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Side-by-side financial comparison of Lifeway Foods, Inc. (LWAY) and RIGEL PHARMACEUTICALS INC (RIGL). Click either name above to swap in a different company.

RIGEL PHARMACEUTICALS INC is the larger business by last-quarter revenue ($69.8M vs $55.4M, roughly 1.3× Lifeway Foods, Inc.). RIGEL PHARMACEUTICALS INC runs the higher net margin — 384.0% vs 4.6%, a 379.4% gap on every dollar of revenue. On growth, RIGEL PHARMACEUTICALS INC posted the faster year-over-year revenue change (21.2% vs 18.0%). Over the past eight quarters, RIGEL PHARMACEUTICALS INC's revenue compounded faster (53.7% CAGR vs 11.4%).

Lifeway Foods is an Illinois-based health food company founded in 1986. They are a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.

Rigel Pharmaceuticals Inc is a clinical-stage biotechnology company focused on developing and commercializing targeted small molecule therapies for autoimmune, inflammatory, and hematologic diseases. Its approved flagship product treats adult immune thrombocytopenia, with primary operations and core markets in the United States, addressing unmet medical needs for underserved patient groups.

LWAY vs RIGL — Head-to-Head

Bigger by revenue
RIGL
RIGL
1.3× larger
RIGL
$69.8M
$55.4M
LWAY
Growing faster (revenue YoY)
RIGL
RIGL
+3.2% gap
RIGL
21.2%
18.0%
LWAY
Higher net margin
RIGL
RIGL
379.4% more per $
RIGL
384.0%
4.6%
LWAY
Faster 2-yr revenue CAGR
RIGL
RIGL
Annualised
RIGL
53.7%
11.4%
LWAY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LWAY
LWAY
RIGL
RIGL
Revenue
$55.4M
$69.8M
Net Profit
$2.5M
$268.1M
Gross Margin
27.8%
91.5%
Operating Margin
6.8%
33.2%
Net Margin
4.6%
384.0%
Revenue YoY
18.0%
21.2%
Net Profit YoY
1688.1%
1769.2%
EPS (diluted)
$0.15
$14.11

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
LWAY
LWAY
RIGL
RIGL
Q4 25
$55.4M
$69.8M
Q3 25
$57.1M
$69.5M
Q2 25
$53.9M
$101.7M
Q1 25
$46.1M
$53.3M
Q4 24
$46.9M
$57.6M
Q3 24
$46.1M
$55.3M
Q2 24
$49.2M
$36.8M
Q1 24
$44.6M
$29.5M
Net Profit
LWAY
LWAY
RIGL
RIGL
Q4 25
$2.5M
$268.1M
Q3 25
$3.5M
$27.9M
Q2 25
$4.2M
$59.6M
Q1 25
$3.5M
$11.4M
Q4 24
$-160.0K
$14.3M
Q3 24
$3.0M
$12.4M
Q2 24
$3.8M
$-1.0M
Q1 24
$2.4M
$-8.2M
Gross Margin
LWAY
LWAY
RIGL
RIGL
Q4 25
27.8%
91.5%
Q3 25
28.7%
93.2%
Q2 25
28.6%
95.6%
Q1 25
23.9%
91.7%
Q4 24
25.3%
89.9%
Q3 24
25.7%
85.5%
Q2 24
27.0%
92.4%
Q1 24
25.8%
93.1%
Operating Margin
LWAY
LWAY
RIGL
RIGL
Q4 25
6.8%
33.2%
Q3 25
8.8%
40.9%
Q2 25
10.8%
60.1%
Q1 25
3.4%
23.9%
Q4 24
1.5%
28.9%
Q3 24
9.1%
25.4%
Q2 24
11.0%
1.2%
Q1 24
8.0%
-23.6%
Net Margin
LWAY
LWAY
RIGL
RIGL
Q4 25
4.6%
384.0%
Q3 25
6.2%
40.2%
Q2 25
7.9%
58.6%
Q1 25
7.7%
21.5%
Q4 24
-0.3%
24.9%
Q3 24
6.5%
22.5%
Q2 24
7.7%
-2.8%
Q1 24
5.4%
-27.9%
EPS (diluted)
LWAY
LWAY
RIGL
RIGL
Q4 25
$0.15
$14.11
Q3 25
$0.23
$1.46
Q2 25
$0.28
$3.28
Q1 25
$0.23
$0.63
Q4 24
$0.00
$0.82
Q3 24
$0.19
$0.70
Q2 24
$0.25
$-0.06
Q1 24
$0.16
$-0.47

