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Side-by-side financial comparison of MAGNACHIP SEMICONDUCTOR Corp (MX) and ARS Pharmaceuticals, Inc. (SPRY). Click either name above to swap in a different company.

MAGNACHIP SEMICONDUCTOR Corp is the larger business by last-quarter revenue ($40.6M vs $28.1M, roughly 1.4× ARS Pharmaceuticals, Inc.). MAGNACHIP SEMICONDUCTOR Corp runs the higher net margin — -19.9% vs -147.1%, a 127.2% gap on every dollar of revenue. On growth, MAGNACHIP SEMICONDUCTOR Corp posted the faster year-over-year revenue change (-20.7% vs -67.6%).

Magnachip Semiconductor Corp is a global semiconductor design and manufacturing firm specializing in high-performance analog and mixed-signal solutions. Its core products include display driver ICs, power management ICs and sensors, serving consumer electronics, automotive, industrial and communications markets worldwide.

ARS Pharmaceuticals, Inc. is a late-stage biopharmaceutical firm specializing in the development and commercialization of novel therapies for severe allergic reactions, most notably needle-free epinephrine delivery solutions for anaphylaxis. It primarily operates in the North American market, catering to both pediatric and adult patient groups at risk of life-threatening allergic responses.

MX vs SPRY — Head-to-Head

Bigger by revenue
MX
MX
1.4× larger
MX
$40.6M
$28.1M
SPRY
Growing faster (revenue YoY)
MX
MX
+46.9% gap
MX
-20.7%
-67.6%
SPRY
Higher net margin
MX
MX
127.2% more per $
MX
-19.9%
-147.1%
SPRY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MX
MX
SPRY
SPRY
Revenue
$40.6M
$28.1M
Net Profit
$-8.1M
$-41.3M
Gross Margin
9.3%
Operating Margin
-26.1%
-147.6%
Net Margin
-19.9%
-147.1%
Revenue YoY
-20.7%
-67.6%
Net Profit YoY
50.4%
-182.8%
EPS (diluted)
$-0.23
$-0.41

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
MX
MX
SPRY
SPRY
Q4 25
$40.6M
$28.1M
Q3 25
$45.9M
$32.5M
Q2 25
$47.6M
$15.7M
Q1 25
$44.7M
$8.0M
Q4 24
$51.2M
$86.6M
Q3 24
$55.4M
$2.1M
Q2 24
$46.4M
$500.0K
Q1 24
$43.4M
$0
Net Profit
MX
MX
SPRY
SPRY
Q4 25
$-8.1M
$-41.3M
Q3 25
$-13.1M
$-51.2M
Q2 25
$323.0K
$-44.9M
Q1 25
$-8.9M
$-33.9M
Q4 24
$-16.3M
$49.9M
Q3 24
$-9.6M
$-19.1M
Q2 24
$-13.0M
$-12.5M
Q1 24
$-15.4M
$-10.3M
Gross Margin
MX
MX
SPRY
SPRY
Q4 25
9.3%
Q3 25
18.6%
Q2 25
20.4%
Q1 25
20.9%
Q4 24
21.7%
Q3 24
20.8%
Q2 24
21.1%
Q1 24
14.6%
Operating Margin
MX
MX
SPRY
SPRY
Q4 25
-26.1%
-147.6%
Q3 25
-25.1%
-163.7%
Q2 25
-15.6%
-302.9%
Q1 25
-14.1%
-466.3%
Q4 24
-12.5%
54.5%
Q3 24
-8.1%
-1051.6%
Q2 24
-12.3%
-3068.0%
Q1 24
-21.6%
Net Margin
MX
MX
SPRY
SPRY
Q4 25
-19.9%
-147.1%
Q3 25
-28.5%
-157.4%
Q2 25
0.7%
-285.6%
Q1 25
-19.9%
-425.7%
Q4 24
-31.8%
57.7%
Q3 24
-17.3%
-925.0%
Q2 24
-28.0%
-2503.2%
Q1 24
-35.5%
EPS (diluted)
MX
MX
SPRY
SPRY
Q4 25
$-0.23
$-0.41
Q3 25
$-0.36
$-0.52
Q2 25
$0.01
$-0.46
Q1 25
$-0.24
$-0.35
Q4 24
$-0.44
$0.52
Q3 24
$-0.26
$-0.20
Q2 24
$-0.34
$-0.13
Q1 24
$-0.40
$-0.11

