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Side-by-side financial comparison of Criteo S.A. (CRTO) and HUTCHMED (China) Ltd (HCM). Click either name above to swap in a different company.

Criteo S.A. is the larger business by last-quarter revenue ($482.7M vs $270.8M, roughly 1.8× HUTCHMED (China) Ltd). Criteo S.A. runs the higher net margin — 4.4% vs 0.7%, a 3.7% gap on every dollar of revenue. On growth, Criteo S.A. posted the faster year-over-year revenue change (2.4% vs -16.5%). HUTCHMED (China) Ltd produced more free cash flow last quarter ($3.4M vs $-36.6M).

Criteo S.A. is an advertising company that provides online display advertisements. The company was founded and is headquartered in Paris, France.

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.

CRTO vs HCM — Head-to-Head

Bigger by revenue
CRTO
CRTO
1.8× larger
CRTO
$482.7M
$270.8M
HCM
Growing faster (revenue YoY)
CRTO
CRTO
+19.0% gap
CRTO
2.4%
-16.5%
HCM
Higher net margin
CRTO
CRTO
3.7% more per $
CRTO
4.4%
0.7%
HCM
More free cash flow
HCM
HCM
$40.0M more FCF
HCM
$3.4M
$-36.6M
CRTO

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
CRTO
CRTO
HCM
HCM
Revenue
$482.7M
$270.8M
Net Profit
$21.3M
$2.0M
Gross Margin
53.6%
37.7%
Operating Margin
6.3%
-13.2%
Net Margin
4.4%
0.7%
Revenue YoY
2.4%
-16.5%
Net Profit YoY
-21.3%
-83.6%
EPS (diluted)
$0.39
$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
CRTO
CRTO
HCM
HCM
Q4 25
$270.8M
Q2 25
$482.7M
$277.7M
Q1 25
$451.4M
$324.5M
Q4 24
$553.0M
Q3 24
$458.9M
Q2 24
$471.3M
$305.7M
Q1 24
$450.1M
Q4 23
$566.3M
Net Profit
CRTO
CRTO
HCM
HCM
Q4 25
$2.0M
Q2 25
$21.3M
$455.0M
Q1 25
$37.9M
$11.9M
Q4 24
$71.1M
Q3 24
$6.2M
Q2 24
$27.0M
$25.8M
Q1 24
$7.2M
Q4 23
$61.0M
Gross Margin
CRTO
CRTO
HCM
HCM
Q4 25
37.7%
Q2 25
53.6%
0.1%
Q1 25
52.5%
48.0%
Q4 24
54.4%
Q3 24
50.5%
Q2 24
49.4%
41.1%
Q1 24
48.3%
Q4 23
48.8%
Operating Margin
CRTO
CRTO
HCM
HCM
Q4 25
-13.2%
Q2 25
6.3%
-1.3%
Q1 25
10.7%
-5.0%
Q4 24
17.1%
Q3 24
2.1%
Q2 24
7.8%
-9.0%
Q1 24
2.3%
Q4 23
15.6%
Net Margin
CRTO
CRTO
HCM
HCM
Q4 25
0.7%
Q2 25
4.4%
163.8%
Q1 25
8.4%
3.7%
Q4 24
12.9%
Q3 24
1.4%
Q2 24
5.7%
8.4%
Q1 24
1.6%
Q4 23
10.8%
EPS (diluted)
CRTO
CRTO
HCM
HCM
Q4 25
$0.00
Q2 25
$0.39
$0.52
Q1 25
$0.66
$0.01
Q4 24
$1.21
Q3 24
$0.11
Q2 24
$0.46
$0.03
Q1 24
$0.12
Q4 23
$1.02

Balance Sheet & Financial Strength

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

Metric
CRTO
CRTO
HCM
HCM
Cash + ST InvestmentsLiquidity on hand
$223.6M
$1.4B
Total DebtLower is stronger
$93.2M
Stockholders' EquityBook value
$1.1B
$1.2B
Total Assets
$2.1B
$1.8B
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRTO
CRTO
HCM
HCM
Q4 25
$1.4B
Q2 25
$223.6M
$1.4B
Q1 25
$313.2M
$836.1M
Q4 24
$316.9M
Q3 24
$231.8M
Q2 24
$233.2M
$802.5M
Q1 24
$278.1M
Q4 23
$342.3M
Total Debt
CRTO
CRTO
HCM
HCM
Q4 25
$93.2M
Q2 25
$93.4M
Q1 25
$82.8M
Q4 24
Q3 24
Q2 24
$82.1M
Q1 24
Q4 23
Stockholders' Equity
CRTO
CRTO
HCM
HCM
Q4 25
$1.2B
Q2 25
$1.1B
$1.2B
Q1 25
$1.1B
$759.9M
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.0B
$740.1M
Q1 24
$1.0B
Q4 23
$1.1B
Total Assets
CRTO
CRTO
HCM
HCM
Q4 25
$1.8B
Q2 25
$2.1B
$1.8B
Q1 25
$2.1B
$1.3B
Q4 24
$2.3B
Q3 24
$2.2B
Q2 24
$2.2B
$1.3B
Q1 24
$2.2B
Q4 23
$2.4B
Debt / Equity
CRTO
CRTO
HCM
HCM
Q4 25
0.08×
Q2 25
0.08×
Q1 25
0.11×
Q4 24
Q3 24
Q2 24
0.11×
Q1 24
Q4 23

Cash Flow & Capital Efficiency

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

Metric
CRTO
CRTO
HCM
HCM
Operating Cash FlowLast quarter
$-1.4M
$8.2M
Free Cash FlowOCF − Capex
$-36.6M
$3.4M
FCF MarginFCF / Revenue
-7.6%
1.2%
Capex IntensityCapex / Revenue
7.3%
1.8%
Cash ConversionOCF / Net Profit
-0.07×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRTO
CRTO
HCM
HCM
Q4 25
$8.2M
Q2 25
$-1.4M
$-72.9M
Q1 25
$62.3M
$40.3M
Q4 24
$169.5M
Q3 24
$57.5M
Q2 24
$17.2M
$-39.8M
Q1 24
$14.0M
Q4 23
$161.3M
Free Cash Flow
CRTO
CRTO
HCM
HCM
Q4 25
$3.4M
Q2 25
$-36.6M
$-82.2M
Q1 25
$45.3M
$32.5M
Q4 24
Q3 24
Q2 24
$-4.0M
$-49.9M
Q1 24
$173.0K
Q4 23
FCF Margin
CRTO
CRTO
HCM
HCM
Q4 25
1.2%
Q2 25
-7.6%
-29.6%
Q1 25
10.0%
10.0%
Q4 24
Q3 24
Q2 24
-0.9%
-16.3%
Q1 24
0.0%
Q4 23
Capex Intensity
CRTO
CRTO
HCM
HCM
Q4 25
1.8%
Q2 25
7.3%
3.3%
Q1 25
3.8%
2.4%
Q4 24
Q3 24
Q2 24
4.5%
3.3%
Q1 24
3.1%
Q4 23
Cash Conversion
CRTO
CRTO
HCM
HCM
Q4 25
4.21×
Q2 25
-0.07×
-0.16×
Q1 25
1.64×
3.38×
Q4 24
2.38×
Q3 24
9.21×
Q2 24
0.64×
-1.54×
Q1 24
1.93×
Q4 23
2.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRTO
CRTO

Commerce Growth$393.9M82%
Retail Media$60.9M13%
Other$27.9M6%

HCM
HCM

Segment breakdown not available.

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