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Side-by-side financial comparison of Elite Express Holding Inc. (ETS) and Innventure, Inc. (INV). Click either name above to swap in a different company.
Innventure, Inc. is the larger business by last-quarter revenue ($822.0K vs $805.3K, roughly 1.0× Elite Express Holding Inc.). Elite Express Holding Inc. runs the higher net margin — -13.7% vs -4593.8%, a 4580.1% gap on every dollar of revenue. Elite Express Holding Inc. produced more free cash flow last quarter ($-1.3M vs $-82.1M).
American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan.
Innventure, Inc. is a business development and commercialization firm that partners with large global corporations to turn their underutilized intellectual property and unused R&D innovations into scalable, high-growth independent businesses. It focuses on sectors including sustainability, advanced materials and life sciences, serving primarily North American and European markets.
ETS vs INV — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $805.3K | $822.0K |
| Net Profit | $-110.1K | $-37.8M |
| Gross Margin | 19.5% | -1315.8% |
| Operating Margin | -38.2% | -3859.1% |
| Net Margin | -13.7% | -4593.8% |
| Revenue YoY | — | — |
| Net Profit YoY | — | — |
| EPS (diluted) | $-0.01 | $-0.18 |
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 | $805.3K | — | ||
| Q4 25 | — | $822.0K | ||
| Q3 25 | $633.9K | $534.0K | ||
| Q2 25 | — | $476.0K | ||
| Q1 25 | — | $224.0K | ||
| Q3 24 | — | $317.0K |
| Q1 26 | $-110.1K | — | ||
| Q4 25 | — | $-37.8M | ||
| Q3 25 | $-185.9K | $-28.3M | ||
| Q2 25 | — | $-84.2M | ||
| Q1 25 | — | $-143.0M | ||
| Q3 24 | — | $-2.2M |
| Q1 26 | 19.5% | — | ||
| Q4 25 | — | -1315.8% | ||
| Q3 25 | 1.1% | -676.6% | ||
| Q2 25 | — | -501.1% | ||
| Q1 25 | — | 17.9% | ||
| Q3 24 | — | -145.1% |
| Q1 26 | -38.2% | — | ||
| Q4 25 | — | -3859.1% | ||
| Q3 25 | -22.8% | -5469.1% | ||
| Q2 25 | — | -29952.5% | ||
| Q1 25 | — | -116606.3% | ||
| Q3 24 | — | -4313.6% |
| Q1 26 | -13.7% | — | ||
| Q4 25 | — | -4593.8% | ||
| Q3 25 | -29.3% | -5305.6% | ||
| Q2 25 | — | -17694.7% | ||
| Q1 25 | — | -63837.9% | ||
| Q3 24 | — | -697.5% |
| Q1 26 | $-0.01 | — | ||
| Q4 25 | — | $-0.18 | ||
| Q3 25 | $-0.01 | $-0.51 | ||
| Q2 25 | — | $-1.60 | ||
| Q1 25 | — | $-3.10 | ||
| Q3 24 | — | $-0.94 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $68.1K | $60.4M |
| Total DebtLower is stronger | — | $8.3M |
| Stockholders' EquityBook value | $13.1M | $204.2M |
| Total Assets | $13.4M | $599.2M |
| Debt / EquityLower = less leverage | — | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $68.1K | — | ||
| Q4 25 | — | $60.4M | ||
| Q3 25 | $13.6M | $9.1M | ||
| Q2 25 | — | $7.0M | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $8.3M | ||
| Q3 25 | — | $29.5M | ||
| Q2 25 | — | $16.8M | ||
| Q1 25 | — | $12.3M | ||
| Q3 24 | — | $14.9M |
| Q1 26 | $13.1M | — | ||
| Q4 25 | — | $204.2M | ||
| Q3 25 | $14.9M | $190.8M | ||
| Q2 25 | — | $218.6M | ||
| Q1 25 | — | $261.5M | ||
| Q3 24 | — | $-22.3M |
| Q1 26 | $13.4M | — | ||
| Q4 25 | — | $599.2M | ||
| Q3 25 | $15.2M | $556.5M | ||
| Q2 25 | — | $556.0M | ||
| Q1 25 | — | $660.4M | ||
| Q3 24 | — | $55.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.08× | ||
| Q1 25 | — | 0.05× | ||
| Q3 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 | $-1.2M | $-80.7M |
| Free Cash FlowOCF − Capex | $-1.3M | $-82.1M |
| FCF MarginFCF / Revenue | -155.9% | -9987.8% |
| Capex IntensityCapex / Revenue | 0.8% | 172.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-139.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-1.2M | — | ||
| Q4 25 | — | $-80.7M | ||
| Q3 25 | — | $-19.6M | ||
| Q2 25 | — | $-22.1M | ||
| Q1 25 | — | $-14.7M | ||
| Q3 24 | — | — |
| Q1 26 | $-1.3M | — | ||
| Q4 25 | — | $-82.1M | ||
| Q3 25 | — | $-20.0M | ||
| Q2 25 | — | $-22.1M | ||
| Q1 25 | — | $-15.6M | ||
| Q3 24 | — | — |
| Q1 26 | -155.9% | — | ||
| Q4 25 | — | -9987.8% | ||
| Q3 25 | — | -3747.8% | ||
| Q2 25 | — | -4637.2% | ||
| Q1 25 | — | -6970.1% | ||
| Q3 24 | — | — |
| Q1 26 | 0.8% | — | ||
| Q4 25 | — | 172.4% | ||
| Q3 25 | — | 82.2% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | — | 409.4% | ||
| Q3 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.