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Side-by-side financial comparison of Legend Biotech Corp (LEGN) and RAYONIER INC (RYN). Click either name above to swap in a different company.

RAYONIER INC is the larger business by last-quarter revenue ($276.8M vs $272.3M, roughly 1.0× Legend Biotech Corp). RAYONIER INC runs the higher net margin — -4.5% vs -14.6%, a 10.1% gap on every dollar of revenue. On growth, RAYONIER INC posted the faster year-over-year revenue change (233.9% vs 70.0%). Over the past eight quarters, Legend Biotech Corp's revenue compounded faster (92.7% CAGR vs 66.7%).

GenScript Biotech, fully known as GenScript Biotech Corporation, usually referred to as simply GenScript, is a China–based biotech company. It was co-founded in 2002 in New Jersey by Fangliang Zhang, Ye Wang, and Luquan Wang. The company mainly provides life science research application instruments and services. It was listed on the Hong Kong Stock Exchange in 2015. The current rotating CEO of the firm is Shao Weihui, who also served as the chief operating officer and Chinese Communist Party ...

Rayonier Inc., headquartered in Wildlight, Florida is a timberland real estate investment trust ("REIT") with assets located in softwood timber growing regions in the United States and New Zealand. Its core business segments are timber and real estate.

LEGN vs RYN — Head-to-Head

Bigger by revenue
RYN
RYN
1.0× larger
RYN
$276.8M
$272.3M
LEGN
Growing faster (revenue YoY)
RYN
RYN
+163.9% gap
RYN
233.9%
70.0%
LEGN
Higher net margin
RYN
RYN
10.1% more per $
RYN
-4.5%
-14.6%
LEGN
Faster 2-yr revenue CAGR
LEGN
LEGN
Annualised
LEGN
92.7%
66.7%
RYN

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
LEGN
LEGN
RYN
RYN
Revenue
$272.3M
$276.8M
Net Profit
$-39.7M
$-12.4M
Gross Margin
58.4%
100.0%
Operating Margin
-16.0%
Net Margin
-14.6%
-4.5%
Revenue YoY
70.0%
233.9%
Net Profit YoY
68.3%
-264.7%
EPS (diluted)
$-0.11

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
LEGN
LEGN
RYN
RYN
Q1 26
$276.8M
Q4 25
$117.5M
Q3 25
$272.3M
$177.5M
Q2 25
$255.1M
$106.5M
Q1 25
$195.1M
$82.9M
Q4 24
$650.5M
Q3 24
$160.2M
$124.1M
Q2 24
$186.5M
$99.6M
Net Profit
LEGN
LEGN
RYN
RYN
Q1 26
$-12.4M
Q4 25
$25.9M
Q3 25
$-39.7M
$43.2M
Q2 25
$-125.4M
$408.7M
Q1 25
$-100.9M
$-3.4M
Q4 24
$327.1M
Q3 24
$-125.3M
$28.8M
Q2 24
$-18.2M
$1.9M
Gross Margin
LEGN
LEGN
RYN
RYN
Q1 26
100.0%
Q4 25
41.9%
Q3 25
58.4%
32.9%
Q2 25
62.8%
29.7%
Q1 25
64.4%
21.7%
Q4 24
53.8%
Q3 24
67.2%
30.4%
Q2 24
75.7%
25.4%
Operating Margin
LEGN
LEGN
RYN
RYN
Q1 26
Q4 25
23.0%
Q3 25
-16.0%
23.5%
Q2 25
13.7%
Q1 25
0.1%
Q4 24
47.7%
Q3 24
-43.9%
15.2%
Q2 24
4.6%
Net Margin
LEGN
LEGN
RYN
RYN
Q1 26
-4.5%
Q4 25
22.1%
Q3 25
-14.6%
24.3%
Q2 25
-49.2%
383.6%
Q1 25
-51.7%
-4.1%
Q4 24
45.1%
Q3 24
-78.2%
23.2%
Q2 24
-9.8%
1.9%
EPS (diluted)
LEGN
LEGN
RYN
RYN
Q1 26
Q4 25
$0.14
Q3 25
$-0.11
$0.28
Q2 25
$-0.34
$2.63
Q1 25
$-0.27
$-0.02
Q4 24
$2.18
Q3 24
$-0.34
$0.19
Q2 24
$-0.05
$0.01

