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Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) and RADIANT LOGISTICS, INC (RLGT). Click either name above to swap in a different company.
HUTCHMED (China) Ltd is the larger business by last-quarter revenue ($270.8M vs $232.1M, roughly 1.2× RADIANT LOGISTICS, INC). RADIANT LOGISTICS, INC runs the higher net margin — 2.3% vs 0.7%, a 1.6% gap on every dollar of revenue. On growth, RADIANT LOGISTICS, INC posted the faster year-over-year revenue change (-12.3% vs -16.5%). RADIANT LOGISTICS, INC produced more free cash flow last quarter ($11.6M 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.
Radiant Logistics, Inc. is a leading third-party logistics provider offering end-to-end supply chain solutions, domestic and international freight forwarding, warehousing, and last-mile delivery services. It primarily serves North American markets, with key client segments including retail, manufacturing, e-commerce, and industrial sectors, helping businesses optimize logistics workflows and cut operational costs.
HCM vs RLGT — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $270.8M | $232.1M |
| Net Profit | $2.0M | $5.3M |
| Gross Margin | 37.7% | — |
| Operating Margin | -13.2% | 3.2% |
| Net Margin | 0.7% | 2.3% |
| Revenue YoY | -16.5% | -12.3% |
| Net Profit YoY | -83.6% | -18.0% |
| EPS (diluted) | $0.00 | $0.11 |
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 | $232.1M | ||
| Q3 25 | — | $226.7M | ||
| Q2 25 | $277.7M | $220.6M | ||
| Q1 25 | $324.5M | $214.0M | ||
| Q4 24 | — | $264.5M | ||
| Q3 24 | — | $203.6M | ||
| Q2 24 | $305.7M | $206.0M | ||
| Q1 24 | — | $184.6M |
| Q4 25 | $2.0M | $5.3M | ||
| Q3 25 | — | $1.3M | ||
| Q2 25 | $455.0M | $4.9M | ||
| Q1 25 | $11.9M | $2.5M | ||
| Q4 24 | — | $6.5M | ||
| Q3 24 | — | $3.4M | ||
| Q2 24 | $25.8M | $4.8M | ||
| Q1 24 | — | $-703.0K |
| Q4 25 | 37.7% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 48.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 41.1% | — | ||
| Q1 24 | — | — |
| Q4 25 | -13.2% | 3.2% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | -1.3% | 2.4% | ||
| Q1 25 | -5.0% | 1.6% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | -9.0% | 2.4% | ||
| Q1 24 | — | -0.5% |
| Q4 25 | 0.7% | 2.3% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | 163.8% | 2.2% | ||
| Q1 25 | 3.7% | 1.2% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | 8.4% | 2.3% | ||
| Q1 24 | — | -0.4% |
| Q4 25 | $0.00 | $0.11 | ||
| Q3 25 | — | $0.03 | ||
| Q2 25 | $0.52 | $0.10 | ||
| Q1 25 | $0.01 | $0.05 | ||
| Q4 24 | — | $0.13 | ||
| Q3 24 | — | $0.07 | ||
| Q2 24 | $0.03 | $0.11 | ||
| Q1 24 | — | $-0.02 |
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 | $31.9M |
| Total DebtLower is stronger | $93.2M | — |
| Stockholders' EquityBook value | $1.2B | $229.8M |
| Total Assets | $1.8B | $439.4M |
| Debt / EquityLower = less leverage | 0.08× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.4B | $31.9M | ||
| Q3 25 | — | $28.1M | ||
| Q2 25 | $1.4B | $22.9M | ||
| Q1 25 | $836.1M | $19.0M | ||
| Q4 24 | — | $19.9M | ||
| Q3 24 | — | $10.4M | ||
| Q2 24 | $802.5M | $24.9M | ||
| Q1 24 | — | $31.2M |
| 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 | $229.8M | ||
| Q3 25 | — | $225.7M | ||
| Q2 25 | $1.2B | $226.0M | ||
| Q1 25 | $759.9M | $218.2M | ||
| Q4 24 | — | $214.4M | ||
| Q3 24 | — | $212.4M | ||
| Q2 24 | $740.1M | $209.4M | ||
| Q1 24 | — | $206.0M |
| Q4 25 | $1.8B | $439.4M | ||
| Q3 25 | — | $445.3M | ||
| Q2 25 | $1.8B | $426.8M | ||
| Q1 25 | $1.3B | $414.5M | ||
| Q4 24 | — | $386.8M | ||
| Q3 24 | — | $375.3M | ||
| Q2 24 | $1.3B | $371.2M | ||
| Q1 24 | — | $364.0M |
| 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 | $12.4M |
| Free Cash FlowOCF − Capex | $3.4M | $11.6M |
| FCF MarginFCF / Revenue | 1.2% | 5.0% |
| Capex IntensityCapex / Revenue | 1.8% | 0.3% |
| Cash ConversionOCF / Net Profit | 4.21× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $-96.2M | $8.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.2M | $12.4M | ||
| Q3 25 | — | $2.5M | ||
| Q2 25 | $-72.9M | $3.1M | ||
| Q1 25 | $40.3M | $-5.7M | ||
| Q4 24 | — | $15.7M | ||
| Q3 24 | — | $205.0K | ||
| Q2 24 | $-39.8M | $1.3M | ||
| Q1 24 | — | $3.9M |
| Q4 25 | $3.4M | $11.6M | ||
| Q3 25 | — | $977.0K | ||
| Q2 25 | $-82.2M | $2.2M | ||
| Q1 25 | $32.5M | $-6.4M | ||
| Q4 24 | — | $14.1M | ||
| Q3 24 | — | $-1.9M | ||
| Q2 24 | $-49.9M | $-185.0K | ||
| Q1 24 | — | $1.8M |
| Q4 25 | 1.2% | 5.0% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | -29.6% | 1.0% | ||
| Q1 25 | 10.0% | -3.0% | ||
| Q4 24 | — | 5.3% | ||
| Q3 24 | — | -0.9% | ||
| Q2 24 | -16.3% | -0.1% | ||
| Q1 24 | — | 1.0% |
| Q4 25 | 1.8% | 0.3% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | 3.3% | 0.4% | ||
| Q1 25 | 2.4% | 0.3% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 1.0% | ||
| Q2 24 | 3.3% | 0.7% | ||
| Q1 24 | — | 1.2% |
| Q4 25 | 4.21× | 2.33× | ||
| Q3 25 | — | 1.90× | ||
| Q2 25 | -0.16× | 0.63× | ||
| Q1 25 | 3.38× | -2.26× | ||
| Q4 24 | — | 2.43× | ||
| Q3 24 | — | 0.06× | ||
| Q2 24 | -1.54× | 0.26× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCM
Segment breakdown not available.
RLGT
| Transferred Over Time | $201.2M | 87% |
| Other | $25.0M | 11% |
| Value Added Services | $4.2M | 2% |
| Transferred At Point In Time | $1.8M | 1% |
