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Side-by-side financial comparison of Alto Ingredients, Inc. (ALTO) and Hinge Health, Inc. (HNGE). Click either name above to swap in a different company.

Alto Ingredients, Inc. is the larger business by last-quarter revenue ($232.0M vs $182.3M, roughly 1.3× Hinge Health, Inc.). Hinge Health, Inc. runs the higher net margin — 19.3% vs 9.4%, a 9.9% gap on every dollar of revenue. On growth, Hinge Health, Inc. posted the faster year-over-year revenue change (47.2% vs -1.9%). Hinge Health, Inc. produced more free cash flow last quarter ($41.6M vs $7.6M).

Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in over 150 countries, including 85 of the Fortune 100. It is home to the Unit 42 threat research team and hosts the Ignite cybersecurity conference. It is a partner organizati...

Hinge Health is a leading digital musculoskeletal care solution provider that delivers clinically validated programs combining exercise therapy, pain management, and one-on-one health coaching for employers, health plans, and individual users across North America and Europe, focused on reducing chronic musculoskeletal pain and improving long-term physical health outcomes.

ALTO vs HNGE — Head-to-Head

Bigger by revenue
ALTO
ALTO
1.3× larger
ALTO
$232.0M
$182.3M
HNGE
Growing faster (revenue YoY)
HNGE
HNGE
+49.1% gap
HNGE
47.2%
-1.9%
ALTO
Higher net margin
HNGE
HNGE
9.9% more per $
HNGE
19.3%
9.4%
ALTO
More free cash flow
HNGE
HNGE
$34.0M more FCF
HNGE
$41.6M
$7.6M
ALTO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALTO
ALTO
HNGE
HNGE
Revenue
$232.0M
$182.3M
Net Profit
$21.8M
$35.1M
Gross Margin
6.5%
84.6%
Operating Margin
3.2%
17.6%
Net Margin
9.4%
19.3%
Revenue YoY
-1.9%
47.2%
Net Profit YoY
152.3%
105.0%
EPS (diluted)
$0.28
$0.41

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
ALTO
ALTO
HNGE
HNGE
Q1 26
$182.3M
Q4 25
$232.0M
Q3 25
$241.0M
$154.2M
Q2 25
$218.4M
$139.1M
Q1 25
$226.5M
Q4 24
$236.3M
Q3 24
$251.8M
Q2 24
$236.5M
Net Profit
ALTO
ALTO
HNGE
HNGE
Q1 26
$35.1M
Q4 25
$21.8M
Q3 25
$14.2M
$-1.8M
Q2 25
$-11.0M
$-575.7M
Q1 25
$-11.7M
Q4 24
$-41.7M
Q3 24
$-2.4M
Q2 24
$-3.1M
Gross Margin
ALTO
ALTO
HNGE
HNGE
Q1 26
84.6%
Q4 25
6.5%
Q3 25
9.7%
81.8%
Q2 25
-0.9%
70.3%
Q1 25
-0.8%
Q4 24
-0.6%
Q3 24
2.4%
Q2 24
3.2%
Operating Margin
ALTO
ALTO
HNGE
HNGE
Q1 26
17.6%
Q4 25
3.2%
Q3 25
7.0%
-4.0%
Q2 25
-3.7%
-417.5%
Q1 25
-4.0%
Q4 24
-16.6%
Q3 24
-0.3%
Q2 24
-0.6%
Net Margin
ALTO
ALTO
HNGE
HNGE
Q1 26
19.3%
Q4 25
9.4%
Q3 25
5.9%
-1.2%
Q2 25
-5.0%
-413.8%
Q1 25
-5.2%
Q4 24
-17.6%
Q3 24
-1.0%
Q2 24
-1.3%
EPS (diluted)
ALTO
ALTO
HNGE
HNGE
Q1 26
$0.41
Q4 25
$0.28
Q3 25
$0.19
$-0.02
Q2 25
$-0.15
$-13.10
Q1 25
$-0.16
Q4 24
$-0.56
Q3 24
$-0.04
Q2 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
ALTO
ALTO
HNGE
HNGE
Cash + ST InvestmentsLiquidity on hand
$23.4M
$186.7M
Total DebtLower is stronger
$84.6M
Stockholders' EquityBook value
$245.2M
$111.7M
Total Assets
$388.8M
$728.8M
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALTO
ALTO
HNGE
HNGE
Q1 26
$186.7M
Q4 25
$23.4M
Q3 25
$32.5M
$480.0M
Q2 25
$29.8M
$413.3M
Q1 25
$26.8M
Q4 24
$35.5M
Q3 24
$33.6M
Q2 24
$27.1M
Total Debt
ALTO
ALTO
HNGE
HNGE
Q1 26
Q4 25
$84.6M
Q3 25
$106.0M
Q2 25
$124.2M
Q1 25
$117.0M
Q4 24
$99.7M
Q3 24
$90.6M
Q2 24
$98.6M
Stockholders' Equity
ALTO
ALTO
HNGE
HNGE
Q1 26
$111.7M
Q4 25
$245.2M
Q3 25
$222.4M
$208.0M
Q2 25
$207.8M
$173.8M
Q1 25
$213.9M
Q4 24
$225.1M
Q3 24
$263.9M
Q2 24
$265.8M
Total Assets
ALTO
ALTO
HNGE
HNGE
Q1 26
$728.8M
Q4 25
$388.8M
Q3 25
$388.5M
$769.8M
Q2 25
$393.1M
$693.7M
Q1 25
$402.2M
Q4 24
$401.4M
Q3 24
$417.4M
Q2 24
$432.5M
Debt / Equity
ALTO
ALTO
HNGE
HNGE
Q1 26
Q4 25
0.34×
Q3 25
0.48×
Q2 25
0.60×
Q1 25
0.55×
Q4 24
0.44×
Q3 24
0.34×
Q2 24
0.37×

