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Side-by-side financial comparison of Krystal Biotech, Inc. (KRYS) and Repay Holdings Corp (RPAY). Click either name above to swap in a different company.

Krystal Biotech, Inc. is the larger business by last-quarter revenue ($107.1M vs $78.6M, roughly 1.4× Repay Holdings Corp). Krystal Biotech, Inc. runs the higher net margin — 48.0% vs -178.3%, a 226.3% gap on every dollar of revenue. On growth, Krystal Biotech, Inc. posted the faster year-over-year revenue change (17.5% vs 0.4%). Krystal Biotech, Inc. produced more free cash flow last quarter ($75.4M vs $23.2M). Over the past eight quarters, Krystal Biotech, Inc.'s revenue compounded faster (53.8% CAGR vs -1.3%).

Krystal Biotech, Inc. is a clinical-stage biotechnology company specializing in the research, development and commercialization of novel gene therapies for rare, serious dermatological diseases with high unmet medical needs. It primarily serves patients across North America and Europe, focusing on monogenic skin disorders that lack effective standard treatment options.

Repay Holdings Corp is a leading payment technology provider delivering integrated end-to-end payment processing solutions for businesses across North America. Its offerings include credit/debit card processing, ACH transfer services, POS system integrations and digital payment tools, serving retail, healthcare, automotive and e-commerce segments to help clients streamline transaction workflows and boost operational efficiency.

KRYS vs RPAY — Head-to-Head

Bigger by revenue
KRYS
KRYS
1.4× larger
KRYS
$107.1M
$78.6M
RPAY
Growing faster (revenue YoY)
KRYS
KRYS
+17.1% gap
KRYS
17.5%
0.4%
RPAY
Higher net margin
KRYS
KRYS
226.3% more per $
KRYS
48.0%
-178.3%
RPAY
More free cash flow
KRYS
KRYS
$52.1M more FCF
KRYS
$75.4M
$23.2M
RPAY
Faster 2-yr revenue CAGR
KRYS
KRYS
Annualised
KRYS
53.8%
-1.3%
RPAY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KRYS
KRYS
RPAY
RPAY
Revenue
$107.1M
$78.6M
Net Profit
$51.4M
$-140.1M
Gross Margin
74.2%
Operating Margin
41.5%
-182.2%
Net Margin
48.0%
-178.3%
Revenue YoY
17.5%
0.4%
Net Profit YoY
13.0%
-3304.1%
EPS (diluted)
$1.69
$-1.68

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
KRYS
KRYS
RPAY
RPAY
Q4 25
$107.1M
$78.6M
Q3 25
$97.8M
$77.7M
Q2 25
$96.0M
$75.6M
Q1 25
$88.2M
$77.3M
Q4 24
$91.1M
$78.3M
Q3 24
$83.8M
$79.1M
Q2 24
$70.3M
$74.9M
Q1 24
$45.3M
$80.7M
Net Profit
KRYS
KRYS
RPAY
RPAY
Q4 25
$51.4M
$-140.1M
Q3 25
$79.4M
$-6.4M
Q2 25
$38.3M
$-102.3M
Q1 25
$35.7M
$-7.9M
Q4 24
$45.5M
$-4.1M
Q3 24
$27.2M
$3.2M
Q2 24
$15.6M
$-4.1M
Q1 24
$932.0K
$-5.2M
Gross Margin
KRYS
KRYS
RPAY
RPAY
Q4 25
74.2%
Q3 25
74.4%
Q2 25
75.7%
Q1 25
75.9%
Q4 24
76.3%
Q3 24
77.8%
Q2 24
78.2%
Q1 24
76.2%
Operating Margin
KRYS
KRYS
RPAY
RPAY
Q4 25
41.5%
-182.2%
Q3 25
42.3%
-3.9%
Q2 25
40.9%
-138.7%
Q1 25
41.0%
-4.7%
Q4 24
45.4%
-1.5%
Q3 24
26.8%
-0.9%
Q2 24
12.2%
-4.6%
Q1 24
-14.8%
-3.1%
Net Margin
KRYS
KRYS
RPAY
RPAY
Q4 25
48.0%
-178.3%
Q3 25
81.2%
-8.3%
Q2 25
39.9%
-135.2%
Q1 25
40.5%
-10.3%
Q4 24
49.9%
-5.3%
Q3 24
32.4%
4.1%
Q2 24
22.2%
-5.4%
Q1 24
2.1%
-6.5%
EPS (diluted)
KRYS
KRYS
RPAY
RPAY
Q4 25
$1.69
$-1.68
Q3 25
$2.66
$-0.08
Q2 25
$1.29
$-1.15
Q1 25
$1.20
$-0.09
Q4 24
$1.53
$-0.04
Q3 24
$0.91
$0.03
Q2 24
$0.53
$-0.04
Q1 24
$0.03
$-0.06

