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Side-by-side financial comparison of HAEMONETICS CORP (HAE) and RLI CORP (RLI). Click either name above to swap in a different company.

RLI CORP is the larger business by last-quarter revenue ($465.7M vs $346.4M, roughly 1.3× HAEMONETICS CORP). HAEMONETICS CORP runs the higher net margin — 28.1% vs 19.6%, a 8.5% gap on every dollar of revenue. On growth, RLI CORP posted the faster year-over-year revenue change (6.1% vs 4.8%). HAEMONETICS CORP produced more free cash flow last quarter ($209.9M vs $155.0M). Over the past eight quarters, RLI CORP's revenue compounded faster (2.3% CAGR vs 1.5%).

Haemonetics Corporation is a global provider of blood and plasma supplies and services. The company was founded in Natick, Massachusetts by Dr. Allen (Jack) Latham in the 1970s.

RLI Corp. is an American insurance company specializing in property insurance and casualty insurance. It is headquartered in Peoria, Illinois.

HAE vs RLI — Head-to-Head

Bigger by revenue
RLI
RLI
1.3× larger
RLI
$465.7M
$346.4M
HAE
Growing faster (revenue YoY)
RLI
RLI
+1.3% gap
RLI
6.1%
4.8%
HAE
Higher net margin
HAE
HAE
8.5% more per $
HAE
28.1%
19.6%
RLI
More free cash flow
HAE
HAE
$54.9M more FCF
HAE
$209.9M
$155.0M
RLI
Faster 2-yr revenue CAGR
RLI
RLI
Annualised
RLI
2.3%
1.5%
HAE

Income Statement — Q4 FY2026 vs Q4 FY2025

Metric
HAE
HAE
RLI
RLI
Revenue
$346.4M
$465.7M
Net Profit
$97.3M
$91.2M
Gross Margin
57.2%
Operating Margin
36.1%
24.4%
Net Margin
28.1%
19.6%
Revenue YoY
4.8%
6.1%
Net Profit YoY
123.1%
EPS (diluted)
$1.00

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
HAE
HAE
RLI
RLI
Q1 26
$346.4M
Q4 25
$339.0M
$465.7M
Q3 25
$327.3M
$509.3M
Q2 25
$321.4M
$499.8M
Q1 25
$330.6M
$407.7M
Q4 24
$348.5M
$439.1M
Q3 24
$345.5M
$470.0M
Q2 24
$336.2M
$416.4M
Net Profit
HAE
HAE
RLI
RLI
Q1 26
$97.3M
Q4 25
$44.7M
$91.2M
Q3 25
$38.7M
$124.6M
Q2 25
$34.0M
$124.3M
Q1 25
$58.0M
$63.2M
Q4 24
$37.5M
$40.9M
Q3 24
$33.8M
$95.0M
Q2 24
$38.4M
$82.0M
Gross Margin
HAE
HAE
RLI
RLI
Q1 26
57.2%
Q4 25
59.7%
Q3 25
59.5%
Q2 25
59.8%
Q1 25
58.4%
Q4 24
55.5%
Q3 24
54.2%
Q2 24
52.0%
Operating Margin
HAE
HAE
RLI
RLI
Q1 26
36.1%
Q4 25
19.9%
24.4%
Q3 25
17.9%
30.9%
Q2 25
16.8%
31.3%
Q1 25
21.6%
19.3%
Q4 24
16.9%
10.8%
Q3 24
15.0%
24.9%
Q2 24
11.8%
24.8%
Net Margin
HAE
HAE
RLI
RLI
Q1 26
28.1%
Q4 25
13.2%
19.6%
Q3 25
11.8%
24.5%
Q2 25
10.6%
24.9%
Q1 25
17.5%
15.5%
Q4 24
10.8%
9.3%
Q3 24
9.8%
20.2%
Q2 24
11.4%
19.7%
EPS (diluted)
HAE
HAE
RLI
RLI
Q1 26
Q4 25
$0.95
$1.00
Q3 25
$0.81
$1.35
Q2 25
$0.70
$1.34
Q1 25
$1.17
$0.68
Q4 24
$0.74
$-2.87
Q3 24
$0.66
$2.06
Q2 24
$0.74
$1.78

