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Side-by-side financial comparison of PTC THERAPEUTICS, INC. (PTCT) and WAFD INC (WAFD). Click either name above to swap in a different company.

WAFD INC is the larger business by last-quarter revenue ($191.4M vs $164.7M, roughly 1.2× PTC THERAPEUTICS, INC.). WAFD INC runs the higher net margin — 33.5% vs -82.0%, a 115.5% gap on every dollar of revenue. On growth, WAFD INC posted the faster year-over-year revenue change (11.8% vs -22.7%). WAFD INC produced more free cash flow last quarter ($50.0M vs $-36.6M). Over the past eight quarters, WAFD INC's revenue compounded faster (5.5% CAGR vs -11.5%).

PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.

Washington Federal Bank is a bank based in Seattle, Washington. It operates 210 branches in Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, California, and Texas. It is on the list of largest banks in the United States.

PTCT vs WAFD — Head-to-Head

Bigger by revenue
WAFD
WAFD
1.2× larger
WAFD
$191.4M
$164.7M
PTCT
Growing faster (revenue YoY)
WAFD
WAFD
+34.6% gap
WAFD
11.8%
-22.7%
PTCT
Higher net margin
WAFD
WAFD
115.5% more per $
WAFD
33.5%
-82.0%
PTCT
More free cash flow
WAFD
WAFD
$86.7M more FCF
WAFD
$50.0M
$-36.6M
PTCT
Faster 2-yr revenue CAGR
WAFD
WAFD
Annualised
WAFD
5.5%
-11.5%
PTCT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PTCT
PTCT
WAFD
WAFD
Revenue
$164.7M
$191.4M
Net Profit
$-135.0M
$64.2M
Gross Margin
Operating Margin
-43.3%
43.0%
Net Margin
-82.0%
33.5%
Revenue YoY
-22.7%
11.8%
Net Profit YoY
-104.8%
35.8%
EPS (diluted)
$-1.63
$0.79

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
PTCT
PTCT
WAFD
WAFD
Q4 25
$164.7M
$191.4M
Q3 25
$211.0M
$188.3M
Q2 25
$178.9M
$186.3M
Q1 25
$1.2B
$179.8M
Q4 24
$213.2M
$171.1M
Q3 24
$196.8M
$188.7M
Q2 24
$186.7M
$194.4M
Q1 24
$210.1M
$172.0M
Net Profit
PTCT
PTCT
WAFD
WAFD
Q4 25
$-135.0M
$64.2M
Q3 25
$15.9M
$60.6M
Q2 25
$-64.8M
$62.0M
Q1 25
$866.6M
$56.3M
Q4 24
$-65.9M
$47.3M
Q3 24
$-106.7M
$61.1M
Q2 24
$-99.2M
$64.6M
Q1 24
$-91.6M
$15.9M
Operating Margin
PTCT
PTCT
WAFD
WAFD
Q4 25
-43.3%
43.0%
Q3 25
1.4%
41.2%
Q2 25
-19.5%
42.8%
Q1 25
82.5%
40.1%
Q4 24
-76.2%
35.2%
Q3 24
-27.7%
42.8%
Q2 24
-21.5%
42.6%
Q1 24
-21.6%
12.2%
Net Margin
PTCT
PTCT
WAFD
WAFD
Q4 25
-82.0%
33.5%
Q3 25
7.5%
32.2%
Q2 25
-36.3%
33.3%
Q1 25
73.7%
31.3%
Q4 24
-30.9%
27.6%
Q3 24
-54.2%
32.4%
Q2 24
-53.1%
33.2%
Q1 24
-43.6%
9.2%
EPS (diluted)
PTCT
PTCT
WAFD
WAFD
Q4 25
$-1.63
$0.79
Q3 25
$0.20
$0.71
Q2 25
$-0.83
$0.73
Q1 25
$10.04
$0.65
Q4 24
$-0.85
$0.54
Q3 24
$-1.39
$0.73
Q2 24
$-1.29
$0.75
Q1 24
$-1.20
$0.17

