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Immucell vs Alpha Teknova: revenue, profit, margins and growth compared

Immucell brought in $27.6M of revenue in fiscal 2025, Alpha Teknova $40.5M in fiscal 2025. Revenue changed by +4.3% at Immucell and +7.4% at Alpha Teknova on the year before, so Alpha Teknova grew faster. Immucell kept -3.8% of its revenue as net profit, Alpha Teknova -42.6%. Free cash flow was $1.2M at Immucell and -$9.8M at Alpha Teknova.

Side by side, latest fiscal year

ICCCTKNO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$27.6M$40.5M
Revenue growth+4.3%+7.4%
Net income-$1M-$17.3M
Net margin-3.8%-42.6%
Free cash flow$1.2M-$9.8M
Free cash flow margin4.4%-24.2%
Earnings per share (diluted)-$0.12-$0.32
Cash$3.8M$5.9M
Debt$9.1M$13.1M
Price to earningsn/an/a
Market value$90.1M$500.9M
Dividend yieldn/an/a
Rank by revenue in sector#396 of 523 · Health care#376 of 523 · Health care

Over the years

Revenue
ICCC FY2018: $11MICCC FY2019: $13.7MICCC FY2020: $15.3MICCC FY2021: $19.2MICCC FY2022: $18.6MICCC FY2023: $17.5MICCC FY2024: $26.5MICCC FY2025: $27.6MTKNO FY2021: $31.3MTKNO FY2021: $36.9MTKNO FY2022: $41.4MTKNO FY2023: $36.7MTKNO FY2024: $37.7MTKNO FY2025: $40.5MFY18FY19FY20FY21FY22FY23FY24FY25
ICCC $27.6MTKNO $40.5M
Net income
ICCC FY2018: -$2.3MICCC FY2019: -$1.3MICCC FY2020: -$1MICCC FY2021: -$78.3KICCC FY2022: -$2.5MICCC FY2023: -$5.8MICCC FY2024: -$2.2MICCC FY2025: -$1MTKNO FY2021: $3.6MTKNO FY2021: -$9.8MTKNO FY2022: -$47.5MTKNO FY2023: -$36.8MTKNO FY2024: -$26.7MTKNO FY2025: -$17.3MFY18FY19FY20FY21FY22FY23FY24FY25
ICCC -$1MTKNO -$17.3M
Net margin
ICCC FY2018: -21.1%ICCC FY2019: -9.4%ICCC FY2020: -6.7%ICCC FY2021: -0.4%ICCC FY2022: -13.4%ICCC FY2023: -33.1%ICCC FY2024: -8.1%ICCC FY2025: -3.8%TKNO FY2021: 11.4%TKNO FY2021: -26.6%TKNO FY2022: -114.6%TKNO FY2023: -100.3%TKNO FY2024: -70.9%TKNO FY2025: -42.6%FY18FY19FY20FY21FY22FY23FY24FY25
ICCC -3.8%TKNO -42.6%
Revenue growth
ICCC FY2019: +24.9%ICCC FY2020: +11.8%ICCC FY2021: +25.4%ICCC FY2022: -3.5%ICCC FY2023: -5.9%ICCC FY2024: +51.6%ICCC FY2025: +4.3%TKNO FY2021: +17.9%TKNO FY2022: +12.3%TKNO FY2023: -11.4%TKNO FY2024: +2.9%TKNO FY2025: +7.4%FY19FY20FY21FY22FY23FY24FY25
ICCC +4.3%TKNO +7.4%
Free cash flow
ICCC FY2018: -$2.4MICCC FY2019: -$1.2MICCC FY2020: -$2.8MICCC FY2021: -$1.7MICCC FY2022: -$5.5MICCC FY2023: -$6.6MICCC FY2024: -$107.8KICCC FY2025: $1.2MTKNO FY2021: -$3MTKNO FY2021: -$28.9MTKNO FY2022: -$55.5MTKNO FY2023: -$26.7MTKNO FY2024: -$13.5MTKNO FY2025: -$9.8MFY18FY19FY20FY21FY22FY23FY24FY25
ICCC $1.2MTKNO -$9.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Immucell and Alpha Teknova

Which is bigger by revenue, Immucell or Alpha Teknova?

Alpha Teknova is bigger by revenue: $40.5M in fiscal 2025, against $27.6M for Immucell in fiscal 2025.

Which keeps more of its revenue as profit, Immucell or Alpha Teknova?

Immucell had a net margin of -3.8% in fiscal 2025; Alpha Teknova had -42.6% in fiscal 2025.

Which grew revenue faster, Immucell or Alpha Teknova?

In their latest fiscal years revenue changed by +4.3% at Immucell and +7.4% at Alpha Teknova.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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