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Side-by-side financial comparison of Pelican Acquisition Corp (PELI) and Prime Medicine, Inc. (PRME). Click either name above to swap in a different company.

Pelican Acquisition Corp is the larger business by last-quarter revenue ($888.8K vs $838.0K, roughly 1.1× Prime Medicine, Inc.). Pelican Acquisition Corp runs the higher net margin — 57.9% vs -5498.7%, a 5556.6% gap on every dollar of revenue. On growth, Pelican Acquisition Corp posted the faster year-over-year revenue change (39.8% vs -61.6%).

Pelican Products is an American multinational company that designs and manufactures portable lighting systems, temperature controlled packaging and protective cases. Their products are used in many industries including military, law enforcement, fire safety, and consumer entertainment. The company's flagship product, Pelican cases, are molded plastic cases that seal with an airtight and watertight gasket. Pelican is based in Torrance, California. In Europe the products are branded Peli.

Prime Medicine, Inc. is an American biotechnology company developing gene therapies based on prime editing. The company is headquartered in Cambridge, Massachusetts.

PELI vs PRME — Head-to-Head

Bigger by revenue
PELI
PELI
1.1× larger
PELI
$888.8K
$838.0K
PRME
Growing faster (revenue YoY)
PELI
PELI
+101.4% gap
PELI
39.8%
-61.6%
PRME
Higher net margin
PELI
PELI
5556.6% more per $
PELI
57.9%
-5498.7%
PRME

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
PELI
PELI
PRME
PRME
Revenue
$888.8K
$838.0K
Net Profit
$514.6K
$-46.1M
Gross Margin
Operating Margin
-42.2%
-5800.5%
Net Margin
57.9%
-5498.7%
Revenue YoY
39.8%
-61.6%
Net Profit YoY
67.4%
-9.0%
EPS (diluted)
$-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.

Revenue
PELI
PELI
PRME
PRME
Q4 25
$888.8K
$838.0K
Q3 25
$635.7K
$1.2M
Q2 25
$1.1M
Q1 25
$1.5M
Q4 24
$2.2M
Q2 24
$0
Q1 24
$591.0K
Q4 23
$0
Net Profit
PELI
PELI
PRME
PRME
Q4 25
$514.6K
$-46.1M
Q3 25
$307.4K
$-50.6M
Q2 25
$-52.6M
Q1 25
$-51.9M
Q4 24
$-42.3M
Q2 24
$-55.3M
Q1 24
$-45.8M
Q4 23
$-65.6M
Operating Margin
PELI
PELI
PRME
PRME
Q4 25
-42.2%
-5800.5%
Q3 25
-52.1%
-4406.0%
Q2 25
-4787.2%
Q1 25
-3603.3%
Q4 24
-2025.7%
Q2 24
Q1 24
-8179.5%
Q4 23
Net Margin
PELI
PELI
PRME
PRME
Q4 25
57.9%
-5498.7%
Q3 25
48.4%
-4129.1%
Q2 25
-4716.7%
Q1 25
-3568.8%
Q4 24
-1936.6%
Q2 24
Q1 24
-7743.0%
Q4 23
EPS (diluted)
PELI
PELI
PRME
PRME
Q4 25
$-0.22
Q3 25
$-0.32
Q2 25
$-0.41
Q1 25
$-0.40
Q4 24
$-0.31
Q2 24
$-0.46
Q1 24
$-0.44
Q4 23
$-0.72

Balance Sheet & Financial Strength

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

Metric
PELI
PELI
PRME
PRME
Cash + ST InvestmentsLiquidity on hand
$63.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-31.2K
$120.9M
Total Assets
$88.1M
$342.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PELI
PELI
PRME
PRME
Q4 25
$63.0M
Q3 25
$71.4M
Q2 25
$53.8M
Q1 25
$91.9M
Q4 24
$182.5M
Q2 24
$55.6M
Q1 24
$94.2M
Q4 23
$41.6M
Stockholders' Equity
PELI
PELI
PRME
PRME
Q4 25
$-31.2K
$120.9M
Q3 25
$342.9K
$161.8M
Q2 25
$60.9M
Q1 25
$106.9M
Q4 24
$153.1M
Q2 24
$196.6M
Q1 24
$243.8M
Q4 23
$133.1M
Total Assets
PELI
PELI
PRME
PRME
Q4 25
$88.1M
$342.7M
Q3 25
$87.3M
$385.0M
Q2 25
$279.0M
Q1 25
$328.2M
Q4 24
$297.5M
Q2 24
$259.7M
Q1 24
$311.4M
Q4 23
$193.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PELI
PELI
PRME
PRME
Operating Cash FlowLast quarter
$-367.8K
$-37.3M
Free Cash FlowOCF − Capex
$-37.5M
FCF MarginFCF / Revenue
-4480.4%
Capex IntensityCapex / Revenue
34.6%
Cash ConversionOCF / Net Profit
-0.71×
TTM Free Cash FlowTrailing 4 quarters
$-167.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PELI
PELI
PRME
PRME
Q4 25
$-367.8K
$-37.3M
Q3 25
$-420.4K
$-35.0M
Q2 25
$-41.4M
Q1 25
$-48.9M
Q4 24
$16.2M
Q2 24
$-45.5M
Q1 24
$-67.7M
Q4 23
$-43.9M
Free Cash Flow
PELI
PELI
PRME
PRME
Q4 25
$-37.5M
Q3 25
$-35.3M
Q2 25
$-43.0M
Q1 25
$-51.3M
Q4 24
$14.5M
Q2 24
$-47.4M
Q1 24
$-70.0M
Q4 23
$-45.7M
FCF Margin
PELI
PELI
PRME
PRME
Q4 25
-4480.4%
Q3 25
-2880.5%
Q2 25
-3855.1%
Q1 25
-3526.8%
Q4 24
662.1%
Q2 24
Q1 24
-11849.6%
Q4 23
Capex Intensity
PELI
PELI
PRME
PRME
Q4 25
34.6%
Q3 25
20.2%
Q2 25
141.0%
Q1 25
166.6%
Q4 24
82.0%
Q2 24
Q1 24
393.2%
Q4 23
Cash Conversion
PELI
PELI
PRME
PRME
Q4 25
-0.71×
Q3 25
-1.37×
Q2 25
Q1 25
Q4 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

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