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Side-by-side financial comparison of Innventure, Inc. (INV) and Prime Medicine, Inc. (PRME). Click either name above to swap in a different company.

Prime Medicine, Inc. is the larger business by last-quarter revenue ($838.0K vs $822.0K, roughly 1.0× Innventure, Inc.). Innventure, Inc. runs the higher net margin — -4593.8% vs -5498.7%, a 904.9% gap on every dollar of revenue. Prime Medicine, Inc. produced more free cash flow last quarter ($-37.5M vs $-82.1M).

Innventure, Inc. is a business development and commercialization firm that partners with large global corporations to turn their underutilized intellectual property and unused R&D innovations into scalable, high-growth independent businesses. It focuses on sectors including sustainability, advanced materials and life sciences, serving primarily North American and European markets.

Prime Medicine, Inc. is an American biotechnology company developing gene therapies based on prime editing. The company is headquartered in Cambridge, Massachusetts.

INV vs PRME — Head-to-Head

Bigger by revenue
PRME
PRME
1.0× larger
PRME
$838.0K
$822.0K
INV
Higher net margin
INV
INV
904.9% more per $
INV
-4593.8%
-5498.7%
PRME
More free cash flow
PRME
PRME
$44.6M more FCF
PRME
$-37.5M
$-82.1M
INV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INV
INV
PRME
PRME
Revenue
$822.0K
$838.0K
Net Profit
$-37.8M
$-46.1M
Gross Margin
-1315.8%
Operating Margin
-3859.1%
-5800.5%
Net Margin
-4593.8%
-5498.7%
Revenue YoY
-61.6%
Net Profit YoY
-9.0%
EPS (diluted)
$-0.18
$-0.22

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
INV
INV
PRME
PRME
Q4 25
$822.0K
$838.0K
Q3 25
$534.0K
$1.2M
Q2 25
$476.0K
$1.1M
Q1 25
$224.0K
$1.5M
Q4 24
$2.2M
Q3 24
$317.0K
Q2 24
$0
Q1 24
$591.0K
Net Profit
INV
INV
PRME
PRME
Q4 25
$-37.8M
$-46.1M
Q3 25
$-28.3M
$-50.6M
Q2 25
$-84.2M
$-52.6M
Q1 25
$-143.0M
$-51.9M
Q4 24
$-42.3M
Q3 24
$-2.2M
Q2 24
$-55.3M
Q1 24
$-45.8M
Gross Margin
INV
INV
PRME
PRME
Q4 25
-1315.8%
Q3 25
-676.6%
Q2 25
-501.1%
Q1 25
17.9%
Q4 24
Q3 24
-145.1%
Q2 24
Q1 24
Operating Margin
INV
INV
PRME
PRME
Q4 25
-3859.1%
-5800.5%
Q3 25
-5469.1%
-4406.0%
Q2 25
-29952.5%
-4787.2%
Q1 25
-116606.3%
-3603.3%
Q4 24
-2025.7%
Q3 24
-4313.6%
Q2 24
Q1 24
-8179.5%
Net Margin
INV
INV
PRME
PRME
Q4 25
-4593.8%
-5498.7%
Q3 25
-5305.6%
-4129.1%
Q2 25
-17694.7%
-4716.7%
Q1 25
-63837.9%
-3568.8%
Q4 24
-1936.6%
Q3 24
-697.5%
Q2 24
Q1 24
-7743.0%
EPS (diluted)
INV
INV
PRME
PRME
Q4 25
$-0.18
$-0.22
Q3 25
$-0.51
$-0.32
Q2 25
$-1.60
$-0.41
Q1 25
$-3.10
$-0.40
Q4 24
$-0.31
Q3 24
$-0.94
Q2 24
$-0.46
Q1 24
$-0.44

Balance Sheet & Financial Strength

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

Metric
INV
INV
PRME
PRME
Cash + ST InvestmentsLiquidity on hand
$60.4M
$63.0M
Total DebtLower is stronger
$8.3M
Stockholders' EquityBook value
$204.2M
$120.9M
Total Assets
$599.2M
$342.7M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INV
INV
PRME
PRME
Q4 25
$60.4M
$63.0M
Q3 25
$9.1M
$71.4M
Q2 25
$7.0M
$53.8M
Q1 25
$91.9M
Q4 24
$182.5M
Q3 24
Q2 24
$55.6M
Q1 24
$94.2M
Total Debt
INV
INV
PRME
PRME
Q4 25
$8.3M
Q3 25
$29.5M
Q2 25
$16.8M
Q1 25
$12.3M
Q4 24
Q3 24
$14.9M
Q2 24
Q1 24
Stockholders' Equity
INV
INV
PRME
PRME
Q4 25
$204.2M
$120.9M
Q3 25
$190.8M
$161.8M
Q2 25
$218.6M
$60.9M
Q1 25
$261.5M
$106.9M
Q4 24
$153.1M
Q3 24
$-22.3M
Q2 24
$196.6M
Q1 24
$243.8M
Total Assets
INV
INV
PRME
PRME
Q4 25
$599.2M
$342.7M
Q3 25
$556.5M
$385.0M
Q2 25
$556.0M
$279.0M
Q1 25
$660.4M
$328.2M
Q4 24
$297.5M
Q3 24
$55.7M
Q2 24
$259.7M
Q1 24
$311.4M
Debt / Equity
INV
INV
PRME
PRME
Q4 25
0.04×
Q3 25
0.15×
Q2 25
0.08×
Q1 25
0.05×
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
INV
INV
PRME
PRME
Operating Cash FlowLast quarter
$-80.7M
$-37.3M
Free Cash FlowOCF − Capex
$-82.1M
$-37.5M
FCF MarginFCF / Revenue
-9987.8%
-4480.4%
Capex IntensityCapex / Revenue
172.4%
34.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-139.8M
$-167.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INV
INV
PRME
PRME
Q4 25
$-80.7M
$-37.3M
Q3 25
$-19.6M
$-35.0M
Q2 25
$-22.1M
$-41.4M
Q1 25
$-14.7M
$-48.9M
Q4 24
$16.2M
Q3 24
Q2 24
$-45.5M
Q1 24
$-67.7M
Free Cash Flow
INV
INV
PRME
PRME
Q4 25
$-82.1M
$-37.5M
Q3 25
$-20.0M
$-35.3M
Q2 25
$-22.1M
$-43.0M
Q1 25
$-15.6M
$-51.3M
Q4 24
$14.5M
Q3 24
Q2 24
$-47.4M
Q1 24
$-70.0M
FCF Margin
INV
INV
PRME
PRME
Q4 25
-9987.8%
-4480.4%
Q3 25
-3747.8%
-2880.5%
Q2 25
-4637.2%
-3855.1%
Q1 25
-6970.1%
-3526.8%
Q4 24
662.1%
Q3 24
Q2 24
Q1 24
-11849.6%
Capex Intensity
INV
INV
PRME
PRME
Q4 25
172.4%
34.6%
Q3 25
82.2%
20.2%
Q2 25
3.2%
141.0%
Q1 25
409.4%
166.6%
Q4 24
82.0%
Q3 24
Q2 24
Q1 24
393.2%

Financial Flow Comparison

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

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