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Side-by-side financial comparison of MADRIGAL PHARMACEUTICALS, INC. (MDGL) and SailPoint, Inc. (SAIL). Click either name above to swap in a different company.

MADRIGAL PHARMACEUTICALS, INC. is the larger business by last-quarter revenue ($321.1M vs $281.9M, roughly 1.1× SailPoint, Inc.). SailPoint, Inc. runs the higher net margin — -12.8% vs -18.2%, a 5.5% gap on every dollar of revenue. On growth, MADRIGAL PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (210.8% vs 6.7%). SailPoint, Inc. produced more free cash flow last quarter ($52.5M vs $-133.8M).

Intercept Pharmaceuticals, Inc. is an American biopharmaceutical company incorporated in 2002, focusing on the development of novel synthetic bile acid analogs to treat chronic liver diseases, such as primary biliary cirrhosis (PBC) now called primary biliary cholangitis, non-alcoholic fatty liver disease, cirrhosis, portal hypertension, primary sclerosing cholangitis and also the intestinal disorder, bile acid diarrhea.

Steel Authority of India Limited (SAIL) is an Indian public sector steel manufacturing corporation based in New Delhi designated as Maharatna CPSE. It is the largest government-owned steel producer, with an annual production of 18.29 million metric tons. Incorporated on 24 January 1973, SAIL has 51,351 employees and is under the administrative control of the Ministry of Steel.

MDGL vs SAIL — Head-to-Head

Bigger by revenue
MDGL
MDGL
1.1× larger
MDGL
$321.1M
$281.9M
SAIL
Growing faster (revenue YoY)
MDGL
MDGL
+204.1% gap
MDGL
210.8%
6.7%
SAIL
Higher net margin
SAIL
SAIL
5.5% more per $
SAIL
-12.8%
-18.2%
MDGL
More free cash flow
SAIL
SAIL
$186.4M more FCF
SAIL
$52.5M
$-133.8M
MDGL

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MDGL
MDGL
SAIL
SAIL
Revenue
$321.1M
$281.9M
Net Profit
$-58.6M
$-36.0M
Gross Margin
66.3%
Operating Margin
-18.6%
-14.8%
Net Margin
-18.2%
-12.8%
Revenue YoY
210.8%
6.7%
Net Profit YoY
1.4%
-240.9%
EPS (diluted)
$-2.55
$-0.06

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
MDGL
MDGL
SAIL
SAIL
Q4 25
$321.1M
$281.9M
Q3 25
$287.3M
$264.4M
Q2 25
$212.8M
$230.5M
Q1 25
$137.3M
$240.1M
Q4 24
$103.3M
Q3 24
$62.2M
$198.6M
Q2 24
$187.7M
Q1 24
$0
Net Profit
MDGL
MDGL
SAIL
SAIL
Q4 25
$-58.6M
$-36.0M
Q3 25
$-114.2M
$-10.6M
Q2 25
$-42.3M
$-187.3M
Q1 25
$-73.2M
$-80.1M
Q4 24
$-59.4M
Q3 24
$-107.0M
$-87.1M
Q2 24
$-89.2M
Q1 24
$-147.5M
Gross Margin
MDGL
MDGL
SAIL
SAIL
Q4 25
66.3%
Q3 25
67.3%
Q2 25
55.4%
Q1 25
96.7%
66.5%
Q4 24
Q3 24
62.1%
Q2 24
61.5%
Q1 24
Operating Margin
MDGL
MDGL
SAIL
SAIL
Q4 25
-18.6%
-14.8%
Q3 25
-39.7%
-15.4%
Q2 25
-22.2%
-80.3%
Q1 25
-57.8%
-12.6%
Q4 24
-64.8%
Q3 24
-187.1%
-33.2%
Q2 24
-36.3%
Q1 24
Net Margin
MDGL
MDGL
SAIL
SAIL
Q4 25
-18.2%
-12.8%
Q3 25
-39.8%
-4.0%
Q2 25
-19.9%
-81.3%
Q1 25
-53.4%
-33.4%
Q4 24
-57.5%
Q3 24
-172.0%
-43.9%
Q2 24
-47.5%
Q1 24
EPS (diluted)
MDGL
MDGL
SAIL
SAIL
Q4 25
$-2.55
$-0.06
Q3 25
$-5.08
$-0.02
Q2 25
$-1.90
$-0.42
Q1 25
$-3.32
$-6.50
Q4 24
$-2.50
Q3 24
$-4.92
$-2.97
Q2 24
$-0.77
Q1 24
$-7.38

