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Side-by-side financial comparison of OPKO HEALTH, INC. (OPK) and Ranpak Holdings Corp. (PACK). Click either name above to swap in a different company.
OPKO HEALTH, INC. is the larger business by last-quarter revenue ($148.5M vs $93.7M, roughly 1.6× Ranpak Holdings Corp.). On growth, Ranpak Holdings Corp. posted the faster year-over-year revenue change (2.3% vs -19.2%). Over the past eight quarters, Ranpak Holdings Corp.'s revenue compounded faster (13.7% CAGR vs -7.5%).
OPKO Health, Inc. is a medical test and medication company focused on diagnostics and pharmaceuticals. The company is a publicly traded company on NASDAQ and TASE under the symbol "OPK".
Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...
OPK vs PACK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $148.5M | $93.7M |
| Net Profit | $-31.3M | — |
| Gross Margin | 43.1% | 39.0% |
| Operating Margin | -25.8% | -1.0% |
| Net Margin | -21.1% | — |
| Revenue YoY | -19.2% | 2.3% |
| Net Profit YoY | -322.8% | — |
| EPS (diluted) | $-0.04 | $-0.11 |
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.
| Q4 25 | $148.5M | $93.7M | ||
| Q3 25 | $151.7M | $83.6M | ||
| Q2 25 | $156.8M | $77.8M | ||
| Q1 25 | $150.0M | $77.6M | ||
| Q4 24 | $183.6M | $91.6M | ||
| Q3 24 | $173.6M | $78.6M | ||
| Q2 24 | $182.2M | $72.8M | ||
| Q1 24 | $173.7M | $72.5M |
| Q4 25 | $-31.3M | — | ||
| Q3 25 | $21.6M | $-10.4M | ||
| Q2 25 | $-148.4M | $-7.5M | ||
| Q1 25 | $-67.6M | $-10.9M | ||
| Q4 24 | $14.0M | — | ||
| Q3 24 | $24.9M | $-8.1M | ||
| Q2 24 | $-10.3M | $5.5M | ||
| Q1 24 | $-81.8M | $-8.1M |
| Q4 25 | 43.1% | 39.0% | ||
| Q3 25 | 32.9% | 41.1% | ||
| Q2 25 | 31.5% | 37.1% | ||
| Q1 25 | 28.4% | 39.8% | ||
| Q4 24 | 46.1% | 45.2% | ||
| Q3 24 | 23.1% | 43.8% | ||
| Q2 24 | 28.4% | 43.5% | ||
| Q1 24 | 24.2% | 44.6% |
| Q4 25 | -25.8% | -1.0% | ||
| Q3 25 | 31.7% | -6.8% | ||
| Q2 25 | -38.3% | -12.5% | ||
| Q1 25 | -44.8% | -10.3% | ||
| Q4 24 | -18.0% | 1.5% | ||
| Q3 24 | 8.2% | -5.3% | ||
| Q2 24 | -33.9% | -7.1% | ||
| Q1 24 | -41.2% | -6.6% |
| Q4 25 | -21.1% | — | ||
| Q3 25 | 14.3% | -12.4% | ||
| Q2 25 | -94.7% | -9.6% | ||
| Q1 25 | -45.1% | -14.0% | ||
| Q4 24 | 7.6% | — | ||
| Q3 24 | 14.3% | -10.3% | ||
| Q2 24 | -5.7% | 7.6% | ||
| Q1 24 | -47.1% | -11.2% |
| Q4 25 | $-0.04 | $-0.11 | ||
| Q3 25 | $0.03 | $-0.12 | ||
| Q2 25 | $-0.19 | $-0.09 | ||
| Q1 25 | $-0.10 | $-0.13 | ||
| Q4 24 | $0.02 | $-0.13 | ||
| Q3 24 | $0.03 | $-0.10 | ||
| Q2 24 | $-0.01 | $0.07 | ||
| Q1 24 | $-0.12 | $-0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $364.4M | $63.0M |
| Total DebtLower is stronger | $344.0M | $401.9M |
| Stockholders' EquityBook value | $1.3B | $534.9M |
| Total Assets | $1.9B | $1.1B |
| Debt / EquityLower = less leverage | 0.27× | 0.75× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $364.4M | $63.0M | ||
