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Rockwell Medical vs Tonix Pharmaceuticals Holding: RMTI and TNXP compared

Rockwell Medical is the larger company: $17.8M of revenue in its latest quarter (Q2 2026) against $17.2M for Tonix Pharmaceuticals Holding (Q3 2026). Tonix Pharmaceuticals Holding is growing faster (+424% against +11% a year earlier). Rockwell Medical is more profitable, with an operating margin of -6.0% against -321.6%.

Rockwell Medical vs Tonix Pharmaceuticals Holding, latest quarterRockwell Medical vs Tonix Pharmaceuticals Holding, latest quarterRockwell Medical (RMTI)Tonix Pharmaceuticals Holding (TNXP)Revenue$17.8M$17.2MRevenue growth, Y/Y+11%+424%Operating margin-6.0%-321.6%Net margin-6.6%-309.4%

Where the money goes: RMTI and TNXP

Rockwell Medical (RMTI) · Q2 2026

Rockwell Medical, Q2 2026: revenue $17.8M (+11% year over year), operating margin -6.0%, net loss $1.2M, operating cash flow $2.1M. The chart follows the revenue to costs, profit and cash.

Tonix Pharmaceuticals Holding (TNXP) · Q3 2026

Tonix Pharmaceuticals Holding, Q3 2026: revenue $17.2M (+424% year over year), operating margin -321.6%, net loss $53.3M, operating cash flow −$41.1M. The chart follows the revenue to costs, profit and cash.

Tonix Pharmaceuticals Holding revenue by segment, Q3 2026Tonix Pharmaceuticals Holding revenue by segment, Q3 2026Tonmya$15.0MZembrace Symtouch$1.5MTosymra$689K
Rockwell Medical (RMTI)Tonix Pharmaceuticals Holding (TNXP)
Latest quarterQ2 2026Q3 2026
Revenue$17.8M$17.2M
Revenue growth, Y/Y+11%+424%
Operating margin-6.0%-321.6%
Net earnings−$1.2M−$53.3M
Net margin-6.6%-309.4%
Operating cash flow$2.1M−$41.1M
Free cash flow$1.5M—

Where the revenue comes from

Tonix Pharmaceuticals Holding

Questions

Which is bigger, Rockwell Medical or Tonix Pharmaceuticals Holding?

Rockwell Medical is the larger company: $17.8M of revenue in its latest quarter (Q2 2026) against $17.2M for Tonix Pharmaceuticals Holding (Q3 2026).

Is Rockwell Medical or Tonix Pharmaceuticals Holding growing faster?

Tonix Pharmaceuticals Holding is growing faster (+424% against +11% a year earlier).

Which is more profitable, Rockwell Medical or Tonix Pharmaceuticals Holding?

Rockwell Medical is more profitable, with an operating margin of -6.0% against -321.6%.

More: Rockwell Medical earnings · how Rockwell Medical makes money · Tonix Pharmaceuticals Holding earnings · how Tonix Pharmaceuticals Holding makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 13, 2026; 10-Q filed Nov 9, 2026). Fiscal quarters can end on different dates. Not investment advice.