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

Zhihu Inc. is the larger business by last-quarter revenue ($92.0M vs $75.5M, roughly 1.2× PUMA BIOTECHNOLOGY, INC.). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% CAGR vs -19.0%).

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

Zhihu is a Chinese social question and answer site and news aggregator. Originally based in Chengdu and with creators from Sichuan, China, the website launched on January 26, 2011. The number of registered users on Zhihu exceeded 10 million by the end of 2013, and reached 17 million as of May 2015, with 250 million monthly page views.

PBYI vs ZH — Head-to-Head

Bigger by revenue
ZH
ZH
1.2× larger
ZH
$92.0M
$75.5M
PBYI
Faster 2-yr revenue CAGR
PBYI
PBYI
Annualised
PBYI
31.3%
-19.0%
ZH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PBYI
PBYI
ZH
ZH
Revenue
$75.5M
$92.0M
Net Profit
$30.1M
Gross Margin
69.3%
53.6%
Operating Margin
22.7%
Net Margin
32.7%
Revenue YoY
27.7%
Net Profit YoY
EPS (diluted)
$0.26

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
ZH
ZH
Q1 26
$92.0M
Q4 25
$75.5M
Q3 25
$54.5M
$92.6M
Q2 25
$52.4M
$100.1M
Q1 25
$46.0M
$100.6M
Q4 24
$59.1M
Q3 24
$80.5M
$120.4M
Q2 24
$47.1M
$128.5M
Net Profit
PBYI
PBYI
ZH
ZH
Q1 26
$30.1M
Q4 25
Q3 25
$8.8M
Q2 25
$5.9M
Q1 25
$3.0M
Q4 24
Q3 24
$20.3M
$-1.3M
Q2 24
$-4.5M
$-11.1M
Gross Margin
PBYI
PBYI
ZH
ZH
Q1 26
53.6%
Q4 25
69.3%
Q3 25
77.7%
61.3%
Q2 25
76.5%
62.5%
Q1 25
77.1%
61.8%
Q4 24
76.4%
Q3 24
63.9%
63.9%
Q2 24
77.4%
59.6%
Operating Margin
PBYI
PBYI
ZH
ZH
Q1 26
Q4 25
22.7%
Q3 25
17.6%
-15.1%
Q2 25
12.7%
-12.7%
Q1 25
8.7%
Q4 24
22.6%
Q3 24
27.4%
-10.0%
Q2 24
-4.6%
-19.7%
Net Margin
PBYI
PBYI
ZH
ZH
Q1 26
32.7%
Q4 25
Q3 25
16.2%
Q2 25
11.2%
Q1 25
6.5%
Q4 24
Q3 24
25.2%
-1.1%
Q2 24
-9.6%
-8.6%
EPS (diluted)
PBYI
PBYI
ZH
ZH
Q1 26
Q4 25
$0.26
Q3 25
$0.17
Q2 25
$0.12
Q1 25
$0.06
Q4 24
$0.40
Q3 24
$0.41
Q2 24
$-0.09

Balance Sheet & Financial Strength

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

Metric
PBYI
PBYI
ZH
ZH
Cash + ST InvestmentsLiquidity on hand
$97.5M
$481.8M
Total DebtLower is stronger
$22.7M
Stockholders' EquityBook value
$130.3M
$554.1M
Total Assets
$216.3M
$742.3M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PBYI
PBYI
ZH
ZH
Q1 26
$481.8M
Q4 25
$97.5M
Q3 25
$94.4M
$383.5M
Q2 25
$96.0M
$446.5M
Q1 25
$93.2M
$446.5M
Q4 24
$101.0M
Q3 24
$96.7M
$458.0M
Q2 24
$96.8M
$434.7M
Total Debt
PBYI
PBYI
ZH
ZH
Q1 26
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
Stockholders' Equity
PBYI
PBYI
ZH
ZH
Q1 26
$554.1M
Q4 25
$130.3M
Q3 25
$115.3M
$578.9M
Q2 25
$104.7M
$587.4M
Q1 25
$97.1M
$573.2M
Q4 24
$92.1M
Q3 24
$71.1M
$619.2M
Q2 24
$48.5M
$605.5M
Total Assets
PBYI
PBYI
ZH
ZH
Q1 26
$742.3M
Q4 25
$216.3M
Q3 25
$202.9M
$772.8M
Q2 25
$194.9M
$802.2M
Q1 25
$196.2M
$783.1M
Q4 24
$213.3M
Q3 24
$220.7M
$856.2M
Q2 24
$205.0M
$840.5M
Debt / Equity
PBYI
PBYI
ZH
ZH
Q1 26
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×

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
ZH
ZH
Operating Cash FlowLast quarter
$14.4M
Free Cash FlowOCF − Capex
$14.4M
FCF MarginFCF / Revenue
19.1%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$41.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PBYI
PBYI
ZH
ZH
Q1 26
Q4 25
$14.4M
Q3 25
$9.7M
Q2 25
$14.1M
Q1 25
$3.6M
Q4 24
$15.6M
Q3 24
$11.0M
Q2 24
$1.0M
Free Cash Flow
PBYI
PBYI
ZH
ZH
Q1 26
Q4 25
$14.4M
Q3 25
$9.7M
Q2 25
$14.1M
Q1 25
$3.6M
Q4 24
$15.6M
Q3 24
$11.0M
Q2 24
$1.0M
FCF Margin
PBYI
PBYI
ZH
ZH
Q1 26
Q4 25
19.1%
Q3 25
17.7%
Q2 25
26.8%
Q1 25
7.7%
Q4 24
26.4%
Q3 24
13.7%
Q2 24
2.1%
Capex Intensity
PBYI
PBYI
ZH
ZH
Q1 26
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Cash Conversion
PBYI
PBYI
ZH
ZH
Q1 26
Q4 25
Q3 25
1.10×
Q2 25
2.41×
Q1 25
1.21×
Q4 24
Q3 24
0.54×
Q2 24

Financial Flow Comparison

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

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