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Side-by-side financial comparison of Ready Capital Corp (RC) and Xilio Therapeutics, Inc. (XLO). Click either name above to swap in a different company.

Xilio Therapeutics, Inc. is the larger business by last-quarter revenue ($13.7M vs $13.1M, roughly 1.0× Ready Capital Corp). Xilio Therapeutics, Inc. runs the higher net margin — 75.7% vs -1772.7%, a 1848.4% gap on every dollar of revenue.

Ready Capital Corp is a leading US-based commercial real estate finance firm. It offers tailored lending solutions including multifamily property loans, small balance commercial real estate mortgages, construction financing, and mortgage servicing services. Its core client segments include real estate investors, small business operators, and property developers across the United States.

Xilio Therapeutics is a clinical-stage biotechnology company dedicated to developing novel tumor-selective immunotherapies for cancer treatment. Its product pipeline features candidates engineered to trigger anti-tumor immune responses specifically inside tumor microenvironments, reducing systemic toxicities, and it primarily targets oncology patient populations in North America and other global markets.

RC vs XLO — Head-to-Head

Bigger by revenue
XLO
XLO
1.0× larger
XLO
$13.7M
$13.1M
RC
Higher net margin
XLO
XLO
1848.4% more per $
XLO
75.7%
-1772.7%
RC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RC
RC
XLO
XLO
Revenue
$13.1M
$13.7M
Net Profit
$-232.6M
$10.4M
Gross Margin
Operating Margin
-2013.3%
-86.5%
Net Margin
-1772.7%
75.7%
Revenue YoY
-73.8%
Net Profit YoY
26.1%
179.1%
EPS (diluted)
$-1.43
$-3.74

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
RC
RC
XLO
XLO
Q4 25
$13.1M
$13.7M
Q3 25
$85.4M
$19.1M
Q2 25
$16.9M
$8.1M
Q1 25
$40.2M
$2.9M
Q4 24
$50.1M
Q3 24
$107.2M
Q2 24
$51.0M
Q1 24
$48.5M
Net Profit
RC
RC
XLO
XLO
Q4 25
$-232.6M
$10.4M
Q3 25
$-16.7M
$-16.3M
Q2 25
$-53.7M
$-15.8M
Q1 25
$82.0M
$-13.3M
Q4 24
$-314.8M
Q3 24
$-7.3M
Q2 24
$-34.2M
Q1 24
$-74.2M
Operating Margin
RC
RC
XLO
XLO
Q4 25
-2013.3%
-86.5%
Q3 25
-31.5%
-10.1%
Q2 25
-524.9%
-177.7%
Q1 25
-472.7%
Q4 24
-629.0%
Q3 24
-14.8%
Q2 24
-157.0%
Q1 24
-217.9%
Net Margin
RC
RC
XLO
XLO
Q4 25
-1772.7%
75.7%
Q3 25
-19.6%
-85.4%
Q2 25
-317.7%
-196.0%
Q1 25
203.7%
-452.7%
Q4 24
-628.8%
Q3 24
-6.8%
Q2 24
-67.1%
Q1 24
-152.8%
EPS (diluted)
RC
RC
XLO
XLO
Q4 25
$-1.43
$-3.74
Q3 25
$-0.13
$-0.11
Q2 25
$-0.34
$-0.16
Q1 25
$0.46
$-0.18
Q4 24
$-1.89
Q3 24
$-0.07
Q2 24
$-0.23
Q1 24
$-0.44

Balance Sheet & Financial Strength

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

Metric
RC
RC
XLO
XLO
Cash + ST InvestmentsLiquidity on hand
$207.8M
$137.5M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$1.5B
$35.3M
Total Assets
$7.8B
$154.7M
Debt / EquityLower = less leverage
0.89×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RC
RC
XLO
XLO
Q4 25
$207.8M
$137.5M
Q3 25
$147.5M
$103.8M
Q2 25
$162.9M
$121.6M
Q1 25
$205.9M
$89.1M
Q4 24
$143.8M
Q3 24
$181.3M
Q2 24
$226.3M
Q1 24
$166.0M
Total Debt
RC
RC
XLO
XLO
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.5B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.1B
Stockholders' Equity
RC
RC
XLO
XLO
Q4 25
$1.5B
$35.3M
Q3 25
$1.8B
$-8.1M
Q2 25
$1.8B
$7.1M
Q1 25
$1.9B
$10.7M
Q4 24
$1.8B
Q3 24
$2.2B
Q2 24
$2.3B
Q1 24
$2.4B
Total Assets
RC
RC
XLO
XLO
Q4 25
$7.8B
$154.7M
Q3 25
$8.3B
$133.7M
Q2 25
$9.3B
$133.8M
Q1 25
$10.0B
$103.7M
Q4 24
$10.1B
Q3 24
$11.3B
Q2 24
$11.8B
Q1 24
$12.0B
Debt / Equity
RC
RC
XLO
XLO
Q4 25
0.89×
Q3 25
0.78×
Q2 25
0.76×
Q1 25
0.77×
Q4 24
0.73×
Q3 24
0.54×
Q2 24
0.52×
Q1 24
0.46×

Cash Flow & Capital Efficiency

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

Metric
RC
RC
XLO
XLO
Operating Cash FlowLast quarter
$432.1M
$-2.0M
Free Cash FlowOCF − Capex
$-2.1M
FCF MarginFCF / Revenue
-15.3%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
-0.19×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RC
RC
XLO
XLO
Q4 25
$432.1M
$-2.0M
Q3 25
$434.7M
$-17.5M
Q2 25
$-100.3M
$-14.5M
Q1 25
$108.5M
$29.0M
Q4 24
$274.8M
Q3 24
$221.1M
Q2 24
$1.1M
Q1 24
$23.4M
Free Cash Flow
RC
RC
XLO
XLO
Q4 25
$-2.1M
Q3 25
Q2 25
$-14.9M
Q1 25
$29.0M
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
RC
RC
XLO
XLO
Q4 25
-15.3%
Q3 25
Q2 25
-184.0%
Q1 25
988.3%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
RC
RC
XLO
XLO
Q4 25
0.7%
Q3 25
0.0%
Q2 25
5.0%
Q1 25
0.8%
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
RC
RC
XLO
XLO
Q4 25
-0.19×
Q3 25
Q2 25
Q1 25
1.32×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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