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Side-by-side financial comparison of Fossil Group, Inc. (FOSL) and HUTCHMED (China) Ltd (HCM). Click either name above to swap in a different company.

HUTCHMED (China) Ltd is the larger business by last-quarter revenue ($270.8M vs $270.2M, roughly 1.0× Fossil Group, Inc.). HUTCHMED (China) Ltd runs the higher net margin — 0.7% vs -14.8%, a 15.5% gap on every dollar of revenue. On growth, HUTCHMED (China) Ltd posted the faster year-over-year revenue change (-16.5% vs -21.1%). HUTCHMED (China) Ltd produced more free cash flow last quarter ($3.4M vs $-22.5M).

Fossil Group, Inc., is an American fashion design and manufacturer founded in 1984 by Tom Kartsotis and based in Richardson, Texas. Their brands include Fossil, Relic, Michele Watch, Skagen Denmark, WSI, and Zodiac Watches. Fossil also makes licensed accessories for brands such as BMW, Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange.

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

FOSL vs HCM — Head-to-Head

Bigger by revenue
HCM
HCM
1.0× larger
HCM
$270.8M
$270.2M
FOSL
Growing faster (revenue YoY)
HCM
HCM
+4.5% gap
HCM
-16.5%
-21.1%
FOSL
Higher net margin
HCM
HCM
15.5% more per $
HCM
0.7%
-14.8%
FOSL
More free cash flow
HCM
HCM
$25.9M more FCF
HCM
$3.4M
$-22.5M
FOSL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FOSL
FOSL
HCM
HCM
Revenue
$270.2M
$270.8M
Net Profit
$-40.0M
$2.0M
Gross Margin
49.0%
37.7%
Operating Margin
-8.0%
-13.2%
Net Margin
-14.8%
0.7%
Revenue YoY
-21.1%
-16.5%
Net Profit YoY
-257.8%
-83.6%
EPS (diluted)
$-0.76
$0.00

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
FOSL
FOSL
HCM
HCM
Q4 25
$270.2M
$270.8M
Q3 25
$220.4M
Q2 25
$233.3M
$277.7M
Q1 25
$324.5M
Q4 24
$342.3M
Q3 24
$287.8M
Q2 24
$260.0M
$305.7M
Q1 24
$254.9M
Net Profit
FOSL
FOSL
HCM
HCM
Q4 25
$-40.0M
$2.0M
Q3 25
$-2.1M
Q2 25
$-17.9M
$455.0M
Q1 25
$11.9M
Q4 24
$-11.2M
Q3 24
$-31.9M
Q2 24
$-38.8M
$25.8M
Q1 24
$-24.3M
Gross Margin
FOSL
FOSL
HCM
HCM
Q4 25
49.0%
37.7%
Q3 25
57.5%
Q2 25
61.3%
0.1%
Q1 25
48.0%
Q4 24
53.9%
Q3 24
49.4%
Q2 24
52.6%
41.1%
Q1 24
52.4%
Operating Margin
FOSL
FOSL
HCM
HCM
Q4 25
-8.0%
-13.2%
Q3 25
3.9%
Q2 25
-2.9%
-1.3%
Q1 25
-5.0%
Q4 24
-4.8%
Q3 24
-8.5%
Q2 24
-13.1%
-9.0%
Q1 24
-11.5%
Net Margin
FOSL
FOSL
HCM
HCM
Q4 25
-14.8%
0.7%
Q3 25
-1.0%
Q2 25
-7.7%
163.8%
Q1 25
3.7%
Q4 24
-3.3%
Q3 24
-11.1%
Q2 24
-14.9%
8.4%
Q1 24
-9.5%
EPS (diluted)
FOSL
FOSL
HCM
HCM
Q4 25
$-0.76
$0.00
Q3 25
$-0.04
Q2 25
$-0.33
$0.52
Q1 25
$0.01
Q4 24
$-0.15
Q3 24
$-0.60
Q2 24
$-0.73
$0.03
Q1 24
$-0.46

