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Zenas BioPharma vs Evommune: ZBIO and EVMN compared

Zenas BioPharma is the larger company: $10.0M of revenue in its latest quarter (Q3 2026) against $10.0M for Evommune (Q3 2025).

Zenas BioPharma vs Evommune, latest quarterZenas BioPharma vs Evommune, latest quarterZenas BioPharma (ZBIO)Evommune (EVMN)Revenue$10.0M$10.0MOperating marginn/m-133.3%

Where the money goes: ZBIO and EVMN

Zenas BioPharma (ZBIO) · Q3 2026

Zenas BioPharma, Q3 2026: revenue $10.0M, net loss $109M, operating cash flow −$58.0M. The chart follows the revenue to costs, profit and cash.

Evommune (EVMN) · Q3 2025

Evommune, Q3 2025: revenue $10.0M, operating margin -133.3%, net loss $12.5M, operating cash flow −$9.6M. The chart follows the revenue to costs, profit and cash.

Zenas BioPharma (ZBIO)Evommune (EVMN)
Latest quarterQ3 2026Q3 2025
Revenue$10.0M$10.0M
Operating marginn/m-133.3%
Net earnings−$109M−$12.5M
Net margin—-124.8%
Operating cash flow−$58.0M−$9.6M

Questions

Which is bigger, Zenas BioPharma or Evommune?

Zenas BioPharma is the larger company: $10.0M of revenue in its latest quarter (Q3 2026) against $10.0M for Evommune (Q3 2025).

More: Zenas BioPharma earnings · how Zenas BioPharma makes money · Evommune earnings · how Evommune makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Dec 11, 2025). Fiscal quarters can end on different dates. Not investment advice.