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Side-by-side financial comparison of GRAHAM CORP (GHM) and Vitesse Energy, Inc. (VTS). Click either name above to swap in a different company.

Vitesse Energy, Inc. is the larger business by last-quarter revenue ($58.6M vs $56.7M, roughly 1.0× GRAHAM CORP). GRAHAM CORP runs the higher net margin — 5.0% vs -1.3%, a 6.3% gap on every dollar of revenue. On growth, GRAHAM CORP posted the faster year-over-year revenue change (20.5% vs 4.8%). Over the past eight quarters, GRAHAM CORP's revenue compounded faster (7.5% CAGR vs -2.1%).

Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.

Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.

GHM vs VTS — Head-to-Head

Bigger by revenue
VTS
VTS
1.0× larger
VTS
$58.6M
$56.7M
GHM
Growing faster (revenue YoY)
GHM
GHM
+15.7% gap
GHM
20.5%
4.8%
VTS
Higher net margin
GHM
GHM
6.3% more per $
GHM
5.0%
-1.3%
VTS
Faster 2-yr revenue CAGR
GHM
GHM
Annualised
GHM
7.5%
-2.1%
VTS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
GHM
GHM
VTS
VTS
Revenue
$56.7M
$58.6M
Net Profit
$2.8M
$-739.0K
Gross Margin
23.8%
Operating Margin
5.5%
-12.0%
Net Margin
5.0%
-1.3%
Revenue YoY
20.5%
4.8%
Net Profit YoY
79.2%
85.6%
EPS (diluted)
$0.25
$-0.01

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
GHM
GHM
VTS
VTS
Q4 25
$56.7M
$58.6M
Q3 25
$66.0M
$67.4M
Q2 25
$55.5M
$81.8M
Q1 25
$59.3M
$66.2M
Q4 24
$47.0M
$55.9M
Q3 24
$53.6M
$58.3M
Q2 24
$50.0M
$66.6M
Q1 24
$49.1M
$61.2M
Net Profit
GHM
GHM
VTS
VTS
Q4 25
$2.8M
$-739.0K
Q3 25
$3.1M
$-1.3M
Q2 25
$4.6M
$24.7M
Q1 25
$4.4M
$2.7M
Q4 24
$1.6M
$-5.1M
Q3 24
$3.3M
$17.4M
Q2 24
$3.0M
$10.9M
Q1 24
$1.3M
$-2.2M
Gross Margin
GHM
GHM
VTS
VTS
Q4 25
23.8%
Q3 25
21.7%
Q2 25
26.5%
Q1 25
27.0%
Q4 24
24.8%
Q3 24
23.9%
Q2 24
24.8%
Q1 24
25.9%
Operating Margin
GHM
GHM
VTS
VTS
Q4 25
5.5%
-12.0%
Q3 25
6.5%
0.2%
Q2 25
8.9%
22.8%
Q1 25
9.3%
8.1%
Q4 24
4.7%
3.7%
Q3 24
7.9%
15.4%
Q2 24
6.5%
25.2%
Q1 24
3.1%
21.4%
Net Margin
GHM
GHM
VTS
VTS
Q4 25
5.0%
-1.3%
Q3 25
4.7%
-1.9%
Q2 25
8.3%
30.2%
Q1 25
7.4%
4.0%
Q4 24
3.4%
-9.2%
Q3 24
6.1%
29.9%
Q2 24
5.9%
16.4%
Q1 24
2.7%
-3.6%
EPS (diluted)
GHM
GHM
VTS
VTS
Q4 25
$0.25
$-0.01
Q3 25
$0.28
$-0.03
Q2 25
$0.42
$0.60
Q1 25
$0.40
$0.08
Q4 24
$0.14
$-0.15
Q3 24
$0.30
$0.53
Q2 24
$0.27
$0.33
Q1 24
$0.11
$-0.07

Balance Sheet & Financial Strength

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

Metric
GHM
GHM
VTS
VTS
Cash + ST InvestmentsLiquidity on hand
$22.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$131.3M
$629.3M
Total Assets
$292.9M
$893.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GHM
GHM
VTS
VTS
Q4 25
$22.3M
Q3 25
$20.6M
Q2 25
$10.8M
Q1 25
$21.6M
$4.5M
Q4 24
$30.0M
$3.0M
Q3 24
$32.3M
Q2 24
$21.6M
Q1 24
$16.9M
Stockholders' Equity
GHM
GHM
VTS
VTS
Q4 25
$131.3M
$629.3M
Q3 25
$127.6M
$650.3M
Q2 25
$123.4M
$671.9M
Q1 25
$119.6M
$667.7M
Q4 24
$114.4M
$500.3M
Q3 24
$112.5M
$520.4M
Q2 24
$108.2M
$518.5M
Q1 24
$105.6M
$522.7M
Total Assets
GHM
GHM
VTS
VTS
Q4 25
$292.9M
$893.4M
Q3 25
$287.0M
$932.9M
Q2 25
$252.3M
$951.5M
Q1 25
$264.1M
$975.2M
Q4 24
$264.3M
$810.9M
Q3 24
$249.5M
$791.2M
Q2 24
$244.2M
$778.4M
Q1 24
$233.9M
$749.7M

Cash Flow & Capital Efficiency

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

Metric
GHM
GHM
VTS
VTS
Operating Cash FlowLast quarter
$4.8M
$37.4M
Free Cash FlowOCF − Capex
$2.4M
FCF MarginFCF / Revenue
4.3%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
1.67×
TTM Free Cash FlowTrailing 4 quarters
$-6.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GHM
GHM
VTS
VTS
Q4 25
$4.8M
$37.4M
Q3 25
$13.6M
$49.4M
Q2 25
$-2.3M
$66.0M
Q1 25
$-3.6M
$17.5M
Q4 24
$5.2M
$34.7M
Q3 24
$13.9M
$45.7M
Q2 24
$8.7M
$35.2M
Q1 24
$8.6M
$39.4M
Free Cash Flow
GHM
GHM
VTS
VTS
Q4 25
$2.4M
Q3 25
$9.4M
Q2 25
$-9.3M
Q1 25
$-8.7M
Q4 24
$-2.1M
Q3 24
$10.4M
Q2 24
$5.7M
Q1 24
$4.6M
FCF Margin
GHM
GHM
VTS
VTS
Q4 25
4.3%
Q3 25
14.3%
Q2 25
-16.7%
Q1 25
-14.7%
Q4 24
-4.5%
Q3 24
19.5%
Q2 24
11.5%
Q1 24
9.4%
Capex Intensity
GHM
GHM
VTS
VTS
Q4 25
4.1%
Q3 25
6.3%
Q2 25
12.6%
Q1 25
8.7%
Q4 24
15.6%
Q3 24
6.5%
Q2 24
6.0%
Q1 24
8.2%
Cash Conversion
GHM
GHM
VTS
VTS
Q4 25
1.67×
Q3 25
4.40×
Q2 25
-0.49×
2.68×
Q1 25
-0.81×
6.56×
Q4 24
3.29×
Q3 24
4.25×
2.62×
Q2 24
2.94×
3.22×
Q1 24
6.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GHM
GHM

Defense$35.3M62%
Energy And Process$18.3M32%
Space$3.1M6%

VTS
VTS

Oil Reserves$54.5M93%
Natural Gas Reserves$4.2M7%

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