vs
Side-by-side financial comparison of Cytek Biosciences, Inc. (CTKB) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.
Target Hospitality Corp. is the larger business by last-quarter revenue ($73.5M vs $62.1M, roughly 1.2× Cytek Biosciences, Inc.). Target Hospitality Corp. runs the higher net margin — -20.3% vs -70.9%, a 50.6% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs 8.1%). Over the past eight quarters, Cytek Biosciences, Inc.'s revenue compounded faster (17.7% CAGR vs 0.7%).
Cytek Biosciences, Inc. develops, manufactures and sells high-performance flow cytometry systems, associated reagents and analysis software. Its solutions serve life science research, clinical diagnostics and biopharmaceutical sectors, with a global customer base across North America, Europe and the Asia-Pacific region.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
CTKB vs TH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.1M | $73.5M |
| Net Profit | $-44.1M | $-14.9M |
| Gross Margin | 52.9% | 9.6% |
| Operating Margin | -9.0% | -22.9% |
| Net Margin | -70.9% | -20.3% |
| Revenue YoY | 8.1% | 22.0% |
| Net Profit YoY | -557.1% | -219.1% |
| EPS (diluted) | — | $-0.14 |
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 | $62.1M | $73.5M | ||
| Q3 25 | $52.3M | $91.6M | ||
| Q2 25 | $45.6M | $54.9M | ||
| Q1 25 | $41.5M | $54.9M | ||
| Q4 24 | $57.5M | $60.2M | ||
| Q3 24 | $51.5M | $65.8M | ||
| Q2 24 | $46.6M | $67.5M | ||
| Q1 24 | $44.9M | $72.4M |
| Q4 25 | $-44.1M | $-14.9M | ||
| Q3 25 | $-5.5M | $-795.0K | ||
| Q2 25 | $-5.6M | $-14.9M | ||
| Q1 25 | $-11.4M | $-6.5M | ||
| Q4 24 | $9.6M | $12.5M | ||
| Q3 24 | $941.0K | $20.0M | ||
| Q2 24 | $-10.4M | $18.4M | ||
| Q1 24 | $-6.2M | $20.4M |
| Q4 25 | 52.9% | 9.6% | ||
| Q3 25 | 52.7% | 19.6% | ||
| Q2 25 | 52.3% | -0.6% | ||
| Q1 25 | 48.6% | 32.7% | ||
| Q4 24 | 58.5% | 61.5% | ||
| Q3 24 | 56.3% | 68.7% | ||
| Q2 24 | 54.6% | 69.4% | ||
| Q1 24 | 51.3% | 67.8% |
| Q4 25 | -9.0% | -22.9% | ||
| Q3 25 | -17.6% | 0.1% | ||
| Q2 25 | -23.3% | -30.8% | ||
| Q1 25 | -36.1% | -2.0% | ||
| Q4 24 | 5.2% | 34.5% | ||
| Q3 24 | -8.2% | 42.5% | ||
| Q2 24 | -18.3% | 43.8% | ||
| Q1 24 | -23.9% | 42.0% |
| Q4 25 | -70.9% | -20.3% | ||
| Q3 25 | -10.5% | -0.9% | ||
| Q2 25 | -12.2% | -27.2% | ||
| Q1 25 | -27.5% | -11.8% | ||
| Q4 24 | 16.8% | 20.8% | ||
| Q3 24 | 1.8% | 30.4% | ||
| Q2 24 | -22.4% | 27.2% | ||
| Q1 24 | -13.8% | 28.2% |
| Q4 25 | — | $-0.14 | ||
| Q3 25 | — | $-0.01 | ||
| Q2 25 | — | $-0.15 | ||
| Q1 25 | — | $-0.07 | ||
| Q4 24 | — | $0.12 | ||
| Q3 24 | — | $0.20 | ||
| Q2 24 | — | $0.18 | ||
| Q1 24 | — | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $90.9M | $8.3M |
| Total DebtLower is stronger | — | $1.7M |
| Stockholders' EquityBook value | $341.7M | $389.3M |
| Total Assets | $461.5M | $530.2M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $90.9M | $8.3M | ||
| Q3 25 | $93.3M | $30.4M | ||
| Q2 25 | $75.5M | $19.2M | ||
| Q1 25 | $95.3M | $34.5M | ||
| Q4 24 | $98.7M | $190.7M | ||
| Q3 24 | $162.3M | $177.7M | ||
| Q2 24 | $177.9M | $154.3M | ||
| Q1 24 | $168.8M | $124.3M |
| Q4 25 | — | $1.7M | ||
| Q3 25 | — | $2.0M | ||
| Q2 25 | — | $26.3M | ||
| Q1 25 | — | $42.9M | ||
| Q4 24 | — | $1.5M | ||
| Q3 24 | — | $994.0K | ||
| Q2 24 | — | $1.1M | ||
| Q1 24 | — | $179.9M |
| Q4 25 | $341.7M | $389.3M | ||
| Q3 25 | $378.6M | $402.4M | ||
| Q2 25 | $377.6M | $401.3M | ||
| Q1 25 | $379.6M | $415.3M | ||
| Q4 24 | $395.7M | $421.1M | ||
| Q3 24 | $385.5M | $417.6M | ||
| Q2 24 | $389.1M | $397.2M | ||
| Q1 24 | $392.6M | $375.5M |
| Q4 25 | $461.5M | $530.2M | ||
| Q3 25 | $494.9M | $541.2M | ||
| Q2 25 | $493.3M | $533.7M | ||
| Q1 25 | $482.6M | $562.5M | ||
| Q4 24 | $499.5M | $725.8M | ||
| Q3 24 | $491.2M | $709.8M | ||
| Q2 24 | $483.7M | $697.0M | ||
| Q1 24 | $492.1M | $687.2M |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.48× |
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 | $-771.0K | $5.7M |
| Free Cash FlowOCF − Capex | $-1.8M | — |
| FCF MarginFCF / Revenue | -2.9% | — |
| Capex IntensityCapex / Revenue | 1.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-8.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-771.0K | $5.7M | ||
| Q3 25 | $-3.9M | $53.4M | ||
| Q2 25 | $108.0K | $11.1M | ||
| Q1 25 | $-125.0K | $3.9M | ||
| Q4 24 | $2.0M | $30.6M | ||
| Q3 24 | $13.2M | $31.4M | ||
| Q2 24 | $6.2M | $39.1M | ||
| Q1 24 | $4.0M | $50.6M |
| Q4 25 | $-1.8M | — | ||
| Q3 25 | $-4.6M | — | ||
| Q2 25 | $-1.5M | — | ||
| Q1 25 | $-974.0K | $-11.6M | ||
| Q4 24 | $1.1M | — | ||
| Q3 24 | $12.2M | — | ||
| Q2 24 | $5.2M | — | ||
| Q1 24 | $3.4M | — |
| Q4 25 | -2.9% | — | ||
| Q3 25 | -8.7% | — | ||
| Q2 25 | -3.2% | — | ||
| Q1 25 | -2.3% | -21.1% | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 23.7% | — | ||
| Q2 24 | 11.0% | — | ||
| Q1 24 | 7.6% | — |
| Q4 25 | 1.6% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 3.5% | — | ||
| Q1 25 | 2.0% | 28.2% | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 2.3% | — | ||
| Q1 24 | 1.3% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | 2.44× | ||
| Q3 24 | 14.05× | 1.57× | ||
| Q2 24 | — | 2.13× | ||
| Q1 24 | — | 2.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTKB
| Products | $46.6M | 75% |
| Services | $15.5M | 25% |
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |
