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Side-by-side financial comparison of HCI Group, Inc. (HCI) and Mirum Pharmaceuticals, Inc. (MIRM). Click either name above to swap in a different company.

HCI Group, Inc. is the larger business by last-quarter revenue ($242.9M vs $148.9M, roughly 1.6× Mirum Pharmaceuticals, Inc.). HCI Group, Inc. runs the higher net margin — 35.0% vs -3.8%, a 38.9% gap on every dollar of revenue. On growth, Mirum Pharmaceuticals, Inc. posted the faster year-over-year revenue change (49.8% vs 12.2%). Over the past eight quarters, Mirum Pharmaceuticals, Inc.'s revenue compounded faster (46.7% CAGR vs 8.5%).

HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.

Mirum Pharmaceuticals, Inc. is a late-stage biopharmaceutical company focused on developing and commercializing innovative therapies for patients with rare, debilitating liver diseases that have high unmet medical needs, serving both pediatric and adult patient groups across North America, Europe and other global regions.

HCI vs MIRM — Head-to-Head

Bigger by revenue
HCI
HCI
1.6× larger
HCI
$242.9M
$148.9M
MIRM
Growing faster (revenue YoY)
MIRM
MIRM
+37.6% gap
MIRM
49.8%
12.2%
HCI
Higher net margin
HCI
HCI
38.9% more per $
HCI
35.0%
-3.8%
MIRM
Faster 2-yr revenue CAGR
MIRM
MIRM
Annualised
MIRM
46.7%
8.5%
HCI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HCI
HCI
MIRM
MIRM
Revenue
$242.9M
$148.9M
Net Profit
$85.0M
$-5.7M
Gross Margin
Operating Margin
-3.1%
Net Margin
35.0%
-3.8%
Revenue YoY
12.2%
49.8%
Net Profit YoY
14.6%
75.9%
EPS (diluted)
$5.45
$-0.10

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
HCI
HCI
MIRM
MIRM
Q1 26
$242.9M
Q4 25
$246.2M
$148.9M
Q3 25
$216.3M
$133.0M
Q2 25
$221.9M
$127.8M
Q1 25
$216.4M
$111.6M
Q4 24
$161.9M
$99.4M
Q3 24
$175.3M
$90.4M
Q2 24
$206.2M
$77.9M
Net Profit
HCI
HCI
MIRM
MIRM
Q1 26
$85.0M
Q4 25
$97.7M
$-5.7M
Q3 25
$65.5M
$2.9M
Q2 25
$66.2M
$-5.9M
Q1 25
$69.7M
$-14.7M
Q4 24
$2.6M
$-23.8M
Q3 24
$5.7M
$-14.2M
Q2 24
$54.1M
$-24.6M
Operating Margin
HCI
HCI
MIRM
MIRM
Q1 26
Q4 25
58.5%
-3.1%
Q3 25
41.9%
2.0%
Q2 25
42.5%
-3.9%
Q1 25
46.4%
-13.6%
Q4 24
3.6%
-24.4%
Q3 24
8.0%
-14.0%
Q2 24
36.9%
-31.1%
Net Margin
HCI
HCI
MIRM
MIRM
Q1 26
35.0%
Q4 25
39.7%
-3.8%
Q3 25
30.3%
2.2%
Q2 25
29.8%
-4.6%
Q1 25
32.2%
-13.2%
Q4 24
1.6%
-23.9%
Q3 24
3.2%
-15.8%
Q2 24
26.2%
-31.6%
EPS (diluted)
HCI
HCI
MIRM
MIRM
Q1 26
$5.45
Q4 25
$7.29
$-0.10
Q3 25
$4.90
$0.05
Q2 25
$5.18
$-0.12
Q1 25
$5.35
$-0.30
Q4 24
$0.32
$-0.49
Q3 24
$0.52
$-0.30
Q2 24
$4.24
$-0.52