Balance Sheet & Financial Strength

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

Metric
MX
MX
SPRY
SPRY
Cash + ST InvestmentsLiquidity on hand
$103.8M
$245.0M
Total DebtLower is stronger
$96.4M
Stockholders' EquityBook value
$248.3M
$114.3M
Total Assets
$351.5M
$327.7M
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MX
MX
SPRY
SPRY
Q4 25
$103.8M
$245.0M
Q3 25
$108.0M
$288.2M
Q2 25
$113.3M
$240.1M
Q1 25
$132.7M
$275.7M
Q4 24
$138.6M
$314.0M
Q3 24
$151.1M
$204.6M
Q2 24
$162.5M
$218.7M
Q1 24
$171.6M
$223.6M
Total Debt
MX
MX
SPRY
SPRY
Q4 25
$96.4M
Q3 25
$96.2M
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MX
MX
SPRY
SPRY
Q4 25
$248.3M
$114.3M
Q3 25
$255.3M
$147.7M
Q2 25
$270.2M
$192.3M
Q1 25
$269.2M
$229.0M
Q4 24
$276.8M
$256.8M
Q3 24
$299.6M
$201.0M
Q2 24
$305.8M
$215.2M
Q1 24
$321.9M
$223.9M
Total Assets
MX
MX
SPRY
SPRY
Q4 25
$351.5M
$327.7M
Q3 25
$359.6M
$372.8M
Q2 25
$370.5M
$313.5M
Q1 25
$373.9M
$327.3M
Q4 24
$379.3M
$351.2M
Q3 24
$411.4M
$217.6M
Q2 24
$412.7M
$222.0M
Q1 24
$426.2M
$227.6M
Debt / Equity
MX
MX
SPRY
SPRY
Q4 25
0.84×
Q3 25
0.65×
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
MX
MX
SPRY
SPRY
Operating Cash FlowLast quarter
$5.4M
$-43.5M
Free Cash FlowOCF − Capex
$-4.8M
FCF MarginFCF / Revenue
-11.9%
Capex IntensityCapex / Revenue
25.3%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-54.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MX
MX
SPRY
SPRY
Q4 25
$5.4M
$-43.5M
Q3 25
$162.0K
$-47.0M
Q2 25
$-25.1M
$-39.6M
Q1 25
$-4.7M
$-40.7M
Q4 24
$11.9M
$42.0M
Q3 24
$-12.9M
$-14.5M
Q2 24
$-1.1M
$-7.3M
Q1 24
$-4.0M
$-6.7M
Free Cash Flow
MX
MX
SPRY
SPRY
Q4 25
$-4.8M
Q3 25
$-7.5M
$-47.2M
Q2 25
$-37.0M
$-39.6M
Q1 25
$-4.9M
$-40.8M
Q4 24
$4.4M
$41.7M
Q3 24
$-15.5M
$-14.6M
Q2 24
$-2.0M
$-7.3M
Q1 24
$-4.6M
$-6.8M
FCF Margin
MX
MX
SPRY
SPRY
Q4 25
-11.9%
Q3 25
-16.3%
-145.4%
Q2 25
-77.7%
-252.2%
Q1 25
-10.9%
-512.1%
Q4 24
8.7%
48.2%
Q3 24
-28.0%
-706.3%
Q2 24
-4.3%
-1463.4%
Q1 24
-10.7%
Capex Intensity
MX
MX
SPRY
SPRY
Q4 25
25.3%
0.0%
Q3 25
16.7%
0.6%
Q2 25
24.9%
0.3%
Q1 25
0.5%
1.1%
Q4 24
14.5%
0.3%
Q3 24
4.7%
6.8%
Q2 24
1.9%
7.6%
Q1 24
1.5%
Cash Conversion
MX
MX
SPRY
SPRY
Q4 25
Q3 25
Q2 25
-77.81×
Q1 25
Q4 24
0.84×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MX
MX

Power Analog Solutions$36.8M91%
Power Ic$3.8M9%

SPRY
SPRY

Products$20.3M72%
Other$7.8M28%

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