| Q3 25 | $412.0M | $49.9M | ||
| Q2 25 | $267.3M | $49.2M | ||
| Q1 25 | $428.8M | $65.5M | ||
| Q4 24 | $426.6M | $76.1M | ||
| Q3 24 | $400.1M | $69.5M | ||
| Q2 24 | $40.6M | $65.1M | ||
| Q1 24 | $75.6M | $55.1M |
| Q4 25 | $344.0M | $401.9M | ||
| Q3 25 | $344.2M | $403.1M | ||
| Q2 25 | $343.3M | $403.1M | ||
| Q1 25 | $439.2M | $405.2M | ||
| Q4 24 | $437.2M | $406.4M | ||
| Q3 24 | $441.0M | $403.2M | ||
| Q2 24 | $201.9M | $396.1M | ||
| Q1 24 | $350.1M | $396.7M |
| Q4 25 | $1.3B | $534.9M | ||
| Q3 25 | $1.3B | $537.8M | ||
| Q2 25 | $1.3B | $539.0M | ||
| Q1 25 | $1.3B | $544.1M | ||
| Q4 24 | $1.4B | $548.1M | ||
| Q3 24 | $1.4B | $564.3M | ||
| Q2 24 | $1.4B | $566.2M | ||
| Q1 24 | $1.3B | $560.0M |
| Q4 25 | $1.9B | $1.1B | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $2.0B | $1.1B | ||
| Q1 25 | $2.1B | $1.1B | ||
| Q4 24 | $2.2B | $1.1B | ||
| Q3 24 | $2.3B | $1.1B | ||
| Q2 24 | $2.0B | $1.1B | ||
| Q1 24 | $2.0B | $1.1B |
| Q4 25 | 0.27× | 0.75× | ||
| Q3 25 | 0.26× | 0.75× | ||
| Q2 25 | 0.26× | 0.75× | ||
| Q1 25 | 0.33× | 0.74× | ||
| Q4 24 | 0.32× | 0.74× | ||
| Q3 24 | 0.31× | 0.71× | ||
| Q2 24 | 0.14× | 0.70× | ||
| Q1 24 | 0.28× | 0.71× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-25.9M | $19.5M |
| Free Cash FlowOCF − Capex | $-28.6M | — |
| FCF MarginFCF / Revenue | -19.3% | — |
| Capex IntensityCapex / Revenue | 1.8% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-190.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-25.9M | $19.5M | ||
| Q3 25 | $-34.6M | $8.5M | ||
| Q2 25 | $-83.4M | $-3.6M | ||
| Q1 25 | $-34.6M | $-1.3M | ||
| Q4 24 | $-44.4M | $6.5M | ||
| Q3 24 | $-77.1M | $10.1M | ||
| Q2 24 | $-26.4M | $19.6M | ||
| Q1 24 | $-35.6M | $5.2M |
| Q4 25 | $-28.6M | — | ||
| Q3 25 | $-37.8M | — | ||
| Q2 25 | $-86.7M | — | ||
| Q1 25 | $-37.7M | — | ||
| Q4 24 | $-49.8M | — | ||
| Q3 24 | $-85.0M | — | ||
| Q2 24 | $-33.7M | — | ||
| Q1 24 | $-40.0M | — |
| Q4 25 | -19.3% | — | ||
| Q3 25 | -24.9% | — | ||
| Q2 25 | -55.3% | — | ||
| Q1 25 | -25.2% | — | ||
| Q4 24 | -27.1% | — | ||
| Q3 24 | -49.0% | — | ||
| Q2 24 | -18.5% | — | ||
| Q1 24 | -23.0% | — |
| Q4 25 | 1.8% | — | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 2.1% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 4.6% | — | ||
| Q2 24 | 4.0% | — | ||
| Q1 24 | 2.6% | — |
| Q4 25 | — | — | ||
| Q3 25 | -1.60× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -3.17× | — | ||
| Q3 24 | -3.10× | — | ||
| Q2 24 | — | 3.56× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OPK
| Services | $71.1M | 48% |
| Transfer Of Intellectual Property And Other | $33.7M | 23% |
| IE | $22.1M | 15% |
| Rayaldee | $8.8M | 6% |
| Barda Agreement | $6.8M | 5% |
| MX | $6.3M | 4% |
PACK
| Other | $47.9M | 51% |
| Europe And Asia Segment | $45.8M | 49% |