Balance Sheet & Financial Strength

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

Metric
LEGN
LEGN
RYN
RYN
Cash + ST InvestmentsLiquidity on hand
$278.9M
$681.7M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$1.0B
$5.3B
Total Assets
$1.7B
$7.7B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEGN
LEGN
RYN
RYN
Q1 26
$681.7M
Q4 25
$842.9M
Q3 25
$278.9M
$919.6M
Q2 25
$266.6M
$892.3M
Q1 25
$441.7M
$216.2M
Q4 24
$303.1M
Q3 24
$459.3M
$51.9M
Q2 24
$201.3M
$120.2M
Total Debt
LEGN
LEGN
RYN
RYN
Q1 26
$2.1B
Q4 25
$845.3M
Q3 25
$845.1M
Q2 25
$844.9M
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.3B
Q2 24
$1.4B
Stockholders' Equity
LEGN
LEGN
RYN
RYN
Q1 26
$5.3B
Q4 25
$2.2B
Q3 25
$1.0B
$2.3B
Q2 25
$1.0B
$2.3B
Q1 25
$1.0B
$1.9B
Q4 24
$1.8B
Q3 24
$1.1B
$1.8B
Q2 24
$1.2B
$1.8B
Total Assets
LEGN
LEGN
RYN
RYN
Q1 26
$7.7B
Q4 25
$3.4B
Q3 25
$1.7B
$3.5B
Q2 25
$1.7B
$3.5B
Q1 25
$1.6B
$3.4B
Q4 24
$3.5B
Q3 24
$1.7B
$3.5B
Q2 24
$1.8B
$3.5B
Debt / Equity
LEGN
LEGN
RYN
RYN
Q1 26
0.39×
Q4 25
0.38×
Q3 25
0.37×
Q2 25
0.37×
Q1 25
0.55×
Q4 24
0.59×
Q3 24
0.72×
Q2 24
0.75×

Cash Flow & Capital Efficiency

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

Metric
LEGN
LEGN
RYN
RYN
Operating Cash FlowLast quarter
$28.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
7.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEGN
LEGN
RYN
RYN
Q1 26
Q4 25
$256.7M
Q3 25
$28.8M
$116.2M
Q2 25
$-13.0M
$61.0M
Q1 25
$-103.8M
$27.7M
Q4 24
$261.6M
Q3 24
$-75.8M
$66.2M
Q2 24
$-1.7M
$55.3M
Free Cash Flow
LEGN
LEGN
RYN
RYN
Q1 26
Q4 25
Q3 25
$99.9M
Q2 25
Q1 25
Q4 24
Q3 24
$42.2M
Q2 24
FCF Margin
LEGN
LEGN
RYN
RYN
Q1 26
Q4 25
Q3 25
56.3%
Q2 25
Q1 25
Q4 24
Q3 24
34.0%
Q2 24
Capex Intensity
LEGN
LEGN
RYN
RYN
Q1 26
7.4%
Q4 25
Q3 25
9.2%
Q2 25
Q1 25
Q4 24
Q3 24
19.3%
Q2 24
Cash Conversion
LEGN
LEGN
RYN
RYN
Q1 26
Q4 25
9.91×
Q3 25
2.69×
Q2 25
0.15×
Q1 25
Q4 24
0.80×
Q3 24
2.30×
Q2 24
29.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LEGN
LEGN

Goods Or Services Transferred At Point In Time$261.8M96%
Goods Or Services Transferred Over Time$10.5M4%

RYN
RYN

Wood Products$108.5M39%
Southern Timber$88.7M32%
Real Estate$59.8M22%
Northwest Timber$32.1M12%

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