Balance Sheet & Financial Strength

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

Metric
KRYS
KRYS
RPAY
RPAY
Cash + ST InvestmentsLiquidity on hand
$496.3M
$115.7M
Total DebtLower is stronger
$280.1M
Stockholders' EquityBook value
$1.2B
$484.4M
Total Assets
$1.3B
$1.2B
Debt / EquityLower = less leverage
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRYS
KRYS
RPAY
RPAY
Q4 25
$496.3M
$115.7M
Q3 25
$392.6M
$95.7M
Q2 25
$353.8M
$162.6M
Q1 25
$308.8M
$165.5M
Q4 24
$344.9M
$189.5M
Q3 24
$374.0M
$168.7M
Q2 24
$345.8M
$147.1M
Q1 24
$359.0M
$128.3M
Total Debt
KRYS
KRYS
RPAY
RPAY
Q4 25
$280.1M
Q3 25
$279.5M
Q2 25
$279.0M
Q1 25
$497.6M
Q4 24
$496.8M
Q3 24
$496.2M
Q2 24
$435.6M
Q1 24
$434.9M
Stockholders' Equity
KRYS
KRYS
RPAY
RPAY
Q4 25
$1.2B
$484.4M
Q3 25
$1.1B
$616.9M
Q2 25
$1.0B
$633.7M
Q1 25
$984.7M
$755.7M
Q4 24
$946.4M
$761.3M
Q3 24
$885.8M
$754.7M
Q2 24
$838.9M
$815.4M
Q1 24
$799.2M
$813.8M
Total Assets
KRYS
KRYS
RPAY
RPAY
Q4 25
$1.3B
$1.2B
Q3 25
$1.2B
$1.3B
Q2 25
$1.1B
$1.4B
Q1 25
$1.1B
$1.5B
Q4 24
$1.1B
$1.6B
Q3 24
$982.3M
$1.6B
Q2 24
$917.7M
$1.5B
Q1 24
$853.3M
$1.5B
Debt / Equity
KRYS
KRYS
RPAY
RPAY
Q4 25
0.58×
Q3 25
0.45×
Q2 25
0.44×
Q1 25
0.66×
Q4 24
0.65×
Q3 24
0.66×
Q2 24
0.53×
Q1 24
0.53×

Cash Flow & Capital Efficiency

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

Metric
KRYS
KRYS
RPAY
RPAY
Operating Cash FlowLast quarter
$77.5M
$23.3M
Free Cash FlowOCF − Capex
$75.4M
$23.2M
FCF MarginFCF / Revenue
70.4%
29.6%
Capex IntensityCapex / Revenue
2.0%
0.1%
Cash ConversionOCF / Net Profit
1.51×
TTM Free Cash FlowTrailing 4 quarters
$188.9M
$90.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRYS
KRYS
RPAY
RPAY
Q4 25
$77.5M
$23.3M
Q3 25
$39.7M
$32.2M
Q2 25
$52.7M
$33.1M
Q1 25
$31.0M
$2.5M
Q4 24
$52.8M
$34.3M
Q3 24
$58.9M
$60.1M
Q2 24
$-4.2M
$31.0M
Q1 24
$15.9M
$24.8M
Free Cash Flow
KRYS
KRYS
RPAY
RPAY
Q4 25
$75.4M
$23.2M
Q3 25
$38.0M
$32.1M
Q2 25
$50.8M
$33.0M
Q1 25
$24.8M
$2.4M
Q4 24
$52.0M
$34.0M
Q3 24
$57.8M
$59.8M
Q2 24
$-5.3M
$30.5M
Q1 24
$14.6M
$24.7M
FCF Margin
KRYS
KRYS
RPAY
RPAY
Q4 25
70.4%
29.6%
Q3 25
38.8%
41.3%
Q2 25
52.9%
43.6%
Q1 25
28.1%
3.0%
Q4 24
57.1%
43.5%
Q3 24
69.0%
75.6%
Q2 24
-7.5%
40.7%
Q1 24
32.3%
30.6%
Capex Intensity
KRYS
KRYS
RPAY
RPAY
Q4 25
2.0%
0.1%
Q3 25
1.7%
0.2%
Q2 25
2.0%
0.1%
Q1 25
7.0%
0.2%
Q4 24
0.9%
0.3%
Q3 24
1.2%
0.3%
Q2 24
1.6%
0.6%
Q1 24
2.8%
0.1%
Cash Conversion
KRYS
KRYS
RPAY
RPAY
Q4 25
1.51×
Q3 25
0.50×
Q2 25
1.38×
Q1 25
0.87×
Q4 24
1.16×
Q3 24
2.17×
18.52×
Q2 24
-0.27×
Q1 24
17.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KRYS
KRYS

Segment breakdown not available.

RPAY
RPAY

Sales Channel Directly To Consumer$69.4M88%
Other$6.8M9%
Sales Channel Through Intermediary$2.3M3%

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