vs

Side-by-side financial comparison of Nurix Therapeutics, Inc. (NRIX) and WINMARK CORP (WINA). Click either name above to swap in a different company.

WINMARK CORP is the larger business by last-quarter revenue ($21.1M vs $13.6M, roughly 1.6× Nurix Therapeutics, Inc.). WINMARK CORP runs the higher net margin — 47.2% vs -576.1%, a 623.4% gap on every dollar of revenue. On growth, WINMARK CORP posted the faster year-over-year revenue change (7.9% vs 2.2%). WINMARK CORP produced more free cash flow last quarter ($8.5M vs $-73.0M). Over the past eight quarters, WINMARK CORP's revenue compounded faster (2.4% CAGR vs -9.5%).

Nurix Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing novel targeted protein degradation therapies for cancer, immune disorders and other serious unmet medical needs. Its core pipeline leverages proprietary E3 ubiquitin ligase modulation technology, with operations primarily based in the United States and collaborative partnerships with global pharmaceutical firms.

Winmark Corporation is an American franchisor of five retail businesses that specialize in buying and selling used goods. The company is based in Minneapolis, Minnesota. Winmark was founded in 1988 as Play It Again Sports Franchise Corporation by Ron Olson and Jeffrey Dahlberg after they purchased the Play It Again Sports franchise rights from Martha Morris. They renamed the company to Grow Biz International Inc. in June 1993. Grow Biz went public in August 1993. In 2000, John Morgan replaced...

NRIX vs WINA — Head-to-Head

Bigger by revenue
WINA
WINA
1.6× larger
WINA
$21.1M
$13.6M
NRIX
Growing faster (revenue YoY)
WINA
WINA
+5.7% gap
WINA
7.9%
2.2%
NRIX
Higher net margin
WINA
WINA
623.4% more per $
WINA
47.2%
-576.1%
NRIX
More free cash flow
WINA
WINA
$81.5M more FCF
WINA
$8.5M
$-73.0M
NRIX
Faster 2-yr revenue CAGR
WINA
WINA
Annualised
WINA
2.4%
-9.5%
NRIX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NRIX
NRIX
WINA
WINA
Revenue
$13.6M
$21.1M
Net Profit
$-78.2M
$10.0M
Gross Margin
Operating Margin
-612.0%
61.7%
Net Margin
-576.1%
47.2%
Revenue YoY
2.2%
7.9%
Net Profit YoY
-33.6%
3.9%
EPS (diluted)
$-0.83
$2.68

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
NRIX
NRIX
WINA
WINA
Q4 25
$13.6M
$21.1M
Q3 25
$7.9M
$22.6M
Q2 25
$44.1M
$20.4M
Q1 25
$18.5M
$21.9M
Q4 24
$13.3M
$19.5M
Q3 24
$12.6M
$21.5M
Q2 24
$12.1M
$20.1M
Q1 24
$16.6M
$20.1M
Net Profit
NRIX
NRIX
WINA
WINA
Q4 25
$-78.2M
$10.0M
Q3 25
$-86.4M
$11.1M
Q2 25
$-43.5M
$10.6M
Q1 25
$-56.4M
$10.0M
Q4 24
$-58.5M
$9.6M
Q3 24
$-49.0M
$11.1M
Q2 24
$-44.5M
$10.4M
Q1 24
$-41.5M
$8.8M
Operating Margin
NRIX
NRIX
WINA
WINA
Q4 25
-612.0%
61.7%
Q3 25
-1157.7%
65.9%
Q2 25
-109.7%
64.0%
Q1 25
-340.7%
62.0%
Q4 24
-486.7%
65.3%
Q3 24
-433.8%
69.4%
Q2 24
-401.4%
64.7%
Q1 24
-272.6%
60.8%
Net Margin
NRIX
NRIX
WINA
WINA
Q4 25
-576.1%
47.2%
Q3 25
-1094.8%
49.2%
Q2 25
-98.7%
51.9%
Q1 25
-305.4%
45.4%
Q4 24
-440.7%
49.0%
Q3 24
-388.9%
51.7%
Q2 24
-368.4%
51.8%
Q1 24
-250.3%
43.9%
EPS (diluted)
NRIX
NRIX
WINA
WINA
Q4 25
$-0.83
$2.68
Q3 25
$-1.03
$3.02
Q2 25
$-0.52
$2.89
Q1 25
$-0.67
$2.71
Q4 24
$-0.74
$2.60
Q3 24
$-0.67
$3.03
Q2 24
$-0.71
$2.85
Q1 24
$-0.76
$2.41

