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Side-by-side financial comparison of Donnelley Financial Solutions, Inc. (DFIN) and IMAX CORP (IMAX). Click either name above to swap in a different company.
Donnelley Financial Solutions, Inc. is the larger business by last-quarter revenue ($172.5M vs $125.2M, roughly 1.4× IMAX CORP). Donnelley Financial Solutions, Inc. runs the higher net margin — 3.6% vs 0.5%, a 3.1% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 10.4%). Donnelley Financial Solutions, Inc. produced more free cash flow last quarter ($47.9M vs $28.0M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% 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.
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
DFIN vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $172.5M | $125.2M |
| Net Profit | $6.2M | $637.0K |
| Gross Margin | — | 57.6% |
| Operating Margin | 8.3% | 19.3% |
| Net Margin | 3.6% | 0.5% |
| Revenue YoY | 10.4% | 35.1% |
| Net Profit YoY | -1.6% | -88.0% |
| EPS (diluted) | $0.31 | $0.02 |
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 | $125.2M | ||
| Q3 25 | $175.3M | $106.7M | ||
| Q2 25 | $218.1M | $91.7M | ||
| Q1 25 | $201.1M | $86.7M | ||
| Q4 24 | $156.3M | $92.7M | ||
| Q3 24 | $179.5M | $91.5M | ||
| Q2 24 | $242.7M | $89.0M | ||
| Q1 24 | $203.4M | $79.1M |
| Q4 25 | $6.2M | $637.0K | ||
| Q3 25 | $-40.9M | $20.7M | ||
| Q2 25 | $36.1M | $11.3M | ||
| Q1 25 | $31.0M | $2.3M | ||
| Q4 24 | $6.3M | $5.3M | ||
| Q3 24 | $8.7M | $13.9M | ||
| Q2 24 | $44.1M | $3.6M | ||
| Q1 24 | $33.3M | $3.3M |
| Q4 25 | — | 57.6% | ||
| Q3 25 | — | 63.1% | ||
| Q2 25 | — | 58.5% | ||
| Q1 25 | — | 61.4% | ||
| Q4 24 | — | 52.2% | ||
| Q3 24 | — | 55.8% | ||
| Q2 24 | — | 49.4% | ||
| Q1 24 | — | 59.3% |
| Q4 25 | 8.3% | 19.3% | ||
| Q3 25 | 16.1% | 27.2% | ||
| Q2 25 | 24.2% | 15.6% | ||
| Q1 25 | 22.8% | 19.3% | ||
| Q4 24 | 6.0% | 10.3% | ||
| Q3 24 | 10.1% | 21.2% | ||
| Q2 24 | 26.6% | 3.2% | ||
| Q1 24 | 21.9% | 15.3% |
| Q4 25 | 3.6% | 0.5% | ||
| Q3 25 | -23.3% | 19.4% | ||
| Q2 25 | 16.6% | 12.3% | ||
| Q1 25 | 15.4% | 2.7% | ||
| Q4 24 | 4.0% | 5.7% | ||
| Q3 24 | 4.8% | 15.2% | ||
| Q2 24 | 18.2% | 4.0% | ||
| Q1 24 | 16.4% | 4.1% |
| Q4 25 | $0.31 | $0.02 | ||
| Q3 25 | $-1.49 | $0.37 | ||
| Q2 25 | $1.28 | $0.20 | ||
| Q1 25 | $1.05 | $0.04 | ||
| Q4 24 | $0.21 | $0.09 | ||
| Q3 24 | $0.29 | $0.26 | ||
| Q2 24 | $1.47 | $0.07 | ||
| Q1 24 | $1.09 | $0.06 |
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 | $151.2M |
| Total DebtLower is stronger | $171.3M | — |
