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Side-by-side financial comparison of TopBuild Corp (BLD) and Magnera Corp (MAGN). Click either name above to swap in a different company.

TopBuild Corp is the larger business by last-quarter revenue ($1.4B vs $792.0M, roughly 1.8× Magnera Corp). TopBuild Corp runs the higher net margin — 7.2% vs -4.3%, a 11.5% gap on every dollar of revenue. On growth, TopBuild Corp posted the faster year-over-year revenue change (17.2% vs 12.8%). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 2.9%).

HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.

BLD vs MAGN — Head-to-Head

Bigger by revenue
BLD
BLD
1.8× larger
BLD
$1.4B
$792.0M
MAGN
Growing faster (revenue YoY)
BLD
BLD
+4.4% gap
BLD
17.2%
12.8%
MAGN
Higher net margin
BLD
BLD
11.5% more per $
BLD
7.2%
-4.3%
MAGN
Faster 2-yr revenue CAGR
MAGN
MAGN
Annualised
MAGN
54.9%
2.9%
BLD

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BLD
BLD
MAGN
MAGN
Revenue
$1.4B
$792.0M
Net Profit
$104.8M
$-34.0M
Gross Margin
27.7%
12.2%
Operating Margin
12.1%
1.8%
Net Margin
7.2%
-4.3%
Revenue YoY
17.2%
12.8%
Net Profit YoY
-15.1%
43.3%
EPS (diluted)
$3.73
$-0.95

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
BLD
BLD
MAGN
MAGN
Q1 26
$1.4B
Q4 25
$1.5B
$792.0M
Q3 25
$1.4B
Q2 25
$1.3B
$839.0M
Q1 25
$1.2B
$824.0M
Q4 24
$1.3B
$702.0M
Q3 24
$1.4B
$332.1M
Q2 24
$1.4B
$556.0M
Net Profit
BLD
BLD
MAGN
MAGN
Q1 26
$104.8M
Q4 25
$104.5M
$-34.0M
Q3 25
$142.2M
Q2 25
$151.6M
$-18.0M
Q1 25
$123.4M
$-41.0M
Q4 24
$150.5M
$-60.0M
Q3 24
$169.0M
$-15.2M
Q2 24
$150.7M
$19.0M
Gross Margin
BLD
BLD
MAGN
MAGN
Q1 26
27.7%
Q4 25
27.2%
12.2%
Q3 25
30.1%
Q2 25
30.4%
10.7%
Q1 25
28.5%
10.7%
Q4 24
29.9%
10.1%
Q3 24
30.7%
10.7%
Q2 24
31.0%
6.6%
Operating Margin
BLD
BLD
MAGN
MAGN
Q1 26
12.1%
Q4 25
12.1%
1.8%
Q3 25
15.4%
Q2 25
16.9%
1.5%
Q1 25
14.4%
0.5%
Q4 24
16.6%
-3.1%
Q3 24
17.8%
0.9%
Q2 24
15.4%
3.1%
Net Margin
BLD
BLD
MAGN
MAGN
Q1 26
7.2%
Q4 25
7.0%
-4.3%
Q3 25
10.2%
Q2 25
11.7%
-2.1%
Q1 25
10.0%
-5.0%
Q4 24
11.5%
-8.5%
Q3 24
12.3%
-4.6%
Q2 24
11.0%
3.4%
EPS (diluted)
BLD
BLD
MAGN
MAGN
Q1 26
$3.73
Q4 25
$3.69
$-0.95
Q3 25
$5.04
Q2 25
$5.32
$-0.51
Q1 25
$4.23
$-1.15
Q4 24
$5.07
$-1.69
Q3 24
$5.65
$-0.33
Q2 24
$4.78
$0.60

