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Side-by-side financial comparison of Arcus Biosciences, Inc. (RCUS) and TH International Ltd (THCH). Click either name above to swap in a different company.

Arcus Biosciences, Inc. is the larger business by last-quarter revenue ($11.0M vs $6.6M, roughly 1.7× TH International Ltd). TH International Ltd runs the higher net margin — -41.2% vs -963.6%, a 922.5% gap on every dollar of revenue.

Precision BioSciences, Inc. is a publicly traded American clinical stage gene editing company headquartered in Durham, North Carolina. Founded in 2006, Precision is focused on developing both in vivo and ex vivo gene editing therapies using its proprietary "ARCUS" genome editing platform.

TH International Ltd is the exclusive operator of the Tim Hortons coffee brand in mainland China. It offers freshly brewed coffee, artisanal baked goods, light meals and branded peripheral products, operating physical offline stores and third-party delivery channels, targeting young urban consumers across tier 1, tier 2 and tier 3 cities in China.

RCUS vs THCH — Head-to-Head

Bigger by revenue
RCUS
RCUS
1.7× larger
RCUS
$11.0M
$6.6M
THCH
Higher net margin
THCH
THCH
922.5% more per $
THCH
-41.2%
-963.6%
RCUS

Income Statement — Q4 FY2025 vs Q1 FY2024

Metric
RCUS
RCUS
THCH
THCH
Revenue
$11.0M
$6.6M
Net Profit
$-106.0M
$-2.7M
Gross Margin
Operating Margin
-1036.4%
-37.3%
Net Margin
-963.6%
-41.2%
Revenue YoY
-52.2%
Net Profit YoY
-12.8%
EPS (diluted)
$-0.88

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
RCUS
RCUS
THCH
THCH
Q4 25
$11.0M
Q3 25
$6.0M
Q2 25
$8.0M
Q1 25
$8.0M
Q4 24
$23.0M
Q3 24
$7.0M
Q2 24
$11.0M
Q1 24
$10.0M
$6.6M
Net Profit
RCUS
RCUS
THCH
THCH
Q4 25
$-106.0M
Q3 25
$-135.0M
Q2 25
$0
Q1 25
$-112.0M
Q4 24
$-94.0M
Q3 24
$-92.0M
Q2 24
$-93.0M
Q1 24
$-4.0M
$-2.7M
Operating Margin
RCUS
RCUS
THCH
THCH
Q4 25
-1036.4%
Q3 25
-2366.7%
Q2 25
-100.0%
Q1 25
-1525.0%
Q4 24
-447.8%
Q3 24
-1500.0%
Q2 24
-963.6%
Q1 24
-160.0%
-37.3%
Net Margin
RCUS
RCUS
THCH
THCH
Q4 25
-963.6%
Q3 25
-2250.0%
Q2 25
Q1 25
-1400.0%
Q4 24
-408.7%
Q3 24
-1314.3%
Q2 24
-845.5%
Q1 24
-40.0%
-41.2%
EPS (diluted)
RCUS
RCUS
THCH
THCH
Q4 25
$-0.88
Q3 25
$-1.27
Q2 25
$0.00
Q1 25
$-1.14
Q4 24
$-1.07
Q3 24
$-1.00
Q2 24
$-1.02
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
RCUS
RCUS
THCH
THCH
Cash + ST InvestmentsLiquidity on hand
$222.0M
Total DebtLower is stronger
$99.0M
Stockholders' EquityBook value
$631.0M
Total Assets
$1.1B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RCUS
RCUS
THCH
THCH
Q4 25
$222.0M
Q3 25
$238.0M
Q2 25
$248.0M
Q1 25
$192.0M
Q4 24
$150.0M
Q3 24
$201.0M
Q2 24
$156.0M
Q1 24
$185.0M
Total Debt
RCUS
RCUS
THCH
THCH
Q4 25
$99.0M
Q3 25
$98.0M
Q2 25
$97.0M
Q1 25
$48.0M
Q4 24
$48.0M
Q3 24
$47.0M
Q2 24
Q1 24
Stockholders' Equity
RCUS
RCUS
THCH
THCH
Q4 25
$631.0M
Q3 25
$436.0M
Q2 25
$549.0M
Q1 25
$531.0M
Q4 24
$485.0M
Q3 24
$565.0M
Q2 24
$635.0M
Q1 24
$707.0M
Total Assets
RCUS
RCUS
THCH
THCH
Q4 25
$1.1B
Q3 25
$974.0M
Q2 25
$1.1B
Q1 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.3B
Q2 24
$1.2B
Q1 24
$1.3B
Debt / Equity
RCUS
RCUS
THCH
THCH
Q4 25
0.16×
Q3 25
0.22×
Q2 25
0.18×
Q1 25
0.09×
Q4 24
0.10×
Q3 24
0.08×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
RCUS
RCUS
THCH
THCH
Operating Cash FlowLast quarter
$-120.0M
$-511
Free Cash FlowOCF − Capex
$-121.0M
FCF MarginFCF / Revenue
-1100.0%
Capex IntensityCapex / Revenue
9.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RCUS
RCUS
THCH
THCH
Q4 25
$-120.0M
Q3 25
$-97.0M
Q2 25
$-133.0M
Q1 25
$-132.0M
Q4 24
$-100.0M
Q3 24
$26.0M
Q2 24
$-94.0M
Q1 24
$-2.0M
$-511
Free Cash Flow
RCUS
RCUS
THCH
THCH
Q4 25
$-121.0M
Q3 25
Q2 25
Q1 25
$-133.0M
Q4 24
$-101.0M
Q3 24
$25.0M
Q2 24
Q1 24
$-6.0M
FCF Margin
RCUS
RCUS
THCH
THCH
Q4 25
-1100.0%
Q3 25
Q2 25
Q1 25
-1662.5%
Q4 24
-439.1%
Q3 24
357.1%
Q2 24
Q1 24
-60.0%
Capex Intensity
RCUS
RCUS
THCH
THCH
Q4 25
9.1%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
12.5%
Q4 24
4.3%
Q3 24
14.3%
Q2 24
0.0%
Q1 24
40.0%

Financial Flow Comparison

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

Revenue Breakdown by Segment

RCUS
RCUS

Other$5.0M45%
Other Collaboration Revenue$4.0M36%
Access Rights And Option Continuation Periods$2.0M18%

THCH
THCH

Segment breakdown not available.

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