Balance Sheet & Financial Strength

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

Metric
HCI
HCI
MIRM
MIRM
Cash + ST InvestmentsLiquidity on hand
$1.0B
$383.3M
Total DebtLower is stronger
$31.7M
Stockholders' EquityBook value
$1.1B
$314.7M
Total Assets
$2.6B
$842.8M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCI
HCI
MIRM
MIRM
Q1 26
$1.0B
Q4 25
$1.2B
$383.3M
Q3 25
$987.9M
$375.5M
Q2 25
$947.2M
$304.6M
Q1 25
$754.5M
$277.7M
Q4 24
$532.5M
$280.3M
Q3 24
$518.8M
$284.4M
Q2 24
$445.8M
$278.4M
Total Debt
HCI
HCI
MIRM
MIRM
Q1 26
$31.7M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
HCI
HCI
MIRM
MIRM
Q1 26
$1.1B
Q4 25
$1.0B
$314.7M
Q3 25
$821.8M
$292.0M
Q2 25
$758.6M
$255.2M
Q1 25
$522.7M
$233.3M
Q4 24
$453.3M
$225.6M
Q3 24
$455.3M
$232.0M
Q2 24
$447.3M
$229.0M
Total Assets
HCI
HCI
MIRM
MIRM
Q1 26
$2.6B
Q4 25
$2.5B
$842.8M
Q3 25
$2.3B
$785.1M
Q2 25
$2.4B
$725.8M
Q1 25
$2.3B
$690.2M
Q4 24
$2.2B
$670.8M
Q3 24
$2.0B
$667.9M
Q2 24
$1.9B
$660.8M
Debt / Equity
HCI
HCI
MIRM
MIRM
Q1 26
0.03×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
HCI
HCI
MIRM
MIRM
Operating Cash FlowLast quarter
$6.1M
Free Cash FlowOCF − Capex
$5.5M
FCF MarginFCF / Revenue
3.7%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$54.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCI
HCI
MIRM
MIRM
Q1 26
Q4 25
$444.4M
$6.1M
Q3 25
$26.7M
$39.7M
Q2 25
$145.0M
$12.0M
Q1 25
$162.0M
$-2.0M
Q4 24
$331.8M
$-5.1M
Q3 24
$104.1M
$4.0M
Q2 24
$-29.0M
$-3.8M
Free Cash Flow
HCI
HCI
MIRM
MIRM
Q1 26
Q4 25
$440.8M
$5.5M
Q3 25
$25.9M
$39.5M
Q2 25
$144.5M
$11.9M
Q1 25
$160.3M
$-2.0M
Q4 24
$327.8M
$-5.1M
Q3 24
$103.2M
$3.8M
Q2 24
$-30.1M
$-4.6M
FCF Margin
HCI
HCI
MIRM
MIRM
Q1 26
Q4 25
179.0%
3.7%
Q3 25
12.0%
29.7%
Q2 25
65.1%
9.3%
Q1 25
74.1%
-1.8%
Q4 24
202.5%
-5.1%
Q3 24
58.9%
4.2%
Q2 24
-14.6%
-5.9%
Capex Intensity
HCI
HCI
MIRM
MIRM
Q1 26
Q4 25
1.5%
0.4%
Q3 25
0.4%
0.1%
Q2 25
0.2%
0.1%
Q1 25
0.8%
0.0%
Q4 24
2.5%
0.0%
Q3 24
0.5%
0.2%
Q2 24
0.5%
1.0%
Cash Conversion
HCI
HCI
MIRM
MIRM
Q1 26
Q4 25
4.55×
Q3 25
0.41×
13.66×
Q2 25
2.19×
Q1 25
2.32×
Q4 24
128.41×
Q3 24
18.33×
Q2 24
-0.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HCI
HCI

Segment breakdown not available.

MIRM
MIRM

Livmarli$106.4M71%
Bile Acid Medicines$42.5M29%

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