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Side-by-side financial comparison of PUMA BIOTECHNOLOGY, INC. (PBYI) and Smart Sand, Inc. (SND). Click either name above to swap in a different company.
Smart Sand, Inc. is the larger business by last-quarter revenue ($86.0M vs $75.5M, roughly 1.1× PUMA BIOTECHNOLOGY, INC.). On growth, PUMA BIOTECHNOLOGY, INC. posted the faster year-over-year revenue change (27.7% vs -5.8%). Smart Sand, Inc. produced more free cash flow last quarter ($20.4M vs $14.4M). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% CAGR vs 1.8%).
Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.
Sand 9 is a fabless Micro-electromechanical system (MEMS) company based in Cambridge, Massachusetts. Sand 9 developed a piezoelectric MEMS resonator to serve as an alternative for quartz timing devices in applications such as smart phones, low-power wireless devices, and communications infrastructure equipment.
PBYI vs SND — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.5M | $86.0M |
| Net Profit | — | $1.2M |
| Gross Margin | 69.3% | 13.0% |
| Operating Margin | 22.7% | -3.1% |
| Net Margin | — | 1.4% |
| Revenue YoY | 27.7% | -5.8% |
| Net Profit YoY | — | -68.5% |
| EPS (diluted) | $0.26 | $0.03 |
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 | $75.5M | $86.0M | ||
| Q3 25 | $54.5M | $92.8M | ||
| Q2 25 | $52.4M | $85.8M | ||
| Q1 25 | $46.0M | $65.6M | ||
| Q4 24 | $59.1M | $91.4M | ||
| Q3 24 | $80.5M | $63.2M | ||
| Q2 24 | $47.1M | $73.8M | ||
| Q1 24 | $43.8M | $83.1M |
| Q4 25 | — | $1.2M | ||
| Q3 25 | $8.8M | $3.0M | ||
| Q2 25 | $5.9M | $21.4M | ||
| Q1 25 | $3.0M | $-24.2M | ||
| Q4 24 | — | $3.7M | ||
| Q3 24 | $20.3M | $-98.0K | ||
| Q2 24 | $-4.5M | $-430.0K | ||
| Q1 24 | $-4.8M | $-216.0K |
| Q4 25 | 69.3% | 13.0% | ||
| Q3 25 | 77.7% | 16.1% | ||
| Q2 25 | 76.5% | 10.4% | ||
| Q1 25 | 77.1% | 4.2% | ||
| Q4 24 | 76.4% | 14.7% | ||
| Q3 24 | 63.9% | 10.3% | ||
| Q2 24 | 77.4% | 17.7% | ||
| Q1 24 | 75.5% | 14.2% |
| Q4 25 | 22.7% | -3.1% | ||
| Q3 25 | 17.6% | 5.8% | ||
| Q2 25 | 12.7% | -0.1% | ||
| Q1 25 | 8.7% | -10.8% | ||
| Q4 24 | 22.6% | 3.9% | ||
| Q3 24 | 27.4% | -7.8% | ||
| Q2 24 | -4.6% | 4.8% | ||
| Q1 24 | -5.3% | 0.9% |
| Q4 25 | — | 1.4% | ||
| Q3 25 | 16.2% | 3.2% | ||
| Q2 25 | 11.2% | 24.9% | ||
| Q1 25 | 6.5% | -37.0% | ||
| Q4 24 | — | 4.1% | ||
| Q3 24 | 25.2% | -0.2% | ||
| Q2 24 | -9.6% | -0.6% | ||
| Q1 24 | -11.0% | -0.3% |
| Q4 25 | $0.26 | $0.03 | ||
| Q3 25 | $0.17 | $0.08 | ||
| Q2 25 | $0.12 | $0.54 | ||
| Q1 25 | $0.06 | $-0.62 | ||
| Q4 24 | $0.40 | $0.10 | ||
| Q3 24 | $0.41 | $0.00 | ||
| Q2 24 | $-0.09 | $-0.01 | ||
| Q1 24 | $-0.10 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $97.5M | $22.6M |
| Total DebtLower is stronger | $22.7M | $15.0M |
| Stockholders' EquityBook value | $130.3M | $239.7M |
