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Side-by-side financial comparison of PAMT CORP (PAMT) and Twist Bioscience Corp (TWST). Click either name above to swap in a different company.

PAMT CORP is the larger business by last-quarter revenue ($141.3M vs $103.7M, roughly 1.4× Twist Bioscience Corp). PAMT CORP runs the higher net margin — -20.7% vs -29.4%, a 8.7% gap on every dollar of revenue. On growth, Twist Bioscience Corp posted the faster year-over-year revenue change (16.9% vs -15.1%). PAMT CORP produced more free cash flow last quarter ($-25.0M vs $-34.8M).

Twist Bioscience is a public biotechnology company based in South San Francisco that manufactures synthetic DNA and DNA products for customers in a wide range of industries. Twist was founded in 2013 by Emily Leproust, Bill Banyai, and Bill Peck.

PAMT vs TWST — Head-to-Head

Bigger by revenue
PAMT
PAMT
1.4× larger
PAMT
$141.3M
$103.7M
TWST
Growing faster (revenue YoY)
TWST
TWST
+32.0% gap
TWST
16.9%
-15.1%
PAMT
Higher net margin
PAMT
PAMT
8.7% more per $
PAMT
-20.7%
-29.4%
TWST
More free cash flow
PAMT
PAMT
$9.8M more FCF
PAMT
$-25.0M
$-34.8M
TWST

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PAMT
PAMT
TWST
TWST
Revenue
$141.3M
$103.7M
Net Profit
$-29.3M
$-30.5M
Gross Margin
52.0%
Operating Margin
-27.0%
-31.7%
Net Margin
-20.7%
-29.4%
Revenue YoY
-15.1%
16.9%
Net Profit YoY
7.4%
3.4%
EPS (diluted)
$-1.38
$-0.50

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
PAMT
PAMT
TWST
TWST
Q4 25
$141.3M
$103.7M
Q3 25
$150.3M
Q2 25
$151.1M
Q1 25
$155.3M
Q4 24
$166.5M
Q3 24
$182.6M
Q2 24
$182.9M
Q1 24
$182.6M
Net Profit
PAMT
PAMT
TWST
TWST
Q4 25
$-29.3M
$-30.5M
Q3 25
$-5.6M
Q2 25
$-9.6M
Q1 25
$-8.1M
Q4 24
$-31.6M
Q3 24
$2.4M
Q2 24
$-2.9M
Q1 24
$281.0K
Gross Margin
PAMT
PAMT
TWST
TWST
Q4 25
52.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
PAMT
PAMT
TWST
TWST
Q4 25
-27.0%
-31.7%
Q3 25
-3.8%
Q2 25
-7.3%
Q1 25
-5.9%
Q4 24
-22.6%
Q3 24
1.3%
Q2 24
-0.4%
Q1 24
-0.4%
Net Margin
PAMT
PAMT
TWST
TWST
Q4 25
-20.7%
-29.4%
Q3 25
-3.7%
Q2 25
-6.4%
Q1 25
-5.2%
Q4 24
-19.0%
Q3 24
1.3%
Q2 24
-1.6%
Q1 24
0.2%
EPS (diluted)
PAMT
PAMT
TWST
TWST
Q4 25
$-1.38
$-0.50
Q3 25
$-0.27
Q2 25
$-0.46
Q1 25
$-0.37
Q4 24
$-1.44
Q3 24
$0.11
Q2 24
$-0.13
Q1 24
$0.01

Balance Sheet & Financial Strength

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

Metric
PAMT
PAMT
TWST
TWST
Cash + ST InvestmentsLiquidity on hand
$83.7M
$197.9M
Total DebtLower is stronger
$333.9M
Stockholders' EquityBook value
$210.5M
$456.1M
Total Assets
$697.9M
$638.1M
Debt / EquityLower = less leverage
1.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAMT
PAMT
TWST
TWST
Q4 25
$83.7M
$197.9M
Q3 25
$115.6M
Q2 25
$117.3M
Q1 25
$102.7M
Q4 24
$110.7M
Q3 24
$92.3M
Q2 24
$114.0M
Q1 24
$125.8M
Total Debt
PAMT
PAMT
TWST
TWST
Q4 25
$333.9M
Q3 25
Q2 25
Q1 25
Q4 24
$325.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PAMT
PAMT
TWST
TWST
Q4 25
$210.5M
$456.1M
Q3 25
$239.5M
Q2 25
$244.9M
Q1 25
$269.6M
Q4 24
$277.5M
Q3 24
$308.9M
Q2 24
$306.7M
Q1 24
$314.6M
Total Assets
PAMT
PAMT
TWST
TWST
Q4 25
$697.9M
$638.1M
Q3 25
$715.2M
Q2 25
$707.9M
Q1 25
$712.6M
Q4 24
$741.7M
Q3 24
$756.7M
Q2 24
$733.5M
Q1 24
$746.4M
Debt / Equity
PAMT
PAMT
TWST
TWST
Q4 25
1.59×
Q3 25
Q2 25
Q1 25
Q4 24
1.17×
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
PAMT
PAMT
TWST
TWST
Operating Cash FlowLast quarter
$-5.8M
$-24.8M
Free Cash FlowOCF − Capex
$-25.0M
$-34.8M
FCF MarginFCF / Revenue
-17.7%
-33.5%
Capex IntensityCapex / Revenue
13.6%
9.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAMT
PAMT
TWST
TWST
Q4 25
$-5.8M
$-24.8M
Q3 25
$5.9M
Q2 25
$12.2M
Q1 25
$5.0M
Q4 24
$15.2M
Q3 24
$15.5M
Q2 24
$18.7M
Q1 24
$9.6M
Free Cash Flow
PAMT
PAMT
TWST
TWST
Q4 25
$-25.0M
$-34.8M
Q3 25
$2.5M
Q2 25
$5.9M
Q1 25
$-6.8M
Q4 24
$-39.9M
Q3 24
$-33.6M
Q2 24
$4.1M
Q1 24
$-12.2M
FCF Margin
PAMT
PAMT
TWST
TWST
Q4 25
-17.7%
-33.5%
Q3 25
1.7%
Q2 25
3.9%
Q1 25
-4.4%
Q4 24
-24.0%
Q3 24
-18.4%
Q2 24
2.2%
Q1 24
-6.7%
Capex Intensity
PAMT
PAMT
TWST
TWST
Q4 25
13.6%
9.6%
Q3 25
2.3%
Q2 25
4.2%
Q1 25
7.6%
Q4 24
33.1%
Q3 24
26.9%
Q2 24
8.0%
Q1 24
12.0%
Cash Conversion
PAMT
PAMT
TWST
TWST
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
6.44×
Q2 24
Q1 24
34.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PAMT
PAMT

Freight Transportation Service$123.1M87%
Fuel Surcharge$18.2M13%

TWST
TWST

Industrial Chemicals$37.2M36%
Diagnostics$35.3M34%
Food Or Agriculture$12.8M12%
Academic Research$12.2M12%
Health Care$6.1M6%

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