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Side-by-side financial comparison of REPLIGEN CORP (RGEN) and WABASH NATIONAL Corp (WNC). Click either name above to swap in a different company.

WABASH NATIONAL Corp is the larger business by last-quarter revenue ($303.2M vs $194.3M, roughly 1.6× REPLIGEN CORP). On growth, REPLIGEN CORP posted the faster year-over-year revenue change (14.8% vs -20.4%). Over the past eight quarters, REPLIGEN CORP's revenue compounded faster (12.3% CAGR vs -25.8%).

Repligen Corporation is a global life sciences company devoted to the development and commercialization of innovative bioprocessing technologies and systems that enable efficiencies in the process of manufacturing biological drugs.2025 The company is based in Waltham, Massachusetts,2014 and was incorporated in Delaware in 1981. A public company, Repligen is listed on the NASDAQ exchange under the symbol RGEN. As of 2025, Repligen employs over 1,900 employees globally and serves primarily biop...

Wabash is an American diversified industrial manufacturing company and one of North America's largest producers of semi-trailers and truck bodies. The company specializes in the design and production of dry freight vans, refrigerated vans, platform trailers, liquid tank trailers, truck bodies and composite products. Its products are sold primarily under the Wabash brand name since 2022. Prior to 2022, products were sold under: Wabash National, Transcraft, Benson, Walker Transport, Brenner Tan...

RGEN vs WNC — Head-to-Head

Bigger by revenue
WNC
WNC
1.6× larger
WNC
$303.2M
$194.3M
RGEN
Growing faster (revenue YoY)
RGEN
RGEN
+35.2% gap
RGEN
14.8%
-20.4%
WNC
Faster 2-yr revenue CAGR
RGEN
RGEN
Annualised
RGEN
12.3%
-25.8%
WNC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
RGEN
RGEN
WNC
WNC
Revenue
$194.3M
$303.2M
Net Profit
$8.3M
Gross Margin
55.7%
2.8%
Operating Margin
8.2%
1.3%
Net Margin
4.3%
Revenue YoY
14.8%
-20.4%
Net Profit YoY
42.9%
EPS (diluted)
$0.15
$-1.11

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
RGEN
RGEN
WNC
WNC
Q1 26
$194.3M
$303.2M
Q4 25
$197.9M
$321.5M
Q3 25
$188.8M
$381.6M
Q2 25
$182.4M
$458.8M
Q1 25
$169.2M
$380.9M
Q4 24
$174.1M
$416.8M
Q3 24
$154.9M
$464.0M
Q2 24
$154.1M
$550.6M
Net Profit
RGEN
RGEN
WNC
WNC
Q1 26
$8.3M
Q4 25
$13.3M
$-49.9M
Q3 25
$14.9M
$40.0M
Q2 25
$14.9M
$-9.6M
Q1 25
$5.8M
$230.9M
Q4 24
$-30.3M
$-1.0M
Q3 24
$-654.0K
$-330.2M
Q2 24
$3.3M
$29.0M
Gross Margin
RGEN
RGEN
WNC
WNC
Q1 26
55.7%
2.8%
Q4 25
52.5%
-1.9%
Q3 25
53.2%
4.1%
Q2 25
50.0%
9.0%
Q1 25
53.6%
5.0%
Q4 24
26.1%
10.3%
Q3 24
50.0%
12.1%
Q2 24
49.8%
16.3%
Operating Margin
RGEN
RGEN
WNC
WNC
Q1 26
8.2%
1.3%
Q4 25
9.0%
-18.6%
Q3 25
8.9%
15.1%
Q2 25
7.6%
-1.0%
Q1 25
3.9%
82.6%
Q4 24
-17.7%
0.9%
Q3 24
-5.1%
-93.3%
Q2 24
1.0%
7.9%
Net Margin
RGEN
RGEN
WNC
WNC
Q1 26
4.3%
Q4 25
6.7%
-15.5%
Q3 25
7.9%
10.5%
Q2 25
8.2%
-2.1%
Q1 25
3.4%
60.6%
Q4 24
-17.4%
-0.2%
Q3 24
-0.4%
-71.2%
Q2 24
2.2%
5.3%
EPS (diluted)
RGEN
RGEN
WNC
WNC
Q1 26
$0.15
$-1.11
Q4 25
$0.24
$-1.03
Q3 25
$0.26
$0.97
Q2 25
$0.26
$-0.23
Q1 25
$0.10
$5.36
Q4 24
$-0.55
$0.10
Q3 24
$-0.01
$-7.53
Q2 24
$0.06
$0.64