Balance Sheet & Financial Strength

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

Metric
PTCT
PTCT
WAFD
WAFD
Cash + ST InvestmentsLiquidity on hand
$1.9B
$734.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-205.3M
$3.0B
Total Assets
$2.9B
$27.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PTCT
PTCT
WAFD
WAFD
Q4 25
$1.9B
$734.9M
Q3 25
$1.7B
$657.3M
Q2 25
$2.0B
$809.3M
Q1 25
$2.0B
$1.2B
Q4 24
$1.1B
$1.5B
Q3 24
$1.0B
$2.4B
Q2 24
$1.1B
$2.5B
Q1 24
$884.8M
$1.5B
Stockholders' Equity
PTCT
PTCT
WAFD
WAFD
Q4 25
$-205.3M
$3.0B
Q3 25
$-155.8M
$3.0B
Q2 25
$-206.5M
$3.0B
Q1 25
$-185.8M
$3.0B
Q4 24
$-1.1B
$3.0B
Q3 24
$-1.1B
$3.0B
Q2 24
$-980.2M
$3.0B
Q1 24
$-893.9M
$2.9B
Total Assets
PTCT
PTCT
WAFD
WAFD
Q4 25
$2.9B
$27.3B
Q3 25
$2.6B
$26.7B
Q2 25
$2.6B
$26.7B
Q1 25
$2.7B
$27.6B
Q4 24
$1.7B
$27.7B
Q3 24
$1.8B
$28.1B
Q2 24
$1.9B
$28.6B
Q1 24
$1.8B
$30.1B

Cash Flow & Capital Efficiency

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

Metric
PTCT
PTCT
WAFD
WAFD
Operating Cash FlowLast quarter
$-34.3M
$60.5M
Free Cash FlowOCF − Capex
$-36.6M
$50.0M
FCF MarginFCF / Revenue
-22.3%
26.1%
Capex IntensityCapex / Revenue
1.4%
5.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$702.3M
$377.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PTCT
PTCT
WAFD
WAFD
Q4 25
$-34.3M
$60.5M
Q3 25
$-66.3M
$237.0M
Q2 25
$-58.3M
$58.0M
Q1 25
$870.1M
$72.1M
Q4 24
$-30.0M
$49.4M
Q3 24
$-77.0M
$439.2M
Q2 24
$-71.5M
$63.1M
Q1 24
$70.8M
$169.2M
Free Cash Flow
PTCT
PTCT
WAFD
WAFD
Q4 25
$-36.6M
$50.0M
Q3 25
$-69.7M
$208.2M
Q2 25
$-59.6M
$53.1M
Q1 25
$868.4M
$66.6M
Q4 24
$-33.8M
$43.0M
Q3 24
$-77.5M
$414.6M
Q2 24
$-78.8M
$58.3M
Q1 24
$61.2M
$164.8M
FCF Margin
PTCT
PTCT
WAFD
WAFD
Q4 25
-22.3%
26.1%
Q3 25
-33.1%
110.6%
Q2 25
-33.3%
28.5%
Q1 25
73.8%
37.0%
Q4 24
-15.8%
25.1%
Q3 24
-39.4%
219.7%
Q2 24
-42.2%
30.0%
Q1 24
29.1%
95.8%
Capex Intensity
PTCT
PTCT
WAFD
WAFD
Q4 25
1.4%
5.5%
Q3 25
1.6%
15.2%
Q2 25
0.7%
2.6%
Q1 25
0.1%
3.1%
Q4 24
1.8%
3.8%
Q3 24
0.3%
13.1%
Q2 24
4.0%
2.5%
Q1 24
4.6%
2.6%
Cash Conversion
PTCT
PTCT
WAFD
WAFD
Q4 25
0.94×
Q3 25
-4.17×
3.91×
Q2 25
0.94×
Q1 25
1.00×
1.28×
Q4 24
1.05×
Q3 24
7.18×
Q2 24
0.98×
Q1 24
10.65×

Financial Flow Comparison

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

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