Cash Flow & Capital Efficiency

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

Metric
ALTO
ALTO
HNGE
HNGE
Operating Cash FlowLast quarter
$9.5M
$43.1M
Free Cash FlowOCF − Capex
$7.6M
$41.6M
FCF MarginFCF / Revenue
3.3%
22.8%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.44×
1.23×
TTM Free Cash FlowTrailing 4 quarters
$8.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALTO
ALTO
HNGE
HNGE
Q1 26
$43.1M
Q4 25
$9.5M
Q3 25
$22.8M
$82.4M
Q2 25
$-848.0K
$25.1M
Q1 25
$-18.2M
Q4 24
$-9.8M
Q3 24
$18.6M
Q2 24
$-13.7M
Free Cash Flow
ALTO
ALTO
HNGE
HNGE
Q1 26
$41.6M
Q4 25
$7.6M
Q3 25
$21.2M
$82.3M
Q2 25
$-1.3M
$24.9M
Q1 25
$-18.8M
Q4 24
$-11.1M
Q3 24
$18.1M
Q2 24
$-18.4M
FCF Margin
ALTO
ALTO
HNGE
HNGE
Q1 26
22.8%
Q4 25
3.3%
Q3 25
8.8%
53.4%
Q2 25
-0.6%
17.9%
Q1 25
-8.3%
Q4 24
-4.7%
Q3 24
7.2%
Q2 24
-7.8%
Capex Intensity
ALTO
ALTO
HNGE
HNGE
Q1 26
Q4 25
0.8%
Q3 25
0.7%
0.0%
Q2 25
0.2%
0.2%
Q1 25
0.2%
Q4 24
0.5%
Q3 24
0.2%
Q2 24
2.0%
Cash Conversion
ALTO
ALTO
HNGE
HNGE
Q1 26
1.23×
Q4 25
0.44×
Q3 25
1.60×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALTO
ALTO

Pekin Campus Production$105.1M45%
Total Marketing And Distribution Sales$57.9M25%
Marketing And Distributions$55.6M24%
Other$11.2M5%
Kodiak Carbonic LLC$2.1M1%

HNGE
HNGE

Segment breakdown not available.

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