Balance Sheet & Financial Strength

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

Metric
HAE
HAE
RLI
RLI
Cash + ST InvestmentsLiquidity on hand
$245.4M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$796.3M
$1.8B
Total Assets
$2.4B
$6.2B
Debt / EquityLower = less leverage
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAE
HAE
RLI
RLI
Q1 26
$245.4M
Q4 25
$363.4M
Q3 25
$296.4M
Q2 25
$292.9M
Q1 25
$306.8M
Q4 24
$320.8M
Q3 24
$299.3M
Q2 24
$344.4M
Total Debt
HAE
HAE
RLI
RLI
Q1 26
$1.2B
Q4 25
$1.2B
Q3 25
$1.2B
$100.0M
Q2 25
$1.2B
$100.0M
Q1 25
$1.2B
$100.0M
Q4 24
$100.0M
Q3 24
$100.0M
Q2 24
$100.0M
Stockholders' Equity
HAE
HAE
RLI
RLI
Q1 26
$796.3M
Q4 25
$911.5M
$1.8B
Q3 25
$849.2M
$1.9B
Q2 25
$882.3M
$1.7B
Q1 25
$820.8M
$1.6B
Q4 24
$906.9M
$1.5B
Q3 24
$878.9M
$1.7B
Q2 24
$905.4M
$1.6B
Total Assets
HAE
HAE
RLI
RLI
Q1 26
$2.4B
Q4 25
$2.5B
$6.2B
Q3 25
$2.4B
$6.2B
Q2 25
$2.5B
$6.0B
Q1 25
$2.5B
$5.7B
Q4 24
$2.5B
$5.6B
Q3 24
$2.5B
$5.8B
Q2 24
$2.5B
$5.5B
Debt / Equity
HAE
HAE
RLI
RLI
Q1 26
1.53×
Q4 25
1.34×
Q3 25
1.44×
0.05×
Q2 25
1.39×
0.06×
Q1 25
1.49×
0.06×
Q4 24
0.07×
Q3 24
0.06×
Q2 24
0.06×

Cash Flow & Capital Efficiency

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

Metric
HAE
HAE
RLI
RLI
Operating Cash FlowLast quarter
$293.2M
$156.8M
Free Cash FlowOCF − Capex
$209.9M
$155.0M
FCF MarginFCF / Revenue
60.6%
33.3%
Capex IntensityCapex / Revenue
9.5%
0.4%
Cash ConversionOCF / Net Profit
3.01×
1.72×
TTM Free Cash FlowTrailing 4 quarters
$417.1M
$608.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAE
HAE
RLI
RLI
Q1 26
$293.2M
Q4 25
$93.6M
$156.8M
Q3 25
$111.3M
$179.2M
Q2 25
$17.4M
$174.7M
Q1 25
$116.6M
$103.5M
Q4 24
$43.8M
$128.1M
Q3 24
$48.8M
$219.4M
Q2 24
$-27.4M
$141.8M
Free Cash Flow
HAE
HAE
RLI
RLI
Q1 26
$209.9M
Q4 25
$87.2M
$155.0M
Q3 25
$106.3M
$177.8M
Q2 25
$13.6M
$173.4M
Q1 25
$100.9M
$102.5M
Q4 24
$35.2M
$127.6M
Q3 24
$39.4M
$219.0M
Q2 24
$-33.1M
$139.1M
FCF Margin
HAE
HAE
RLI
RLI
Q1 26
60.6%
Q4 25
25.7%
33.3%
Q3 25
32.5%
34.9%
Q2 25
4.2%
34.7%
Q1 25
30.5%
25.1%
Q4 24
10.1%
29.0%
Q3 24
11.4%
46.6%
Q2 24
-9.8%
33.4%
Capex Intensity
HAE
HAE
RLI
RLI
Q1 26
9.5%
Q4 25
1.9%
0.4%
Q3 25
1.5%
0.3%
Q2 25
1.2%
0.3%
Q1 25
4.7%
0.3%
Q4 24
2.5%
0.1%
Q3 24
2.7%
0.1%
Q2 24
1.7%
0.7%
Cash Conversion
HAE
HAE
RLI
RLI
Q1 26
3.01×
Q4 25
2.09×
1.72×
Q3 25
2.88×
1.44×
Q2 25
0.51×
1.41×
Q1 25
2.01×
1.64×
Q4 24
1.17×
3.13×
Q3 24
1.44×
2.31×
Q2 24
-0.71×
1.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HAE
HAE

Hospital$159.6M46%
Plasma$130.3M38%
Blood Center$56.4M16%

RLI
RLI

Casualty Segment$246.8M53%
Property Insurance Segment$122.5M26%
Other$59.3M13%
Surety Insurance Segment$37.1M8%

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