Balance Sheet & Financial Strength

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

Metric
MDGL
MDGL
SAIL
SAIL
Cash + ST InvestmentsLiquidity on hand
$198.7M
$298.1M
Total DebtLower is stronger
$339.9M
$0
Stockholders' EquityBook value
$602.7M
$6.8B
Total Assets
$1.3B
$7.5B
Debt / EquityLower = less leverage
0.56×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MDGL
MDGL
SAIL
SAIL
Q4 25
$198.7M
$298.1M
Q3 25
$295.7M
$271.1M
Q2 25
$186.2M
$228.1M
Q1 25
$183.6M
$121.3M
Q4 24
$100.0M
Q3 24
$232.7M
$89.7M
Q2 24
$146.8M
Q1 24
$622.5M
Total Debt
MDGL
MDGL
SAIL
SAIL
Q4 25
$339.9M
$0
Q3 25
$339.8M
$0
Q2 25
$118.4M
$0
Q1 25
$118.0M
$1.0B
Q4 24
$117.6M
Q3 24
$117.1M
Q2 24
Q1 24
$116.1M
Stockholders' Equity
MDGL
MDGL
SAIL
SAIL
Q4 25
$602.7M
$6.8B
Q3 25
$625.7M
$6.8B
Q2 25
$696.0M
$6.8B
Q1 25
$710.6M
$-5.6B
Q4 24
$754.4M
Q3 24
$777.2M
$-701.3M
Q2 24
$-622.5M
Q1 24
$850.8M
Total Assets
MDGL
MDGL
SAIL
SAIL
Q4 25
$1.3B
$7.5B
Q3 25
$1.4B
$7.4B
Q2 25
$1.0B
$7.4B
Q1 25
$996.6M
$7.4B
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
Q1 24
$1.1B
Debt / Equity
MDGL
MDGL
SAIL
SAIL
Q4 25
0.56×
0.00×
Q3 25
0.54×
0.00×
Q2 25
0.17×
0.00×
Q1 25
0.17×
Q4 24
0.16×
Q3 24
0.15×
Q2 24
Q1 24
0.14×

Cash Flow & Capital Efficiency

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

Metric
MDGL
MDGL
SAIL
SAIL
Operating Cash FlowLast quarter
$-133.5M
$53.6M
Free Cash FlowOCF − Capex
$-133.8M
$52.5M
FCF MarginFCF / Revenue
-41.7%
18.6%
Capex IntensityCapex / Revenue
0.1%
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MDGL
MDGL
SAIL
SAIL
Q4 25
$-133.5M
$53.6M
Q3 25
$79.8M
$49.9M
Q2 25
$-47.1M
$-96.8M
Q1 25
$-88.9M
Q4 24
$-104.5M
Q3 24
$-67.0M
Q2 24
$-55.4M
Q1 24
$-149.2M
Free Cash Flow
MDGL
MDGL
SAIL
SAIL
Q4 25
$-133.8M
$52.5M
Q3 25
$79.0M
$49.0M
Q2 25
$-99.0M
Q1 25
Q4 24
$-104.7M
Q3 24
$-67.8M
Q2 24
$-56.0M
Q1 24
$-149.5M
FCF Margin
MDGL
MDGL
SAIL
SAIL
Q4 25
-41.7%
18.6%
Q3 25
27.5%
18.5%
Q2 25
-43.0%
Q1 25
Q4 24
-101.3%
Q3 24
-109.0%
Q2 24
-29.8%
Q1 24
Capex Intensity
MDGL
MDGL
SAIL
SAIL
Q4 25
0.1%
0.4%
Q3 25
0.3%
0.4%
Q2 25
0.0%
1.0%
Q1 25
0.0%
Q4 24
0.2%
Q3 24
1.3%
Q2 24
0.3%
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MDGL
MDGL

Rebates Customer Fees Credits Co Pay Assistance And Other$208.5M65%
Other$76.0M24%
Chargebacks Discounts For Prompt Pay And Other Allowances$36.6M11%

SAIL
SAIL

Software As A Service Saa S$156.0M55%
Term Subscriptions Services$65.1M23%
Maintenance$38.0M13%
Other$15.7M6%
Other Subscription Services$7.1M3%

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