| Stockholders' EquityBook value | $379.2M | $337.9M |
| Total Assets | $800.4M | $894.0M |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.5M | $151.2M | ||
| Q3 25 | $22.7M | $143.1M | ||
| Q2 25 | $33.8M | $109.3M | ||
| Q1 25 | $16.2M | $97.1M | ||
| Q4 24 | $57.3M | $100.6M | ||
| Q3 24 | $33.6M | $104.5M | ||
| Q2 24 | $35.0M | $91.6M | ||
| Q1 24 | $43.7M | $81.0M |
| 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 | $337.9M | ||
| Q3 25 | $423.1M | $349.5M | ||
| Q2 25 | $432.1M | $320.4M | ||
| Q1 25 | $419.9M | $299.5M | ||
| Q4 24 | $436.1M | $299.5M | ||
| Q3 24 | $444.5M | $289.4M | ||
| Q2 24 | $441.5M | $267.2M | ||
| Q1 24 | $408.9M | $258.8M |
| Q4 25 | $800.4M | $894.0M | ||
| Q3 25 | $816.3M | $889.6M | ||
| Q2 25 | $874.7M | $868.6M | ||
| Q1 25 | $852.8M | $848.3M | ||
| Q4 24 | $841.6M | $830.4M | ||
| Q3 24 | $843.6M | $847.6M | ||
| Q2 24 | $882.9M | $827.4M | ||
| Q1 24 | $867.8M | $824.1M |
| 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 | $29.4M |
| Free Cash FlowOCF − Capex | $47.9M | $28.0M |
| FCF MarginFCF / Revenue | 27.8% | 22.3% |
| Capex IntensityCapex / Revenue | 6.9% | 1.1% |
| Cash ConversionOCF / Net Profit | 9.65× | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | $107.8M | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $59.8M | $29.4M | ||
| Q3 25 | $74.4M | $67.5M | ||
| Q2 25 | $68.4M | $23.2M | ||
| Q1 25 | $-37.7M | $7.0M | ||
| Q4 24 | $56.4M | $11.5M | ||
| Q3 24 | $86.4M | $35.3M | ||
| Q2 24 | $56.2M | $35.0M | ||
| Q1 24 | $-27.9M | $-11.0M |
| Q4 25 | $47.9M | $28.0M | ||
| Q3 25 | $59.2M | $64.8M | ||
| Q2 25 | $51.7M | $20.9M | ||
| Q1 25 | $-51.0M | $5.3M | ||
| Q4 24 | $41.3M | $6.9M | ||
| Q3 24 | $67.3M | $34.2M | ||
| Q2 24 | $36.8M | $33.5M | ||
| Q1 24 | $-40.2M | $-12.1M |
| Q4 25 | 27.8% | 22.3% | ||
| Q3 25 | 33.8% | 60.7% | ||
| Q2 25 | 23.7% | 22.8% | ||
| Q1 25 | -25.4% | 6.1% | ||
| Q4 24 | 26.4% | 7.4% | ||
| Q3 24 | 37.5% | 37.3% | ||
| Q2 24 | 15.2% | 37.6% | ||
| Q1 24 | -19.8% | -15.3% |
| Q4 25 | 6.9% | 1.1% | ||
| Q3 25 | 8.7% | 2.6% | ||
| Q2 25 | 7.7% | 2.6% | ||
| Q1 25 | 6.6% | 1.9% | ||
| Q4 24 | 9.7% | 5.0% | ||
| Q3 24 | 10.6% | 1.2% | ||
| Q2 24 | 8.0% | 1.8% | ||
| Q1 24 | 6.0% | 1.4% |
| Q4 25 | 9.65× | 46.11× | ||
| Q3 25 | — | 3.27× | ||
| Q2 25 | 1.89× | 2.06× | ||
| Q1 25 | -1.22× | 2.99× | ||
| Q4 24 | 8.95× | 2.16× | ||
| Q3 24 | 9.93× | 2.54× | ||
| Q2 24 | 1.27× | 9.78× | ||
| Q1 24 | -0.84× | -3.35× |
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% |
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
