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Side-by-side financial comparison of Emerald Holding, Inc. (EEX) and Employers Holdings, Inc. (EIG). Click either name above to swap in a different company.
Employers Holdings, Inc. is the larger business by last-quarter revenue ($170.5M vs $132.7M, roughly 1.3× Emerald Holding, Inc.). On growth, Emerald Holding, Inc. posted the faster year-over-year revenue change (24.3% vs -21.3%). Over the past eight quarters, Emerald Holding, Inc.'s revenue compounded faster (-0.3% CAGR vs -11.4%).
TVS Emerald Haven Realty Limited is an Indian real estate development company headquartered in Chennai, Tamil Nadu. A subsidiary of TVS Holdings, it specializes in sustainable residential communities and urban development projects.
Employers Holdings, Inc. is a U.S.-headquartered insurance holding company that specializes in offering workers' compensation insurance and customized risk management services primarily for small and medium-sized enterprises across the United States. It mainly serves clients in low-to-medium hazard industries, helping them mitigate workplace safety risks and meet relevant regulatory requirements for employee protection.
EEX vs EIG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $132.7M | $170.5M |
| Net Profit | $-30.2M | — |
| Gross Margin | — | — |
| Operating Margin | -11.8% | — |
| Net Margin | -22.8% | — |
| Revenue YoY | 24.3% | -21.3% |
| Net Profit YoY | -692.2% | — |
| EPS (diluted) | $-0.15 | — |
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.
| Q1 26 | — | $170.5M | ||
| Q4 25 | $132.7M | $188.5M | ||
| Q3 25 | $77.5M | $239.3M | ||
| Q2 25 | $105.5M | $246.3M | ||
| Q1 25 | $147.7M | $202.6M | ||
| Q4 24 | $106.8M | $216.6M | ||
| Q3 24 | $72.6M | $224.0M | ||
| Q2 24 | $86.0M | $217.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-30.2M | — | ||
| Q3 25 | $-14.4M | $-8.3M | ||
| Q2 25 | $-1.4M | $29.7M | ||
| Q1 25 | $15.3M | $12.8M | ||
| Q4 24 | $5.1M | — | ||
| Q3 24 | $-11.1M | $30.3M | ||
| Q2 24 | $-2.8M | $31.7M |
| Q1 26 | — | — | ||
| Q4 25 | -11.8% | — | ||
| Q3 25 | -10.1% | -4.7% | ||
| Q2 25 | 9.7% | 15.0% | ||
| Q1 25 | 24.2% | 7.8% | ||
| Q4 24 | 19.5% | — | ||
| Q3 24 | -6.5% | 16.4% | ||
| Q2 24 | 7.4% | 18.4% |
| Q1 26 | — | — | ||
| Q4 25 | -22.8% | — | ||
| Q3 25 | -18.6% | -3.5% | ||
| Q2 25 | -1.3% | 12.1% | ||
| Q1 25 | 10.4% | 6.3% | ||
| Q4 24 | 4.8% | — | ||
| Q3 24 | -15.3% | 13.5% | ||
| Q2 24 | -3.3% | 14.6% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.15 | $-0.93 | ||
| Q3 25 | $-0.07 | $-0.36 | ||
| Q2 25 | $-0.01 | $1.23 | ||
| Q1 25 | $0.08 | $0.52 | ||
| Q4 24 | $0.01 | $1.14 | ||
| Q3 24 | $-0.05 | $1.21 | ||
| Q2 24 | $-0.03 | $1.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $100.9M | $169.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $338.8M | $955.7M |
| Total Assets | $1.2B | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $169.9M | ||
| Q4 25 | $100.9M | $169.9M | ||
| Q3 25 | $95.4M | $172.4M | ||
| Q2 25 | $156.4M | $78.1M | ||
| Q1 25 | $276.8M | $100.4M | ||
| Q4 24 | $194.8M | $68.4M | ||
| Q3 24 | $188.9M | $173.9M | ||
| Q2 24 | $193.2M | $126.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $19.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $955.7M | ||
| Q4 25 | $338.8M | $955.7M | ||
| Q3 25 | $369.5M | $1.0B | ||
| Q2 25 | $389.4M | $1.1B | ||
| Q1 25 | $392.1M | $1.1B | ||
| Q4 24 | $385.9M | $1.1B | ||
| Q3 24 | $391.1M | $1.1B | ||
| Q2 24 | $407.6M | $1.0B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $1.2B | $3.4B | ||
| Q3 25 | $1.2B | $3.5B | ||
| Q2 25 | $1.2B | $3.5B | ||
| Q1 25 | $1.2B | $3.6B | ||
| Q4 24 | $1.0B | $3.5B | ||
| Q3 24 | $1.1B | $3.6B | ||
| Q2 24 | $1.1B | $3.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.02× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 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 | $12.3M | — |
| Free Cash FlowOCF − Capex | $11.7M | — |
| FCF MarginFCF / Revenue | 8.8% | — |
| Capex IntensityCapex / Revenue | 0.5% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $41.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $12.3M | $44.7M | ||
| Q3 25 | $1.8M | $29.4M | ||
| Q2 25 | $15.9M | $0 | ||
| Q1 25 | $12.6M | $14.6M | ||
| Q4 24 | $20.6M | $76.4M | ||
| Q3 24 | $9.1M | $51.0M | ||
| Q2 24 | $9.8M | $11.7M |
| Q1 26 | — | — | ||
| Q4 25 | $11.7M | $44.6M | ||
| Q3 25 | $1.5M | — | ||
| Q2 25 | $15.8M | — | ||
| Q1 25 | $12.4M | — | ||
| Q4 24 | $19.9M | $76.3M | ||
| Q3 24 | $9.0M | — | ||
| Q2 24 | $9.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | 8.8% | 23.7% | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 15.0% | — | ||
| Q1 25 | 8.4% | — | ||
| Q4 24 | 18.6% | 35.2% | ||
| Q3 24 | 12.4% | — | ||
| Q2 24 | 11.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 0.1% | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.7% | 0.0% | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | 0.82× | 1.14× | ||
| Q4 24 | 4.04× | — | ||
| Q3 24 | — | 1.68× | ||
| Q2 24 | — | 0.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EEX
| Connections Segment | $121.9M | 92% |
| Commerce Segment | $5.5M | 4% |
| Content | $5.3M | 4% |
EIG
Segment breakdown not available.