Balance Sheet & Financial Strength

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

Metric
RGEN
RGEN
WNC
WNC
Cash + ST InvestmentsLiquidity on hand
$582.6M
$43.4M
Total DebtLower is stronger
$498.0M
Stockholders' EquityBook value
Total Assets
$2.9B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RGEN
RGEN
WNC
WNC
Q1 26
$582.6M
$43.4M
Q4 25
$767.6M
$31.9M
Q3 25
$748.7M
$91.7M
Q2 25
$708.9M
$57.4M
Q1 25
$697.2M
$81.0M
Q4 24
$757.4M
$115.5M
Q3 24
$784.0M
$81.8M
Q2 24
$809.1M
$77.3M
Total Debt
RGEN
RGEN
WNC
WNC
Q1 26
$498.0M
Q4 25
$542.2M
Q3 25
$537.9M
$425.0M
Q2 25
$440.0M
Q1 25
$420.0M
Q4 24
$525.6M
$400.0M
Q3 24
$400.0M
Q2 24
$400.0M
Stockholders' Equity
RGEN
RGEN
WNC
WNC
Q1 26
Q4 25
$2.1B
$367.4M
Q3 25
$2.1B
$418.7M
Q2 25
$2.1B
$385.2M
Q1 25
$2.0B
$403.8M
Q4 24
$2.0B
$188.8M
Q3 24
$2.0B
$200.5M
Q2 24
$2.0B
$550.4M
Total Assets
RGEN
RGEN
WNC
WNC
Q1 26
$2.9B
$1.2B
Q4 25
$2.9B
$1.2B
Q3 25
$2.9B
$1.3B
Q2 25
$2.9B
$1.4B
Q1 25
$2.9B
$1.4B
Q4 24
$2.8B
$1.4B
Q3 24
$2.8B
$1.5B
Q2 24
$2.9B
$1.3B
Debt / Equity
RGEN
RGEN
WNC
WNC
Q1 26
Q4 25
0.26×
Q3 25
0.26×
1.01×
Q2 25
1.14×
Q1 25
1.04×
Q4 24
0.27×
2.12×
Q3 24
1.99×
Q2 24
0.73×

Cash Flow & Capital Efficiency

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

Metric
RGEN
RGEN
WNC
WNC
Operating Cash FlowLast quarter
$-33.7M
Free Cash FlowOCF − Capex
$-37.3M
FCF MarginFCF / Revenue
-12.3%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-41.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RGEN
RGEN
WNC
WNC
Q1 26
$-33.7M
Q4 25
$25.7M
$-57.4M
Q3 25
$48.1M
$85.2M
Q2 25
$28.6M
$-15.8M
Q1 25
$15.0M
$-272.0K
Q4 24
$39.2M
$80.9M
Q3 24
$49.3M
$42.8M
Q2 24
$42.2M
$11.0M
Free Cash Flow
RGEN
RGEN
WNC
WNC
Q1 26
$-37.3M
Q4 25
$17.6M
$-61.9M
Q3 25
$43.4M
$79.9M
Q2 25
$21.5M
$-22.1M
Q1 25
$11.4M
$-9.0M
Q4 24
$33.6M
$59.5M
Q3 24
$42.3M
$28.2M
Q2 24
$37.4M
$-6.1M
FCF Margin
RGEN
RGEN
WNC
WNC
Q1 26
-12.3%
Q4 25
8.9%
-19.3%
Q3 25
23.0%
20.9%
Q2 25
11.8%
-4.8%
Q1 25
6.8%
-2.4%
Q4 24
19.3%
14.3%
Q3 24
27.3%
6.1%
Q2 24
24.3%
-1.1%
Capex Intensity
RGEN
RGEN
WNC
WNC
Q1 26
1.1%
Q4 25
4.1%
1.4%
Q3 25
2.5%
1.4%
Q2 25
3.9%
1.4%
Q1 25
2.1%
2.3%
Q4 24
3.2%
5.1%
Q3 24
4.5%
3.1%
Q2 24
3.1%
3.1%
Cash Conversion
RGEN
RGEN
WNC
WNC
Q1 26
Q4 25
1.93×
Q3 25
3.23×
2.13×
Q2 25
1.92×
Q1 25
2.57×
-0.00×
Q4 24
Q3 24
Q2 24
12.70×
0.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RGEN
RGEN

Product$194.2M100%
Royalty and other revenue$44.0K0%

WNC
WNC

Segment breakdown not available.

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