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Apnimed vs Biofrontera: APMD and BFRI compared

Apnimed is the larger company: $12.1M of revenue in its latest quarter (Q2 2026) against $12.0M for Biofrontera (Q2 2026). Biofrontera is growing faster (+33% against -29% a year earlier). Biofrontera is more profitable, with an operating margin of -4.4% against -96.9%.

Apnimed vs Biofrontera, latest quarterApnimed vs Biofrontera, latest quarterApnimed (APMD)Biofrontera (BFRI)Revenue$12.1M$12.0MRevenue growth, Y/Y-29%+33%Operating margin-96.9%-4.4%

Where the money goes: APMD and BFRI

Apnimed (APMD) · Q2 2026

Apnimed, Q2 2026: revenue $12.1M (-29% year over year), operating margin -96.9%, net earnings $126M. The chart follows the revenue to costs, profit and cash.

Biofrontera (BFRI) · Q2 2026

Biofrontera, Q2 2026: revenue $12.0M (+33% year over year), operating margin -4.4%, net loss $604K, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.

Apnimed (APMD)Biofrontera (BFRI)
Latest quarterQ2 2026Q2 2026
Revenue$12.1M$12.0M
Revenue growth, Y/Y-29%+33%
Operating margin-96.9%-4.4%
Net earnings$126M−$604K
Net margin—-5.0%
Operating cash flow—−$1.7M

Questions

Which is bigger, Apnimed or Biofrontera?

Apnimed is the larger company: $12.1M of revenue in its latest quarter (Q2 2026) against $12.0M for Biofrontera (Q2 2026).

Is Apnimed or Biofrontera growing faster?

Biofrontera is growing faster (+33% against -29% a year earlier).

Which is more profitable, Apnimed or Biofrontera?

Biofrontera is more profitable, with an operating margin of -4.4% against -96.9%.

More: Apnimed earnings · how Apnimed makes money · Biofrontera earnings · how Biofrontera makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Sep 8, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.