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Side-by-side financial comparison of PUMA BIOTECHNOLOGY, INC. (PBYI) and Turning Point Brands, Inc. (TPB). Click either name above to swap in a different company.

Turning Point Brands, Inc. is the larger business by last-quarter revenue ($121.0M vs $75.5M, roughly 1.6× PUMA BIOTECHNOLOGY, INC.). On growth, Turning Point Brands, Inc. posted the faster year-over-year revenue change (29.2% vs 27.7%). Turning Point Brands, Inc. produced more free cash flow last quarter ($21.5M vs $14.4M). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% CAGR vs 20.7%).

Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

PBYI vs TPB — Head-to-Head

Bigger by revenue
TPB
TPB
1.6× larger
TPB
$121.0M
$75.5M
PBYI
Growing faster (revenue YoY)
TPB
TPB
+1.5% gap
TPB
29.2%
27.7%
PBYI
More free cash flow
TPB
TPB
$7.1M more FCF
TPB
$21.5M
$14.4M
PBYI
Faster 2-yr revenue CAGR
PBYI
PBYI
Annualised
PBYI
31.3%
20.7%
TPB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PBYI
PBYI
TPB
TPB
Revenue
$75.5M
$121.0M
Net Profit
$8.2M
Gross Margin
69.3%
55.9%
Operating Margin
22.7%
16.5%
Net Margin
6.8%
Revenue YoY
27.7%
29.2%
Net Profit YoY
239.8%
EPS (diluted)
$0.26
$0.40

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
PBYI
PBYI
TPB
TPB
Q4 25
$75.5M
$121.0M
Q3 25
$54.5M
$119.0M
Q2 25
$52.4M
$116.6M
Q1 25
$46.0M
$106.4M
Q4 24
$59.1M
$93.7M
Q3 24
$80.5M
$90.7M
Q2 24
$47.1M
$93.2M
Q1 24
$43.8M
$83.1M
Net Profit
PBYI
PBYI
TPB
TPB
Q4 25
$8.2M
Q3 25
$8.8M
$21.1M
Q2 25
$5.9M
$14.5M
Q1 25
$3.0M
$14.4M
Q4 24
$2.4M
Q3 24
$20.3M
$12.4M
Q2 24
$-4.5M
$13.0M
Q1 24
$-4.8M
$12.0M
Gross Margin
PBYI
PBYI
TPB
TPB
Q4 25
69.3%
55.9%
Q3 25
77.7%
59.2%
Q2 25
76.5%
57.1%
Q1 25
77.1%
56.0%
Q4 24
76.4%
56.0%
Q3 24
63.9%
55.6%
Q2 24
77.4%
54.1%
Q1 24
75.5%
58.2%
Operating Margin
PBYI
PBYI
TPB
TPB
Q4 25
22.7%
16.5%
Q3 25
17.6%
21.8%
Q2 25
12.7%
22.6%
Q1 25
8.7%
21.8%
Q4 24
22.6%
19.1%
Q3 24
27.4%
22.9%
Q2 24
-4.6%
24.5%
Q1 24
-5.3%
23.2%
Net Margin
PBYI
PBYI
TPB
TPB
Q4 25
6.8%
Q3 25
16.2%
17.7%
Q2 25
11.2%
12.4%
Q1 25
6.5%
13.5%
Q4 24
2.6%
Q3 24
25.2%
13.6%
Q2 24
-9.6%
14.0%
Q1 24
-11.0%
14.5%
EPS (diluted)
PBYI
PBYI
TPB
TPB
Q4 25
$0.26
$0.40
Q3 25
$0.17
$1.13
Q2 25
$0.12
$0.79
Q1 25
$0.06
$0.79
Q4 24
$0.40
$0.15
Q3 24
$0.41
$0.68
Q2 24
$-0.09
$0.68
Q1 24
$-0.10
$0.63

