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Side-by-side financial comparison of Donnelley Financial Solutions, Inc. (DFIN) and HCI Group, Inc. (HCI). Click either name above to swap in a different company.
HCI Group, Inc. is the larger business by last-quarter revenue ($246.2M vs $172.5M, roughly 1.4× Donnelley Financial Solutions, Inc.). HCI Group, Inc. runs the higher net margin — 39.7% vs 3.6%, a 36.1% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (52.1% vs 10.4%). HCI Group, Inc. produced more free cash flow last quarter ($440.8M vs $47.9M). Over the past eight quarters, HCI Group, Inc.'s revenue compounded faster (9.2% CAGR vs -7.9%).
Donnelley Financial Solutions (DFIN) is a financial compliance company based in Chicago, Illinois, United States. The company provides software as a service (SaaS) products, software-enabled services (SeS), print, and compliance services related to US Securities and Exchange Commission regulations to companies in capital and investment markets.
HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.
DFIN vs HCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $172.5M | $246.2M |
| Net Profit | $6.2M | $97.7M |
| Gross Margin | — | — |
| Operating Margin | 8.3% | 58.5% |
| Net Margin | 3.6% | 39.7% |
| Revenue YoY | 10.4% | 52.1% |
| Net Profit YoY | -1.6% | 3679.2% |
| EPS (diluted) | $0.31 | $7.29 |
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 | $172.5M | $246.2M | ||
| Q3 25 | $175.3M | $216.3M | ||
| Q2 25 | $218.1M | $221.9M | ||
| Q1 25 | $201.1M | $216.4M | ||
| Q4 24 | $156.3M | $161.9M | ||
| Q3 24 | $179.5M | $175.3M | ||
| Q2 24 | $242.7M | $206.2M | ||
| Q1 24 | $203.4M | $206.6M |
| Q4 25 | $6.2M | $97.7M | ||
| Q3 25 | $-40.9M | $65.5M | ||
| Q2 25 | $36.1M | $66.2M | ||
| Q1 25 | $31.0M | $69.7M | ||
| Q4 24 | $6.3M | $2.6M | ||
| Q3 24 | $8.7M | $5.7M | ||
| Q2 24 | $44.1M | $54.1M | ||
| Q1 24 | $33.3M | $47.6M |
| Q4 25 | 8.3% | 58.5% | ||
| Q3 25 | 16.1% | 41.9% | ||
| Q2 25 | 24.2% | 42.5% | ||
| Q1 25 | 22.8% | 46.4% | ||
| Q4 24 | 6.0% | 3.6% | ||
| Q3 24 | 10.1% | 8.0% | ||
| Q2 24 | 26.6% | 36.9% | ||
| Q1 24 | 21.9% | 37.5% |
| Q4 25 | 3.6% | 39.7% | ||
| Q3 25 | -23.3% | 30.3% | ||
| Q2 25 | 16.6% | 29.8% | ||
| Q1 25 | 15.4% | 32.2% | ||
| Q4 24 | 4.0% | 1.6% | ||
| Q3 24 | 4.8% | 3.2% | ||
| Q2 24 | 18.2% | 26.2% | ||
| Q1 24 | 16.4% | 23.0% |
| Q4 25 | $0.31 | $7.29 | ||
| Q3 25 | $-1.49 | $4.90 | ||
| Q2 25 | $1.28 | $5.18 | ||
| Q1 25 | $1.05 | $5.35 | ||
| Q4 24 | $0.21 | $0.32 | ||
| Q3 24 | $0.29 | $0.52 | ||
| Q2 24 | $1.47 | $4.24 | ||
| Q1 24 | $1.09 | $3.81 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $24.5M | $1.2B |
| Total DebtLower is stronger | $171.3M | — |
| Stockholders' EquityBook value | $379.2M | $1.0B |
| Total Assets | $800.4M | $2.5B |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.5M | $1.2B | ||
| Q3 25 | $22.7M | $987.9M | ||
