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Side-by-side financial comparison of RIGEL PHARMACEUTICALS INC (RIGL) and Turning Point Brands, Inc. (TPB). Click either name above to swap in a different company.

Turning Point Brands, Inc. is the larger business by last-quarter revenue ($121.0M vs $69.8M, roughly 1.7× RIGEL PHARMACEUTICALS INC). RIGEL PHARMACEUTICALS INC runs the higher net margin — 384.0% vs 6.8%, a 377.3% gap on every dollar of revenue. On growth, Turning Point Brands, Inc. posted the faster year-over-year revenue change (29.2% vs 21.2%). Over the past eight quarters, RIGEL PHARMACEUTICALS INC's revenue compounded faster (53.7% CAGR vs 20.7%).

Rigel Pharmaceuticals Inc is a clinical-stage biotechnology company focused on developing and commercializing targeted small molecule therapies for autoimmune, inflammatory, and hematologic diseases. Its approved flagship product treats adult immune thrombocytopenia, with primary operations and core markets in the United States, addressing unmet medical needs for underserved patient groups.

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

RIGL vs TPB — Head-to-Head

Bigger by revenue
TPB
TPB
1.7× larger
TPB
$121.0M
$69.8M
RIGL
Growing faster (revenue YoY)
TPB
TPB
+8.0% gap
TPB
29.2%
21.2%
RIGL
Higher net margin
RIGL
RIGL
377.3% more per $
RIGL
384.0%
6.8%
TPB
Faster 2-yr revenue CAGR
RIGL
RIGL
Annualised
RIGL
53.7%
20.7%
TPB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RIGL
RIGL
TPB
TPB
Revenue
$69.8M
$121.0M
Net Profit
$268.1M
$8.2M
Gross Margin
91.5%
55.9%
Operating Margin
33.2%
16.5%
Net Margin
384.0%
6.8%
Revenue YoY
21.2%
29.2%
Net Profit YoY
1769.2%
239.8%
EPS (diluted)
$14.11
$0.40

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
RIGL
RIGL
TPB
TPB
Q4 25
$69.8M
$121.0M
Q3 25
$69.5M
$119.0M
Q2 25
$101.7M
$116.6M
Q1 25
$53.3M
$106.4M
Q4 24
$57.6M
$93.7M
Q3 24
$55.3M
$90.7M
Q2 24
$36.8M
$93.2M
Q1 24
$29.5M
$83.1M
Net Profit
RIGL
RIGL
TPB
TPB
Q4 25
$268.1M
$8.2M
Q3 25
$27.9M
$21.1M
Q2 25
$59.6M
$14.5M
Q1 25
$11.4M
$14.4M
Q4 24
$14.3M
$2.4M
Q3 24
$12.4M
$12.4M
Q2 24
$-1.0M
$13.0M
Q1 24
$-8.2M
$12.0M
Gross Margin
RIGL
RIGL
TPB
TPB
Q4 25
91.5%
55.9%
Q3 25
93.2%
59.2%
Q2 25
95.6%
57.1%
Q1 25
91.7%
56.0%
Q4 24
89.9%
56.0%
Q3 24
85.5%
55.6%
Q2 24
92.4%
54.1%
Q1 24
93.1%
58.2%
Operating Margin
RIGL
RIGL
TPB
TPB
Q4 25
33.2%
16.5%
Q3 25
40.9%
21.8%
Q2 25
60.1%
22.6%
Q1 25
23.9%
21.8%
Q4 24
28.9%
19.1%
Q3 24
25.4%
22.9%
Q2 24
1.2%
24.5%
Q1 24
-23.6%
23.2%
Net Margin
RIGL
RIGL
TPB
TPB
Q4 25
384.0%
6.8%
Q3 25
40.2%
17.7%
Q2 25
58.6%
12.4%
Q1 25
21.5%
13.5%
Q4 24
24.9%
2.6%
Q3 24
22.5%
13.6%
Q2 24
-2.8%
14.0%
Q1 24
-27.9%
14.5%
EPS (diluted)
RIGL
RIGL
TPB
TPB
Q4 25
$14.11
$0.40
Q3 25
$1.46
$1.13
Q2 25
$3.28
$0.79
Q1 25
$0.63
$0.79
Q4 24
$0.82
$0.15
Q3 24
$0.70
$0.68
Q2 24
$-0.06
$0.68
Q1 24
$-0.47
$0.63

