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Side-by-side financial comparison of VAALCO ENERGY INC (EGY) and Limbach Holdings, Inc. (LMB). Click either name above to swap in a different company.
Limbach Holdings, Inc. is the larger business by last-quarter revenue ($138.9M vs $91.0M, roughly 1.5× VAALCO ENERGY INC). Limbach Holdings, Inc. runs the higher net margin — 3.2% vs -64.4%, a 67.5% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (4.3% vs -25.2%). Over the past eight quarters, Limbach Holdings, Inc.'s revenue compounded faster (6.6% CAGR vs -4.7%).
VAALCO Energy is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston, Texas with operations primarily in the Etame Marin block offshore Gabon.
Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.
EGY vs LMB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $91.0M | $138.9M |
| Net Profit | $-58.6M | $4.4M |
| Gross Margin | — | 22.4% |
| Operating Margin | -71.3% | 0.8% |
| Net Margin | -64.4% | 3.2% |
| Revenue YoY | -25.2% | 4.3% |
| Net Profit YoY | -602.5% | — |
| EPS (diluted) | $-0.56 | $0.36 |
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 | — | $138.9M | ||
| Q4 25 | $91.0M | $186.9M | ||
| Q3 25 | $61.0M | $184.6M | ||
| Q2 25 | $96.9M | $142.2M | ||
| Q1 25 | $110.3M | $133.1M | ||
| Q4 24 | $121.7M | $143.7M | ||
| Q3 24 | $140.3M | $133.9M | ||
| Q2 24 | $116.8M | $122.2M |
| Q1 26 | — | $4.4M | ||
| Q4 25 | $-58.6M | $12.3M | ||
| Q3 25 | $1.1M | $8.8M | ||
| Q2 25 | $8.4M | $7.8M | ||
| Q1 25 | $7.7M | $10.2M | ||
| Q4 24 | $11.7M | $9.8M | ||
| Q3 24 | $11.0M | $7.5M | ||
| Q2 24 | $28.2M | $6.0M |
| Q1 26 | — | 22.4% | ||
| Q4 25 | — | 25.7% | ||
| Q3 25 | — | 24.2% | ||
| Q2 25 | — | 28.0% | ||
| Q1 25 | — | 27.6% | ||
| Q4 24 | — | 30.3% | ||
| Q3 24 | — | 27.0% | ||
| Q2 24 | — | 27.4% |
| Q1 26 | — | 0.8% | ||
| Q4 25 | -71.3% | 9.4% | ||
| Q3 25 | 1.5% | 7.2% | ||
| Q2 25 | 17.7% | 7.5% | ||
| Q1 25 | 23.7% | 5.9% | ||
| Q4 24 | 32.7% | 9.1% | ||
| Q3 24 | 31.4% | 8.1% | ||
| Q2 24 | 17.5% | 6.7% |
| Q1 26 | — | 3.2% | ||
| Q4 25 | -64.4% | 6.6% | ||
| Q3 25 | 1.8% | 4.8% | ||
| Q2 25 | 8.6% | 5.5% | ||
| Q1 25 | 7.0% | 7.7% | ||
| Q4 24 | 9.6% | 6.9% | ||
| Q3 24 | 7.8% | 5.6% | ||
| Q2 24 | 24.1% | 4.9% |
| Q1 26 | — | $0.36 | ||
| Q4 25 | $-0.56 | $1.01 | ||
| Q3 25 | $0.01 | $0.73 | ||
| Q2 25 | $0.08 | $0.64 | ||
| Q1 25 | $0.07 | $0.85 | ||
| Q4 24 | $0.12 | $0.81 | ||
| Q3 24 | $0.10 | $0.62 | ||
| Q2 24 | $0.27 | $0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $58.9M | $15.8M |
| Total DebtLower is stronger | $60.0M | $56.6M |
| Stockholders' EquityBook value | $443.5M | $196.3M |
| Total Assets | $913.4M | $377.0M |
| Debt / EquityLower = less leverage | 0.14× | 0.29× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $15.8M | ||
| Q4 25 | $58.9M | $11.3M | ||
| Q3 25 | $24.0M | $9.8M | ||
| Q2 25 | $67.9M | $38.9M | ||
| Q1 25 | $40.9M | $38.1M | ||
| Q4 24 | $82.7M | $44.9M | ||
| Q3 24 | $89.1M | $51.2M | ||
| Q2 24 | $62.9M | $59.5M |
| Q1 26 | — | $56.6M | ||
| Q4 25 | $60.0M | $30.5M | ||
| Q3 25 | $60.0M | $56.3M | ||
| Q2 25 | $60.0M | $28.4M | ||
| Q1 25 | $0 | $23.7M | ||
| Q4 24 | $0 | $23.6M | ||
| Q3 24 | $0 | $20.5M | ||
| Q2 24 | $0 | $19.7M |
| Q1 26 | — | $196.3M | ||
| Q4 25 | $443.5M | $195.7M | ||
| Q3 25 | $505.9M | $181.6M | ||
| Q2 25 | $511.6M | $170.5M | ||
| Q1 25 | $504.1M | $161.1M | ||
| Q4 24 | $501.6M | $153.5M | ||
| Q3 24 | $501.0M | $142.2M | ||
| Q2 24 | $493.6M | $133.0M |
| Q1 26 | — | $377.0M | ||
| Q4 25 | $913.4M | $381.1M | ||
| Q3 25 | $950.4M | $409.1M | ||
| Q2 25 | $964.9M | $343.0M | ||
| Q1 25 | $927.1M | $336.4M | ||
| Q4 24 | $955.0M | $352.1M | ||
| Q3 24 | $937.9M | $324.4M | ||
| Q2 24 | $917.4M | $303.9M |
| Q1 26 | — | 0.29× | ||
| Q4 25 | 0.14× | 0.16× | ||
| Q3 25 | 0.12× | 0.31× | ||
| Q2 25 | 0.12× | 0.17× | ||
| Q1 25 | 0.00× | 0.15× | ||
| Q4 24 | 0.00× | 0.15× | ||
| Q3 24 | 0.00× | 0.14× | ||
| Q2 24 | 0.00× | 0.15× |
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 | $145.2M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $145.2M | $28.1M | ||
| Q3 25 | $16.4M | $13.3M | ||
| Q2 25 | $18.3M | $2.0M | ||
| Q1 25 | $32.7M | $2.2M | ||
| Q4 24 | $44.5M | $19.3M | ||
| Q3 24 | $47.8M | $4.9M | ||
| Q2 24 | $-438.0K | $16.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $27.9M | ||
| Q3 25 | — | $12.8M | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | $29.7M | $11.0K | ||
| Q4 24 | — | $18.0M | ||
| Q3 24 | — | $4.6M | ||
| Q2 24 | — | $13.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 14.9% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | 26.9% | 0.0% | ||
| Q4 24 | — | 12.5% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | 10.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | 2.7% | 1.7% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.29× | ||
| Q3 25 | 14.94× | 1.52× | ||
| Q2 25 | 2.19× | 0.26× | ||
| Q1 25 | 4.23× | 0.22× | ||
| Q4 24 | 3.82× | 1.96× | ||
| Q3 24 | 4.35× | 0.66× | ||
| Q2 24 | -0.02× | 2.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EGY
| Crude Oil Sales And Purchase Agreements | $54.8M | 60% |
| Other | $31.9M | 35% |
| Crude Oil | $3.0M | 3% |
| Natural Gas Liquids Reserves | $1.4M | 2% |
LMB
| ODR | $99.8M | 72% |
| GCR | $39.0M | 28% |
