$0.05
Q1 24
$-1.06
$-1.42

Balance Sheet & Financial Strength

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

Metric
INSM
INSM
SSRM
SSRM
Cash + ST InvestmentsLiquidity on hand
$1.4B
$575.6M
Total DebtLower is stronger
$546.8M
Stockholders' EquityBook value
$739.0M
$3.5B
Total Assets
$2.3B
$6.1B
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSM
INSM
SSRM
SSRM
Q4 25
$1.4B
$575.6M
Q3 25
$1.7B
$445.4M
Q2 25
$1.9B
$438.5M
Q1 25
$1.2B
$341.3M
Q4 24
$1.4B
$417.3M
Q3 24
$1.5B
$365.8M
Q2 24
$1.2B
$384.4M
Q1 24
$595.7M
$492.0M
Total Debt
INSM
INSM
SSRM
SSRM
Q4 25
$546.8M
Q3 25
$546.8M
Q2 25
$546.8M
Q1 25
$1.1B
Q4 24
$1.1B
$228.6M
Q3 24
$971.8M
$228.3M
Q2 24
$1.2B
$228.0M
Q1 24
$1.2B
$228.7M
Stockholders' Equity
INSM
INSM
SSRM
SSRM
Q4 25
$739.0M
$3.5B
Q3 25
$945.6M
$3.3B
Q2 25
$1.2B
$3.3B
Q1 25
$99.2M
$3.2B
Q4 24
$285.4M
$3.1B
Q3 24
$483.4M
$3.1B
Q2 24
$38.8M
$3.1B
Q1 24
$-464.8M
$3.1B
Total Assets
INSM
INSM
SSRM
SSRM
Q4 25
$2.3B
$6.1B
Q3 25
$2.4B
$5.9B
Q2 25
$2.5B
$5.8B
Q1 25
$1.8B
$5.6B
Q4 24
$2.0B
$5.2B
Q3 24
$2.1B
$5.1B
Q2 24
$1.8B
$5.2B
Q1 24
$1.2B
$5.3B
Debt / Equity
INSM
INSM
SSRM
SSRM
Q4 25
0.74×
Q3 25
0.58×
Q2 25
0.44×
Q1 25
11.31×
Q4 24
3.93×
0.07×
Q3 24
2.01×
0.07×
Q2 24
30.66×
0.07×
Q1 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
INSM
INSM
SSRM
SSRM
Operating Cash FlowLast quarter
$-247.6M
$172.1M
Free Cash FlowOCF − Capex
$-264.2M
$106.4M
FCF MarginFCF / Revenue
-100.1%
20.4%
Capex IntensityCapex / Revenue
6.3%
12.6%
Cash ConversionOCF / Net Profit
0.95×
TTM Free Cash FlowTrailing 4 quarters
$-967.6M
$241.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INSM
INSM
SSRM
SSRM
Q4 25
$-247.6M
$172.1M
Q3 25
$-219.8M
$57.2M
Q2 25
$-205.6M
$157.8M
Q1 25
$-262.1M
$84.8M
Q4 24
$-196.0M
$95.0M
Q3 24
$-180.9M
$-1.3M
Q2 24
$-123.0M
$-78.1M
Q1 24
$-184.0M
$24.6M
Free Cash Flow
INSM
INSM
SSRM
SSRM
Q4 25
$-264.2M
$106.4M
Q3 25
$-222.2M
$-2.4M
Q2 25
$-209.1M
$98.4M
Q1 25
$-272.2M
$39.3M
Q4 24
$-202.8M
$56.4M
Q3 24
$-184.6M
$-34.1M
Q2 24
$-129.7M
$-116.3M
Q1 24
$-188.7M
$-9.4M
FCF Margin
INSM
INSM
SSRM
SSRM
Q4 25
-100.1%
20.4%
Q3 25
-156.1%
-0.6%
Q2 25
-194.6%
24.3%
Q1 25
-293.2%
12.4%
Q4 24
-194.1%
17.5%
Q3 24
-197.6%
-13.2%
Q2 24
-143.6%
-62.9%
Q1 24
-250.0%
-4.1%
Capex Intensity
INSM
INSM
SSRM
SSRM
Q4 25
6.3%
12.6%
Q3 25
1.7%
15.4%
Q2 25
3.2%
14.7%
Q1 25
10.8%
14.4%
Q4 24
6.5%
11.9%
Q3 24
3.9%
12.7%
Q2 24
7.5%
20.7%
Q1 24
6.2%
14.8%
Cash Conversion
INSM
INSM
SSRM
SSRM
Q4 25
0.95×
Q3 25
0.87×
Q2 25
1.75×
Q1 25
1.44×
Q4 24
17.10×
Q3 24
-0.13×
Q2 24
-8.06×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

INSM
INSM

Segment breakdown not available.

SSRM
SSRM

Gold$369.3M71%
Concentrate Sales$124.4M24%
Other$19.1M4%
Lead$9.0M2%

Related Comparisons