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Side-by-side financial comparison of PUMA BIOTECHNOLOGY, INC. (PBYI) and TELOS CORP (TLS). Click either name above to swap in a different company.
PUMA BIOTECHNOLOGY, INC. is the larger business by last-quarter revenue ($75.5M vs $46.8M, roughly 1.6× TELOS CORP). On growth, TELOS CORP posted the faster year-over-year revenue change (77.4% vs 27.7%). PUMA BIOTECHNOLOGY, INC. produced more free cash flow last quarter ($14.4M vs $8.0M). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% CAGR vs 25.7%).
Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.
Telos Corporation is an information technology and cybersecurity company located in Ashburn, Virginia. Telos primarily serves government and enterprise clients, receiving a large number of its contracts from the United States Department of Defense. Customers are primarily military, intelligence and civilian agencies of the US government and NATO allies.
PBYI vs TLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.5M | $46.8M |
| Net Profit | — | $-16.3M |
| Gross Margin | 69.3% | 35.0% |
| Operating Margin | 22.7% | -39.6% |
| Net Margin | — | -34.9% |
| Revenue YoY | 27.7% | 77.4% |
| Net Profit YoY | — | -74.8% |
| EPS (diluted) | $0.26 | $-0.22 |
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 | $46.8M | ||
| Q3 25 | $54.5M | $51.4M | ||
| Q2 25 | $52.4M | $36.0M | ||
| Q1 25 | $46.0M | $30.6M | ||
| Q4 24 | $59.1M | $26.4M | ||
| Q3 24 | $80.5M | $23.8M | ||
| Q2 24 | $47.1M | $28.5M | ||
| Q1 24 | $43.8M | $29.6M |
| Q4 25 | — | $-16.3M | ||
| Q3 25 | $8.8M | $-2.1M | ||
| Q2 25 | $5.9M | $-9.5M | ||
| Q1 25 | $3.0M | $-8.6M | ||
| Q4 24 | — | $-9.3M | ||
| Q3 24 | $20.3M | $-28.1M | ||
| Q2 24 | $-4.5M | $-7.8M | ||
| Q1 24 | $-4.8M | $-7.4M |
| Q4 25 | 69.3% | 35.0% | ||
| Q3 25 | 77.7% | 39.9% | ||
| Q2 25 | 76.5% | 33.2% | ||
| Q1 25 | 77.1% | 39.8% | ||
| Q4 24 | 76.4% | 40.3% | ||
| Q3 24 | 63.9% | 13.2% | ||
| Q2 24 | 77.4% | 34.1% | ||
| Q1 24 | 75.5% | 37.0% |
| Q4 25 | 22.7% | -39.6% | ||
| Q3 25 | 17.6% | -4.8% | ||
| Q2 25 | 12.7% | -27.5% | ||
| Q1 25 | 8.7% | -29.5% | ||
| Q4 24 | 22.6% | -37.6% | ||
| Q3 24 | 27.4% | -121.4% | ||
| Q2 24 | -4.6% | -30.3% | ||
| Q1 24 | -5.3% | -28.5% |
| Q4 25 | — | -34.9% | ||
| Q3 25 | 16.2% | -4.1% | ||
| Q2 25 | 11.2% | -26.5% | ||
| Q1 25 | 6.5% | -28.1% | ||
| Q4 24 | — | -35.4% | ||
| Q3 24 | 25.2% | -118.0% | ||
| Q2 24 | -9.6% | -27.2% | ||
| Q1 24 | -11.0% | -24.9% |
| Q4 25 | $0.26 | $-0.22 | ||
| Q3 25 | $0.17 | $-0.03 | ||
| Q2 25 | $0.12 | $-0.13 | ||
| Q1 25 | $0.06 | $-0.12 | ||
| Q4 24 | $0.40 | $-0.13 | ||
| Q3 24 | $0.41 | $-0.39 | ||
| Q2 24 | $-0.09 | $-0.11 | ||
| Q1 24 | $-0.10 | $-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 | $97.5M | $53.2M |
| Total DebtLower is stronger | $22.7M | — |