Balance Sheet & Financial Strength

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

Metric
RIGL
RIGL
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$155.0M
$222.8M
Total DebtLower is stronger
$52.5M
Stockholders' EquityBook value
$391.5M
$372.0M
Total Assets
$513.6M
$763.8M
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RIGL
RIGL
TPB
TPB
Q4 25
$155.0M
$222.8M
Q3 25
$137.1M
$201.2M
Q2 25
$108.4M
$109.9M
Q1 25
$77.1M
$99.6M
Q4 24
$77.3M
$48.9M
Q3 24
$61.1M
$33.6M
Q2 24
$49.1M
$142.2M
Q1 24
$49.5M
$130.9M
Total Debt
RIGL
RIGL
TPB
TPB
Q4 25
$52.5M
Q3 25
$60.0M
Q2 25
$60.0M
Q1 25
$60.0M
Q4 24
$60.0M
Q3 24
$60.0M
Q2 24
$60.0M
Q1 24
$60.0M
Stockholders' Equity
RIGL
RIGL
TPB
TPB
Q4 25
$391.5M
$372.0M
Q3 25
$117.6M
$358.2M
Q2 25
$81.9M
$224.8M
Q1 25
$18.6M
$203.4M
Q4 24
$3.3M
$190.4M
Q3 24
$-14.6M
$185.7M
Q2 24
$-29.9M
$172.8M
Q1 24
$-31.7M
$160.0M
Total Assets
RIGL
RIGL
TPB
TPB
Q4 25
$513.6M
$763.8M
Q3 25
$242.5M
$742.8M
Q2 25
$206.7M
$595.8M
Q1 25
$176.0M
$564.6M
Q4 24
$164.0M
$493.4M
Q3 24
$139.4M
$488.0M
Q2 24
$128.4M
$591.6M
Q1 24
$126.5M
$586.3M
Debt / Equity
RIGL
RIGL
TPB
TPB
Q4 25
0.13×
Q3 25
0.51×
Q2 25
0.73×
Q1 25
3.23×
Q4 24
18.25×
Q3 24
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
RIGL
RIGL
TPB
TPB
Operating Cash FlowLast quarter
$22.0M
$24.9M
Free Cash FlowOCF − Capex
$21.5M
FCF MarginFCF / Revenue
17.8%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
0.08×
3.03×
TTM Free Cash FlowTrailing 4 quarters
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RIGL
RIGL
TPB
TPB
Q4 25
$22.0M
$24.9M
Q3 25
$24.0M
$3.3M
Q2 25
$30.5M
$11.8M
Q1 25
$-893.0K
$17.4M
Q4 24
$14.5M
$17.7M
Q3 24
$21.7M
$13.2M
Q2 24
$302.0K
$13.4M
Q1 24
$-5.0M
$22.6M
Free Cash Flow
RIGL
RIGL
TPB
TPB
Q4 25
$21.5M
Q3 25
$-721.0K
Q2 25
$7.8M
Q1 25
$15.2M
Q4 24
$16.6M
Q3 24
$12.6M
Q2 24
$10.9M
Q1 24
$22.3M
FCF Margin
RIGL
RIGL
TPB
TPB
Q4 25
17.8%
Q3 25
-0.6%
Q2 25
6.7%
Q1 25
14.3%
Q4 24
17.8%
Q3 24
13.9%
Q2 24
11.7%
Q1 24
26.8%
Capex Intensity
RIGL
RIGL
TPB
TPB
Q4 25
2.8%
Q3 25
3.4%
Q2 25
3.4%
Q1 25
2.1%
Q4 24
1.2%
Q3 24
0.7%
Q2 24
2.7%
Q1 24
0.4%
Cash Conversion
RIGL
RIGL
TPB
TPB
Q4 25
0.08×
3.03×
Q3 25
0.86×
0.16×
Q2 25
0.51×
0.82×
Q1 25
-0.08×
1.21×
Q4 24
1.01×
7.34×
Q3 24
1.75×
1.07×
Q2 24
1.03×
Q1 24
1.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RIGL
RIGL

Segment breakdown not available.

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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