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Side-by-side financial comparison of Mirum Pharmaceuticals, Inc. (MIRM) and T1 Energy Inc. (TE). Click either name above to swap in a different company.

T1 Energy Inc. is the larger business by last-quarter revenue ($210.5M vs $148.9M, roughly 1.4× Mirum Pharmaceuticals, Inc.). Mirum Pharmaceuticals, Inc. runs the higher net margin — -3.8% vs -62.0%, a 58.2% gap on every dollar of revenue. T1 Energy Inc. produced more free cash flow last quarter ($55.0M vs $5.5M).

Mirum Pharmaceuticals, Inc. is a late-stage biopharmaceutical company focused on developing and commercializing innovative therapies for patients with rare, debilitating liver diseases that have high unmet medical needs, serving both pediatric and adult patient groups across North America, Europe and other global regions.

Sony Energy Devices Corporation , is a Japanese multinational company specializing in a variety of areas in the energy industry, and is a wholly owned subsidiary and part of the Devices Group of Sony. The company was established in February 1975 in Fukushima, Japan.

MIRM vs TE — Head-to-Head

Bigger by revenue
TE
TE
1.4× larger
TE
$210.5M
$148.9M
MIRM
Higher net margin
MIRM
MIRM
58.2% more per $
MIRM
-3.8%
-62.0%
TE
More free cash flow
TE
TE
$49.5M more FCF
TE
$55.0M
$5.5M
MIRM

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
MIRM
MIRM
TE
TE
Revenue
$148.9M
$210.5M
Net Profit
$-5.7M
$-130.6M
Gross Margin
10.0%
Operating Margin
-3.1%
-45.0%
Net Margin
-3.8%
-62.0%
Revenue YoY
49.8%
Net Profit YoY
75.9%
-375.2%
EPS (diluted)
$-0.10
$-0.87

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
MIRM
MIRM
TE
TE
Q4 25
$148.9M
Q3 25
$133.0M
$210.5M
Q2 25
$127.8M
$132.8M
Q1 25
$111.6M
$53.5M
Q4 24
$99.4M
Q3 24
$90.4M
$0
Q2 24
$77.9M
$0
Q1 24
$69.2M
$0
Net Profit
MIRM
MIRM
TE
TE
Q4 25
$-5.7M
Q3 25
$2.9M
$-130.6M
Q2 25
$-5.9M
$-31.9M
Q1 25
$-14.7M
$-16.2M
Q4 24
$-23.8M
Q3 24
$-14.2M
$-27.5M
Q2 24
$-24.6M
$-27.0M
Q1 24
$-25.3M
$-28.5M
Gross Margin
MIRM
MIRM
TE
TE
Q4 25
Q3 25
10.0%
Q2 25
24.7%
Q1 25
33.3%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
MIRM
MIRM
TE
TE
Q4 25
-3.1%
Q3 25
2.0%
-45.0%
Q2 25
-3.9%
-22.0%
Q1 25
-13.6%
-44.2%
Q4 24
-24.4%
Q3 24
-14.0%
Q2 24
-31.1%
Q1 24
-38.2%
Net Margin
MIRM
MIRM
TE
TE
Q4 25
-3.8%
Q3 25
2.2%
-62.0%
Q2 25
-4.6%
-24.0%
Q1 25
-13.2%
-30.4%
Q4 24
-23.9%
Q3 24
-15.8%
Q2 24
-31.6%
Q1 24
-36.5%
EPS (diluted)
MIRM
MIRM
TE
TE
Q4 25
$-0.10
Q3 25
$0.05
$-0.87
Q2 25
$-0.12
$-0.21
Q1 25
$-0.30
$-0.11
Q4 24
$-0.49
Q3 24
$-0.30
$-0.20
Q2 24
$-0.52
$-0.19
Q1 24
$-0.54
$-0.20