| Q2 25 | $33.8M | $947.2M | ||
| Q1 25 | $16.2M | $754.5M | ||
| Q4 24 | $57.3M | $532.5M | ||
| Q3 24 | $33.6M | $518.8M | ||
| Q2 24 | $35.0M | $445.8M | ||
| Q1 24 | $43.7M | $655.4M |
| Q4 25 | $171.3M | — | ||
| Q3 25 | $154.7M | — | ||
| Q2 25 | $190.1M | — | ||
| Q1 25 | $189.5M | — | ||
| Q4 24 | $124.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $379.2M | $1.0B | ||
| Q3 25 | $423.1M | $821.8M | ||
| Q2 25 | $432.1M | $758.6M | ||
| Q1 25 | $419.9M | $522.7M | ||
| Q4 24 | $436.1M | $453.3M | ||
| Q3 24 | $444.5M | $455.3M | ||
| Q2 24 | $441.5M | $447.3M | ||
| Q1 24 | $408.9M | $395.7M |
| Q4 25 | $800.4M | $2.5B | ||
| Q3 25 | $816.3M | $2.3B | ||
| Q2 25 | $874.7M | $2.4B | ||
| Q1 25 | $852.8M | $2.3B | ||
| Q4 24 | $841.6M | $2.2B | ||
| Q3 24 | $843.6M | $2.0B | ||
| Q2 24 | $882.9M | $1.9B | ||
| Q1 24 | $867.8M | $1.8B |
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.37× | — | ||
| Q2 25 | 0.44× | — | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | $59.8M | $444.4M |
| Free Cash FlowOCF − Capex | $47.9M | $440.8M |
| FCF MarginFCF / Revenue | 27.8% | 179.0% |
| Capex IntensityCapex / Revenue | 6.9% | 1.5% |
| Cash ConversionOCF / Net Profit | 9.65× | 4.55× |
| TTM Free Cash FlowTrailing 4 quarters | $107.8M | $771.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $59.8M | $444.4M | ||
| Q3 25 | $74.4M | $26.7M | ||
| Q2 25 | $68.4M | $145.0M | ||
| Q1 25 | $-37.7M | $162.0M | ||
| Q4 24 | $56.4M | $331.8M | ||
| Q3 24 | $86.4M | $104.1M | ||
| Q2 24 | $56.2M | $-29.0M | ||
| Q1 24 | $-27.9M | $182.0M |
| Q4 25 | $47.9M | $440.8M | ||
| Q3 25 | $59.2M | $25.9M | ||
| Q2 25 | $51.7M | $144.5M | ||
| Q1 25 | $-51.0M | $160.3M | ||
| Q4 24 | $41.3M | $327.8M | ||
| Q3 24 | $67.3M | $103.2M | ||
| Q2 24 | $36.8M | $-30.1M | ||
| Q1 24 | $-40.2M | $181.0M |
| Q4 25 | 27.8% | 179.0% | ||
| Q3 25 | 33.8% | 12.0% | ||
| Q2 25 | 23.7% | 65.1% | ||
| Q1 25 | -25.4% | 74.1% | ||
| Q4 24 | 26.4% | 202.5% | ||
| Q3 24 | 37.5% | 58.9% | ||
| Q2 24 | 15.2% | -14.6% | ||
| Q1 24 | -19.8% | 87.6% |
| Q4 25 | 6.9% | 1.5% | ||
| Q3 25 | 8.7% | 0.4% | ||
| Q2 25 | 7.7% | 0.2% | ||
| Q1 25 | 6.6% | 0.8% | ||
| Q4 24 | 9.7% | 2.5% | ||
| Q3 24 | 10.6% | 0.5% | ||
| Q2 24 | 8.0% | 0.5% | ||
| Q1 24 | 6.0% | 0.5% |
| Q4 25 | 9.65× | 4.55× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | 1.89× | 2.19× | ||
| Q1 25 | -1.22× | 2.32× | ||
| Q4 24 | 8.95× | 128.41× | ||
| Q3 24 | 9.93× | 18.33× | ||
| Q2 24 | 1.27× | -0.54× | ||
| Q1 24 | -0.84× | 3.82× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DFIN
| Technology Service | $68.0M | 39% |
| Capital Markets Compliance And Communications Management | $61.6M | 36% |
| Investment Companies Software Solutions | $30.9M | 18% |
| Print And Distribution Service | $13.6M | 8% |
HCI
| Insurance Operation | $218.3M | 89% |
| Reciprocal Exchange Operation | $27.0M | 11% |
