vs

Side-by-side financial comparison of Inventiva S.A. (IVA) and Alaunos Therapeutics, Inc. (TCRT). Click either name above to swap in a different company.

Inventiva S.A. is the larger business by last-quarter revenue ($5.1K vs $3.0K, roughly 1.7× Alaunos Therapeutics, Inc.).

Inventiva S.A. is a clinical-stage biopharmaceutical company focused on developing innovative oral therapies for patients living with fibrosis, rare diseases, and oncological conditions. It advances a pipeline of targeted product candidates, with key operations across Europe and North America, serving patient populations with high unmet medical needs worldwide.

Alaunos Therapeutics, Inc. is a clinical-stage biotechnology company that develops novel T cell receptor (TCR) immunotherapies for the treatment of hard-to-treat solid tumors. The firm focuses on advancing precision oncology candidates targeting shared tumor antigens, serving global oncology patient populations via internal R&D and cross-sector partnerships.

IVA vs TCRT — Head-to-Head

Bigger by revenue
IVA
IVA
1.7× larger
IVA
$5.1K
$3.0K
TCRT

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
IVA
IVA
TCRT
TCRT
Revenue
$5.1K
$3.0K
Net Profit
$-49.0M
Gross Margin
Operating Margin
Net Margin
-961352.9%
Revenue YoY
-40.0%
Net Profit YoY
-20.5%
EPS (diluted)

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
IVA
IVA
TCRT
TCRT
Q4 25
$3.0K
Q3 25
$0
Q2 25
$0
Q1 25
$2.0K
Q4 24
$5.0K
Q3 24
$0
Q2 24
$5.1K
$4.0K
Q1 24
$1.0K
Net Profit
IVA
IVA
TCRT
TCRT
Q4 25
Q3 25
$-1.2M
Q2 25
$-1.1M
Q1 25
$-1.1M
Q4 24
Q3 24
$-1.1M
Q2 24
$-49.0M
$-1.1M
Q1 24
$-1.7M
Operating Margin
IVA
IVA
TCRT
TCRT
Q4 25
Q3 25
Q2 25
Q1 25
-54600.0%
Q4 24
Q3 24
Q2 24
-29150.0%
Q1 24
-174200.0%
Net Margin
IVA
IVA
TCRT
TCRT
Q4 25
Q3 25
Q2 25
Q1 25
-53650.0%
Q4 24
Q3 24
Q2 24
-961352.9%
-28225.0%
Q1 24
-168200.0%
EPS (diluted)
IVA
IVA
TCRT
TCRT
Q4 25
Q3 25
$-0.55
Q2 25
$-0.63
Q1 25
$-0.67
Q4 24
Q3 24
$-0.70
Q2 24
$-0.71
Q1 24
$-1.05

Balance Sheet & Financial Strength

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

Metric
IVA
IVA
TCRT
TCRT
Cash + ST InvestmentsLiquidity on hand
$11.0M
$1.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$-85.4M
$2.2M
Total Assets
$42.6M
$3.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVA
IVA
TCRT
TCRT
Q4 25
$1.4M
Q3 25
$1.9M
Q2 25
$2.9M
Q1 25
$319.0K
Q4 24
$1.1M
Q3 24
$1.7M
Q2 24
$11.0M
$2.5M
Q1 24
$4.1M
Stockholders' Equity
IVA
IVA
TCRT
TCRT
Q4 25
$2.2M
Q3 25
$2.8M
Q2 25
$3.7M
Q1 25
$1.1M
Q4 24
$2.1M
Q3 24
$2.7M
Q2 24
$-85.4M
$3.8M
Q1 24
$4.8M
Total Assets
IVA
IVA
TCRT
TCRT
Q4 25
$3.0M
Q3 25
$3.7M
Q2 25
$4.7M
Q1 25
$2.1M
Q4 24
$2.8M
Q3 24
$3.5M
Q2 24
$42.6M
$4.7M
Q1 24
$6.0M

Cash Flow & Capital Efficiency

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

Metric
IVA
IVA
TCRT
TCRT
Operating Cash FlowLast quarter
$-2.9M
Free Cash FlowOCF − Capex
$-3.0M
FCF MarginFCF / Revenue
-98900.0%
Capex IntensityCapex / Revenue
3266.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVA
IVA
TCRT
TCRT
Q4 25
$-2.9M
Q3 25
$-844.0K
Q2 25
$-701.0K
Q1 25
$-772.0K
Q4 24
$-5.0M
Q3 24
$-781.0K
Q2 24
$-1.7M
Q1 24
$-1.9M
Free Cash Flow
IVA
IVA
TCRT
TCRT
Q4 25
$-3.0M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
IVA
IVA
TCRT
TCRT
Q4 25
-98900.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
IVA
IVA
TCRT
TCRT
Q4 25
3266.7%
Q3 25
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
Q2 24
0.0%
Q1 24
0.0%

Financial Flow Comparison

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

Related Comparisons