| Total Assets | $216.3M | $340.0M |
| Debt / EquityLower = less leverage | 0.17× | 0.06× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $97.5M | $22.6M | ||
| Q3 25 | $94.4M | $5.1M | ||
| Q2 25 | $96.0M | $4.3M | ||
| Q1 25 | $93.2M | $5.1M | ||
| Q4 24 | $101.0M | $1.6M | ||
| Q3 24 | $96.7M | $7.2M | ||
| Q2 24 | $96.8M | $6.3M | ||
| Q1 24 | $107.2M | $4.6M |
| Q4 25 | $22.7M | $15.0M | ||
| Q3 25 | $34.0M | $14.3M | ||
| Q2 25 | $45.3M | $23.5M | ||
| Q1 25 | $56.7M | $13.7M | ||
| Q4 24 | $68.0M | $14.7M | ||
| Q3 24 | $79.3M | $15.7M | ||
| Q2 24 | $90.7M | $17.1M | ||
| Q1 24 | $102.0M | $25.5M |
| Q4 25 | $130.3M | $239.7M | ||
| Q3 25 | $115.3M | $239.9M | ||
| Q2 25 | $104.7M | $240.5M | ||
| Q1 25 | $97.1M | $219.9M | ||
| Q4 24 | $92.1M | $243.8M | ||
| Q3 24 | $71.1M | $243.6M | ||
| Q2 24 | $48.5M | $242.9M | ||
| Q1 24 | $51.0M | $242.5M |
| Q4 25 | $216.3M | $340.0M | ||
| Q3 25 | $202.9M | $343.1M | ||
| Q2 25 | $194.9M | $345.8M | ||
| Q1 25 | $196.2M | $326.9M | ||
| Q4 24 | $213.3M | $341.5M | ||
| Q3 24 | $220.7M | $335.8M | ||
| Q2 24 | $205.0M | $341.8M | ||
| Q1 24 | $214.1M | $349.3M |
| Q4 25 | 0.17× | 0.06× | ||
| Q3 25 | 0.30× | 0.06× | ||
| Q2 25 | 0.43× | 0.10× | ||
| Q1 25 | 0.58× | 0.06× | ||
| Q4 24 | 0.74× | 0.06× | ||
| Q3 24 | 1.12× | 0.06× | ||
| Q2 24 | 1.87× | 0.07× | ||
| Q1 24 | 2.00× | 0.11× |
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 | $14.4M | $22.4M |
| Free Cash FlowOCF − Capex | $14.4M | $20.4M |
| FCF MarginFCF / Revenue | 19.1% | 23.7% |
| Capex IntensityCapex / Revenue | 0.0% | 2.3% |
| Cash ConversionOCF / Net Profit | — | 18.99× |
| TTM Free Cash FlowTrailing 4 quarters | $41.7M | $32.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.4M | $22.4M | ||
| Q3 25 | $9.7M | $18.2M | ||
| Q2 25 | $14.1M | $-5.1M | ||
| Q1 25 | $3.6M | $8.7M | ||
| Q4 24 | $15.6M | $1.0M | ||
| Q3 24 | $11.0M | $5.8M | ||
| Q2 24 | $1.0M | $14.9M | ||
| Q1 24 | $11.2M | $-3.9M |
| Q4 25 | $14.4M | $20.4M | ||
| Q3 25 | $9.7M | $14.8M | ||
| Q2 25 | $14.1M | $-7.8M | ||
| Q1 25 | $3.6M | $5.2M | ||
| Q4 24 | $15.6M | $-840.0K | ||
| Q3 24 | $11.0M | $3.7M | ||
| Q2 24 | $1.0M | $13.5M | ||
| Q1 24 | — | $-5.5M |
| Q4 25 | 19.1% | 23.7% | ||
| Q3 25 | 17.7% | 15.9% | ||
| Q2 25 | 26.8% | -9.1% | ||
| Q1 25 | 7.7% | 7.9% | ||
| Q4 24 | 26.4% | -0.9% | ||
| Q3 24 | 13.7% | 5.8% | ||
| Q2 24 | 2.1% | 18.3% | ||
| Q1 24 | — | -6.6% |
| Q4 25 | 0.0% | 2.3% | ||
| Q3 25 | 0.0% | 3.6% | ||
| Q2 25 | 0.0% | 3.1% | ||
| Q1 25 | 0.1% | 5.4% | ||
| Q4 24 | 0.0% | 2.1% | ||
| Q3 24 | 0.0% | 3.4% | ||
| Q2 24 | 0.0% | 1.8% | ||
| Q1 24 | 0.0% | 2.0% |
| Q4 25 | — | 18.99× | ||
| Q3 25 | 1.10× | 6.05× | ||
| Q2 25 | 2.41× | -0.24× | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PBYI
Segment breakdown not available.
SND
| Sand | $85.1M | 99% |
| Smart Systems Segment | $980.0K | 1% |
