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TG Therapeutics vs Telix Pharmaceuticals

Telix Pharmaceuticals is the larger business, with $804m of revenue in fiscal 2025 against $616m for TG Therapeutics (1.3 times as much). TG Therapeutics grew faster (87.3% against 55.6%). TG Therapeutics kept more of each dollar of sales as profit: a net margin of 72.6% against -0.9%. TG Therapeutics carries less debt relative to equity (37.9% against 97.5%).

Latest fiscal yearTG TherapeuticsTGTX, 2025Telix PharmaceuticalsTLX, 2025
Revenue $616m $804m
Revenue growth 87.3% 55.6%
Net income $447m −$7.1m
Operating margin 20.0% 3.7%
Net margin 72.6% -0.9%
Return on equity 102.8% -1.9%
Free cash flow −$25.0m −$43.0m
Cash $79.1m $142m
Total debt $246m $405m
Debt to equity 37.9% 97.5%
Dividend per share — —
Dividend yield — —
Share buybacks $91.2m —
Employees 399 —
Market value $9.32bn $3.05bn
Price vs our value range — —
Moat score 9 (Weak) —
Insider trades, 12 months 0 buys, 2 sales 3 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.