Balance Sheet & Financial Strength

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

Metric
BLD
BLD
MAGN
MAGN
Cash + ST InvestmentsLiquidity on hand
$268.8M
$264.0M
Total DebtLower is stronger
$2.8B
$1.9B
Stockholders' EquityBook value
$2.4B
$1.0B
Total Assets
$6.7B
$3.9B
Debt / EquityLower = less leverage
1.18×
1.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLD
BLD
MAGN
MAGN
Q1 26
$268.8M
Q4 25
$184.7M
$264.0M
Q3 25
$1.1B
Q2 25
$842.5M
$276.0M
Q1 25
$308.8M
$282.0M
Q4 24
$400.3M
$215.0M
Q3 24
$257.3M
$230.0M
Q2 24
$463.2M
$33.9M
Total Debt
BLD
BLD
MAGN
MAGN
Q1 26
$2.8B
Q4 25
$2.8B
$1.9B
Q3 25
$2.9B
Q2 25
$1.9B
$2.0B
Q1 25
$1.4B
$2.0B
Q4 24
$1.4B
$2.0B
Q3 24
$1.4B
$2.0B
Q2 24
$1.4B
$877.4M
Stockholders' Equity
BLD
BLD
MAGN
MAGN
Q1 26
$2.4B
Q4 25
$2.3B
$1.0B
Q3 25
$2.2B
Q2 25
$2.1B
$1.1B
Q1 25
$2.1B
$1.1B
Q4 24
$2.2B
$1.1B
Q3 24
$2.1B
$2.1B
Q2 24
$2.4B
$2.4B
Total Assets
BLD
BLD
MAGN
MAGN
Q1 26
$6.7B
Q4 25
$6.6B
$3.9B
Q3 25
$6.4B
Q2 25
$5.1B
$4.1B
Q1 25
$4.6B
$4.1B
Q4 24
$4.7B
$4.0B
Q3 24
$4.7B
$2.8B
Q2 24
$4.9B
$1.5B
Debt / Equity
BLD
BLD
MAGN
MAGN
Q1 26
1.18×
Q4 25
1.23×
1.86×
Q3 25
1.29×
Q2 25
0.88×
1.77×
Q1 25
0.65×
1.83×
Q4 24
0.62×
1.80×
Q3 24
0.66×
0.91×
Q2 24
0.59×
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
BLD
BLD
MAGN
MAGN
Operating Cash FlowLast quarter
$160.7M
$2.0M
Free Cash FlowOCF − Capex
$-13.0M
FCF MarginFCF / Revenue
-1.6%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
1.53×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLD
BLD
MAGN
MAGN
Q1 26
$160.7M
Q4 25
$176.7M
$2.0M
Q3 25
$233.3M
Q2 25
$193.7M
$0
Q1 25
$152.6M
$65.0M
Q4 24
$266.2M
$-58.0M
Q3 24
$240.7M
$12.2M
Q2 24
$90.4M
$38.0M
Free Cash Flow
BLD
BLD
MAGN
MAGN
Q1 26
Q4 25
$159.4M
$-13.0M
Q3 25
$216.2M
Q2 25
$182.2M
Q1 25
$139.2M
$42.0M
Q4 24
$253.7M
$-74.0M
Q3 24
$219.8M
$3.6M
Q2 24
$74.3M
$23.0M
FCF Margin
BLD
BLD
MAGN
MAGN
Q1 26
Q4 25
10.7%
-1.6%
Q3 25
15.5%
Q2 25
14.0%
Q1 25
11.3%
5.1%
Q4 24
19.3%
-10.5%
Q3 24
16.0%
1.1%
Q2 24
5.4%
4.1%
Capex Intensity
BLD
BLD
MAGN
MAGN
Q1 26
Q4 25
1.2%
1.9%
Q3 25
1.2%
Q2 25
0.9%
1.5%
Q1 25
1.1%
2.8%
Q4 24
1.0%
2.3%
Q3 24
1.5%
2.6%
Q2 24
1.2%
2.7%
Cash Conversion
BLD
BLD
MAGN
MAGN
Q1 26
1.53×
Q4 25
1.69×
Q3 25
1.64×
Q2 25
1.28×
Q1 25
1.24×
Q4 24
1.77×
Q3 24
1.42×
Q2 24
0.60×
2.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BLD
BLD

Installation Services$651.1M45%
Specialty Distribution$562.9M39%
Other$231.8M16%

MAGN
MAGN

Other$451.0M57%
United States And Canada$341.0M43%

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