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Side-by-side financial comparison of PATHWARD FINANCIAL, INC. (CASH) and HUTCHMED (China) Ltd (HCM). Click either name above to swap in a different company.

HUTCHMED (China) Ltd is the larger business by last-quarter revenue ($270.8M vs $173.1M, roughly 1.6× PATHWARD FINANCIAL, INC.). PATHWARD FINANCIAL, INC. runs the higher net margin — 20.3% vs 0.7%, a 19.6% gap on every dollar of revenue. On growth, PATHWARD FINANCIAL, INC. posted the faster year-over-year revenue change (-0.2% vs -16.5%). PATHWARD FINANCIAL, INC. produced more free cash flow last quarter ($104.1M vs $3.4M).

Pathward Financial, Inc. is a U.S.-based banking and financial services company. It adopted its current name in 2022 after its parent, Meta Financial Group, sold the "Meta" trademark to Meta Platforms.

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

CASH vs HCM — Head-to-Head

Bigger by revenue
HCM
HCM
1.6× larger
HCM
$270.8M
$173.1M
CASH
Growing faster (revenue YoY)
CASH
CASH
+16.3% gap
CASH
-0.2%
-16.5%
HCM
Higher net margin
CASH
CASH
19.6% more per $
CASH
20.3%
0.7%
HCM
More free cash flow
CASH
CASH
$100.7M more FCF
CASH
$104.1M
$3.4M
HCM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CASH
CASH
HCM
HCM
Revenue
$173.1M
$270.8M
Net Profit
$35.2M
$2.0M
Gross Margin
37.7%
Operating Margin
24.6%
-13.2%
Net Margin
20.3%
0.7%
Revenue YoY
-0.2%
-16.5%
Net Profit YoY
11.9%
-83.6%
EPS (diluted)
$1.57
$0.00

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
CASH
CASH
HCM
HCM
Q4 25
$173.1M
$270.8M
Q3 25
$186.7M
Q2 25
$195.8M
$277.7M
Q1 25
$274.8M
$324.5M
Q4 24
$182.6M
Q3 24
$179.5M
Q2 24
$188.6M
$305.7M
Q1 24
$257.6M
Net Profit
CASH
CASH
HCM
HCM
Q4 25
$35.2M
$2.0M
Q3 25
$38.8M
Q2 25
$42.1M
$455.0M
Q1 25
$75.0M
$11.9M
Q4 24
$30.0M
Q3 24
$33.5M
Q2 24
$44.9M
$25.8M
Q1 24
$69.9M
Gross Margin
CASH
CASH
HCM
HCM
Q4 25
37.7%
Q3 25
Q2 25
0.1%
Q1 25
48.0%
Q4 24
Q3 24
Q2 24
41.1%
Q1 24
Operating Margin
CASH
CASH
HCM
HCM
Q4 25
24.6%
-13.2%
Q3 25
25.9%
Q2 25
24.1%
-1.3%
Q1 25
33.2%
-5.0%
Q4 24
19.8%
Q3 24
20.9%
Q2 24
27.1%
-9.0%
Q1 24
33.8%
Net Margin
CASH
CASH
HCM
HCM
Q4 25
20.3%
0.7%
Q3 25
20.8%
Q2 25
21.5%
163.8%
Q1 25
27.3%
3.7%
Q4 24
16.4%
Q3 24
18.7%
Q2 24
23.8%
8.4%
Q1 24
27.1%
EPS (diluted)
CASH
CASH
HCM
HCM
Q4 25
$1.57
$0.00
Q3 25
$1.69
Q2 25
$1.81
$0.52
Q1 25
$3.14
$0.01
Q4 24
$1.23
Q3 24
$1.34
Q2 24
$1.78
$0.03
Q1 24
$2.74

