vs
Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) and PROCORE TECHNOLOGIES, INC. (PCOR). Click either name above to swap in a different company.
PROCORE TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($349.1M vs $270.8M, roughly 1.3× HUTCHMED (China) Ltd). HUTCHMED (China) Ltd runs the higher net margin — 0.7% vs -10.8%, a 11.5% gap on every dollar of revenue. On growth, PROCORE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (15.6% vs -16.5%). PROCORE TECHNOLOGIES, INC. produced more free cash flow last quarter ($109.2M vs $3.4M).
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.
Procore Technologies is an American construction management software as a service company founded in 2002, with headquarters in Carpinteria, California. Procore hosts a platform to connect those involved in the construction industry on a global platform. The software allows for the creation of simplified workflows and displays a consolidated view of construction products that includes the tracking of tasks, management of project workflows, and scheduling.
HCM vs PCOR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.8M | $349.1M |
| Net Profit | $2.0M | $-37.6M |
| Gross Margin | 37.7% | 80.1% |
| Operating Margin | -13.2% | -12.3% |
| Net Margin | 0.7% | -10.8% |
| Revenue YoY | -16.5% | 15.6% |
| Net Profit YoY | -83.6% | 39.6% |
| EPS (diluted) | $0.00 | $-0.25 |
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.
| Q4 25 | $270.8M | $349.1M | ||
| Q3 25 | — | $338.9M | ||
| Q2 25 | $277.7M | $323.9M | ||
| Q1 25 | $324.5M | $310.6M | ||
| Q4 24 | — | $302.0M | ||
| Q3 24 | — | $295.9M | ||
| Q2 24 | $305.7M | $284.3M | ||
| Q1 24 | — | $269.4M |
| Q4 25 | $2.0M | $-37.6M | ||
| Q3 25 | — | $-9.1M | ||
| Q2 25 | $455.0M | $-21.1M | ||
| Q1 25 | $11.9M | $-33.0M | ||
| Q4 24 | — | $-62.3M | ||
| Q3 24 | — | $-26.4M | ||
| Q2 24 | $25.8M | $-6.3M | ||
| Q1 24 | — | $-11.0M |
| Q4 25 | 37.7% | 80.1% | ||
| Q3 25 | — | 79.7% | ||
| Q2 25 | 0.1% | 79.1% | ||
| Q1 25 | 48.0% | 79.1% | ||
| Q4 24 | — | 81.2% | ||
| Q3 24 | — | 81.4% | ||
| Q2 24 | 41.1% | 83.1% | ||
| Q1 24 | — | 83.0% |
| Q4 25 | -13.2% | -12.3% | ||
| Q3 25 | — | -4.4% | ||
| Q2 25 | -1.3% | -9.3% | ||
| Q1 25 | -5.0% | -11.7% | ||
| Q4 24 | — | -21.9% | ||
| Q3 24 | — | -12.3% | ||
| Q2 24 | -9.0% | -5.2% | ||
| Q1 24 | — | -7.0% |
| Q4 25 | 0.7% | -10.8% | ||
| Q3 25 | — | -2.7% | ||
| Q2 25 | 163.8% | -6.5% | ||
| Q1 25 | 3.7% | -10.6% | ||
| Q4 24 | — | -20.6% | ||
| Q3 24 | — | -8.9% | ||
| Q2 24 | 8.4% | -2.2% | ||
| Q1 24 | — | -4.1% |
| Q4 25 | $0.00 | $-0.25 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | $0.52 | $-0.14 | ||
| Q1 25 | $0.01 | $-0.22 | ||
| Q4 24 | — | $-0.42 | ||
| Q3 24 | — | $-0.18 | ||
| Q2 24 | $0.03 | $-0.04 | ||
| Q1 24 | — | $-0.08 |
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 | $768.5M |
| Total DebtLower is stronger | $93.2M | — |
| Stockholders' EquityBook value | $1.2B | $1.3B |
| Total Assets | $1.8B | $2.2B |
| Debt / EquityLower = less leverage | 0.08× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.4B | $768.5M | ||
| Q3 25 | — | $684.0M | ||
| Q2 25 | $1.4B | $620.9M | ||
| Q1 25 | $836.1M | $566.7M | ||
| Q4 24 | — | $775.4M | ||
| Q3 24 | — | $756.9M | ||
| Q2 24 | $802.5M | $735.4M | ||
| Q1 24 | — | $744.6M |
| Q4 25 | $93.2M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $93.4M | — | ||
| Q1 25 | $82.8M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $82.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.2B | $1.3B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $759.9M | $1.2B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | $740.1M | $1.3B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | $1.8B | $2.2B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | $1.8B | $2.0B | ||
| Q1 25 | $1.3B | $1.9B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | $1.3B | $2.0B | ||
| Q1 24 | — | $1.9B |
| Q4 25 | 0.08× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.08× | — | ||
| Q1 25 | 0.11× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.11× | — | ||
| Q1 24 | — | — |
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 | $114.9M |
| Free Cash FlowOCF − Capex | $3.4M | $109.2M |
| FCF MarginFCF / Revenue | 1.2% | 31.3% |
| Capex IntensityCapex / Revenue | 1.8% | 1.6% |
| Cash ConversionOCF / Net Profit | 4.21× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-96.2M | $282.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.2M | $114.9M | ||
| Q3 25 | — | $88.5M | ||
| Q2 25 | $-72.9M | $30.8M | ||
| Q1 25 | $40.3M | $66.0M | ||
| Q4 24 | — | $29.1M | ||
| Q3 24 | — | $39.3M | ||
| Q2 24 | $-39.8M | $58.7M | ||
| Q1 24 | — | $69.1M |
| Q4 25 | $3.4M | $109.2M | ||
| Q3 25 | — | $83.1M | ||
| Q2 25 | $-82.2M | $27.9M | ||
| Q1 25 | $32.5M | $62.0M | ||
| Q4 24 | — | $17.4M | ||
| Q3 24 | — | $35.7M | ||
| Q2 24 | $-49.9M | $56.8M | ||
| Q1 24 | — | $67.1M |
| Q4 25 | 1.2% | 31.3% | ||
| Q3 25 | — | 24.5% | ||
| Q2 25 | -29.6% | 8.6% | ||
| Q1 25 | 10.0% | 20.0% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 12.1% | ||
| Q2 24 | -16.3% | 20.0% | ||
| Q1 24 | — | 24.9% |
| Q4 25 | 1.8% | 1.6% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | 3.3% | 0.9% | ||
| Q1 25 | 2.4% | 1.3% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | 3.3% | 0.7% | ||
| Q1 24 | — | 0.8% |
| 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
HCM
Segment breakdown not available.
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