| Stockholders' EquityBook value | $130.3M | $96.0M |
| Total Assets | $216.3M | $139.9M |
| Debt / EquityLower = less leverage | 0.17× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $97.5M | $53.2M | ||
| Q3 25 | $94.4M | $59.0M | ||
| Q2 25 | $96.0M | $57.0M | ||
| Q1 25 | $93.2M | $57.8M | ||
| Q4 24 | $101.0M | $54.6M | ||
| Q3 24 | $96.7M | $69.8M | ||
| Q2 24 | $96.8M | $80.1M | ||
| Q1 24 | $107.2M | $93.9M |
| Q4 25 | $22.7M | — | ||
| Q3 25 | $34.0M | — | ||
| Q2 25 | $45.3M | — | ||
| Q1 25 | $56.7M | — | ||
| Q4 24 | $68.0M | — | ||
| Q3 24 | $79.3M | — | ||
| Q2 24 | $90.7M | — | ||
| Q1 24 | $102.0M | — |
| Q4 25 | $130.3M | $96.0M | ||
| Q3 25 | $115.3M | $119.7M | ||
| Q2 25 | $104.7M | $118.4M | ||
| Q1 25 | $97.1M | $126.1M | ||
| Q4 24 | $92.1M | $127.1M | ||
| Q3 24 | $71.1M | $129.5M | ||
| Q2 24 | $48.5M | $149.1M | ||
| Q1 24 | $51.0M | $154.4M |
| Q4 25 | $216.3M | $139.9M | ||
| Q3 25 | $202.9M | $164.3M | ||
| Q2 25 | $194.9M | $165.0M | ||
| Q1 25 | $196.2M | $158.1M | ||
| Q4 24 | $213.3M | $158.2M | ||
| Q3 24 | $220.7M | $166.3M | ||
| Q2 24 | $205.0M | $182.4M | ||
| Q1 24 | $214.1M | $195.4M |
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.30× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | 0.74× | — | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.87× | — | ||
| Q1 24 | 2.00× | — |
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 | $8.0M |
| Free Cash FlowOCF − Capex | $14.4M | $8.0M |
| FCF MarginFCF / Revenue | 19.1% | 17.0% |
| Capex IntensityCapex / Revenue | 0.0% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $41.7M | $29.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.4M | $8.0M | ||
| Q3 25 | $9.7M | $9.1M | ||
| Q2 25 | $14.1M | $7.0M | ||
| Q1 25 | $3.6M | $6.1M | ||
| Q4 24 | $15.6M | $-10.5M | ||
| Q3 24 | $11.0M | $-7.1M | ||
| Q2 24 | $1.0M | $-8.0M | ||
| Q1 24 | $11.2M | $-350.0K |
| Q4 25 | $14.4M | $8.0M | ||
| Q3 25 | $9.7M | $8.7M | ||
| Q2 25 | $14.1M | $6.8M | ||
| Q1 25 | $3.6M | $6.0M | ||
| Q4 24 | $15.6M | $-12.4M | ||
| Q3 24 | $11.0M | $-7.1M | ||
| Q2 24 | $1.0M | $-8.2M | ||
| Q1 24 | — | $-447.0K |
| Q4 25 | 19.1% | 17.0% | ||
| Q3 25 | 17.7% | 16.9% | ||
| Q2 25 | 26.8% | 19.0% | ||
| Q1 25 | 7.7% | 19.5% | ||
| Q4 24 | 26.4% | -47.0% | ||
| Q3 24 | 13.7% | -30.0% | ||
| Q2 24 | 2.1% | -28.9% | ||
| Q1 24 | — | -1.5% |
| Q4 25 | 0.0% | 0.1% | ||
| Q3 25 | 0.0% | 0.9% | ||
| Q2 25 | 0.0% | 0.4% | ||
| Q1 25 | 0.1% | 0.4% | ||
| Q4 24 | 0.0% | 7.1% | ||
| Q3 24 | 0.0% | 0.2% | ||
| Q2 24 | 0.0% | 0.8% | ||
| Q1 24 | 0.0% | 0.3% |
| Q4 25 | — | — | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 2.41× | — | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | — | — | ||
| 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.
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
