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Side-by-side financial comparison of TOYO Co., Ltd (TOYO) and Viridian Therapeutics, Inc.\DE (VRDN). Click either name above to swap in a different company.

TOYO Co., Ltd is the larger business by last-quarter revenue ($139.1M vs $70.6M, roughly 2.0× Viridian Therapeutics, Inc.\DE). TOYO Co., Ltd runs the higher net margin — 2.5% vs -49.0%, a 51.5% gap on every dollar of revenue. On growth, Viridian Therapeutics, Inc.\DE posted the faster year-over-year revenue change (81958.1% vs 0.7%). TOYO Co., Ltd produced more free cash flow last quarter ($-7.1M vs $-84.7M).

Toyo Tire Corporation , commonly known as Toyo Tires, is a multinational tire and rubber products company based in Itami, Japan. The company owns and operates eight factories in Asia, North America, and Europe and distributes tires and automotive components through fourteen sales companies throughout the world.

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

TOYO vs VRDN — Head-to-Head

Bigger by revenue
TOYO
TOYO
2.0× larger
TOYO
$139.1M
$70.6M
VRDN
Growing faster (revenue YoY)
VRDN
VRDN
+81957.4% gap
VRDN
81958.1%
0.7%
TOYO
Higher net margin
TOYO
TOYO
51.5% more per $
TOYO
2.5%
-49.0%
VRDN
More free cash flow
TOYO
TOYO
$77.7M more FCF
TOYO
$-7.1M
$-84.7M
VRDN

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
TOYO
TOYO
VRDN
VRDN
Revenue
$139.1M
$70.6M
Net Profit
$3.5M
$-34.6M
Gross Margin
16.6%
Operating Margin
7.0%
-56.7%
Net Margin
2.5%
-49.0%
Revenue YoY
0.7%
81958.1%
Net Profit YoY
-82.3%
54.9%
EPS (diluted)
$0.10

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
TOYO
TOYO
VRDN
VRDN
Q3 25
$70.6M
Q2 25
$139.1M
Q2 24
$138.1M
Net Profit
TOYO
TOYO
VRDN
VRDN
Q3 25
$-34.6M
Q2 25
$3.5M
Q2 24
$19.6M
Gross Margin
TOYO
TOYO
VRDN
VRDN
Q3 25
Q2 25
16.6%
Q2 24
19.3%
Operating Margin
TOYO
TOYO
VRDN
VRDN
Q3 25
-56.7%
Q2 25
7.0%
Q2 24
16.3%
Net Margin
TOYO
TOYO
VRDN
VRDN
Q3 25
-49.0%
Q2 25
2.5%
Q2 24
14.2%
EPS (diluted)
TOYO
TOYO
VRDN
VRDN
Q3 25
Q2 25
$0.10
Q2 24
$0.48

Balance Sheet & Financial Strength

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

Metric
TOYO
TOYO
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$490.9M
Total DebtLower is stronger
$13.7M
Stockholders' EquityBook value
$67.0M
$503.0M
Total Assets
$353.6M
$577.1M
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TOYO
TOYO
VRDN
VRDN
Q3 25
$490.9M
Q2 25
Q2 24
Total Debt
TOYO
TOYO
VRDN
VRDN
Q3 25
Q2 25
$13.7M
Q2 24
$22.4M
Stockholders' Equity
TOYO
TOYO
VRDN
VRDN
Q3 25
$503.0M
Q2 25
$67.0M
Q2 24
$73.4M
Total Assets
TOYO
TOYO
VRDN
VRDN
Q3 25
$577.1M
Q2 25
$353.6M
Q2 24
$241.4M
Debt / Equity
TOYO
TOYO
VRDN
VRDN
Q3 25
Q2 25
0.20×
Q2 24
0.31×

Cash Flow & Capital Efficiency

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

Metric
TOYO
TOYO
VRDN
VRDN
Operating Cash FlowLast quarter
$40.0M
$-84.6M
Free Cash FlowOCF − Capex
$-7.1M
$-84.7M
FCF MarginFCF / Revenue
-5.1%
-120.1%
Capex IntensityCapex / Revenue
33.9%
0.2%
Cash ConversionOCF / Net Profit
11.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TOYO
TOYO
VRDN
VRDN
Q3 25
$-84.6M
Q2 25
$40.0M
Q2 24
$21.8M
Free Cash Flow
TOYO
TOYO
VRDN
VRDN
Q3 25
$-84.7M
Q2 25
$-7.1M
Q2 24
$5.2M
FCF Margin
TOYO
TOYO
VRDN
VRDN
Q3 25
-120.1%
Q2 25
-5.1%
Q2 24
3.8%
Capex Intensity
TOYO
TOYO
VRDN
VRDN
Q3 25
0.2%
Q2 25
33.9%
Q2 24
12.0%
Cash Conversion
TOYO
TOYO
VRDN
VRDN
Q3 25
Q2 25
11.55×
Q2 24
1.11×

Financial Flow Comparison

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

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