vs

Side-by-side financial comparison of TPG Mortgage Investment Trust, Inc. (MITT) and Xilio Therapeutics, Inc. (XLO). Click either name above to swap in a different company.

TPG Mortgage Investment Trust, Inc. is the larger business by last-quarter revenue ($20.4M vs $13.7M, roughly 1.5× Xilio Therapeutics, Inc.). Xilio Therapeutics, Inc. runs the higher net margin — 75.7% vs 65.0%, a 10.7% gap on every dollar of revenue.

TPG Mortgage Investment Trust, Inc. is a real estate investment trust managed by global alternative asset firm TPG. It primarily invests in residential and commercial mortgage-backed securities, performing and non-performing mortgage loans, and other credit-linked real estate assets, with its core market being the United States. It generates returns via net interest income from holdings and strategic asset disposition gains.

Xilio Therapeutics is a clinical-stage biotechnology company dedicated to developing novel tumor-selective immunotherapies for cancer treatment. Its product pipeline features candidates engineered to trigger anti-tumor immune responses specifically inside tumor microenvironments, reducing systemic toxicities, and it primarily targets oncology patient populations in North America and other global markets.

MITT vs XLO — Head-to-Head

Bigger by revenue
MITT
MITT
1.5× larger
MITT
$20.4M
$13.7M
XLO
Higher net margin
XLO
XLO
10.7% more per $
XLO
75.7%
65.0%
MITT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MITT
MITT
XLO
XLO
Revenue
$20.4M
$13.7M
Net Profit
$13.3M
$10.4M
Gross Margin
Operating Margin
67.1%
-86.5%
Net Margin
65.0%
75.7%
Revenue YoY
17.7%
Net Profit YoY
-7.0%
179.1%
EPS (diluted)
$0.27
$-3.74

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
MITT
MITT
XLO
XLO
Q4 25
$20.4M
$13.7M
Q3 25
$19.5M
$19.1M
Q2 25
$17.8M
$8.1M
Q1 25
$18.8M
$2.9M
Q4 24
$17.4M
Q3 24
$14.9M
Q2 24
$16.4M
Q1 24
$17.2M
Net Profit
MITT
MITT
XLO
XLO
Q4 25
$13.3M
$10.4M
Q3 25
$20.0M
$-16.3M
Q2 25
$3.9M
$-15.8M
Q1 25
$11.5M
$-13.3M
Q4 24
$14.3M
Q3 24
$16.6M
Q2 24
$3.9M
Q1 24
$20.9M
Operating Margin
MITT
MITT
XLO
XLO
Q4 25
67.1%
-86.5%
Q3 25
-10.1%
Q2 25
20.9%
-177.7%
Q1 25
54.6%
-472.7%
Q4 24
76.7%
Q3 24
Q2 24
18.4%
Q1 24
Net Margin
MITT
MITT
XLO
XLO
Q4 25
65.0%
75.7%
Q3 25
102.5%
-85.4%
Q2 25
22.2%
-196.0%
Q1 25
60.9%
-452.7%
Q4 24
82.2%
Q3 24
111.3%
Q2 24
24.0%
Q1 24
121.6%
EPS (diluted)
MITT
MITT
XLO
XLO
Q4 25
$0.27
$-3.74
Q3 25
$0.47
$-0.11
Q2 25
$-0.05
$-0.16
Q1 25
$0.21
$-0.18
Q4 24
$0.30
Q3 24
$0.40
Q2 24
$-0.02
Q1 24
$0.55

Balance Sheet & Financial Strength

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

Metric
MITT
MITT
XLO
XLO
Cash + ST InvestmentsLiquidity on hand
$57.8M
$137.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$560.7M
$35.3M
Total Assets
$8.7B
$154.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MITT
MITT
XLO
XLO
Q4 25
$57.8M
$137.5M
Q3 25
$59.0M
$103.8M
Q2 25
$88.7M
$121.6M
Q1 25
$115.5M
$89.1M
Q4 24
$118.7M
Q3 24
$102.5M
Q2 24
$120.9M
Q1 24
$100.3M
Stockholders' Equity
MITT
MITT
XLO
XLO
Q4 25
$560.7M
$35.3M
Q3 25
$559.8M
$-8.1M
Q2 25
$536.4M
$7.1M
Q1 25
$543.9M
$10.7M
Q4 24
$543.4M
Q3 24
$540.1M
Q2 24
$533.5M
Q1 24
$539.6M
Total Assets
MITT
MITT
XLO
XLO
Q4 25
$8.7B
$154.7M
Q3 25
$9.0B
$133.7M
Q2 25
$7.5B
$133.8M
Q1 25
$7.3B
$103.7M
Q4 24
$6.9B
Q3 24
$7.0B
Q2 24
$7.1B
Q1 24
$6.4B

Cash Flow & Capital Efficiency

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

Metric
MITT
MITT
XLO
XLO
Operating Cash FlowLast quarter
$59.6M
$-2.0M
Free Cash FlowOCF − Capex
$-2.1M
FCF MarginFCF / Revenue
-15.3%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
4.48×
-0.19×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MITT
MITT
XLO
XLO
Q4 25
$59.6M
$-2.0M
Q3 25
$17.4M
$-17.5M
Q2 25
$11.5M
$-14.5M
Q1 25
$12.0M
$29.0M
Q4 24
$55.8M
Q3 24
$14.5M
Q2 24
$13.7M
Q1 24
$12.0M
Free Cash Flow
MITT
MITT
XLO
XLO
Q4 25
$-2.1M
Q3 25
Q2 25
$-14.9M
Q1 25
$29.0M
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
MITT
MITT
XLO
XLO
Q4 25
-15.3%
Q3 25
Q2 25
-184.0%
Q1 25
988.3%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
MITT
MITT
XLO
XLO
Q4 25
0.7%
Q3 25
0.0%
Q2 25
5.0%
Q1 25
0.8%
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
MITT
MITT
XLO
XLO
Q4 25
4.48×
-0.19×
Q3 25
0.87×
Q2 25
2.92×
Q1 25
1.05×
Q4 24
3.91×
Q3 24
0.87×
Q2 24
3.50×
Q1 24
0.57×

Financial Flow Comparison

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

Related Comparisons