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Side-by-side financial comparison of Acadian Asset Management Inc. (AAMI) and Oncology Institute, Inc. (TOI). Click either name above to swap in a different company.

Acadian Asset Management Inc. is the larger business by last-quarter revenue ($172.2M vs $142.0M, roughly 1.2× Oncology Institute, Inc.). Acadian Asset Management Inc. runs the higher net margin — 20.2% vs -5.3%, a 25.4% gap on every dollar of revenue. On growth, Oncology Institute, Inc. posted the faster year-over-year revenue change (41.6% vs 2.6%). Over the past eight quarters, Acadian Asset Management Inc.'s revenue compounded faster (27.6% CAGR vs 22.5%).

United Asset Management was an American holding company headquartered in Boston, Massachusetts.

Oncology Institute, Inc. is a specialized healthcare enterprise focused on delivering patient-centric, evidence-based oncology care services, including advanced treatment regimens, clinical trial access, and supportive care programs. It primarily operates across the United States, serving patients with diverse cancer diagnoses and partnering with care teams to improve treatment outcomes.

AAMI vs TOI — Head-to-Head

Bigger by revenue
AAMI
AAMI
1.2× larger
AAMI
$172.2M
$142.0M
TOI
Growing faster (revenue YoY)
TOI
TOI
+39.0% gap
TOI
41.6%
2.6%
AAMI
Higher net margin
AAMI
AAMI
25.4% more per $
AAMI
20.2%
-5.3%
TOI
Faster 2-yr revenue CAGR
AAMI
AAMI
Annualised
AAMI
27.6%
22.5%
TOI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AAMI
AAMI
TOI
TOI
Revenue
$172.2M
$142.0M
Net Profit
$34.7M
$-7.5M
Gross Margin
Operating Margin
33.3%
-4.9%
Net Margin
20.2%
-5.3%
Revenue YoY
2.6%
41.6%
Net Profit YoY
-18.4%
43.0%
EPS (diluted)
$0.97
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAMI
AAMI
TOI
TOI
Q4 25
$172.2M
$142.0M
Q3 25
$144.2M
$136.6M
Q2 25
$127.4M
$119.8M
Q1 25
$119.9M
$104.4M
Q4 24
$167.8M
$100.3M
Q3 24
$123.1M
$99.9M
Q2 24
$109.0M
$98.6M
Q1 24
$105.7M
$94.7M
Net Profit
AAMI
AAMI
TOI
TOI
Q4 25
$34.7M
$-7.5M
Q3 25
$15.1M
$-16.5M
Q2 25
$10.1M
$-17.0M
Q1 25
$20.1M
$-19.6M
Q4 24
$42.5M
$-13.2M
Q3 24
$16.9M
$-16.1M
Q2 24
$11.0M
$-15.5M
Q1 24
$14.6M
$-19.9M
Operating Margin
AAMI
AAMI
TOI
TOI
Q4 25
33.3%
-4.9%
Q3 25
18.4%
-5.9%
Q2 25
12.7%
-9.4%
Q1 25
26.6%
-9.5%
Q4 24
38.7%
-11.9%
Q3 24
21.9%
-13.9%
Q2 24
18.9%
-16.6%
Q1 24
21.7%
-19.0%
Net Margin
AAMI
AAMI
TOI
TOI
Q4 25
20.2%
-5.3%
Q3 25
10.5%
-12.1%
Q2 25
7.9%
-14.2%
Q1 25
16.8%
-18.8%
Q4 24
25.3%
-13.1%
Q3 24
13.7%
-16.1%
Q2 24
10.1%
-15.7%
Q1 24
13.8%
-21.0%
EPS (diluted)
AAMI
AAMI
TOI
TOI
Q4 25
$0.97
$-0.04
Q3 25
$0.42
$-0.14
Q2 25
$0.28
$-0.15
Q1 25
$0.54
$-0.21
Q4 24
$1.11
$-0.14
Q3 24
$0.45
$-0.18
Q2 24
$0.29
$-0.17
Q1 24
$0.37
$-0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAMI
AAMI
TOI
TOI
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$200.0M
Stockholders' EquityBook value
$-15.7M
Total Assets
$677.0M
$164.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAMI
AAMI
TOI
TOI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$9.9M
Q1 24
$29.8M
Total Debt
AAMI
AAMI
TOI
TOI
Q4 25
$200.0M
Q3 25
Q2 25
Q1 25
Q4 24
$275.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AAMI
AAMI
TOI
TOI
Q4 25
$-15.7M
Q3 25
$-12.3M
Q2 25
$-9.0M
Q1 25
$5.1M
Q4 24
$3.6M
Q3 24
$15.5M
Q2 24
$29.2M
Q1 24
$41.3M
Total Assets
AAMI
AAMI
TOI
TOI
Q4 25
$677.0M
$164.7M
Q3 25
$751.4M
$163.6M
Q2 25
$672.3M
$159.8M
Q1 25
$677.3M
$164.0M
Q4 24
$703.2M
$172.7M
Q3 24
$555.2M
$179.2M
Q2 24
$533.1M
$179.6M
Q1 24
$544.9M
$204.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAMI
AAMI
TOI
TOI
Operating Cash FlowLast quarter
$-2.4M
$3.2M
Free Cash FlowOCF − Capex
$2.2M
FCF MarginFCF / Revenue
1.5%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
-0.07×
TTM Free Cash FlowTrailing 4 quarters
$-27.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAMI
AAMI
TOI
TOI
Q4 25
$-2.4M
$3.2M
Q3 25
$-23.9M
$-12.6M
Q2 25
$61.6M
$-10.2M
Q1 25
$-48.8M
$-5.0M
Q4 24
$55.8M
$4.2M
Q3 24
$69.6M
$819.0K
Q2 24
$45.7M
$-15.7M
Q1 24
$-40.4M
$-15.9M
Free Cash Flow
AAMI
AAMI
TOI
TOI
Q4 25
$2.2M
Q3 25
$-13.2M
Q2 25
$-11.4M
Q1 25
$-5.3M
Q4 24
$2.4M
Q3 24
$417.0K
Q2 24
$-17.5M
Q1 24
$-16.5M
FCF Margin
AAMI
AAMI
TOI
TOI
Q4 25
1.5%
Q3 25
-9.7%
Q2 25
-9.5%
Q1 25
-5.1%
Q4 24
2.4%
Q3 24
0.4%
Q2 24
-17.7%
Q1 24
-17.4%
Capex Intensity
AAMI
AAMI
TOI
TOI
Q4 25
0.7%
Q3 25
0.4%
Q2 25
1.0%
Q1 25
0.3%
Q4 24
1.8%
Q3 24
0.4%
Q2 24
1.9%
Q1 24
0.6%
Cash Conversion
AAMI
AAMI
TOI
TOI
Q4 25
-0.07×
Q3 25
-1.58×
Q2 25
6.10×
Q1 25
-2.43×
Q4 24
1.31×
Q3 24
4.12×
Q2 24
4.15×
Q1 24
-2.77×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAMI
AAMI

Segment breakdown not available.

TOI
TOI

Other$82.1M58%
Fee For Service$36.3M26%
Capitated Revenue$23.6M17%

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