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Side-by-side financial comparison of Karyopharm Therapeutics Inc. (KPTI) and STEM, INC. (STEM). Click either name above to swap in a different company.

STEM, INC. is the larger business by last-quarter revenue ($47.1M vs $34.1M, roughly 1.4× Karyopharm Therapeutics Inc.). STEM, INC. runs the higher net margin — -33.9% vs -299.9%, a 266.0% gap on every dollar of revenue. On growth, Karyopharm Therapeutics Inc. posted the faster year-over-year revenue change (11.6% vs -15.6%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% CAGR vs 1.4%).

StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.

KPTI vs STEM — Head-to-Head

Bigger by revenue
STEM
STEM
1.4× larger
STEM
$47.1M
$34.1M
KPTI
Growing faster (revenue YoY)
KPTI
KPTI
+27.1% gap
KPTI
11.6%
-15.6%
STEM
Higher net margin
STEM
STEM
266.0% more per $
STEM
-33.9%
-299.9%
KPTI
Faster 2-yr revenue CAGR
STEM
STEM
Annualised
STEM
36.1%
1.4%
KPTI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KPTI
KPTI
STEM
STEM
Revenue
$34.1M
$47.1M
Net Profit
$-102.2M
$-16.0M
Gross Margin
48.9%
Operating Margin
-52.4%
-17.7%
Net Margin
-299.9%
-33.9%
Revenue YoY
11.6%
-15.6%
Net Profit YoY
-232.0%
68.8%
EPS (diluted)
$-7.02
$-4.40

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
KPTI
KPTI
STEM
STEM
Q4 25
$34.1M
$47.1M
Q3 25
$44.0M
$38.2M
Q2 25
$37.9M
$38.4M
Q1 25
$30.0M
$32.5M
Q4 24
$30.5M
$55.8M
Q3 24
$38.8M
$29.3M
Q2 24
$42.8M
$34.0M
Q1 24
$33.1M
$25.5M
Net Profit
KPTI
KPTI
STEM
STEM
Q4 25
$-102.2M
$-16.0M
Q3 25
$-33.1M
$-23.8M
Q2 25
$-37.3M
$202.5M
Q1 25
$-23.5M
$-25.0M
Q4 24
$-30.8M
$-51.1M
Q3 24
$-32.1M
$-148.3M
Q2 24
$23.8M
$-582.3M
Q1 24
$-37.4M
$-72.3M
Gross Margin
KPTI
KPTI
STEM
STEM
Q4 25
48.9%
Q3 25
35.5%
Q2 25
33.4%
Q1 25
32.4%
Q4 24
-4.4%
Q3 24
21.2%
Q2 24
27.6%
Q1 24
-95.0%
Operating Margin
KPTI
KPTI
STEM
STEM
Q4 25
-52.4%
-17.7%
Q3 25
-34.6%
-33.6%
Q2 25
-64.3%
-34.8%
Q1 25
-110.8%
-65.0%
Q4 24
-102.4%
-84.4%
Q3 24
-67.8%
-493.2%
Q2 24
-65.7%
-1705.5%
Q1 24
-101.9%
-267.0%
Net Margin
KPTI
KPTI
STEM
STEM
Q4 25
-299.9%
-33.9%
Q3 25
-75.2%
-62.2%
Q2 25
-98.2%
527.8%
Q1 25
-78.2%
-76.9%
Q4 24
-100.8%
-91.6%
Q3 24
-82.7%
-506.3%
Q2 24
55.6%
-1712.6%
Q1 24
-112.8%
-283.9%
EPS (diluted)
KPTI
KPTI
STEM
STEM
Q4 25
$-7.02
$-4.40
Q3 25
$-3.82
$-2.84
Q2 25
$-4.32
$-1.79
Q1 25
$-2.77
$-0.15
Q4 24
$-2.33
$-15.29
Q3 24
$-3.85
$-18.24
Q2 24
$-2.97
$-71.81
Q1 24
$-4.85
$-0.46

Balance Sheet & Financial Strength

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

Metric
KPTI
KPTI
STEM
STEM
Cash + ST InvestmentsLiquidity on hand
$60.5M
$48.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-292.9M
$-249.4M
Total Assets
$108.4M
$308.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KPTI
KPTI
STEM
STEM
Q4 25
$60.5M
$48.9M
Q3 25
$37.7M
$43.1M
Q2 25
$38.7M
$40.8M
Q1 25
$38.8M
$58.6M
Q4 24
$62.5M
$56.3M
Q3 24
$72.8M
$75.4M
Q2 24
$84.8M
$89.6M
Q1 24
$30.6M
$112.8M
Stockholders' Equity
KPTI
KPTI
STEM
STEM
Q4 25
$-292.9M
$-249.4M
Q3 25
$-269.3M
$-235.7M
Q2 25
$-238.9M
$-214.1M
Q1 25
$-205.9M
$-417.5M
Q4 24
$-186.0M
$-398.4M
Q3 24
$-159.6M
$-344.1M
Q2 24
$-132.1M
$-203.2M
Q1 24
$-169.0M
$371.6M
Total Assets
KPTI
KPTI
STEM
STEM
Q4 25
$108.4M
$308.9M
Q3 25
$96.2M
$362.6M
Q2 25
$104.9M
$379.2M
Q1 25
$127.7M
$405.1M
Q4 24
$164.4M
$437.4M
Q3 24
$189.5M
$537.8M
Q2 24
$214.0M
$691.5M
Q1 24
$204.5M
$1.3B

Cash Flow & Capital Efficiency

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

Metric
KPTI
KPTI
STEM
STEM
Operating Cash FlowLast quarter
$-11.8M
$8.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KPTI
KPTI
STEM
STEM
Q4 25
$-11.8M
$8.2M
Q3 25
$-5.9M
$11.4M
Q2 25
$-18.7M
$-21.3M
Q1 25
$-39.0M
$8.5M
Q4 24
$-25.8M
$-14.7M
Q3 24
$-19.5M
$-9.4M
Q2 24
$-38.5M
$-11.9M
Q1 24
$-43.7M
$-621.0K
Free Cash Flow
KPTI
KPTI
STEM
STEM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-25.9M
Q3 24
Q2 24
Q1 24
$-43.9M
FCF Margin
KPTI
KPTI
STEM
STEM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-84.7%
Q3 24
Q2 24
Q1 24
-132.6%
Capex Intensity
KPTI
KPTI
STEM
STEM
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.2%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.6%
Cash Conversion
KPTI
KPTI
STEM
STEM
Q4 25
Q3 25
Q2 25
-0.11×
Q1 25
Q4 24
Q3 24
Q2 24
-1.62×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

KPTI
KPTI

Products$32.1M94%
License And Other$2.0M6%

STEM
STEM

Segment breakdown not available.

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