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Side-by-side financial comparison of BingEx Ltd (FLX) and Millrose Properties, Inc. (MRP). Click either name above to swap in a different company.
Millrose Properties, Inc. is the larger business by last-quarter revenue ($189.5M vs $143.2M, roughly 1.3× BingEx Ltd). Millrose Properties, Inc. runs the higher net margin — 64.5% vs 2.2%, a 62.3% gap on every dollar of revenue.
Millrose Properties, Inc. is a U.S.-based real estate enterprise primarily focused on the acquisition, ownership, operation, and management of income-generating multi-family residential assets. Its core markets span the U.S. Mid-Atlantic and Southeast regions, and it also offers professional property management services to select third-party property owners.
FLX vs MRP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.2M | $189.5M |
| Net Profit | $3.2M | $122.2M |
| Gross Margin | 10.8% | — |
| Operating Margin | — | 84.8% |
| Net Margin | 2.2% | 64.5% |
| Revenue YoY | — | — |
| Net Profit YoY | — | 285.8% |
| EPS (diluted) | — | $0.74 |
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 | $143.2M | — | ||
| Q4 25 | — | $189.5M | ||
| Q3 25 | $141.2M | $179.3M | ||
| Q2 25 | $143.0M | $149.0M | ||
| Q1 25 | $141.0M | $82.7M | ||
| Q3 24 | $164.6M | — |
| Q1 26 | $3.2M | — | ||
| Q4 25 | — | $122.2M | ||
| Q3 25 | $6.1M | $105.1M | ||
| Q2 25 | $7.5M | $112.8M | ||
| Q1 25 | $27.6M | $39.8M | ||
| Q3 24 | $3.4M | — |
| Q1 26 | 10.8% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 11.1% | — | ||
| Q2 25 | 12.0% | — | ||
| Q1 25 | 10.0% | — | ||
| Q3 24 | 11.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 84.8% | ||
| Q3 25 | 1.4% | 85.3% | ||
| Q2 25 | 1.9% | 85.1% | ||
| Q1 25 | — | 55.2% | ||
| Q3 24 | 4.0% | — |
| Q1 26 | 2.2% | — | ||
| Q4 25 | — | 64.5% | ||
| Q3 25 | 4.4% | 58.6% | ||
| Q2 25 | 5.2% | 75.7% | ||
| Q1 25 | 19.6% | 48.1% | ||
| Q3 24 | 2.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $0.74 | ||
| Q3 25 | — | $0.63 | ||
| Q2 25 | — | $0.68 | ||
| Q1 25 | — | $0.39 | ||
| Q3 24 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $561.1M | $35.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $5.9B |
| Total Assets | $1.3B | $9.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $561.1M | — | ||
| Q4 25 | — | $35.0M | ||
| Q3 25 | $628.6M | $242.6M | ||
| Q2 25 | $499.4M | $66.6M | ||
| Q1 25 | $592.4M | $89.5M | ||
| Q3 24 | $517.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $5.9B | ||
| Q3 25 | — | $5.9B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q3 24 | — | — |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $9.3B | ||
| Q3 25 | $1.3B | $9.0B | ||
| Q2 25 | $1.2B | $8.0B | ||
| Q1 25 | $1.2B | $7.2B | ||
| Q3 24 | $926.8M | — |
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 | — | $3.7B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 30.05× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $3.7B | ||
| Q3 25 | — | $123.1M | ||
| Q2 25 | — | $109.1M | ||
| Q1 25 | — | $21.3M | ||
| Q3 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 30.05× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 0.53× | ||
| Q3 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
