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Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) and Hillman Solutions Corp. (HLMN). Click either name above to swap in a different company.
Hillman Solutions Corp. is the larger business by last-quarter revenue ($370.1M vs $270.8M, roughly 1.4× HUTCHMED (China) Ltd). HUTCHMED (China) Ltd runs the higher net margin — 0.7% vs -1.3%, a 2.0% gap on every dollar of revenue. On growth, Hillman Solutions Corp. posted the faster year-over-year revenue change (3.0% vs -16.5%). HUTCHMED (China) Ltd produced more free cash flow last quarter ($3.4M vs $-34.3M).
HUTCHMED (China) LtdHCMEarnings & Financial Report
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.
Hillman Solutions is an American hardware manufacturing, distribution and consumer fabrication services company.
HCM vs HLMN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $270.8M | $370.1M |
| Net Profit | $2.0M | $-4.7M |
| Gross Margin | 37.7% | — |
| Operating Margin | -13.2% | 1.9% |
| Net Margin | 0.7% | -1.3% |
| Revenue YoY | -16.5% | 3.0% |
| Net Profit YoY | -83.6% | — |
| EPS (diluted) | $0.00 | $-0.02 |
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.
| Q1 26 | — | $370.1M | ||
| Q4 25 | $270.8M | $365.1M | ||
| Q3 25 | — | $424.9M | ||
| Q2 25 | $277.7M | $402.8M | ||
| Q1 25 | $324.5M | $359.3M | ||
| Q4 24 | — | $349.6M | ||
| Q3 24 | — | $393.3M | ||
| Q2 24 | $305.7M | $379.4M |
| Q1 26 | — | $-4.7M | ||
| Q4 25 | $2.0M | $1.6M | ||
| Q3 25 | — | $23.2M | ||
| Q2 25 | $455.0M | $15.8M | ||
| Q1 25 | $11.9M | $-317.0K | ||
| Q4 24 | — | $-1.2M | ||
| Q3 24 | — | $7.4M | ||
| Q2 24 | $25.8M | $12.5M |
| Q1 26 | — | — | ||
| Q4 25 | 37.7% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 48.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 41.1% | — |
| Q1 26 | — | 1.9% | ||
| Q4 25 | -13.2% | 4.6% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | -1.3% | 9.0% | ||
| Q1 25 | -5.0% | 4.2% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | -9.0% | 8.3% |
| Q1 26 | — | -1.3% | ||
| Q4 25 | 0.7% | 0.4% | ||
| Q3 25 | — | 5.5% | ||
| Q2 25 | 163.8% | 3.9% | ||
| Q1 25 | 3.7% | -0.1% | ||
| Q4 24 | — | -0.3% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | 8.4% | 3.3% |
| Q1 26 | — | $-0.02 | ||
| Q4 25 | $0.00 | $0.00 | ||
| Q3 25 | — | $0.12 | ||
| Q2 25 | $0.52 | $0.08 | ||
| Q1 25 | $0.01 | $0.00 | ||
| Q4 24 | — | $-0.00 | ||
| Q3 24 | — | $0.04 | ||
| Q2 24 | $0.03 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.4B | $27.7M |
| Total DebtLower is stronger | $93.2M | $714.1M |
| Stockholders' EquityBook value | $1.2B | $1.2B |
| Total Assets | $1.8B | $2.4B |
| Debt / EquityLower = less leverage | 0.08× | 0.59× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $27.7M | ||
| Q4 25 | $1.4B | $27.3M | ||
| Q3 25 | — | $37.7M | ||
| Q2 25 | $1.4B | $34.2M | ||
| Q1 25 | $836.1M | $36.3M | ||
| Q4 24 | — | $44.5M | ||
| Q3 24 | — | $59.8M | ||
| Q2 24 | $802.5M | $54.0M |
| Q1 26 | — | $714.1M | ||
| Q4 25 | $93.2M | $668.3M | ||
| Q3 25 | — | $683.2M | ||
| Q2 25 | $93.4M | $683.1M | ||
| Q1 25 | $82.8M | $713.5M | ||
| Q4 24 | — | $691.7M | ||
| Q3 24 | — | $730.7M | ||
| Q2 24 | $82.1M | $732.1M |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $759.9M | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | $740.1M | $1.2B |
| Q1 26 | — | $2.4B | ||
| Q4 25 | $1.8B | $2.4B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | $1.8B | $2.4B | ||
| Q1 25 | $1.3B | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | $1.3B | $2.4B |
| Q1 26 | — | 0.59× | ||
| Q4 25 | 0.08× | 0.54× | ||
| Q3 25 | — | 0.56× | ||
| Q2 25 | 0.08× | 0.57× | ||
| Q1 25 | 0.11× | 0.60× | ||
| Q4 24 | — | 0.59× | ||
| Q3 24 | — | 0.62× | ||
| Q2 24 | 0.11× | 0.62× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $8.2M | — |
| Free Cash FlowOCF − Capex | $3.4M | $-34.3M |
| FCF MarginFCF / Revenue | 1.2% | -9.3% |
| Capex IntensityCapex / Revenue | 1.8% | 4.0% |
| Cash ConversionOCF / Net Profit | 4.21× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-96.2M | $22.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $8.2M | $30.9M | ||
| Q3 25 | — | $26.2M | ||
| Q2 25 | $-72.9M | $48.7M | ||
| Q1 25 | $40.3M | $-655.0K | ||
| Q4 24 | — | $43.1M | ||
| Q3 24 | — | $63.7M | ||
| Q2 24 | $-39.8M | $64.8M |
| Q1 26 | — | $-34.3M | ||
| Q4 25 | $3.4M | $16.1M | ||
| Q3 25 | — | $9.1M | ||
| Q2 25 | $-82.2M | $31.2M | ||
| Q1 25 | $32.5M | $-21.3M | ||
| Q4 24 | — | $22.1M | ||
| Q3 24 | — | $39.6M | ||
| Q2 24 | $-49.9M | $42.5M |
| Q1 26 | — | -9.3% | ||
| Q4 25 | 1.2% | 4.4% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | -29.6% | 7.7% | ||
| Q1 25 | 10.0% | -5.9% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | -16.3% | 11.2% |
| Q1 26 | — | 4.0% | ||
| Q4 25 | 1.8% | 4.0% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | 3.3% | 4.3% | ||
| Q1 25 | 2.4% | 5.7% | ||
| Q4 24 | — | 6.0% | ||
| Q3 24 | — | 6.1% | ||
| Q2 24 | 3.3% | 5.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.21× | 19.33× | ||
| Q3 25 | — | 1.13× | ||
| Q2 25 | -0.16× | 3.08× | ||
| Q1 25 | 3.38× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 8.57× | ||
| Q2 24 | -1.54× | 5.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