Balance Sheet & Financial Strength

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

Metric
LWAY
LWAY
RIGL
RIGL
Cash + ST InvestmentsLiquidity on hand
$5.6M
$155.0M
Total DebtLower is stronger
$52.5M
Stockholders' EquityBook value
$85.8M
$391.5M
Total Assets
$105.6M
$513.6M
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LWAY
LWAY
RIGL
RIGL
Q4 25
$5.6M
$155.0M
Q3 25
$23.0M
$137.1M
Q2 25
$21.2M
$108.4M
Q1 25
$19.4M
$77.1M
Q4 24
$16.7M
$77.3M
Q3 24
$20.6M
$61.1M
Q2 24
$14.6M
$49.1M
Q1 24
$12.0M
$49.5M
Total Debt
LWAY
LWAY
RIGL
RIGL
Q4 25
$52.5M
Q3 25
$60.0M
Q2 25
$60.0M
Q1 25
$60.0M
Q4 24
$60.0M
Q3 24
$60.0M
Q2 24
$60.0M
Q1 24
$2.5M
$60.0M
Stockholders' Equity
LWAY
LWAY
RIGL
RIGL
Q4 25
$85.8M
$391.5M
Q3 25
$82.8M
$117.6M
Q2 25
$78.7M
$81.9M
Q1 25
$74.2M
$18.6M
Q4 24
$71.9M
$3.3M
Q3 24
$71.5M
$-14.6M
Q2 24
$68.0M
$-29.9M
Q1 24
$63.5M
$-31.7M
Total Assets
LWAY
LWAY
RIGL
RIGL
Q4 25
$105.6M
$513.6M
Q3 25
$109.5M
$242.5M
Q2 25
$98.3M
$206.7M
Q1 25
$93.7M
$176.0M
Q4 24
$90.5M
$164.0M
Q3 24
$91.3M
$139.4M
Q2 24
$84.9M
$128.4M
Q1 24
$82.8M
$126.5M
Debt / Equity
LWAY
LWAY
RIGL
RIGL
Q4 25
0.13×
Q3 25
0.51×
Q2 25
0.73×
Q1 25
3.23×
Q4 24
18.25×
Q3 24
Q2 24
Q1 24
0.04×

Cash Flow & Capital Efficiency

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

Metric
LWAY
LWAY
RIGL
RIGL
Operating Cash FlowLast quarter
$267.0K
$22.0M
Free Cash FlowOCF − Capex
$-17.4M
FCF MarginFCF / Revenue
-31.5%
Capex IntensityCapex / Revenue
31.9%
Cash ConversionOCF / Net Profit
0.11×
0.08×
TTM Free Cash FlowTrailing 4 quarters
$-16.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LWAY
LWAY
RIGL
RIGL
Q4 25
$267.0K
$22.0M
Q3 25
$6.9M
$24.0M
Q2 25
$3.9M
$30.5M
Q1 25
$-150.0K
$-893.0K
Q4 24
$-2.6M
$14.5M
Q3 24
$7.5M
$21.7M
Q2 24
$6.5M
$302.0K
Q1 24
$1.5M
$-5.0M
Free Cash Flow
LWAY
LWAY
RIGL
RIGL
Q4 25
$-17.4M
Q3 25
$1.8M
Q2 25
$1.6M
Q1 25
$-2.4M
Q4 24
$-3.8M
Q3 24
$5.9M
Q2 24
$5.1M
Q1 24
$-923.0K
FCF Margin
LWAY
LWAY
RIGL
RIGL
Q4 25
-31.5%
Q3 25
3.1%
Q2 25
3.0%
Q1 25
-5.1%
Q4 24
-8.2%
Q3 24
12.8%
Q2 24
10.4%
Q1 24
-2.1%
Capex Intensity
LWAY
LWAY
RIGL
RIGL
Q4 25
31.9%
Q3 25
9.0%
Q2 25
4.3%
Q1 25
4.8%
Q4 24
2.7%
Q3 24
3.3%
Q2 24
2.9%
Q1 24
5.5%
Cash Conversion
LWAY
LWAY
RIGL
RIGL
Q4 25
0.11×
0.08×
Q3 25
1.96×
0.86×
Q2 25
0.92×
0.51×
Q1 25
-0.04×
-0.08×
Q4 24
1.01×
Q3 24
2.50×
1.75×
Q2 24
1.73×
Q1 24
0.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LWAY
LWAY

Drinkable Kefirotherthan Pro Bugs$47.8M86%
Cheese$4.7M8%
Cream And Other$1.7M3%
Other$1.2M2%

RIGL
RIGL

Segment breakdown not available.

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