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Side-by-side financial comparison of MACROGENICS INC (MGNX) 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 $41.2M, roughly 1.1× MACROGENICS INC). On growth, MACROGENICS INC posted the faster year-over-year revenue change (113.0% vs -15.6%). Over the past eight quarters, MACROGENICS INC's revenue compounded faster (112.8% CAGR vs 36.1%).

MacroGenics Inc is a clinical-stage biopharmaceutical firm specializing in the research and development of novel immunotherapies for cancer and autoimmune disorders. Its core product pipeline centers on monoclonal antibody-based treatments, with key programs targeting solid tumors and hematological malignancies, supported by partnerships with global pharmaceutical partners.

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.

MGNX vs STEM — Head-to-Head

Bigger by revenue
STEM
STEM
1.1× larger
STEM
$47.1M
$41.2M
MGNX
Growing faster (revenue YoY)
MGNX
MGNX
+128.6% gap
MGNX
113.0%
-15.6%
STEM
Faster 2-yr revenue CAGR
MGNX
MGNX
Annualised
MGNX
112.8%
36.1%
STEM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MGNX
MGNX
STEM
STEM
Revenue
$41.2M
$47.1M
Net Profit
$-16.0M
Gross Margin
48.9%
Operating Margin
-29.3%
-17.7%
Net Margin
-33.9%
Revenue YoY
113.0%
-15.6%
Net Profit YoY
68.8%
EPS (diluted)
$-0.23
$-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
MGNX
MGNX
STEM
STEM
Q4 25
$41.2M
$47.1M
Q3 25
$72.8M
$38.2M
Q2 25
$22.2M
$38.4M
Q1 25
$13.2M
$32.5M
Q4 24
$19.4M
$55.8M
Q3 24
$110.7M
$29.3M
Q2 24
$10.8M
$34.0M
Q1 24
$9.1M
$25.5M
Net Profit
MGNX
MGNX
STEM
STEM
Q4 25
$-16.0M
Q3 25
$16.8M
$-23.8M
Q2 25
$-36.3M
$202.5M
Q1 25
$-41.0M
$-25.0M
Q4 24
$-51.1M
Q3 24
$56.3M
$-148.3M
Q2 24
$-55.7M
$-582.3M
Q1 24
$-52.2M
$-72.3M
Gross Margin
MGNX
MGNX
STEM
STEM
Q4 25
48.9%
Q3 25
35.5%
Q2 25
33.4%
Q1 25
32.4%
Q4 24
98.8%
-4.4%
Q3 24
99.8%
21.2%
Q2 24
98.4%
27.6%
Q1 24
97.0%
-95.0%
Operating Margin
MGNX
MGNX
STEM
STEM
Q4 25
-29.3%
-17.7%
Q3 25
25.6%
-33.6%
Q2 25
-165.3%
-34.8%
Q1 25
-323.1%
-65.0%
Q4 24
-273.0%
-84.4%
Q3 24
48.9%
-493.2%
Q2 24
-538.9%
-1705.5%
Q1 24
-590.4%
-267.0%
Net Margin
MGNX
MGNX
STEM
STEM
Q4 25
-33.9%
Q3 25
23.1%
-62.2%
Q2 25
-163.0%
527.8%
Q1 25
-311.1%
-76.9%
Q4 24
-91.6%
Q3 24
50.9%
-506.3%
Q2 24
-515.6%
-1712.6%
Q1 24
-573.3%
-283.9%
EPS (diluted)
MGNX
MGNX
STEM
STEM
Q4 25
$-0.23
$-4.40
Q3 25
$0.27
$-2.84
Q2 25
$-0.57
$-1.79
Q1 25
$-0.65
$-0.15
Q4 24
$-0.24
$-15.29
Q3 24
$0.90
$-18.24
Q2 24
$-0.89
$-71.81
Q1 24
$-0.84
$-0.46

Balance Sheet & Financial Strength

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

Metric
MGNX
MGNX
STEM
STEM
Cash + ST InvestmentsLiquidity on hand
$57.2M
$48.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$55.6M
$-249.4M
Total Assets
$256.8M
$308.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGNX
MGNX
STEM
STEM
Q4 25
$57.2M
$48.9M
Q3 25
$80.1M
$43.1M
Q2 25
$130.7M
$40.8M
Q1 25
$145.6M
$58.6M
Q4 24
$182.8M
$56.3M
Q3 24
$179.6M
$75.4M
Q2 24
$83.9M
$89.6M
Q1 24
$80.4M
$112.8M
Stockholders' Equity
MGNX
MGNX
STEM
STEM
Q4 25
$55.6M
$-249.4M
Q3 25
$67.0M
$-235.7M
Q2 25
$46.6M
$-214.1M
Q1 25
$79.1M
$-417.5M
Q4 24
$116.1M
$-398.4M
Q3 24
$120.1M
$-344.1M
Q2 24
$57.8M
$-203.2M
Q1 24
$106.2M
$371.6M
Total Assets
MGNX
MGNX
STEM
STEM
Q4 25
$256.8M
$308.9M
Q3 25
$270.8M
$362.6M
Q2 25
$245.4M
$379.2M
Q1 25
$224.6M
$405.1M
Q4 24
$261.7M
$437.4M
Q3 24
$264.5M
$537.8M
Q2 24
$201.1M
$691.5M
Q1 24
$248.3M
$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
MGNX
MGNX
STEM
STEM
Operating Cash FlowLast quarter
$43.0M
$8.2M
Free Cash FlowOCF − Capex
$42.8M
FCF MarginFCF / Revenue
103.8%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-83.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGNX
MGNX
STEM
STEM
Q4 25
$43.0M
$8.2M
Q3 25
$-30.2M
$11.4M
Q2 25
$-47.0M
$-21.3M
Q1 25
$-46.9M
$8.5M
Q4 24
$-38.4M
$-14.7M
Q3 24
$60.2M
$-9.4M
Q2 24
$-44.5M
$-11.9M
Q1 24
$-45.6M
$-621.0K
Free Cash Flow
MGNX
MGNX
STEM
STEM
Q4 25
$42.8M
Q3 25
$-30.6M
Q2 25
$-47.7M
Q1 25
$-47.4M
Q4 24
$-39.0M
Q3 24
$59.6M
Q2 24
$-45.5M
Q1 24
$-47.1M
FCF Margin
MGNX
MGNX
STEM
STEM
Q4 25
103.8%
Q3 25
-42.0%
Q2 25
-214.5%
Q1 25
-359.5%
Q4 24
-201.7%
Q3 24
53.8%
Q2 24
-421.6%
Q1 24
-517.4%
Capex Intensity
MGNX
MGNX
STEM
STEM
Q4 25
0.6%
Q3 25
0.6%
Q2 25
3.2%
Q1 25
4.0%
Q4 24
3.2%
Q3 24
0.5%
Q2 24
9.6%
Q1 24
16.0%
Cash Conversion
MGNX
MGNX
STEM
STEM
Q4 25
Q3 25
-1.79×
Q2 25
-0.11×
Q1 25
Q4 24
Q3 24
1.07×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MGNX
MGNX

Revenue From Collaborative Agreements$20.3M49%
Contract Manufacturing$11.3M27%
Other$9.7M23%

STEM
STEM

Segment breakdown not available.

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