Balance Sheet & Financial Strength

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

Metric
PBYI
PBYI
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$97.5M
$222.8M
Total DebtLower is stronger
$22.7M
Stockholders' EquityBook value
$130.3M
$372.0M
Total Assets
$216.3M
$763.8M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PBYI
PBYI
TPB
TPB
Q4 25
$97.5M
$222.8M
Q3 25
$94.4M
$201.2M
Q2 25
$96.0M
$109.9M
Q1 25
$93.2M
$99.6M
Q4 24
$101.0M
$48.9M
Q3 24
$96.7M
$33.6M
Q2 24
$96.8M
$142.2M
Q1 24
$107.2M
$130.9M
Total Debt
PBYI
PBYI
TPB
TPB
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
Stockholders' Equity
PBYI
PBYI
TPB
TPB
Q4 25
$130.3M
$372.0M
Q3 25
$115.3M
$358.2M
Q2 25
$104.7M
$224.8M
Q1 25
$97.1M
$203.4M
Q4 24
$92.1M
$190.4M
Q3 24
$71.1M
$185.7M
Q2 24
$48.5M
$172.8M
Q1 24
$51.0M
$160.0M
Total Assets
PBYI
PBYI
TPB
TPB
Q4 25
$216.3M
$763.8M
Q3 25
$202.9M
$742.8M
Q2 25
$194.9M
$595.8M
Q1 25
$196.2M
$564.6M
Q4 24
$213.3M
$493.4M
Q3 24
$220.7M
$488.0M
Q2 24
$205.0M
$591.6M
Q1 24
$214.1M
$586.3M
Debt / Equity
PBYI
PBYI
TPB
TPB
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
PBYI
PBYI
TPB
TPB
Operating Cash FlowLast quarter
$14.4M
$24.9M
Free Cash FlowOCF − Capex
$14.4M
$21.5M
FCF MarginFCF / Revenue
19.1%
17.8%
Capex IntensityCapex / Revenue
0.0%
2.8%
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters
$41.7M
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PBYI
PBYI
TPB
TPB
Q4 25
$14.4M
$24.9M
Q3 25
$9.7M
$3.3M
Q2 25
$14.1M
$11.8M
Q1 25
$3.6M
$17.4M
Q4 24
$15.6M
$17.7M
Q3 24
$11.0M
$13.2M
Q2 24
$1.0M
$13.4M
Q1 24
$11.2M
$22.6M
Free Cash Flow
PBYI
PBYI
TPB
TPB
Q4 25
$14.4M
$21.5M
Q3 25
$9.7M
$-721.0K
Q2 25
$14.1M
$7.8M
Q1 25
$3.6M
$15.2M
Q4 24
$15.6M
$16.6M
Q3 24
$11.0M
$12.6M
Q2 24
$1.0M
$10.9M
Q1 24
$22.3M
FCF Margin
PBYI
PBYI
TPB
TPB
Q4 25
19.1%
17.8%
Q3 25
17.7%
-0.6%
Q2 25
26.8%
6.7%
Q1 25
7.7%
14.3%
Q4 24
26.4%
17.8%
Q3 24
13.7%
13.9%
Q2 24
2.1%
11.7%
Q1 24
26.8%
Capex Intensity
PBYI
PBYI
TPB
TPB
Q4 25
0.0%
2.8%
Q3 25
0.0%
3.4%
Q2 25
0.0%
3.4%
Q1 25
0.1%
2.1%
Q4 24
0.0%
1.2%
Q3 24
0.0%
0.7%
Q2 24
0.0%
2.7%
Q1 24
0.0%
0.4%
Cash Conversion
PBYI
PBYI
TPB
TPB
Q4 25
3.03×
Q3 25
1.10×
0.16×
Q2 25
2.41×
0.82×
Q1 25
1.21×
1.21×
Q4 24
7.34×
Q3 24
0.54×
1.07×
Q2 24
1.03×
Q1 24
1.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PBYI
PBYI

Segment breakdown not available.

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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