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Side-by-side financial comparison of COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) 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 $240.5M, roughly 1.1× COGENT COMMUNICATIONS HOLDINGS, INC.). HUTCHMED (China) Ltd runs the higher net margin — 0.7% vs -12.8%, a 13.5% gap on every dollar of revenue. On growth, COGENT COMMUNICATIONS HOLDINGS, INC. posted the faster year-over-year revenue change (-4.7% vs -16.5%). HUTCHMED (China) Ltd produced more free cash flow last quarter ($3.4M vs $-43.0M).
Cogent Communications Holdings, Inc. is a multinational internet service provider based in the United States. Cogent's primary services consist of Internet access and data transport, offered on a fiber optic, IP data-only network, along with colocation in data centers.
HUTCHMED (China) LtdHCMEarnings & Financial Report
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.
CCOI vs HCM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $240.5M | $270.8M |
| Net Profit | $-30.8M | $2.0M |
| Gross Margin | 46.6% | 37.7% |
| Operating Margin | -4.7% | -13.2% |
| Net Margin | -12.8% | 0.7% |
| Revenue YoY | -4.7% | -16.5% |
| Net Profit YoY | 28.9% | -83.6% |
| EPS (diluted) | $-0.63 | $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.
| Q4 25 | $240.5M | $270.8M | ||
| Q3 25 | $241.9M | — | ||
| Q2 25 | $246.2M | $277.7M | ||
| Q1 25 | $247.0M | $324.5M | ||
| Q4 24 | $252.3M | — | ||
| Q3 24 | $257.2M | — | ||
| Q2 24 | $260.4M | $305.7M | ||
| Q1 24 | $266.2M | — |
| Q4 25 | $-30.8M | $2.0M | ||
| Q3 25 | $-41.5M | — | ||
| Q2 25 | $-57.8M | $455.0M | ||
| Q1 25 | $-52.0M | $11.9M | ||
| Q4 24 | $-43.3M | — | ||
| Q3 24 | $-63.1M | — | ||
| Q2 24 | $-32.3M | $25.8M | ||
| Q1 24 | $-65.3M | — |
| Q4 25 | 46.6% | 37.7% | ||
| Q3 25 | 45.6% | — | ||
| Q2 25 | 44.2% | 0.1% | ||
| Q1 25 | 44.4% | 48.0% | ||
| Q4 24 | 38.5% | — | ||
| Q3 24 | 37.2% | — | ||
| Q2 24 | 40.0% | 41.1% | ||
| Q1 24 | 36.5% | — |
| Q4 25 | -4.7% | -13.2% | ||
| Q3 25 | -7.5% | — | ||
| Q2 25 | -12.8% | -1.3% | ||
| Q1 25 | -16.3% | -5.0% | ||
| Q4 24 | -13.2% | — | ||
| Q3 24 | -22.5% | — | ||
| Q2 24 | -18.1% | -9.0% | ||
| Q1 24 | -22.3% | — |
| Q4 25 | -12.8% | 0.7% | ||
| Q3 25 | -17.2% | — | ||
| Q2 25 | -23.5% | 163.8% | ||
| Q1 25 | -21.1% | 3.7% | ||
| Q4 24 | -17.2% | — | ||
| Q3 24 | -24.5% | — | ||
| Q2 24 | -12.4% | 8.4% | ||
| Q1 24 | -24.5% | — |
| Q4 25 | $-0.63 | $0.00 | ||
| Q3 25 | $-0.87 | — | ||
| Q2 25 | $-1.21 | $0.52 | ||
| Q1 25 | $-1.09 | $0.01 | ||
| Q4 24 | $-0.89 | — | ||
| Q3 24 | $-1.33 | — | ||
| Q2 24 | $-0.68 | $0.03 | ||
| Q1 24 | $-1.38 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $148.5M | $1.4B |
| Total DebtLower is stronger | $1.7B | $93.2M |
| Stockholders' EquityBook value | $-63.8M | $1.2B |
| Total Assets | $3.1B | $1.8B |
| Debt / EquityLower = less leverage | — | 0.08× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $148.5M | $1.4B | ||
| Q3 25 | $147.1M | — | ||
| Q2 25 | $213.7M | $1.4B | ||
| Q1 25 | $153.8M | $836.1M | ||
| Q4 24 | $198.5M | — | ||
| Q3 24 | $279.2M | — | ||
| Q2 24 | $384.4M | $802.5M | ||
| Q1 24 | $118.4M | — |
| Q4 25 | $1.7B | $93.2M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $93.4M | ||
| Q1 25 | — | $82.8M | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $82.1M | ||
| Q1 24 | — | — |
| Q4 25 | $-63.8M | $1.2B | ||
| Q3 25 | $-39.2M | — | ||
| Q2 25 | $46.7M | $1.2B | ||
| Q1 25 | $142.8M | $759.9M | ||
| Q4 24 | $222.8M | — | ||
| Q3 24 | $323.6M | — | ||
| Q2 24 | $415.5M | $740.1M | ||
| Q1 24 | $500.6M | — |
| Q4 25 | $3.1B | $1.8B | ||
| Q3 25 | $3.1B | — | ||
| Q2 25 | $3.3B | $1.8B | ||
| Q1 25 | $3.1B | $1.3B | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.3B | $1.3B | ||
| Q1 24 | $3.1B | — |
| Q4 25 | — | 0.08× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.08× | ||
| Q1 25 | — | 0.11× | ||
| Q4 24 | 6.53× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.11× | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-6.0M | $8.2M |
| Free Cash FlowOCF − Capex | $-43.0M | $3.4M |
| FCF MarginFCF / Revenue | -17.9% | 1.2% |
| Capex IntensityCapex / Revenue | 15.4% | 1.8% |
| Cash ConversionOCF / Net Profit | — | 4.21× |
| TTM Free Cash FlowTrailing 4 quarters | $-198.1M | $-96.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.0M | $8.2M | ||
| Q3 25 | $3.1M | — | ||
| Q2 25 | $-44.0M | $-72.9M | ||
| Q1 25 | $36.4M | $40.3M | ||
| Q4 24 | $14.5M | — | ||
| Q3 24 | $-20.2M | — | ||
| Q2 24 | $-22.2M | $-39.8M | ||
| Q1 24 | $19.2M | — |
| Q4 25 | $-43.0M | $3.4M | ||
| Q3 25 | $-33.1M | — | ||
| Q2 25 | $-100.2M | $-82.2M | ||
| Q1 25 | $-21.7M | $32.5M | ||
| Q4 24 | $-31.6M | — | ||
| Q3 24 | $-79.5M | — | ||
| Q2 24 | $-70.9M | $-49.9M | ||
| Q1 24 | $-21.7M | — |
| Q4 25 | -17.9% | 1.2% | ||
| Q3 25 | -13.7% | — | ||
| Q2 25 | -40.7% | -29.6% | ||
| Q1 25 | -8.8% | 10.0% | ||
| Q4 24 | -12.5% | — | ||
| Q3 24 | -30.9% | — | ||
| Q2 24 | -27.2% | -16.3% | ||
| Q1 24 | -8.1% | — |
| Q4 25 | 15.4% | 1.8% | ||
| Q3 25 | 15.0% | — | ||
| Q2 25 | 22.8% | 3.3% | ||
| Q1 25 | 23.5% | 2.4% | ||
| Q4 24 | 18.3% | — | ||
| Q3 24 | 23.0% | — | ||
| Q2 24 | 18.7% | 3.3% | ||
| Q1 24 | 15.4% | — |
| Q4 25 | — | 4.21× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.16× | ||
| Q1 25 | — | 3.38× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -1.54× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
