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Side-by-side financial comparison of OR Royalties Inc. (OR) and Viridian Therapeutics, Inc.\DE (VRDN). Click either name above to swap in a different company.

Viridian Therapeutics, Inc.\DE is the larger business by last-quarter revenue ($70.6M vs $46.7M, roughly 1.5× OR Royalties Inc.).

OR Royalties Inc. is a Canadian company that holds royalties in gold, silver and diamond mines, principally in the form of net smelter returns and streams.Like its predecessor company, Osisko Mining, it is headquartered in Montreal, Quebec, with shares listed on the Toronto Stock Exchange and the New York Stock Exchange.

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

OR vs VRDN — Head-to-Head

Bigger by revenue
VRDN
VRDN
1.5× larger
VRDN
$70.6M
$46.7M
OR

Income Statement — Q2 FY2022 vs Q3 FY2025

Metric
OR
OR
VRDN
VRDN
Revenue
$46.7M
$70.6M
Net Profit
$-34.6M
Gross Margin
Operating Margin
-56.7%
Net Margin
-49.0%
Revenue YoY
81958.1%
Net Profit YoY
54.9%
EPS (diluted)

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
OR
OR
VRDN
VRDN
Q3 25
$70.6M
Q2 22
$46.7M
Q1 22
$43.4M
Net Profit
OR
OR
VRDN
VRDN
Q3 25
$-34.6M
Q2 22
Q1 22
Operating Margin
OR
OR
VRDN
VRDN
Q3 25
-56.7%
Q2 22
Q1 22
Net Margin
OR
OR
VRDN
VRDN
Q3 25
-49.0%
Q2 22
Q1 22

Balance Sheet & Financial Strength

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

Metric
OR
OR
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$490.9M
Total DebtLower is stronger
$222.8M
Stockholders' EquityBook value
$1.3B
$503.0M
Total Assets
$577.1M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OR
OR
VRDN
VRDN
Q3 25
$490.9M
Q2 22
Q1 22
Total Debt
OR
OR
VRDN
VRDN
Q3 25
Q2 22
$222.8M
Q1 22
$302.5M
Stockholders' Equity
OR
OR
VRDN
VRDN
Q3 25
$503.0M
Q2 22
$1.3B
Q1 22
$1.3B
Total Assets
OR
OR
VRDN
VRDN
Q3 25
$577.1M
Q2 22
Q1 22
Debt / Equity
OR
OR
VRDN
VRDN
Q3 25
Q2 22
0.17×
Q1 22
0.23×

Cash Flow & Capital Efficiency

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

Metric
OR
OR
VRDN
VRDN
Operating Cash FlowLast quarter
$-84.6M
Free Cash FlowOCF − Capex
$-84.7M
FCF MarginFCF / Revenue
-120.1%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OR
OR
VRDN
VRDN
Q3 25
$-84.6M
Q2 22
Q1 22
Free Cash Flow
OR
OR
VRDN
VRDN
Q3 25
$-84.7M
Q2 22
Q1 22
FCF Margin
OR
OR
VRDN
VRDN
Q3 25
-120.1%
Q2 22
Q1 22
Capex Intensity
OR
OR
VRDN
VRDN
Q3 25
0.2%
Q2 22
Q1 22

Financial Flow Comparison

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

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