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

FinVolution Group is the larger business by last-quarter revenue ($479.7M vs $243.8M, roughly 2.0× Harmony Biosciences Holdings, Inc.). FinVolution Group runs the higher net margin — 21.2% vs 9.2%, a 12.0% gap on every dollar of revenue. Harmony Biosciences Holdings, Inc. produced more free cash flow last quarter ($126.0M 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.

Harmony Biosciences Holdings, Inc. is a commercial-stage biopharmaceutical company focused on developing and commercializing innovative therapies for rare neurological and central nervous system disorders. Its primary market is the United States, with its core product serving patients living with narcolepsy and other sleep-related CNS conditions across adult and pediatric segments.

FINV vs HRMY — Head-to-Head

Bigger by revenue
FINV
FINV
2.0× larger
FINV
$479.7M
$243.8M
HRMY
Higher net margin
FINV
FINV
12.0% more per $
FINV
21.2%
9.2%
HRMY
More free cash flow
HRMY
HRMY
$55.4M more FCF
HRMY
$126.0M
$70.6M
FINV

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
FINV
FINV
HRMY
HRMY
Revenue
$479.7M
$243.8M
Net Profit
$101.7M
$22.5M
Gross Margin
71.9%
Operating Margin
44.6%
15.8%
Net Margin
21.2%
9.2%
Revenue YoY
21.1%
Net Profit YoY
-54.6%
EPS (diluted)
$0.38

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
HRMY
HRMY
Q4 25
$243.8M
Q3 25
$239.5M
Q2 25
$200.5M
Q1 25
$479.7M
$184.7M
Q4 24
$201.3M
Q3 24
$186.0M
Q2 24
$172.8M
Q1 24
$154.6M
Net Profit
FINV
FINV
HRMY
HRMY
Q4 25
$22.5M
Q3 25
$50.9M
Q2 25
$39.8M
Q1 25
$101.7M
$45.6M
Q4 24
$49.5M
Q3 24
$46.1M
Q2 24
$11.6M
Q1 24
$38.3M
Gross Margin
FINV
FINV
HRMY
HRMY
Q4 25
71.9%
Q3 25
75.1%
Q2 25
81.0%
Q1 25
82.7%
Q4 24
73.0%
Q3 24
77.0%
Q2 24
81.4%
Q1 24
82.2%
Operating Margin
FINV
FINV
HRMY
HRMY
Q4 25
15.8%
Q3 25
27.3%
Q2 25
24.0%
Q1 25
44.6%
30.4%
Q4 24
27.7%
Q3 24
33.2%
Q2 24
12.4%
Q1 24
33.7%
Net Margin
FINV
FINV
HRMY
HRMY
Q4 25
9.2%
Q3 25
21.2%
Q2 25
19.8%
Q1 25
21.2%
24.7%
Q4 24
24.6%
Q3 24
24.8%
Q2 24
6.7%
Q1 24
24.8%
EPS (diluted)
FINV
FINV
HRMY
HRMY
Q4 25
$0.38
Q3 25
$0.87
Q2 25
$0.68
Q1 25
$0.78
Q4 24
$0.85
Q3 24
$0.79
Q2 24
$0.20
Q1 24
$0.67

Balance Sheet & Financial Strength

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

Metric
FINV
FINV
HRMY
HRMY
Cash + ST InvestmentsLiquidity on hand
$745.0M
$775.3M
Total DebtLower is stronger
$163.7M
Stockholders' EquityBook value
$870.2M
Total Assets
$3.4B
$1.3B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FINV
FINV
HRMY
HRMY
Q4 25
$775.3M
Q3 25
$672.6M
Q2 25
$565.3M
Q1 25
$745.0M
$507.0M
Q4 24
$467.2M
Q3 24
$410.5M
Q2 24
$346.9M
Q1 24
$372.4M
Total Debt
FINV
FINV
HRMY
HRMY
Q4 25
$163.7M
Q3 25
$168.5M
Q2 25
$172.1M
Q1 25
$175.7M
Q4 24
$179.3M
Q3 24
$182.8M
Q2 24
$186.4M
Q1 24
$190.0M
Stockholders' Equity
FINV
FINV
HRMY
HRMY
Q4 25
$870.2M
Q3 25
$835.1M
Q2 25
$773.1M
Q1 25
$720.5M
Q4 24
$659.2M
Q3 24
$596.8M
Q2 24
$538.6M
Q1 24
$515.4M
Total Assets
FINV
FINV
HRMY
HRMY
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.1B
Q1 25
$3.4B
$1.1B
Q4 24
$999.2M
Q3 24
$928.1M
Q2 24
$858.4M
Q1 24
$847.0M
Debt / Equity
FINV
FINV
HRMY
HRMY
Q4 25
0.19×
Q3 25
0.20×
Q2 25
0.22×
Q1 25
0.24×
Q4 24
0.27×
Q3 24
0.31×
Q2 24
0.35×
Q1 24
0.37×

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
HRMY
HRMY
Operating Cash FlowLast quarter
$72.0M
$126.2M
Free Cash FlowOCF − Capex
$70.6M
$126.0M
FCF MarginFCF / Revenue
14.7%
51.7%
Capex IntensityCapex / Revenue
0.3%
0.0%
Cash ConversionOCF / Net Profit
0.71×
5.61×
TTM Free Cash FlowTrailing 4 quarters
$347.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FINV
FINV
HRMY
HRMY
Q4 25
$126.2M
Q3 25
$108.7M
Q2 25
$79.3M
Q1 25
$72.0M
$34.0M
Q4 24
$75.6M
Q3 24
$70.5M
Q2 24
$42.6M
Q1 24
$31.1M
Free Cash Flow
FINV
FINV
HRMY
HRMY
Q4 25
$126.0M
Q3 25
$108.7M
Q2 25
$79.3M
Q1 25
$70.6M
$33.9M
Q4 24
$75.0M
Q3 24
$70.5M
Q2 24
$42.0M
Q1 24
$31.1M
FCF Margin
FINV
FINV
HRMY
HRMY
Q4 25
51.7%
Q3 25
45.4%
Q2 25
39.6%
Q1 25
14.7%
18.3%
Q4 24
37.3%
Q3 24
37.9%
Q2 24
24.3%
Q1 24
20.1%
Capex Intensity
FINV
FINV
HRMY
HRMY
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.3%
0.1%
Q4 24
0.3%
Q3 24
0.0%
Q2 24
0.4%
Q1 24
0.0%
Cash Conversion
FINV
FINV
HRMY
HRMY
Q4 25
5.61×
Q3 25
2.14×
Q2 25
1.99×
Q1 25
0.71×
0.75×
Q4 24
1.53×
Q3 24
1.53×
Q2 24
3.68×
Q1 24
0.81×

Financial Flow Comparison

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

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