Balance Sheet & Financial Strength

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

Metric
NRIX
NRIX
WINA
WINA
Cash + ST InvestmentsLiquidity on hand
$247.0M
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$538.7M
$-53.7M
Total Assets
$688.1M
$24.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRIX
NRIX
WINA
WINA
Q4 25
$247.0M
$10.3M
Q3 25
$78.4M
$39.7M
Q2 25
$84.3M
$28.8M
Q1 25
$75.9M
$21.8M
Q4 24
$110.0M
$12.2M
Q3 24
$99.0M
$37.2M
Q2 24
$116.8M
$29.4M
Q1 24
$49.8M
$22.9M
Stockholders' Equity
NRIX
NRIX
WINA
WINA
Q4 25
$538.7M
$-53.7M
Q3 25
$372.3M
$-26.3M
Q2 25
$447.6M
$-36.8M
Q1 25
$480.9M
$-45.9M
Q4 24
$527.0M
$-51.0M
Q3 24
$376.9M
$-33.7M
Q2 24
$370.7M
$-42.2M
Q1 24
$168.7M
$-52.6M
Total Assets
NRIX
NRIX
WINA
WINA
Q4 25
$688.1M
$24.9M
Q3 25
$522.5M
$53.7M
Q2 25
$591.6M
$43.2M
Q1 25
$615.0M
$37.1M
Q4 24
$669.3M
$26.8M
Q3 24
$513.6M
$52.0M
Q2 24
$511.0M
$44.7M
Q1 24
$312.7M
$38.3M

Cash Flow & Capital Efficiency

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

Metric
NRIX
NRIX
WINA
WINA
Operating Cash FlowLast quarter
$-67.8M
$8.5M
Free Cash FlowOCF − Capex
$-73.0M
$8.5M
FCF MarginFCF / Revenue
-537.4%
40.3%
Capex IntensityCapex / Revenue
37.8%
0.1%
Cash ConversionOCF / Net Profit
0.86×
TTM Free Cash FlowTrailing 4 quarters
$-263.5M
$44.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NRIX
NRIX
WINA
WINA
Q4 25
$-67.8M
$8.5M
Q3 25
$-57.4M
$12.3M
Q2 25
$-63.2M
$9.0M
Q1 25
$-61.1M
$15.1M
Q4 24
$-48.8M
$8.5M
Q3 24
$-42.2M
$12.1M
Q2 24
$-39.7M
$8.2M
Q1 24
$-42.0M
$13.4M
Free Cash Flow
NRIX
NRIX
WINA
WINA
Q4 25
$-73.0M
$8.5M
Q3 25
$-60.1M
$12.2M
Q2 25
$-65.8M
$9.0M
Q1 25
$-64.6M
$15.0M
Q4 24
$-50.9M
Q3 24
$-44.5M
$12.1M
Q2 24
$-41.6M
$8.1M
Q1 24
$-44.8M
$13.3M
FCF Margin
NRIX
NRIX
WINA
WINA
Q4 25
-537.4%
40.3%
Q3 25
-761.3%
53.8%
Q2 25
-149.4%
44.0%
Q1 25
-349.9%
68.6%
Q4 24
-382.8%
Q3 24
-353.7%
56.3%
Q2 24
-344.4%
40.4%
Q1 24
-270.3%
66.0%
Capex Intensity
NRIX
NRIX
WINA
WINA
Q4 25
37.8%
0.1%
Q3 25
34.3%
0.3%
Q2 25
6.1%
0.3%
Q1 25
18.9%
0.2%
Q4 24
15.8%
0.0%
Q3 24
18.6%
0.0%
Q2 24
16.0%
0.5%
Q1 24
17.4%
0.4%
Cash Conversion
NRIX
NRIX
WINA
WINA
Q4 25
0.86×
Q3 25
1.10×
Q2 25
0.85×
Q1 25
1.51×
Q4 24
0.88×
Q3 24
1.09×
Q2 24
0.79×
Q1 24
1.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NRIX
NRIX

Pfizer$11.9M88%
Gilead Agreement$1.7M13%

WINA
WINA

Segment breakdown not available.

Related Comparisons