vs

Side-by-side financial comparison of Cheer Holding, Inc. (CHR) and KNOT Offshore Partners LP (KNOP). Click either name above to swap in a different company.

KNOT Offshore Partners LP is the larger business by last-quarter revenue ($87.1M vs $71.0M, roughly 1.2× Cheer Holding, Inc.). Cheer Holding, Inc. runs the higher net margin — 10.9% vs 7.8%, a 3.1% gap on every dollar of revenue. On growth, KNOT Offshore Partners LP posted the faster year-over-year revenue change (17.0% vs -0.1%).

Cheer Holding, Inc. is a diversified holding company primarily operating in the Chinese market, with core business segments covering early childhood education services, mobile lifestyle platforms, digital content offerings, and integrated consumer solutions for households and enterprise partners across multiple demand scenarios.

KNOT Offshore Partners LP is a publicly traded master limited partnership focused on owning, operating and chartering purpose-built shuttle tankers. It serves offshore oil and gas production operators across key markets including the North Sea, Brazil and West Africa, supporting marine logistics for offshore energy extraction.

CHR vs KNOP — Head-to-Head

Bigger by revenue
KNOP
KNOP
1.2× larger
KNOP
$87.1M
$71.0M
CHR
Growing faster (revenue YoY)
KNOP
KNOP
+17.1% gap
KNOP
17.0%
-0.1%
CHR
Higher net margin
CHR
CHR
3.1% more per $
CHR
10.9%
7.8%
KNOP

Income Statement — Q2 FY2025 vs Q2 FY2025

Metric
CHR
CHR
KNOP
KNOP
Revenue
$71.0M
$87.1M
Net Profit
$7.8M
$6.8M
Gross Margin
70.7%
Operating Margin
11.7%
25.5%
Net Margin
10.9%
7.8%
Revenue YoY
-0.1%
17.0%
Net Profit YoY
-37.5%
153.0%
EPS (diluted)
$0.67

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
CHR
CHR
KNOP
KNOP
Q2 25
$71.0M
$87.1M
Q2 24
$71.1M
$74.4M
Q2 23
$73.8M
Q2 22
$63.8M
Net Profit
CHR
CHR
KNOP
KNOP
Q2 25
$7.8M
$6.8M
Q2 24
$12.4M
$-12.9M
Q2 23
$-40.4M
Q2 22
$9.9M
Gross Margin
CHR
CHR
KNOP
KNOP
Q2 25
70.7%
Q2 24
73.4%
Q2 23
Q2 22
Operating Margin
CHR
CHR
KNOP
KNOP
Q2 25
11.7%
25.5%
Q2 24
16.4%
1.8%
Q2 23
-42.3%
Q2 22
21.1%
Net Margin
CHR
CHR
KNOP
KNOP
Q2 25
10.9%
7.8%
Q2 24
17.5%
-17.3%
Q2 23
-54.7%
Q2 22
15.5%
EPS (diluted)
CHR
CHR
KNOP
KNOP
Q2 25
$0.67
Q2 24
$1.23
Q2 23
Q2 22

Balance Sheet & Financial Strength

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

Metric
CHR
CHR
KNOP
KNOP
Cash + ST InvestmentsLiquidity on hand
$66.3M
Total DebtLower is stronger
$914.5M
Stockholders' EquityBook value
$322.1M
Total Assets
$362.7M
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHR
CHR
KNOP
KNOP
Q2 25
$66.3M
Q2 24
$186.1M
$56.6M
Q2 23
$63.1M
Q2 22
$88.5M
Total Debt
CHR
CHR
KNOP
KNOP
Q2 25
$914.5M
Q2 24
$895.4M
Q2 23
Q2 22
Stockholders' Equity
CHR
CHR
KNOP
KNOP
Q2 25
$322.1M
Q2 24
$286.1M
Q2 23
Q2 22
Total Assets
CHR
CHR
KNOP
KNOP
Q2 25
$362.7M
$1.6B
Q2 24
$333.2M
$1.5B
Q2 23
$1.6B
Q2 22
$1.7B

Cash Flow & Capital Efficiency

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

Metric
CHR
CHR
KNOP
KNOP
Operating Cash FlowLast quarter
$3.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.51×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHR
CHR
KNOP
KNOP
Q2 25
$3.9M
Q2 24
$-6.7M
Q2 23
Q2 22
Cash Conversion
CHR
CHR
KNOP
KNOP
Q2 25
0.51×
Q2 24
-0.54×
Q2 23
Q2 22

Financial Flow Comparison

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

Related Comparisons