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Side-by-side financial comparison of FinVolution Group (FINV) and Fortrea Holdings Inc. (FTRE). Click either name above to swap in a different company.

Fortrea Holdings Inc. is the larger business by last-quarter revenue ($660.5M vs $479.7M, roughly 1.4× FinVolution Group). FinVolution Group runs the higher net margin — 21.2% vs -4.9%, a 26.1% gap on every dollar of revenue. Fortrea Holdings Inc. produced more free cash flow last quarter ($121.6M vs $70.6M).

Volution Group plc is a manufacturer of ventilation equipment for commercial and residential customers. Based in Crawley, West Sussex, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Fortrea Holdings Inc. is an American contract research organization organized in Delaware and headquartered in Durham, North Carolina with operations in 90 countries. Its customers are primarily in the pharmaceutical, biotechnology, and medical device industries.

FINV vs FTRE — Head-to-Head

Bigger by revenue
FTRE
FTRE
1.4× larger
FTRE
$660.5M
$479.7M
FINV
Higher net margin
FINV
FINV
26.1% more per $
FINV
21.2%
-4.9%
FTRE
More free cash flow
FTRE
FTRE
$51.0M more FCF
FTRE
$121.6M
$70.6M
FINV

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
FINV
FINV
FTRE
FTRE
Revenue
$479.7M
$660.5M
Net Profit
$101.7M
$-32.5M
Gross Margin
Operating Margin
44.6%
-2.1%
Net Margin
21.2%
-4.9%
Revenue YoY
-5.2%
Net Profit YoY
46.9%
EPS (diluted)
$-0.25

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.

Revenue
FINV
FINV
FTRE
FTRE
Q4 25
$660.5M
Q3 25
$701.3M
Q2 25
$710.3M
Q1 25
$479.7M
$651.3M
Q4 24
$697.0M
Q3 24
$674.9M
Q2 24
$662.4M
Q1 24
$662.1M
Net Profit
FINV
FINV
FTRE
FTRE
Q4 25
$-32.5M
Q3 25
$-15.9M
Q2 25
$-374.9M
Q1 25
$101.7M
$-562.9M
Q4 24
$-61.2M
Q3 24
$-27.9M
Q2 24
$-138.4M
Q1 24
$-101.0M
Operating Margin
FINV
FINV
FTRE
FTRE
Q4 25
-2.1%
Q3 25
-1.2%
Q2 25
-46.5%
Q1 25
44.6%
-79.9%
Q4 24
-8.0%
Q3 24
-2.7%
Q2 24
-7.7%
Q1 24
-5.6%
Net Margin
FINV
FINV
FTRE
FTRE
Q4 25
-4.9%
Q3 25
-2.3%
Q2 25
-52.8%
Q1 25
21.2%
-86.4%
Q4 24
-8.8%
Q3 24
-4.1%
Q2 24
-20.9%
Q1 24
-15.3%
EPS (diluted)
FINV
FINV
FTRE
FTRE
Q4 25
$-0.25
Q3 25
$-0.17
Q2 25
$-4.14
Q1 25
$-6.25
Q4 24
$-0.68
Q3 24
$-0.31
Q2 24
$-1.55
Q1 24
$-1.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FINV
FINV
FTRE
FTRE
Cash + ST InvestmentsLiquidity on hand
$745.0M
$174.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$563.5M
Total Assets
$3.4B
$2.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FINV
FINV
FTRE
FTRE
Q4 25
$174.6M
Q3 25
$131.3M
Q2 25
$81.2M
Q1 25
$745.0M
$101.6M
Q4 24
$118.5M
Q3 24
$105.3M
Q2 24
$126.2M
Q1 24
$92.8M
Stockholders' Equity
FINV
FINV
FTRE
FTRE
Q4 25
$563.5M
Q3 25
$580.8M
Q2 25
$589.2M
Q1 25
$858.8M
Q4 24
$1.4B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.6B
Total Assets
FINV
FINV
FTRE
FTRE
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.8B
Q1 25
$3.4B
$3.1B
Q4 24
$3.6B
Q3 24
$3.7B
Q2 24
$3.6B
Q1 24
$4.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FINV
FINV
FTRE
FTRE
Operating Cash FlowLast quarter
$72.0M
$129.1M
Free Cash FlowOCF − Capex
$70.6M
$121.6M
FCF MarginFCF / Revenue
14.7%
18.4%
Capex IntensityCapex / Revenue
0.3%
1.1%
Cash ConversionOCF / Net Profit
0.71×
TTM Free Cash FlowTrailing 4 quarters
$88.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FINV
FINV
FTRE
FTRE
Q4 25
$129.1M
Q3 25
$86.8M
Q2 25
$21.8M
Q1 25
$72.0M
$-124.2M
Q4 24
$17.1M
Q3 24
$-2.4M
Q2 24
$273.7M
Q1 24
$-25.6M
Free Cash Flow
FINV
FINV
FTRE
FTRE
Q4 25
$121.6M
Q3 25
$79.5M
Q2 25
$14.3M
Q1 25
$70.6M
$-127.1M
Q4 24
$13.9M
Q3 24
$-10.6M
Q2 24
$262.5M
Q1 24
$-34.9M
FCF Margin
FINV
FINV
FTRE
FTRE
Q4 25
18.4%
Q3 25
11.3%
Q2 25
2.0%
Q1 25
14.7%
-19.5%
Q4 24
2.0%
Q3 24
-1.6%
Q2 24
39.6%
Q1 24
-5.3%
Capex Intensity
FINV
FINV
FTRE
FTRE
Q4 25
1.1%
Q3 25
1.0%
Q2 25
1.1%
Q1 25
0.3%
0.4%
Q4 24
0.5%
Q3 24
1.2%
Q2 24
1.7%
Q1 24
1.4%
Cash Conversion
FINV
FINV
FTRE
FTRE
Q4 25
Q3 25
Q2 25
Q1 25
0.71×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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