Balance Sheet & Financial Strength

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

Metric
MIRM
MIRM
TE
TE
Cash + ST InvestmentsLiquidity on hand
$383.3M
$34.1M
Total DebtLower is stronger
$547.3M
Stockholders' EquityBook value
$314.7M
$96.9M
Total Assets
$842.8M
$1.4B
Debt / EquityLower = less leverage
5.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MIRM
MIRM
TE
TE
Q4 25
$383.3M
Q3 25
$375.5M
$34.1M
Q2 25
$304.6M
$8.5M
Q1 25
$277.7M
$48.9M
Q4 24
$280.3M
Q3 24
$284.4M
$181.9M
Q2 24
$278.4M
$219.6M
Q1 24
$302.8M
$249.9M
Total Debt
MIRM
MIRM
TE
TE
Q4 25
Q3 25
$547.3M
Q2 25
$591.2M
Q1 25
$603.2M
Q4 24
Q3 24
Q2 24
Q1 24
$602.3M
Stockholders' Equity
MIRM
MIRM
TE
TE
Q4 25
$314.7M
Q3 25
$292.0M
$96.9M
Q2 25
$255.2M
$183.9M
Q1 25
$233.3M
$201.9M
Q4 24
$225.6M
Q3 24
$232.0M
$538.7M
Q2 24
$229.0M
$561.6M
Q1 24
$234.6M
$582.3M
Total Assets
MIRM
MIRM
TE
TE
Q4 25
$842.8M
Q3 25
$785.1M
$1.4B
Q2 25
$725.8M
$1.4B
Q1 25
$690.2M
$1.4B
Q4 24
$670.8M
Q3 24
$667.9M
$615.0M
Q2 24
$660.8M
$644.4M
Q1 24
$652.0M
$670.3M
Debt / Equity
MIRM
MIRM
TE
TE
Q4 25
Q3 25
5.65×
Q2 25
3.21×
Q1 25
2.99×
Q4 24
Q3 24
Q2 24
Q1 24
1.03×

Cash Flow & Capital Efficiency

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

Metric
MIRM
MIRM
TE
TE
Operating Cash FlowLast quarter
$6.1M
$63.9M
Free Cash FlowOCF − Capex
$5.5M
$55.0M
FCF MarginFCF / Revenue
3.7%
26.1%
Capex IntensityCapex / Revenue
0.4%
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$54.9M
$-42.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MIRM
MIRM
TE
TE
Q4 25
$6.1M
Q3 25
$39.7M
$63.9M
Q2 25
$12.0M
$33.4M
Q1 25
$-2.0M
$-44.8M
Q4 24
$-5.1M
Q3 24
$4.0M
$-28.4M
Q2 24
$-3.8M
$-28.0M
Q1 24
$15.2M
$-16.2M
Free Cash Flow
MIRM
MIRM
TE
TE
Q4 25
$5.5M
Q3 25
$39.5M
$55.0M
Q2 25
$11.9M
$10.6M
Q1 25
$-2.0M
$-74.0M
Q4 24
$-5.1M
Q3 24
$3.8M
$-34.0M
Q2 24
$-4.6M
$-35.6M
Q1 24
$15.2M
$-37.7M
FCF Margin
MIRM
MIRM
TE
TE
Q4 25
3.7%
Q3 25
29.7%
26.1%
Q2 25
9.3%
8.0%
Q1 25
-1.8%
-138.4%
Q4 24
-5.1%
Q3 24
4.2%
Q2 24
-5.9%
Q1 24
22.0%
Capex Intensity
MIRM
MIRM
TE
TE
Q4 25
0.4%
Q3 25
0.1%
4.2%
Q2 25
0.1%
17.2%
Q1 25
0.0%
54.5%
Q4 24
0.0%
Q3 24
0.2%
Q2 24
1.0%
Q1 24
0.0%
Cash Conversion
MIRM
MIRM
TE
TE
Q4 25
Q3 25
13.66×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MIRM
MIRM

Livmarli$106.4M71%
Bile Acid Medicines$42.5M29%

TE
TE

Related Party$120.1M57%
Nonrelated Party$90.4M43%

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