vs

Side-by-side financial comparison of Ovid Therapeutics Inc. (OVID) and Upstream Bio, Inc. (UPB). Click either name above to swap in a different company.

Ovid Therapeutics Inc. is the larger business by last-quarter revenue ($718.0K vs $668.0K, roughly 1.1× Upstream Bio, Inc.).

TCI Co., Ltd. is a Taiwanese contract development and manufacturing organization (CDMO) specialising in the research, development and production of functional beverages, dietary supplements and skincare products. Headquartered in the Neihu Technology Park in Taipei, TCI evolved from an original trading company founded in 1980 into a CDMO group serving clients across Asia, Europe and North America, and is publicly traded on Taiwan's over-the-counter market under the code 8436.

OVID vs UPB — Head-to-Head

Bigger by revenue
OVID
OVID
1.1× larger
OVID
$718.0K
$668.0K
UPB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OVID
OVID
UPB
UPB
Revenue
$718.0K
$668.0K
Net Profit
$-42.5M
Gross Margin
Operating Margin
-6911.2%
Net Margin
-6356.1%
Revenue YoY
844.7%
Net Profit YoY
204.4%
EPS (diluted)
$-0.78

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
OVID
OVID
UPB
UPB
Q4 25
$718.0K
$668.0K
Q3 25
$132.0K
$683.0K
Q2 25
$6.3M
$937.0K
Q1 25
$130.0K
$566.0K
Q4 24
$76.0K
Q3 24
$173.0K
$607.0K
Q2 24
$169.0K
Q1 24
$148.0K
Net Profit
OVID
OVID
UPB
UPB
Q4 25
$-42.5M
Q3 25
$-12.2M
$-33.7M
Q2 25
$-4.7M
$-40.0M
Q1 25
$-10.2M
$-27.3M
Q4 24
Q3 24
$-14.0M
$-16.0M
Q2 24
$8.5M
Q1 24
$-11.7M
Operating Margin
OVID
OVID
UPB
UPB
Q4 25
-6911.2%
Q3 25
-9487.1%
-5539.4%
Q2 25
-80.9%
-4732.9%
Q1 25
-9653.8%
-5656.0%
Q4 24
Q3 24
-7645.1%
-3112.5%
Q2 24
-12140.2%
Q1 24
-11768.2%
Net Margin
OVID
OVID
UPB
UPB
Q4 25
-6356.1%
Q3 25
-9210.6%
-4941.1%
Q2 25
-74.7%
-4265.3%
Q1 25
-7873.1%
-4818.0%
Q4 24
Q3 24
-8096.0%
-2634.6%
Q2 24
5042.0%
Q1 24
-7901.4%
EPS (diluted)
OVID
OVID
UPB
UPB
Q4 25
$-0.78
Q3 25
$-0.63
Q2 25
$-0.74
Q1 25
$-0.51
Q4 24
Q3 24
$-0.20
$-6.96
Q2 24
$0.12
Q1 24
$-0.17

Balance Sheet & Financial Strength

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

Metric
OVID
OVID
UPB
UPB
Cash + ST InvestmentsLiquidity on hand
$13.2M
$341.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$130.7M
$339.8M
Total Assets
$150.9M
$353.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OVID
OVID
UPB
UPB
Q4 25
$13.2M
$341.5M
Q3 25
$20.6M
$372.4M
Q2 25
$28.4M
$393.6M
Q1 25
$21.1M
$431.4M
Q4 24
$26.3M
Q3 24
$15.0M
$220.7M
Q2 24
$29.7M
Q1 24
$30.8M
Stockholders' Equity
OVID
OVID
UPB
UPB
Q4 25
$130.7M
$339.8M
Q3 25
$44.7M
$378.6M
Q2 25
$55.8M
$408.7M
Q1 25
$59.3M
$445.6M
Q4 24
$68.2M
Q3 24
$76.3M
$-160.3M
Q2 24
$88.9M
Q1 24
$78.3M
Total Assets
OVID
OVID
UPB
UPB
Q4 25
$150.9M
$353.8M
Q3 25
$63.8M
$391.2M
Q2 25
$77.4M
$420.5M
Q1 25
$81.7M
$456.2M
Q4 24
$92.2M
Q3 24
$102.7M
$232.7M
Q2 24
$118.1M
Q1 24
$131.6M

Cash Flow & Capital Efficiency

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

Metric
OVID
OVID
UPB
UPB
Operating Cash FlowLast quarter
$-38.3M
$-30.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OVID
OVID
UPB
UPB
Q4 25
$-38.3M
$-30.6M
Q3 25
$-12.9M
$-22.2M
Q2 25
$-4.8M
$-39.2M
Q1 25
$-10.3M
$-41.2M
Q4 24
$-56.0M
Q3 24
$-15.0M
Q2 24
$-14.3M
Q1 24
$-16.7M
Free Cash Flow
OVID
OVID
UPB
UPB
Q4 25
Q3 25
$-22.3M
Q2 25
Q1 25
Q4 24
$-56.0M
Q3 24
$-15.0M
Q2 24
$-14.3M
Q1 24
$-16.7M
FCF Margin
OVID
OVID
UPB
UPB
Q4 25
Q3 25
-3265.6%
Q2 25
Q1 25
Q4 24
-73719.7%
Q3 24
-8676.9%
Q2 24
-8455.0%
Q1 24
-11287.2%
Capex Intensity
OVID
OVID
UPB
UPB
Q4 25
0.0%
Q3 25
0.0%
9.4%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
93.4%
Q3 24
2.3%
Q2 24
20.1%
Q1 24
12.8%
Cash Conversion
OVID
OVID
UPB
UPB
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-1.67×
Q1 24

Financial Flow Comparison

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

Related Comparisons