Balance Sheet & Financial Strength

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

Metric
CASH
CASH
HCM
HCM
Cash + ST InvestmentsLiquidity on hand
$331.2M
$1.4B
Total DebtLower is stronger
$33.5M
$93.2M
Stockholders' EquityBook value
$854.5M
$1.2B
Total Assets
$7.6B
$1.8B
Debt / EquityLower = less leverage
0.04×
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CASH
CASH
HCM
HCM
Q4 25
$331.2M
$1.4B
Q3 25
$120.6M
Q2 25
$258.3M
$1.4B
Q1 25
$254.2M
$836.1M
Q4 24
$597.4M
Q3 24
$158.3M
Q2 24
$298.9M
$802.5M
Q1 24
$347.9M
Total Debt
CASH
CASH
HCM
HCM
Q4 25
$33.5M
$93.2M
Q3 25
$33.5M
Q2 25
$33.4M
$93.4M
Q1 25
$33.4M
$82.8M
Q4 24
$33.4M
Q3 24
$33.4M
Q2 24
$33.3M
$82.1M
Q1 24
$33.4M
Stockholders' Equity
CASH
CASH
HCM
HCM
Q4 25
$854.5M
$1.2B
Q3 25
$858.0M
Q2 25
$819.0M
$1.2B
Q1 25
$814.7M
$759.9M
Q4 24
$758.3M
Q3 24
$822.5M
Q2 24
$748.4M
$740.1M
Q1 24
$719.5M
Total Assets
CASH
CASH
HCM
HCM
Q4 25
$7.6B
$1.8B
Q3 25
$7.2B
Q2 25
$7.2B
$1.8B
Q1 25
$7.0B
$1.3B
Q4 24
$7.6B
Q3 24
$7.5B
Q2 24
$7.5B
$1.3B
Q1 24
$7.4B
Debt / Equity
CASH
CASH
HCM
HCM
Q4 25
0.04×
0.08×
Q3 25
0.04×
Q2 25
0.04×
0.08×
Q1 25
0.04×
0.11×
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.04×
0.11×
Q1 24
0.05×

Cash Flow & Capital Efficiency

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

Metric
CASH
CASH
HCM
HCM
Operating Cash FlowLast quarter
$108.3M
$8.2M
Free Cash FlowOCF − Capex
$104.1M
$3.4M
FCF MarginFCF / Revenue
60.1%
1.2%
Capex IntensityCapex / Revenue
2.4%
1.8%
Cash ConversionOCF / Net Profit
3.08×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$616.8M
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CASH
CASH
HCM
HCM
Q4 25
$108.3M
$8.2M
Q3 25
$303.7M
Q2 25
$30.4M
$-72.9M
Q1 25
$188.3M
$40.3M
Q4 24
$-71.7M
Q3 24
$143.1M
Q2 24
$113.2M
$-39.8M
Q1 24
$203.0M
Free Cash Flow
CASH
CASH
HCM
HCM
Q4 25
$104.1M
$3.4M
Q3 25
$300.3M
Q2 25
$27.7M
$-82.2M
Q1 25
$184.7M
$32.5M
Q4 24
$-73.8M
Q3 24
$138.8M
Q2 24
$111.0M
$-49.9M
Q1 24
$201.3M
FCF Margin
CASH
CASH
HCM
HCM
Q4 25
60.1%
1.2%
Q3 25
160.9%
Q2 25
14.1%
-29.6%
Q1 25
67.2%
10.0%
Q4 24
-40.4%
Q3 24
77.3%
Q2 24
58.8%
-16.3%
Q1 24
78.1%
Capex Intensity
CASH
CASH
HCM
HCM
Q4 25
2.4%
1.8%
Q3 25
1.8%
Q2 25
1.4%
3.3%
Q1 25
1.3%
2.4%
Q4 24
1.1%
Q3 24
2.4%
Q2 24
1.2%
3.3%
Q1 24
0.7%
Cash Conversion
CASH
CASH
HCM
HCM
Q4 25
3.08×
4.21×
Q3 25
7.83×
Q2 25
0.72×
-0.16×
Q1 25
2.51×
3.38×
Q4 24
-2.39×
Q3 24
4.27×
Q2 24
2.52×
-1.54×
Q1 24
2.90×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CASH
CASH

Consumer$103.0M59%
Payment Card And Deposit Fees$30.1M17%
Other$24.2M14%
Rental Income$11.6M7%
Commercial$4.2M2%

HCM
HCM

Segment breakdown not available.

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