Balance Sheet & Financial Strength

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

Metric
FOSL
FOSL
HCM
HCM
Cash + ST InvestmentsLiquidity on hand
$79.2M
$1.4B
Total DebtLower is stronger
$169.1M
$93.2M
Stockholders' EquityBook value
$112.6M
$1.2B
Total Assets
$701.0M
$1.8B
Debt / EquityLower = less leverage
1.50×
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOSL
FOSL
HCM
HCM
Q4 25
$79.2M
$1.4B
Q3 25
$109.9M
Q2 25
$78.3M
$1.4B
Q1 25
$836.1M
Q4 24
$123.6M
Q3 24
$106.3M
Q2 24
$104.9M
$802.5M
Q1 24
$112.9M
Total Debt
FOSL
FOSL
HCM
HCM
Q4 25
$169.1M
$93.2M
Q3 25
$165.6M
Q2 25
$167.2M
$93.4M
Q1 25
$82.8M
Q4 24
$162.7M
Q3 24
$173.4M
Q2 24
$156.5M
$82.1M
Q1 24
$202.9M
Stockholders' Equity
FOSL
FOSL
HCM
HCM
Q4 25
$112.6M
$1.2B
Q3 25
$150.3M
Q2 25
$140.6M
$1.2B
Q1 25
$759.9M
Q4 24
$148.7M
Q3 24
$164.4M
Q2 24
$189.6M
$740.1M
Q1 24
$229.1M
Total Assets
FOSL
FOSL
HCM
HCM
Q4 25
$701.0M
$1.8B
Q3 25
$704.5M
Q2 25
$686.0M
$1.8B
Q1 25
$1.3B
Q4 24
$763.6M
Q3 24
$812.4M
Q2 24
$785.7M
$1.3B
Q1 24
$891.0M
Debt / Equity
FOSL
FOSL
HCM
HCM
Q4 25
1.50×
0.08×
Q3 25
1.10×
Q2 25
1.19×
0.08×
Q1 25
0.11×
Q4 24
1.09×
Q3 24
1.06×
Q2 24
0.83×
0.11×
Q1 24
0.89×

Cash Flow & Capital Efficiency

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

Metric
FOSL
FOSL
HCM
HCM
Operating Cash FlowLast quarter
$-22.2M
$8.2M
Free Cash FlowOCF − Capex
$-22.5M
$3.4M
FCF MarginFCF / Revenue
-8.3%
1.2%
Capex IntensityCapex / Revenue
0.1%
1.8%
Cash ConversionOCF / Net Profit
4.21×
TTM Free Cash FlowTrailing 4 quarters
$-46.0M
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOSL
FOSL
HCM
HCM
Q4 25
$-22.2M
$8.2M
Q3 25
$9.4M
Q2 25
$-60.4M
$-72.9M
Q1 25
$40.3M
Q4 24
$30.5M
Q3 24
$-22.8M
Q2 24
$38.4M
$-39.8M
Q1 24
$622.0K
Free Cash Flow
FOSL
FOSL
HCM
HCM
Q4 25
$-22.5M
$3.4M
Q3 25
$8.6M
Q2 25
$-60.6M
$-82.2M
Q1 25
$32.5M
Q4 24
$28.5M
Q3 24
$-24.1M
Q2 24
$36.6M
$-49.9M
Q1 24
$-1.1M
FCF Margin
FOSL
FOSL
HCM
HCM
Q4 25
-8.3%
1.2%
Q3 25
3.9%
Q2 25
-26.0%
-29.6%
Q1 25
10.0%
Q4 24
8.3%
Q3 24
-8.4%
Q2 24
14.1%
-16.3%
Q1 24
-0.4%
Capex Intensity
FOSL
FOSL
HCM
HCM
Q4 25
0.1%
1.8%
Q3 25
0.4%
Q2 25
0.1%
3.3%
Q1 25
2.4%
Q4 24
0.6%
Q3 24
0.4%
Q2 24
0.7%
3.3%
Q1 24
0.7%
Cash Conversion
FOSL
FOSL
HCM
HCM
Q4 25
4.21×
Q3 25
Q2 25
-0.16×
Q1 25
3.38×
Q4 24
Q3 24
Q2 24
-1.54×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FOSL
FOSL

Transferred At Point In Time$109.7M41%
Traditional Watches$91.3M34%
Other$50.8M19%
Leathers$9.5M4%
Jewelry$4.0M1%
Smartwatches$3.3M1%
Products Other$1.6M1%

HCM
HCM

Segment breakdown not available.

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