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Side-by-side financial comparison of FLEXSTEEL INDUSTRIES INC (FLXS) and Zai Lab Ltd (ZLAB). Click either name above to swap in a different company.

Zai Lab Ltd is the larger business by last-quarter revenue ($127.1M vs $115.1M, roughly 1.1× FLEXSTEEL INDUSTRIES INC). On growth, Zai Lab Ltd posted the faster year-over-year revenue change (17.1% vs 1.0%). Over the past eight quarters, Zai Lab Ltd's revenue compounded faster (20.8% CAGR vs 1.9%).

Flexsteel Industries Inc is a leading U.S.-headquartered furniture manufacturer that designs, produces and distributes a wide portfolio of upholstered residential, commercial, and hospitality furniture. It primarily operates across North American markets, serving end consumers, retail partners and corporate clients through its extensive distribution network.

Zai Lab Ltd is a global biopharmaceutical company focused on developing, manufacturing and commercializing innovative therapies for oncology, autoimmune disorders, infectious diseases and other unmet medical needs. It operates primarily in the Greater China region and partners with leading global biotech firms to expand access to life-saving treatments for underserved patient populations.

FLXS vs ZLAB — Head-to-Head

Bigger by revenue
ZLAB
ZLAB
1.1× larger
ZLAB
$127.1M
$115.1M
FLXS
Growing faster (revenue YoY)
ZLAB
ZLAB
+16.1% gap
ZLAB
17.1%
1.0%
FLXS
Faster 2-yr revenue CAGR
ZLAB
ZLAB
Annualised
ZLAB
20.8%
1.9%
FLXS

Income Statement — Q1 FY2027 vs Q4 FY2025

Metric
FLXS
FLXS
ZLAB
ZLAB
Revenue
$115.1M
$127.1M
Net Profit
$20.4M
Gross Margin
22.6%
51.0%
Operating Margin
-54.6%
Net Margin
17.7%
Revenue YoY
1.0%
17.1%
Net Profit YoY
116.0%
EPS (diluted)
$1.14
$-0.05

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
FLXS
FLXS
ZLAB
ZLAB
Q3 26
$115.1M
Q4 25
$118.2M
$127.1M
Q3 25
$110.4M
$115.4M
Q2 25
$114.6M
$109.1M
Q1 25
$114.0M
$105.7M
Q4 24
$108.5M
$108.5M
Q3 24
$104.0M
$101.8M
Q2 24
$110.8M
$100.1M
Net Profit
FLXS
FLXS
ZLAB
ZLAB
Q3 26
$20.4M
Q4 25
$6.6M
Q3 25
$7.3M
$-36.0M
Q2 25
$10.7M
$-40.7M
Q1 25
$-3.7M
$-48.4M
Q4 24
$9.1M
Q3 24
$4.1M
$-41.7M
Q2 24
$4.9M
$-80.3M
Gross Margin
FLXS
FLXS
ZLAB
ZLAB
Q3 26
22.6%
Q4 25
22.7%
51.0%
Q3 25
23.5%
59.5%
Q2 25
23.9%
60.6%
Q1 25
22.2%
63.6%
Q4 24
21.0%
61.5%
Q3 24
21.5%
64.1%
Q2 24
21.3%
64.9%
Operating Margin
FLXS
FLXS
ZLAB
ZLAB
Q3 26
Q4 25
7.6%
-54.6%
Q3 25
8.1%
-42.3%
Q2 25
12.2%
-50.3%
Q1 25
-4.4%
-53.3%
Q4 24
10.7%
-62.6%
Q3 24
5.8%
-66.6%
Q2 24
6.9%
-76.0%
Net Margin
FLXS
FLXS
ZLAB
ZLAB
Q3 26
17.7%
Q4 25
5.6%
Q3 25
6.6%
-31.2%
Q2 25
9.3%
-37.3%
Q1 25
-3.3%
-45.8%
Q4 24
8.3%
Q3 24
4.0%
-40.9%
Q2 24
4.4%
-80.2%
EPS (diluted)
FLXS
FLXS
ZLAB
ZLAB
Q3 26
$1.14
Q4 25
$1.18
$-0.05
Q3 25
$1.31
$-0.03
Q2 25
$1.90
$-0.04
Q1 25
$-0.71
$-0.04
Q4 24
$1.62
$-0.09
Q3 24
$0.74
$-0.04
Q2 24
$0.87
$-0.08

