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Side-by-side financial comparison of Xiao-I Corp (AIXI) and Invesco Mortgage Capital Inc. (IVR). Click either name above to swap in a different company.

Invesco Mortgage Capital Inc. is the larger business by last-quarter revenue ($21.3M vs $11.5M, roughly 1.8× Xiao-I Corp). Invesco Mortgage Capital Inc. runs the higher net margin — 242.2% vs -263.9%, a 506.1% gap on every dollar of revenue.

Xiao-i is a Chinese cognitive artificial intelligence enterprise founded in 2001.

Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.

AIXI vs IVR — Head-to-Head

Bigger by revenue
IVR
IVR
1.8× larger
IVR
$21.3M
$11.5M
AIXI
Higher net margin
IVR
IVR
506.1% more per $
IVR
242.2%
-263.9%
AIXI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AIXI
AIXI
IVR
IVR
Revenue
$11.5M
$21.3M
Net Profit
$-30.4M
$51.5M
Gross Margin
58.1%
Operating Margin
-254.9%
Net Margin
-263.9%
242.2%
Revenue YoY
55.4%
Net Profit YoY
1368.7%
EPS (diluted)
$0.72

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
AIXI
AIXI
IVR
IVR
Q4 25
$21.3M
Q3 25
$17.6M
Q2 25
$11.5M
$17.7M
Q1 25
$18.8M
Q4 24
$13.7M
Q3 24
$7.5M
Q2 24
$33.0M
$8.6M
Q1 24
$7.0M
Net Profit
AIXI
AIXI
IVR
IVR
Q4 25
$51.5M
Q3 25
$53.5M
Q2 25
$-30.4M
$-23.3M
Q1 25
$19.6M
Q4 24
$3.5M
Q3 24
$40.7M
Q2 24
$-15.5M
$-13.5M
Q1 24
$29.1M
Gross Margin
AIXI
AIXI
IVR
IVR
Q4 25
Q3 25
Q2 25
58.1%
Q1 25
Q4 24
Q3 24
Q2 24
64.5%
Q1 24
Operating Margin
AIXI
AIXI
IVR
IVR
Q4 25
Q3 25
Q2 25
-254.9%
Q1 25
Q4 24
Q3 24
Q2 24
-45.0%
Q1 24
Net Margin
AIXI
AIXI
IVR
IVR
Q4 25
242.2%
Q3 25
303.6%
Q2 25
-263.9%
-131.6%
Q1 25
104.4%
Q4 24
25.6%
Q3 24
542.2%
Q2 24
-47.2%
-155.9%
Q1 24
415.9%
EPS (diluted)
AIXI
AIXI
IVR
IVR
Q4 25
$0.72
Q3 25
$0.74
Q2 25
$-0.40
Q1 25
$0.26
Q4 24
$-0.09
Q3 24
$0.63
Q2 24
$-0.64
$-0.38
Q1 24
$0.49

Balance Sheet & Financial Strength

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

Metric
AIXI
AIXI
IVR
IVR
Cash + ST InvestmentsLiquidity on hand
$5.0M
$56.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$797.5M
Total Assets
$82.4M
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIXI
AIXI
IVR
IVR
Q4 25
$56.0M
Q3 25
$58.5M
Q2 25
$5.0M
$59.4M
Q1 25
$42.9M
Q4 24
$73.4M
Q3 24
$48.3M
Q2 24
$1.8M
$58.8M
Q1 24
$59.9M
Stockholders' Equity
AIXI
AIXI
IVR
IVR
Q4 25
$797.5M
Q3 25
$769.6M
Q2 25
$709.4M
Q1 25
$759.2M
Q4 24
$730.7M
Q3 24
$857.0M
Q2 24
$759.2M
Q1 24
$785.6M
Total Assets
AIXI
AIXI
IVR
IVR
Q4 25
$6.5B
Q3 25
$6.0B
Q2 25
$82.4M
$5.4B
Q1 25
$6.2B
Q4 24
$5.7B
Q3 24
$6.1B
Q2 24
$87.6M
$5.1B
Q1 24
$5.2B

Cash Flow & Capital Efficiency

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

Metric
AIXI
AIXI
IVR
IVR
Operating Cash FlowLast quarter
$-2.3M
$157.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.05×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIXI
AIXI
IVR
IVR
Q4 25
$157.1M
Q3 25
$37.3M
Q2 25
$-2.3M
$40.6M
Q1 25
$19.3M
Q4 24
$183.2M
Q3 24
$30.8M
Q2 24
$33.0M
Q1 24
$57.5M
Cash Conversion
AIXI
AIXI
IVR
IVR
Q4 25
3.05×
Q3 25
0.70×
Q2 25
Q1 25
0.98×
Q4 24
52.24×
Q3 24
0.76×
Q2 24
Q1 24
1.97×

Financial Flow Comparison

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

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