Balance Sheet & Financial Strength

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

Metric
FLXS
FLXS
ZLAB
ZLAB
Cash + ST InvestmentsLiquidity on hand
$57.3M
$689.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$185.3M
$715.5M
Total Assets
$290.2M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLXS
FLXS
ZLAB
ZLAB
Q3 26
$57.3M
Q4 25
$36.8M
$689.6M
Q3 25
$38.6M
$717.2M
Q2 25
$40.0M
$732.2M
Q1 25
$22.6M
$757.3M
Q4 24
$11.8M
$779.7M
Q3 24
$5.7M
$616.1M
Q2 24
$4.8M
$630.0M
Stockholders' Equity
FLXS
FLXS
ZLAB
ZLAB
Q3 26
$185.3M
Q4 25
$178.9M
$715.5M
Q3 25
$172.2M
$759.9M
Q2 25
$167.9M
$791.7M
Q1 25
$158.1M
$810.8M
Q4 24
$161.9M
$840.9M
Q3 24
$154.7M
$667.7M
Q2 24
$150.4M
$704.2M
Total Assets
FLXS
FLXS
ZLAB
ZLAB
Q3 26
$290.2M
Q4 25
$290.2M
$1.2B
Q3 25
$281.5M
$1.2B
Q2 25
$282.5M
$1.2B
Q1 25
$266.1M
$1.2B
Q4 24
$271.5M
$1.2B
Q3 24
$268.7M
$985.3M
Q2 24
$274.5M
$987.4M

Cash Flow & Capital Efficiency

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

Metric
FLXS
FLXS
ZLAB
ZLAB
Operating Cash FlowLast quarter
$27.2M
$-26.0M
Free Cash FlowOCF − Capex
$-26.7M
FCF MarginFCF / Revenue
-21.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
1.33×
TTM Free Cash FlowTrailing 4 quarters
$-158.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLXS
FLXS
ZLAB
ZLAB
Q3 26
$27.2M
Q4 25
$1.0M
$-26.0M
Q3 25
$4.1M
$-32.0M
Q2 25
$15.6M
$-31.0M
Q1 25
$12.3M
$-61.7M
Q4 24
$6.7M
$-55.8M
Q3 24
$2.4M
$-26.8M
Q2 24
$7.5M
$-42.2M
Free Cash Flow
FLXS
FLXS
ZLAB
ZLAB
Q3 26
Q4 25
$-735.0K
$-26.7M
Q3 25
$2.8M
$-35.0M
Q2 25
$15.1M
$-33.9M
Q1 25
$10.9M
$-63.2M
Q4 24
$5.8M
$-58.4M
Q3 24
$2.0M
$-28.2M
Q2 24
$7.1M
$-42.9M
FCF Margin
FLXS
FLXS
ZLAB
ZLAB
Q3 26
Q4 25
-0.6%
-21.0%
Q3 25
2.5%
-30.4%
Q2 25
13.1%
-31.1%
Q1 25
9.6%
-59.9%
Q4 24
5.3%
-53.8%
Q3 24
1.9%
-27.7%
Q2 24
6.4%
-42.9%
Capex Intensity
FLXS
FLXS
ZLAB
ZLAB
Q3 26
Q4 25
1.5%
0.5%
Q3 25
1.2%
2.6%
Q2 25
0.5%
2.6%
Q1 25
1.2%
1.5%
Q4 24
0.8%
2.4%
Q3 24
0.4%
1.3%
Q2 24
0.4%
0.7%
Cash Conversion
FLXS
FLXS
ZLAB
ZLAB
Q3 26
1.33×
Q4 25
0.15×
Q3 25
0.56×
Q2 25
1.46×
Q1 25
Q4 24
0.74×
Q3 24
0.58×
Q2 24
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLXS
FLXS

Segment breakdown not available.

ZLAB
ZLAB

Zejula$56.0M44%
Other$21.9M17%
Nuzyra$16.0M13%
Optune$11.9M9%
XACDURO$10.7M8%
Qinlock$9.7M8%
AUGTYRO$836.0K1%

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